The Global Market For Patient Engagement Solutions To Reach Over USD 48.24 Billion By 2025

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The_Global-Market-For-Patient-Engagement-Solutions-To-Reach-Over-USD-48.24-Billion-By-2025 The Global Market For Patient Engagement Solutions To Reach Over USD 48.24 Billion By 2025Patient engagement is the process of allowing the active involvement of patients, care providers, families, and healthcare providers in self-care to advance the quality of care, improve safety, and provide patient-centric health care delivery. It integrates a patient’s knowledge, skills, ability, and willingness to manage their own care with communications designed to foster optimistic behaviors. Today, the global demand for patient-centric care is growing rapidly, as the requirement for advanced patient outcomes and improved interaction between healthcare providers and patient increases.

As per the report, the global market for patient engagement solutions is expected to reach nearly USD 48.24 billion by 2025, at a growing CAGR of 21.2 percent. Last year, the market was valued at around USD 12.62 percent. The factors that drive the market growth of patient engagement solutions include government initiatives and regulations to encourage and implement patient-centric care, increasing the esteem of patient engagement solutions among the elderly patients and the wide adoption of mobile health solutions. The global patient engagement solutions market is reportedly classified into component, application, therapeutic area, delivery mode, and end-user. On the basis of component, the market is divided into hardware, software, and services, where the software segment is sub-divided into standalone solutions and integrated solutions. On the other side, the services segment comprises consulting services, implementation services, training and education services, and others.

With patient engagement solutions, patients are able to know all the possible treatment, medication and recuperation options in addition to other facets of the healthcare system that support these choices. Healthcare providers use different technologies like wearables, mobile applications, patient portals, mobile devices, and more, to inform and engage their patients.