The global
patient
engagement solutions market is growing considerably, due to growing
medical tourism and increasing cloud based models. During the forecast period,
the software segment is expected to report the largest share, among all the components
segments of the patient engagement solution market. Among the various delivery modes,
the web based delivery segment leads the market, as it is cost effective and
user friendly; however, the cloud based delivery segment is expected to grow with
the fastest rate during the forecasted period. Among the various applications, the
health management segment leads the global patient engagement solutions market.
Based on therapeutics area, the chronic diseases segment leads the market in
terms of size and is expected to grow with the fastest rate during the forecast
period. Among the various end users, the providers segment led the market in
2014.
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The unexplored
market in the patient engagement solution industry of the developing
economies is creating growth opportunities for the market players. Some of the major trends in the
global market are awareness among patients about the solutions, increasing
number of mergers and acquisitions, and increasing number of collaborations and
partnerships. The patient engagement solutions provide various benefits, such
as reduction in hospital readmission rates, cost reduction, improved quality of
healthcare, and increased patient outreach.
Some of the factors driving the growth of the global patient
engagement solutions market are growing
geriatric population, increasing awareness of mobile health, increasing number
of care organizations, high investment by payer and providers, and increasing prevalence
of chronic diseases. The other growth driving factors include implementation of
Affordable Care Act in the U.S., increasing demand for improved quality of
care, government incentives, and high return on investment. However, the absence
of skilled professionals, lack of access to healthcare, and high cost involved,
are some of the factors restraining growth of the global
patient
engagement solutions market. In addition, the fragmented
end user market and lack of security of patient data are also inhibiting growth
of the global market.
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Geographically,
North America is expected to dominate the global market in the coming years,
due to growing geriatric population, implementation of Affordable Care Act, and
increasing prevalence of chronic diseases. Asia is expected to be the fastest
growing region, due to growing medical tourism and increasing healthcare
awareness in the region. In addition, the Asian market of patient
engagement solutions is growing due to increasing healthcare expenditure
and increasing healthcare information technology adoption in the emerging countries,
such as India and China.
Some of the companies operating in the global patient
engagement solutions market are Mckesson Corporation, Athenahealth Inc., Medecision Inc.,
Cerner Corporation, Orion Health, Aetna Inc., Emmi Solutions LLC., Allscripts
Healthcare Solutions Inc., Getwellnetwork Inc., and Phytel Inc.
Global Patient Engagement Solutions Market Segmentation
By Component
Ø
Services
Ø
Software
Ø
Hardware
By Mode of Delivery
Ø
Web Based Delivery
Ø
Cloud Based Delivery
Ø
On-premise
By End User
Ø
Provider
Ø
Patient
Ø
Payer
Ø
Others
By Application
Ø
Home Health
Ø
Financial Health
Ø
Health Management
Ø
Social and Behavioral Management
By Therapeutic Area
Ø
Chronic Diseases
o Diabetes
o Cardiovascular
disease
o Obesity
o Other
chronic diseases
Ø
Women Health
Ø
Others
By Geography
Ø
North America
o The U.S.
o Canada
Ø
Europe
o Germany
o U.K.
o France
Ø
Asia
o Japan
o China
o India
Ø
Rest of the World
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