Patient Engagement Solutions Market Share, Key Trends, Emerging Opportunities, Strategies, Drivers, Outlook and Forecast to 2024

Patient Engagement Solutions Market Size, Emerging

Opportunities, Strategies, Drivers, Outlook and Forecast to

2024

The global patient engagement solutions market is expected to reach USD 39.3 billion by 2024, according to a new

report by Grand View Research, Inc. The supportive government initiatives and the rising usage and awareness of

mobile healthcare services are expected to impel the market growth.

The rising prevalence of chronic conditions is the preliminary factor that is expected to advance the market

growth. The mortality rate of diabetic patients was over 1.0 million in 2012, as stated by the WHO. This hike in the

death rate of diabetic patients reflects the lack of knowledge about the causes, symptoms, and the preventive

measures of the disease. The present patient engagement systems aid in furnishing patients with educative

information; thus, empowering them to make better healthcare decisions.

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The patient engagement solutions cater to the hospitals in providing financial solutions for effective utilization of

the allocated healthcare budget. Furthermore, the market players are actively volunteering in obtaining patient

feedback regarding the existent solutions to develop better patient engagement plat forms with enhanced quality.

Moreover, the favorable government initiatives and the funding efforts undertaken to promote the incorporation

of patient engagement solutions in the healthcare sector help in boosting the market growth. For instance, in the

U.S., under the Health Information Technology for Economic and Clinical Health (HITECH) act, the government

spends around USD 20 billion annually on hospitals for the installation of Electronic Health Records (EHRs), which is

expected to help in improving the workflow and the quality of treatment delivery.

Further key findings from the study suggest:

The web-based delivery...