North America Patient Engagement Solutions Market
North America Patient Engagement Solutions Market is expected to reach USD XX Bn by 2027 from USD XX Bn in 2019 at a CAGR of XX% during the forecast period.
The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
North America Patient Engagement Solutions MarketNorth America Patient Engagement Solutions Market Dynamics:
Patient Engagement Solution refers to an ideal healthcare situation where people are made well-informed regarding their own medical care. Patients are motivated to discuss and actively participate in possible treatment, medication as well as recuperation options. These discussions and involvement of the patient in their healthcare choices further give providers various ways of informing and engaging patients.
North America Patient Engagement Solutions Market Segment Analysis:
The Patient Engagement Solutions Market in North America based on components has been segmented into hardware, software, and services. Services formed the largest segment with more patients getting directly involved with their medical treatments and diagnosis. Increased knowledge, as well as understanding among patients, helps them to actively participate in matters related to their own health. This has been a major factor to drive the services segment especially with better healthcare choices for patients leading to improved care. By collaborating and engaging patients in the decision-making process, healthcare providers build trusted relationships with patients so as to make them stay loyal to a particular organization and its services.
Based on the delivery mode, the market has been further segmented into cloud-based, web-based, and on-premise. The cloud-based segment will form one of the largest markets for patient engagement solutions with more people opting for quick information access regarding health issues as well as get a third opinion from other resources. Affordability and flexibility of services have been a few other factors to propel the growth of the cloud-based services inpatient engagement solution market.
On the basis of application, the market has been classified into health management, home healthcare management, financial health management, and social & behavioral management. Healthcare management solutions have held the largest share with home healthcare management monitoring one of the fastest growths among other application solutions. Growing awareness about health-related issues along with real-time availability of information for better diagnosis of diseases have been a few key factors that have led to the high growth of healthcare management solutions in North America.
North America Patient Engagement Solutions Market Regional Insights:
Geographically, the market for patient engagement solutions in North America has been bifurcated into U.S. and Canada. Leading pharmaceutical companies in the US are focusing on the digitalization of healthcare services for enhancing brand loyalty as well as market presence. Patients are now getting actively involved in the healthcare services to participate in their treatment process further helping medical companies to have a better diagnosis of diseases. Patient engagement solutions are growing at a high rate and are further expected to provide more opportunities in terms of development in the future as well.
Patient Engagement Solutions Market Key Highlights:
• North America Patient Engagement Solutions market size analysis and forecast
• Comprehensive study and analysis of market drivers, restraints, and opportunities influencing the growth of the North America Patient Engagement Solutions market
• Patient Engagement Solutions market segmentation on the basis of a component, therapeutic area, delivery mode, application, end-use and geography (regional)
• Patient Engagement Solutions market strategic analysis with respect to individual growth trends, future prospects along with a contribution of various sub-market stakeholders have been considered under the scope of a study
• Patient Engagement Solutions market analysis and forecast for major countries have been provided.
• Profiling of key industry players, their strategic perspective, market positioning, and analysis of core competencies
• Competitive landscape of the key players operating in the Patient Engagement Solutions market including competitive developments, investments, and strategic expansion
Patient Engagement Solutions Market Research Methodology:
The market is estimated by triangulation of data points obtained from various sources and feeding them into a simulation model created individually for each market. The data points are obtained from paid and unpaid sources along with paid primary interviews with key opinion leaders (KOLs) in the market. KOLs from both, demand and supply sides were considered while conducting interviews to get an unbiased idea of the market. This exercise was done at a country level to get a fair idea of the market in countries considered for this study. Later this country-specific data was accumulated to come up with regional numbers and then arrive at the market value for North America Patient Engagement Solutions market.
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Patient Engagement Solutions Market Key Target Audience:
• Healthcare insurance companies/payers
• Healthcare IT service providers
• Healthcare institutions/providers (hospitals, medical groups, physician practices, diagnostic centers, pharmacies, ambulatory centers, and outpatient clinics)
• Accountable care organizations
• Corporate healthcare entities
• Government agencies
• Market research and consulting firms
• Venture capitalists
Scope of the Patient Engagement Solutions Market Report:
Patient Engagement Solutions Market, By Component:
• Software
• Standalone
• Integrated
• Hardware
• Services
• Consulting
• Implementation
• Education
• Others
Patient Engagement Solutions Market, By Delivery Mode:
• On-premise
• Web-based
• Cloud-based
Patient Engagement Solutions Market, By Therapeutic Area:
• Chronic Diseases
• Obesity
• Diabetes
• Cardiovascular Disease
• Fitness Management
• Women’s Health Management
• Mental Health Management
• Others
Patient Engagement Solutions Market, By Application:
• Health Management
• Home Healthcare Management
• Financial Health Management
• Social and Behavioral Management
Patient Engagement Solutions Market, By End-Use:
• Providers
• Payers
• Individual Users
• Others
Patient Engagement Solutions Market, By Geography:
• North America
• US
• Canada
Patient Engagement Solutions Market, Geographic Analysis
• Breakdown of US Patient Engagement Solutions market
• Breakdown of Canada Patient Engagement Solutions market
Key Players Operating in the North America Patient Engagement Solutions Market:
• Mckesson
• IBM
• Wellframe
• Getwellnetwork
• Allscripts
• Athenahealth
• Cerner Corporation
• Envera Health
• Welvu
• Telehealth Services
• AbleTo
• Abbvie
• Elli Lily
• Amgen
• Human Care Systems
• Lincor Inc.
• Get Real Health
• Orion Health
• Oneview Healthcare
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