Patient Portal Market Size, Share Global Analysis Report, 2020–2026

Industry Insights

According to the report published by Facts & Factors, the global Patient Portal market size was worth around USD 2204.7 million in 2019 and is predicted to grow around USD 6,465.63 million by 2026 with a compound annual growth rate (CAGR) of roughly 16.65% between 2020 and 2026. The report analyzes the global Patient Portal market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the Patient Portal market.

The Patient Portal market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire patient Portal market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Million) from FY 2016 – 2026.

This specialized and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of the Patient Portal industry. The report analyzes and declares the historical and current trends analysis of the Patient Portal industry and subsequently recommends the projected trends anticipated to be observed in the Patient Portal market during the upcoming years.

Key Insights from Primary Research

• Our primary respondents believed the market to witness a steady growth of 16.65% over the forecast period on account of increasing healthcare adoption rates, technological advancement, awareness of health data protection in developing countries, and increased demand for EHR.
• Some of experts predict the Integrated platform will have a significant share of market throughout the forecast period. Integrated platforms remove the need for a single, customized website to bridge the gap between the criteria for doctor and patient data.
• Cloud-based patient services kept much market share linked to sales. Some of the reasons responsible for rising cloud-based patient portals are advances in technology, improved efficiency, convenience, and affordability.
• Regionally, because of the technological advances in healthcare IT North America maintained a large market share in 2019. Asia Pacific is expected to experience the fastest growth in the forecast period as a consequence of improved health services and increased spending.

Key Recommendations from Analysts

• Our analysts recommend focusing on the North Americapatient portalmarket since their calculations revealed that this region turned out to be the top investment pocket across the globe owing to the fact that the region has many key players and a large end user pool.
• Increasing demand for patient portal in the Europe is likely to spur themarket growth in the near future.  This is majorly attributed to the modernization of the conventional methods, and rising renewal activities in the developing countries of the region.
• The executive summary of the report reads the total incremental opportunity underlying in the global patient portalmarket is nearly USD 3,898.92million between 2020 and 2026.

Patient portal Market

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Patient Portal Industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the Patient Portal industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the Patient Portal market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the Patient Portal industry. The Patient Portal market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the Patient Portal sector. Key strategic developments in the Patient Portal market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the Patient Portal market are appropriately highlighted in the report.

The purchasing pattern of consumers worldwide is based on evolving technology trends. The market share is largely influenced by the software sales greatly impacted by different strata of populations

The Patient Portal market research report delivers an acute valuation and taxonomy of the Patient Portal industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the Patient Portal industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the Patient Portal industry is provided for the leading economies of the world.

The Patient Portal market is segmented based on platform, deployment, end-user, and region. On the basis of platform segmentation, the market is classified into integrated, and Stand-alone. In terms of deployment segmentation, the market is bifurcated into Cloud-based, and On-premise. The end-user segment is classified into providers, payers, and others.

Report Scope

Some of the essential players operating in the Patient Portal market, but not restricted to include:

• Allscripts Healthcare Solutions
• athenahealth  Inc.
• Cerner Corporation
• CureMD
• Epic System Company
• GE Healthcare
• McKesson Corporation and Medfusion

The taxonomy of the Patient Portal industry by its scope and segmentation is as follows:

Global Patient Portal Market Platform Segment Analysis

• Integrated
• Stand-alone

Global Patient Portal Market Deployment Segment Analysis

• Cloud-based
• On-premise

Global Patient Portal Market End-user Segment Analysis

• Providers
• Payers
• Others

Regional Segment Analysis

• North America
  • U.S.
  • Rest of North America
• Europe
  • Germany
  • U.K.
  • France
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Rest of Latin America 
• Middle East and Africa