Insights into the Future Growth Potential of the Patient Portal Market 2024-2033
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What is the Expected Growth Rate of the Patient Portal Global Market Report 2024 Market from 2024 to 2033?
The patient portal market has seen rapid growth in recent years. It is expected to rise from $4.45 billion in 2023 to $5.34 billion in 2024, with a CAGR of 20.1%. This surge is driven by the increasing demand for patient engagement and self-service healthcare, regulatory incentives for the adoption of electronic health records (EHRs), an emphasis on healthcare interoperability and data exchange, improved internet and mobile device penetration, and the aging population with a growing burden of chronic diseases.
The patient portal market is expected to experience significant growth, reaching $11.14 billion by 2028 at a CAGR of 20.2%. Key drivers include AI integration for patient interactions, the expansion of telehealth, regulatory support, value-based care models, and blockchain for data security. Trends include personalized healthcare, IoT integration, predictive analytics for disease prevention, and consolidation in the market.
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What Key Factors Are Fueling the Growth of the Patient Portal Global Market Report 2024 Market?
The increasing demand for electronic health records (EHRs) is fueling the growth of the patient portal market. EHRs, representing a systematic digital collection of patient data, are widely adopted by healthcare providers. The National Coordinator for Health Information Technology data from 2021 highlights an 86% adoption rate among non-Federal general acute care hospitals’ physicians. This growing reliance on electronic health records creates a parallel demand for patient portals, facilitating secure and instant patient access to health information. As the integration of EHRs becomes more prevalent, the patient portal market is poised for sustained growth in the healthcare sector.
What Are the Major Segments of the Patient Portal Global Market Report 2024 Market?
1) By Type: Standalone Patient Portals, Integrated Patient Portals
2) By Deployment Mode: On-Premise, Cloud-Based
3) By End-Users: Providers, Payers, Pharmacies, Other End-Users (Employer Groups and Government Bodies)
What New Trends Are Transforming the Patient Portal Global Market Report 2024 Market?
Product innovation is driving the evolution of patient portals, exemplified by McKesson’s ScriptPASTM pharmacy management solution, streamlining oncology practices and improving patient access to care through efficient medication management.
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Which Regions Are Driving Growth in the Patient Portal Global Market Report 2024 Market?
North America was the largest region in the patient portal market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the patient portal market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The Patient Portal Global Market Report 2024 Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the patient portal global market report 2024 market, its market share, and analyzes key competitors along with their market positions.
The Table Of Content For The Patient Portal Global Market Report 2024 Market Include
1. Patient Portal Global Market Report 2024 Market Executive Summary
2. Patient Portal Global Market Report 2024 Market Segments
3. Patient Portal Global Market Report 2024 Market Size And Template Market Growth Rate
4. Key Patient Portal Global Market Report 2024 Market Trends
5. Major Patient Portal Global Market Report 2024 Market Drivers
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25. Key Mergers And Acquisitions In The Patient Portal Global Market Report 2024 Market
26. Top Patient Portal Global Market Report 2024 Companies
27. Patient Portal Global Market Report 2024 Market Opportunities And Strategies
28. Patient Portal Global Market Report 2024 Market, Conclusions And Recommendations
29. Appendix
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The Business Research Company offers the patient portal global market report 2024 market research report 2024 with industry size, share, segments and market growth
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