The global patient engagement technology market is poised for robust growth, projected to reach $27.9 billion by 2027 according to a new report by MarketsandMarkets. The market was valued at $17.3 billion in 2022 and is forecast to grow at a compound annual growth rate of 10% from 2022 to 2027.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ ๐๐ซ๐จ๐๐ก๐ฎ๐ซ๐-https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=195345983&utm_source=Pulse&utm_medium=K
Key factors driving growth include the shift towards value-based care, favorable returns on investment, government regulations and incentives, and an aging population. However, huge investment requirements, fragmented end-user markets, and data security concerns pose challenges.