Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 6 Billion | USD 9 Billion | 7.03% | 2022 |
FrequentlyAsked Questions
Patient engagement technology is making patients well-informed about the problem and motivating them to take care of their own medications.
The global patient engagement technology market growth can be owing to favorable government initiatives in both developed and developing countries.
According to a study, the global patient engagement technology industry size was $6 billion in 2022 and is projected to reach $9 billion by the end of 2030.
The global patient engagement technology market is anticipated to record a CAGR of nearly 7.03% from 2023 to 2030.
The Asia-Pacific patient engagement technology industry is set to register the highest CAGR over the forecasting timeline owing to the large-scale presence of key players in countries such as India, China, and Japan. An increase in the patient population pool and rise in the medical service costs will prompt the growth of the industry in the region.
The global patient engagement technology market is led by players such as YourCareUniverse, Inc., Lincor Solutions Ltd., WelVU, Inc., McKesson Corporation, Phytel, Inc., PatientPoint, Medecision, Inc., Oneview Healthcare, Orion Health Ltd., and GetWellNetwork, Inc..
The patient engagement technology market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTEL analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five force analysis, and value chain analysis.
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