Menu ×

IT & TELECOM

Interactive Patient Engagement Solutions Market Segmentation by Type (In-Patient, and Out-Patient); by Product (In Room Television, Tablets, and Interactive Bedside Terminals); and by End User (Hospitals, Clinics, and Others) – Global Demand Analysis & Opportunity Outlook 2030

  • Text Size:

Extensive insights into the Growth of Interactive Patient Engagement Solutions Market amidst COVID-19

Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.

Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.

We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.

In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months.                                                         Request Insights

Read More

IN THE NEWS

  • March 2021- GetWell Network launched GetWell Anywhere, which is a mobile experience providing patients easy access to engagement solutions on their personal devices across interactive patient care settings.

  • September 2020- SONIFI Health joined hands with Siemens Connect Ecosystem for a project aimed at serving healthcare systems shifting towards smart rooms with SONIFI Health’s patient engagement system.

Global Interactive Patient Engagement Solutions Market Highlights 2022 – 2030

The global interactive patient engagement solutions market is estimated to garner a sizeable revenue by growing at a CAGR of ~10% over the forecast period, i.e., 2022 – 2030. The growth of the market can be attributed to the growing burden of chronic diseases such as obesity, high blood pressure and diabetes, coupled with the rise in geriatric population around the world. According to the Food and Agriculture Organization of the United States, in 2001, chronic diseases contributed about 60 percent of the 56.5 million total deaths in the world, with about 46 percent of the burden of the disease. This proportion raise up to 57 percent by 2020.

Along with these, the mounting need to adopt interactive patient engagement solutions, and implementation of favorable government regulations for promoting the adoption of these solutions are also crucial factors expected to boost the growth of the market in the forthcoming years. Furthermore, escalating technological advancements and digitalization initiatives in the healthcare sector, especially in emerging economies, is also projected to offer profitable opportunities to the market in the near future.

Interactive Patient Engagement Solutions Market Graph

The market is segmented by product into in room television, tablets, and interactive bedside terminals, out of which, the tablets segment is anticipated to hold the largest share in the global interactive patient engagement solutions market. This can be accounted to the ability of these devices to simplify gathering and accessing information by just the touch of a fingertip. The mobility of tablets and the user-friendly experience provided by them is also predicted to propel the growth of the market segment in the future. Additionally, on the basis of end user, the hospitals segment is evaluated to grab the largest share over the forecast period, which can be credited to the high budgets allocated to hospitals for technological development, and large patient pool preferring hospital treatment globally.CLICK TO DOWNLOAD SAMPLE REPORT

Major Macro-Economic Indicators Impacting the Market Growth

Research and Development Expenditure Graph

The never-ending growth in internet accessibility around the world along with numerous technological advancements comprising 5G, blockchain, cloud services, Internet of Things (IoT), and Artificial Intelligence (AI) among others have significantly boosted the economic growth in the last two decades. As of April 2021, there were more than 4.5 billion users that were actively using the internet globally. Moreover, the growth in ICT sector has significantly contributed towards GDP growth, labor productivity, and R&D spending among other transformations of economies in different nations of the globe. Furthermore, the production of goods and services in the ICT sector is also contributing to the economic growth and development. As per the statistics in the United Nations Conference on Trade and Development’s database, the ICT good exports (% of total good exports) globally grew from 10.816 in 2015 to 11.536 in 2019. In 2019, these exports in Hong Kong SAR, China amounted to 56.65%, 25.23% in East Asia & Pacific, 26.50% in China, 25.77% in Korea, Rep., 8.74% in the United States, and 35.01% in Vietnam. These are some of the important factors that are boosting the growth of the market.

Global Interactive Patient Engagement Solutions Market Regional Synopsis

On the basis of geographical analysis, the global interactive patient engagement solutions market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and the Middle East & Africa region. The market in North America is estimated to witness the highest growth and gather the largest share over the forecast period largely on the back of the high awareness about digital healthcare products in the region. In addition, supportive government policies for digitization of pharmaceutical sector, and growing occurrence of chronic diseases are also predicted to boost the region’s market growth in the imminent time. As per the Centers for Disease Control and Prevention, as of January 2021, 6 in 10 adults in the United States have a chronic disease, and 4 in 10 adults in the country have two or more.

Moreover, the market in Asia is also assessed to register a significant growth during the forecast period ascribing to the rise in initiatives by healthcare providers to educate caregivers and patients about the benefits of interactive patient systems in the region.

Interactive Patient Engagement Solutions Market Share Image

The global interactive patient engagement solutions market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC (Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth Market Players Analysis & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth Market Players Analysis & Opportunity Outlook

Market Segmentation

Our in-depth analysis of the global interactive patient engagement solutions market includes the following segments:

By Type

  • In-Patient
  • Out-Patient

By Product

  • In Room Television
  • Tablets
  • Interactive Bedside Terminals

By End User

  • Hospitals
  • Clinics
  • Others

Growth Drivers

  • Growing Burden of Chronic Diseases Around the World
  • Need to Adopt Interactive Patient Engagement Solutions

Challenges

  • High Cost of Deployment of Interactive Patient Engagement Solutions

Top Featured Companies Dominating the Market

  • SONIFI Solutions, Inc.
    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis 
  • Onyx Healthcare, Inc.
  • Hospedia Ltd.
  • i3solutions, Inc.
  • Advantech Co., Ltd.
  • GetWellNetwork, Inc.
  • PDI Communications, Inc.
  • BEWATEC Kommunikationstechnik GmbH
  • ARBOR Technology Corp.
  • HealthHub Patient Engagement Solutions

FREQUENTLY ASKED QUESTIONS


Related Reports


Disclaimer | Privacy Policy | Terms & Conditions

Copyright © 2021 Research Nester. All Rights Reserved