The study provides forecasts and analysis for the global and regional Patient Portal markets. The report presents historical revenue data from 2016 to 2018 and forecasts revenue from 2019 to 2025. (USD Million). The analysis discusses the market’s drivers and restraints, as well as the effect they have on demand throughout the projection period. Additionally, the report analyzes global potential in the Patient Portal market. To provide readers with a thorough perspective of the Patient Portal market, we’ve included a competition landscape and an analysis of the market’s Porter’s Five Forces model. The study includes a market attractiveness analysis, in which the Platform, Deployment, End user, and regional categories are benchmarked against one another in terms of market size, growth rate, and overall attractiveness.
According to the analysis, global demand for Patient Portals was about USD 1895.54 million in 2018 and is predicted to reach approximately USD 5539.43 million by the end of 2025, expanding at a CAGR of approximately 16.6% between 2018 and 2025.
A patient registry is an online portal that assists in the storage of all patient data. This website is accessible at all times and locations to physicians, medical practitioners, and pharmacists. It facilitates communication between the patient and the health care practitioner. The patient page contains basic information such as recent doctor visits, patient history, chronic diseases, discharge summaries, current medications, prescriptions for chronic diseases, immunization and allergy information, and laboratory test results. Numerous patient portals include value-added features such as sharing patient information with health care professionals, scheduling medical appointments, requesting replacement medication, verifying benefits and coverage under various insurance plans, updating personal information, making payments, purchasing items, uploading and completing documents, and accessing educational and disease awareness materials. The patient portal consolidates patient data, enabling the health care professional to act appropriately, give effective treatment, and monitor the patient’s health. Patient portals are inexpensive and easy to use, which benefits the patient’s health and safety. These portals are effective in situations when a patient is asleep and for routine check-ups that minimize both the patient’s and the doctor’s time.
To Request a Free Sample, please visit: https://www.zionmarketresearch.com/sample/patient-portal-market
The study provides a comprehensive analysis of the Patient Portal market by segmenting it by Platform, Deployment, End User, and Region. All segments have been studied in light of current and future trends, and the market has been forecast for the years 2019 to 2025. The market is split into integrated and stand-alone platforms. In 2018, integrated patient portals dominated the type category in terms of revenue share. With the increased usage of EHRs, healthcare practitioners prefer pre-integrated patient interfaces. Integrated portals eliminate the need for a separate personalized platform to meet the data requirements of doctors and patients.
The market is segmented into Cloud-based and On-premise deployments. In 2018, cloud-based patient portals accounted for the lion’s share of revenue-related market share. Several factors contribute to the growth of cloud-based patient portal use, including technological advancements, increased efficiency, comfort, and affordability.
The market is segmented by end user into Providers, Payers, and Others. In 2018, healthcare providers dominated the end-use category of the patient interface market. Additionally, providers are predicted to increase at the fastest rate during the projection period. The growth of government programs aimed at enhancing patient care delivery is a significant element in the market’s expansion.
The geographical segmentation includes demand for products and services in North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America dominated the healthcare IT market in 2018 as a result of technical advancements. Asia Pacific is anticipated to develop at the quickest rate throughout the projection period, owing to improved health services and higher spending.
Numerous factors are likely to fuel patient portal market growth, including rising healthcare acceptance rates, technological advancement, greater awareness of the need of health data management in developing nations, and higher demand for EHR.
The global Patient Portal market is dominated by companies such as Allscripts Healthcare Solutions, athenahealth, Inc., Cerner Corporation, CureMD, Epic System Company, GE Healthcare, McKesson Corporation, and Medfusion.