As stated in our extensive report; providing insights on Component, Delivery Mode, Therapeutic Area, End-User, Application, and Region; the Global Patient Engagement Solutions Market accounted for USD 16.1 Billion in 2021.
Patient Engagement is defined as, the patient who collects all the information and knows his own weaknesses, symptoms, illness, and treatment. During covid-19 all things were changed, especially in the healthcare sector. But the covid-19 pandemic has also increased the need for social distancing among doctors and patients, and because of this, the demand rises for telehealth solutions by which the people get their reports on time. And the government also put efforts to increase awareness about the engagement solutions that have further helped this market to grow in covid-19 period. Currently, the trend of using several mobile applications for different purposes has boosted the growth of this market.
Globally, governments are implementing several regulations and initiatives to encourage the adoption of patient engagement solutions. If the governments apply some rules and regulations, it will result in an increasing number of stakeholders subscribing toPatient Engagement Solutionsto increase the efficiency. For instance, a record 350 thousand teleconsultations have been registered on two consecutive days- 26th April and 27th April 2022 through the flagship telemedicine scheme of the Union Health Ministry (India)- “eSanjeevani”. This is the highest number of teleconsultations ever done at Ayushman Bharat- Health and Wellness Centres on a single day.
Safeguarding patient personal information is one of the major issues for the patients which creates obstacles to the transfer of their data between different stakeholders in the health sector. This limits personal data security which limits the market growth.
North America is expected to emerge as a potential market for Patient Engagement Solutions Market. This is owing to the increasing geriatric population coupled with the increasing prevalence of various chronic diseases as well as the presence of developing countries in the regions. Thus, offering a large base of the consumer population, ultimately increasing the need for cost-effective and quality care. Hence, driving the market growth.
Some of the key players in the Global Patient Engagement Solutions Market include McKesson Corporation, Allscripts, IBM, AdvancedMD, Cerner Corporation, Epic Systems Corporation, ResMed, Koninklijke Philips N.V., Klara Technologies Inc., CPSI, Experian Information Solutions Inc., Athenahealth Inc., Solutionreach Inc. and others.