Patient engagement solutions are designed to obtain improved health outcomes of patients by including advanced IT services and electronic devices in their medical regimen. These solutions engage patients in their healthcare decision-making process and this results in better and healthier healthcare outcomes. In order to deliver quality healthcare services and mitigate rising healthcare costs, patient engagement solutions are backed by hospitals and healthcare organizations along with healthcare payers. The need of patient engagement solutions is to build up the relationship between healthcare providers and patients to promote active participation toward self-care and strengthen the decision-making process individually and collectively.
Patient engagement solutions provide services such as medication/appointment reminders, lab reports, and healthcare tips. This helps patients reduce risks to their health and re-admission to the hospitals. Furthermore, these services reduce the financial pressure from healthcare payers and provide valuable medical feedback related to medicines to the pharmaceutical companies.
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Patient Engagement Solutions Market – Snapshot
Patient engagement solutions comprise various services, associated hardware, and healthcare information technology solutions. These services are utilized for engaging patients with their own health. These platforms make use of patient centric healthcare delivery system to improve health outcome and ensure value-based care, which is estimated to bolster the global patient engagement solutions market in near future.
Patient engagement solutions make an offering of a platform for better reach and engagement of patients, improved communication between healthcare providers and patients, building trust, and augmenting patient compliance through automated reminders. There has been a rise in the demand for patient centric care across the globe, which plays an important role in the expansion of the global patient engagement solutions market over the years of projection. Regulations and initiatives by governments to implement various patient-centric care and solutions together with extensive adoption of mobile health solutions is likely to widen the scope of growth for the global patient engagement solutions market in near future.
Growing Popularity of Medical Wearable is Estimated to Accelerate Market Growth
The growth of the global patient engagement solutions market is primarily influenced by the increased awareness about mobile health together with expanding geriatric population. Apart from that, there has been a rise in the spending on healthcare together with favorable legislations. This factor is expected to support the growth of the market in the upcoming years.
There has been a rise in the utilization of wearable healthcare trackers together with the increased use of mobile health applications. These applications are encouraging customers to gain access to their personal healthcare records, which is likely to drive the demand for patient engagement solutions in the years to come.
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North America Contributing the Largest Share Owing to Government Reforms
The global patient engagement solutions is spread across regions such as Europe, Asia pacific, North America, South America, and Middle East & Africa. Among these, North America is currently leading the global market owing to increasing numbers of quality healthcare services and rising governmental reforms along with changed incentive based payment methods. This region is anticipated to remain dominant during the forecast period.
Key Players of Global Patient Engagement Solutions Market:
This report profiles major players in the global Patient Engagement Solutions market based on various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments.
Some of the leading companies operating in the global patient engagement solutions are McKesson Corp, Phytel Inc., Orion Heath, Allscripts Inc., Athenahealth Inc., Axial Exchange, Medecision Inc., GetWellNetwork Inc., Cerner Corp., and Emmi Solutions LLC.
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