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Patient Engagement Solutions Market Cost Structure & Demand Till 2026

The study segments the Patient Engagement Solutions industry in light of major classification such as product type, potential markets, application, and end-user.

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Patient Engagement Solutions Market Cost Structure & Demand Till 2026

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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. Healthcare technologies are becoming more patient-oriented owing to different requirements from different patients. Traditionally, key patient engagement technologies have included patient portals or secure messaging tools. The growth of the patient engagement solutions market is mainly due to the growing awareness of mobile health and the increasing geriatric population. In addition, an increase in healthcare spending and favorable legislations are expected to contribute to the patient engagement solution market growth. 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. www.reportsanddata.com

  3. 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 • Dearth of skilled it professionals in the healthcare industry is likely to hinder the patient engagement solutions market growth during the forecast period

  4. Market Summary Key Players: Allscripts Healthcare Solutions Inc., Lincor Solutions Ltd., Phytel Inc., Orion Health Ltd., McKesson Corporation, Cerner Corporation, Medecision Inc., and Athena Health Inc., YourCareUniverse Inc. Segmentation: This report forecasts revenue growth at a global, regional & country level, and provides an analysis of the market trends in each of the sub-segments from 2016 to 2026. For the purpose of this study, Reports and Data have segmented the Patient Engagement Solutions market on the basis of Component type, Delivery Mode type, Therapeutic Area type, end use, and region Component Type (Revenue, USD Million; 2016–2026) •Hardware •Software •Services Delivery Mode Type (Revenue, USD Million; 2016–2026) •Web based •Cloud based •On premise To look at the PDF Sample Report and get 30 minutes of a free consultation @ https://www.reportsanddata.com/sample-enquiry-form/2228 www.reportsanddata.com

  5. Market Summary Therapeutic Area Type (Revenue, USD Million; 2016–2026) •Chronic diseases •Fitness •Women's Health •Mental Health •Others 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) Grab Your Report at an Impressive Discount! Please Click Here : https://www.reportsanddata.com/make-enquiry-form/2228 www.reportsanddata.com

  6. The report emphasizes the following key questions: Q.1.What are the most lucrative and promising growth prospects for the market? Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? Q.3.Which geographies are estimated to exhibit the highest growth and the underlying causes? Q.4.Which factors are impacting the future of the market and what are the driving factors? Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast period? www.reportsanddata.com

  7. 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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