Unlocking Opportunities in the Patient Engagement Technology Market: Key Trends, Market Growth, and Forecast Insights
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Drivers Are Shaping the Growth and Development of thePatient Engagement Technology Market?
The surge in the need for remote healthcare is anticipated to fuel the expansion of the patient engagement technology market. The requirement for remote health services points towards an increasing expectation for healthcare provisions that don’t require physical visits to medical facilities. Remote healthcare facilitates patients in obtaining health services from their homes, enhancing accessibility and convenience which in turn foster higher patient involvement. Patients are likely to be more actively involved in their healthcare when it is easily accessible. For example, in February 2023, a study by Rock Health, a healthcare organization based in the US, showed that 80% of all respondents had utilised telemedicine at some point, an increase by eight people from 72% in 2021. Moreover, the reported use of telemedicine stood at 82%, reflecting a 9-person rise in 2021. Hence, the escalating demand for remote healthcare is propelling the patient engagement technology market’s growth.
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#What is the Projected CAGR for the Patient Engagement Technology Market Size from 2025 to 2034?
The market size of patient engagement technology has seen significant expansion in the recent past. From $7.06 billion in 2024, it is projected to rise to $7.47 billion in 2025, showcasing a compound annual growth rate (CAGR) of 5.8%. This remarkable growth during the historic period can be linked to the incorporation of government rules and initiatives that encouraged patient-focused care. Additionally, other factors such as an escalated demand for patient engagement solutions after the COVID-19 pandemic, a surge in mobile health applications, an increasing count of collaborations and partnerships in the healthcare sector, and a soaring adoption of telehealth services have also contributed to this growth.
The market for patient engagement technology is projected to experience considerable expansion in the upcoming years. The market is set to reach $9.39 billion by 2029 with a compound annual growth rate (CAGR) of 5.9%. The forecasted growth is due to factors such as a lack of skilled IT professionals, securing patient information, advancements in technology, a surge in demand for patient engagement solutions, and heightened uptake of EHR and mHealth solutions. The forecast period will also witness trends like increasing use of telehealth services, a shift towards patient-centered healthcare, a rise in collaborations and partnerships within the healthcare industry, and escalation in chronic disease prevalence.
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Which Cutting-Edge Market Trends Are Expected to Drive thePatient Engagement Technology Market’s Growth?
Leading firms in the patient engagement technology market are crafting novel technologies like ZAIDYN connected health, aiming to elevate their market profits. ZAIDYN Connected Health is an AI-driven platform created to assist pharmaceutical corporations, healthcare providers, and payers in weaving innovations in the healthcare domain. Notably, ZS Associates, an American management consulting services firm, unveiled the ZAIDYN-connected health technology in October 2023. This technology assures medication adherence, chronic illness tracking, and swift actions at the onset of complications. It also assists in monitoring patient health data remotely. This fusion of technologies aids stakeholders in the healthcare sector to spot treatment lacunae and meet unmet patient needs.
What Are the Leading Market Players Impacting thePatient Engagement Technology Market’s Growth Trend?
Major companies operating in the patient engagement technology market are Mckesson Corporation, Johnson and Johnson, The International Business Machines Corporation, Oracle Corporation, Medtronic Plc, Northwell Health, IQVIA, Cerner Corporation, Epic Systems Corporation, Palantir Technologies, Athenahealth Inc, eClinical Works LLC, Allscripts Healthcare Solutions Inc., Computer Programs and Systems Inc., Medical Information Technology Inc., Medecision Inc., PATIENTPOINT LLC, MEDHOST, Orion Health Limited, GetWellNetwork Inc., HealthHub Patient Engagement Solutions, DrChrono Inc., Luma Health Inc., Lincor Solutions Ltd., CipherHealth Inc., Phytel Inc., Oneview Healthcare Plc, SONIFI Health Incorporated., Get Real Health, WelVU Inc., Yourcareuniverse Inc.
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How Are the Key Segments of the Patient Engagement Technology Market Driving Opportunities and Innovations?
The patient engagement technology market covered in this report is segmented –
1) By Type: Hardware, Software, Services
2) By Delivery Mode: Web-Based And Cloud-Based, On-Premise
3) By Application: Health Management, Social Management, Home Healthcare Management, Financial Health Management
4) By End User: Providers, Payers, Patients
Subsegments:
1) By Hardware: Patient Kiosks, Wearable Devices, Tablets And Mobile Devices, Telehealth Equipment
2) By Software: Patient Portal Software, Mobile Health Applications, Communication And Messaging Platforms, Telemedicine Software, Analytics Tools
3) By Services: Consulting Services, Implementation Services, Training And Support Services, Engagement Strategy Development
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What Regions Are At the Forefront of #What Drivers Are Shaping the Growth and Development of thePatient Engagement Technology Market?# Market Expansion?
North America was the largest region in the patent engagement technology market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the patient engagement technology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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