The Global Patient Portal Market is expected to grow at around 18% by 2027.
A comprehensive overview of the Patient Portal Market is recently added by UnivDatos Market Insights to its humongous database. The Patient Portal Market report has been aggregated by collecting informative data of various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the Patient Portal Market. The report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the Patient Portal Market at the global and regional levels. The Global Patient Portal Market is expected to grow at around 18% by 2027.
Market Overview
The demand for the Patient Portal market is increasing on account of the rising use of IoT in Healthcare. In 2021, healthcare-related IoT revenues amounted to US$61 billion worldwide and this number is predicted to increase to over US$135 billion by 2025. As per Data Driven Investor, 75 billion IoT devices will be used worldwide by the end of 2025. The capability of the IoT to monitor the progression of the disease and other health conditions, make it an effective tool in the healthcare sector. Recently, several IoT devices have been invented for the monitoring of the health conditions of patients remotely. For instance, smartwatches like the apple watch help to monitor the heart rate, and ADAMM (Automated Device for Asthma Monitoring and Management), a wearable asthma monitor helps to monitor the symptoms of an asthma attack before its occurrence.
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Global Patient Portal Market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.
By Type, the market is primarily bifurcated into
- Standalone Patient Portals
- Integrated Patient Portals
The Integrated Patient Portals segment dominated the market in 2020 and is expected to grow at lucrative rate during the forecasted period.
By Delivery Mode, the market is primarily segmented into
- Web-Based Delivery
- Cloud-Based Delivery
Amongst Delivery Mode, the Web-based Delivery segment accounted for the largest share in 2020, however, Cloud-Based Delivery is expected to grow at a significant CAGR during the forecast period 2021-2027.
By End-users, the market is primarily segmented into
- Providers
- Payers
- Pharmacies
- Others (Employer Groups and Government Bodies)
Amongst End-users, the Providers segment accounted for the largest share in 2020 and is expected to grow at a significant CAGR during the forecast period 2021-2027.
Patient Portal Market Geographical Segmentation Includes:
· North America (United States, Canada, Rest of North America)
· Europe (Germany, United Kingdom, France, and Rest of Europe)
· Asia-Pacific (China, Japan, India, Australia, and Rest of Asia-Pacific)
· Rest of the World
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The major players targeting the market includes
· Thermofisher Scientific
· Allscripts Healthcare Solutions, Inc.
· McKesson Corporation
· athenahealth, Inc.
· Cerner Corporation
· CureMD
· NextGen Healthcare Information Systems, LLC
· Greenway Health, LLC
· GE Healthcare
Epic Corporation Inc.
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Competitive Landscape
The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the Patient Portal Market. The major players have been analyzed by using research methodologies for getting insight views on global competition.
Key questions resolved through this analytical market research report include:
• What are the latest trends, new patterns, and technological advancements in the Patient Portal Market?
• Which factors are influencing the Patient Portal Market over the forecast period?
• What are the global challenges, threats, and risks in the Patient Portal Market?
• Which factors are propelling and restraining the Patient Portal Market?
• What are the demanding global regions of the Patient Portal Market?
• What will be the global market size in the upcoming years?
• What are the crucial market acquisition strategies and policies applied by global companies?
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