A patient portal is an online application that enables the maintenance of the data of patients. The patient portal is a web-based solution connected with electronic health records and allows patients to access their health records. The patients can share their health information and communicate remotely.
Strategic insights for the North America Patient Portal provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2019 | US$ 854.55 Million |
Market Size by 2027 | US$ 3,582.65 Million |
Global CAGR (2020 - 2027) | 19.2% |
Historical Data | 2017-2018 |
Forecast period | 2020-2027 |
Segments Covered |
By Product
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
The geographic scope of the North America Patient Portal refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The North America patient portal market is expected to reach US$ 3,582.65 million by 2027 from US$ 854.55 million in 2019; it is estimated to grow at a CAGR of 19.2% 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 North America patient portal market, by product, is bifurcated into standalone patient portals and integrated patient portals. The integrated patient portals segment held a larger share of the market in 2019, and the same segment is anticipated to register a higher CAGR in the market during the forecast period.
The North America patient portal market, by delivery mode, is bifurcated into web-based delivery and cloud-based delivery. The web-based delivery segment held a larger market share in 2019. However, the cloud-based delivery segment is anticipated to register a higher CAGR in the market during 2020–2027.
Based on end-user, the North America patient portal market is segmented into providers, payers, pharmacies, and others. The providers segment held the largest share of the market in 2019 and is estimated to register the highest CAGR in the market during the forecast period.
A Few of the primary and secondary sources associated with this report on the North America patient portal market are the Pharmaceutical Research and Manufacturers of America (PhRMA), Ministry of Health and Prevention (MoHAP) and Organization for Economic Co-operation and Development (OECD).
NORTH AMERICA PATIENT PORTAL SEGMENTATION
By Country
The North America Patient Portal Market is valued at US$ 854.55 Million in 2019, it is projected to reach US$ 3,582.65 Million by 2027.
As per our report North America Patient Portal Market, the market size is valued at US$ 854.55 Million in 2019, projecting it to reach US$ 3,582.65 Million by 2027. This translates to a CAGR of approximately 19.2% during the forecast period.
The North America Patient Portal Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Patient Portal Market report:
The North America Patient Portal Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Patient Portal Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Patient Portal Market value chain can benefit from the information contained in a comprehensive market report.