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Patient Engagement Solutions Market

Patient Engagement Solutions Market Size, Share & Trends Analysis Report By Deployment Option (Cloud-based Solutions, On-Premise Solutions, and Web-based Solutions), By Type of Solution Offered, By Application Area, By End-User, Region, And Segment Forecasts, 2024-2031

Report ID : 1910 | Published : 2024-02-13 | Pages: 180 | Format: PDF/EXCEL

The Patient Engagement Solutions Market Size is valued at USD 12.19 Bn in 2023 and is predicted to reach USD 42.43 Bn by the year 2031 at a 17.18% CAGR during the forecast period for 2024-2031.

Key Industry Insights & Findings from the Report:

  • The influence in achieving better patient care, easy self-monitoring, quick results, early diagnosis, and fast treatment are reasons for the market's growth.
  • The increasing number of chronic illnesses and ailments is expected to drive industry growth.
  • North America dominated the market and accounted for a revenue share of global revenue in 2023.
  • One of the significant concerns restraining industry growth is the high placement costs of healthcare IT systems and lack of technology penetration.

patient engagement

The patient engagement solutions facilitate communication between patients and healthcare providers, help patients manage their medical records, provide educational resources, and improve the patient-doctor relationship. Healthcare professionals use wearables, educational resources, mobile apps, and other technologies to interact with patients. Additionally, these solutions allow patients to quickly seek medical care and monitor vital signs in real time for healthcare decisions.

The growing advantages and applications of patient engagement solutions have increased the interest of market players, resulting in a strong spur in investment activity in this sector in order to strengthen their patient engagement solution portfolio. For instance, in August 2022, Athenahealth added an automated patient engagement feature to help with medication adherence. The new release of the athenaOne EHR and practice management suite includes DrFirst's RxInform automated patient messaging to help patients follow prescribed treatment plans.

The market for patient engagement solutions is expanding significantly due to the high prevalence of chronic diseases, increasing government initiatives to support IT growth in healthcare, and the fast adoption of cloud-based technologies by healthcare services. However, security concerns and the lack of awareness of patient engagement solutions among people restrain the market growth. 

Key Developments In The Market:

  • In May 2023, Athenahealth, Inc. announced that LCH Health and Community Services had implemented athenaOne, athenahealth’s integrated, cloud-based electronic health record (EHR), medical billing, and patient engagement solution, and athenaOne Dental, to provide a more unified experience for its patients & providers and to support the nonprofit’s growth strategy.
  • In May 2023, MediBuddy collaborated with Indel Money Limited to provide Indel Money Gold customers with access to various healthcare services, including unlimited General Physician consultation, health check-ups, and lab benefits up to Rs. 1000, and free delivery of medicines. 

Competitive Landscape:

Some of the Patient Engagement Solutions Market Players are:

  • AdvancedMD
  • Allscripts Healthcare Solutions
  • athenahealth, Inc.
  • Boston Scientific Corporation
  • Cerner Corporation
  • Cisco Systems, Inc.
  • Cognizant
  • Coviu
  • CPSI
  • CureMD Healthcare
  • eClinicalWorks
  • Epic Systems Corporation
  • GE Healthcare
  • Get Real Health
  • GetWellNetwork Inc.
  • Harris Healthcare
  • Health Catalyst
  • IBM Corporation
  • IQVIA
  • Kareo
  • Klara Technologies, Inc.
  • Koninklijke Philips N.V.
  • Lincor Solutions Ltd.
  • McKesson Corporation
  • Medecision Inc.
  • Medhost
  • MediBuddy
  • Medisysinc.Com
  • Meditech
  • Medtronic
  • Microsoft
  • Mocero Health
  • NextGen Healthcare, Inc.
  • Nuance Communications, Inc.
  • Oneview Healthcare
  • Orion Health Ltd.
  • Patient point LLC
  • Philips
  • Physitrack
  • Phytel Inc.
  • ResMed
  • Solutionreach, Inc.
  • SolvEdge
  • Symphony Care
  • Validic
  • Veradigm (formly Allscript)
  • Vivify Health
  • Well-Beat
  • WellStack
  • Wolters Kluwer
  • YourCareUniverse Inc.

Market Segmentation:

The Patient Engagement Solutions Market is segmented based on deployment option, type of solution offered, application area, and end-user. The deployment option segment comprises cloud-based solutions, on-premise solutions, and web-based solutions. By type of solution offered, the market is segregated into appointment management solutions, electronic health record integration solutions, patient education solutions, remote patient monitoring solutions, and other solutions.

By Application Area, the market is categorized into financial health management, fitness & well-being, home health management,  research & development, and social health management. The end-user segment has been grouped into healthcare providers, individuals, payers, and other end-users.

The Cloud-Based Solution Segment Is Expected To Drive The Patient Engagement Solutions Market In The Coming Years

By deployment option, the Cloud-Based Solution segment is predicted to drive the patient engagement solutions market over the forecast period. This can be credited to the fact that the cloud is a safer platform, more flexible, and affordable, and it enables strong compliance with HIPAA regulations. Furthermore, cloud-based solutions offer low handling costs, convenient accessibility, remote real-time data tracking, and simple data backup capabilities.

The Remote Patient Monitoring Solutions And Appointment Management Solutions Segments Are Growing At The Highest Rate In The Patient Engagement Solutions Market

Remote patient monitoring is one of the most prominent applications of IoT healthcare. Patients use various connected devices to book appointments and capture relevant medical information. Patient monitoring solutions can collect data on vital signs like glucose levels, weight, mood swings, heartbeat, and sleeping patterns. This data allows providers to recognize the early signs of patients' condition and overall well-being.

Remote patient monitoring tools allow patients to communicate with their doctors at a distance, facilitating the efficient exchange of information, patient feedback, and other health-related data. For instance, in April 2023, WellSky, a leading health and community care technology company, launched a Patient Engagement Platform, 'WellSky Patient', aimed at identifying patient health risks, avoiding complications, and improving outcomes through stronger transparency and communication between patients, families, and clinical care teams.

By End-User, The Healthcare Providers Segment Witnessed Growth At A Rapid Rate

The Healthcare Providers segment ruled the global patient engagement solutions market in 2022. Due to the rising prevalence of chronic diseases, increasing use of routine care procedures, and complex healthcare decision-making. Nowadays, healthcare providers offer AI-powered chatbots that are available for 24/7 communication. This can serve as the first line of response by filtering patient calls, answering simple questions, pointing patients to valuable resources, or redirecting them to a human provider, which saves patients' prolonged call waiting time. Thus, the adoption of patient engagement solutions by healthcare providers can drive business expansion in the upcoming years.

Regionally, North America Led The Patient Engagement Solutions Market In 2022

The North American patient engagement solutions market is anticipated to have the highest market share in terms of revenue due to the presence of key players, growing investment in medical information & patient engagement software by major players, and the increasing use of digital healthcare systems. In addition, growth should accelerate with increased awareness and government spending in the health sector. Other factors include government regulations to support healthcare system modifications and increased risk of chronic and infectious diseases.  

In addition, Asia Pacific is expected to be the fastest-growing regional market in the upcoming years. Factors including the high prevalence of chronic diseases, well-established healthcare infrastructure, rising awareness levels, and government initiatives to support IT growth in healthcare contribute to the industry expansion.

Patient Engagement Solutions Market Report Scope:

Report Attribute

Specifications

Market Size Value In 2023

USD 12.19 Bn

Revenue Forecast In 2031

USD 42.43 Bn

Growth Rate CAGR

CAGR of 17.18 % from 2024 to 2031

Quantitative Units

Representation of revenue in US$ Bn and CAGR from 2024 to 2031

Historic Year

2019 to 2023

Forecast Year

2024-2031

Report Coverage

The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends

Segments Covered

By Deployment Option, By Type of Solution Offered, By Application Area, By End-User

Regional Scope

North America; Europe; Asia Pacific; Latin America; Middle East & Africa

Country Scope

U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; South East Asia; South Korea; South East Asia

Competitive Landscape

Athenahealth, Coviu, GetWellNetwork, Health Catalyst, MediBuddy, Mocero Health, Orion Health, Physitrack, SolvEdge, Veradigm (formly Allscript), Well-Beat, Wolters Kluwer, IBM, McKesson Corporation,  Allscripts, Cerner Corporation, Epic Systems Corporation, Orion Health, GetWellNetwork athenahealth, Oneview Healthcare, MEDITECH,  IQVIA, Get Real Health, Cognizant, Symphony Care, Harris Healthcare, Kareo, CureMD Healthcare, eClinicalWorks, Lincor Solutions, AdvancedMD, WellStack, IQVIA, Vivify Health, Medhost, Validic, MEDISYSINC, Patient point LLC, and Others.

Customization Scope

Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape.

Pricing and Available Payment Methods

Explore pricing alternatives that are customized to your particular study requirements.

Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions

Chapter 2. Executive Summary

Chapter 3. Global Patient Engagement Solutions Market Snapshot

Chapter 4. Global Patient Engagement Solutions Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis of Metaverse Industry
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. COVID-19 Impact on Metaverse Industry

Chapter 5. Market Segmentation 1: By Deployment Option Estimates & Trend Analysis
5.1. By Deployment Option & Market Share, 2019-2031
5.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2019 to 2031 for the following By Deployment Option:

5.2.1. Cloud-based Solution
5.2.2. On-Premises Solutions
5.2.3. Web-based Solutions

Chapter 6. Market Segmentation 2: By Type of Solution Offered Estimates & Trend Analysis
6.1. By Deployment Option & Market Share, 2019-2031
6.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2019 to 2031 for the following By Type of Solution Offered:

6.2.1. Appointment Management Solutions
6.2.2. Electronic Health Record Integration Solutions
6.2.3. Patient Education Solutions
6.2.4. Remote Patient Monitoring Solutions
6.2.5. Other Solutions

Chapter 7. Market Segmentation 3: By Application Area Estimates & Trend Analysis
7.1. By Deployment Option & Market Share, 2019-2031
7.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2019 to 2031 for the following By Application Area:

7.2.1.1. Financial Health Management
7.2.1.2. Fitness and Well-being
7.2.1.3. Home Health Management
7.2.1.4. Research and Development
7.2.1.5. Social Health Management

Chapter 8. Market Segmentation 4: By End User Estimates & Trend Analysis
8.1. By Deployment Option & Market Share, 2019-2031
8.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2019 to 2031 for the following By End User:

8.2.1.1. Healthcare Providers
8.2.1.2. Individuals
8.2.1.3. Payers
8.2.1.4. Others

Chapter 9. Patient Engagement Solutions Market Segmentation 5: Regional Estimates & Trend Analysis

9.1. North America

9.1.1. North America Patient Engagement Solutions Market revenue (US$ Million) estimates and forecasts By Deployment Option, 2024-2031
9.1.2. North America Patient Engagement Solutions Market revenue (US$ Million) estimates and forecasts By Type of Solution Offered, 2024-2031
9.1.3. North America Patient Engagement Solutions Market revenue (US$ Million) estimates and forecasts By Application Area, 2024-2031
9.1.4. North America Patient Engagement Solutions Market revenue (US$ Million) estimates and forecasts By, End User 2024-2031
9.1.5. North America Patient Engagement Solutions Market revenue (US$ Million) estimates and forecasts by country, 2024-2031

9.1.5.1. U.S.
9.1.5.2. Canada

9.2. Europe

9.2.1. Europe Patient Engagement Solutions Market revenue (US$ Million) by By Deployment Option, 2024-2031
9.2.2. Europe Patient Engagement Solutions Market revenue (US$ Million) estimates and forecasts By Type of Solution Offered, 2024-2031
9.2.3. Europe Patient Engagement Solutions Market revenue (US$ Million) estimates and forecasts By Application Area 2024-2031
9.2.4. Europe Patient Engagement Solutions Market revenue (US$ Million) estimates and forecasts By End User,2024-2031
9.2.5. Europe Patient Engagement Solutions Market revenue (US$ Million) by country, 2024-2031

9.2.5.1. Germany
9.2.5.2. Poland
9.2.5.3. France
9.2.5.4. Italy
9.2.5.5. Spain
9.2.5.6. UK
9.2.5.7. Rest of Europe

9.3. Asia Pacific

9.3.1. Asia Pacific Patient Engagement Solutions Market revenue (US$ Million) by By Deployment Option, 2024-2031
9.3.2. Asia Pacific Patient Engagement Solutions Market revenue (US$ Million) estimates and forecasts By Type of Solution Offered, 2024-2031
9.3.3. Asia Pacific Patient Engagement Solutions Market revenue (US$ Million) estimates and forecasts By Application Area, 2024-2031
9.3.4. Asia Pacific Patient Engagement Solutions Market revenue (US$ Million) estimates and forecasts By End User, 2024-2031
9.3.5. Asia Pacific Patient Engagement Solutions Market revenue (US$ Million) by country, 2024-2031

9.3.5.1. China
9.3.5.2. India
9.3.5.3. Japan
9.3.5.4. Australia
9.3.5.5. Rest of Asia Pacific


9.4. Latin America

9.4.1. Latin America Patient Engagement Solutions Market revenue (US$ Million) by By Deployment Option, 2024-2031
9.4.2. Latin America Patient Engagement Solutions Market revenue (US$ Million) estimates and forecasts By Type of Solution Offered, 2024-2031
9.4.3. Latin America Patient Engagement Solutions Market revenue (US$ Million) estimates and forecasts By Application Area, 2024-2031
9.4.4. Latin America Patient Engagement Solutions Market revenue (US$ Million) estimates and forecasts By End User, 2024-2031
9.4.5. Latin America Patient Engagement Solutions Market revenue (US$ Million) by country, (US$ Million) 2024-2031

9.4.5.1. Brazil
9.4.5.2. Rest of Latin America

9.5. Middle East & Africa

9.5.1. Middle East & Africa Patient Engagement Solutions Market revenue (US$ Million) by By Deployment Option, 2024-2031
9.5.2. Middle East & Africa Patient Engagement Solutions Market revenue (US$ Million) estimates and forecasts By Type of Solution Offered, 2024-2031
9.5.3. Middle East & Africa Patient Engagement Solutions Market revenue (US$ Million) estimates and forecasts By Application Area, 2024-2031
9.5.4. Middle East & Africa Patient Engagement Solutions Market revenue (US$ Million) estimates and forecasts By End User, 2024-2031
9.5.5. Middle East & Africa Patient Engagement Solutions Market revenue (US$ Million) by country, (US$ Million) 2024-2031

9.5.5.1. South Africa
9.5.5.2. GCC Countries
9.5.5.3. Rest of MEA

Chapter 10. Competitive Landscape

10.1. Major Mergers and Acquisitions/Strategic Alliances

10.2. Company Profiles


10.2.1. AdvancedMD
10.2.2. Allscripts Healthcare Solutions
10.2.3. athenahealth, Inc.
10.2.4. Boston Scientific Corporation
10.2.5. Cerner Corporation
10.2.6. Cisco Systems, Inc.
10.2.7. Cognizant
10.2.8. Coviu
10.2.9. CPSI
10.2.10. CureMD Healthcare
10.2.11. eClinicalWorks
10.2.12. Epic Systems Corporation
10.2.13. GE Healthcare
10.2.14. Get Real Health
10.2.15. GetWellNetwork Inc.
10.2.16. Harris Healthcare
10.2.17. Health Catalyst
10.2.18. IBM Corporation
10.2.19. IQVIA
10.2.20. Kareo
10.2.21. Klara Technologies, Inc.
10.2.22. Koninklijke Philips N.V.
10.2.23. Lincor Solutions Ltd.
10.2.24. McKesson Corporation
10.2.25. Medecision Inc.
10.2.26. Medhost
10.2.27. MediBuddy
10.2.28. Medisysinc.Com
10.2.29. Meditech
10.2.30. Medtronic
10.2.31. Microsoft
10.2.32. Mocero Health
10.2.33. NextGen Healthcare, Inc.
10.2.34. Nuance Communications, Inc.
10.2.35. Oneview Healthcare
10.2.36. Orion Health Ltd.
10.2.37. Patient point LLC
10.2.38. Philips
10.2.39. Physitrack
10.2.40. Phytel Inc.
10.2.41. ResMed
10.2.42. Solutionreach, Inc.
10.2.43. SolvEdge
10.2.44. Symphony Care
10.2.45. Validic
10.2.46. Veradigm (formly Allscript)
10.2.47. Vivify Health
10.2.48. Well-Beat
10.2.49. WellStack
10.2.50. Wolters Kluwer
10.2.51. YourCareUniverse Inc.
10.2.52. Other Prominent Players

Segmentation of Patient Engagement Solutions Market -

Patient Engagement Solutions Market By Deployment Option-

  • Cloud-based Solution
  • On-Premise Solutions
  • Web-based Solutions

patient engagement

Patient Engagement Solutions Market By Type of Solution Offered-

  • Appointment Management Solutions
  • Electronic Health Record Integration Solutions
  • Patient Education Solutions
  • Remote Patient Monitoring Solutions
  • Other Solutions

Patient Engagement Solutions Market By Application Area-

  • Financial Health Management
  • Fitness and Well-being
  • Home Health Management
  • Research and Development
  • Social Health Management

Patient Engagement Solutions Market By End-user-

  • Healthcare Providers
  • Individuals
  • Payers
  • Others

Patient Engagement Solutions Market By Region-

North America-

  • The US
  • Canada
  • Mexico

Europe-

  • Germany
  • The UK
  • France
  • Italy
  • Spain
  • Rest of Europe

Asia-Pacific-

  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific

Latin America-

  • Brazil
  • Argentina
  • Rest of Latin America

 Middle East & Africa-

  • GCC Countries
  • South Africa
  • Rest of the Middle East and Africa

 InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.

Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.

Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.

Secondary research

The secondary research sources that are typically mentioned to include, but are not limited to:

  • Company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings.
  • External and internal proprietary databases, regulatory databases, and relevant patent analysis
  • Statistical databases, National government documents, and market reports
  • Press releases, news articles, and webcasts specific to the companies operating in the market

The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista

Primary Research:

Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies

The contributors who typically take part in such a course include, but are not limited to: 

  • Industry participants: CEOs, CBO, CMO, VPs, marketing/ type managers, corporate strategy managers, and national sales managers, technical personnel, purchasing managers, resellers, and distributors.
  • Outside experts: Valuation experts, Investment bankers, research analysts specializing in specific markets
  • Key opinion leaders (KOLs) specializing in unique areas corresponding to various industry verticals
  • End-users: Vary mainly depending upon the market

Data Modeling and Analysis:

In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.

The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.

To know more about the research methodology used for this study, kindly contact us/click here.

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Frequently Asked Questions

How big is the Patient Engagement Solutions Market?

Patient Engagement Solutions Market expected to grow at a 17.18% CAGR during the forecast period for 2024-2031

Athenahealth, Coviu, GetWellNetwork, Health Catalyst, MediBuddy, Mocero Health, Orion Health, Physitrack, SolvEdge, Veradigm (formly Allscript), Other

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