Patient Portal Market CAGR Growing at 15.37% up to 2023 along with Allscripts Healthcare Solutions, Mckesson, Curemd Healthcare, Athenahealth, Cerner, Nextgen Healthcare Information Systems Etc Leading Players

The patient portal market is expected to register a CAGR of 15.37%. The increased adoption of patient-centric approach by healthcare payers, increase in the demand for electronic health records (EHR), rising popularity of patient portals among geriatric population and favorable government funding policies and initiatives for implementing healthcare IT solutions contribute to the market growth for patient portal market.

Rising Popularity of Patient Portals among Geriatric Population

With the growth in the older adult population, it is essential for communities to support their aging population. To this end, there has been a growing interest in the design of technologies for older adults, including technologies that can support older adults through health maintenance and health information management. However, as the elderly population grows, more geriatric population will follow the adoption of patient portals for personal health management. Therefore, the usage of electronic health records (EHRs), patient portals, and electronic personal health records (ePHRs) has increased in recent years contributing to the growth of the global market.

The other factors include increased adoption of patient-centric approach by healthcare payers, increase in the demand for electronic health records (EHR) and favorable government funding policies and initiatives for implementing healthcare IT solutions, which also contributes in the growth of the patient portal market.

Detailed Sample Copy of Updated Analysis @ https://marketprognosis.com/sample-request/15721

Key Developments in the Market

June 2017: EHR vendor Allscripts has selected the Vidyo.io platform from Vidyo, to power virtual consultations directly embedded into the Allscripts FollowMyHealth patient portal. On-demand video visits can be launched directly from the patient portal workflow, with the aim of simplifying remote consultations between physicians and patients

July 2017: Greenway Health partners with Indian Health clinic to provide EHR, practice management technology that can help improve tribal community health

The major players includes-

Allscripts Healthcare Solutions Inc., Mckesson Corporation, Curemd Healthcare, Athenahealth, Cerner Corporation, Nextgen Healthcare Information Systems LLC, GE Healthcare, Greenway Health LLC, Medfusion Inc., Eclinicalworks LLC, among others.

Request Discount on this repots @ https://marketprognosis.com/discount-request/15721

Requirement of Infrastructural Investments to Support Patient Portals

The infrastructure for handling electronic health records and electronic medical records is inadequate, particularly in the healthcare centers of the developing regions. In these areas, implementing a patient portal with no further connectivity to access EHR and EMR, is highly redundant. A patient portal might provide advantages, like cost savings by eliminating patient-physician visit and enabling e-prescriptions. But in the absence of integration with other verticals of healthcare IT, patient portals only provide limited advantages and do little in bringing down overall healthcare costs. Therefore, requirement of infrastructural investments to support patient portals is a deterrent to the growth of global patients simulators market, particularly in the developing regions of the world.

Data privacy and security concerns and high cost of implementation and deployment are also the factors, which likely impedes the growth of patient portal market.

North America Dominates the Market

North America is poised to account for the largest share of the patient portal market, following by the Europe and Asia-Pacific region. The large share of the North American patient portal market can primarily be attributed to the federal mandates in the United States, rising number of accountable care organizations in the United States, rising aging population, and digital health measures in Canada.

Enquiry Before Buying @ https://marketprognosis.com/enquiry/15721

About Market Prognosis
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

Contact us:
ProgMark Pvt Ltd,
Thane - 421501
India.
Contact No: +1 973 241 5193
Email: sales@marketprognosis.com

This release was published on openPR.