Patient Portal Market is expected to reach US$ 8,938.75 Mn by 2027

Integrated Patient Portals Segment to Register Higher CAGR During 2020–2027

According to our latest study on “Patient Portal Market Forecast to 2027 – COVID-19 Impact and Global Analysis – by Product, Delivery Mode, and End User,” the market was valued at US$ 2,185.71 million in 2019 and it is projected to reach US$ 8,938.75  million by 2027; it is expected to grow at a CAGR of 18.8% during 2020–2027. The report highlights trends prevailing in the global patient portal market, and the factors driving and restraining the market growth.

Based on product, the global patient portal market is bifurcated into standalone patient portals and integrated patient portals. The integrated patient portals segment held a larger share of the market in 2019. Also, the same segment is anticipated to register a higher CAGR in the market during the forecast period. The market growth for integrated patient portals segment is attributed to the fact that these portals offer increased efficiency and low requirement of expensive custom development to build a bridge between systems. Most integrated portals are provided by the same vendor as an electronic health records (EHRs) system. Moreover, these solutions allow a user to complete multiple business functions from the same interface. As they provide a one-stop solution, they are cheaper, favored, and therefore high in demand.

The growth of the patient portal market is driven by increasing demand for EHRs and rising use of smartphones. However, concerns regarding data privacy hinder the market growth. Cerner Corporation; Allscripts; McKesson Corporation; Optum, Inc; athenahealth, Inc; Epic Systems Corporation; Greenway Health, LLC; CureMD Healthcare; GE Healthcare; and NXGN Management, LLC are among the major companies operating in the market.

Global Patient Portal Market, by Region, 2019 (%)

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Patient Portal Market to Grow at a CAGR of 18.8% to reach US$ 8,938.75 Million from 2020 to 2027

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Patient Portal Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Product (Standalone Patient Portals and Integrated Patient Portals), Delivery Mode (Web-Based Delivery and Cloud-Based Delivery), and End User (Providers, Payers, Pharmacies, and Others) and Geography

The report segments global patient portal market as follows:

By Product

• Standalone Patient Portals
• Integrated Patient Portals

By Delivery Mode

• Web-Based Delivery
• Cloud-Based Delivery

By End User

• Providers
• Payers
• Pharmacies
• Others

By Geography

• North America
  • • US
    • Canada
    • Mexico
• Europe
  • • France
    • Germany
    • UK
    • Spain
    • Italy
    • Rest of Europe
• Asia Pacific (APAC)
  • • China
    • India
    • Japan
    • Australia
    • South Korea
    • Rest of Asia Pacific
• Middle East & Africa (MEA)
  • • Saudi Arabia
    • UAE
    • South Africa
    • Rest of Middle East & Africa
• South and Central America (SCAM)
  • • Brazil
    • Argentina
    • Rest of South and Central America