What This Report Will Provide?

This study involved four major activities in estimating the current size of the interactive patient engagement solution market. Exhaustive secondary research was carried out to collect information on the market, its peer markets, and its parent market.

The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation procedures were used to estimate the size of segments and subsegments.

Expected Revenue Growth:

[152 Pages Report] The interactive patient engagement solution market is projected to reach USD 291 million by 2026 from USD 127 million in 2021, at a CAGR of 17.9%

Major Growth Boosters:

The growth of this market is driven by the need for the adoption of improved Interactive Patient Engagement Solution, growing number of collaborations and partnerships between stakeholders, and favorable government regulations and initiatives to promote the adoption of these solutions. However, high infrastructural requirements and implementation costs and data security concerns are expected to restrain the growth of this market to a certain extent during the forecast period.

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Recent Developments:

In March 2021, Get Well Network launched GetWell Anywhere, a mobile experience providing patients easy access to engagement solutions on their personal devices across all interactive patient care settings.

In January 2021, GetWellNetwork acquired Docent Health, an innovative enterprise consumer engagement platform. The combined product offerings will help GetWellNetwork to create a more comprehensive, seamless, and integrated patient engagement experience.

In September 2020, SONIFI Health collaborated with Siemens Connect Ecosystem. The collaborative effort was aimed at serving healthcare systems that are shifting towards smart rooms. The integration of Siemens platforms with SONIFI Health’s patient engagement system will help in providing hospitals and other healthcare organizations greater control and comfort to patients.

North America to Register Highest Growth Market:

In 2020, North America accounted for the largest share of 60.9% of the Interactive Patient Engagement Solution market. This market is also expected to grow at the highest CAGR during the forecasted period. The large share and the high growth of this market can be attributed to favorable government initiatives, the rising prevalence of chronic diseases, and rising awareness about digital healthcare products.

Key Questions Addressed in The Report:

1. Who are the top 10 players operating in the global Interactive Patient Engagement Solution Market?
2. What are the drivers, restraints, opportunities, and challenges in the Industry?
3. What are the opportunities for stakeholders and provide details of the competitive landscape for key players?
4. What will be growth of Interactive Patient Engagement Solution Market in North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa?

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Key Players:

The key players have a strong foothold in the market and offer a wide range of products. Some of the key players in this market are GetWellNetwork (US), SONIFI Health (US), Epic Systems Corporation (US), and Allen Technologies (US).