Interactive Patient Care market Growth Trend & Forecast with latest research study released by Delvens evaluating the market risk side analysis, highlighting opportunities, and leveraging strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Global Interactive Patient Care market.
The global Interactive Patient Care market size is projected to reach a CAGR of 15.5% from 2023-2030.
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Patient engagement is ideally a well-established process in which healthcare providers and patients work together to improve health. This concept is used to describe everything from patient portals to social media strategies, from tracking vitals with wearables to patients actively participating in their own health and wellness. It combines a patient’s knowledge, skills, ability, and willingness to manage their own care more effectively which will help in improving health outcomes, drive better patient care, and achieve lower costs. By collaborating and engaging with patients in the decision-making process, healthcare providers can make better decisions regarding a patient’s health, improving the patient-provider relationship, and overall patient retention.
Growing technological developments, adoption of EHR and mhealth solutions, the prevalence of chronic diseases, supportive initiatives by key market stakeholders, and consumerism in healthcare are some of the key drivers of this market.
Delvens Industry Expert's Standpoint
The global interactive patient care market is expected to experience significant growth in the coming years. The increasing demand for better patient care services, the growing adoption of advanced technologies in healthcare, and the rising prevalence of chronic diseases are some of the major factors driving the growth of this market. The market is highly competitive and fragmented, with several players operating in the market. Companies are adopting various strategies such as mergers and acquisitions, partnerships, collaborations, and product launches to expand their market presence and increase their customer base.
Competitive Landscape:
Sonifi Health
Hospedia Limited
Evideon
Epic Systems Corporation
Allscripts Healthcare Solutions
McKesson Corporation
Orion Health Ltd.
Cerner Corporation
Phytel Inc.
Medecision Inc.
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North America to Dominate the Market
· North America accounted for the largest share of the global interactive patient engagement solutions market.
· Favourable government initiatives, the rising prevalence of chronic diseases, rising awareness about digital healthcare products and several key players in the interactive patient engagement solutions market-based in the US are key factors driving market growth in the region.
The Report helps to identify the opportunities in Global Regions:
· North America (the United States, Canada, and Mexico)
· Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
· Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
· South America (Brazil etc.)
· The Middle East and Africa (North Africa and GCC Countries)
Recent Developments:
· In 2021, GetWellNetwork (US) entered into a three-year agreement with Hills Health Solutions. Under the terms of this agreement, Hills will become the exclusive distributor of GetWellNetwork’s GetWell Loop and GetWell Inpatient products in Australia and New Zealand.
· In 2021, SONIFI Health (US) partnered with Pennsylvania’s Lehigh Valley Health Network (US) to implement engaging technology solutions that improve patient experiences and clinical interactions across the healthcare organization.
Reasons to Acquire
· Increase your understanding of the market for identifying the best and most suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors.
· Gain authentic and granular data access for the Interactive Patient Care market so as to understand the trends and the factors involved in changing market situations.
· Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future.
· In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns.
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In addition to the market data for the Interactive Patient Care Market, Delvens offers client-centric reports customized according to the company’s specific demand and requirement.
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