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Patient Engagement Solutions Market Worth 18.68 Billion USD by 2022


News provided by

MarketsandMarkets

09 Oct, 2017, 14:30 GMT

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PUNE, India, October 9, 2017 /PRNewswire/ --

According to a new market research "Patient Engagement Solutions Market by Component (Hardware, Software, Services), Delivery mode (On-Premise, Cloud), End User (Provider, Payer), Applications (Home Health, Financial Health), Therapeutic Area - Global Forecast to 2022", published by MarketsandMarkets™, the market is expected to reach USD 18.68 Billion by 2022 from an estimated USD 8.80 Billion in 2017, at a CAGR of 16.2%. 

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Browse 86 Market Data Tables and 29 Figures spread through 177 Pages and in-depth TOC on "Patient Engagement Solutions Market"

http://www.marketsandmarkets.com/Market-Reports/patient-engagement-solutions-market-105975994.html
Early buyers will receive 10% customization on this report.

The key factors driving the growth of this market include the rise in aging population, increasing burden of chronic diseases, and focus of patients on self-managing their care has led to an increase in the adoption of patient engagement solutions globally. However, in spite of the numerous benefits certain barriers such as security of patient data and lack of interoperability are restraining the growth of this market.

By component, the software segment accounted for the largest share of the market in 2017 

On the basis of component, the Patient Engagement Solutions Market is broadly segmented into software, hardware, and services. In 2017, The software segment is estimated to account for the largest share of the global Patient Engagement Solutions Market. However, the market for the services (including services for consulting, storage, implementation of solutions, training, maintenance, and regular up gradation of technology) is expected to grow at the highest CAGR during the forecast period.

Download PDF Brochure@ http://www.marketsandmarkets.com/pdfdownload.asp?id=105975994

By delivery mode, the on-premise segment held the largest market share in 2017 

On the basis of delivery mode, the Patient Engagement Solutions Market is further classified into on-premise and cloud-based models. In 2017, the on-premise delivery mode is expected to account for the largest share of the global Patient Engagement Solutions Market. However, the cloud-based solutions market is projected to register the highest CAGR during the forecast period. The ability to access computing and storage resources swiftly when needed, without the requirement for a large technical staff, is one of the reasons that is driving the market growth of the cloud-based delivery mode.

By application, the health management segment held the largest market share in 2017 

Based on application, the Patient Engagement Solutions Market is further segmented into health management, social and behavioral management, home health management, and financial health. In 2017, the health management segment is expected to account for the largest share and is expected to register the highest CAGR during the forecast period. Providers encouraging patients to adopt these tools as it saves a lot of time for the providers as well as increase patient compliance for care is the major factor driving the growth of this segment.

Speak To Analyst: http://www.marketsandmarkets.com/speaktoanalyst.asp?id=105975994

North America dominated the market in 2017 

North America accounted for the largest share of the Patient Engagement Solutions Market in 2016, followed by Europe. Federal mandates' focus on Meaningful Use of Healthcare IT, need to curb rising healthcare cost and reduce hospital readmissions, rising number of accountable care organizations (ACO) as end users for patient engagement platforms, rising aging population in the US and Canada's efforts to enhance healthcare delivery and digital health measures in Canada will also drive market growth during the forecast period.

Factors such as growing demand for advanced healthcare solutions and efficient healthcare delivery in Germany, role of NHS in the UK, implementation of the Dossier Médical Personnel (DMP) in France, and rising number of initiatives to improve care coordination in RoE are expected to boost the adoption of patient engagement solutions in these countries.

The key players in the market include McKesson Corporation (US), Allscripts (US), IBM (US), athenahealth (US), Cerner Corporation (US), and Orion Health (New Zealand).

Browse Related Reports 

Population Health Management Market by Component (Software, Services), End User (Healthcare Providers, Healthcare Payers, Employer Groups, Government Bodies), Mode of Delivery (Web-based, Cloud-based, On-premise), Region - Global Forecast to 2021

http://www.marketsandmarkets.com/Market-Reports/population-health-management-market-263411936.html

Patient Portal Market - by Type (Standalone, and Integrated portal), by Delivery Mode (Web-Based, and Cloud- Based), & by End Users (Providers, Payers, Pharmacies, and Others) - Analysis & Global Forecast to 2020

 http://www.marketsandmarkets.com/Market-Reports/patient-portal-market-49094801.html

About MarketsandMarkets™  

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


Contact:
Mr. Rohan
MarketsandMarkets™
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com

Visit Our Blog @ http://mnmblog.org/market-research/healthcare/healthcareit

Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

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