The Patient Portal Market is set to grow at a 17% CAGR from 2022 to 2027, driven by EHR adoption and AI integration.
According to IMARC Group latest report titled” Patient Portal Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the market reached a value of US$ 2.7 Billion in 2021. The Global Patient Portal Market size to grow at a CAGR of around 17% during 2022-2027. Patient portal refers to online applications and websites that provide healthcare assistance to patients. It contains detailed track records related to recent doctor visits, discharge summaries, medications, immunizations, and lab results. It also provides patients with convenient access to personal health information while allowing them to interact and communicate with healthcare professionals via the internet.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Market Trends:
The global market is primarily driven by the increasing adoption of electronic health records (EHR) across the healthcare sector. Along with this, the widespread integration of artificial intelligence (AI) and cloud-based solutions with patient portals has created a positive outlook for the market. Furthermore, the rising geriatric population and the growing prevalence of chronic lifestyle diseases among the masses have also contributed to the escalating need for efficient patient portals. In line with this, the rapid outbreak of the COVID-19 across the globe has led to the escalating demand for effective online healthcare assistance. Other factors, including increasing investments by public and private companies to improve the existing healthcare infrastructure and rising healthcare expenditure have further provided an impetus to market growth.
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Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
Patient Portal Market Segmentation:
Our report has categorized the market based on region, function, output, integration and end use industry.
Breakup by Portal:
Breakup by Deployment Mode:
Breakup by End User:
Breakup by Region:
Key highlights of the report:
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The article discusses the growth and trends of the Patient Portal Market from 2022 to 2027.
The increasing adoption of EHR and integration of AI and cloud-based solutions drive market growth.
COVID-19 has escalated the demand for effective online healthcare assistance, boosting the market.
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