Global Patient Engagement Solutions Market to Grow at 15.2% during 2024-2032, Augmented by COVID-19 Outbreak

May 13, 2021 | Healthcare

According to the latest report by IMARC Group, titled “Patient Engagement Solutions Market Report by Therapeutic Area (Chronic Diseases, Fitness, Women's Health, Mental Health, and Others), Application (Social Management, Health Management, Home Healthcare Management, Financial Health Management), End User (Payers, Providers, and Others), Component (Software, Services, Hardware), Delivery Type (Web-based/Cloud-based, On-premises), and Region 2024-2032,” the global patient engagement solutions market size reached US$ 35.6 Billion in 2023. Patient engagement solutions assist patients in managingtheir healthcare information and interacting with clinical professionals. They also aid in improving health outcomes, minimizing hospitalization periods, empowering patients to make informed healthcare decisions and optimizing their experience at relatively lower costs. As a result, patient engagement solutions are gaining immense popularity across the globe.

Global Patient Engagement Solutions Market Trends:

The coronavirus disease (COVID-19) outbreak and subsequently imposed lockdowns by the governing agencies of several countries have resulted in the increasing utilization of patient monitoring and cloud computing technologies worldwide. These technologies help in providing improved online services to patients and minimizing the spread of the pandemic, which represents one of the significant factors propelling the growth of the market. Moreover, the increasing adoption of mobile health platforms for providing insightful information, periodic healthcare tips, trigger-based appointments, and post-diagnosis notes is also supporting the market. Furthermore,on account of numerous technological advancements, healthcare providers are investing in the innovative cloud or web-based patient-centric engagement solutions. On account of these factors, IMARC Group expects the market to expand at a CAGR of 15.2% during the forecast period (2024-2032).

Market Summary:

  • Based on the therapeutic area, the market has been segregated into chronic diseases (obesity, diabetes, cardiovascular, and others), fitness, women’s health, mental health, and other areas.
  • On the basis of the application, the market has been divided into social management, health management, home healthcare management, and financial health management.
  • Based on the end user, the market has been classified into payers, providers, and others.
  • On the basis of the component, the market has been segmented into software, services, and hardware.
  • Based on the delivery type, the market has been bifurcated into web-based/cloud-based and on-premises.
  • Region-wise, the market has been categorized into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (the United Kingdom, Germany, France, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.
  • The competitive landscape of the market has been examined, with some of the key players being AdvancedMD (Global Payments Inc.), Allscripts Healthcare Solutions Inc., Athenahealth Inc., Cerner Corporation, EMMI Solutions LLC (Wolters Kluwer N.V.), Epic Systems Corporation, GetWellNetwork Inc., Lincor Solutions Limited, McKesson Corporation, Medecision Inc. (Health Care Service Corporation), Orion Health Ltd. and Phytel Inc. (International Business Machines Corporation).

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Therapeutic Area, Application, Component, Delivery Type, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered AdvancedMD (Global Payments Inc.), Allscripts Healthcare Solutions Inc., Athenahealth Inc., Cerner Corporation, EMMI Solutions LLC (Wolters Kluwer N.V.), Epic Systems Corporation, GetWellNetwork Inc., Lincor Solutions Limited, McKesson Corporation, Medecision Inc. (Health Care Service Corporation), Orion Health Ltd. and Phytel Inc. (International Business Machines Corporation)
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Global Patient Engagement Solutions Market to Grow at 15.2% during 2024-2032, Augmented by COVID-19 Outbreak
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