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Patient Engagement Solutions Market Size to Expand Lucratively and Reach $42.43 Bn by 2031 – Explained Details | Updated InsightAce Study

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JERSEY CITY, N.J., July 20, 2023 /PRNewswire/ — InsightAce Analytic Pvt. Ltd. announces the release of the market assessment report on Global Patient Engagement Solutions Market Size, Share & Trends Analysis Report By Deployment Option (Cloud-based Solutions, On-Premise Solutions, and Web-based Solutions), By Type of Solution Offered (Appointment Management Solutions, Electronic Health Record Integration Solutions, Patient Education Solutions, Remote Patient Monitoring Solutions, and Other Solutions), By Application Area (Financial Health Management, Fitness & Wellbeing, Home Health Management,  Research & Development, and Social Health Management), By End-user (Healthcare Providers, Individuals, Payers, and Other End-users) Market Outlook And Industry Analysis 2031″

According to the latest research by InsightAce Analytic, the Global Patient Engagement Solutions Market Size is valued at US$ 10.70 Bn in 2022, and it is expected to reach US$ 42.43 Bn in 2031, recording a promising CAGR of 17.05% during the forecast period of 2023-2031.

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Patient Engagement Solutions involve innovative healthcare technologies that connect clinicians, patients, payers, and partners in differentiated ways. The patient engagement solutions allow access to patient data anytime, anywhere, which aids in delivering high-quality and sustainable healthcare for all.

Patient engagement software and platforms allow patients to access their medical records, schedule appointments and communicate with doctors, making remote patient monitoring easy. Recent advances in patient engagement technology, including artificial intelligence (AI), machine learning, personalized care, telemedicine, and remote monitoring tools, have revolutionized the healthcare sector by digitizing all aspects of care.

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Nowadays, the healthcare sector is turning to information technologies to increase patient engagement in general and handle COVID-19 in particular. Doctors can use modern IT technology to reach their patients anytime and anywhere and provide helpful information at the right time.

Patient engagement systems have various benefits, including appointment reminders and effortless rescheduling, ease of access, patient education, real-time data management, prescription refills, chatbot or messaging options, enhanced communication between patients and their healthcare providers, and remote access to healthcare services. Considering these benefits and the need for virtual healthcare, companies are innovating and implementing different patient engagement strategies, likely to surge the market growth during the forecast period.

Some of the prominent players in the Patient Engagement Solutions Market are:

  • AdvancedMD
  • Allscripts Healthcare Solutions
  • athenahealth, Inc.
  • Boston Scientific Corporation
  • Cerner Corporation
  • Cisco Systems, Inc.
  • Cognizant
  • Coviu
  • CPSI
  • CureMD Healthcare
  • eClinicalWorks
  • Epic Systems Corporation
  • GE Healthcare
  • Get Real Health
  • GetWellNetwork Inc.
  • Harris Healthcare
  • Health Catalyst
  • IBM Corporation
  • IQVIA
  • Kareo
  • Klara Technologies, Inc.
  • Koninklijke Philips N.V.
  • Lincor Solutions Ltd.
  • McKesson Corporation
  • Medecision Inc.
  • Medhost
  • MediBuddy
  • Medisysinc.Com
  • Meditech
  • Medtronic
  • Microsoft
  • Mocero Health
  • NextGen Healthcare, Inc.
  • Nuance Communications, Inc.
  • Oneview Healthcare
  • Orion Health Ltd.
  • Patient point LLC
  • Philips
  • Physitrack
  • Phytel Inc.
  • ResMed
  • Solutionreach, Inc.
  • SolvEdge
  • Symphony Care
  • Validic
  • Veradigm (formly Allscript)
  • Vivify Health
  • Well-Beat
  • WellStack
  • Wolters Kluwer
  • YourCareUniverse Inc.

Patient Engagement Solutions Market Report Scope

Report Attribute

Specifications

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Market Size Value In 2022

USD 10.70 Bn

Revenue Forecast In 2031

USD 42.43 Bn

Growth Rate CAGR

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CAGR of 17.05 % from 2023 to 2031

Quantitative Units

Representation of revenue in US$ Bn and CAGR from 2023 to 2031

Historic Year

2019 to 2022

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Forecast Year

2023-2031

Report Coverage

The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends

Segments Covered

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By Deployment Option, By Type of Solution Offered, By Application Area, By End-User

Regional Scope

North America; Europe; Asia Pacific; Latin America; Middle East & Africa

Country Scope

U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; South East Asia; South Korea; South East Asia

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Competitive Landscape

Athenahealth, Coviu, GetWellNetwork, Health Catalyst, MediBuddy, Mocero Health, Orion Health, Physitrack, SolvEdge, Veradigm (formly Allscript), Well-Beat, Wolters Kluwer, IBM, McKesson Corporation,  Allscripts, Cerner Corporation, Epic Systems Corporation, Orion Health, GetWellNetwork athenahealth, Oneview Healthcare, MEDITECH,  IQVIA, Get Real Health, Cognizant, Symphony Care, Harris Healthcare, Kareo, CureMD Healthcare, eClinicalWorks, Lincor Solutions, AdvancedMD, WellStack, IQVIA, Vivify Health, Medhost, Validic, MEDISYSINC, Patient point LLC, and Others.

Customization Scope

Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape.

Pricing and Available Payment Methods

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Explore pricing alternatives that are customized to your particular study requirements.

 

Curious about this latest version of the report? Enquiry Before Buying: https://www.insightaceanalytic.com/enquiry-before-buying/1910 

Market Dynamics:

Drivers:

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The rising trend of using digital applications has accelerated the growth of this market. Additionally, the high prevalence of chronic diseases, rising government efforts to create awareness regarding healthcare engagement solutions, R&D activities by market players to innovate tools with high efficiency & security and government support to develop easily accessible healthcare solutions have further helped this market to grow during the forecast period.

Furthermore, the rapid implementation of cloud-based platforms and easy access to real-time data contributes to market growth. Several pharmaceutical companies use patient engagement tools to improve patient retention rates in clinical studies, which is anticipated to compel the demand for patient engagement solutions in the coming future. The COVID-19 outbreak has expanded the use of patient engagement solutions such as telehealth and virtual care, which is likely to witness significant growth during the projected period.

Challenges:

However, the lack of awareness bout digital healthcare solutions and patient data security concerns are predicted to impede market expansion during the forecast period. In addition, the scarcity of skilled IT professionals,  high-priced healthcare IT systems, and maintenance & software update costs of these systems may restrict the market demand.

Regional Trends:

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North America accounted for the maximum revenue share of the patient engagement solutions market in 2022. Major driving factors of this market are the increasing prevalence of chronic diseases, the need to reduce healthcare costs for better accessibility, well-developed infrastructure of industries, rising government initiatives to improve healthcare systems, and the demand for real-time data access.

In addition, Asia Pacific is expected to increase its participation in the global patient engagement solutions market over the projected period. The market in this region can be driven by the rapid expansion of cloud-based technology in healthcare and the high demand for high-quality, affordable healthcare services.

Key developments in the market:

  • In May 2023, Athenahealth, Inc. announced that LCH Health and Community Services had implemented athenaOne, athenahealth’s integrated, cloud-based electronic health record (EHR), medical billing, and patient engagement solution, and athenaOne Dental, to provide a more unified experience for its patients & providers and to support the nonprofit’s growth strategy.
  • In May 2023, MediBuddy collaborated with Indel Money Limited to provide Indel Money Gold customers with access to various healthcare services, including unlimited General Physician consultation, health check-ups, and lab benefits up to Rs. 1000, and free delivery of medicines.
  • In April 2023, Athenahealth rolled out a new tool called the Patient Digital Engagement Index to measure how well patients engage with digital health.
  • In July 2022, Health Catalyst, Inc. partnered with MemorialCare Miller Children’s & Women’s Hospital Long Beach, a leading, innovative nonprofit health system in Orange and Los Angeles Counties to improve care outcomes with innovative patient engagement technology.
  • In July 2022, MediBuddy acquired Clinix, an online doctor consultation startup. This acquisition will help MediBuddy penetrate the domestic rural market.

Market Segments

Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2023 to 2031 based on Deployment Option

  • Cloud-based Solution
  • On-Premise Solutions
  • Web-based Solutions

Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2023 to 2031 based on Type of Solution Offered

  • Appointment Management Solutions
  • Electronic Health Record Integration Solutions
  • Patient Education Solutions
  • Remote Patient Monitoring Solutions
  • Other Solutions

Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2023 to 2031 based on Application Area

  • Financial Health Management
  • Fitness and Wellbeing
  • Home Health Management
  • Research and Development
  • Social Health Management

Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2023 to 2031 based on End-user

  • Healthcare Providers
  • Individuals
  • Payers
  • Others

Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2023 to 2031 based on Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

North America Patient Engagement Solutions Market Revenue (US$ Bn) by Country, 2023 to 2031

  • U.S.
  • Canada

Europe Patient Engagement Solutions Market Revenue (US$ Bn) by Country, 2023 to 2031

  • Germany
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe

Asia Pacific Patient Engagement Solutions Market Revenue (US$ Bn) by Country, 2023 to 2031

  • India
  • China
  • Japan
  • South Korea
  • Australia & New Zealand

Latin America Patient Engagement Solutions Market Revenue (US$ Bn) by Country, 2023 to 2031

  • Brazil
  • Mexico
  • Rest of Latin America

Middle East & Africa Patient Engagement Solutions Market Revenue (US$ Bn) by Country, 2023 to 2031

  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Obtain Report Customization Details @ https://www.insightaceanalytic.com/customisation/1910

Why should buy this report:

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  • To receive a comprehensive analysis of the prospects for the global Patient Engagement Solutions Market
  • To receive an industry overview and future trends in the global Patient Engagement Solutions Market
  • To analyze the Patient Engagement Solutions Market drivers and challenges
  • To get information on the Patient Engagement Solutions Market size value (US$ Mn) forecast till 2031
  • Major Investments, Mergers & Acquisitions in the global Patient Engagement Solutions Market industry

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https://www.insightaceanalytic.com/report/mhealth-solutions-market/1771

https://www.insightaceanalytic.com/report/lifestyle-diseases-management-apps-market/1753

https://www.insightaceanalytic.com/report/global-medical-reference-apps-market/1031

About Us:

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InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.

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Blockchain Press Releases

MEXC Announces Listing of Hyperlane (HYPER) with a 165,000 HYPER and 50,000 USDT Prize Pool

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VICTORIA, Seychelles, April 21, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, announced the Hyperlane (HYPER) listing on April 22, 2025(UTC).To celebrate this significant addition to the exchange, MEXC is launching a special event with a prize pool of 165,000 HYPER and 50,000 USDT for new and existing users.

Hyperlane is the first permissionless, universal interoperability protocol dedicated to building a truly open and decentralized cross-chain communication infrastructure. As “The Open Interoperability Framework,” it enables anyone to freely expand, utilize, and customize the network, allowing developers to easily and securely build cross-chain applications and token bridges. To date, Hyperlane has connected over 140 blockchains, processed nearly 9 million cross-chain messages, and bridged more than $6 billion in volume through its Warp Routes.

$HYPER is the native token of the Hyperlane ecosystem, with an initial total supply of 1 billion tokens. It plays a critical role in securing the protocol through staking, rewarding validators for verifying cross-chain messages, incentivizing user-driven activity, and enabling community governance over protocol development.

To celebrate the listing, MEXC will launch an Airdrop+ event with substantial rewards for users:

Event Period: April 21, 2025, 10:00 – May 01, 2025, 10:00 (UTC)

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Benefit 1: Deposit and share 120,000 HYPER (New user exclusive)

Benefit 2: Spot Challenge — Trade to share 15,000 HYPER (For all users)

Benefit 3: Futures Challenge — Trade to share 50,000 USDT in Futures bonus (For all users)

Benefit 4: Invite new users and share 30,000 HYPER (For all users)

MEXC has established itself as a leading exchange by consistently offering users early access to high-potential crypto assets. In 2024 alone, the platform listed 2,376 new tokens, including 1,716 initial listings. According to the latest TokenInsight report, MEXC led the industry with 461 spot listings between November 1, 2024, and February 15, 2025. During this period, the exchange maintained a high listing frequency, consistently ranking among the top six platforms, demonstrating its agility in capturing emerging market trends. MEXC will continue to expand its asset offerings and help users seize timely opportunities in the fast-moving crypto market.

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For full event details and participation rules, please visit here.

About MEXC

Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 36 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

MEXC Official Website X Telegram |How to Sign Up on MEXC

Risk Disclaimer:

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The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.

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Blockchain Press Releases

Introducing Clementine Bridge: Citrea Deploys First Complete BitVM Bridge Design on Testnet

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Citrea’s Clementine Bridge marks the first time that a fully programmable layer is tested for settling on Bitcoin.

GEORGE TOWN, Cayman Islands, April 21, 2025 /PRNewswire/ — Citrea, the first ZK rollup to enhance capabilities of Bitcoin blockspace and enable Bitcoin applications (₿apps), has successfully deployed its Clementine Bridge, the first complete BitVM bridge design on Bitcoin Testnet. Citrea has also recently revealed Clementine’s whitepaper, marking the first real-world implementation of a BitVM-based bridge which extends BTC’s utility to decentralized finance in the most Bitcoin-secured and native way possible. With Clementine’s testnet deployment, Bitcoin is for the first time tested for optimistically verifying a fully programmable layer. The Clementine whitepaper is currently the only documentation of how to use BitVM in a bridge design with clear solutions toward a secure and efficient bridge implementation. 

Despite being the world’s largest digital asset, BTC has struggled to build relevance in decentralized finance. A secure bridge between Bitcoin and a secondary layer has always been a bottleneck for using BTC in a programmable environment. This problem has forced users to either keep Bitcoin as a passive store of value or rely on custodians for using BTC in financial activities. Citrea’s BitVM-based Bitcoin bridge Clementine solves this by enabling the safest and most trust-minimized way to bridge BTC and extend its utility to decentralized finance. 

Citrea’s Clementine bridge marks a historic moment for Bitcoin and a new beginning for BTC’s utility. “It felt like magic when we saw all the bridge components work smoothly in our internal tests and that any malicious act is stopped by a single honest actor,” said Ekrem Bal, Co-Creator of Citrea. “We’re now ready to test Clementine in a real Bitcoin Testnet environment and make it more battle-tested for Citrea mainnet.”

With the introduction of BitVM by a Bitcoin developer Robin Linus, verifying computations on Bitcoin and building Bitcoin-secured bridges became a possibility. Very soon after its introduction, Citrea team became a core contributor of BitVM and later a founding member of BitVM alliance, where BitVM’s fundamental technology of executing a fraud proof of a zero-knowledge (ZK) proof on Bitcoin was developed collaboratively. Although accomplishing a ZK proof verification on Bitcoin was a prerequisite, there were still critical problems to address to implement this fundamental technology securely and efficiently into a Bitcoin bridge design. A detailed breakdown of this can be found in Clementine’s whitepaper.

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Clementine’s design and whitepaper introduce novel solutions to two main research topics in BitVM-based bridge implementation, namely Bitcoin chain fork selection and capital efficiency of operators. These topics have been critical to solve as they ensure both the bridge’s security and efficiency. Citrea’s Clementine bridge offers clear solutions to both of these problems:

  1. Bitcoin Chain Fork Selection: This is related to ensuring that the bridge follows the longest Bitcoin chain. It has been an open research topic where the BitVM creator introduced superblocks approach but its security was later found to be broken. Citrea introduces a new Bitcoin Light Client design that uses succinct Header Chain Proofs of Bitcoin. These proofs are aggregated by operators into a single BitVM proof. 
  2. Capital Efficiency of Operators: This has been another limitation of implementing BitVM efficiently into a bridge design. With Citrea’s approach to non-standard Bitcoin transactions, operators can now process hundreds of withdrawals in parallel with a single collateral. Disproving only one withdrawal is enough to stop other malicious withdrawal processes.

Clementine’s design relies on zero-knowledge proofs, Bitcoin data availability, a novel Bitcoin Light Client design and BitVM. In the case of a malicious act, an honest watchtower provides a proof of the longest Bitcoin chain. Then the operator generates a proof verifying Citrea’s state, watchtowers’ challenges and payout for the withdrawal. If the operator is malicious, it won’t be able to generate such proof, resulting in slashing the operator. Clementine has three main bridge actors to ensure the system’s integrity:

  • Signers enforce BitVM spendings by managing peg-ins through presign transactions
  • Watchtowers are tasked with monitoring operators and challenging any malicious behavior by sending a proof of longest Bitcoin chain
  • Operators, a group of profit-seeking entities, temporarily cover users’ withdrawals and are later reimbursed with presigned transactions.

Citrea: Bitcoin’s Application (app) Layer

Citrea extends Bitcoin’s utility without sacrificing its security. With zero-knowledge technology, Citrea enables Bitcoin to function as a fully programmable layer. With its Bitcoin bridge Clementine, Citrea offers the safest and most trust-minimized way to bridge BTC to a fully programmable secondary layer. 

For the first time in its history, Bitcoin Network will be able to support diverse on-chain applications and its utility will be extended to decentralized finance. 

Apply to Citrea’s unique incubation program ‘Citrea Origins‘ to build ₿apps.

For more information, please visit: Citrea website | Citrea X Account

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Blockchain Press Releases

BingX Brings Balance (EPT) to Spot with a 200 Million EPT Xpool

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PANAMA CITY, April 21, 2025 /PRNewswire/ — BingX, a global leading cryptocurrency exchange, announces the listing of EPT, the native token for Balance.fun, for both spot trading and also on the BingX Xpool. The spot listing will commence on April 21 at 12:00 (UTC) while the Xpool launch will start on April 22 at 10:00 (UTC). BingX users can stake BTC and EPT in Xpool, though new users will have an additional option to stake USDT to win a bigger share of the reward pool that includes 2,000,000 EPT Points. The first 1000 new users who stake a minimum of 100 USDT will also be able to earn an additional bonus voucher worth 100 USDT.

EPT is the governance token of Balance, an AI-powered web3 experience infrastructure designed for the masses. This new digital asset will fuel the new Balance Platform to create an open and inclusive gaming ecosystem for both gamers and developers with fairness at its core. With the integration of AI and blockchain technology, games can be built and marketed more easily while allowing players to benefit from the enhanced and diversified gaming experience.

Users of the existing Epal platform can transfer their EPT tokens to BingX, enabling a reliable method to trade EPT or, alternatively, purchase EPT for governance purposes. Having a solid exchange to further explore the vast world of cryptocurrencies, this new listing further empowers both Epal and Balance users in the process.

Vivien Lin, Chief Product Officer of BingX, shared her thoughts on the new trading option and Xpool listing: “I think providing users with these new trading and early investment options is our responsibility as a responsible cryptocurrency exchange since some of our users rely on us to introduce such projects with such numerous functions across multiple subcategories”.

Visit bingx.com to join the Xpool starting April 22 and start trading EPT on spot from April 21. Whether you’re a gamer, builder, or crypto enthusiast, this is your chance to be part of a new decentralized chapter in entertainment.

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About BingX 

Founded in 2018, BingX is a leading crypto exchange, serving over 20 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports.

For more information, please visit: https://bingx.com/

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