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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
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New York, May 03, 2021 (GLOBE NEWSWIRE) Reportlinker.com announces the release of the report Interactive Patient Engagement Solutions Market by Product, Type, End User, Region – Global Forecast to 2026 - https://www.reportlinker.com/p06067762/?utm source=GNW 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
Interactive Patient Engagement Solutions Market worth $291 million by 2026 - Exclusive Report by MarketsandMarkets Interactive Patient Engagement Solutions Market by Product (In Room Television, Interactive Bedside Terminals, Tablets), Type (Inpatient, Outpatient), End User (Hospitals, Clinics), Region - Global Forecast to 2026 , published by MarketsandMarkets, the global market is projected to reach USD 291 million by 2026 from USD 127 million in 2021, at a CAGR of 17.9%.
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The growth of this interactive patient engagement solutions market is driven by the need for the adoption of improved interactive patient engagement solutions, growing number of collaborations and partnerships between stakeholders, and favorable government regulations and initiatives to promote the adoption of these solutions.
The growth of this interactive patient engagement solutions market is driven by the need for the adoption of improved interactive patient engagement solutions, growing number of collaborations and partnerships between stakeholders, and favorable government regulations and initiatives to promote the adoption of these solutions.
The companies have a large market spread across various countries in North America, Europe, Asia Pacific, and the Rest of the World.
The COVID-19 pandemic has led to several layoffs, salary cuts, delayed cash flow from the employer to the employee, and an overall drop in the financial sector. Millions were laid off in the US in April 2020, and a 15.8% unemployment rate is expected to rise from the private sector. This makes it difficult for people to pay for basic sanitation and health services. Patients believe that the interactive patient engagement services offered by hospitals can further increase the hospital bills. This is expected to hamper the adoptio