Patient Portal Market With Four Main Geographies And Their Countries

By Portal (Integrated Patient Portal and Standalone Patient Portal), By Deployment Mode (Cloud-based and On-premise), By End-user (Hospitals & Clinics, Pharmacies, and Other End Users), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030

Introduction:
The patient portal is a web-based access point that is connected with the electronic health records (EHR) systems. It focuses on patient’s access to health records and other related information. The patients can share and view their health information and communicate remotely. These characteristics enables patients to look into various data points, such as diagnostic test results, medical history, and prescription information. Patient portal is one of the many tools that allow the healthcare payers and providers to arrive at outcomes, which are patient-centric. Rapid technological advancements in the digital space are rising the engagement level of patients in the entire healthcare ecosystem. Data points collected on a per-patient basis through patient portal can be used for performing pin-point diagnosis, designing better clinical trials, and helping in the elimination of administration of redundant therapies and drugs to individual patients. These advantages are in line with the current demand for patient-centricity and are also facilitating in lowering overall healthcare costs.


Drivers and Restraints:
Increased adoption of patient-centric approach by healthcare payers is the major factor driving growth of the global patient portal market. Healthcare technologies, genomics, connected devices, big data analytics, and artificial intelligence are generating vast amounts of healthcare data and insights. This is enabling the healthcare providers to offer better and faster diagnoses and make more informed treatment decisions. In addition, increase in the demand for electronic health records (EHRs) is boosting growth of the target market globally. EHR systems are becoming progressively popular, as the healthcare industry is moving toward digitization. A lot of government initiatives, which generally focus on laying down the standards, regulations, and infrastructure for maintaining health records, are being introduced, which may lead to an increase in the demand for patient portal. European healthcare market is also witnessing a rise in demand for electronic health records. In Germany, Appointment Service and Supply Act (TSVG), which was adopted on March 14, 2019, is being funded by the German statutory health insurance funds, in order to provide policyholders with electronic health records from January 1, 2021 onward. This indicates that in the coming years, the country will be having a better EHR implementation. 


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