Global App-Enabled Patient Portals Market, By Type (Integrated Patient Portals, Standalone Patient Portals), End User (Providers, Payers, Pharmacies, Others), Application (Data Management, Appointment, Bill Payment, E-Check-In, Others) – Industry Trends and Forecast to 2029.
Market Analysis and Size
The market is expected to grow at a significant CAGR within the forecasted period, the market. Within the past few years, there has been surging awareness amongst the physicians and patients regarding the benefits associated with the usage of app-enabled patient portals which is further aiding the market to expand in coming others.
- Data Bridge Market Research analyses that the app-enabled patient portals market is expected to grow at a CAGR of 20.0% during the forecast period. The "hospital integration" accounts for the largest application segment in the app-enabled patient portals market within the forecasted period.
Market Definition
Patients can interact and communicate with their healthcare providers, such as physicians and hospitals, through patient portals, which are online applications related to healthcare. The app-enabled patient portals are the patient portals which use apps for interaction. They are of different types such as the integrated patient portals and standalone patient portals.
App-Enabled Patient Portals Market Dynamics
Drivers
-
Increasing Demand Of EHR Solutions
The increasing demand of EHR solutions is the most significant factor driving the growth for this market. The market is growing due to the surging adoption of patient portals solutions among users due to the increasing adoption of medical health apps for the management of chronic diseases.
Others
Moreover, the factors such as the rising popularity of portals among geriatric population are also expected to fuel market growth. Additionally, the surging adoption of smartphones, tablets, and other mobile platforms also heighten the market's overall growth. In addition to this, cost containment in healthcare delivery and healthcare services has a robust adoption of 3G and 4G networks, which are also projected to boost the market's overall growth.
Opportunities
Furthermore, the increasing research activities along with the introduction of new and advanced technologies by the market players extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Moreover, the government is undertaking various initiatives for the patient portals to digitalize the healthcare system and standardize regulations and infrastructure for maintaining health records, which will further expand the app-enabled patient portals market's growth rate.
Restraints/Challenges
On the other hand, the security concern and data breaching, along with high investment for patient portal set up are expected to obstruct market growth. Moreover, increasing problem of health literacy are projected to challenge the app-enabled patient portals market in the forecast period of 2022-2029.
This app-enabled patient portals market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the app-enabled patient portals market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Covid-19 Impact on App-Enabled Patient Portals Market
Healthcare industry has been heavily impacted by the COVID-19. COVID-19 outbreak has increased the utilization and adoption of patient portals in the healthcare system, generating crucial growth opportunities. The pandemic created growth opportunities for the companies operating or trying to access the patient portal market, due to the increased proportion of population experiencing mental health issues such as anxiety, depression, eating disorders and others. Additionally, the surge in various investments positively impacted the app-enabled patient portals market.
Recent Developments
- On January 2020, Bridge Patient Portal launched new telehealth solution based on Zoom® for Healthcare. Bridge's latest telehealth feature satisfies the needs of patients and healthcare organisations, and it builds on the company's extensive patient engagement feature consolidation.
- In March 2021, TrueCare, launched its MyChart patient portal to help patients easily access and manage their health information. Patients can request appointments, view health reminders, send and receive secure messages to their providers, view lab results, request prescription refills, and review their medical records quickly and easily online.
Global App-Enabled Patient Portals Market Scope
The app-enabled patient portals market is segmented on the basis of type, end user and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications. By Type (Integrated Patient Portals, Standalone Patient Portals), End User (Providers, Payers, Pharmacies, Others), Application (Data Management, Appointment, Bill Payment, E-Check-In, Others)
Type
- Integrated Patient Portals
- Standalone Patient Portals
On the basis of type, the app-enabled patient portals market is segmented into integrated patient portals and standalone patient portals.
End User
- Providers
- Payers
- Pharmacies
- Others
On the basis of end user, the app-enabled patient portals market is segmented into providers, payers, pharmacies and others.
Application
- Data Management
- Appointment
- Bill Payment
- E-Check-In
- Others
On the basis of level of application, the app-enabled patient portals market is segmented into data management, appointment, bill payment, e-check-in and others.
App-Enabled Patient Portals Market Regional Analysis/Insights
The app-enabled patient portals market is analyzed and market size insights and trends are provided by country, type, end user and application as referenced above.
The countries covered in the app-enabled patient portals market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the app-enabled patient portals market because of the technological advancements in healthcare in this region. Asia-Pacific is expected to witness significant growth during the forecast period of 2022 to 2029 owing to the improving healthcare infrastructure and rising expenditure in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed Base and New Technology Penetration
The app-enabled patient portals market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for app-enabled patient portals market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the app-enabled patient portals market. The data is available for historic period 2010-2020.
Competitive Landscape and App-Enabled Patient Portals Market Share Analysis
The app-enabled patient portals market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to app-enabled patient portals market.
Some of the major players operating in the app-enabled patient portals market are Accenture., Allscripts Healthcare, LLC, athenahealth., Cerner Corporation., CPSI., Epic Systems Corporation, MEDHOST, McKesson Corporation, SimplePractice, LLC., IntakeQ, My Clients Plus., DICOM Grid, Inc. (dba Ambra Health), Kareo, Inc., vCita., AlayaCare., Connexin Software, Inc., and CooeyHealth among others.
SKU-