Patient Portal Market Size, Market Growth Projection to 2023

The growth of the overall patient portals market can be contributed to the federal mandates like meaning use, growing patient centric approach in healthcare delivery, increasing EHR adoption rate, and growing popularity of patient portals among the elderly. 

Objectives of the Study

• To define and measure the global patient portal market on the basis of type, delivery mode, end user, and region
• To identify the key micromarkets1 and their drivers within the global patient portal market, which are expected to show impressive growth opportunities in the coming years
• To identify the market trends and opportunities for all the stakeholders
• To strategically analyze the market structure and profile the key players of the global patient portal market and comprehensively analyze their core competencies
• To track and analyze competitive developments such as product deployments; agreements, alliances, collaborations, and partnerships; new product launches and product enhancements; mergers and acquisitions; expansions; and other strategies (divestment, funding, and product integration)

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Patient portals are an important form of patient engagement solutions that are gaining popularity across the globe. The use of health information technologies and online resources in healthcare boosts care quality by improving care access, efficiency, chronic disease management, and patient & family involvement. 

The patient portal market is projected to reach USD 2.74 Billion by 2020 from USD 1.19 Billion in 2015, at a CAGR of 18.1% during the forecast period. 

Top Key Players

Allscripts Healthcare Solutions, Inc. (U.S.), McKesson Corporation (U.S.), athenahealth, Inc. (U.S.), Cerner Corporation (U.S.), eClinicalWorks (U.S.), CureMD (U.S.), NextGen Healthcare Information Systems, LLC (U.S.), Greenway Health, LLC (U.S.), Medfusion (U.S.), Epic Corporation Inc. (U.S.), GE Healthcare (U.K.), Intelichart (U.S.) are some of the key players in the patient portal market worldwide.

Endoscopy Equipment Growth Analysis | North America to dominate the market

The global endoscopy equipment market is projected to reach USD 34.82 Billion by 2022 from an estimated USD 25.58 Billion in 2017, at a CAGR of 6.4% during the forecast period

The key factors driving the growth of this market include favorable government initiatives, rising number of hospitals and growing hospital investments in endoscopy facilities, technological advancements, and rising prevalence of diseases that require endoscopy

North America to dominate the market in 2017

In 2017, North America is expected to account for the largest share of the endoscopy equipment market, followed by Europe. 

Factors such as a favorable reimbursement scenario in the US, rising incidence of cancer, increasing investments by hospitals to purchase new endoscopic equipment, increasing research activities to improve endoscopy, and implementation of a new funding model for Canadian hospitals are contributing to the large share of North America.

Top Key Players

The key players in the global endoscopy equipment market are Olympus (Japan), KARL STORZ (Germany), Stryker (US), Boston Scientific (US), Ethicon (US), Fujifilm (Japan), Medtronic (Ireland), Hoya (Japan), CONMED (US), Richard Wolf GmbH (Germany), Smith & Nephew (UK), Cook Medical (US), Cogentix Medical (US), and B. Braun (Germany).

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Medical Aesthetics Market Scope by Different Segments

Scope of the Report

This report categorizes the global medical aesthetics market into the following segments and subsegments:

Medical Aesthetics Market, by Product

• Facial Aesthetic Products
• Body Contouring Devices
• Cosmetic Implants
• Hair Removal Devices
• Skin Aesthetic Devices
• Tattoo Removal Devices
• Thread Lift Products
• Physician-dispensed Cosmeceuticals and Skin Lighteners
• Physician-dispensed Eyelash Products
• Nail Treatment Laser Devices

Medical Aesthetics Market, by End User

• Clinics, Hospitals, and Medical Spas
• Beauty Centers
• Home Care

Medical Aesthetics Market, by Region

• North America
• Europe
• Asia Pacific
• Rest of the World (RoW)

"Medical Aesthetics Market is projected to reach USD 25.6 billion by 2027 from USD 10.3 billion in 2018, at a CAGR of 10.6%.

The growing adoption of minimally invasive and noninvasive aesthetic procedures, rising adoption among geriatric individuals, increasing public awareness about cosmetic procedures, the availability of technologically advanced and user-friendly products, and the increasing demand for aesthetic treatments among men are the key factors driving the growth of the medical aesthetics market during the forecast period.

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Healthcare Business Intelligence Market by Top Key Players

Factors such as the implementation of government initiatives to increase EHR adoption, growing adoption of data-driven decision-making, growing pressure to curb healthcare spending and improve patient outcomes, big data in healthcare, and the increasing number of patient registries are expected to drive the growth of the healthcare business intelligence (BI) market.

The healthcare business intelligence (BI) market is expected to reach USD 8.9 billion by 2023 from USD 4.4 billion in 2018, at a CAGR of 15.3% during the forecast period.

IBM and Microsoft are leading players in Healthcare Business Intelligence Market

Microsoft is among the key players in the healthcare business intelligence market. The company focuses on strengthening its R&D efforts to reinvent business productivity and build cloud platforms. It also provides its users with economical and convenient products that are integrated with the latest technological solutions and services. Microsoft’s strategy requires it to continuously invest in data centers and other infrastructure that support the latest devices and services. Also, the company invests a substantial amount of its annual revenue in R&D to offer powerful, flexible, secure, and easy-to-use solutions, which are available on a device or via the cloud. Microsoft mainly focuses on product innovation—in the last three years, the company has launched 6 products in the healthcare BI market

IBM is one of the key players in the healthcare BI market and provides a comprehensive range of solutions for this market. IBM is an innovation-centric company; its R&D expenditure has increased substantially in 2017 as compared to 2015. In 2017, it invested 7.3% of its annual revenue in R&D activities. This significant investment allows the company to offer innovative solutions by adopting new product launches. With an aim to increase its footprint in various sectors, IBM has adopted inorganic strategies, such as acquisitions, collaborations, and partnerships.

Other Key players in healthcare business intelligence (BI) market

The market is highly competitive in nature, with several big as well as emerging players. Prominent players in this market include Oracle (US), SAP SE (Germany), SAS Institute Inc. (US), Tableau Software (US), MicroStrategy Incorporated (US), QlikTech International AB (US), Information Builders (US), Sisense Inc. (US), Yellowfin BI (Australia), and BOARD International (Switzerland).

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Parkinson's Disease Treatment Market : Top Industry Player's Growth and Strategies

The Parkinson’s disease treatment market is fragmented in nature due to the presence of a large number of players. The key players are Teva (Israel), Novartis AG (Switzerland), GSK (UK), AbbVie (US), Merck (US), and Boehringer Ingelheim (Germany).

Expansions, acquisitions, agreements, and product launches were the key strategies followed by players in the Parkinson’s disease treatment market. 

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AbbVie is a key player in the Parkinson’s disease treatment market. The company focuses on organic growth to strengthen its positon in the market. For instance, in 2015, the company launched Duopa drug for treating Parkinson’s disease.

Teva is one of the key players in the Parkinson’s disease treatment market. The company focuses on organic and inorganic strategies to strengthen its position in the Parkinson’s disease treatment market. For instance, in 2015, the company entered into an agreement with Takeda pharmaceutical company to commercialize rasagiline tablets in the Japan.  

Boehringer Ingelheim is another major player in the Parkinson’s disease treatment market. The company mainly focuses on organic strategies to strengthen its position in the market. In 2015, The company launched a new R&D strategy for the fiscal years 2015–2020. 

The Parkinson’s disease treatment market is projected to reach USD 5.69 Billion by 2022 from an estimated USD 4.24 Billion in 2017, at a CAGR of 6.1%. The major factors driving the growth of this market are Growth in the aging population and the associated increase in the prevalence of Parkinson’s disease and growing government funding and support for research

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Top Industry Players of Global Healthcare Quality Management Market

The global healthcare quality management market is projected to reach USD 3.31 Billion by 2022 from an estimated USD 1.70 Billion in 2017, at a CAGR of 14.2%.

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In 2016, Nuance Communications, Inc. (U.S.), Premier, Inc. (U.S.), Truven Health Analytics (U.S.), Quantros, Inc. (U.S.), and Medisolv, Inc. (U.S.) dominated the market.

Nuance Communication, Inc. dominated the global healthcare quality management market in 2016. Nuance’s leading position in the market can be attributed to the wide range of its product portfolio. The company’s quality and risk management solutions include physician quality reporting solutions, eCQMs reporting solutions, patient safety organization reporting solutions, performance analytics, and clinical risk management solutions. 

The company has a strong presence across the globe mainly in the U.S., Australia, Austria, Belgium, Brazil, Canada, China, Germany, Hungary, India, Ireland, Italy, Japan, and the U.K. Approximately 71% of its revenue is generated from the North American region, but European markets such as Germany, the U.K., France, Italy, and Belgium are expected to offer lucrative growth opportunities in the near future. The company adopts different organic and inorganic growth strategies to strengthen its market position.

Truven Health Analytics is at the second position in the global healthcare quality management market. The company is known for its reputation in healthcare data management and analytics. The solutions offered by Truven are capable of monitoring and conducting real-time clinical observations that help providers minimize risk and deliver patient-specific clinical decision support (CDS) at the point of care. The company’s dominance in the market can be attributed to its wide range of product offerings and its strong geographical footprint. In the U.S., a large number of healthcare providers use Truven’s CareDiscovery Quality Measures to report quality measures

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Scope of Clinical Workflow Solutions Market During 2018-23

 The global clinical workflow solutions market is projected to reach USD 12.1 billion by 2023 from USD 6.8 billion in 2018, at a CAGR of 12.4%. 

Clinical Workflow Solutions Market by Product (Data Integration, EMR Integration, Nurse Call Systems, Unified Communications, Care Solutions, Patient Flow Management, Enterprise Solutions), End Users, and Region - Global Forecast to 2023

The growth of this market is mainly driven by the increase in need to curtail healthcare costs and the increasing patient volume due to the rising prevalence of chronic diseases. Also, the advantages of clinical workflow solutions in enhancing patient care and safety along with the government initiatives for HCIT adoption are escalating the market growth.

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Recent Developments

• In 2018, Infor launched the Healthcare Enterprise Analytics solution and the Infor Cloverleaf Integration Suite 6.2 version.
• In 2016 Cerner opened a Healthe center at the Cerner Center in Bangalore, India, which helped the company enter the Indian market and also expand its geographic reach.
• In 2016, Infor, Adobe, and Topline collaborated to form the H3 Solution, which includes AEM from Adobe, Cloverleaf from Infor, and Codeable LanguageTM from Topline Healthcare.
• In 2015, Cerner acquired the assets of Siemens Health Services, with an aim to expand its market share, enhance its R&D capabilities, and enter into new markets.

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