Healthcare CRM Market Growing at 14.6% CAGR to 2023, Dominated by Advanced Healthcare Solutions- ReportsnReports

Tuesday, December 11, 2018 General News
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PUNE, India, December 11, 2018 /PRNewswire/ --

The report provides a picture of the global healthcare CRM market.

It aims at estimating the market size and future growth potential of this market across different segments, which include components, deployment modes, functionalities, end users, and regions.

The healthcare CRM market is estimated to reach

USD 17.4 billion by 2023 from USD 8.8 billion in 2018, at a CAGR of 14.6% during the forecast period. CRM is a customer-focused business strategy designed to optimize profitability and customer satisfaction. CRM offers a wide range of benefits to its users, which drives the growth of the healthcare CRM market.

Browse 62 Market Data Tables and 34 Figures spread through 121 Pages and in-depth TOC on "Healthcare CRM Market by Component (Software, Service), Delivery (On premise, Cloud, Public, Private, Hybrid), End user (Hospital, ASC, Payers, Life Science), Functionality (CSS, Marketing, Sales, Digital Marketing, AI, Analytics) - Global Forecast to 2023" https://www.reportsnreports.com/reports/1774039-healthcare-crm-market-by-component-software-service-delivery-on-premise-cloud-public-private-hybrid-end-user-hospital-asc-payers-life-science-functionality-css-marketing-sales-digital-marketing-st-to-2023.html .

The healthcare CRM report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, recent developments, and key market strategies. Increased focus on patient engagement also contributes to the growth of the market.

Industry growth can largely be attributed to the benefits of CRM solutions, such as the easy arrangement of customer data & interactions and the simplification of business processes such as customer service and support, marketing, sales, and digital marketing.

The healthcare CRM market is segmented into North America, Europe, Asia, and the Rest of the World (RoW). North America, segmented into the US and Canada, is estimated to hold the largest share of this market in 2018. However, the Asian market is expected to register the highest growth in the market during the forecast period.

Get More Information on "Healthcare CRM Market by Component (Software, Service), Delivery (On premise, Cloud, Public, Private, Hybrid), End user (Hospital, ASC, Payers, Life Science), Functionality (CSS, Marketing, Sales, Digital Marketing, AI, Analytics) - Global Forecast to 2023" Report at https://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=1774039 .

The key players in the healthcare CRM market are Salesforce.com, Inc. (US), SAP SE (Germany), Oracle (US), Microsoft (US), IBM (US), Influence Health (US), SugarCRM (US), Accenture (Ireland), Healthgrades (US), and Infor, Inc. (US). Salesforce (US) was the leading player in the healthcare CRM market, with a share of 22% in 2017.

The healthcare CRM market is segmented into North America, Europe, Asia, and the Rest of the World (RoW). North America, segmented into the US and Canada, is estimated to hold the largest share of this market in 2018. However, healthcare reforms in North American countries, market saturation due to high competition, and decreasing hospital budgets are likely to hinder market growth.

The primary interviews conducted for this report can be categorized as follows: 

  • By Company Type: Tier 1 (44%), Tier 2 (36%),and Tier 3 (20%)
  • By Designation: C-level (22%), D-level (28%),and Others (50%)
  • By Region: North America (48%),Europe (21%),Asia (26%), and RoW (5%)

Order a copy of "Healthcare CRM Market by Component (Software, Service), Delivery (On premise, Cloud, Public, Private, Hybrid), End user (Hospital, ASC, Payers, Life Science), Functionality (CSS, Marketing, Sales, Digital Marketing, AI, Analytics) - Global Forecast to 2023" research report at https://www.reportsnreports.com/purchase.aspx?name=1774039 .

Healthcare CRM market is segmented into customer service and support, marketing, sales, digital marketing, and other functionalities. In 2018, the customer service and support segment is expected to account for the largest market share. The report also helps stakeholders understand the pulse of the market and provides them with information on the key market drivers, restraints, challenges, and opportunities.

Key Benefits of Buying the Report: 

Report will help leaders/new entrants in this market by providing them closest approximations of revenue numbers for the overall healthcare CRM market and its sub segments. Growing focus on patient engagement, rising pressure on healthcare organizations to reduce costs, & importance of ensuring customer satisfaction are major factors responsible for large share of this segment. This report will help stakeholders to better understand competitor landscape and gain more insights in order to better position their businesses and make suitable go-to-market strategies.

Get 10% Discount Now on Following Reports 

The healthcare analytics market is expected to reach USD 29.84 billion by 2022 from USD 8.92 billion in 2017, at a CAGR of 27.3%. The healthcare analytics market is highly competitive with several big and small players. Prominent players in the global market include Allscripts (US), Cerner (US), Health Catalyst (US), IBM (US), Inovalon (US), McKesson (US), MedeAnalytics (US), Optum (US), Oracle (US), SAS (US), Wipro (India), Verscend (US), CitusTech (US), VitreosHealth (US), and SCIO Health (US) have been profiled in this 362 pages research report available now at https://www.reportsnreports.com/contacts/discount.aspx?name=208654 .

Patient engagement solutions market estimated to register at CAGR from 2017 to 2022, to reach USD 18.68 billion. Report analyzes patient engagement solutions & aims at estimating market size & future growth potential of market based on various segments like components, therapeutic area, application, end user, & region. Some of major players in patient engagement solutions market include McKesson Corporation (US), Allscripts (US), IBM (US), Athena health (US), Cerner Corporation (US), & Orion Health (New Zealand) report available with 177 pages now available with discount at https://www.reportsnreports.com/contacts/discount.aspx?name=298660 .

About Us: 

ReportsnReports.com is an online market research reports library of 500,000+ in-depth studies of over 5000 micro markets. Not limited to any one industry, ReportsnReports.com offers research studies on agriculture, energy and power, chemicals, environment, medical devices, healthcare, food and beverages, water, advanced materials and much more.

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