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Research Outline
Prepared for Alex | Delivered September 25, 2019
Patient Engagement Platforms
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Goals
To understand the current patient engagement platforms' market, future projections, and its evolution over time.
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Early Findings
PATIENT ENGAGEMENT PLATFORMS MARKET
The market size was
$12.86 billion
in 2018
The market's CAGR is
20.43%
for the period of 2019-2026.
Cloud-based solutions exhibit the highest CAGR of over
20%.
North America has the
largest
market share of these platforms.
By 2025, this market is expected to generate about $48.24B.
TYPES OF PLATFORMS
These platforms are either
on-premises
, web-based, or
cloud-based
.
COMPONENTS
These platforms consisted of
three components
: hardware, software, and services.
The software is either a
standalone
solution or an
integrated
solution.
The
services
include consultation, implementation, training and education, post-sale and maintenance, advertising, and enrollment.
AREAS OF APPLICATION
The four main areas of
application
include health management, social and behavioral management, home health management, and financial health management.
THE FUTURE OF PATIENT ENGAGEMENT
This platforms will enhance the
experience
for patients, making them feel like they are in charge of their own journey.
The technology has potential in
expanding
to wearables, home monitoring devices, and mobile health technology.
If future technology is implemented properly, it can result in uninterrupted
online care
and sophisticated data
analytics
.
The current platforms, such as portals, will address the c
ustomer experience
and user
interface
to enhance engagement.
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