According to a new report, published by KBV research, The Global AI In Patient Engagement Market size is expected to reach $22.4 billion by 2030, rising at a market growth of 22.3% CAGR during the forecast period.
The Cloud-based segment is leading the Global AI In Patient Engagement Market by Delivery Type in 2022, thereby achieving a market value of $17.6 billion by 2030. The scalability, flexibility, and remote accessibility of cloud-based delivery have contributed to its rise, making it a great option for healthcare providers looking for affordable solutions. Cloud systems ensure the evaluation of patient data for individualized engagement by facilitating smooth data integration from several sources. Cloud-based solutions leverage powerful machine learning and AI capabilities to provide data-driven insights while fostering collaboration, connectivity, and effective communication between healthcare professionals and patients.
The NLP (Natural Language Processing) segment would exhibit a CAGR of 22.8% during (2023 - 2030). NLP can automatically extract patient data from unstructured, free-form text. Well-designed NLP systems can tag the most critical clinical data elements, including problems, social history, medications, allergies, and procedures. These systems can also evaluate text-free dictation and understand scenarios. NLP can be included in a doctor's work environment, enabling background and real-time dictation methods.
The Outpatient Health Management segment is acquiring the maximum revenue in the Global AI In Patient Engagement Market by Application in 2022, thereby achieving a market value of $9.0 billion by 2030. The most important area of AI for patient management is the outpatient sector. This segment has become a major player, influencing the direction of patient engagement products. With an emphasis on overseeing medical care outside of conventional clinical settings, it is essential to provide customized therapy, allowing monitoring from afar and improving patient relationships.
The Health & Wellness segment would showcase a CAGR of 22.7% during (2023 - 2030). Several variables, such as the growing senior population in major markets or the COVID-19 pandemic's acceleration of the adoption of digital technology, are driving the expansion of this segment. By assisting in the prevention and early identification of health issues and supporting people in maintaining their well-being, either in conjunction with healthcare providers or by supporting self-care habits, AI-driven patient engagement solutions serve a critical role in promoting health and well-being.
The Providers segment is generating the maximum revenue in the Global AI In Patient Engagement Market by End-use in 2022, thereby, achieving a market value of $9.9 billion by 2030. Healthcare professionals are the ones who see a lot of patients and operate as the first point to go for a variety of health-related problems, from routine questions to specialist advice. As a result, they make up many users that employ patient engagement solutions. Patients like it when their doctors and healthcare providers value them.
The Communication segment would register a CAGR of 20.7 % during the (2023 - 2030). Communication-focused AI systems facilitate seamless, personalized interactions between patients and medical staff, enhancing patient satisfaction and the quality of healthcare. These technologies include chatbots, virtual assistants, and telehealth systems. They facilitate real-time monitoring, health education, appointment scheduling, and prompt responses to patient concerns. Communication-focused artificial intelligence functions are transforming patient engagement tactics by enhancing accessibility, streamlining communication, and providing individualized care.
The North America region dominated the Global AI In Patient Engagement Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $10.6 billion by 2030. The Europe region is anticipated a CAGR of 22.8% during (2023 - 2030). Additionally, The Asia Pacific region is poised to grow a CAGR of 23.6% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/ai-in-patient-engagement-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Cerner Corporation, Nuance Communications, Inc., Health Catalyst, Inc., F. Hoffmann-La Roche Ltd., Ada Health GmbH, Lark Technologies, Inc., Upfront Healthcare Services, Infermedica Sp. z o.o., Aiva, Inc. and American Well Corporation (Amwell).
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