The North American patient engagement solutions market growth thrives on the surging use of mobile health solutions, increasing implementation of value-based systems by healthcare providers to reduce their burden, rising number of government initiatives promoting patient-centric care, mounting burden of chronic diseases, and booming aging population in the U.S. and Canada. Additionally, the implementation of stringent government regulations on patient-centric care and the widescale adoption of cloud-based systems in the healthcare sector will also drive the demand for patient engagement solutions in the region.
In the recent past, the software category held the largest share in the patient engagement solutions industry in North America, within the component segment. This is credited to the presence of leading healthcare technology providers, the high prevalence of chronic disorders, and the massive government support toward the adoption of patient engagement solutions in the region. Whereas, the services category is expected to exhibit the fastest growth in the forthcoming years, due to the increasing number of government initiatives supporting the adoption of patient engagement solutions.
According to P&S Intelligence, the U.S. accounted for a larger share in the North American patient engagement solutions market in the last few years, owing to the growing prevalence of chronic diseases, the soaring number of healthcare IT solution providers, and the increasing elderly population in the country. In addition, the presence of advanced healthcare infrastructure and the existence of developed public and private medical reimbursement structure also contribute to the market growth in the nation.
Whereas, the Canadian patient engagement solutions market in North America is expected to register faster growth in the upcoming years. This will be on account of the rapid adoption of HIT and soaring government support for e-Health solutions. The Government of Canada is encouraging the use of electronic health records and telehealth in the healthcare system to propel efficiency, innovation, and sustainability, as these e-healthcare solutions help improve access to services, productivity, patient care quality, and patient safety.
Therefore, the rising government support for electronic health solutions and the growing geriatric population will propel the demand for patient engagement solutions in North America.
Patient Engagement Solutions Market report published by Value Market Research, which studies the future outlook of the market.
It includes the size, share, growth, trends, key players, segments and regional analysis in detail during the study year 2020-2027.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the patient engagement solutions market include Allscripts Healthcare Solutions, McKesson Corporation, Orion Health Ltd., Cerner Corporation, Phytel Inc., Medecision Inc., GetWellNetwork Inc., YourCareUniverse Inc., Lincor Solutions Ltd., Athenahealth, Inc.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Patient Engagement Solutions Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/patient-engagement-solutions-market/download-sampleMarket DynamicsAn increasing number of patients in the hospitals on daily basis all over the world has led to immense pressure on doctors and other hospital staff for maintaining health records timely and precisely is the major factor in boosting the patient engagement solution market's growth.
The government's initiatives to promote patient-centric care, and implementation of regulation are the driving factors for this market's growth.
Also, the increased utilization of mobile health apps will spur the growth of the market.
