Healthcare CRM Market to be Worth $30.6 Billion by 2030: Grand View Research, Inc.
SAN FRANCISCO, Sept. 21, 2022 /PRNewswire/ -- The global Healthcare CRM market size is anticipated to reach USD 30.6 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a lucrative CAGR of 8.4% from 2022 to 2030. The use of CRM helps healthcare organizations to streamline their workflow and better manage patient care. It also helps in reducing the cost and increasing efficiency. Moreover, unpreparedness for the global COVID 19 pandemic has further heightened the need for digitized interoperability solutions providing faster and more effective results.
Key Industry Insights & Findings from the report:
Read 150-page market research report, "Healthcare CRM Market Size, Share & Trends Analysis Report By Functionality, By Deployment Mode (On-premise Model, Cloud/Web-based Model), By End-use, By Region, And Segment Forecasts, 2022 - 2030", published by Grand View Research.
Healthcare CRM Market Growth & Trends
The rising adoption of EHR, in developed as well as developing economies is anticipated to provide this market with a lucrative growth platform in the coming few years.
Vitally impacting drivers for the industry include a rapidly growing percentage of an aging population, a rise in chronic disease incidence, and the advancement of new technology. Demand for operational efficiency in a healthcare organization, adoption of home care/ virtual care, and the big data revolution is also contributing to the growth of the market According to a study by Deloitte, 62.0% of patients are comfortable with online consultation with a doctor. The shift from volume to value-based care and the rise of consumerism in healthcare is also expected to contribute significantly to the growth of the market.
Market players adopt strategies such as Deployment mode launches, collaborations, partnerships, and mergers and acquisitions to strengthen their industry position. For instance, in September 2019, GetWellNetwork and Cerner partnered to narrow the gaps between providers and patients from inpatient to outpatient settings and the home. This partnership was aimed at providing convenient access and consumer engagement. Also, in August 2021, Zoho corporation introduced its brand-new Canvas Zoho CRM, a unique creative studio for CRM customization. Canvas makes the CRM user experience consumer-level simple by utilizing a no-code design studio, and increasing CRM adoption rates.
Healthcare CRM Market Segmentation
Grand View Research has segmented the Healthcare CRM market on the basis of Functionality, Deployment mode, End Use, and region:
Healthcare CRM Market - Functionality Outlook (Revenue, USD Billion, 2017 - 2030)
Healthcare CRM Market - Deployment mode Outlook (Revenue, USD Billion, 2017 - 2030)
Healthcare CRM Market - End Use Outlook (Revenue, USD Billion, 2017 - 2030)
Healthcare CRM Market - Regional Outlook (Revenue, USD Billion, 2017 - 2030)
List of Key Players of the Healthcare CRM Market
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About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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