Patient Portal Market Forecasted To Reach US$ 21.9 Billion By 2033

Trishita Deb
Trishita Deb

Updated · Dec 20, 2024

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Introduction

Global Patient Portal Market size is expected to be worth around US$ 21.9 Billion by 2033 from US$ 3.5 Billion in 2023, growing at a CAGR of 20.1% during the forecast period from 2024 to 2033. In 2023, North America led the market, achieving over 42.6% share with a revenue of US$ 1.5 Billion.

Key drivers for the expansion of patient portals include increasing demand for patient-centered healthcare services, advancements in healthcare IT infrastructure, and a growing focus on patient engagement and transparency.

Patient portals provide numerous benefits, such as convenient access to medical records, seamless appointment scheduling, and direct communication with healthcare providers, significantly enhancing patient satisfaction and overall experience.

Patient portals are secure, innovative applications offering patients 24/7 access to their electronic health records (EHRs). These portals enable users to view medication histories, lab results, and discharge summaries while facilitating secure communication with doctors, prescription refill requests, and appointment scheduling. The primary advantages include improved patient engagement, time-saving functionalities, error reduction, optimized workflows, better clinical outcomes, and opportunities for in-app advertising.

By automating routine tasks, patient portals free up medical staff to concentrate on more complex activities. This leads to improved diagnostic accuracy and increased patient adherence to treatment plans. The patient portal market is growing steadily, driven by the adoption of patient-centric healthcare models and the rising use of EHR systems. For example, in February 2021, Northern Inyo Healthcare District collaborated with Cerner Corporation to enhance its EHR capabilities, highlighting the trend toward wider EHR adoption in the United States.

Patient Portal Market Size

Key Takeaways

  • Market Size & Growth: The Patient Portal Market is projected to reach approximately US$ 21.9 Billion by 2033, witnessing a remarkable growth from US$ 3.5 Billion in 2023, with a compounded annual growth rate (CAGR) of 20.1%.
  • Type Analysis: Integrated portals accounted for 59% of the total revenue in 2023, showcasing their dominance in the market.
  • Delivery Mode Analysis: Web-based portals held the largest share of the market at 66.3% in 2023, reflecting their popularity among users.
  • End-Use Analysis: Providers constituted the dominant segment with 52.8% market share in 2023, and this trend is expected to continue in the forecast period.
  • Regional Analysis: North America led the market with a share of 42.6% and a value of USD 1.5 Billion in 2023, followed by Europe and the Asia-Pacific region.
  • Report Scope: The report forecasts a significant revenue growth from USD 3.5 Billion in 2023 to USD 21.9 Billion by 2033, with a CAGR of 20.1%. It covers aspects such as market dynamics, competitive landscape, recent developments, and key market segments including type, delivery mode, and end-use.

Patient Portal Statistics

  • Improved Access: Patient portals provide secure 24/7 access to electronic health records (EHRs), significantly enhancing patient convenience and accessibility to critical health information.
  • Medication History: Approximately 70% of patient portals offer access to detailed medication histories, empowering patients to better manage their treatments and ensure proper medication adherence.
  • Lab Results: Around 65% of patients use portals to view lab results, ensuring timely and convenient access to essential medical information for informed decision-making.
  • Secure Communication: Secure messaging is utilized by 60% of patients to communicate with healthcare providers, fostering better patient-provider interactions and improved care coordination.
  • Prescription Refills: About 55% of patient portals support prescription refill requests, streamlining medication management processes and enhancing patient satisfaction.
  • Increased Engagement: Up to 80% of patients report greater engagement in their healthcare journey through the use of portals, promoting proactive health management and better outcomes.
  • Workflow Efficiency: Approximately 75% of healthcare providers experience improved workflow efficiency due to portal integration, optimizing healthcare delivery and reducing operational bottlenecks.
  • Error Reduction: The implementation of patient portals has contributed to a 60% reduction in administrative errors, ensuring higher accuracy in maintaining patient records.
  • Enhanced Clinical Outcomes: Patients using portals show a 70% improvement in treatment adherence, leading to significantly better clinical outcomes and overall health management.
  • COVID-19 Surge: The COVID-19 pandemic triggered a 45% increase in portal usage, underscoring their critical role in remote healthcare access and pandemic response.
  • EHR Integration: Nearly 90% of healthcare providers have integrated patient portals with EHR systems, enabling seamless data sharing and improving care coordination across facilities.

Patient Portals Types Analysis

  • Standalone Portals: These are independent applications where patients manually input their health information. The data is stored on the patient’s device or a designated online platform. Standalone portals may accept data from external sources, including providers and laboratories. Patients can decide whether to share the information with providers, family members, or others involved in their care.
  • Integrated (Tethered/Connected) Portals: Linked directly to a healthcare organization’s electronic health record (EHR) system, these portals allow patients to access real-time health information, such as lab results and immunization histories, through a secure platform. This integration facilitates seamless communication between patients and providers.

 Patient Portals Delivery Modes Analysis

  • Web-Based Portals: Accessible through internet browsers, these portals require patients to log in via a website to view their health information. They offer broad accessibility from any device with internet connectivity.
  • Cloud-Based Portals: Hosted on cloud servers, these portals provide enhanced scalability and accessibility. Patients can access their health information from various devices, and healthcare providers can manage data without the need for extensive on-site IT infrastructure.

Adoption and Usage Statistics

  • Access to Online Medical Records: In 2022, approximately 60% of individuals were offered access to their online medical records or patient portals, reflecting a significant increase from previous years.
  • Smartphone Application Usage: The use of smartphone apps to access patient portals increased by 13 percentage points from 2020 to 2022, with 51% of users accessing their records via apps.
  • Frequency of Access: Individuals using apps accessed their medical records more frequently, with 42% accessing six or more times per year, compared to 28% for those using web-only access.
  • Viewing Test Results: In 2022, 90% of patient portal users accessed their portals to view test results, highlighting the importance of timely information.
  • Messaging Healthcare Providers: The use of patient portals for messaging healthcare providers increased to 64% in 2022, up from 53% in 2018, indicating enhanced patient-provider communication.

Emerging Trends in Patient Portals

  • Increased Access: By 2022, over 60% of individuals had access to online medical records or patient portals, marking a significant increase from previous years.
  • Growth in App Usage: Smartphone app usage for patient portals rose by 13 percentage points between 2020 and 2022, with 51% of users accessing their records via apps.
  • Decline in Web-Only Access: In 2022, web-only access to patient portals dropped to 48%, reflecting a growing preference for mobile app platforms.
  • Frequent App Access: Patients using apps accessed their medical records more frequently, with 42% checking six or more times per year, compared to 28% for web-only users.
  • Viewing Test Results: About 90% of portal users accessed their accounts to view test results in 2022, emphasizing the importance of timely medical information.
  • Access to Clinical Notes: Nearly 70% of users viewed clinical notes in 2022, highlighting increased transparency and improved patient engagement.
  • Electronic Data Sharing: Around 20% of users transmitted their medical data to third parties electronically through patient portals in 2022.
  • Health Information Downloads: Approximately 33% of users downloaded their health information from patient portals, ensuring better personal health record management.
  • Messaging Providers: Secure messaging with healthcare providers increased to 64% in 2022, up from 53% in 2018, improving communication.
  • Telehealth Integration: The rise in telehealth during the pandemic further boosted patient portal usage for accessing and sharing health information remotely.
  • Regulatory Support: The ONC Cures Act Final Rule mandated app-based access to health information, encouraging broader adoption and usability.
  • Access Inequities: Despite improvements, disparities in access based on race, ethnicity, income, and education persist, requiring targeted interventions.
  • Health Literacy Barriers: Challenges such as low health literacy, language barriers, and privacy concerns continue to limit portal usage for some patients.
  • Timely Information Delivery: Immediate access to test results is highly valued, although it may require additional provider explanations to address patient concerns.
  • Future Trends: Emerging third-party apps utilizing standards-based APIs are expected to aggregate data across multiple portals, improving engagement and data management.

Use Cases of Patient Portals

  • Access to Health Records: Patients can view their medical history, lab results, and immunizations. Kaiser Permanente reports 62% of users find this improves healthcare management.
  • Appointment Scheduling: Portals allow patients to schedule, reschedule, or cancel appointments online, with 54% of patients preferring online scheduling over traditional methods.
  • Prescription Management: Users can request refills and track medications. Kaiser Permanente data shows 48% of portal users actively manage prescriptions online.
  • Direct Communication with Providers: Secure messaging features enable patients to ask questions and receive advice, with 73% of users reporting improved communication.
  • Bill Payment: Online bill payment through patient portals is convenient for 58% of users, streamlining the payment process.
  • Telehealth Services: Many portals integrate telehealth options, facilitating virtual consultations. A Coursera study indicates 34% of healthcare interactions are now virtual.
  • Personal Health Tracking: Patients can monitor health metrics like weight and glucose levels, with 46% using this feature to manage chronic conditions.
  • Educational Resources: Portals provide personalized health education materials. Kaiser Permanente found 64% of users value these resources for preventive care.
  • Family Health Management: About 22% of users manage health information for family members, including children and elderly relatives, through patient portals.
  • Pre-Visit Questionnaires: Completing forms online reduces in-office wait times, with 37% of users reporting improved appointment efficiency through this feature.

Conclusion

The patient portal market is experiencing robust growth, driven by increasing demand for patient-centered healthcare, advancements in IT infrastructure, and a focus on patient engagement. These portals offer significant benefits, including enhanced access to medical records, improved communication with healthcare providers, and better clinical outcomes. The integration of patient portals with electronic health records (EHR) systems facilitates seamless data sharing, boosting workflow efficiency and patient adherence to treatment plans.

Market projections indicate a steady rise in adoption, with web-based and integrated portals leading the trend. Despite challenges like access inequities and health literacy barriers, the future of patient portals is promising, with technological advancements and regulatory support likely to further enhance accessibility and usability for patients and providers alike.

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Trishita Deb

Trishita Deb

Trishita has more than 8+ years of experience in market research and consulting industry. She has worked in various domains including healthcare, consumer goods, and materials. Her expertise lies majorly in healthcare and has worked on more than 400 healthcare reports throughout her career.

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