Patient Engagement Solutions Market Size, Share, Key Trends, Emerging Opportunities, Strategies, Drivers, Outlook and Forecast to 2024

Patient Engagement Solutions Market Size, Emerging
Opportunities, Strategies, Drivers, Outlook and Forecast to
2024
The global patient engagement solutions market is expected to reach USD 39.3 billion by 2024, according to a new
report by Grand View Research, Inc. The supportive government initiatives and the rising usage and awareness of
mobile healthcare services are expected to impel the market growth.
The rising prevalence of chronic conditions is the preliminary factor that is expected to advance the market
growth. The mortality rate of diabetic patients was over 1.0 million in 2012, as stated by the WHO. This hike in the
death rate of diabetic patients reflects the lack of knowledge about the causes, symptoms, and the preventive
measures of the disease. The present patient engagement systems aid in furnishing patients with educative
information; thus, empowering them to make better healthcare decisions.
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The patient engagement solutions cater to the hospitals in providing financial solutions for effective utilization of
the allocated healthcare budget. Furthermore, the market players are actively volunteering in obtaining patient
feedback regarding the existent solutions to develop better patient engagement plat forms with enhanced quality.
Moreover, the favorable government initiatives and the funding efforts undertaken to promote the incorporation
of patient engagement solutions in the healthcare sector help in boosting the market growth. For instance, in the
U.S., under the Health Information Technology for Economic and Clinical Health (HITECH) act, the government
spends around USD 20 billion annually on hospitals for the installation of Electronic Health Records (EHRs), which is
expected to help in improving the workflow and the quality of treatment delivery.
Further key findings from the study suggest:
The web-based delivery segment is expected to be the largest delivery mode growing at a lucrative CAGR over the
forecast period.
North America is expected to dominate over the forecast period with a revenue share of over 40.0% in 2024.
Favourable government initiatives, such as the Affordable Care Act (ACA) initiated by President Obama and the
Health Information Technology for Economic and Clinical Health (HITECH) act, are anticipated to drive the market
growth.
Asia Pacific is anticipated to emerge as the fastest growing region with a CAGR of over 20.0% over the forecast
period. The increasing investments in the healthcare sector, rising awareness with regard to the varying types of
patient engagement portals, and the escalating geriatric population base are estimated to catapult the demand.
Some key players of the market include Allscripts Healthcare Solutions, Inc., Cerner Corporation, Phytel, Inc.,
Athenahealth, Inc., McKesson Corporation, and MEDecision, Inc.
In order to curtail the competition, the key industry players are actively involved in the development of new
solutions that facilitate the workflow of the existing platforms. For instance, Allscripts Healthcare Solutions, Inc.
provides revenue cycle management solutions, which help in maintaining the financial health of the medical
systems.
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Table of Contents
Chapter 1. Methodology and Scope
1.1. Research methodology
1.2. Research scope & assumption
1.3. List of data sources
Chapter 2. Executive Summary
2.1. Patient Engagement Solutions Market - Industry Snapshot and Key Buying Criteria, 2015
Chapter 3. Patient Engagement Solutions Industry Outlook
3.1. Market Segmentation
3.2. Patient Engagement Solutions Market Size And Growth Prospects
3.3. Patient Engagement Solutions Market Dynamics
3.3.1. Market Driver Analysis
3.3.1.1. Growing geriatric population
3.3.1.2. Increasing government initiatives
3.3.1.3. Increasing utilization of mobile health
3.3.1.4. Rising investments by stakeholders
3.3.2. Market Restraint Analysis
3.3.2.1. Protection of patient information
3.3.2.2. Lack of infrastructure
3.4. Key Opportunities Prioritized
3.5. Industry Analysis - Porter's
3.6. Patient Engagement Solutions Market PESTEL Analysis, 2015
Chapter 4. Patient Engagement Solutions Market by Type of Delivery
4.1. Patient Engagement Solutions Market Share, By Type of Delivery, 2015 & 2024 (USD Million)
4.2. Web-based
4.2.1. Web-Based Market Estimates, 2013 - 2015 (USD Million)
4.2.2. Web-Based Market Forecasts, 2016 - 2024 (USD Million)
4.3. Cloud-based
4.3.1. Cloud-based Market Estimates, 2013 - 2015 (USD Million)
4.3.2. Cloud-based Market Forecasts, 2016 - 2024 (USD Million)
4.4. On-premise
4.4.1. On-premise Market Estimates, 2013 - 2015 (USD Million)
4.4.2. On-premise Market Forecasts, 2016 - 2024 (USD Million)
Chapter 5. Patient Engagement Solutions Market by Component
5.1. Patient Engagement Solutions Market Share, by Component, 2015 & 2024 (USD Million)
5.2. Software
5.2.1. Standalone Software
5.2.1.1. Standalone Software Market Estimates, 2013 - 2015 (USD Million)
5.2.1.2. Standalone Software Market Forecasts, 2016 - 2024 (USD Million)
5.2.2. Integrated Software
5.2.2.1. Integrated Software Market Estimates, 2013 - 2015 (USD Million)
5.2.2.2. Integrated Software Market Forecasts, 2016 - 2024 (USD Million)
5.3. Services
5.3.1. Consulting Services
5.3.1.1. Consulting Services Software Market Estimates, 2013 - 2015 (USD Million)
5.3.1.2. Consulting Services Software Market Forecasts, 2016 - 2024 (USD Million)
5.3.2. Implementation Services
5.3.2.1. Implementation Services Software Market Estimates, 2013 - 2015 (USD Million)
5.3.2.2. Implementation Services Software Market Forecasts, 2016 - 2024 (USD Million)
5.3.3. Education Services
5.3.3.1. Education Services Software Market Estimates, 2013 - 2015 (USD Million)
5.3.3.2. Education Services Software Market Forecasts, 2016 - 2024 (USD Million)
5.3.4. Other Services
5.3.4.1. Other Services Software Market Estimates, 2013 - 2015 (USD Million)
5.3.4.2. Other Services Software Market Forecasts, 2016 - 2024 (USD Million)
5.4. Hardware
5.4.1. Hardware Market Estimates, 2013 - 2015 (USD Million)
5.4.2. Hardware Market Forecasts, 2016 - 2024 (USD Million)
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The global patient engagement solutions market is expected to reach USD 39.3 billion by 2024, according to a new report by Grand View Research, Inc. Visit Us @ http://www.radiantinsights.com/research/patient-engagement-solutions-market