Global PatientPortal Software Market, by Portal Type (Integrated and Standalone), by Software Mode (Web/Cloudbased, and On Premise), by End User (Hospitals & Clinics, Home CareService, and Ambulatory service), and by Region (North America, Latin America,Europe, Asia Pacific, Middle East, and Africa), was valued at US$ 1,143.1 Mn in2018 and is expected to exhibit a CAGR of 7.6% over the forecast period(2019–2027), as highlighted in a new report published by.
Increasing adoption of patientcentric approach, by enhancing the interaction between patient and physicians,is expected to drive the global patient portal software market growth. Forinstance, in October 2017, Pulse Systems, Inc., a provider of Electronic HealthRecord (EHR), Practice Management (PM) and Revenue Cycle Management (RCM)solutions, announced that it had selected InteliChart, a provider of patientengagement and outcomes technology, as their new patient engagement solutions.This has enabled clients (Hospitals/clinics) of Pulse Systems, Inc., toincrease their revenue by improving engagement among patients. Pulse hasleveraged InteliChart’s application programming interface (API) to integratethe InteliChart Patient Portal with PulseCloud EHR. Moreover, in February 2018,Coordinate My Care, is a clinical service that informs GPs, hospitals,ambulatory services about the patient requirement or need, launched theironline patient portal called myCMC.
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The portal uses InterSystems’unified health informatics platform HealthShare which allows patients toarrange their own urgent care plans online. Companies are also engaged inupgrading their product portfolios and technological solutions in order toprovide enhanced features and services to patients. For instance, in April2018, Equicare Health, a provider of oncology care coordination and patientnavigation solutions, released the latest version of their product, Equicare CS(ECS) 4.8. The 4.8 version is certified for MIPS ACI 2015 edition and supportsintegration with Elekta’s Mosaiq 2.6 and Varian’s ARIA 15.5. ECS 4.8. It alsoincludes a new Case Finding feature, and charting improvements which makes iteasier for healthcare providers to organize patient assessments and records.Moreover, in February 2019, Royal Philips, a global provider in healthtechnology, launched IntelliSpace Portal 11 at the 2019 European Congress ofRadiology. It is an advanced visualization and quantification software, and thenew version includes enhancements to improve workflow efficiencies, allowsecure data sharing between systems within the hospital network for maintainingsecurity and privacy needs of customers.
Browse 34 Market Data Tables and27 Figures spread through 163 Pages and in-depth TOC on Global Patient PortalSoftware Market, by Portal Type (Integrated and Standalone), by Software Mode(Web/Cloud based, and On Premise), by End User (Hospitals & Clinics, HomeCare Service, and Ambulatory service), and by Region (North America, Latin,America, Europe, Asia Pacific, Middle East, and Africa)
Key players in the market areinvolved in adopting inorganic strategies such as acquisitions for expandingtheir portfolio of patient portal software. For instance, in 2011, Medfusionwas acquired by Intuit, and re-named to Intuit Health. In August 2013, SteveMalik, owner of Medfusion, bought Medfusion from Intuit Health. Furthermore, inSeptember 2015, Steve Malik (owner of Medfusion) raised $3 million and launcheda new suite of products.
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Key Takeaways of the GlobalPatient Portal Software Market:
The global patient portalsoftware market is expected to exhibit a CAGR of 7.6% during the forecastperiod (2019–2027), owing to frequent product launches and increasing awarenessregarding patient portal software
Among region, North America isexpected to hold dominant position in the global patient portal software marketowing to increasing awareness, and presence of major players such as CernerCorporation, Athenahealth Inc., Curemd Healthcare and others in the region
The Asia Pacific market is alsoexpected to witness significant growth over the forecast period owing toincreasing chronic diseases conditions which can result in higher demand forpatient care and patient engagement to communicate with physicians and take aregular feedback about their health. These factors are expected to propel theglobal patient portal software market growth.
Major players operating in theglobal patient portal software market include Napier Healthcare Solutions,Inc., Allscripts Healthcare Solutions Inc., Curemd Healthcare, AthenahealthInc., Cerner Corporation, Nextgen Healthcare Information Systems LLC, GEHealthcare, Greenway Health LLC, Medfusion Inc., Eclinicalworks LLC, andPrognoCIS
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