Patient Engagement Solutions Market Analysis: Competitive Landscape and Key Players
The global patient engagement solutions market size reached USD 13.49 Billion in 2021 and is expected to register a revenue CAGR of 10.2% during the forecast period, according to latest analysis by Emergen Research. Market revenue growth of patient engagement solutions can be attributed to increasing investments in healthcare Information Technology (IT) sector, rising incidence of chronic diseases, and increasing acceptance of patient engagement solutions in the healthcare industry.
The Global Patient Engagement Solutions Market Market Research Report added by Emergen Research to its expanding repository is an all-inclusive document containing insightful data about the Patient Engagement Solutions Market market and its key elements. The report is formulated through extensive primary and secondary research and is curated with an intent to offer the readers and businesses a competitive edge over other players in the industry.
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Effect of COVID-19 on the global market for Patient Engagement Solutions Market
The COVID-19 pandemic had a significant negative influence on the market for Patient Engagement Solutions Market in 2020, significantly decreasing its CAGR. In 2020, manufacturers and suppliers of Patient Engagement Solutions Market were significantly impacted by federal and national safety and legal orders. The majority of businesses have been impacted by the COVID-19 pandemic. Mandates for business closures, restricted municipal and state government office activities, and social conventions of distance had an impact on the production of Patient Engagement Solutions Market in 2020. Additionally, demand for Patient Engagement Solutions Market decreased across a range of end-use sectors. The pandemic epidemic also resulted in a decline in global investments in the water sector.
Patient Engagement Solutions Market market : Competitive Landscape
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The prominent players operating in the Patient Engagement Solutions Market market are profiled in-depth in the report and their strategies, collaborations, and product innovations. The analysis of the key players and their strategies to fortify their presence in the market impart a better understanding of the competitive landscape of the Patient Engagement Solutions Market market .
Cerner Corporation (Oracle), NXGN Management, LLC., Epic Systems Corporation, Allscripts Healthcare, LLC, McKesson Corporation, ResMed, Klara Technologies, Inc., Koninklijke Philips N.V., Athenahealth Inc., CPSI
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the Global Patient Engagement Solutions Market Market Research Report provides forecasts and future market projections, equipping businesses with the necessary tools to plan ahead. The report’s forward-looking approach, backed by data-driven predictions, ensures that companies can navigate the evolving market landscape with confidence. Through a combination of current market analysis and future outlook, the report serves as an invaluable resource for businesses aiming for long-term success.
Based on types, the market is segmented into
- Component Outlook (Revenue, USD Billion; 2019–2030)
- Software & Hardware
- Standalone
- Integrated
- Service
- Consulting
- Training & Implementation
- Support & Maintenance
- Others
- Software & Hardware
- Functionality Outlook (Revenue, USD Billion; 2019–2030)
- Communication
- Health Tracking & Insights
- Billing & Payments
- Administration
- Patient Education
- Others
- Delivery Mode Outlook (Revenue, USD Billion; 2019–2030)
- On-premise Solution
- Cloud-based Solution
Regional Outlook :
The growth of the Patient Engagement Solutions Market Market on a global scale is influenced by region-specific dynamics. North America and Europe lead with technological innovation and solid regulatory environments, though supply chain challenges and compliance issues are present. In the Asia-Pacific region, especially in China and India, rapid urbanization and heightened consumer demand are fueling expansion. Meanwhile, emerging markets in Latin America, the Middle East, and Africa present growth potential, driven by economic reform and investment, yet face significant obstacles in the form of political instability and underdeveloped infrastructure.
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