ePRO E-Patient Diaries Market: Global Industry Analysis, Size, Trends, Growth, Forecast 2019 - 2029
Global ePRO E-Patient Diaries Market: Overview
Electronic patient (E-patient) diaries are electronic devices used to record healthcare outcomes (ePRO's) for patients. These devices could be smart phones, tablets or personal computers. The recorded ePROs are important in assessing how well a specific therapeutic strategy is performing by collecting data from the source itself, that is, from the patient. Such authentic collection of data makes it possible for therapists to change therapy at the grassroots level, with specific inputs, in complete assessments made a long time after administration of said therapy. As per TMRR, the global ePRO E-Patient Diaries Market will grow at a steady compound annual growth rate from 2019 to 2029.
E-patient diaries are useful for various reasons, prominent being increase in patient compliance to therapy. In comparison to conventional patient diaries, these remind the patient to enter data about dose taken, effects experienced and response to therapy. They have a specific time period in which responses have to be recorded, ensuring on-spot data collection and storage. Many healthcare systems dealing with chronic illnesses use these diaries to monitor patients' response to therapy. These are significant factors leading too growth in the market.
Global ePRO E-Patient Diaries Market: Competitive Landscape
Owing to a large number of manufacturers, the global ePRO E-patient diaries market is fragmented. Some of the key players in this market are as enumerated below-
Manufacturers in the ePRO E-patient diaries market are looking to tap into a digitally aware consumer-base, which demands sound technological solutions for day to day troubleshooting. Expansion in this market will involve knowledge and technological acquisition by mergers with smaller technological and innovation firms.
Global ePRO E-Patient Diaries Market: Key Trends and Drivers
Global ePRO E-Patient Diaries Market: Regional Analysis
North America and Europe are currently market leaders for ePRO E-Patient Diaries Market owing to robust base of technological devices in this region and a tendency to accept technological innovations in various aspects of life. Currently, 1 in 5 Americans owns a smart phone device or equivalent, hence acceptance of this therapy monitoring technology is sound, and will help regional market grow over the forecast period.
The Asia Pacific region (APAC) is expected to show the fastest growth in the future in this market given that the population is getting more aware of healthcare issues and holistic health, and the rapid outreach of technology even to the remote areas is contributing to growth further.
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