patient portal market

What was the patient portal market size in 2018?

The Patient Portal Market is segmented by Portal (Integrated Patient Portal and Standalone Patient Portal), Deployment Mode (Cloud based, On-Premise), End User (Hospitals and Clinics, Pharmacies, and Other End User), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America).

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

Sep 30, 2021 · Patient Portal Market size exceeded USD 3.1 billion in 2020 and is anticipated to grow at a CAGR of over 14.1% between 2021 and 2027. Growing adoption of patient-focused models in healthcare settings by healthcare providers and …

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

Market Analysis and Insights of Patient Portal Market. Data Bridge Market Research analyses that the patient portal market will exhibit a CAGR of around 13.84% for the forecast period of 2021-2028. Rising prevalence of chronic diseases, increased focus on research and development proficiencies in regards to medical devices and on the adoption ...

What is a patient portal in healthcare?

The Global Patient Portal Market size is expected to reach $5.6 billion by 2025, rising at a market growth of 17.2% CAGR during the forecast period. A patient portal is a web-based access point that is linked to Electronic Health Records (EHR) systems or access points that are designed to facilitate patient access to health records.

How many patients use a patient portal?

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

What is a patient portal in healthcare?

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. Discharge summaries. Medications.Sep 29, 2017

How do you promote a patient portal?

Seven tips on how to promote your patient portal Add a tag line to appointment cards, statements, newsletters, and other communication. An example: “Tired of playing phone tag? Sign up for the patient portal.” Change your practice's on-hold messaging to include information introducing the patient portal.

How effective are patient portals?

In the outputs category, some but not all studies found patient portals improved patient engagement; patients perceived some portal functions as inadequate but others as useful; patients and staff thought portals may improve patient care but could cause anxiety in some patients; and portals improved patient safety, ...

What should be included in a patient portal?

A robust patient portal should include the following features:Clinical summaries.Secure (HIPAA-compliant) messaging.Online bill pay.New patient registration.Ability to update demographic information.Prescription renewals and contact lens ordering.Appointment requests.Appointment reminders.More items...

Who uses patient portal?

Among the 60% percent of patients offered portal access, 95% used it. When patients weren't offered portal access, only 41% used it. Women are more likely to use portals than men. Of those who had used a portal in the past year, 59% were women while 41% were men.Apr 22, 2020

Why is Patient Portal important in healthcare?

Patient portals provide the ability for patients to have 24-hour access to connect with their provider by reviewing patient health information (PHI), asking and answering questions, and reviewing notes, making the patient-physician relationship closer than ever.Dec 8, 2017

How do patient portals affect nursing?

Conclusions: While the evidence is currently immature, patient portals have demonstrated benefit by enabling the discovery of medical errors, improving adherence to medications, and providing patient-provider communication, etc. High-quality studies are needed to fully understand, improve, and evaluate their impact.Apr 11, 2019

What is meaningful use?

'Meaningful Use' is the general term for the Center of Medicare and Medicaid's (CMS's) electronic health record (EHR) incentive programs that provide financial benefits to healthcare providers who use appropriate EHR technologies in meaningful ways; ways that benefit patients and providers alike.

What are the risks of a patient portal?

Some of these risks include: reliance on the patient portal as a sole method of patient communication; patient transmission of urgent/emergent messages via the portal; the posting of critical diagnostic results prior to provider discussions with patients; and possible security breaches resulting in HIPAA violations.Mar 1, 2021

What are the disadvantages of a patient portal?

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 are the pros and cons of patient portals?

What are the Top Pros and Cons of Adopting Patient Portals?Pro: Better communication with chronically ill patients.Con: Healthcare data security concerns.Pro: More complete and accurate patient information.Con: Difficult patient buy-in.Pro: Increased patient ownership of their own care.Feb 17, 2016

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...

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 are the factors that drive the Patient Portal industry?

The major factors that are anticipated to drive the Patient Portal industry include adoption of the patient-centric approach, increasing demand for electronic health records (EHR), and expanding aging population increase the rate of chronic diseases.

Is AllScripts a partner of XRHealth?

Sep-2019: AllScripts came into partnership with XRHealth, a leader in extended reality and therapeut ic applications. In this partnership, XRHealth will provide an integrated AR/VR platform, leveraging AllScripts Open APIS. This partnership offers a platform to the doctors in which they can view all the critical information of the patients.

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:

Global Patient Portal Market, Dynamics, Trends, and Market Analysis

The report on the Global Patient Portal Market is segmented By Type ( Standalone Patient Portal, Integrated Patient Portal), By Delivery Mode ( Web-Based, Cloud-Based), By End-User ( Payers, Providers, Others ), and Region.

Impact of COVID-19 on Patient Portal Market

Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

Market Insights

The Global Patient Portal Market is estimated to grow from USD 2.1 billion in 2020 to USD 5.2 billion by 2026 at a healthy CAGR of 16.7% during the forecast period.

Market Dynamics

The global market growth is primarily driven by an increasing number of hospitals and clinics adopting the patient portals due to its superior benefits for both patients and healthcare providers.

Segments' Analysis

Based on delivery mode, the market has been divided into web-based and cloud-based.

Target Audience

The following is a list of the customers that the Global Patient Portal market aims to convert the most:

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