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Healthcare CRM Market Size

  • Report ID: GMI9552
  • Published Date: May 2024
  • Report Format: PDF

Healthcare CRM Market Size

Healthcare CRM market size was valued at around USD 17.9 billion in 2023 and is estimated to grow at 11.6% CAGR from 2024 to 2032. Healthcare customer relationship management (CRM) refers to the strategy, processes, and technology used by healthcare organizations to manage their interactions and relationships with patients, healthcare providers, and other stakeholders. It involves the collection, organization, and analysis of data to better understand patients' needs and preferences, improve communication and engagement, and ultimately enhance the quality of care provided.

 

The healthcare customer relationship management (CRM) market has been experiencing significant growth due to various factors such as the increasing demand for improved patient engagement, technological advancements in healthcare IT, and the need for efficient management of patient data. Healthcare CRM systems are designed to streamline communication between patients and healthcare providers, enhance patient satisfaction, and improve overall operational efficiency in healthcare organizations.
 

Furthermore, the market is also witnessing the emergence of specialized healthcare CRM solutions that address specific needs within the industry, such as patient relationship management, healthcare marketing automation, and patient outreach. With the increasing focus on patient-centered care and value-based reimbursement models, the demand for Healthcare CRM solutions is expected to continue growing in the coming years. Additionally, factors such as the adoption of electronic health record (EHR) and the integration of AI and machine learning technologies into CRM platforms are likely to drive further innovation and expansion in the market.
 

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Healthcare CRM market size was valued at USD 17.9 billion in 2023 and is estimated to grow at 11.6% CAGR from 2024 to 2032, owing to the growing focus on patient engagement.

The analytical segment in the market recorded USD 6.4 billion in 2023, driven by population health management initiatives, which aim to improve the health outcomes of entire patient populations.

The U.S. healthcare CRM market size will reach USD 16.9 billion by 2032, favored by patient-centred care initiatives, digital transformation in healthcare, regulatory compliance requirements, population health management, and improved patient experience.

Accenture plc, Actium Health, Alvaria, Creation, hc1, International Business Machines Corporation, Keona Health, LeadSquared, MediCRM.ai, Microsoft Corporation, NICE, Oracle Corporation, Salesforce, Inc., and SAP SE

Healthcare CRM Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 18
  • Tables & Figures: 340
  • Countries covered: 23
  • Pages: 220
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