The Global Patient Portal Market size is expected to reach $5.6 billion by 2025, rising at a market growth of 17.2% CAGR during the forecast period. A patient portal is a web-based access point that is linked to Electronic Health Records (EHR) systems or access points that are designed to facilitate patient access to health records. Over the portal, patients can also share and communicate their health information remotely. They allow patients to analyze various data points, including reports from physicians, tests from the study, their health history, and reviews of discharge for immunizations.
Global Patient Portal Market Size
A recent trend witnessed in the patient portal market was the implementation of cloud-based systems to share information between the doctor and the patient. Services such as on-demand video doctors are also gaining popularity for non-critical treatment. Such new tools/features in the patient portal improve collaboration between healthcare services and increase patient satisfaction. Millennials have higher expectations for easy access to health care data, user-friendly patient portals, automated physician contact, and transparency in costs. Forward-thinking providers will work to increase their digital presence by improving online reviews, enhancing their websites, and providing more robust self-service experiences for patients.
Global Patient Portal Market Share
Based on Type, the market is segmented into Integrated and Standalone. In the type segment, integrated patient portals sub-segment dominated the market in 2018. Pre-integrated patient portals are favored by healthcare professionals with respect to the growing adoption of EHRs. Integrated portals alleviate the need for a separate personalized platform to bridge the gap between doctor and patient data requirements. Based on End Use, the market is segmented into Providers, Payers and Others. Based on Mode of Delivery, the market is segmented into Cloud-based and Web-based. Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.
Free Valuable Insights: Global Patient Portal Market to reach a market size of $5.6 billion by 2025
Patient Portal Market Cardinal Matrix
The major strategies followed by the market participants are Product launches and Partnerships & Collaborations. Based on the Analysis presented in the Cardinal matrix, AllScripts Healthcare Solutions, Inc. and Cerner Corporation are some of the forerunners in the Patient Portal Market. The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Athenahealth, Inc., Cerner Corporation, Epic Systems Corporation, General Electric (GE) Co. (GE Healthcare), McKesson Corporation, Greenway Health LLC, CureMD Healthcare, NextGen Healthcare, Inc., eClinicalWorks LLC and AllScripts Healthcare Solutions, Inc.
» Collaborations, Partnerships and Agreements:
» Acquisition and Mergers:
» Product launches and Product Expansions:
Market Segmentation:
By Type
By End Use
By Mode of Delivery
By Geography
Companies Profiled
According to a new report published by KBV Research, The global Patient Portal market size is expected to reach $5.6 billion by 2025.
The major factors that are anticipated to drive the Patient Portal industry include adoption of the patient-centric approach, increasing demand for electronic health records (EHR), and expanding aging population increase the rate of chronic diseases.
Some of the key industry players are Athenahealth, Inc., Cerner Corporation, Epic Systems Corporation, General Electric (GE) Co. (GE Healthcare), McKesson Corporation, Greenway Health LLC, CureMD Healthcare, NextGen Healthcare, Inc., eClinicalWorks LLC and AllScripts Healthcare Solutions, Inc.
The North America market dominated the Patient Portal Market by Region in 2018.
The Asia Pacific region is expected to grow at the highest CAGR of 19% over the forecast period.
The expected CAGR of Patient Portal market is 17.2% from 2019 to 2025.
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