Press release
Patient Portal Market Segments, Opportunity, Growth and Forecast By End-use Industry 2022-2027
Silicon Valley, CA, Oct. 10, 2022, (Opener)-The New Report by The Insight Partners titled, 'Global Patient Portal Market Size, Share, Growth, Industry Trends, and Forecast 2022-2027, gives an in-depth analysis of the global Patient Portal market, assessing the market based on its segments like production processes, applications, and major regions. Patient Portal Market Report gives a detailed analysis of industry size, share, growth, trends, demand and forecast 2027. The Report also provides information regarding Patient Portal opportunities, development trends; future roadmap and top manufacture history it will help to your Patient Portal for great decision making. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter's Five Forces models.The patient portal market was valued at US$ 2,185.71 million in 2019 and it is projected to reach US$ 8,938.75 million by 2027; it is expected to grow at a CAGR of 18.8% during 2020-2027.
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The report also presents the country-wise and region-wise analysis of the The Insight Partners and includes a detailed analysis of the key factors affecting the growth of the market.
Sample Report further sheds light on the Major Market Players with their Sales Volume, Business Strategy and Revenue Analysis, to offer the readers an advantage over others.
The scope of Patient Portal report:
1. Global market size, supply, demand, consumption, price, import, export, macroeconomic analysis as well as segment information, including:
Region Segment:
North America: US, Canada, Mexico
APAC: China, India, Japan, South Korea, Australia, New Zealand, Southeast Asia (Indonesia, Malaysia, Myanmar, Philippines, Singapore, Thailand, Vietnam)
Europe: Germany, France, UK, Italy, Spain, Poland, Netherlands, Belgium, Czech, Russia
South America: Brazil, Argentina, Chile, Peru
MEA: South Africa, GCC, Egypt, Turkey
2. For industry chain analysis, raw material and end users information is available.
3. Global key and local players' information including SWOT analysis, company's financial figures, Patient Portal data of each company are covered.
4. Powerful market analysis tools used in the report include: Porter's five forces analysis, PEST analysis, drivers and restraints, opportunities and threatens.
5. Based year in this report is 2020; the historical data is from 2014 to 2019 and forecast year is from 2022 to 2028.
6. At last, research method and data source used in this report are shown.
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Patient Portal Market - by Product
Standalone Patient Portals
Integrated Patient Portals
Patient Portal Market - by Delivery Mode
Web-Based Delivery
Cloud-Based Delivery
Patient Portal Market - by End User
Providers
Payers
Pharmacies
Others
Patient Portal Market - by Geography
North America
US
Canada
Mexico
Europe
France
Germany
Italy
UK
Spain
Rest of Europe
Asia Pacific (APAC)
China
India
South Korea
Japan
Australia
Rest of Asia Pacific
Middle East & Africa (MEA)
South Africa
Saudi Arabia
UAE
Rest of Middle East & Africa
South America (SAM)
Brazil
Argentina
Rest of South and Central America
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Market Insights
Increasing Demand for Electronic Health Records (EHRs)
Increasing adoption of patient-centric approach by healthcare payers and rising demand for electronic health records (EHRs) are contributing to the growth of the patient portal market. EHRs are becoming increasingly popular as the digitalization 'of the healthcare industry is growing at a significant rate. As per the World Health Organization (WHO), more than 50% of upper-middle- and high-income countries have adopted national EHR systems. Governments worldwide are focusing on laying down the standards, regulations, and infrastructure for maintaining health records, which is increasing the demand for patient portals. For instance, My Health Record, a national digital health record platform in Australia, has launched "My Health Record" to ensure that most citizens have a health record by 2022. This would help all healthcare providers in the country in retrieving healthcare information available on the platform. Also, the COVID-19 pandemic has put much pressure on healthcare organizations since the beginning of 2020. However, the use of EHRs has been proven instrumental in overcoming this challenge. They have helped in recommending surge capacity to help healthcare providers prepare for the hike in patient numbers. In May 2020, the US federal government proposed the Federal Health IT Strategic Plan 2020-2025 that mandates the meaningful usage of EHR by healthcare providers.
Apart from this, increasing adoption of healthcare technologies by hospitals in emerging countries is further driving the patient portal market. For instance, in March 2019, Huawei Technologies signed a partnership agreement with Guangdong Provincial People's Hospital for building a wireless healthcare hospital in China. This would be achieved by integrating 5G, internet of things (IoT), big data, artificial intelligence (AI), and other technologies to provide accessible healthcare services and better patient-doctor relationships. Therefore, increasing adoption of the patient-centric approach, rising investment in healthcare IT infrastructure, and increasing adoption of EHRs drive the patient portal market.
Key Highlights of Report:
- Provides market definition and overview by studying objectives like market scope and market size estimation.
- Provides research methods and logic based on historic data.
- Analysis market competition, market performance worldwide, manufactures basic information, Sales, Value, Price and Gross Margin.
- Analysis on segmentation of types, applications and regions based on historical Data and market forecasts.
Regional Market Analysis:
The Patient Portal Market report includes Global and Regional market status and outlook 2022-2027. Further, the report provides break down details about each region and countries covered in the report. Identifying its sales, sales volume and revenue forecast
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East and Africa
Global Patient Portal Market 2022-2028, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Points to be Covered in this report
The Report Covers the Present Scenario and the Growth Prospects of the Global Patient Portal Market for 2022-2027. To calculate the market size, the report considers new installations or sales and subscription payments of Patient Portal.
The scope of the Report: This report centers around Patient Portal in the worldwide market, particularly in Top countries. This report segments the market on the basis of manufacturers, types, and applications.
Patient Portal Market Trends
● Growing research activities coupled with new product launches.
Patient Portal Market Drivers
● High Opportunity in the Industry
Patient Portal Market Challenges
● Complications associated with Patient Portal procedures.
Points Covered in The Report:
● The points that are discussed within the report are the major Patient Portal market players that are involved in the market such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors etc.
● The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report.
● The growth factors of the Patient Portal market are discussed in detail wherein the different end users of the market are explained in detail.
● Data and information by manufacturer, by region, by type, by application and etc., and custom research can be added according to specific requirements.
● The report contains the SWOT analysis of the Patient Portal Financing Services market. Finally, the report contains the conclusion
Delivery Mode-Based Insights
Based on delivery mode, the patient portal market is bifurcated into web-based delivery and cloud-based delivery. The web-based delivery segment held a larger share of the market in 2019. However, the cloud-based delivery segment is anticipated to register a higher CAGR in the market during the forecast period.
End User-Based Insights
Based on end user, the patient portal market is segmented into providers, payers, pharmacies, and others. The providers segment held the largest share of the market in 2019, and is estimated to register the highest CAGR in the market during the forecast period. Many healthcare providers have introduced their own patient portals as the medical industry has shifted its focus toward patient-centric care. As a result, an increasing number of patients are signing up and actively using these services. As per the Office of the National Coordinator for Health IT (ONC), over 90% of hospitals allow patients to access their medical records, with 72% of organizations giving patients full view, download, and transmit capabilities. Healthcare organizations are adopting patient portals widely, which is driving the growth of the market. In September 2019, Epic Systems collaborated with Phelps Health to provide a platform, which connects all the Phelps Health care areas into one unified electronic health record system.
Table of Contents
Chapter 1 Patient Portal Market Overview
Chapter 2 Patient Portal Market Segment Analysis by Player
Chapter 3 Patient Portal Market Segment Analysis by Type
Chapter 4 Patient Portal Market Segment Analysis by Application
Chapter 5 Patient Portal Market Segment Analysis by Sales Channel
Chapter 6 Patient Portal Market Segment Analysis by Region
Chapter 7 Profile of Leading Patient Portal Players
Chapter 8 Upstream and Downstream Analysis of Patient Portal
Chapter 9 Development Trend of Patient Portal (2022-2027)
Chapter 10 Appendix.
Continued....
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