Global Patient Engagement Solutions Market Poised for Impressive Double-Digit Growth by 2030, Reports Fairfield Market Research
Fairfield Market Research, a leading market research firm, has released a comprehensive report analyzing the global patient engagement solutions market. The report offers valuable insights into the market's driving forces and future growth prospects. In 2022, the market experienced moderate growth, reaching approximately US$15 billion in value. However, according to Fairfield Market Research's preliminary study, the market is expected to exhibit a robust double-digit compound annual growth rate (CAGR) in the coming years.
For more information, please refer to the full report: https://www.fairfieldmarketresearch.com/report/patient-engagement-solution-market
One of the key drivers fueling market growth is the rising demand for tracking health status. With the increasing prevalence of health disorders worldwide, there has been a significant uptake in healthtracking practices. Technological advancements in the medical field now allow remote monitoring of patients' health, providing personalized care and efficient health monitoring for individuals with chronic diseases. This trend has led to the development of wearable devices that track and monitor various health parameters. For instance, Apple's recent release of the Apple Watch Series 7 features an array of health tracking applications, such as an ECG and blood oxygen sensor. Consequently, the adoption of health-tracking software is expected to contribute to the growth of the patient engagement solutions market.
Furthermore, the positive outcomes achieved through remote monitoring have propelled market growth. The emergence of internet technology enables continuous communication between physicians and patients, leading to improved diagnosis accuracy and timely treatment. Patient engagement solutions facilitate effective patient engagement and management within healthcare facilities, thereby
enhancing patient outcomes. With the increasing prevalence of chronic diseases, the need for tracking vital signs becomes paramount, further driving the demand for patient engagement solutions. Additionally, these solutions enable patients to directly access physicians for health-related consultations, reducing waiting times and improving overall patient experience. Remote patient monitoring has also gained significant traction, resulting in reduced hospital stays and a lower risk of hospital-acquired infections, further bolstering the market's growth prospects.
In terms of delivery, web- and cloud-based patient engagement solutions are anticipated to dominate the market. These solutions offer real-time access, health data tracking, easy accessibility, data backup, and reduced handling costs, driving their adoption among healthcare providers.
Key players in the patient engagement solutions market include Allscripts Healthcare Solutions Inc., Cerner Corporation, IBM, Athenahealth Inc., McKesson Corporation, and Orion Health.
Read More: https://www.fairfieldmarketresearch.com/
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