Patient Engagement Solutions Market Estimate ,Industry Trend Analysis And Forecast To 2026| Grand View Research, Inc
“The global patient engagement solutions market size was valued at USD 12.86 billion in 2018 and is expected to expand at a CAGR of 20.43% over the forecast period.�
The global patient engagement solutions market size is expected to reach USD 56.92 billion by 2026, according to a new report by Grand View Research Inc. It is anticipated to expand at a CAGR of 20.43% during the forecast period. The supportive government initiatives and rising usage and awareness regarding mobile healthcare services are expected to impel the growth. Rising prevalence of chronic conditions is the preliminary factor expected to boost the growth of the patient engagement solutions management market. The mortality rate of diabetic patients was over 1.0 million in 2012, as stated by the World Health Organization (WHO). This spike in the death rate of diabetic patients reflects the lack of knowledge about the causes, symptoms, and preventive measures. The present patient engagement systems aid the patients with educative information; thus, empowering them to make better healthcare decisions. The patient engagement solutions assist hospitals in providing financial solutions for effective utilization of the allocated healthcare budget. The market players actively volunteer in obtaining patient feedback regarding the existent solutions to develop better patient engagement plat forms with enhanced quality. Such factors are projected to bode well for market expansion in the forthcoming years. Moreover, favorable government initiatives and funding efforts undertaken to promote the incorporation of patient engagement solutions in the healthcare sector are anticipated to boost the market growth. For instance, in 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 improve the workflow and quality of treatment delivery.
Browse Details of Report @ www.grandviewresearch.com/industry-analysis/patient-engagement-solutionsmarket
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