The global patient portal market size is expected to reach USD 7.0 billion by 2026, according to a new report by Grand View Research, Inc. expanding at a CAGR of 17.6% over the forecast period. The demand for Electronic Health Record (EHR) with a patient portal is expected to exhibit an upsurge over the forecast period, owing to the increasing demand, favorable government funding policies, and the continual technological advancements offered by the key industrial players.
Patient
portal technology has emerged due to introduction of the HITECH 2009 Act. It
has become crucial for healthcare providers to understand patient perspectives
in terms of health data. Patient portal solutions offer convenient usage and
better care management. In May 2016, CureMD signed a pledge of Voluntary
National Interoperability. This pledge stated that action plans to develop and
implement rapid flow in healthcare information between providers, patients, and
other concerned authorities are to be implemented.
ICON,
a global drug development and service provider, launched its online “Firecrest
Patient Portal” in 2015. This patient portal is specifically designed for
individual patients to understand their entire treatment process before
consulting the provider and view information regarding clinical trials. The portal
offers services such as online appointment registration, laboratory tests and
reports, and other necessary facilities.
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Patient Portal
Market Report Highlights
- Integrated patient portal
segment was identified as the most lucrative segment in 2018 owing to the
rapid shift of providers from their previous methods to the EHRs
- Web-based patient portals
dominated the market in 2018 in terms of market share due to improved
efficiency, affordability, and convenient user interface
- Cloud-based portals, on the
other hand, are anticipated to witness the fastest growth rate in the
coming years
- Healthcare providers held a
majority of the end use segment in the patient portal market in 2018. In
addition, providers are expected to be the fastest growing segment over
the forecast period from 2019 to 2026.
- North America dominated the
overall market in 2018 due to the technological advancements and
implementation of healthcare IT in the region. Asia Pacific is expected to
be the fastest growing segment over the forecast period.
- Some of the key players in
this market are GE Healthcare, Allscripts Healthcare Solutions, McKesson
Corporation, and Cerner Corporation. Developers are collaborating and
expanding with the aim of combining the use of innovation and technology
to improve efficiency and provide better services for the convenience of
the providers.
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Patient Portal
Market Segmentation
Grand View Research has segmented
the global patient portal market based on type, delivery mode, end use, and
region:
Type Outlook
(Revenue, USD Million; 2015 - 2026)
- Standalone
- Integrated
Delivery Mode
Outlook (Revenue, USD Million; 2015 - 2026)
- Web-based
- Cloud-based
End Use Outlook
(Revenue, USD Million; 2015 - 2026)
- Providers
- Payers
- Others
Regional Outlook
(Revenue, USD Million, 2015 - 2026)
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Asia Pacific
- Japan
- China
- India
- Australia
- Latin America
- Brazil
- Mexico
- Argentina
- Middle East & Africa
- South Africa
- Saudi Arabia
- United Arab Emirates
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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