The Patient Engagement Solutions Market in US is being driven by Regulatory requirements and incentives
The Patient Engagement Solutions Market in US is expected to grow at a CAGR of 15.11% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 6778.6 million. The patient engagement solutions market in the US has experienced significant growth, with mobile health (mHealth) apps emerging as a major trend. These apps, designed for use on mobile devices like smartphones and tablets, aim to enhance patient engagement, streamline healthcare delivery, and improve overall health outcomes. Patients can now conveniently connect with healthcare providers through these apps, accessing features such as appointment scheduling, electronic medical records, prescription reminders, and professional communication. Furthermore, mHealth apps enable patients to monitor vital signs, manage chronic conditions, set health goals, and access educational resources, empowering them to take a more active role in their healthcare management.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
155 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 15.11% |
Market growth 2024-2028 |
USD 6778.6 million |
Market structure |
market_structure.ucfirst |
YoY growth 2023-2024(%) |
14.11 |
Key countries |
US and North America |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Patient Engagement Solutions Market in the US is driven by various initiatives towards patient-centric care. Mobile health apps, interoperability, and digital patient engagement are key elements. Skilled IT professionals are in high demand to develop patient engagement software and implement telemedicine and remote monitoring. Next-generation healthcare providers, payers, life science companies, and global economy are major contributors. AI and machine learning enable personalized care, while remote home monitoring and shared decision-making improve patient outcomes using remote patient monitoring devices and smartphone usage.
The Patient Engagement Solutions Market in the US encompasses the revenue generated from the sale of healthcare IT systems and software, mobile health applications, telehealth technologies, and digital health tools to healthcare providers. Key drivers include patient-centric care initiatives, interoperability, and the increasing role of skilled IT professionals. Factors such as the adoption of Electronic Health Records (EHRs), infrastructure development, and system upgradation also contribute to market growth. Pressure to reduce costs, necessitating IT consulting services for maintenance expenses, staff training, data migration, and system customization, further fuel market expansion.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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