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Healthcare Navigation Platform Market Size

  • Report ID: GMI11803
  • Published Date: Oct 2024
  • Report Format: PDF

Healthcare Navigation Platform Market Size

The global healthcare navigation platform market size was valued at USD 10.3 billion in 2023 and is expected to exhibit growth at a CAGR of 8.4% from 2024 to 2032. High market growth can be attributed to the ongoing advancements in medical technology, increasing complexity of healthcare systems, growing demand for patient-centric care, and increased investment in digital health solutions, among other contributing factors.

 

Moreover, the increasing prevalence of chronic diseases, such as diabetes, cardiovascular diseases, and obesity, necessitates better management of patient care pathways. For instance, according to National Diabetes Statistics Report for 2022, diabetes affected 37.3 million individuals, or 11.3% of the population in the U.S. and it has been diagnosed in an estimated 28.7 million people. Healthcare navigation platforms facilitate the coordination of services, enabling patients to manage their conditions more effectively through tailored resources and support.
 

Furthermore, innovations in technology, including artificial intelligence in healthcare, machine learning, and mobile applications, are enhancing the capabilities of healthcare navigation platforms. These technologies enable better data analysis, personalized recommendations, and improved user experiences, driving adoption among healthcare providers and patients alike.
 

Healthcare navigation platform is a digital solution designed to assist patients in navigating the complex healthcare system. It provides personalized support and resources for accessing care, managing insurance benefits, coordinating services, and promoting overall health management, often integrating features like telehealth, appointment scheduling, and health information.
 

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The global healthcare navigation platform industry was valued at USD 10.3 billion in 2023 and is expected to grow at a CAGR of 8.4% from 2024 to 2032, driven by advancements in medical technology and increasing complexity of healthcare systems.

The cloud-based segment generated USD 7.4 billion in revenue in 2023, offering scalability and flexibility for healthcare providers to adjust services according to demand.

North America healthcare navigation platform industry recorded USD 4.2 billion in revenue in 2023 and is anticipated to grow at a CAGR of 7.8% between 2024 and 2032, driven by rapid technological advancements in telehealth, artificial intelligence, and data analytics.

Prominent players in the healthcare navigation platform industry include Accolade, Alight, Inc., Castlight Health, EdenHealth, Health Advocate, HealthJoy, Included Health, Inc., League, Inc., Quantum CorpHealth Pvt. Ltd., Quantum Health, Inc., and Rightway.

Healthcare Navigation Platform Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 123
  • Countries covered: 23
  • Pages: 125
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