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Patient Engagement Solutions Market 2020-2027 | Global Industry Outlook & Overview

Patient Engagement Solutions Market<br>

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Patient Engagement Solutions Market 2020-2027 | Global Industry Outlook & Overview

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  1. Patient Engagement Solutions Market To Reach USD 30.36 Billion By 2026

  2. Market Summary High prevalence of chronic diseases, increased focus of patients on self-managing care, growing medical tourism, investments in healthcare IT, favorable government legislations and awareness initiatives are the key factors contributing to a notable CAGR of Patient Engagement Solutions during forecast period. Market Size – USD 8.87 Billion in 2018, Market Growth - CAGR of 16.2%, Market Trends – Product launches and research for advanced Patient Engagement Solutions According to the current analysis of Reports and Data, the global Patient Engagement Solutions market was valued at USD 8.87 Billion in 2018 and is expected to reach USD 30.36 Billion by the year 2026, at a CAGR of 16.2 %. Patient engagement technology has become commonplace in the field of medical care due to the ubiquitous adoption of computers, smartphones, and mobile tablets by the patient.

  3. Our Approach Our Approach Market Summary The increasing use of patient engagement solutions draws the government's attention, and they are likely to implement the most favorable policies in the coming years which is expected to offer substantial growth opportunities for patient engagement market players in the anticipated years. Patient involvement is about encouraging patients in care to improve their health outcomes, improve patient care, and reduce costs. It combines the knowledge, skills, abilities, and willingness of a patient to manage their own care with communications designed to promote positive behaviors. Moreover, the growing trend of wearable healthcare trackers and mobile health applications are impelling customers to access their personal healthcare records in turn growing demand for patient engagement solutions. However, the absence of healthcare literacy and dearth of skilled healthcare professionals in emerging nations are expected to hamper the patient engagement solutions market growth to a greater extent in the future. To identify the key trends in the industry, click on the link below:https://www.reportsanddata.com/report- detail/patient-engagement-solutions-market

  4. Our Approach Our Approach Market Summary Further key findings from the report suggest • Patient Engagement Solutions market is growing at a CAGR of 4% in Asia Pacific followed by North America and Europe, with 16 % and 15.8 % CAGR, respectively. High prevalence of chronic diseases and increased focus of patients on self-care is the major factor accelerating the market growth during forecast period across all regions • As of 2018, Software is the dominating Patient Engagement Solutions which holds 48.9% of the global market. European regional market is the prominent revenue generating source for this product segment, followed by North America, Asia-Pacific, and other regions. The high growth in the region is attributed to rising chronic diseases, increasing demand for quality care, increasing geriatric population couple with rising healthcare costs and regulatory mandates by Affordable Care Act • Services is expected to be the fastest growing market segment during forecast period 2019-2026 with a CAGR of 16.8%. However, lack of interoperability is a major challenge for the market growth of this market segment • Web based Delivery Mode type segment was valued at USD 6.3 billion and is expected reach USD 21.4 billion by 2026 • Asia Pacific is expected to account for the 19.5% of the global Patient Engagement Solutions market. Developing nations such China, and India are likely to witness significant growth owing to the large patient pool, improving healthcare infrastructure, rising medical tourism and growing healthcare information technology adoption

  5. Our Approach Our Approach Market Summary Component Type (Revenue, USD Million; 2016–2026) • Hardware • Software • Services Delivery Mode Type (Revenue, USD Million; 2016–2026) • Web based • Cloud based • On premise Therapeutic Area Type (Revenue, USD Million; 2016–2026) • Chronic diseases • Fitness • Women's Health • Mental Health • Others

  6. Our Approach Our Approach Market Summary End Use (Revenue, USD Million; 2016–2026) • Payers • Providers • Individual Users By Region (Revenue, USD Million; 2016-2026) • North America • Europe • Asia Pacific • Latin America • Middle East and Africa (MEA) Order Now:https://www.reportsanddata.com/checkout-form/2228

  7. About Us Our Approach Our Approach About Us About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com

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