Patient Portal Market size is valued at USD 2,952.7 million in 2021 and is expected to grow at a CAGR of 17.2% during the forecast period 2022 to 2028. The global market provides a detailed overview and which can be segmented by type, delivery mode, end user, and region. By type, the patient portal market has been segmented into standalone and integrated. By type, the integrated segment held the largest revenue share of the patient portal market in past years and is expected to have the fastest growth rate over the forecasted period owing to the integrated portal’s multi-faceted ability to offer one-stop solutions that help with efficiency, multiple functionalities, and cost-effective solutions. Furthermore, research efforts focusing on the creation of pre-integrated EHR peripherals are expected to drive the growth of the integrated segment. By delivery mode, the Patient Portal market has been segmented into web-based and cloud-based. By delivery mode, the cloud-based segment is expected to register the fastest CAGR due to the integration of various features such as email marketing, patient education tool, and online appointment scheduling. Based on the end user, the segment has been segregated into providers, payers, and others. Providers are expected to hold a significant market share of the patient portal market over the forecasted period.
In July 2021, Allscripts, a leading EHR provider, and Medfusion announced a strategic partnership to provide Allscripts EHR and Practice Management clients with the top-ranked Medfusion patient portal. Through this partnership, physician practices have reduced time, cut costs, and improved revenue using the new allscripts online patient portal.