Patient Portal Market (By Product, Deployment Mode and End User) is Expected to Reach 6 billion by 2025

Industry Trend Analysis
The global patient portal market is expected to be around 6 billion by 2025. The market is majorly driven by factors such as increasing adoption of electronic health record (EHR) systems by healthcare professionals, recent advancements in healthcare IT, favorable government initiatives for adoption of healthcare IT solutions and rising awareness about convenient online access to personal health information. Using patient portals, patients can easily schedule doctor’s appointments, review recent doctor visits, gain access to lab results and medications and perform other activities through an internet connection without having to travel physically to any of these locations. However, factors such as high cost of deploying patient portal solutions and issues related to data privacy can hinder the growth of patient portal market during the forecast period.

Product Outlook and Trend Analysis
Integrated patient portal segment accounted for the major share of the patient portal market in 2016. As these systems offer the convenience of performing various functions using a common interface, integrating data from other systems such as EHRs and electronic medical records (EMRs) is easily feasible. Hence, these systems are witnessing huge demand resulting in a dominant market share.

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Deployment Mode Outlook and Trend Analysis
Web-based deployment segment held a major share of the patient portal market in 2016. However, cloud-based deployment segment is projected to grow at a highest rate due to the affordability and improved efficiency of data access. As cloud based patient portals do not require costly infrastructure to be maintained at the user’s site, medium and small scale healthcare providers can largely benefit from these systems.

End User Outlook and Trend Analysis
Providers segment accounted for the largest share of the patient portal market in 2016 owing to large scale adoption of patient portals by healthcare providers for streamlining and optimizing their operations as well as for reducing the cost of healthcare. With favorable government initiatives for adoption and implementation of healthcare IT systems, healthcare providers are increasingly adopting patient portals for managing their patient engagements.

Regional Outlook Trend Analysis
North America accounted for largest share of the global patient portal market in 2016 owing to the availability of advanced healthcare IT infrastructure, rapid adoption of patient portal systems by the healthcare sector and favorable government initiatives for adoption of healthcare IT systems to improve the efficiency and quality of healthcare in the region. Europe patient portal market is expected to grow with the highest CAGR during the forecast period due to increasing demand for advanced healthcare delivery systems along with rising awareness related to the convenience of patient portals.

Competitive Analysis
The major players in the global patient portal market focus on product development in order to introduce new-age IT solutions for healthcare delivery and thus secure a larger share of the global market. Some of the key players operating in the global patient portal market are, Allscripts Healthcare, LLC, athenahealth, Inc., McKesson Corporation, eClinicalWorks, LLC, Cerner Corporation, Greenway Health, LLC, NextGen Healthcare Information Systems, LLC (a part of Quality systems, Inc.), CureMD Healthcare, General Electric Company, Medfusion Inc., Epic Systems Corporation and Intelichart.

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Patient Portal Market Segmentation:
By Product:
Integrated Patient Portals
Standalone Patient Portals

By Deployment Mode:
Web-based Deployment
Cloud-based Deployment

By End User:
Providers
Pharmacies
Payers
Other End Users

By Region:
• North America
o U.S
o Canada
o Mexico
• Europe
o Germany
o France
o UK
o Italy
o Spain
o Rest of Europe
• Asia-Pacific
o Japan
o China
o Australia
o India
o South Korea
o Rest of Asia-Pacific
• Rest of the World
o Brazil
o South Africa
o Saudi Arabia
o Turkey
o United Arab Emirates
o Others

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Some of the key questions answered by the report are:
• What was the market size in 2016 and forecast from 2017 to 2025?
• What will be the industry market growth from 2017 to 2025?
• What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
• What are the major segments leading the market growth and why?
• Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?

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