17-Jan-2020 | Zion Market Research
Zion Market Research has published a new report titled “Patient Portal Market by Platform (Integrated, Stand-alone), Deployment (Cloud-based, On-premise) and End user (Providers, Payers and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2019 – 2025”.
According to the report, global demand for Patient Portal Market was valued at approximately USD 1,895.54 Million in 2018, and is expected to generate revenue of around USD 5,539.43 Million by end of 2025, growing at a CAGR of around 16.6% between 2018 and 2025.
Browse the full “Patient Portal Market: by Platform (Integrated, Stand-alone), Deployment (Cloud-based, On-premise) and End user (Providers, Payers and Others) – Global Industry Perspective Comprehensive Analysis and Forecast, 2019-2025” Report at https://www.zionmarketresearch.com/report/patient-portal-market
A Patient Registry is an online portal that helps to maintain all patient data. Doctors, medical practitioners and pharmacists can use this website at all times and in all countries. This helps the patient interact with health care provider. Basic information on the patient page includes information on recent medical visits, discharge summaries, health history, chronic diseases, current medications, chronic disease diagnosis, vaccination records, allergies, and laboratory test results. Most patient portals offer value-added features, such as exchanging patient information with health care providers, scheduling medical visits, requesting replacement medication, checking benefits and coverage from various insurance policies, updating personal information, making payments, ordering products, downloading and completing documents, and accessing educational and disease awareness materials. The patient portals integrates data about the patient that aids the health care provider act accordingly and offers effective treatment and monitor the patient's health. Patient portals are inexpensive and are even easily accessible, thereby enhancing the health and safety of patients. Such portals are useful in emergencies when a patient is unconscious and for routine check-ups which reduce both the patient's time and the doctor.
There are a number of factors expected to drive patient portal market growth, such as rising rates of adoption of healthcare, technological advancement, understanding of preserving health data in developing countries and increased demand for EHR.
The market for Patient Portal is segmented based on platform, deployment, end user, and region. Based on Platform, the market is segmented into integrated, and Stand-alone. The type segment was dominated by integrated patient portals in terms of revenue share in 2018. Pre-integrated patient interfaces are preferred by healthcare professionals with respect to the growing adoption of EHRs. Integrated portals remove the need for a separate personalized platform to bridge the gap between doctor and patient data requirements.
Based on the Deployment segment, the market is divided into Cloud-based, and On-premise. Cloud-based patient portals held a majority of revenue-related market share in 2018. Some of the factors responsible for increasing the adoption of cloud-based patient portals are technological advancements, improved efficiency, comfort, and affordability.
Based on the End user segment, the market is classified into Providers, Payers and Others. Healthcare providers held a major share in the end user segment of the patient portal market. In addition, providers are expected to be the fastest growing segment over the forecast period. The rise in government initiatives focused on improving patient service delivery is a key factor in market growth.
Regional segmentation includes the current and forecast demand for Asia Pacific, North America, Latin America, Europe, and Middle East & Africa with its further bifurcation into major countries. North America retained a majority market share in 2018, due to technological advances in healthcare IT. Asia Pacific is expected to experience the fastest growth as a result of improved health infrastructure and increased spending over the forecast period.
Some of the players included in Patient Portal market are Allscripts Healthcare Solutions, athenahealth, Inc., Cerner Corporation, CureMD, Epic System Company, GE Healthcare, McKesson Corporation and Medfusion amongst others.
The report segments global Patient Portal market as follows:
Global Patient Portal Market: Platform Segment Analysis
Global Patient Portal Market: Deployment Segment Analysis
Global Patient Portal Market: End user Segment Analysis
Global Patient Portal Market: Regional Segment Analysis
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