Unlocking the Future of the AI In Patient Engagement Market: Growth Rate, Key Trends, and Opportunities for 2025-2034
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Analyzing the Growth Rate of the AI In Patient Engagement Market: What’s the Expected CAGR for the Next Decade?
Over the past few years, the market size for AI in patient engagement has seen incredible expansion. It’s projected to increase from $7.67 billion in 2024 to $9.34 billion in 2025, registering a compound annual growth rate (CAGR) of 21.8%. Factors driving this growth during the historical period can be linked to improved methods of patient communication, a surge in demand for customized healthcare, the escalating use of wearable devices, a heightened emphasis on patient-focused care, augmented data security protocols, and an increase in occurrences of chronic illnesses.
The market size of AI in patient engagement is projected to witness significant growth in the upcoming years. The market is predicted to reach $20.6 billion by 2029 with a Compound Annual Growth Rate (CAGR) of 21.8%. The projection is linked to the rapid assimilation of AI in healthcare structures, expansion in telehealth services, enhanced focus on remote patient observation, consistent progress of AI-enabled chatbots, and a rise in health data analytics. The predicted period will see major trends like the utilization of AI in patient care for predictive analysis, the incorporation of AI in Electronic Health Record (EHR) systems, persisting technological advancements in AI, personalized healthcare solutions, and progress in natural language processing (NLP).
What Are the Primary Drivers Supporting the Growth of the ai in patient engagement Market?
Anticipated growth in the AI patient engagement market can be attributed to the surging need for personalized healthcare solutions. This type of care, which involves medical treatments and preventative methods tailored to a patient’s medical history, genetic data, specific conditions, and diagnostic results, often employs AI to enhance patient engagement. AI is utilized in personalized healthcare to leverage data analytics and machine learning for customization of treatments and prediction of patient outcomes and to optimize care plans based on individual genetic, lifestyle, and clinical parameters. As an example, the Food and Drug Administration’s Center for Drug Evaluation and Research (CDER), as reported by the US-based Personalized Medicine Coalition, an entity representing innovators, scientists and patients, approved 37 new molecular entities (NMEs) in 2022. Of these, 35 NMEs are therapeutic, with 12 classified as personalized medicines by the Personalized Medicine Coalition (PMC). Thus, the increasing demand for personalized healthcare solutions is guiding the expansion of AI in the patient engagement market.
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What Are the Leading Organizations Impacting the AI In Patient Engagement Market’s Growth?
Major companies operating in the AI in patient engagement market report are:
• ZS Associates_x000D_
• Health Catalyst_x000D_
• Viz.ai_x000D_
• Ada Health_x000D_
• Zocdoc_x000D_
What Are the Most Prominent Trends Driving Change in the AI In Patient Engagement Market?
Prominent organizations functioning within the AI patient engagement market are advancing their offerings by incorporating state-of-the-art technologies, such as AI patient engagement instruments, to establish a competitive advantage. These AI-based patient engagement tools aim to enhance communication, deliver personalized healthcare, and actively engage patients in managing their own health. For example, in October 2023, ZS Associates, a firm offering management consulting services based in the US, introduced the ZAIDYN Connected Health solution. This all-inclusive patient engagement platform merges AI-enabled virtual aides, tailored messaging, and actionable insights to elevate the quality of patient care and experience. The platform’s design aims to aid healthcare institutions in scaling personalized assistance across all care points, ensuring the provision of pertinent and timely data and resources to patients.
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Which Growth-Oriented Segments of the AI In Patient Engagement Market Are Leading the Industry’s Development?
The AI in patient engagement market covered in this report is segmented –
1) By Technology: Chatbots, Natural Language Processing (NLP), Computer Vision
2) By Delivery Type: Cloud-Based, On-premise
3) By Therapeutic Area: Health And Wellness, Chronic Disease Management, Other Therapeutic Areas
4) By Application: Outpatient Health Management, In-Patient Health Management, Population Health Management, Other Applications
5) By End-Use: Providers, Payers, Other End-Uses
Subsegments:
1) By Chatbots: Virtual Health Assistants, Appointment Scheduling Bots, Symptom Checkers
2) By Natural Language Processing (NLP): Text Analysis Tools, Sentiment Analysis Applications, Voice Recognition Systems
3) By Computer Vision: Image Analysis for Diagnostics, Patient Monitoring Systems, Augmented Reality For Medical Training
What Regions Are Leading the Charge in the AI In Patient Engagement Market?
North America was the largest region in the AI in patient engagement market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the AI in patient engagement market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does the Definition of the AI In Patient Engagement Market Include?
AI in patient engagement refers to the use of artificial intelligence (AI) technologies to improve patient care, enhance patient experience, and promote health equity. AI can be leveraged in various ways to engage patients, such as providing online support and education, automating reminders and alerts, providing personalized health information, and analyzing patient data to identify trends and patterns and optimize healthcare delivery.
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