Market Introduction
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. The patients can share their health information and communicate remotely.
Market Overview and Dynamics
The South and Central America patient portal market is expected to reach US$ 278.89 million by 2027 from US$ 79.68 million in 2019; it is estimated to grow at a CAGR of 16.5% from 2020 to 2027. The market growth is attributed to key driving factors such as rising number of healthcare facilities adopting the patient portals and increasing demand for Electronic Health Record (EHR). Further, increasing use of cloud-based patient portal solutions would offer lucrative opportunities for the market during the forecast period. However, concerns regarding breach of privacy of patient records restrain the market growth.
Key Market Segments
The South and Central America patient portal market, by product, is bifurcated into standalone patient portals and integrated patient portals. The integrated patient portals segment held a larger share of the market in 2019, and the same segment is anticipated to register a higher CAGR in the market during the forecast period.
The South and Central America patient portal market, by delivery mode, is bifurcated into web-based delivery and cloud-based delivery. The web-based delivery segment held a larger market share in 2019. However, the cloud-based delivery segment is anticipated to register a higher CAGR in the market during 2020–2027.
Based on end-user, the South and Central America patient portal market is segmented into providers, payers, pharmacies, and others. The providers segment held the largest share of the market in 2019 and is estimated to register the highest CAGR in the market during the forecast period.
Major Sources and Companies Listed
A Few of the primary and secondary sources associated with this report on the South and Central America patient portal market are the Ministry of Health and Prevention (MoHAP), Brazilian Pharma Solutions (BPS) and American Chamber of Commerce for Brazil (AMCHAM).
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SOUTH AND CENTRAL AMERICA PATIENT PORTAL SEGMENTATION
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