DUBLIN–(BUSINESS WIRE)–The “Global Interactive Patient Engagement Solutions Market by Product (In Room Television, Interactive Bedside Terminals, Tablets), Type (Inpatient, Outpatient), End User (Hospitals, Clinics), Region – Forecast to 2026” report has been added to ResearchAndMarkets.com’s offering.
The interactive patient engagement solutions market is projected to reach USD 291 million by 2026 from USD 127 million in 2021, at a CAGR of 17.9%.
The growth of this market is driven by the need for the adoption of improved interactive patient engagement solutions, a growing number of collaborations and partnerships between stakeholders, and favorable government regulations and initiatives to promote the adoption of these solutions.
However, high infrastructural requirements and implementation costs and data security concerns are expected to restrain the growth of this market to a certain extent during the forecast period.
In Room Television segment is expected to grow at the highest CAGR
On the basis of product, the interactive patient engagement solutions market is segmented into in-room televisions, interactive bedside terminals/assistive devices, and tablets. In 2020, the in-room televisions segment accounted for the largest share of 51.5% of the global interactive patient engagement solutions market. The large share of this segment can be attributed to the rising development of TV-based solutions and the increased adoption of in-room televisions by hospitals.
Inpatients more keen in adopting the interactive patient engagement solutions than outpatient
On the basis of type, the interactive patient engagement solutions market is segmented into inpatient and outpatient solutions. In 2020, the inpatient solutions segment accounted for the largest share of 84.9% of the interactive patient engagement solutions market. The large share of this segment can be attributed to the need for improved patient care and favorable government initiatives for the adoption of these solutions.
North America to witness significant growth from 2021 to 2026
In 2020, North America accounted for the largest share of 60.9% of the interactive patient engagement solutions market. This market is also expected to grow at the highest CAGR during the forecasted period. The large share and the high growth of this market can be attributed to favorable government initiatives, the rising prevalence of chronic diseases, and rising awareness about digital healthcare products.
Market Dynamics
Drivers
Need for the Adoption of Improved Interactive Patient Engagement Solutions Growing Number of Collaborations and Partnerships Between Stakeholders Favorable Government Regulations and Initiatives to Promote the Adoption of Hcit Solutions Restraints
High Infrastructural Requirement and Implementation Costs Data Security Concerns Related to the Use of These Solutions Opportunities
Emerging Countries Offer High-Growth Potential Technological Advancements Challenges
Dearth of Skilled Professionals Companies Mentioned
Aceso Interactive, Inc. Advantech Co., Ltd. Allen Technologies ARBOR Technology Corp. Barco BEWATEC Kommunikationstechnik GmbH ClinicAll Epic Systems Corporation eVideon, PDI Communications, Inc. GetWellNetwork, Inc. HCI, Inc. HealthHub Patient Engagement Solutions Hospedia Hopitel i3solutions, Inc. Lincor Solutions Onyx Healthcare, Inc. Remedi Technology SONIFI Health For more information about this report visit https://www.researchandmarkets.com/r/k4www9.