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Patient Portal Market Worth 2.74 Billion USD by 2020


News provided by

MarketsandMarkets

14 Mar, 2016, 18:00 GMT

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PUNE, India, March 14, 2016 /PRNewswire/ --

According to a new market research report "Patient Portal Market - by Type (Standalone, and Integrated portal), by Delivery Mode (Web-Based, and Cloud- Based), & by End Users (Providers, Payers, Pharmacies, and Others) - Analysis & Global Forecast to 2020", published by MarketsandMarkets, This market is expected to reach USD 2.74 Billion by 2020 from USD 1.19 Billion in 2015, at a CAGR of 18.1%.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 80 Tables and 32 Figures spread through 161 Pages and in-depth TOC on "Patient Portal Market"

http://www.marketsandmarkets.com/Market-Reports/patient-portal-market-49094801.html

Early buyers will receive 10% customization on this report. 

The global patient portal market is segmented on the basis of type, delivery mode, end user, and region. The report analyzes and studies the major market drivers, restraints/challenges, opportunities, key players, competitive landscape and geographical markets. This report studies the global patient portal market for the forecast period of 2015 to 2020.

By type, the patient portal market is categorized into standalone and integrated patient portals. The integrated portals are estimated to account for the largest share of the global patient portal market, by type, in 2015. This large share can be attributed to the fact that most of the integrated portals are provided by the same vendor as an electronic health record (EHR) system. These solutions allow a user to complete multiple business functions from within the same interface. As they provide a one-stop solution, they are cheaper, favored, and therefore high in demand.

On the basis of delivery mode, the market is segmented into web-based and cloud-based modes. In 2015, web-based mode of delivery is expected to command the largest share of the global patient portal market. However, the cloud-based mode of delivery is expected to grow at a higher CAGR due to its advantages-cloud-based services can help healthcare organizations share and integrate information from disparate locations or systems in real time and generate a database registry.

The patient portal market has been further segmented by end users into providers, payers, pharmacies, and others. Providers include hospitals, ambulatory care centers, home healthcare agencies, nursing homes, diagnostic & imaging centers, and physicians. Other end users include employer groups and government entities. In 2015, the providers' segment is expected to command the largest share of the global patient portal market, by end user. Rising mandates for incentive programs for providers; government initiatives to improve the quality of care delivered to patients and curtail the soaring cost of healthcare among providers; and the growing need to improve the affordability and accessibility of healthcare services are some factors propelling the use of patient portal solutions among providers.

On the basis of region, the global market is divided into North America, Europe, Asia-Pacific, and the Rest of the World. In 2015, North America is poised to account for the largest share of the patient portal market, followed by Europe and Asia-Pacific. However, the European region is slated to grow at the highest CAGR during the forecast period. The large share of the North American patient portal market can primarily be attributed to the federal mandates in the U.S., rising number of accountable care organizations in the U.S., rising aging population in the U.S., Canada's efforts to enhance healthcare delivery, and digital health measures in Canada.

Federal mandates like the Meaningful Use incentives, growing patient-centric approach in healthcare delivery, increasing EHR adoption, and growing popularity of patient portals among the elderly are some factors expected to drive the growth of the global patient portal market in the coming years.

Speak to our Expert/Analyst: http://www.marketsandmarkets.com/speaktoanalyst.asp?id=49094801

Allscripts Healthcare Solutions, Inc. (U.S.), McKesson Corporation (U.S.), athenahealth, Inc. (U.S.), Cerner Corporation (U.S.), eClinicalWorks (U.S.), CureMD (U.S.), NextGen Healthcare Information Systems, LLC (U.S.), Greenway Health, LLC (U.S.), Medfusion (U.S.), Epic Corporation Inc. (U.S.), GE Healthcare (U.K.), and Intelichart (U.S.) are some of the key players in the Patient Portal Market worldwide.

Browse Related Reports: 

Population Health Management Market by Component (Software, Services), by Delivery Mode (Web-based, Cloud-based), by End-User (Healthcare Providers, Healthcare Payers, Employer Groups) - Analysis & Global Forecasts to 2020

http://www.marketsandmarkets.com/Market-Reports/population-health-management-market-263411936.html

Patient Engagement Solutions Market by Component (Hardware, Software & Services), Delivery Mode (On-premise, Web, & Cloud) & by End-user (Payer, Provider, Patients,& Others) - Trends & Global Forecasts to 2019

http://www.marketsandmarkets.com/Market-Reports/patient-engagement-solutions-market-105975994.html

About MarketsandMarkets  


MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com
Visit MarketsandMarkets Blog @ http://mnmblog.org/market-research/healthcare/healthcareit
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

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