The global AI in patient engagement market to grow by astonishing 21% CAGR

Technology
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Ross Glover | Ross Glover Linkedin

Research and Markets released a report saying that the Global AI In Patient Engagement market is predicted to grow exponentially in the coming years, reaching $23.1 Billion by 2030. The study predicts the surge due to the increasing utilization of AI technologies in the healthcare sector.

Firstly, it's crucial to consider an overview of this rising trend. According to a Cision's PR Newswire article, the global AI in patient engagement market is expected to grow remarkably from now until 2030. This is driven by the growing adoption of different AI technologies in the healthcare industry. Likewise, this industry is experiencing large growth in patient engagement, primarily because of the increasing acknowledgment of the benefits and uses of AI technology, especially the benefits it can bring to the healthcare industry. These AI technologies can help enhance the experience for patients in healthcare and improve the fluidity of operations. Specifically, the COVID-19 pandemic has increased rapidity with which the healthcare industry is adopting new AI technologies in patient engagement. This is because of the growing importance of remote health solutions and telehealth consultations.

Moving forward, it's essential to examine how these technological advancements are redefining patient interactions within healthcare systems. According to a Kanini article, traditional ways of engaging with healthcare patients such as voice calls, SMS, emails and face-to-face conversations are becoming more challenging for an industry that "needs something more". AI technology may provide this solution. These technologies can offer data platforms that are much more robust and diverse, allowing quicker information ingestion and easier patient screening. Also, AI can be conversational and guide patients during emergency calls or provide live counselling equipped with relevant information.

Last but not least, some background information on Research & Markets will place their research findings into context. According to their online About Us page, Research and Markets is the world’s largest market research store, providing data and insight for over 450 clients in more than 800 different industries. Founded in 2002, it's currently headquartered next to the Guinness Brewery in Dublin, Ireland. They offer a very diverse range of data and information covering various industries from "Automotive to Telecommunications to Zoology and (almost) everything in between!"