US Patient Engagement Solutions Market

US Patient Engagement Solutions Market Size, Share, Growth Analysis, By Delivery Type(Web-based, Cloud-based), By Component(Software, Hardware), By End User(Providers, Payers) - Industry Forecast 2024-2031

Report ID: SQMIC45B2116 | Region: Country | Published Date: February, 2024
Pages: 278 | Tables: 90 | Figures: 76

US Patient Engagement Solutions Market News

  • In March 2022, Tryl has been purchased by YPrime, LLC, a US-based provider of cloud-based eClinical solutions, for an unknown sum. With the market shifting toward decentralised clinical trial models, YPrime will seek to create the first solution in the sector to assist patients in staying more informed and involved throughout the clinical trial process.
  • In February 2022, with the help of behavioural AI, UST, a US-based provider of digital transformation solutions, and Well-Beat, an Israeli start-up, gave healthcare a human touch. Together, they created a SaaS platform for digital patient engagement that uses patient data from brief questionnaires, medical records, and connected devices to provide individualised patient experiences and intelligent interventions.
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US Patient Engagement Solutions Market size was valued at USD 5.09 billion in 2019 and is poised to grow from USD 5.87 billion in 2023 to USD 17.64 billion by 2031, growing at a CAGR of 15.28% in the forecast period (2024-2031).

The existence of several international players defines the market. To increase their market share, businesses use a variety of techniques, including partnerships, agreements, regional growth, mergers, acquisitions, and new product creation. In our US Patient Engagement Solutions market reports, some of the leading quality US Patient Engagement Solutions manufacturers are as follows: IBM (US), McKesson Corporation (US), Allscripts (US), Cerner Corporation (US), Epic Systems Corporation (US), GetWellNetwork (US), athenahealth (US), MEDITECH (US), IQVIA (US), Get Real Health (US), Cognizant (US), Symphony Care (US), Harris Healthcare (US), Kareo (US), CureMD Healthcare (US), eClinicalWorks (US), Lincor Solutions (US), AdvancedMD (US), WellStack(US), IQVIA (US), Vivify Health (US), Medhost (US), Validic (US) MEDISYSINC (US),  Patient point LLC (US) 'Allscripts', 'athenahealth', 'CareCloud', 'Cerner Corporation', 'CipherHealth', 'Docent Health', 'Epic Systems Corporation', 'GetWellNetwork', 'HealthLoop', 'Luma Health', 'Medallia', 'Medfusion', 'Meditech', 'NextGen Healthcare', 'NRC Health', 'Phreesia', 'Practo', 'Press Ganey', 'Qventus', 'Solutionreach'

The CARES Act also gives Medicare more leeway to cover telehealth services, permits physician assistants, nurse practitioners, and certified nurse specialists to be certified by Medicare for home health services, and raises Medicare payments for hospital stays connected to COVID-19 and durable medical equipment. The demand for and acceptance of patient engagement solutions in important areas around the world are anticipated to expand as a result of such initiatives and legislation.

The adoption of mHealth by both consumers and providers has accelerated due to the rising number of smartphone users worldwide. Due to their ease of installation on smartphones, healthcare apps are growing in popularity with consumers. Patients are becoming more confident in mHealth apps since they can connect to wearable technology to help users maintain their health.

In terms of geography, North America dominates the market for patient engagement solutions. This is ascribed to a rise in the availability of high-quality healthcare services, as well as to more extensive legislative changes and innovative incentive-based payment systems.

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