Report Overview

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.

2023

Base Year

2017-2023

Historical Year

2024-2032

Forecast Year

  • In April 2024, IQVIA and Apple collaborated to use Apple Watch devices for immediate patient assistance, boosting involvement and market influence.
  • In June 2024, Tampa General Hospital implemented Nuance’s DAX Copilot AI tool to enhance patient satisfaction, minimize physician administrative workload, and boost growth in the healthcare AI industry.
  • Continuing research and development endeavors to enhance choices for patient technology experience are expected to increase the market value in the forecast period.

Patient Experience Technology Market Overview

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.

Patient Experience Technology Market Growth Drivers

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.

Patient Experience Technology Market Trends

Patient Experience Technology Market Segmentation

The market report offers a detailed analysis of the market based on the following segments:

Market Breakup by Technology

  • Patient Rounding
  • Patient Experience Survey
  • Consulting Services

Market Breakup by Facility Type

  • Acute Care Facility
    • Acute Hospitals
    • Academic Medical Center
    • Military Treatment Center
    • Childrens Hospital
    • Ambulatory Surgery Center
  • Post Acute Care Facility
    • Long Term Acute Facility
    • Skilled Nursing Facility
    • Others
  • Non-Acute Care Facility
    • Physician’s Office
    • Clinics

Market Breakup by End User

  • Hospitals & Clinics
  • Ambulatory Surgical Centers (ASCs)
  • Long-Term Care Centers
  • Specialty Clinics
  • Others

Market Breakup by Region

  • North America 
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Patient Experience Technology Market Share

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.

Patient Experience Technology Market Analysis by Region

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.

Leading Players in the Patient Experience Technology Market

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 LLC

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 (part of SAP)

Qualtrics is based in Seattle and Provo, with its headquarters located in the United States. It focuses on pat...

Stryker Corporation

Stryker Corporation is a significant player in the market. In May 2024, the company launched a new Customer Ex...

Koninklijke Philips N.V.

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.

Key Questions Answered in the Patient Experience Technology Market Report

  • What was the patient experience technology market value in 2023?
  • What is the patient experience technology market forecast outlook for 2024-2032?
  • What are the regional markets covered in the EMR report?
  • What is the market segmentation based on the technology?
  • What is the market segmentation based on the facility type?
  • What is the market segmentation based on the end user?
  • What major factors aiding patient experience technology market demand?
  • How has the market performed so far and how is it anticipated to perform in the coming years?
  • What are the major drivers, opportunities, and restraints in the market?
  • What are the major trends influencing the market?
  • Which regional market is expected to dominate the market share in the forecast period?
  • Which country is likely to experience elevated growth during the forecast period?
  • Who are the key players involved in the patient experience technology market?
  • What are the current unmet needs and challenges in the market?
  • How are partnerships, collaborations, mergers, and acquisitions among the key market players shaping the market dynamics?

*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 Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

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:

  • Technology
  • Facility Type
  • End User
  • Region
Breakup by Technology
  • Patient Rounding
  • Patient Experience Survey
  • Consulting Services
Breakup by Facility Type
  • Acute Care Facility
  • Post Acute Care Facility
  • Non-Acute Care Facility
Breakup by End User
  • Hospitals & Clinics
  • Ambulatory Surgical Centers (ASCs)
  • Long-Term Care Centers
  • Specialty Clinics
  • Others
Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Market Dynamics
  • Market Drivers and Constraints
  • SWOT Analysis
  • PESTEL Analysis
  • Porter’s Five Forces Model 
  • Key Demand Indicators
  • Key Price Indicators
  • Industry Events, Initiatives, and Trends 
  • Value Chain Analysis
Supplier Landscape
  • Market Structure
  • Company Profiles
    • Financial Analysis
    • Product Portfolio
    • Demographic Reach and Achievements
    • Company News and Developments
    • Certifications
Companies Covered
  • Press Ganey Associates LLC
  • Qualtrics (part of SAP)
  • Stryker Corporation
  • Koninklijke Philips N.V.
  • GetWellNetwork, Inc.
  • Medallia, Inc.
  • CipherHealth Inc.
  • Oneview Healthcare PLC
  • Epic Systems Corporation
  • Hexa Healthcare Private Limited

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