North America Patient Engagement Technology Market Forecast to 2028

North America Patient Engagement Technology Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Component (Services, Hardware, and Software), Therapeutic Area (Fitness, Chronic Diseases, Women’s Health, and Others), Delivery Mode (Cloud-Based and On-Premises), Application (Health Management, Financial Health Management, Home Healthcare Management, and Others), and End User (Patients, Payers, Providers, and Others)

Report Code : BMIRE00025858 | Region : North America | Industry : Healthcare IT | Published Date : 13/Sep/2022

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 refers to anything that allows healthcare organizations to communicate with their patients, such as an online patient portal and automated messages. Patient engagement is critical in assuring patient satisfaction, increasing service quality, and ensuring safety. With the implementation of wireless technologies in hospitals, patients and healthcare providers can easily manage personalized data. For instance, in 2021, enhanced recovery after surgery (ERAS), an innovative patient engagement program, was implemented at university hospitals (UH), which yielded notable results, creating shorter hospital stays, less use of opioids, fewer post-surgical infections, and lower costs for patients, according to a news release. The program included preoperative counseling to set expectations with patients and families, optimizing preoperative and postoperative nutrition, minimizing the use of narcotic pain relievers after surgery, and promoting early mobility after surgery. Patient empowerment through enhanced health knowledge, timely appointment scheduling with doctors/caregivers, increasing adherence to recommended medical treatments, and rising interaction with providers via online tools are all advantages of these solutions. Patients who access their medical records and track their progress become more engaged in their care. Thus, benefits associated with the patient engagement system are promoting the North America patient engagement technology market growth.

With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America patient engagement technology market at a notable CAGR during the forecast period.

North America Patient Engagement Technology Market Revenue and Forecast to 2028 (US$ Million)

North America Patient Engagement Technology Market Segmentation

The North America patient engagement technology market is segmented into component, therapeutic area, delivery mode, application, end user, and country. Based on component, the North America patient engagement technology market is segmented into services, hardware, and software. Further, the software segment dominated the market in 2022. Based on therapeutic area, the North America patient engagement technology market is segmented into fitness, chronic diseases, women’s health, and others. Further, the chronic diseases segment dominated the market in 2022. Based on delivery mode, the North America patient engagement technology market is bifurcated into cloud-based and on-premises. Further, the cloud-based segment dominated the market in 2022. Based on application, the North America patient engagement technology market is categorized into health management, financial health management, home healthcare management, and others. Further, the health management segment dominated the market in 2022. Based on end user, the North America patient engagement technology market is segmented into patients, payers, providers, and others. Further, the providers segment dominated the market in 2022. Based on country, the North America patient engagement technology market is categorized into the US, Canada, and Mexico. Further, the US dominated the market in 2022.

AdvancedMD, Inc.; Allscripts Healthcare, LLC; athenahealth, Inc. (Veritas Capital); Cerner Corporation; Epic Systems Corporation; GetWellNetwork, Inc.; Lincor, Inc.; McKesson Corporation; Medecision; and Orion Health Group of Companies are among the leading companies in the North America patient engagement technology market.

At 18.6% CAGR, the North America Patient Engagement Technology Market is speculated to be worth US$ 24,698.74 million by 2028, says The Insight Partners

According to The Insight Partners’ research, the North America patient engagement technology market was valued at US$ 8,885.56 million in 2022 and is expected to reach US$ 24,698.74 million by 2028, registering an annual growth rate of 18.6% from 2022 to 2028. Growing adoption of patient-centric engagement solutions and increasing favourable government initiatives are the critical factors attributed to the market expansion.

The government in various countries is taking steps to assist in advancing information technology in healthcare. For instance, the FDA launched the Patient and Caregiver Connection program in 2018. Throughout the review and surveillance of the treatment, the program aimed to create engagement with patients, patient advocates, and caregivers. Furthermore, favorable government actions encourage the use of these solutions in emerging countries. Such initiatives will boost the overall adoption of web-based services, resulting in the growth of the patient engagement technology market.

On the contrary, shortage of skilled IT technicians hurdles the growth of North America patient engagement technology market.

Based on component, the North America patient engagement technology market is segmented into services, hardware, and software. The software segment held 47.9% market share in 2022, amassing US$ 4,252.56 million. It is projected to garner US$ 12,152.92 million by 2028 to expand at 16.2% CAGR during 2022–2028.

Based on therapeutic area, the North America patient engagement technology market is segmented into fitness, chronic diseases, women’s health, and others. The chronic diseases segment held 40.8% market share in 2022, amassing US$ 3,627.25 million. It is projected to garner US$ 9,805.55 million by 2028 to expand at 15.3% CAGR during 2022–2028.

Based on delivery mode, the North America patient engagement technology market is bifurcated into cloud-based and on-premises. The cloud-based segment held 63.2% market share in 2022, amassing US$ 5,616.91 million. It is projected to garner US$ 15,910.02 million by 2028 to expand at 16.0% CAGR during 2022–2028.

Based on application, the North America patient engagement technology market is segmented into health management, financial health management, home healthcare management, and others. The health management segment held 44.0% market share in 2022, amassing US$ 3,911.30 million. It is projected to garner US$ 11,232.23 million by 2028 to expand at 16.3% CAGR during 2022–2028.

Based on end user, the North America patient engagement technology market is segmented into patients, payers, providers, and others. The providers segment held 38.9% market share in 2022, amassing US$ 3,457.48 million. It is projected to garner US$ 9,783.08 million by 2028 to expand at 16.0% CAGR during 2022–2028.

Based on country, the North America patient engagement technology market has been categorized into the US, Canada, and Mexico. Our regional analysis states that the US captured 46.3% market share in 2022. It was assessed at US$ 4,110.84 million in 2022 and is likely to hit US$ 11,818.35 million by 2028, exhibiting a CAGR of 19.2% during the forecast period.

Key players dominating the North America patient engagement technology market are AdvancedMD, Inc.; Allscripts Healthcare, LLC; athenahealth, Inc. (Veritas Capital); Cerner Corporation; Epic Systems Corporation; GetWellNetwork, Inc.; Lincor, Inc.; McKesson Corporation; Medecision; and Orion Health Group of Companies among others.

In Dec 2020, Cerner Corporation build its existing partnership with a digital health vendor. The Corporation makes it easier for clinicians to prescribe digital health technologies to patients within the EHR. The new capabilities provide streamlined digital ordering and monitoring solutions, aiming to help health systems choose, manage, and deploy tools and applications while increasing remote monitoring and patient engagement. In Oct 2019, McKesson Corporation, expanded its collaboration with Augmedix. Augmedix turns natural doctor-patient conversation into medical charts in real time and provides doctors with hardware, to securely livestream the clinic visit to its cloud-based platform. McKesson would offer Augmedix EHR charting services to specialty practices with a mission for providers to spend less time on data entry and more time on patient care.

TABLE OF CONTENTS

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 North America Patient Engagement Technology Market – By Component

1.3.2 North America Patient Engagement Technology Market – By Therapeutic Area

1.3.3 North America Patient Engagement Technology Market – By Delivery Mode

1.3.4 North America Patient Engagement Technology Market – By Application

1.3.5 North America Patient Engagement Technology Market – By End User

1.3.6 North America Patient Engagement Technology Market – By Country

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. North America Patient Engagement Technology Market – Market Landscape

4.1 Overview

4.2 North America PEST Analysis

4.3 Experts Opinion

5. North America Patient Engagement Technology Market – Key Market Dynamics

5.1 Key Market Drivers

5.1.1 Growing Adoption of Patient-Centric Engagement Solutions

5.1.2 Increasing Favourable Government Initiatives

5.2 Market Restraints

5.2.1 Shortage of Skilled IT Technicians

5.3 Market Opportunities

5.3.1 Increasing Use of Smartphones, Tablets, and Pads in Healthcare

5.4 Future Trends

5.4.1 Strategic Developments by Market Players

5.5 Impact analysis

6. Patient Engagement Technology Market– North America Analysis

6.1 North America Patient Engagement Technology Market Revenue Forecast and Analysis

7. North America Patient Engagement Technology Market Analysis – By Component

7.1 Overview

7.2 North America Patient Engagement Technology Market Revenue Share, by Component (2022 and 2028)

7.3 Software

7.3.1 Overview

7.3.2 Software: Patient Engagement Technology Market – Revenue and Forecast to 2028 (US$ Million)

7.4 Services

7.4.1 Overview

7.4.2 Services: Patient Engagement Technology Market – Revenue and Forecast to 2028 (US$ Million)

7.5 Hardware

7.5.1 Overview

7.5.2 Hardware: Patient Engagement Technology Market – Revenue and Forecast to 2028 (US$ Million)

8. North America Patient Engagement Technology Market Analysis – By Therapeutic Area

8.1 Overview

8.2 North America Patient Engagement Technology Market Revenue Share, by Therapeutic Area (2022 and 2028)

8.3 Chronic Diseases

8.3.1 Overview

8.3.2 Chronic Diseases: Patient Engagement Technology Market – Revenue and Forecast to 2028 (US$ Million)

8.4 Women’s Health

8.4.1 Overview

8.4.2 Women’s Health: Patient Engagement Technology Market – Revenue and Forecast to 2028 (US$ Million)

8.5 Fitness

8.5.1 Overview

8.5.2 Fitness: Patient Engagement Technology Market – Revenue and Forecast to 2028 (US$ Million)

8.6 Others

8.6.1 Overview

8.6.2 Others: Patient Engagement Technology Market – Revenue and Forecast to 2028 (US$ Million)

9. North America Patient Engagement Technology Market Analysis – By Delivery Mode

9.1 Overview

9.2 North America Patient Engagement Technology Market Revenue Share, by Delivery Mode (2022 and 2028)

9.3 Cloud Based

9.3.1 Overview

9.3.2 Cloud Based: Patient Engagement Technology Market – Revenue and Forecast to 2028 (US$ Million)

9.4 On-Premises

9.4.1 Overview

9.4.2 On-Premises: Patient Engagement Technology Market – Revenue and Forecast to 2028 (US$ Million)

10. North America Patient Engagement Technology Market Analysis – By Application

10.1 Overview

10.2 North America Patient Engagement Technology Market Revenue Share, by Application (2022 and 2028)

10.3 Health Management

10.3.1 Overview

10.3.2 Health Management: Patient Engagement Technology Market – Revenue and Forecast to 2028 (US$ Million)

10.4 Home Healthcare Management

10.4.1 Overview

10.4.2 Home Healthcare Management: Patient Engagement Technology Market – Revenue and Forecast to 2028 (US$ Million)

10.5 Financial Health Management

10.5.1 Overview

10.5.2 Financial Health Management: Patient Engagement Technology Market – Revenue and Forecast to 2028 (US$ Million)

10.6 Others

10.6.1 Overview

10.6.2 Others: Patient Engagement Technology Market – Revenue and Forecast to 2028 (US$ Million)

11. North America Patient Engagement Technology Market Analysis – By End User

11.1 Overview

11.2 North America Patient Engagement Technology Market, by End User, 2022 and 2028 (%)

11.3 Providers

11.3.1 Overview

11.3.2 Providers: Patient Engagement Technology Market – Revenue and Forecast to 2028 (US$ Million)

11.4 Payers

11.4.1 Overview

11.4.2 Payers: Patient Engagement Technology Market – Revenue and Forecast to 2028 (US$ Million)

11.5 Patients

11.5.1 Overview

11.5.2 Patients: Patient Engagement Technology Market – Revenue and Forecast to 2028 (US$ Million)

11.6 Others

11.6.1 Overview

11.6.2 Others: Patient Engagement Technology Market – Revenue and Forecast to 2028 (US$ Million)

12. North America Patient Engagement Technology Market – Country Analysis

12.1 North America: Patient Engagement Technology Market

12.1.1 Overview

12.1.3 North America: Patient Engagement Technology Market, by Country, 2022 & 2028 (%)

12.1.3.1 US: Patient Engagement Technology Market – Revenue and Forecast to 2028 (US$ Million)

12.1.3.1.1 Overview

12.1.3.1.2 US: Patient Engagement Technology Market – Revenue and Forecast to 2028 (US$ Million)

12.1.3.1.3 US Patient Engagement Technology Market Revenue and Forecasts to 2028, by Component (US$ Million)

12.1.3.1.4 US Patient Engagement Technology Market Revenue and Forecasts to 2028, by Therapeutic Area (US$ Million)

12.1.3.1.5 US Patient Engagement Technology Market Revenue and Forecasts to 2028, by Delivery Mode (US$ Million)

12.1.3.1.6 US Patient Engagement Technology Market Revenue and Forecasts to 2028, by Application (US$ Million)

12.1.3.1.7 US Patient Engagement Technology Market Revenue and Forecasts to 2028, by End User (US$ Million)

12.1.3.2 Canada: Patient Engagement Technology Market – Revenue and Forecast to 2028 (US$ Million)

12.1.3.2.1 Overview

12.1.3.2.2 Canada: Patient Engagement Technology Market – Revenue and Forecast to 2028 (US$ Million)

12.1.3.2.3 Canada Patient Engagement Technology Market Revenue and Forecasts to 2028, by Component (US$ Million)

12.1.3.2.4 Canada Patient Engagement Technology Market Revenue and Forecasts to 2028, by Therapeutic Area (US$ Million)

12.1.3.2.5 Canada Patient Engagement Technology Market Revenue and Forecasts to 2028, by Delivery Mode (US$ Million)

12.1.3.2.6 Canada Patient Engagement Technology Market Revenue and Forecasts to 2028, by Application (US$ Million)

12.1.3.2.7 Canada Patient Engagement Technology Market Revenue and Forecasts to 2028, by End User (US$ Million)

12.1.3.3 Mexico: Patient Engagement Technology Market – Revenue and Forecast to 2028 (US$ Million)

12.1.3.3.1 Overview

12.1.3.3.2 Mexico: Patient Engagement Technology Market – Revenue and Forecast to 2028 (US$ Million)

12.1.3.3.3 Mexico Patient Engagement Technology Market Revenue and Forecasts to 2028, by Component (US$ Million)

12.1.3.3.4 Mexico Patient Engagement Technology Market Revenue and Forecasts to 2028, by Therapeutic Area (US$ Million)

12.1.3.3.5 Mexico Patient Engagement Technology Market Revenue and Forecasts to 2028, by Delivery Mode (US$ Million)

12.1.3.3.6 Mexico Patient Engagement Technology Market Revenue and Forecasts to 2028, by Application (US$ Million)

12.1.3.3.7 Mexico Patient Engagement Technology Market Revenue and Forecasts to 2028, by End User (US$ Million)

13. Industry Landscape

13.1 Overview

13.2 Organic Developments

13.2.1 Overview

13.3 Inorganic Developments

13.3.1 Overview

14. Company Profiles

14.1 Allscripts Healthcare, LLC

14.1.1 Key Facts

14.1.2 Business Description

14.1.3 Products and Services

14.1.4 Financial Overview

14.1.5 SWOT Analysis

14.1.6 Key Developments

14.2 athenahealth, Inc. (Veritas Capital)

14.2.1 Key Facts

14.2.2 Business Description

14.2.3 Products and Services

14.2.4 Financial Overview

14.2.5 SWOT Analysis

14.2.6 Key Developments

14.3 GetWellNetwork, Inc.

14.3.1 Key Facts

14.3.2 Business Description

14.3.3 Products and Services

14.3.4 Financial Overview

14.3.5 SWOT Analysis

14.3.6 Key Developments

14.4 AdvancedMD, Inc.

14.4.1 Key Facts

14.4.2 Business Description

14.4.3 Products and Services

14.4.4 Financial Overview

14.4.5 SWOT Analysis

14.4.6 Key Developments

14.5 Cerner Corporation

14.5.1 Key Facts

14.5.2 Business Description

14.5.3 Products and Services

14.5.4 Financial Overview

14.5.5 SWOT Analysis

14.5.6 Key Developments

14.6 Epic Systems Corporation

14.6.1 Key Facts

14.6.2 Business Description

14.6.3 Products and Services

14.6.4 Financial Overview

14.6.5 SWOT Analysis

14.6.6 Key Developments

14.7 Orion Health Group of Companies

14.7.1 Key Facts

14.7.2 Business Description

14.7.3 Products and Services

14.7.4 Financial Overview

14.7.5 SWOT Analysis

14.7.6 Key Developments

14.8 McKesson Corporation

14.8.1 Key Facts

14.8.2 Business Description

14.8.3 Products and Services

14.8.4 Financial Overview

14.8.5 SWOT Analysis

14.8.6 Key Developments

14.9 Lincor, Inc.

14.9.1 Key Facts

14.9.2 Business Description

14.9.3 Products and Services

14.9.4 Financial Overview

14.9.5 SWOT Analysis

14.9.6 Key Developments

14.10 Medecision

14.10.1 Key Facts

14.10.2 Business Description

14.10.3 Products and Services

14.10.4 Financial Overview

14.10.5 SWOT Analysis

14.10.6 Key Developments

15. Appendix

15.1 About The Insight Partners

15.2 Glossary of Terms

LIST OF TABLES.

Table 1.             North America Patient Engagement Technology Market, Revenue and Forecast, 2019–2028 (US$ Mn)

Table 2.             US Patient Engagement Technology Market Revenue and Forecasts to 2028, by Component (US$ Million)

Table 3.             US Patient Engagement Technology Market Revenue and Forecasts to 2028, by Therapeutic Area (US$ Million)

Table 4.             US Patient Engagement Technology Market Revenue and Forecasts to 2028, by Delivery Mode (US$ Million)

Table 5.             US Patient Engagement Technology Market Revenue and Forecasts to 2028, by Application (US$ Million)

Table 6.             US Patient Engagement Technology Market Revenue and Forecasts to 2028, by End User (US$ Million)

Table 7.             Canada Patient Engagement Technology Market Revenue and Forecasts to 2028, by Component (US$ Million)

Table 8.             Canada Patient Engagement Technology Market Revenue and Forecasts to 2028, by Therapeutic Area (US$ Million)

Table 9.             Canada Patient Engagement Technology Market Revenue and Forecasts to 2028, by Delivery Mode (US$ Million)

Table 10.          Canada Patient Engagement Technology Market Revenue and Forecasts to 2028, by Application (US$ Million)

Table 11.          Canada Patient Engagement Technology Market Revenue and Forecasts to 2028, by End User (US$ Million)

Table 12.          Mexico Patient Engagement Technology Market Revenue and Forecasts to 2028, by Component (US$ Million)

Table 13.          Mexico Patient Engagement Technology Market Revenue and Forecasts to 2028, by Therapeutic Area (US$ Million)

Table 14.          Mexico Patient Engagement Technology Market Revenue and Forecasts to 2028, by Delivery Mode (US$ Million)

Table 15.          Mexico Patient Engagement Technology Market Revenue and Forecasts to 2028, by Application (US$ Million)

Table 16.          Mexico Patient Engagement Technology Market Revenue and Forecasts to 2028, by End User (US$ Million)

Table 17.          Organic Developments

Table 18.          Inorganic Developments

Table 19.          Glossary of Terms

LIST OF FIGURES.

Figure 1.           North America Patient Engagement Technology Market Segmentation

Figure 2.           North America Patient Engagement Technology Segmentation, By Country

Figure 3.           North America Patient Engagement Technology Market Overview

Figure 4.           North America Patient Engagement Technology Market, By Component

Figure 5.           North America Patient Engagement Technology Market, By Country

Figure 7.           North America: PEST Analysis

Figure 8.           Experts Opinion

Figure 9.           North America Patient Engagement Technology Market Impact Analysis of Driver and Restraints

Figure 10.        North America Patient Engagement Technology Market– Revenue Forecast and Analysis

Figure 11.        North America Patient Engagement Technology Market Revenue Share, by Component (2022 and 2028)

Figure 12.        North America Software: Patient Engagement Technology Market – Revenue and Forecast to 2028 (US$ Million)

Figure 13.        North America Services: Patient Engagement Technology Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14.        North America Hardware: Patient Engagement Technology Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15.        North America Patient Engagement Technology Market Revenue Share, by Therapeutic Area (2022 and 2028)

Figure 16.        North America Chronic Diseases: Patient Engagement Technology Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17.        North America Women’s Health: Patient Engagement Technology Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18.        North America Fitness: Patient Engagement Technology Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19.        North America Others: Patient Engagement Technology Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20.        North America Patient Engagement Technology Market Revenue Share, by Delivery Mode (2022 and 2028)

Figure 21.        North America Cloud Based: Patient Engagement Technology Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22.        North America On-Premises: Patient Engagement Technology Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23.        North America Patient Engagement Technology Market Revenue Share, by Application (2022 and 2028)

Figure 24.        North America Health Management: Patient Engagement Technology Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25.        North America Home Health Management: Patient Engagement Technology Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26.        North America Financial Health Management: Patient Engagement Technology Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27.        North America Others: Patient Engagement Technology Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28.        North America Patient Engagement Technology Market, by End User, 2022 and 2028 (%)

Figure 29.        North America Providers: Patient Engagement Technology Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30.        North America Payers: Patient Engagement Technology Market – Revenue and Forecast to 2028 (US$ Million)

Figure 31.        North America Patients: Patient Engagement Technology Market – Revenue and Forecast to 2028 (US$ Million)

Figure 32.        North America Others: Patient Engagement Technology Market – Revenue and Forecast to 2028 (US$ Million)

Figure 33.        North America: Patient Engagement Technology Market, by Key Country – Revenue (2022) (US$ Million)

Figure 34.        North America: Patient Engagement Technology Market, by Country, 2022 & 2028 (%)

Figure 35.        US: Patient Engagement Technology Market – Revenue and Forecast to 2028 (US$ Million)

Figure 36.        Canada: Patient Engagement Technology Market – Revenue and Forecast to 2028 (US$ Million)

Figure 37.        Mexico: Patient Engagement Technology Market – Revenue and Forecast to 2028 (US$ Million)

The List of Companies - North America Patient Engagement Technology Market

● 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

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America patient engagement technology market.

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the North America patient engagement technology market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth North America market trends and outlook coupled with the factors driving the patient engagement technology market, as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

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