Published Date: 28-Feb-2022
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According to a new report Global Healthcare Digital Experience Platform Market, published by KBV research, The Global Healthcare Digital Experience Platform Market size is expected to reach $2,.1 billion by 2027, rising at a market growth of 12.8% CAGR during the forecast period.
The Platform (without services) market acquired maximum revenue share in the Global Healthcare Digital Experience Platform Market by Component 2020, thereby, achieving a market value of $1.189 billion by 2027. The growing trend toward digitalization, which is predicted to enhance the use of digital experience platforms among startups and large multinational healthcare firms, particularly in developed nations, is responsible for the growth of the segment. Furthermore, during the pandemic, the growing need to retain existing clients amid increased competition is expected to encourage the development of digital experience platforms by healthcare institutions.
The Business-to-Consumer (B2C) market is generating high revenue in the Global Healthcare Digital Experience Platform Market by Application 2020, thereby, achieving a market value of $1.1 billion by 2027. Numerous healthcare organizations are adding new features to their existing digital experience platform offerings, with the goal of growing platform adoption across numerous business domains through new product launches. Organizations may discover and forecast early customer attrition rates, improve the patient engagement experience, and raise patient/consumer retention rates due to new capabilities like customer behavior analytics.
The On-premises market shows highest growth rate of 11% during (2021 - 2027). It is because of the high-end data protection offered by this deployment. On-premises deployment of healthcare digital experience platforms makes it easier to comply with local government requirements and gives large healthcare enterprises more control over their sensitive data.
The North America market is fastest growing region in the Global Healthcare Digital Experience Platform Market by Region 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $709.9 million by 2027. The Europe market is expected to witness a CAGR of 12% during (2021 - 2027). Additionally, The Asia Pacific market is expected to witness a CAGR of 14.6% during (2021 - 2027).
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 SoftServe, Inc., Oneview Healthcare, PLC, Optimizely, Inc., Sitecore, Inc., Adobe, Inc., IBM Corporation, Accenture PLC, Cognizant Technology Solutions Corporation, Liferay, Inc., and Wipro Limited.
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