Skip to main content

Proliferating Geriatric Population: Major Driver for the Global Patient Engagement Solutions Market


The geriatric population is the major end user segment of healthcare services. Involvement of geriatric population is significant in healthcare decision making and wellness activities. The rising geriatric population is driving the market growth for patient engagement solutions. According to World Health Organization, in 2017, the global population aged 60 years or more was 962 million, that was more than twice of the same in 1980. The geriatric population is expected to double and reach up to 2.1 billion in 2050.



The strategies followed by several companies to increase their market dominance may vary from product launches to strategic partnerships, collaborations, and agreements. Besides, on tracking and analyzing the significant developments witnessed in the market for the past three years (February 2016- June 2019), it has been observed that majority of the players in the market prefer partnerships, mergers and acquisitions to further expand the business, while the relatively less adopted strategies comprised expansion and agreement. In the past four years (February 2016-June 2019), the market witnessed approximately 78 partnerships, 15 acquisitions, eight collaborations, 22 launches, three agreements, four awards, two funding, three business expansions, and two mergers.

As per BIS Research study, the global patient engagement solutions market is projected to grow at a significant CAGR of 14.09% during the forecast period, 2019-2028.

This work has been designed to answer some of the most crucial questions of the global patient engagement solution market:
§  What are the major market drivers, challenges, and opportunities in the global patient engagement solution market?
§  What is the global patient engagement solution market size in terms of revenue in the period 2016-2028?
§  How is each segment of the global patient engagement solution market expected to grow during the forecast period and what is the revenue expected to be generated by each of the segments by the end of 2028?
§  What are the key development strategies implemented by the key major players to sustain in the competitive market?
§  What is the growth potential of the patient engagement solution market in each region, namely North America, Europe, Asia-Pacific, and the Rest-of-the-World?
§  What components (software and services) are offered by key players such as IBM Corporation, McKesson Corporation, Allscripts Healthcare Solutions, Inc., Cisco, and Cerner Corporation?

Labels:

Comments

Post a Comment

Popular posts from this blog

Personal Care Ingredients Market Size, Share & Trends Analysis Report 2019-2029

The introduction and proliferation of bio-based ingredients in several industries, such as food and beverage, pharmaceuticals, and cosmetics, has been transforming the manufacturing landscape since 2000. Growing consumer inclination toward the adoption of bio-based products due to rising health and environmental concerns is driving the demand for bio-based ingredients in the cosmetics and personal care products. Besides, awareness among consumers regarding the harmful effects of synthetic ingredients chemicals has grown rapidly over the past years. In addition, the availability of green raw materials has also urged large cosmetic firms to develop bio-based cosmetic products. However, limited availability of raw material, due to erratic weather conditions and stringent environmental regulations, can pose substantial hurdles in the production of bio-based ingredients. Thus, leading companies have been focusing on developing new and sustainable ways of producing the ingredi...
Post a Comment
Read more

High-End Synthetic Suede Market Latest Trend, Industry Growth, Competitive Analysis Upto 2031

High-end synthetic suede has been able to mark its presence in the fashion industry as well. Global fashion designers, with an aim to inculcate sustainability, have started to incorporate synthetic materials in their production process, to not only achieve sustainability but also to send a strong message to their customers regarding the proliferated use of vegan materials. The growth in the high-end synthetic suede market is attributable to increasing demand from the automotive industry and the need for a replacement of natural suede. Synthetic suede is made through the blends of polyester and other plastics, posing less environmental hazard just like natural suede does. Synthetic suede is typically more economical and affordable as compared to natural suede. The material is highly durable and requires low maintenance, which has made it a popular choice as a replacement of natural suede. The increase in the number of end-use industries, rise in the demand for a replacement of natural s...
Post a Comment
Read more

Liquid Biopsy, North America, and Lung Cancer Occupying a Major Share in the Market

  Owing to the market availability of large number of liquid biopsy technologies, the liquid biopsy segment currently accounts for a dominating share in the global minimally invasive biopsy technologies market . However, the market growth in the segment can be attributed to the increasing demand for liquid biopsy and the strong product pipeline. For instance, CNI Second Opinion by Chronix Biomedical is presently under development and is expected to get launched during the forecast period 2019-2030. Owing to a widespread market presence of leading players and the huge prevalence of cancer, North America presently holds a major share in the global minimally invasive biopsy technologies market. According to the World Cancer Research Fund (WCRF), with an estimated 2 million cases in 2018, lung cancer is the most commonly occurring cancer in men and third-most commonly occurring cancer in women. Due to the widespread presence of cancer, the manufacturers including Biocept, Inc., Chron...
Post a Comment
Read more