4 insights into the growing patient engagement technology market

The patient engagement technology market is expected to grow as the healthcare industry continues to trend toward a value-based reimbursement system, according to a MarketsandMarkets report.   

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Here are four insights:

 

1. With the use of patient engagement technology, the healthcare industry can decrease costs and improve care quality.

 

2. The Affordable Care Act, government incentives and an increasing aging population have boosted the market’s growth.

 

3. In contrast, huge investments requirements, fragmented end-user market and patient data security are detrimental to the market’s growth.

 

4. The report breaks the market into component, delivery mode and end-user.

 

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