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Based on component, the market is segmented into software and services. The software segment held a dominant market share of 72.1% in 2023.
Based on application, the patient engagement solutions market is classified into health management, home healthcare, financial health management, and social & behavioral health. The health management segment accounted for the highest market share and was valued at USD 11.9 billion in 2023.
Based on functionality, the patient engagement solutions market is categorized into communication, health tracking & insights, billing & payments, document management, patient education, and other functionalities. The communication segment is projected to reach USD 30.6 billion by 2032.
Based on end-use, the patient engagement solutions market is categorized into healthcare facilities, home healthcare, payors, and patients. The healthcare facilities segment is projected to reach USD 35.2 billion by 2032.
The North America patient engagement solutions market size in 2023 was valued at USD 11.1 billion and is predicted to grow at a CAGR of 14.5% over the analysis timeframe.
The U.S. patient engagement solutions market is anticipated to grow at a CAGR of 14.4% to reach USD 35.1 billion by the end of the forecast timeframe.
Germany patient engagement solutions market is projected to grow remarkably in the coming years.
Japan is experiencing high market growth in the patient engagement solutions market.
North America patient engagement solutions industry size was valued at USD 11.1 billion in 2023 and is predicted to witness 14.5% CAGR through 20232 due to its advanced healthcare infrastructure, high adoption rates of digital health technologies, and strong emphasis on patient-centered care.
American Well Corporation, Athenahealth, Cerner Corporation, Epic Systems, Garmin, Lincor Inc., McKesson, MEDHOST, and Oracle
The healthcare facilities end-use segment is projected to reach USD 35.2 billion by 2032 as they are the primary point of contact for patients, making them an ideal environment for deploying patient engagement solutions.
The patient engagement solutions industry size was valued at USD 24.3 billion in 2023 and is anticipated to witness 14.9% CAGR from 2024 to 2032 driven by the increasing adoption of digital health technologies coupled with surging utilization of health platforms.