NEW YORK – Nova one advisor recently added a research report, Patient Engagement Solutions market – global industry size, share analysis, market dynamics, market risk factors, market opportunities and challenges. segment forecast and the geographical distribution of the global market, profitability graph and the regional outlook of this business vertical.
Market Size; The global Patient Engagement Solutions market size was valued at US$ 11.8 billion in 2020 and is rising at a market growth (CAGR) of 17.3% during the forecast period.
The market for patient engagement solutions is mainly driven by increasing utilization of electronic health records for patient-centric care and adoption of mobile health devices. According to a survey conducted by the NHS in 2019, approximately 92.0% patients feel assured in self-managing treatment.
Factors such as growing burden of chronic diseases and a rise in geriatric population have led to the adoption of patient engagement solutions worldwide. For instance, in 2017, according to CDC statistics, 1.3 million new cases of diabetes were recorded in U.S. alone. In response to the growing number of diabetic patients, companies are focusing on the development of patient-centric engagement solutions. For example, in June 2019, Allina Health launched a patient-centric engagement solution platform for improving the Diabetes Self-Management Education (DSME) program. This enables diabetic self-care clinical services, particularly for those located in remote locations. Moreover, programs such as these help in cost evaluation, operational effectiveness, and clinical outcomes.
NOTE: Our report highlights the major issues and hazards that companies might come across due to the unprecedented outbreak of COVID-19.
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A recent report provides crucial insights along with application based and forecast information in the Global Patient Engagement Solutions Market. The report provides a comprehensive analysis of key factors that are expected to drive the growth of this market. This study also provides a detailed overview of the opportunities along with the current trends observed in the Patient Engagement Solutions market.
With increasing cases of obesity all over the globe, a need for conducting an in-depth study about this healthcare issue led to the development of this report. Increasing binge eating and consumption of junk foods, neglect towards regular exercise, rising levels of stress, are key market drivers. The report discusses more information about these subjects, with a focus on the rising need for Patient Engagement Solutions.
A quantitative analysis of the industry is compiled for a period of 10 years in order to assist players to grow in the market. Insights on specific revenue figures generated are also given in the report, along with projected revenue at the end of the forecast period. With healthcare being a sensitive topic, a separate analysis is included that discusses the widespread continuing obesity all over the globe consequently increasing demand for surgical devices.
Highlights of the Report:
In-depth analysis of various insights, namely, Patient Engagement Solutions Market trends, growth drivers, opportunities, and other related challenges.
Comprehensive details of key market players, their core competencies, and Patient Engagement Solutions Market share.
The potency of suppliers and buyers to make better business decisions.
Lists out the market size in terms of volume.
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Companies and Manufacturers Covered
The study covers key players operating in the market along with prime schemes and strategies implemented by each player to hold high positions in the industry. Such a tough vendor landscape provides a competitive outlook of the industry, consequently existing as a key insight. These insights were thoroughly analyzed and prime business strategies and products that offer high revenue generation capacities were indentified. Key players of the global Patient Engagement Solutions market are included as given below:
List of KEY PLAYERS in Patient Engagement Solutions Market Report are:
The market comprises several large and small businesses. It is dominated by participants such as Allscripts Healthcare Solutions, Orion Health Ltd., Cerner Corporation, and McKesson Corporation. Major players focus on implementing new approaches such as geographic penetration, mergers, acquisitions, and collaborations to expand their market footprint. For instance, in September 2019, GetWellNetwork and Cerner partnered to narrow the gap between providers and patients from inpatient to outpatient settings and the home. This partnership aims to provide convenient access and consumer engagement.
Moreover, several startups such as SaRa Health, Babyscripts,CoHealth, Roundtrip Health, My Haven Health, Advancing Synergy, and Ask Rose have been emerging to compete with the established firms in the market.
Segments Covered in the Report
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of latest industry trends in each of the sub-segments from 2016 to 2027. For the purpose of this study, has segmented the global patient engagement solutions market report based on delivery type, component, end use, application, therapeutic area, and region:
- Therapeutic Area Outlook (Revenue, USD Million, 2016 – 2027)
- Chronic diseases
- Obesity
- Diabetes
- Cardiovascular
- Others
- Fitness
- Women’s Health
- Mental Health
- Others
- Chronic diseases
- Application Outlook (Revenue, USD Million, 2016 – 2027)
- Social Management
- Health Management
- Home Healthcare Management
- Financial Health Management
- End-Use Outlook (Revenue, USD Million, 2016 – 2027)
- Payers
- Providers
- Individual Users
- Component Outlook (Revenue, USD Million, 2016 – 2027)
- Software
- Standalone
- Integrated
- Services
- Consulting
- Implementation
- Education
- Others
- Hardware
- Software
- Delivery Type Outlook (Revenue, USD Million, 2016 – 2027)
- Web-based/Cloud-based
- On-premise
Regional Analysis and Forecast
Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope:
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- Italy
- France
- Rest of EU
- Asia Pacific
- China
- India
- Japan
- Southeast Asia
- Rest of APAC
- Central & South America
- Brazil
- Argentina
- Rest of Central & South America
- Middle East and Africa
- UAE
- Saudi Arabia
- Rest of MEA
Important years considered for this report:
Historical Years: 2017-2021
Base Year: 2021
Forecast Period: 2021-2027
Impact of COVID-19 on the Healthcare Industry
The COVID-19 pandemic has caused severe impacts on the global economy at various levels and which can be seen on the Healthcare industry as well. The thriving market of health care research and development is expected to exhibit a steep decline in the sales during the lockdown period owing to the shutdown of the manufacturing units, acute shortage in the supply of raw materials and absence of potential manpower. It can be deduced from the current situations brought about by the pandemic that the production, and supply chain activities have experienced minor hurdles. However, the market is projected to gradually recover post-COVID-19, which will present attractive opportunities for sales across various regions of the world in the following years.
Nova one advisor adopted a multidisciplinary approach during the pandemic-era to focus on the growth and development of the Patient Engagement Solutions Market. The study features insights on the current growth dynamics and the major revenue reforms prevailing in the market as along with the key takeaways over the forecast.
The team of analysts at Nova one advisor are focussing on research and market study to produce different Patient Engagement Solutions Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Patient Engagement Solutions Market.
Key Questions Covered in the Report
- What is the impact of Covid-19 on the Patient Engagement Solutions Market?
- What is the CAGR of this market during the forecast period 2021 to 2027?
- How will the market expand through 2027?
- Which top manufacturing companies are leading this market?
- What are the key drivers and trends that will stimulate Patient Engagement Solutions sales?
- What are the challenges that will affect the sales of this market?
- Which region will remain the most lucrative during the forecast period?
Reasons to Purchase this Report:
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
Table of Contents
Global Patient Engagement Solutions Market Research Report 2021 – 2027
Chapter 1 Patient Engagement Solutions Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Patient Engagement Solutions Market Forecast
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