Interactive Patient Care Market Share Analysis

By Author: Delvens
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Interactive Patient Care Market report offers noteworthy data along with future forecast and thorough analysis of the market on international and regional level. Some of the data models employed for the research methodology are vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. This market report studies the trends in consumer and supply chain dynamics that have been observed to be helpful in developing production strategies for healthcare industry. The global Interactive Patient Care Market analysis report covers market shares for Global, Europe, North America, Asia Pacific and South America.

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Interactive Patient Care Market by Product (Hardware (Television, IBT/ Assisted Devices, Tablets), Software), Type (Inpatient, Outpatient), End User (Hospitals, Clinics) and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America). The ...
... global Interactive Patient Care market size is projected to reach a CAGR of 15.5% from 2023-2030.

Interactive Patient Care Market Competitive Landscape:

Sonifi Health
Hospedia Limited
Evideon
Epic Systems Corporation
Allscripts Healthcare Solutions
McKesson Corporation
Orion Health Ltd.
Cerner Corporation
Phytel Inc.
Medecision Inc.

Interactive Patient Care Market Recent Developments:

In 2021, GetWellNetwork (US) entered into a three-year agreement with Hills Health Solutions. Under the terms of this agreement, Hills will become the exclusive distributor of GetWellNetwork’s GetWell Loop and GetWell Inpatient products in Australia and New Zealand.

In 2021, SONIFI Health (US) partnered with Pennsylvania’s Lehigh Valley Health Network (US) to implement engaging technology solutions that improve patient experiences and clinical interactions across the healthcare organization.

Patient engagement is ideally a well-established process in which healthcare providers and patients work together to improve health. This concept is used to describe everything from patient portals to social media strategies, from tracking vitals with wearables to patients actively participating in their own health and wellness. It combines a patient’s knowledge, skills, ability, and willingness to manage their own care more effectively which will help in improving health outcomes, drive better patient care, and achieve lower costs. By collaborating and engaging with patients in the decision-making process, healthcare providers can make better decisions regarding a patient’s health, improving the patient-provider relationship, and overall patient retention.

Growing technological developments, adoption of EHR and mhealth solutions, the prevalence of chronic diseases, supportive initiatives by key market stakeholders, and consumerism in healthcare are some of the key drivers of this market.

On the other hand, the number of players in the patient interactive care systems is limited in the market. The requirement is limited as this is not an essential part of the daily medical regime followed in medical facilities. It’s a tech-based system which often comes with a heavy price tag which is still restricting its market growth.

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Interactive Patient Care Market Key Findings:

The product segment is further bifurcated into Hardware and Software. The hardware segment is anticipated to dominate the market during the forecast period. This can be attributed to the rising development of TV-based solutions and the increased adoption of in-room televisions by hospitals are some of the key factors for the market growth of this segment.

The type segment is further segmented into Inpatient and Outpatient. The impatient segment is anticipated to dominate the market during the forecast period. The requirement for improved patient care and favourable government initiatives for the adoption of these solutions are the factors driving the growth of this segment.

The end-user segment is further fragmented into Hospitals, Clinics and other end-Users. Hospitals segment, in the end, users accounted for the largest and the fastest share of the global Interactive patient engagement solutions market. Increasing demand for IT tools to tackle the demand of hospital staff and rising demand for effective communication tools are driving the growth of this segment.

The market is also divided into various regions such as North America, Europe, Asia-Pacific, South America, and Middle East and Africa. North America accounted for the largest share of the global interactive patient engagement solutions market. Favourable government initiatives, the rising prevalence of chronic diseases, rising awareness about digital healthcare products and several key players in the interactive patient engagement solutions market-based in the US are key factors driving market growth in the region.

Interactive Patient Care Market Regional Analysis:

North America to Dominate the Market

North America accounted for the largest share of the global interactive patient engagement solutions market.

Favourable government initiatives, the rising prevalence of chronic diseases, rising awareness about digital healthcare products and several key players in the interactive patient engagement solutions market-based in the US are key factors driving market growth in the region.

Frequently Asked Questions:

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