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The global patient portal market size was valued at USD 3.51 billion in 2023, driven by the increasing health consciousness among consumers across the globe. The market is anticipated to grow at a CAGR of 17.1% during the forecast period of 2024-2032 to achieve a value of USD 14.51 billion by 2032.
Patient portals are healthcare solutions in the form of software tools that are developed to help patients keep track of their own health information by engaging in one-on-one conversations with healthcare professionals. It has been getting increased emphasis lately due to the ease and convenience they provide to handle a patient's data without getting worked up and lesser time. With the help of these portals, a patient can easily keep track of their own health status. There are multiple features that are provided by these portals personalize communication tools, easy transactions for hospital facilities and services, bill payments, appointment management, health education and resources.
The introduction of patient portals has revolutionized the way patients engage with their healthcare. With the presence of patient portals, patients can actively manage their health by accessing important information. By offering a centralized platform for health-related activities, patient portals enhance communication and collaboration between patients and their healthcare providers.
Patients are able to communicate with their doctors without worrying about data security, ask questions, seek clarification on treatment plans, and receive timely response. They provide educational resources, personalized reminders, and recommendations to prevent some medical conditions that enables patients to make informed decisions and actively participate in managing their well-being. With continuously advancing technology, patient portals are expected to play an increasingly crucial role in healthcare delivery.
The several key trends running in the patient portal market include easy mobile access that is provided by these portals, as easy to use mobile applications makes it much easier to access to the patient data. Connectivity features that enable them to integrate with wearable devices, such as smart phones and smart watches, to keep track of real time data for better data analysis. Interoperability, personalization, and patient specific features as educational resources about particular health conditions, recommendations based on current health condition of patient are also major trends propelling the global patient portal market expansion.
Better user experience of portals to make them super user friendly and visually appealing are the trends propelling the patient portal market growth. The interoperability features between patient portals and other healthcare systems are a significant focus in the market due to which several efforts by the manufacturers are being made to provide seamless data exchange between different healthcare providers, pharmacies, and laboratories, allowing patients to have a comprehensive view of their health information regardless of the care setting.
Market Breakup by Portal
Market Breakup by Deployment Mode
Market Breakup by End User
Market Breakup by Region
The market is witnessing gradual growth and is expected to continue growing in coming years as well. Patient portals have been getting popular lately due to the increased emphasis on convenience they provide to handle a patient's data. The market is driven by several factors such as rising awareness among people about their health, along with the growing focus on patient engagement with their own data.
Additionally, the increased involvement of electronic health records EHR by healthcare organizations to enable their patients to be able to fetch data from single platform rather than visiting multiple portals is continuously contributing to the market growth. Increasing appreciation towards the engagement of patient with their own data is increasing the development of better patient portals to help them even more and understand their requirements of treatment and disorders much better.
The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2017-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Portal |
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Breakup by Deployment Mode |
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Breakup by End User |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market attained a value of about USD 3.51 billion in 2023, driven by the increased technological advancements.
The market size is anticipated to grow at a CAGR of 17.1% during the forecast period of 2024-2032 and reach a market value of USD 14.51 billion by 2032.
The recognition of the value of patient engagement and involvement of technology to improve healthcare delivery are among the major factors driving the market growth.
The portal in the market includes integrated patient portal and standalone patient portal.
The deployment modes in the market are immunity, general health, energy and weight management, bone and joint health, among others.
The end user includes pharmacies, hospitals and surgical centres, among others.
The major regions of the market include North America, Europe, Asia Pacific, Latin America, Middle East and Africa. North America is currently leading the global market.
Key players involved in the market are Allscripts Healthcare Solutions, AtenaHealth Inc., Cerner Corporation, Eclinical works LLC., Epic Corporation Inc., GE Healthcare, Greenway Health LLC, Intelichart, and Nextgen Healthcare Information systems LLC., and Curemd Healthcare.
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