The healthcare navigation platform global market report 2024from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Healthcare Navigation Platform Market, 2024report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size – The healthcare navigation platform market size has grown rapidly in recent years. It will grow from $10.73 billion in 2023 to $11.98 billion in 2024 at a compound annual growth rate (CAGR) of 11.6%. The growth in the historic period can be attributed to growth in investments in digital healthcare, increased digitization of healthcare infrastructure, increased demand for advanced tests and point of care devices, government initiatives to encourage healthcare it usage, increased focus on remote healthcare delivery.
The healthcare navigation platform market size is expected to see rapid growth in the next few years. It will grow to $18.69 billion in 2028 at a compound annual growth rate (CAGR) of 11.8%. The growth in the forecast period can be attributed to rise in adoption of ai technology, rising adoption of digital health solutions, increasing complexity of the healthcare system, increasing awareness of the importance of patient engagement, increasing demand for healthcare navigation platform. Major trends in the forecast period include product launch, adoption of electronic health records, adoption of cloud-based healthcare navigation platforms, investment in digital health technologies, advancements in artificial intelligence (ai) and machine learning (ml) technologies.
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Scope Of Healthcare Navigation Platform MarketThe Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Healthcare Navigation Platform Market Overview
Market Drivers -The increased focus on remote healthcare delivery is expected to propel the growth of the healthcare navigation platform market going forward. Remote healthcare delivery, also known as telehealth or telemedicine, refers to providing healthcare services to patients who are not physically present in the exact location of the healthcare provider. The increasing focus on remote healthcare delivery is driven by socioeconomic factors, evolving healthcare needs, and a broader shift towards more patient-centered, accessible, and efficient healthcare systems for improved health outcomes. Healthcare navigation platforms support remote healthcare delivery by enhancing accessibility, efficiency, personalization, and care coordination. It is a critical link between patients and healthcare providers, ensuring that remote healthcare services are delivered effectively and securely. For instance, in 2023, according to the Organisation for Economic Co-operation and Development (OECD), a France-based economic organization, teleconsultations doubled to 1.4 teleconsultations per patient per year as of 2021 with significant increases in Australia, Lithuania and Slovenia. Therefore, the increased focus on remote healthcare delivery is driving the growth of the healthcare navigation platform market.
Market Trends – Major companies operating in the healthcare navigation platform market are developing advanced technologies, such as digital front door technology, to improve patient access, increase engagement, and ensure seamless care delivery. Digital front-door technology in healthcare refers to an omnichannel customer engagement strategy that leverages technology to enhance the patient experience at various touchpoints in the healthcare journey. For instance, in September 2023, Orion Health, a New Zealand-based healthcare navigation platform, launched the Virtuoso platform. The platform’s unique feature is its multichannel interface, which offers patients a single point of contact with the health system. It includes an AI-enhanced symptom-assessment tool that guides users to more targeted information and advice on available care.
The healthcare navigation platform market covered in this report is segmented –
1) By Type: Cloud Based, On-Premises
2) By Application: Animal, People
3) By End User: Large Enterprises, Small And Medium Enterprises (SMEs)
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Regional Insights –
North America was the largest region in the healthcare navigation platform market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the healthcare navigation platform market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies – Major companies operating in the healthcare navigation platform market are Alight Solutions LLC, Collective Health Inc., BenefitMall Inc., Sharecare Inc., Accolade Inc., Vera Whole Health Inc., Spring Health, Castlight Health Inc., Hinge Health Inc., Rally Health Inc., Benefitfocus Inc., Included Health LLC, Health Advocate Inc., Quantum Health, Welltok Inc., Grand Rounds Health, CloudMD Software Services Inc., HealthJoy, Maestro Health Inc., Buoy Health Inc., Evive, Brightside Health Inc., Springbuk Inc., PlanSource Inc., Accresa, Transparent Hands
Table of Contents
1. Executive Summary2. Healthcare Navigation Platform Market Report Structure3. Healthcare Navigation Platform Market Trends And Strategies4. Healthcare Navigation Platform Market – Macro Economic Scenario5. Healthcare Navigation Platform Market Size And Growth…..27. Healthcare Navigation Platform Market Competitor Landscape And Company Profiles28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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