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The patient portal market is forecasted to achieve exponential growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 19%, as per The Business Research Company’s market report!

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The Patient Portal Market Size In 2022 And Forecast

The global patient portal market is expected to grow from $3.04 billion in 2021 to $3.61 billion in 2022 at a compound annual growth rate (CAGR) of 18.7%. The global patient portal market size is expected to grow to $7.10 billion in 2026 at a CAGR of 19.1%.

The patient portal market consists of sales of web portal services by entities (organizations, sole traders, and partnerships) that are used by patients for easy access to personal health information.

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Increase In Demand For Electronic Health Records Is Driving The Growth Of The Patient Portal Market

For instance, in 2021, according to National Coordinator for Health Information Technology (ONC), an entity within the U.S Department of Health and Human Services (HHS) data, approximately 86% of non-Federal general acute care hospitals’ physicians have adopted electronic health records to treat patients. Therefore, the increasing demand for electronic health records is driving the growth of the patient portal market.

Competitive Landscape And The Regional Analysis Of The Patient Portal Market

Major players in the patient portal market are Allscripts Healthcare Solutions Inc, McKesson Corporation, athenahealth Inc, Cerner Corporation, eClinicalWorks, CureMD Healthcare, NextGen Healthcare Information Systems LLC, Greenway Health LLC, Medfusion Inc, Epic Systems Corporation Inc, General Electric (GE) Co. (GE Healthcare), InteliChart, QSI Management LLC, Optum Inc, and ZH Healthcare Inc.

Additionally, as per TBRC’s research – North America was the largest region in the patient portal market in 2021 holding the largest market share and Asia-Pacific is expected to be the fastest-growing region in the forecast period.

The Patient Portal Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the patient portal market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the patient portal market.

Product Innovation – A Key Trend In The Patient Portal Market

Major companies operating in the patient portal sector are focused on developing new product innovation solutions to strengthen their position.

Patient Portal Market Segmentation By The Business Research Company

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)

Here Are Some Reports Related To The Patient Portal Market –

Hospitals And Outpatient Care Centers Global Market Report 2022

Patient Blood Management Global Market Report 2022

Patient Monitoring Devices Global Market Report 2022

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