Integrated patient portals segment by product is estimated to lead the market growth during the forecast period

According to a new market research study of “South and Central America Patient Portal Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Product, Delivery mode, End User and Country.”The report highlights trends prevailing in the South and Central America market portal market and the factors driving market along with those that act as hindrances.

The South and Central America patient portal market, by product, is segmented into, standalone patient portals, and integrated patient portals. The integrated patient portals segment held the largest share of the market in 2019, and the same segment is anticipated to register the highest CAGR in the market during the forecast period. 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. Governments worldwide are focusing on laying down the standards, regulations, and infrastructure for maintaining health records, which is increasing the demand for patient portals. According to the Statista department in 2020, the government has estimated an annual investment of 22 million Brazilian reals to implement an EHR system throughout the country. Therefore, increasing adoption of the patient-centric approach and rising investment in healthcare IT infrastructure drive the South and Central America patient portal market.

The growth of the South and Central America patient portal market is attributed to key driving factors such as are rising number of healthcare facilities adopting the patient portals and increasing demand for Electronic Health Record (EHR). Further, cloud-based patient portal solutions will further offer lucrative opportunities in the review period. However, the growth of the market is expected to be restrained by concerns regarding breach of privacy of patient records.

Cerner Corporation, Allscripts Healthcare, LLC and McKESSON CORPORATION are among the leading companies operating in the South and Central America patient portal market.

The report segments in South and Central America Patient Portal Market as follows:

By Product

• Standalone Patient Portals
• Integrated Patient Portals

By Delivery Mode

• Web-Based Delivery
• Cloud-Based Delivery

By End User

• Providers
• Payers
• Pharmacies
• Others

By Country

• Brazil
• Argentina
• Rest of South and Central America