The APAC patient engagement solutions market is projected to grow from $13.47 Bn in 2022 to $9.82 Bn by 2030, registering a CAGR of 13.47% during the forecast period of 2022 - 2030. The main factors driving the growth would be the growing prevalence of chronic disorders, the ageing population, the increasing use of mobile health solutions and government support. The market is segmented by component, delivery mode, application, therapeutic area, functionality and by end-user. Some of the major players include JD Health, Allscripts, Cerner, Lincor, McKesson and Wolters Kluwer.
The APAC patient engagement solutions market is projected to grow from $13.47 Bn in 2022 to $9.82 Bn by 2030, registering a CAGR of 13.47% during the forecast period of 2022 - 2030. According to the WHO, the Western Pacific Region, which includes many Asia-Pacific countries, had total health spending as a proportion of GDP of 7.2% in 2017. Nonetheless, within the region, this percentage would vary dramatically from one country to the next.
Patient engagement is a process that encourages individuals to actively participate in decisions regarding their health and medical treatment by providing them with the necessary knowledge, tools, and support.
APAC's patient engagement solutions industry is rapidly expanding. Using a variety of tools and services, the Chinese government has started educating and raising awareness of patients about rare diseases. One of the most valuable markets in the world is thought to be the Japanese patient engagement solutions market. To address public health issues brought on by the COVID-19 virus, the Japanese Ministry of Economy has developed a free remote healthcare service with doctors.
Market Growth Drivers
The growing prevalence of chronic diseases and the ageing population in APAC are driving factors in the market for patient engagement solutions. The demand for the market is increased by the growing use of mobile health solutions via various apps and software. The National Health Commission has taken steps to adopt patient-comfortable treatment at home as a result of COVID-19. Also, the healthcare sector has begun to create new, cutting-edge software and services, which is fueling the market's expansion.
Market Restraints
The development of the APAC patient engagement solutions market is being hampered by a shortage of qualified analysts, a lack of knowledge among rural residents, and heavy concerns about patient health data and health information. The market's expansion is also constrained by the need to protect patient information and the lack of health literacy in underdeveloped nations.
Key Players
August 2021: A strategic partnership between Mckesson and Merck was announced, allowing the two healthcare giants to better patient outcomes and the standard of cancer care by leveraging the strength of real-world evidence.
The patient engagement market's healthcare policies and regulatory environment in the APAC region vary greatly, with each nation having its own distinct healthcare system and regulatory environment. Many nations in the region have established organisations to control healthcare providers and guarantee the standard of healthcare services. For instance, the National Health Commission in China is in charge of overseeing healthcare professionals and assuring the security and effectiveness of pharmaceuticals and medical equipment. The Therapeutic Goods Administration in Australia is in charge of overseeing the security and quality of therapeutic goods, including drugs and medical equipment.
The reimbursement policies for the APAC patient engagement solutions market differ by nation and healthcare system. There are established reimbursement regulations for telemedicine and remote patient monitoring services in several nations, like Australia and Japan, which can be utilised to encourage patient engagement. For instance, the Medicare Benefits Schedule, which offers financial help for qualified medical services, covers telemedicine services in Australia. Remote medical services in Japan are covered by the country's national health insurance program.
1. Executive Summary
1.1 Service Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Healthcare Services Market in Country
1.6 Recent Developments in the Country
2. Market Size and Forecasting
2.1 Market Size (With Excel and Methodology)
2.2 Market Segmentation (Check all Segments in Segmentation Section)
3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints
4. Competitive Landscape
4.1 Major Market Share
4.2 Key Company Profile (Check all Companies in the Summary Section)
4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)
5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Services
5.3 Reimbursement Process for Treatment
6. Methodology and Scope
By component (Revenue, USD Billion):
By Delivery Mode (Revenue, USD Billion):
By Application (Revenue, USD Billion):
By Therapeutic area (Revenue, USD Billion):
By Functionality (Revenue, USD Billion):
By End-user (Revenue, USD Billion):
Methodology for Database Creation
Our database offers a comprehensive list of healthcare centers, meticulously curated to provide detailed information on a wide range of specialties and services. It includes top-tier hospitals, clinics, and diagnostic facilities across 30 countries and 24 specialties, ensuring users can find the healthcare services they need.
Additionally, we provide a comprehensive list of Key Opinion Leaders (KOLs) based on your requirements. Our curated list captures various crucial aspects of the KOLs, offering more than just general information. Whether you're looking to boost brand awareness, drive engagement, or launch a new product, our extensive list of KOLs ensures you have the right experts by your side. Covering 30 countries and 36 specialties, our database guarantees access to the best KOLs in the healthcare industry, supporting strategic decisions and enhancing your initiatives.
How Do We Get It?
Our database is created and maintained through a combination of secondary and primary research methodologies.
1. Secondary Research
With many years of experience in the healthcare field, we have our own rich proprietary data from various past projects. This historical data serves as the foundation for our database. Our continuous process of gathering data involves:
With extensive experience in the field, we have developed a proprietary GenAI-based technology that is uniquely tailored to our organization. This advanced technology enables us to scan a wide array of relevant information sources across the internet. Our data-gathering process includes:
2. Primary Research
To complement and validate our secondary data, we engage in primary research through local tie-ups and partnerships. This process involves:
Combining Secondary and Primary Research
By integrating both secondary and primary research methodologies, we ensure that our database is comprehensive, accurate, and up-to-date. The combined process involves:
Through this meticulous process, we create a final database tailored to each region and domain within the healthcare industry. This approach ensures that our clients receive reliable and relevant data, empowering them to make informed decisions and drive innovation in their respective fields.
We value your inquiry and offer free customization with every report to fulfil your exact research needs.
The APAC patient engagement solutions market is projected to grow from $13.47 Bn in 2022 to $9.82 Bn by 2030, registering a CAGR of 13.47% during the forecast period of 2022 - 2030.
The APAC patient engagement solutions market is segmented by component (hardware, software, standalone software, integrated software and services), by delivery mode (premise mode and cloud-based mode), by application (health management, home health management, social health management and financial health management), by therapeutic area (chronic diseases, cardiovascular diseases, diabetes, obesity, women’s health, fitness and other therapeutic areas), by functionality (e-prescribing, virtual consultation, patient/client scheduling and document management) and by end-user (providers, payers, patients and end-user).
Some of the major players in the global patient engagement solutions market are JD Health, Allscripts, Cerner, Lincor, McKesson and Wolters Kluwer.