The global healthcare navigation platform market size is expected to reach USD 20.45 billion by 2032, according to a new study by Polaris Market Research. The report “Healthcare Navigation Platform Market Share, Size, Trends, Industry Analysis Report, By Deployment (On-Premise, Cloud-based); By End-use; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The demand for healthcare navigation platforms is increasing owing to the greater need for healthcare navigation platforms. This platform helps to address the growing challenges and challenging situations arising due to the complex, confusing, and ambiguous nature of the healthcare industry. Moreover, a rise in government programs encouraging the use of healthcare IT and the growing attention of industry players towards strategic developments will significantly contribute to the market throughout the forecast period. For instance, in November 2022, Quantum Health announced Quantum Health Access, an offering that provides self-insured enterprises with a flexible point of entry into the company's consumer healthcare navigation program.
The complex nature of employee benefits and the growing need for personalized benefits are two of the key drivers propelling the market growth. Moreover, the benefits of healthcare navigation tools, such as time and cost savings, as well as customized guidance, will accelerate market expansion in the coming years. Furthermore, the increasing popularity of the AI-powered health benefits navigation tool in the corporate world, coupled with the widespread use of artificial intelligence (AI), is pushing industry players to adopt new strategies, thereby fostering market growth.
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The wide range of services provided by the healthcare navigation platforms, such as the availability of digital health data, the ability to schedule and book appointments, insurance coverage checkers, and virtual consultations, are expected to fuel the demand for this platform during the forecast timeframe. Moreover, the growing need for cost reduction and increasing adoption of this platform by large enterprises worldwide is expected to propel the healthcare navigation platform market in the projected years. Furthermore, rising investment in the healthcare sector and the growing use of digital health solutions in developing countries will prove beneficial for market growth.
According to a news published by Healthcare IT News in February 2023, a recent project under the direction of the Digital Health Cooperative Research Center (an organization funded by the Australian Government) is working on the development of a care navigation platform to assist patients and healthcare professionals in navigating the mental healthcare system. Such government initiatives will help to produce care navigation tools, thereby spurring the overall market growth.
Healthcare Navigation Platform Market Report Highlights
Polaris Market Research has segmented the healthcare navigation platform market report based on deployment, end-use, and region:
Healthcare Navigation Platform, Deployment Outlook (Revenue - USD Billion, 2019 - 2032)
Healthcare Navigation Platform, End-use Outlook (Revenue - USD Billion, 2019 - 2032)
Healthcare Navigation Platform, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
Report Attributes |
Details |
Market size value in 2024 |
USD 10.89 billion |
Revenue forecast in 2032 |
USD 20.45 billion |
CAGR |
8.2% from 2024 – 2032 |
Base year |
2023 |
Historical data |
2019 – 2022 |
Forecast period |
2024 – 2032 |
Quantitative units |
Revenue in USD billion and CAGR from 2024 to 2032 |
Segments covered |
|
Regional scope |
|
Competitive Landscape |
|
Report Format |
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Customization |
Report customization as per your requirements with respect to countries, region and segmentation. |
For Specific Research Requirements |