Patient Portal Market Growth, global business Forecast and Analysis 2023-2030
The Patient Portal Market Growth was valued at USD 3.45 billion in 2022 and is projected to reach USD 14.36 billion by 2030, with a compound annual growth rate (CAGR) of 19.5% during the forecast period from 2023 to 2030.
The Patient Portal Market refers to the digital platforms that allow patients to access their medical records, communicate with healthcare providers, schedule appointments, and manage their health information conveniently. These portals have gained significant traction in recent years due to the increasing adoption of electronic health records (EHRs) and the growing demand for patient-centric healthcare services.
The market's substantial growth can be attributed to several factors. Firstly, the rising need for efficient healthcare delivery systems and improved patient engagement has driven the demand for patient portals. These platforms empower patients by providing them with easy access to their health information, enabling them to make informed decisions about their care.
Furthermore, the implementation of government initiatives promoting the adoption of EHRs and the digitization of healthcare records has fueled the market's expansion. Governments worldwide recognize the potential benefits of patient portals in improving healthcare outcomes, reducing costs, and streamlining administrative processes.
Moreover, the COVID-19 pandemic has accelerated the adoption of telehealth and virtual care solutions, leading to a surge in the utilization of patient portals. As healthcare providers strive to deliver remote care and maintain continuity of care during these challenging times, patient portals have emerged as a vital tool for facilitating secure communication and remote monitoring.
Looking ahead, the market is expected to witness robust growth over the forecast period. Factors such as the increasing focus on personalized medicine, the growing prevalence of chronic diseases, and the rising demand for remote patient monitoring are anticipated to drive the adoption of patient portals.
In conclusion, the Patient Portal Market is poised for substantial growth, with a projected value of USD 14.36 billion by 2030. The market's expansion is driven by the need for improved healthcare delivery systems, government initiatives
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Market Segmentation
By Type
- Standalone
- Integrated
By Delivery Mode
- Web-Based
- Cloud-Based
By End Users
- Providers
- Payers
- Pharmacies
Key Players
Major key players are Allscripts Healthcare Solutions, Inc., Cure MD, Epic Corporation Inc., Athenahealth, eClinicalWorks, Cerner Corporation, McKesson Corporation, NextGen Healthcare Information Systems, LLC, Greenway Health, LLC, Intelichart, GE Healthcare, Med fusion, and other players.
Table of Contents
1.Introduction
2.Research Methodology
3.Market Dynamics
4.Impact Analysis
4.1COVID-19 Impact Analysis
4.2.Impact of Ukraine- Russia war
4.3.Impact of Ongoing Recession on Major Economies
5.Value Chain Analysis
6.Porter's 5 Forces Model
7.PEST Analysis
8.Patient Portal Market Segmentation, By Type
9.Patient Portal Market Segmentation, By Delivery Mode
10.Patient Portal Market Segmentation, By End Users
11.Patient Portal Market Segmentation, By Compoanent
12.Regional Analysis
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