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Patient Engagement Market Expected to Reach $13.7B by 2019

by Jasmine Pennic 10/06/2014 Leave a Comment

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Patient Engagement Market

The global patient engagement market is estimated to grow at a CAGR of 20% from 2014 to 2019, to reach $13.7 billion by 2019, according to a new report from ReportsnReports. The shift from a volume-based to a value-based model fueled by growing demand from consumers for improved healthcare quality and greater value is forcing healthcare providers and payers to provide more patient engagement solutions.

Patient Engagement Market Segments

Based on the mode of delivery, web-based solutions accounted for the largest segment of the patient engagement solutions market in 2014. However, cloud-based solutions are the fastest-growing delivery modes. Based on end users, the providers segment accounted for the largest share. However, the providers and payers segments are expected to grow at a rapid rate in the end-user market. Based on applications, health management accounted for the largest share of the patient engagement solutions market in 2014. Chronic disease contributed to the largest share of the market, by therapeutic area and it is expected to grow at a rapid rate.

The report found the patient engagement market highly fragmented with many small and large players. Companies in this market focus on growth strategies such as client acquisitions; agreements, partnerships, collaborations; new product launches; expansions; acquisitions; marketing and promotion; and others (funding, grant, product enhancement) to increase their customer base.

Some of the major players in the market include:

– McKesson Corporation (U.S.)

– Medecision, Inc. (U.S.)

– Allscripts, Inc. (U.S.)

– Phytel Inc. (U.S.)

– Cerner Corporation (U.S.)

– Orion Health (New Zealand)

– Aetna, Inc. (U.S.)

– Athenahealth, Inc. (U.S.)

– Emmi Solutions LLC (U.S.)

– GetWellNetwork, Inc. (U.S.).

For more information on this report visit: http://www.reportsnreports.com/reports/298660-patient-engagement-solutions-market-by-component-hardware-software-services-delivery-mode-on-premise-web-cloud-by-end-user-payer-provider-patients-others-trends-global-forecasts-to-2019.html

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