how big is the patient portal industry

What was the patient portal market size in 2018?

Sep 30, 2021 · The industry size of patient portal surpassed USD 3.1 billion in 2020 and will expand at a CAGR of 14.1% from 2021 to 2027 with rising adoption of patient-focused models in healthcare settings.

What is the forecast period of patient portal market research report?

Market Overview. The patient portal market was valued at USD 2,608.5 million in 2020, and it is expected to reach USD 5,980.5 million by 2026, registering a CAGR of 14.83% during the forecast period. As COVID-19 march the globe the need for data sharing across various platforms and with patients has become essential.

What are the factors driving the growth of patient portal market?

2 hours ago · Industry Challenges: There are industry challenges that need to be addressed in order to perform well in the Patient Portal business. Companies in the Patient Portal market need to tackle these ...

Who are the key market players in the patient portal market?

What percentage of patients use patient portals?

FINDINGS. Nearly 40 percent of individuals nationwide accessed a patient portal in 2020 – this represents a 13 percentage point increase since 2014.Sep 21, 2021

How long have patient portals been around?

Patient portals were introduced and adopted by a few large health care organizations in the late 1990s (eg, MyChart at the Palo Alto Medical Foundation and Indivo at Boston Children's Hospital) [3,4].

Do hospitals use patient portals?

Hospitals and other health care organizations can facilitate patient access to their EMR information through patient portals. Patient portals can provide secure, online access to personal health information [1] such as medication lists, laboratory results, immunizations, allergies, and discharge information [2].

Are patient portals part of EHR?

Electronic health record (EHR) patient portals provide a means by which patients can access their health information, including diagnostic test results. Little is known about portal usage by emergency department (ED) patients.

Why do patient portals fail?

Conversely, most portals greet patients with inadequate functionality, confusing formatting, and hard to understand health data. Patients often lose interest in these portals, unsure of how to take advantage of any of their promised offerings.Jan 7, 2020

What are the disadvantages of patient portals?

Even though they should improve communication, there are also disadvantages to patient portals....Table of ContentsGetting Patients to Opt-In.Security Concerns.User Confusion.Alienation and Health Disparities.Extra Work for the Provider.Conclusion.Nov 11, 2021

What should be in a patient portal?

A patient portal is a website for your personal health care. The online tool helps you to keep track of your health care provider visits, test results, billing, prescriptions, and so on. You can also e-mail your provider questions through the portal. Many providers now offer patient portals.Aug 13, 2020

How safe is patient portal?

Patient portals have privacy and security safeguards in place to protect your health information. To make sure that your private health information is safe from unauthorized access, patient portals are hosted on a secure connection and accessed via an encrypted, password-protected logon.

Are patient portals effective?

A recent study out of Kaiser Permanente of Southern California (KPSC) shows that online patient engagement through patient portals can actually improve chronic disease management by almost 10 percent, depending upon the condition.Feb 17, 2016

What are some of the differences between a patient portal and a PHR?

The Portal is controlled by the source system (EMR/EHR/Hospital). On the other hand, the Personal Health Record (PHR) is more patient centric, is controlled by a patient or family member, and may or may not be connected to a doctor or hospital (i.e. it may be tethered or untethered).Sep 6, 2012

Who uses patient portals?

Overwhelmingly, patients use the portal to view their lab results (85 percent). Sixty-two percent of patients are also using the tool for more clinical tasks, such as scheduling appointments, completing paperwork, and refilling prescriptions.Apr 16, 2018

What is the purpose of patient portal?

A patient portal is a secure online website that gives patients convenient, 24-hour access to personal health information from anywhere with an Internet connection. Using a secure username and password, patients can view health information such as: Recent doctor visits.Sep 29, 2017

How big is the patient portal market?

The industry size of patient portal surpassed USD 3.1 billion in 2020 and will expand at a CAGR of 14.1% from 2021 to 2027 with rising adoption of...

Why is the integrated patient portal market expanding?

The integrated patient portal market accounted for over USD 2.08 billion in 2020 and will grow due to their ability to provide one-stop solutions t...

What is the value of cloud-based patient portal market?

The cloud-based segment is anticipated to exhibit a CAGR of 14.5% up to 2027 driven by surging adoption of EHR systems by small scale users. Read More

How will the patient portal market grow in the U.S.?

U.S. market recorded more than USD 3.36 billion through 2027 owing to rising technological advancements and incentivized government policies for EH...

Which are leading patient portal providers?

Prominent companies in the patient portal market comprise McKesson Corporation, NextGen Healthcare Information Systems, LLC, Greenway Health, LLC,...

What is the study period of this market?

The Global Patient Portal Market market is studied from 2018 - 2026. Read More

What is the growth rate of Global Patient Portal Market?

The Global Patient Portal Market is growing at a CAGR of 14.83% over the next 5 years. Read More

What is Global Patient Portal Market size in 2018?

The Global Patient Portal Market is valued at 2608 Million USD in 2018. Read More

What is Global Patient Portal Market size in 2026?

The Global Patient Portal Market is valued at 5980 Million USD in 2026. Read More

Which region has highest growth rate in Global Patient Portal Market?

Asia Pacific is growing at the highest CAGR over 2021- 2026. Read More

Which region has largest share in Global Patient Portal Market?

North America holds highest share in 2020. Read More

Who are the key players in Global Patient Portal Market?

Allscripts Healthcare Solutions Inc., McKesson Corporation, CureMD Healthcare, Athenahealth, Inc., Cerner Corporation are the major companies opera...

Report Overview

The global patient portal market size was valued at USD 1.9 billion in 2018 and is expected to grow at a CAGR of 17.6% over the forecast period. The rising number of healthcare facilities adopting the patient portals are contributing to market growth.

Type Insights

Integrated patient portals dominated the type segment in terms of revenue share in 2018. About the increasing adoption of EHRs, pre-integrated patient portals are preferred by healthcare professionals.

Delivery Mode Insights

In 2018, web-based patient portals held a majority of the market share in terms of revenue. Technological advances, improved efficiency, convenience, and affordability are some of the factors responsible for the increasing adoption of web-based patient portals.

End-Use Insights

The healthcare providers dominated the end-use segment of the patient portal market in 2018. Moreover, the providers are anticipated to be the fastest-growing segment over the forecast period from 2019 to 2026.

Regional Insights

North America held a majority of the market share in 2018, owing to the technological advancements in healthcare IT. The Asia Pacific is anticipated to experience the fastest growth over the forecast period due to improving healthcare infrastructure and rising expenditure.

Key Companies & Market Share Insights

Some of the key market players in the patient portal market are Allscripts Healthcare Solutions, athenahealth, Inc., Cerner Corporation, Epic System Company, McKesson Corporation, GE Healthcare, Medfusion, and CureMD.

Segments Covered in the Report

This report forecasts revenue growth and provides an analysis of the latest trends in each of the subsegments from 2015 to 2026. For this study, Grand View Research has segmented the patient portal market based on type, delivery mode, end-use, and region:

Report Overview

See more on grandviewresearch.com

Type Insights

Delivery Mode Insights

End-Use Insights

Regional Insights

Key Companies & Market Share Insights

Segments Covered in The Report