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The global patient experience technology market was valued at USD 2.99 Billion in 2023, driven by rising adoption of cloud-based solutions across the globe. The market is anticipated to grow at a CAGR of 16.98% during the forecast period of 2024-2032, with the values likely to reach USD 12.27 Billion by 2032.
Base Year
Historical Year
Forecast Year
Technology in healthcare for patient experience utilizes digital instruments to enhance patient engagement and contentment. It consists of customized healthcare applications, virtual medical consultations, evaluation mechanisms, and access to health information to improve interaction and patient involvement. This market changes how patients engage with healthcare services by providing features such as booking appointments and accessing digital health records. Healthcare providers can simplify procedures, enhance communication, and enable patients to improve results and cost reductions using these technologies.
Rising Adoption of Cloud-Based Solutions to Affect the Market Growth
The market growth is being influenced by the rising utilization of cloud-based solutions. For instance, in March 2024, Sun River Health enhanced efficiency and patient satisfaction by moving to a cloud-based platform with RingCentral, highlighting the advantages of CCaaS and partnerships for upgrading patient experience operations.
The market is witnessing several trends and developments to improve the current scenario. Some of the notable trends are as follows:
The market report offers a detailed analysis of the market based on the following segments:
Market Breakup by Technology
Market Breakup by Facility Type
Market Breakup by End User
Market Breakup by Region
Segmentation Based on Facility Type to Witness Substantial Growth
Based on the facility type, the market is divided into acute, post-acute, and non-acute care facilities. Acute care facilities are expected to lead and dominate the market during the forecast period because of the growing utilization of patient experience technologies and the aging population.
The market is divided into regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America, being the biggest healthcare market leads with advanced infrastructure, followed by Europe with high utilization of patient experience technologies. The Asia Pacific market is growing rapidly because of its large and fast-growing population that has a rising need for healthcare services.
The key features of the market report comprise patent analysis, grants analysis, funding and investment analysis, and strategic initiatives by the leading players. The major companies in the market are as follows:
Press Ganey Associates is a healthcare firm that creates and disperses surveys to measure patient satisfaction. They provide a complete system for managing patient experiences, including tools for gathering and analyzing data.
Qualtrics is based in Seattle and Provo, with its headquarters located in the United States. It focuses on pat...
Stryker Corporation is a significant player in the market. In May 2024, the company launched a new Customer Ex...
Philips is a tech company that develops a variety of medical and consumer electronic systems. They offer servi...
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other key players in the market include GetWellNetwork, Inc., Medallia, Inc., CipherHealth Inc., Oneview Healthcare PLC, Epic Systems Corporation, and Hexa Healthcare Private Limited.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2017-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Technology |
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Breakup by Facility Type |
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Breakup by End User |
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Breakup by Region |
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Market Dynamics |
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Supplier Landscape |
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Companies Covered |
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