The Global Patient Experience Management Market Evaluated to Surge at $3182.62 Million by 2028

A recent study by Triton Market Research titled 'Global Patient Experience Management Market' consists of the Global Analysis and Forecasts by End-users (Providers, Payers, Pharma/Biotech/Med Device Companies), Product & Services (Product, Services), Delivery Model (On-Premise, Web-Based, Mobile-Based, Cloud-Based), and by Geography (North America, Europe, Latin America, Middle East and Africa, Asia-Pacific).

A patient's communication with doctors, nurses, and other medical staff is known as patient experience. Several patient experience software is provided to pharma, biotech, and medical organizations to enhance the overall experience.

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Triton's research report suggests that the global patient experience management market is likely to witness growth at a CAGR of 20.67% during the forecast period 2021-2028, reaping a revenue worth $3182.62 million by 2028.

Globally, mobile health is transforming the healthcare sector, offering critical services and personal data tracking remotely. Moreover, several people are adopting various health applications, wearables, and other technologies. Further, electronic health records are helping patients and healthcare providers easily access patient information. Therefore, the growing adoption of smart health applications and automation of healthcare services are motivating the growth of the patient experience management market.

However, the shortage of healthcare professionals and the lack of technology to obtain a broad evaluation of patient data are obstructing the progression of the patient experience management market.

The patient experience management market is segmented into end-users, product & services, and delivery model. Based on end-user, it is divided into providers, payers, and pharma/biotech/med device companies. The product & services segment is bifurcated into product and services. Lastly, the delivery model is divided into on-premise, web-based, mobile-based, and cloud-based.

North America is leading in the patient experience management market globally. The region's growth is mainly supported by product launches and partnerships by prominent market players in the US. Additionally, the hospitals in the country employ several technology solutions for patient management at a reduced cost. Moreover, the enhancements in patient experience have surged the revenue of hospitals. Furthermore, companies like PWC have advanced the patient experience to a large extent. Thus, such developments contribute to the growth of the patient experience management market in North America.

Levo Health, Philips Healthcare, Medstatix Inc, Change Healthcare, All Covered, Leadsquared, PWC, Q-Nomy Inc, Iqvia, Qualtrics, Aritic, Carecloud, Ecosoft Health, and Epic are renowned enterprises in the patient experience management market.

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Question & Answer: Patient Experience Management Market

Question 1: What factors are motivating the growth of the patient experience management market?
Answer: Globally, mobile health is transforming the healthcare sector, offering critical services and personal data tracking remotely. Moreover, several people are adopting various health applications, wearables, and other technologies. Further, electronic health records are helping patients and healthcare providers easily access patient information. Therefore, the growing adoption of smart health applications and automation of healthcare services are motivating the growth of the patient experience management market.

Question 2: What elements are obstructing the progression of the patient experience management market?
Answer: The shortage of healthcare professionals and the lack of technology to obtain a broad evaluation of patient data are obstructing the progression of the patient experience management market.

Question 3: Which region is leading in the patient experience management market globally?
Answer: North America is leading in the patient experience management market globally. The region's growth is mainly supported by product launches and partnerships by prominent market players in the US. Additionally, the hospitals in the country employ several technology solutions for patient management at a reduced cost. Moreover, the enhancements in patient experience have surged the revenue of hospitals. Furthermore, companies like PWC have advanced the patient experience to a large extent. Thus, such developments contribute to the growth of the patient experience management market in North America.

Question 4: Which are the renowned enterprises in the patient experience management market?
Answer: Levo Health, Philips Healthcare, Medstatix Inc, Change Healthcare, All Covered, Leadsquared, PWC, Q-Nomy Inc, Iqvia, Qualtrics, Aritic, Carecloud, Ecosoft Health, and Epic are renowned enterprises in the patient experience management market.

Related Report:
Global Artificial Intelligence (AI) in Healthcare Market - https://www.tritonmarketresearch.com/reports/artificial-intelligence-in-healthcare-market#report-overview

The global artificial intelligence in healthcare market is anticipated to surge at a CAGR of 40.48% during the estimated period of 2019-2027.

In recent years, the digital capacity of storing data has proliferated, with digital data extending every two years. Here, the world of big data consists of a huge quantum of data that requires AI for efficient maintenance.

The studied market is propelled by multiple factors, such as the rising importance of precision medicine, the widening applications of AI in genomics, and the increasing need for real-time monitoring systems.

However, uncertain regulations and reluctance among medical practitioners to adopt AI-based technologies are impeding the overall market's growth.

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