Patient Engagement Solutions Market Will Generate New Growth Opportunities by 2024

Our latest research report entitled Patient Engagement Solutions Market (by deployment mode (premise, cloud, and web-based), component (hardware, software, and services), end-users (hospitals & providers, healthcare payers, and pharmaceutical companies)) provides complete and deep insights into the market dynamics and growth of Patient Engagement Solutions. Latest information on market risks, industry chain structure Patient Engagement Solutions cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential Patient Engagement Solutions growth factors.

The forecast Patient Engagement Solutions Market information is based on the present market situation, growth opportunities, development factors, and opinion of the industry experts. An in-depth analysis of the company profiles, Patient Engagement Solutions on global and regional level and applications is conducted. The analysis of downstream buyers, sales channel, raw materials, and industry verticals is offered in this report. According to the report, the global patient engagement solutions market is projected to grow at a CAGR of 23.3% over the forecast period of 2018-2024.

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Patient engagement solutions and services enable healthcare service providers to better reach and engage patients. Patient engagement system allows healthcare service providers to build loyalty and increase new patients’ visits with automated reminders, easy automatic options, and many more other services. These solutions outreach patients via text, phone, and email to remind patients of their appointments and balances as well as to bring their referral paperwork. In addition, these solutions are also used to wish patients on their birthdays. This practice not only increases patient’s satisfaction of current patients but also appeals to future patients.

Patient engagement solution offers hospital or clinics with better customer retention competence at the same time it helps them to treat patients in the most effective way possible. Furthermore growing investments by healthcare IT players, rising demand for better healthcare facilities, and increasing government initiatives are the major factors driving the growth of patient engagement solutions. As the patient engagement technology runs on a conjoint platform, healthcare firms are heading towards automated processes, which provide an improved response, agility and cost efficiency. Technological advancement and access to big data in the healthcare industry are strengthening the growth of the patient engagement solutions market. However, Lack of interoperability is likely to hamper the growth of the patient engagement solutions market. Furthermore, an increase in retail insurance system is further anticipated to create several growth opportunities for the key players in the patient engagement solution market. On the other hand, to fulfill the consumer expectations many healthcare organizations are rearranging themselves in terms of service, quality, and cost.

Among the geographies, North America dominated the global patient engagement solutions market. The growth in the North American region is due to the increasing IT sector along with the increasing demand for mobile healthcare options. Moreover, National Health Services (NHS) is a publically funded system in the UK which are propelling the patient engagement solutions in the European region. The Asia Pacific is anticipated to experience the fastest growth owing to the increasing population and rising disposable income for improves healthcare solutions. China and India are anticipated to be the fastest growing markets in the Asia-Pacific region.

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Major Key Players Mentioned in this Premium Report

The report provides profiles of the companies in the global patient engagement solutions market such as Phytel, Inc., McKesson Corporation, Cerner Corporation, Athenahealth, Inc., Allscripts Healthcare Solutions, Inc., MEDecision, Inc., GetWellNetwork, Inc., YourCareUniverse, Inc., Lincor Solutions Ltd., and Orion Health Ltd.

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