Product Overview

A core aspect of mobile health technology is patient interaction solutions. During regular examinations and when concerns occur, healthcare providers engage with patients. Patient engagement tools provide regular patient wellbeing and compliance tracking, with real-time reporting to physicians and rapid patient reviews. This may potentially lead to fewer visits to the office, operations, and hospitalization.

Market Highlights

Patient Engagement Solutions Market is expected to project a notable CAGR of 10.3% in 2030.

Patient Engagement Solutions Market to surpass USD 21.6 billion by 2030 from USD 10.3 billion in 2019 at a CAGR of 10.3% throughout the forecast period, i.e., 2020-30. The main factors driving the market growth are enhanced healthcare infrastructure, increased use of mobile health applications, and increased demand for wearable health technology. Besides, some of the other driving factors affecting the market growth are government regulations that encourage patient-centric care, the introduction of value-based services, and the rising use of patient engagement solutions in the geriatric population.

Patient Engagement Solutions Market: Segments

Services segment to grow with the highest CAGR during 2020-30

Patient Engagement Solutions Market is segmented by Component as Hardware, Software, and Services. Based on component software segment is the largest segment of the market for Patient Engagement Solutions in 2019. The software for patient interaction applications is used in different fields, such as hospital management and home health management. Services are one of the main factors in the productive operation of strategies for patient interaction. It helps to utilize refined on-premise or cloud analytics, allowing interventions that can use live training methods to be predicted and activated. This assists in providing patients with customized education that can help push their adoption.

Cloud-Based Segment to grow with the highest CAGR during 2020-30

Patient Engagement Solutions Market is segmented by Delivery Mode into Premise and Cloud. The delivery mode web/cloud-based segment led the market and accounted for an XX.X% revenue share in 2019 as companies are investing in web/cloud-based patient engagement solutions. Owing to remote access to real-time data monitoring, integrated functionality, simple accessibility, low handling costs, and easy data backup, the adoption of these portals is growing significantly. On-premise systems protect patient data, fast data retrieval, and ease of access. The propensity towards on-site facilities is mainly due to full access to information inside the premises.

Patient Engagement Solutions Market: Market Dynamics

Drivers

Growing Popularity Among the Aging Population

Geriatric population is the largest consumer of healthcare solutions, and market growth is positively influenced by their growing participation in healthcare decision-making and wellness activities through the adoption of patient engagement solutions. Besides, the increased prevalence of chronic diseases and the government's efforts to raise awareness of interaction solutions have further enabled this market to expand during the forestry period. The market has been attracting investors because of these reasons, which is further helping this market to expand.

Rising Trend of Mobile Health Application

Factors such as government policies and incentive programs supporting patient-centric care would drive the growth of the market for patient engagement solutions. Smartphone penetration and 3G and 4G spectrums have increased mobile network capabilities to meet healthcare facilities, fostering business growth. Besides, the introduction of value-based services continues to drive business growth with better health outcomes, reduced healthcare costs, and higher patient satisfaction levels.

Restrain

Protection of Patient Information

Concerns regarding the protection of patient health data build obstacles to the transfer of this data between different stakeholders in the healthcare industry. This, in fact, impacts patient engagement initiatives in different healthcare institutions and restricts the acceptance of strategies for patient engagement by future end-users.

Patient Engagement Solutions Market: Key Players

GetWellNetwork, Inc

Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, and SWOT Analysis.

Lincor

Oneview Ltd

Orion Health group of companies

McKesson Corporation

Cerner Corporation

Allscripts

IBM

WelVU

Elsevier

Patient Engagement Solutions Market: Regions

The Patient Engagement Solutions Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC, and MENA.

The Patient Engagement Solutions Market in North America held the largest market share of XX.X% in the year 2019 due to increased acceptance of health and electronic health records (EHR) and the investment by major corporations in software applications for patient interaction. Besides, the growing level of awareness, coupled with government spending on healthcare, is expected to drive growth in the sector. It is expected that the wider acceptance of emerging technologies among the population would drive regional market growth. During the forecast period, the Asia Pacific market is expected to experience lucrative growth. It is expected that the need to implement new systems and the replacement and expansion of medical facilities would drive the market.

Competitive Landscape:

Patient Engagement Solutions market, which is highly competitive, consists of several major players such as McKesson Corporation (US), Allscripts (US), IBM (US), AdvancedMD (US) hold a substantial market share in the Patient Engagement Solutions market. Other players analyzed in this report are Cerner Corporation (US), Epic Systems Corporation (US) among others.

The market competition has been stepped up by the availability of many players offering Patient Engagement Solutions. In 2020, Get Real Health launched Talk With Your Doc, a telehealth solution that enables providers to manage their revenue-generating healthcare services and enables patient-provider relationships, especially during the COVID-19 pandemic.

Patient Engagement Solutions Market is further segmented by region into:

North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada

Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America

Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe

APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC

MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA

Patient Engagement Solutions Market report also contains analysis on:

Patient Engagement Solutions Market Segments:

By Component:

Hardware

Software

Services

By Delivery Mode:

On Premise

Cloud Based

By Application:

Health Management

Home Health Management

Social and Behavioral Management

Financial Health Management

By Application:

Providers

Payers

Patients

Other

Patient Engagement Solutions Market Dynamics

Patient Engagement Solutions Market Size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies Involved in the Market

Value Chain of the Market

Market Drivers and Restraints

FAQs on Patient Engagement Solutions Market

Which segment is anticipated to hold the largest market share

At what CAGR is the market anticipated to grow between 2020 and 2030

Who are the key players in the Patient Engagement Solutions Market

What could be the challenging factors in the growth of Patient Engagement Solutions Market

What are the growth drivers for the Patient Engagement Solutions Market

Contents

1. Executive Summary

2. Patient Engagement Solutions Market

2.1. Product Overview

2.2. Market Definition

2.3. Segmentation

2.4. Assumptions and Acronyms

3. Research Methodology

3.1. Research Objectives

3.2. Primary Research

3.3. Secondary Research

3.4. Forecast Model

3.5. Market Size Estimation

4. Average Pricing Analysis

5. Macro-Economic Indicators

6. Market Dynamics

6.1. Growth Drivers

6.2. Restraints

6.3. Opportunity

6.4. Trends

7. Correlation & Regression Analysis

7.1. Correlation Matrix

7.2. Regression Matrix

8. Recent Development, Policies & Regulatory Landscape

9. Risk Analysis

9.1. Demand Risk Analysis

9.2. Supply Risk Analysis

10. Patient Engagement Solutions Analysis

10.1. Porters Five Forces

10.1.1. Threat of New Entrants

10.1.2. Bargaining Power of Suppliers

10.1.3. Threat of Substitutes

10.1.4. Rivalry

10.2. PEST Analysis

10.2.1. Political

10.2.2. Economic

10.2.3. Social

10.2.4. Technological

11. Patient Engagement Solutions Market

11.1. Market Size & forecast, 2019A-2030F

11.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.1.2. By Volume (Million Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12. Patient Engagement Solutions: Market Segmentation

12.1. By Regions

12.1.1. North America:

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.2. Europe:

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.3. Asia-Pacific:

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.4. MEA:

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.5. Latin America:

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2. By Component: Market Share (2020-2030F)

12.2.1. Hardware, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2.2. Software, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2.2. Services, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3 By Delivery Mode: Market Share (2020-2030F)

12.3.1. On Premise, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.2. Cloud Based, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.4 By Application: Market Share (2020-2030F)

12.4.1. Health Management, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.4.2. Home Health Management, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.4.3. Social and Behavioral Management, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.4.4. Financial Health Management, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

13. Company Profile

13.1.1. GetWellNetwork, Inc

13.1.2. Company Overview

13.1.3. Company Total Revenue (Financials)

13.1.4. Market Potential

13.1.5. Global Presence

13.1.6. Key Performance Indicators

13.1.7. SWOT Analysis

13.1.8. Product Launch

13.2. Lincor

13.3. Oneview Ltd

13.4. Orion Health group of companies

13.5. McKesson Corporation

13.6. Cerner Corporation

13.7. Allscripts

13.8. IBM

13.9. WelVU

13.10. Elsevier

14 Consultant Recommendation

**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

Methodology/Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)