2019 Market Size
US$ 305.2 Mn
Base year value
2027 Forecast
US$ 1,351.54 Mn
Projected by 2027
CAGR 2020-2027
20.0 %
Growth rate
Addressable Market
US$ 6,042.62 Mn
(2020-2027)
The Asia Pacific patient portal market is expected to reach US$ 1,351.54 million by 2027 from US$ 305.2 million in 2019; it is estimated to grow at a CAGR of 20.0% from 2020 to 2027.
The market growth is attributed to key driving factors such as rising number of healthcare facilities adopting the patient portals and increasing demand for Electronic Health Record (EHR). Further, increasing use of cloud-based patient portal solutions would offer lucrative opportunities for the market during the forecast period. However, concerns regarding breach of privacy of patient records restrain the market growth.
The patient portal market is a web-based solution connected with electronic health records and allows patients to access their health records. Governments worldwide are focusing on laying down the standards, regulations, and infrastructure for maintaining health records, which is increasing the demand for patient portals. Apart from this, increasing adoption of healthcare technologies by hospitals is driving the growth of the market. In March 2019, Huawei Technologies signed a partnership agreement with Guangdong Provincial People's Hospital for building a wireless healthcare hospital in China. Therefore, increasing adoption of the patient-centric approach and rising investment in healthcare IT infrastructure drive the Asia Pacific patient portal market.
The COVID-19 outbreak pandemic is adversely affecting countries in Asia Pacific. The use of patient portal in the management of COVID-19 treatment is becoming must in the region as the number of confirmed cases is continuously growing. Additionally, clinics and hospitals are cancelling or rescheduling the appointments of nonurgent treatments and are informing patients about the temporary policy. As a result, patients are increasingly using a patient portal to manage their clinical care, which is supporting the growth of the Asia Pacific patient portal market amid the pandemic.
Asia Pacific Patient Portal MarketRevenue and Forecast to 2027 (US$ Mn)
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
Asia PacificPatient Portal MarketSegmentation
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 Country
- India
- China
- Australia
- South Korea
- Japan
- Rest of Asia Pacific
Company Profiles
- Cerner Corporation
- Allscripts Healthcare, LLC
- McKESSON CORPORATION
- athenahealth, Inc. (Veritas Capital)
- General Electric Company
- NEXTGEN HEALTHCARE INFORMATION SYSTEM, LLC
Asia Pacific Patient Portal Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 305.2 Million |
| Market Size by 2027 | US$ 1,351.54 Million |
| CAGR (2020 - 2027) | 20.0% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Product
|
| Regions and Countries Covered |
Asia-Pacific
|
| Market leaders and key company profiles |
|
- Comprehensive Market Sizing and Forecast Analysis
- Detailed Segmentation Analysis
- In-Depth Market Dynamics Assessment
- Regional and Country-Level Insights
- Competitive Landscape and Company Benchmarking
- Strategic Business Intelligence
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Reason to Buy
- Informed Decision-Making
- Understanding Market Dynamics
- Competitive Analysis
- Identifying Emerging Markets
- Customer Insights
- Market Forecasts
- Risk Mitigation
- Boosting Operational Efficiency
- Strategic Planning
- Investment Justification
- Tracking Industry Innovations
- Aligning with Regulatory Trends
