The global Healthcare CRM market size was estimated at USD 12.4 billion in 2021 and is expected to surpass around USD 25.8 billion by 2030 and poised to grow at a compound annual growth rate (CAGR) of 8.9% during the forecast period 2022 to 2030.
Key Takeaways:
Increasing demand for structured data and automation in a healthcare organization is projected to drive market growth. The demand for healthcare-based Customer Relationship Management (CRM) is expected to get influenced by technological advances in the field of communication and Information Technology (IT). Healthcare CRM solutions were used by laboratories, medical institutions, clinics, and hospitals, during the COVID-19 pandemic, for creating and tracking medical appointments. They were also used for managing processes as well as to update patients’ visits, medical history, and bills, among others. Therefore, the pandemic had a neutral effect on the market.
The rising demand for patients to get access to early treatment using home care, virtual care, mobile monitoring, and disease monitoring applications, is expected to promote lucrative market growth over the forecast period. The market caters to various needs of both; service providers and patients (payers) such as care coordination and management, communication services, database construction, predictive services, chronic disease management, and collaborative services. Furthermore, changing dynamics and strategies of hospitals worldwide due to the severe competition are anticipated to advance the approach of customer outreach and marketing techniques. The collaboration of the government with communities of patients, providers, and payers is expected to drive growth. Direct targeted marketing or the use of social marketing is expected to grow over the forecast period. Advantages of better integration of departments, reduced cost, increased patient satisfaction, and multi-facet benefits to the administrative staff are a few of the impact rendering drivers for the adoption of these systems.
Report Scope of the Healthcare CRM Market
Report Coverage |
Details |
Market Size |
US$ 25.8 Billion by 2030 |
Growth Rate |
CAGR of 8.9% from 2022 to 2030 |
Largest Market |
North America |
Fastest Growing Market |
Asia Pacific |
Base Year |
2021 |
Forecast Period |
2022 to 2030 |
Segments Covered |
Product, application, technology, end-use and Region, |
Companies Mentioned |
Amdocs Ltd.; Microsoft; Cerner Corporation (Oracle); IBM; SAP; Accenture Plc; Allscripts Healthcare Solutions Inc.; Siemens Healthcare; Salesforce.com; Aspect Software; Talisma; Nice Systems; Verint Systems; Veeva; Accretive Health Inc. |
Product Insights
The individual and referral CRM segment held the largest revenue share of more than 46.4% in 2021. Referral healthcare is expected to be the fastest-growing segment during the forecast period owing to its increasing demand. Individuals and referrals are expected to gain the maximum amount of share during the forecast period owing to changing business models and constant demand for integration between the patient, provider, and payer. The shift from volume to value-based care is expected to drive the growth of the referral CRM space. Horizontal and vertical consolidation among hospitals and individual providers is expected to have a positive impact on individual healthcare CRM.
Application Insights
The community outreach segment dominated the market and accounted for the largest revenue share in 2021. The growth of the segment is owing to the rising use of healthcare CRM solutions for this application. The segment is further divided into community health education, services outreach/promotion, and financial donor management. Case coordination is expected to witness lucrative growth owing to centralization and automation in a healthcare organization. The segment is further classified into patient information management, pre-authorizations/eligibility, referrals, and others.
The case management segment is also expected to witness significant growth owing to increasing chronic disease and behavioral health problems. The segment is further segmented into chronic disease management and clinical trials relationship management. Case management involves coordination between primary healthcare providers, care managers, and patients for the treatment of a high-impact disease. Relationship management is also expected to witness the fastest growth owing to demand for population health management and direct marketing.
Technology Insights
The cloud-based technology dominated the market and accounted for the largest revenue share of 40.2% in 2021. The social segment is also expected to witness significant growth owing to a rise in consumerism which may lead to a more empowered patient. The mobile customer relationship management segment is expected to be the fastest-growing over the forecast period due to its rising adoption rate among physicians, pharmaceutical companies, and patients. Predictive analysis is also expected to grow owing to the rising adoption of home and virtual care. Demand for care coordination, care management, and integrated care is expected to fuel the growth of the collaborative CRM segment.
End-use Insights
The payer segment dominated the healthcare CRM market and accounted for the largest revenue share of 48.2% in 2021. Payers include insurance companies; provider includes hospitals, clinics, and various specialized facilities such as hospice care, long-term care, and life sciences companies including the pharmaceutical, biotechnological companies, and Clinical Research Organizations (CROs).
The use of the products in life science is expected to witness the fastest growth during the forecast period. This is owing to the increasing usage of healthcare CRM software by life sciences companies. The provider's segment is also estimated to witness lucrative growth over the forecast period owing to the rising use of these solutions by hospitals and clinics for patient management and appointment scheduling processes.
Regional Insights
North America dominated the market for healthcare CRM and held the largest revenue share of more than 55.4% in 2021 owing to excellent network and IT development in the region. The implementation of the Affordable Healthcare Act (2010) and supportive government initiatives such as health connect and e-health drives industry growth. In Asia Pacific, the market is expected to witness lucrative growth of around 9.9% over the forecast period owing to health care schemes drafted by the government agencies. Governments across the region are expected to spend USD 794.9 million on EHR/EMR systems by 2018 according to Wolters Kluwer.
Increasing focus on health care infrastructure and medical tourism within the region is anticipated to work towards the improvement of customer experience of the services and thereby promote growth. An increase in the aging population and rising incidence of chronic disease are expected to drive the growth of this market in Latin America. The lack of infrastructure in the public health system is driving the growth of private health management and insurance. An increase in spending, and rising population demands for improved medical services is expected to fuel the adoption of newer technologies in MEA.
Key Companies & Market Share Insights
The players are constantly involved in strategic collaborations. In September 2021, Salesforce launched the health cloud 2.0, a connected platform for delivering better safety and health for customers, communities, and employees. Industry players such as IBM, Microsoft, and SAP are now focusing more on cognitive technology and artificial intelligence to enhance the patient experience and gain a major share in the market. Some of the prominent players in the healthcare CRM market include:
Segments Covered in the Report
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Nova one advisor, Inc. has segmented the global Healthcare CRM market
By Geography
North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)
Key Points Covered in Healthcare CRM Market Study:
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
Chapter 2. Executive Summary
2.1. Healthcare CRM - Industry Snapshot and Key Buying Criteria, 2017 - 2030
Chapter 3. Healthcare CRM Market Variables, Trends & Scope
3.1. Healthcare CRM: Market segmentation
3.2 Market Lineage Outlook
3.2.1 Parent market outlook
3.2.2 Related/Ancillary Market Analysis, 2021
3.3. Healthcare CRM market size and growth prospects
3.4. Healthcare CRM: Market dynamics
3.4.1. Market driver analysis
3.4.2. Market restraint analysis
3.5. Industry Analysis - PESTL
3.5.1 Political & Legal
3.5.2 Economic & Social
3.5.3 Technology
3.6. Industry Analysis - Porters
Chapter 4. Healthcare CRM COVID-19 Impact Analysis
4.1 COVID-19 Impact Analysis
4.1.1 Disease Prevalence Analysis
4.1.2 Current Impact Analysis
4.1.3 Future Impact Analysis
4.1.4 Impact On Market Players
Chapter 5. Healthcare CRM Product Outlook
5.1. Healthcare CRM market share, by product, 2017 & 2030
5.2. Individual healthcare CRM
5.2.1. Individual healthcare CRM market estimates and forecasts, 2017 & 2030
5.3. Referral healthcare CRM
5.3.1. Referral healthcare CRM market estimates and forecasts, 2017 & 2030
5.4. Individual and referral healthcare CRM
5.4.1. Individual and referral healthcare CRM market estimates and forecasts, 2017 & 2030
Chapter 6. Healthcare CRM End-use Outlook
6.1. Healthcare CRM market share, by end-use, 2017 & 2030
6.2. Payers
6.2.1. Payers market estimates and forecasts, 2017 & 2030
6.3. Providers
6.3.1. Providers market estimates and forecasts, 2017 & 2030
6.4. Life Sciences
6.4.1. Life science market estimates and forecasts, 2017 & 2030
Chapter 7. Healthcare CRM Application Outlook
7.1. Healthcare CRM market share, by Application, 2017 & 2030
7.2. Community Outreach
7.3. Community Outreach market estimates and forecasts, 2017 & 2030
7.3.1. Community health education
7.3.1.1. Community health education market estimates and forecasts, 2017 & 2030
7.3.2. Services outreach/Promotion
7.3.2.1. Services outreach/Promotion market estimates and forecasts, 2017 & 2030
7.3.3. Financial Donor Management
7.3.3.1. Financial donor management market estimates and forecasts, 2017 & 2030
7.4. Case Coordination
7.4.1 Case coordination market estimates and forecasts, 2017 & 2030USD Million)
7.4.1.1 Patient Information Management
7.4.1.1.1 Patient information management market estimates and forecasts, 2017 & 2030
7.4.1.2 Pre-Authorizations / Eligibility
7.4.1.2.1 Pre-Authorizations/Eligibility market estimates and forecasts, 2017 & 2030
7.4.1.3 Referrals
7.4.1.3.1 Referrals market estimates and forecasts, 2017 & 2030
7.4.1.4 Others
7.4.1.4.1 Others market estimates and forecasts, 2017 & 2030
7.5. Case management
7.5.1 Case management market estimates and forecasts, 2017 & 2030
7.5.1.1 Chronic Disease Management
7.5.1.1.1 Chronic disease management market estimates and forecasts, 2017 & 2030
7.5.1.2 Clinical trials Relationship Management
7.5.1.2.1 Clinical trials market estimates and forecasts, 2017 & 2030
7.6. Relationship management
7.6.1. Relationship management market estimates and forecasts, 2017 & 2030
Chapter 8. Healthcare CRM Technology Outlook
8.1. Healthcare CRM market share, by Technology, 2017 & 2030
8.2. Cloud-based
8.2.1. Cloud-based CRM market estimates and forecasts, 2017 & 2030
8.3. Mobile
8.3.1. Mobile CRM market estimates and forecasts, 2017 & 2030
8.4. Social
8.4.1. Social CRM market estimates and forecasts, 2017 & 2030
8.5. Collaborative
8.5.1. Collaborative CRM market estimates and forecasts, 2017 & 2030
8.6. Predictive
8.6.1. Predictive market estimates and forecasts, 2017 & 2030
Chapter 9. Healthcare CRM Regional Outlook
9.1. Healthcare CRM market share, by region, 2017 & 2030
9.2. North America
9.2.1. North America healthcare CRM market estimates and forecasts, by product, Revenue , 2017 & 2030
9.2.1.1. U.S. healthcare CRM market estimates and forecasts
9.2.1.2. Canada healthcare CRM market estimates and forecasts
9.2.2. North America healthcare CRM market estimates and forecasts, by application, 2017 & 2030
9.2.2.1. U.S. healthcare CRM market estimates and forecasts
9.2.2.2. Canada healthcare CRM market estimates and forecasts
9.2.3 North America healthcare CRM market estimates and forecasts, by technology, 2017 & 2030
9.2.3.1. U.S. healthcare CRM market estimates and forecasts
9.2.3.2. Canada healthcare CRM market estimates and forecasts
9.2.4 North America healthcare CRM market estimates and forecasts, by end-use, 2017 & 2030
9.2.4.1. U.S. healthcare CRM market estimates and forecasts
9.2.4.2. Canada healthcare CRM market estimates and forecasts
9.3.Europe
9.3.1. Europe healthcare CRM market estimates and forecasts, by product, 2017 & 2030
9.3.1.1. U.K. healthcare CRM market estimates and forecasts
9.3.1.2. Germany healthcare CRM market estimates and forecasts
9.3.1.3. Spain healthcare CRM market estimates and forecasts
9.3.1.4. France healthcare CRM market estimates and forecasts
9.3.1.5. Italy healthcare CRM market estimates and forecasts
9.3.2. Europe healthcare CRM market estimates and forecasts, by application, 2017 & 2030
9.3.2.1. U.K. healthcare CRM market estimates and forecasts
9.3.2.2.Germany healthcare CRM market estimates and forecasts
9.3.2.3. Spain healthcare CRM market estimates and forecasts
9.3.2.4. France healthcare CRM market estimates and forecasts
9.3.2.5. Italy healthcare CRM market estimates and forecasts
9.3.3. Europe healthcare CRM market estimates and forecasts, by technology, 2017 & 2030
9.3.3.1. U.K. healthcare CRM market estimates and forecasts
9.3.3.2.Germany healthcare CRM market estimates and forecasts
9.3.3.3. Spain healthcare CRM market estimates and forecasts
9.3.3.4. France healthcare CRM market estimates and forecasts
9.3.3.5. Italy healthcare CRM market estimates and forecasts
9.3.4. Europe healthcare CRM market estimates and forecasts, by end-use, 2017 & 2030
9.3.4.1. U.K. healthcare CRM market estimates and forecasts
9.3.4.2.Germany healthcare CRM market estimates and forecasts
9.3.4.3. Spain healthcare CRM market estimates and forecasts
9.3.4.4. France healthcare CRM market estimates and forecasts
9.3.4.5. Italy healthcare CRM market estimates and forecasts
9.4. Asia Pacific
9.4.1. Asia Pacific healthcare CRM market estimates and forecasts, by product, 2017 & 2030
9.4.1.1. Japan healthcare CRM market estimates and forecasts
9.4.1.2. China healthcare CRM market estimates and forecasts
9.4.1.3. India healthcare CRM market estimates and forecasts
9.4.2. Asia Pacific healthcare CRM market estimates and forecasts, by application, 2017 & 2030
9.4.2.1. Japan healthcare CRM market estimates and forecasts
9.4.2.2. China healthcare CRM market estimates and forecasts
9.4.2.3. India healthcare CRM market estimates and forecasts
9.4.3. Asia Pacific healthcare CRM market estimates and forecasts, by technology, 2017 & 2030
9.4.3.1. Japan healthcare CRM market estimates and forecasts
9.4.3.2. China healthcare CRM market estimates and forecasts
9.4.3.3. India healthcare CRM market estimates and forecasts
9.4.4. Asia Pacific healthcare CRM market estimates and forecasts, by end-use, 2017 & 2030
9.4.4.1. Japan healthcare CRM market estimates and forecasts
9.4.4.2. China healthcare CRM market estimates and forecasts
9.4.4.3. India healthcare CRM market estimates and forecasts
9.5. Latin America
9.5.1. Latin America healthcare CRM market estimates and forecasts, by product, 2017 & 2030
9.5.1.1. Brazil healthcare CRM market estimates and forecasts
9.5.1.2. Mexico healthcare CRM market estimates and forecasts
9.5.2. Latin America healthcare CRM market estimates and forecasts, by application, 2017 & 2030
9.5.2.1. Brazil healthcare CRM market estimates and forecasts
9.5.2.2. Mexico healthcare CRM market estimates and forecasts
9.5.3. Latin America healthcare CRM market estimates and forecasts, by technology, 2017 & 2030
9.5.3.1. Brazil healthcare CRM market estimates and forecasts
9.5.3.2. Mexico healthcare CRM market estimates and forecasts
9.5.4. Latin America healthcare CRM market estimates and forecasts, by end-use, 2017 & 2030
9.5.4.1. Brazil healthcare CRM market estimates and forecasts
9.5.4.2. Mexico healthcare CRM market estimates and forecasts
9.6. MEA
9.6.1. MEA healthcare CRM market estimates and forecasts, by product, 2017 & 2030
9.6.1.1. South Africa healthcare CRM market estimates and forecasts
9.6.2. MEA healthcare CRM market estimates and forecasts, by application, 2017 & 2030
9.6.2.1. South Africa healthcare CRM market estimates and forecasts
9.6.3. MEA healthcare CRM market estimates and forecasts, by technology, 2017 & 2030
9.6.3.1. South Africa healthcare CRM market estimates and forecasts
9.6.4. MEA healthcare CRM market estimates and forecasts, by end-use, 2017 & 2030
9.6.4.1. South Africa healthcare CRM market estimates and forecasts
Chapter 10. Healthcare CRM - Competitive Analysis
10.1 Market Participation Categorization
10.2 Public Companies
10.2.1 Company market position analysis
10.2.2 Competitive Dashboard Analysis
10.2.2.1 Market Differentiators
10.2.3 Company Market Share/Position Analysis
10.3 Private Companies
10.3.1 List of key emerging companies
Chapter 11. Company Profile
11.1. Amdocs Ltd.
11.1.1. Company Overview
11.1.2. Financial Performance
11.1.3. Product Benchmarking
11.1.4. Strategic Initiatives
11.2. Microsoft
11.2.1. Company Overview
11.2.2. Financial Performance
11.2.3. Product Benchmarking
11.2.4 Strategic Initiatives
11.3. Cerner Corporation (Oracle)
11.3.1. Company Overview
11.3.2. Financial Performance
11.3.3. Product Benchmarking
11.3.4. Strategic Initiatives
11.4. IBM
11.4.1. Company Overview
11.4.2. Financial Performance
11.4.3. Product Benchmarking
11.4.4. Strategic Initiatives
11.5. SAP
11.5.1. Company Overview
11.5.2. Financial Performance
11.5.3. Product Benchmarking
11.5.4. Strategic Initiatives
11.6. Accenture Plc
11.6.1. Company Overview
11.6.2. Financial Performance
11.6.3. Product Benchmarking
11.6.4. Strategic Initiatives
11.7. AllScripts Healthcare Solutions Inc
11.7.1. Company Overview
11.7.2. Financial Performance
11.7.3. Product Benchmarking
11.7.4. Strategic Initiatives
11.8. Siemens Healthcare
11.8.1. Company Overview
11.8.2. Financial Performance
11.8.3. Product Benchmarking
11.8.4. Strategic Initiatives
11.9. salesforce.com
11.9.1. Company Overview
11.9.2. Financial Performance
11.9.3. Product Benchmarking
11.9.4. Strategic Initiatives
11.10. Aspect Software
11.10.1. Company Overview
11.10.2. Financial Performance
11.10.3. Product Benchmarking
11.10.4. Strategic Initiatives
11.11. Talisma
11.11.1. Company Overview
11.11.2. Financial Performance
11.11.3. Product Benchmarking
11.11.4. Strategic Initiatives
11.12. Nice systems
11.12.1. Company Overview
11.12.2. Financial Performance
11.12.3. Product Benchmarking
11.12.4. Strategic Initiatives
11.13. Verint systems
11.13.1. Company Overview
11.13.2. Financial Performance
11.13.3. Product Benchmarking
11.13.4. Strategic Initiatives
11.14. Veeva
11.14.1. Company Overview
11.14.2.Financial Performance
11.14.3. Product Benchmarking
11.14.4. Strategic Initiatives
11.15. Accretive Health Inc.
11.15.1. Company Overview
11.15.2. Financial Performance
11.15.3. Product Benchmarking
11.15.4. Strategic Initiatives