Home Healthcare global-personal-health-record-software-market

Healthcare

Image

Global Personal Health Record Software Market – Industry Trends and Forecast to 2030

  • Healthcare
  • Upcoming Report
  • Nov 2023
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Personal Health Record Software Market – Industry Trends and Forecast to 2030

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2022–2030
Diagram Market Size (Base Year) USD 8.40 Billion
Diagram Market Size (Forecast Year) USD 18.54 Billion
Diagram CAGR %

Global Personal Health Record Software Market, By Component (Software and Mobile Apps, Services), Deployment Mode (Web-based, Cloud-based), Architectural Type (Payer Tethered, Provider Tethered, Standalone) – Industry Trends and Forecast to 2030.

Personal Health Record Software Market Analysis and Size

A personal health record is a compilation of health-related data. A conventional personal health record already exists for a patient if they have medical records or a record of vaccinations. However, the typical personal health record does have one fundamental flaw. Patients do not have access to it when they need it. Patients' health information is now accessible anytime needed via web-enabled devices, such as PCs, cell phones, and tablets, to electronic personal health records, also known as personal health record software (PHRs) or personal medical record software.

Data Bridge Market Research analyses that the personal health record software market, which was USD 8.40 billion in 2022, would rocket up to USD 18.54 billion by 2030, and is expected to undergo a CAGR of 10.4% during the forecast period. This indicates that the market value. "Software and Mobile Apps" dominates the component segment of the personal health record software market owing to the increased digitalization of healthcare worldwide. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015-2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Component (Software and Mobile Apps, Services), Deployment Mode (Web-based, Cloud-based), Architectural Type (Payer Tethered, Provider Tethered, Standalone)

Countries Covered

U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia,  U.A.E., Egypt, Israel, and Rest of the Middle East & Africa

Market Players Covered

Kaaspro (India), Duchang IT (China), Epic Systems Corporation (U.S.), GoodWill International (U.S.), MEDICAL Information Technology Inc. (U.S.), SAP (Germany), CPSI (U.S.), Meta (U.S.), Elinext (U.S.), EPIC Systems Corporation (U.S.), INFOR (U.S.), Cognizant (U.S.), Oracle (U.S.), Jag products LLC (U.S.), Allscripts Healthcare LLC (U.S.), Optum Inc. (U.S.), Cerner Corporation (U.S.), Change Healthcare (U.S.),  Koninklijke Philips N.V. (Netherlands), athenahealth (U.S.), and eClinicalWorks (U.S.)

Market Opportunities
  • Growing efforts to spread digital platforms for pandemic management
  • Use of digital platforms in the medical sector

Market Definition

A system designed for patients to manage their health information and insurance paperwork is called personal health record software (PHR software). The software displays complete information on the patient's medical and current health records so that the patient and the doctor can access them during treatment management.

Personal Health Record Software Market Dynamics

Drivers

  • Digitalization of Healthcare

The global push towards digital health solutions propels the adoption of Personal Health Record (PHR) software. Digitalization streamlines healthcare data management, ensuring easy access, sharing, and tracking personal health information.

  • Patient Empowerment

PHR software empowers patients to manage their health data actively, fostering a sense of control and engagement in their healthcare journey. This empowerment encourages the adoption of PHR solutions.

  • Rising Chronic Diseases

The growing prevalence of chronic diseases necessitates continuous monitoring and management. PHR software aids individuals in monitoring their health parameters, medication schedules, and lifestyle choices, making it crucial for managing chronic conditions.

Opportunities

  • Telehealth Integration

Integration of PHR software with telehealth platforms enhances remote patient monitoring. The increasing adoption of telehealth services opens avenues for PHR software to play a vital role in remote healthcare management.

  • AI and Predictive Analytics

Incorporating Artificial Intelligence (AI) and predictive analytics features enables PHR software to provide personalized health insights. Predictive algorithms can alert users and healthcare providers about potential health risks, enhancing preventive care.

Restraints/ Challenges

  • Data Security Concerns

Data breaches and privacy concerns related to personal health information create hesitancy among users. Ensuring robust data security measures and compliance with healthcare regulations is a significant challenge for PHR software providers.

  • Limited Interoperability

Lack of standardized data formats and interoperability challenges between different PHR systems and healthcare providers hinder seamless data exchange, impacting the user experience.

  • User Engagement

Sustaining user engagement is a challenge. Users might lose interest or find it cumbersome to regularly update their health records, reducing the effectiveness of PHR software in the long run.

This personal health record software market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the personal health record software market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global Personal Health Record Software Market Scope

Personal health record software market is segmented on the basis of products, surgery, end-user, and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.

Component

  • Software and Mobile Apps
  • Services

 Deployment Mode

  • Web-based
  • Cloud-based

 Architectural Type

  • Payer Tethered
  • Provider Tethered
  • Standalone

Personal Health Record Software Market Regional Analysis/Insights

The personal health record software market is analyzed, and market size insights and trends are provided by country, products, surgery, end-user, and distribution channel, as referenced above.

The countries covered in the personal health record software market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and rest of South America as part of South America.

North America dominates the personal health record software market due to the growing geriatric population along with the adoption of innovative medical technology.

Asia-Pacific is expected to show a rapid and lucrative growth rate from 2023 to 2030 due to rising health awareness and growing demand for advanced medical technology.

The country section of the personal health record software market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data. The personal health record software market is analysed and market size insights and trends are provided by country, product, indication and end user as referenced above.

Healthcare Infrastructure growth Installed base and New Technology Penetration

The personal health record software market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for personal health record software market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on personal health record software market. The data is available for historic period 2011-2021.

Competitive Landscape and Personal Health Record Software Market Share Analysis

The personal health record software market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the market.

Some of the major players operating in the personal health record software market are:

  • Kaaspro (India)
  • Duchang IT (China)
  • Epic Systems Corporation (U.S.)
  • GoodWill International (U.S.)
  • MEDICAL Information Technology Inc. (U.S.)
  • SAP (Germany)
  • CPSI (U.S.)
  • Meta (U.S.)
  • Elinext (U.S.)
  • EPIC Systems Corporation (U.S.)
  • INFOR (U.S.)
  • Cognizant (U.S.)
  • Oracle (U.S.)
  • Jag products LLC (U.S.)
  • Allscripts Healthcare LLC (U.S.)
  • Optum Inc. (U.S.)
  • Cerner Corporation (U.S.)
  • Change Healthcare (U.S.)
  • Koninklijke Philips N.V. (Netherlands)
  • athenahealth (U.S.)
  • eClinicalWorks (U.S.)

SKU-

Please fill in the below form for detailed Table of Content

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Table

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Figure

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for Infographics

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Please fill in the below form for Research Methodology

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Please fill in the below form for Available Customization

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

FREQUENTLY ASK QUESTIONS

The personal health record software market size will be worth USD 18.54 billion by 2030.
The growth rate of the personal health record software market is 10.4% in the forecast by 2030.
Digitalization of healthcare, patient empowerment & rising chronic diseases are the growth drivers of the personal health record software market.
Products, surgery, end-users, and distribution channels are the factors on which the personal health record software market research is based.
Major companies in the personal health record software market are Kaaspro (India), Duchang IT (China), Epic Systems Corporation (U.S.), GoodWill International (U.S.), MEDICAL Information Technology Inc. (U.S.), SAP (Germany), CPSI (U.S.), Meta (U.S.), Elinext (U.S.), EPIC Systems Corporation (U.S.), INFOR (U.S.), Cognizant (U.S.), Oracle (U.S.), Jag products LLC (U.S.), Allscripts Healthcare LLC (U.S.), Optum Inc. (U.S.), Cerner Corporation (U.S.), Change Healthcare (U.S.), Koninklijke Philips N.V. (Netherlands), athenahealth (U.S.), and eClinicalWorks (U.S.).
Free Sample Report

CHOOSE LICENCE TYPE

  • 7000.00
  • 4800.00
  • 3000.00
  • 8000.00
  • 12000.00

Can be used by entire organization across the globe + Downloadable and Printable PDF + 30 + Countries

Buy Now
Request for TOC Speak to Analyst Inquire Before Buying Free Sample Report
Advance Formative Research Customization Request for bulk Reports

Why Choose Us

Industry Coverage

DBMR works across the globe in multiple industries which equip us with knowledge across verticals and provide our clients with insights not only from their industry but how other industries will impact their ecosystem.

Regional Coverage

Coverage of Data Bridge is not restricted to developed or emerging economies. We work across the globe covering the largest array of countries where no other market research or business consulting firm has ever conducted research; creating growth opportunities for our clients in areas which are still unknown.

Technology Coverage

In today’s world, technology drives the market sentiment, so our vision is to provide our clients insights not only for developed technologies but upcoming and disrupting technological changes throughout the product lifecycle by enabling them with unforeseen opportunities in the market which will create disruption in their industry. This leads to innovation and our clients to come out as winners.

Goal Oriented Solutions

DBMR goal is to help our clients achieve their goals through our solutions; hence we formatively create the most appropriate solutions for our client needs, saving time and efforts for them to drive their grand strategies.

Unparallel Analyst Support

Our analysts take pride in our clients’ success. Unlike others, we believe in working along our clients to achieve their goals with 24 hours analyst support determining the correct needs and inspire innovation through service.

Banner

Client Testimonials

David Manning - Thermo Fisher Scientific
Director, Global Strategic Accounts,

Dear Ricky,
I want to thank you for the excellent market analysis (LIMS INSTALLED BASE DATA) that you and your team delivered, especially end of year on short notice. Sachin and Shraddha captured the requirements, determined their path forward and executed quickly.
You, Sachin and Shraddha have been a pleasure to work with – very responsive, professional and thorough. Your work is much appreciated.

Image
Manager - Market Analytics,
Uriah D. Avila - Zeus Polymer Solutions

Thank you for all the assistance and the level of detail in the market report. We are very pleased with the results and the customization. We would like to continue to do business.

Business Development Manager,
(Pharmaceuticals Partner for Nasal Sprays) | Renaissance Lakewood LLC

DBMR was attentive and engaged while discussing the Global Nasal Spray Market. They understood what we were looking for and was able to provide some examples from the report as requested. DBMR Service team has been responsive as needed. Depending on what my colleagues were looking for, I will recommend your services and would be happy to stay connected in case we can utilize your research in the future.

Image
Business Intelligence and Analytics,
Ipsen Biopharm Limited

We are impressed by the CENTRAL PRECOCIOUS PUBERTY (CPP) TREATMENT report - so a BIG thanks to you colleagues.

Image
Competition Analyst,
Basler Web

I just wanted to share a quick note and let you know that you guys did a really good job. I’m glad I decided to work with you. I shall continue being associated with your company as long as we have market intelligence needs.

Image
Marketing Director,
Buhler Group

It was indeed a good experience, would definitely recommend and come back for future prospects.

COO,
A global leader providing Drug Delivery Services

DBMR did an outstanding job on the Global Drug Delivery project, We were extremely impressed by the simple but comprehensive presentation of the study and the quality of work done. This report really helped us to access untapped opportunities across the globe.

Image
Marketing Director,
Philips Healthcare

The study was customized to our targets and needs with well-defined milestones. We were impressed by the in-depth customization and inclusion of not only major but also minor players across the globe. The DBMR Market position grid helped us to analyze the market in different dimension which was very helpful for the team to get into the minute details.

Image
Product manager,
Fujifilms

Thankful to the team for the amazing coordination, and helping me at the last moment with my presentation. It was indeed a comprehensive report that gave us revenue impacting solution enabling us to plan the right move.

Image
Investor relations,
GE Healthcare

Thank you for the report, and addressing our needs in such short time. DBMR has outdone themselves in this project with such short timeframe.

Image
Market Analyst,
Medincell

We found the results of this study compelling and will help our organization validate a market we are considering to enter. Thank you for a job well done.

Image
Andrew - Senior Global Marketing Manager,
Medtronic (US)

I want to thank you for your help with this report – It’s been very helpful in our business planning and it well organized.

Image
Amarildo - Manager, Global Strategic Alignment
MasterCard

We believe the work done by Data Bridge Team for our requirements in the North America Loyalty Management Market was fantastic and would love to continue working with your team moving forward.

Image
Tor Hammer
Green Nexus LLc

Thank you for your quick response to this unfortunate circumstance. Please extend my thanks to your reach team. I will be contacting you in the future with further projects

Tommaso Finocchiaro
Market Intelligence Specialist Nippon Gasses

I acknowledge the difficulty given by the very short warning for this report, and I think that its quality and your delivering time have been very satisfying. Obviously, as a provider Data Bridge Market Research will be considered as a plus for future needs of Nippon Gases.

Yuki Kopyl (Asian Business Development Department)
UENO FOOD TECHNO INDUSTRY, LTD. (JAPAN)

Xylose report was very useful for our team. Thank you very much & hope to work with you again in the future