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The North America patient engagement technology market is expected to grow from US$ 8,885.56 million in 2022 to US$ 24,698.74 million by 2028; it is estimated to grow at a CAGR of 18.6% from 2022 to 2028.
Patient engagement, encompassing tools like online portals and automated messages that facilitate communication between healthcare organizations and patients, is paramount for boosting patient satisfaction, elevating service quality, and ensuring safety. The integration of wireless technologies within hospitals empowers both patients and providers to effortlessly manage personalized health data.
For instance, the 2021 implementation of the Enhanced Recovery After Surgery (ERAS) program at university hospitals showcased the tangible benefits of patient engagement. This innovative program, detailed in a news release, led to remarkable outcomes, including shorter hospital stays, reduced opioid consumption, fewer post-surgical infections, and lower patient costs. ERAS incorporated key patient engagement strategies such as preoperative counseling to align expectations, optimized nutrition before and after surgery, minimized reliance on narcotic pain relievers post-surgery, and the encouragement of early mobility.
These patient engagement solutions offer numerous advantages, including patient empowerment through improved health literacy, streamlined appointment scheduling, enhanced adherence to medical recommendations, and increased interaction with providers via digital platforms. Patients who can access their medical records and monitor their progress become more actively involved in their own care. Consequently, the benefits associated with patient engagement systems are fueling the growth of the North America patient engagement technology market.
The continuous introduction of novel features and technologies enables vendors to attract new customers and expand their presence in emerging markets. This dynamic is projected to drive the North America patient engagement technology market at a significant Compound Annual Growth Rate (CAGR) throughout the forecast period.
North America Patient Engagement Technology: Strategic Insights
Strategic insights for the North America Patient Engagement Technology market provide a data-driven analysis of the industry's landscape, encompassing current trends, key market participants, and regional variations. These insights deliver actionable recommendations, empowering readers to differentiate themselves from competitors by pinpointing untapped market segments or crafting unique value propositions. By leveraging data analytics, these insights assist industry players – whether investors, manufacturers, or other stakeholders – in anticipating market shifts. Adopting a future-oriented perspective is crucial, enabling stakeholders to foresee market evolutions and position themselves for sustained success within this dynamic region. Ultimately, effective strategic insights equip readers to make well-informed decisions that drive profitability and achieve their business objectives within the market.
North America Patient Engagement Technology: Regional Insights
The geographic scope of the North America Patient Engagement Technology market defines the specific areas where businesses operate and compete. A deep understanding of local nuances, such as diverse consumer preferences (for example, varying demands for specific medical device features or connectivity options), differing economic conditions, and distinct regulatory frameworks, is essential for tailoring strategies to specific markets. Businesses can broaden their reach by identifying underserved areas or adapting their offerings to meet local demands. A focused market approach allows for more efficient resource allocation, targeted marketing campaigns, and improved positioning against local competitors, ultimately fostering growth within those specific regions.
North America patient engagement technology market Segments Covered
North America patient engagement technology market By Component
Services
Hardware
Software
North America patient engagement technology market By Therapeutic Area
Fitness
Chronic Diseases
Women's Health
North America patient engagement technology market By Delivery Mode
Cloud-Based and On-Premises
North America patient engagement technology market By Application
Health Management
Financial Health Management
Home Healthcare Management
North America patient engagement technology market By End User
Patients
Payers
Providers
North America patient engagement technology market Regions and Countries Covered
North America
US
Canada
Mexico
North America patient engagement technology market leaders and key company profiles
AdvancedMD, Inc.
Allscripts Healthcare, LLC
athenahealth, Inc. (Veritas Capital)
Cerner Corporation
Epic Systems Corporation
GetWellNetwork, Inc.
Lincor, Inc.
McKesson Corporation
Medecision
Orion Health Group of Companies
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About Us:
Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.
Author’s Bio:
Suryakant Gadekar
Senior Market Research Expert at Business Market Insights
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