SEATTLE, July 20, 2021, (MEDGADGET) — Global Patient Portal Software Market Analysis
Overview
Consumer portals are web-based software used in the healthcare sector to keep track of health-care provider appointments, test outcomes, billing, orders, and other information that improves patient-provider engagement. These gateway systems can be evaluated across the internet by accessing a website or program, allowing patients to view data via their cell phones, laptops, and other devices from any location and at any time. Patient portal systems can be divided into two categories: isolated and combined. Standalone services are any specific tool for patient interaction, while centralized services can be used for various purposes or to offer a one-stop approach for services such as appointment scheduling, medical billing, e-prescriptions, patient history management, and more.
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Drivers
The global patient portal software market is anticipated to grow due to the introduction of new patient portal systems.
In order to broaden their offerings in the market, key market players are conducting research and development and launching new products. Brightree, a cloud-based tech company, launched Patient Hub in 2018 to personalize the patient experience and boost sales for HME (home medical equipment) providers. Patient Hub is a patient experience technology that makes connecting with patients easier for HME providers.
Furthermore, Habersham Medical Center announced the introduction of a new electronic medical record system, or patient portal, in July 2014, which will enable patients to store and view their records from their personal computers, as well as send it to other healthcare facilities, which is something that other patient portals do not allow. Such devices are supposed to assist patients in resolving challenges and allowing them to conveniently view and exchange information, which will propel growth of the global patient portal software market.
Patient portal software is in high demand due to increased awareness and user-friendly functionality, which is expected to fuel growth of the global patient portal software market during the forecast period.
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The global patient portal software market is projected to grow as more people become aware of them. The patient portal platform is simple and straightforward to use, which is why both consumers and healthcare providers are using it. This patient portal initiative can be used to make appointments, keep track of a patient’s medical records, view lab reports, and generate electronic prescriptions, among other things. As per the UNICEF (United Nations International Children’s Emergency Fund), 30 percent of patients in the U.S. used patient registry apps in 2015, up from 12 percent in 2014.
Restraints
Privacy issues about personal information contained in the software, such as lab report results, are expected to limit growth of the global patient portal software market.
Data privacy and security concerns, such as data leaks and breaches, are projected to stifle growth of the global patient portal software market.
The global patient portal software market was estimated at US$ 1,143.1 million in 2018 and is projected to grow at a 7.6% CAGR during the forecast period (2019-2027).
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Regional analysis
Due to increased government efforts to improve patient care in the United States, such as the ‘Putting I in Health IT’ campaign, North America is predicted to have a leading spot in the global patient portal software market (using IT in healthcare to enhance patient care service). The US Department of Health and Human Services launched a training module called “Using Patient Portals to Enhance Patient and Family Engagement” in August 2013. This module covers everything you need to know about using patient portals to improve patient and family interaction. The training curriculum is designed to assist RECs (Regional Extension Centers) in their work with qualifying providers (EPs are healthcare providers who specialize in electronic medical records) by offering patient portal training.
Due to rising digitalization and technological advances, Asia Pacific is the fastest growing market and is expected to expand significantly over the forecast period. Investments in digital technology and a favorable regulatory climate, for example, have aided in increasing Internet adoption in the healthcare sector, according to the Digital survey in Asia Pacific 2017. In 2018, Asia Pacific contributed about 51% of global Internet users who browse applications and websites via a variety of online channels.
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Key Players
Major companies contributing in the global patient portal software market are Nextgen Healthcare Information Systems LLC, Curemd Healthcare, Cerner Corporation, Napier Healthcare Solutions, Inc., PrognoCIS, Eclinicalworks LLC, Allscripts Healthcare Solutions Inc., Medfusion Inc., Greenway Health LLC, Athenahealth Inc., and GE Healthcare.
Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Portal Type
- Market Snippet, By Software Mode
- Market Snippet, By End User
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Novel Product Launches/Approvals
- Acquisitions and Partnerships
- Technological Advancements
- Regulatory Scenario
- Reimbursement Scenario
- Product Recalls
- PEST Analysis
- Porter’s Analysis
- Market Dynamics
- Global Patient Portal Software Market, By Portal Type, 2016 – 2027 (US$ Mn)
- Introduction
- Market Share Analysis, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, 2017–2027
- Segment Trends
- Integrated
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Standalone
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Introduction
- Global Patient Portal Software Market, By Software Mode, 2016 – 2027 (US$ Mn)
- Introduction
- Market Share Analysis, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, 2017–2027
- Segment Trends
- Web /Cloud-based
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- On-Premise
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Introduction
- Global Patient Portal Software Market, By End User, 2016 – 2027 (US$ Mn)
- Introduction
- Market Share Analysis, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, 2017–2027
- Segment Trends
- Hospitals & Clinics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016– 2027, (US$ Mn)
- Home care service
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Ambulatory service
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Introduction
- Global Patient Portal Software Market, By Region, 2016 – 2027 (US$ Mn)
- Introduction
- Market Share Analysis, By Region, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, For Regions, 2017–2027
- North America
- Market Size and Forecast, By Portal Type, 2016 – 2027 (US$ Mn)
- Market Size and Forecast, By Software Mode, 2016 – 2027 (US$ Mn)
- Market Size and Forecast, By End User, 2016 – 2027 (US$ Mn)
- Market Size and Forecast, By Region, 2016 – 2027 (US$ Mn)
- U.S.
- Canada
- Europe
- Market Size and Forecast, By Portal Type, 2016 – 2027 (US$ Mn)
- Market Size and Forecast, By Software Mode, 2016 – 2027 (US$ Mn)
- Market Size and Forecast, By End User, 2016 – 2027 (US$ Mn)
- Market Size and Forecast, By Region, 2016 – 2027 (US$ Mn)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Market Size and Forecast, By Portal Type, 2016 – 2027 (US$ Mn)
- Market Size and Forecast, By Software Mode, 2016 – 2027 (US$ Mn)
- Market Size and Forecast, By End User, 2016 – 2027 (US$ Mn)
- Market Size and Forecast, By Region, 2016 – 2027 (US$ Mn)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast, By Portal Type, 2016 – 2027 (US$ Mn)
- Market Size and Forecast, By Software Mode, 2016 – 2027 (US$ Mn)
- Market Size and Forecast, By End User, 2016 – 2027 (US$ Mn)
- Market Size and Forecast, By Region, 2016 – 2027 (US$ Mn)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Africa
- Market Size and Forecast, By Portal Type, 2016 – 2027 (US$ Mn)
- Market Size and Forecast, By Software Mode, 2016 – 2027 (US$ Mn)
- Market Size and Forecast, By End User, 2016 – 2027 (US$ Mn)
- Market Size and Forecast, By Region, 2016 – 2027 (US$ Mn)
- Central Africa
- South Africa
- North Africa
- Middle East
- Market Size and Forecast, By Portal Type, 2016 – 2027 (US$ Mn)
- Market Size and Forecast, By Software Mode, 2016 – 2027 (US$ Mn)
- Market Size and Forecast, By End User, 2016 – 2027 (US$ Mn)
- Market Size and Forecast, By Region, 2016 – 2027 (US$ Mn)
- GCC
- Israel
- Rest of Middle East
- Introduction
- Competitive Landscape
- Heat Map Analysis
- Company Profiles
- Section
- References
- Research Methodology
- About us and Sales Contact
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