The Healthcare CRM Market Size was valued at USD 14.2 Billion in 2022 and is projected to grow from USD 15.71 Billion in 2023 to USD 35.16 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 10.60% during the forecast period (2023 - 2032).
In the ever-evolving landscape of healthcare, the adoption of advanced technologies plays a pivotal role in enhancing patient care, streamlining operations, and optimizing overall efficiency. One such technology making significant strides is Healthcare Customer Relationship Management (CRM). This sophisticated system is designed to revolutionize the way healthcare providers manage patient relationships, streamline communication, and improve overall healthcare outcomes.
Healthcare CRM, at its core, is a technology-driven solution tailored specifically for the healthcare industry to manage patient interactions, streamline processes, and improve communication among healthcare providers. This comprehensive platform integrates various functionalities, including patient engagement, data analytics, and communication management, to provide a holistic approach to healthcare services.
Market Segmentation
The healthcare CRM industry can be segmented by delivery, data type, product, application, region, and end user. Based on the transportation category, the market is segmented into ground transportation and air transportation. Functional, collaborative and analytical CRM sections fall under the scope of the data format. The equipment is divided into software and services. The market is segmented based on applications into patient management, communication modules, teaching modules, and project management. Segments such as physicians and healthcare payers fall into the end user category. By regional category, the market is segmented into North America, Europe, Asia Pacific, and Rest of the World.
Regional Classification
CRM functionality in data format is most beneficial for business growth. The largest share in the market belongs to cloud-based systems that fall into the distribution category. Among devices, the software segment makes the biggest contribution to the market. Healthcare providers account for the largest share of business growth in the end-user group. Looking at the regional group, North America dominates the market. Among applications, communication modules have the largest market growth.
Industry News
Global analysis of the healthcare CRM market confirms that it will grow at a CAGR of 13.4% by the end of 2025. Patients with chronic diseases, the elderly, advancement in technology, increasing number of hospitals and virtual care centers for people without care facilities. Visiting the hospital are some of the factors driving the growth of the industry. Factors such as lack of professional staff and lack of access to information due to strict regulations have hindered the growth of the business.
Key Players:
The healthcare CRM market players are SugarCRM (US), SAP SE (Germany), Keona Health (US), Microsoft (US), com, Inc. (US), Infor, Inc. (US), Healthgrades (US), Oracle (US), Influence Health (US), Accenture (Ireland)
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