October 05, 2021
According to the report titled, ‘Global Interactive Patient Engagement Solutions Market by Product (In Room Television, Interactive Bedside Terminals, Tablets), Type (Inpatient, Outpatient), End User (Hospitals, Clinics and other end user), Regional Forecasts 2021-2027’, available with MarketStudyReport, global interactive patient engagement solutions market was valued at USD 107.7 million in 2020 and is expected to register an annual growth rate of 17.9% during the study period, thereby accumulating USD 341 million by the year 2027.
As per the report findings, the expansion of global interactive patient engagement solutions market can be credited to the increasing number of partnerships and collaborations between stakeholders and widespread adoption of HCIT solutions in hospitals.
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For the unversed, patient engagement refers to a technology or platform that enables healthcare organizations to better interact with their patients. These solutions not only result in patient satisfaction but also enhances the quality of services while ensuring patient safety.
Additionally, favorable government policies which encourage the use of these technologies in developing nations like India is augmenting the overall industry outlook.
Several companies have developed audio and video applications to help visually impaired patients interact with hospital personnel more efficiently, which in turn is adding traction to the overall market size. On the contrary, high implementation costs and infrastructural requirements associated these systems are likely to impede global interactive patient engagement solutions industry progression in the ensuing years.
Based on product type, the market is split into tablets, interactive bedside terminals, and in room televisions. As per type, the industry is categorized into outpatient and inpatient. The end-user scope of this business space involves clinics, hospitals, and others.
Geographically speaking, North America captured the largest share in global interactive patient engagement solutions industry and is likely to witness consistent growth through 2027, owing to surging investments in this technology by major players, increasing acceptance, and rising adoption of health and EHR solutions in the region.
Meanwhile, Asia Pacific market is projected to record considerable gains during 2021-2027, attributable to the introduction of new systems and advancements in the medical infrastructure.
Major players like RemEDI Technologies Inc., Aceso Interactive Inc., i3 Solutions Inc., Healthhub Patient Engagement Solutions Inc., ARBOR Technology Inc., Allen Technologies Inc., Epic Systems Corporation, Advantech Co. Ltd, GetWellNetwork Inc., and SONIFI Health Inc. are profiled in global interactive patient engagement solutions market report.