Dublin, November 29, 2021 (GLOBE NEWSWIRE) – The Personal Health Record Software Market Size, Share and Trend Analysis Report by Component (Mobile Software & Applications, Services), Deployment Mode (Cloud, Web), by Architecture Type and segment forecast, 2021-2028 ” the report was added to ResearchAndMarkets.com offer.

The global personal health record software market size is expected to reach USD 14.87 million by 2028, with a CAGR of 9.9%.

Strong acceptance of advanced technologies, increasing demand for centralization and streamlining of healthcare information, increasing patient awareness of storage and management of medical information, and increasing government initiatives will support the growth of the market. during the forecast period.

For example, in October 2019, the Indian Government’s Union Ministry of Health and Family Welfare developed an app, “My Health Record,” which allows users to store their past prescriptions, detailed health, their laboratory records and their diagnoses on a single platform and share it with medical specialists as needed. COVID-19 has changed the way people work and live, forcing healthcare groups to share individuals’ medical records in a meaningful and easily accessible format.

The Department of Health and Human Services office of the National Coordinator of Health Information Technology, in conjunction with the Centers for Medicare & Medicaid Services, has released two new rules that will take effect in April 2021. A rule requires health care groups to make data from health records available. electronically using widely used technical standards. While the other prohibits “information blocking,” where health care groups place undue practical, financial and technical barriers to sharing health information.

North America region held the largest revenue share of over 55% in 2020 due to government initiatives for e-health and an increased need to follow regulatory guidelines and reduce rising costs of care health. The European region held the second largest market share in 2020 due to the falling cost of care and the anticipation of a possible medical emergency.

Major players invest in many strategic initiatives, such as acquisitions, mergers, partnerships and product launches, among others to maintain a competitive advantage in the market. For example, in March 2020, Knapsack Health launched a free personal health record for individuals, families and caregivers.

Highlights of the Personal Health Record Software Market Report

  • The strong acceptance of advanced technologies to meet growing customer needs and the expansion of digital healthcare have significantly contributed to the growth of the market
  • In terms of revenue, the software components and mobile applications segment dominated the market in 2020 due to the increase in supportive government initiatives
  • Cloud-based Deployment Mode segment is expected to register the fastest CAGR during the forecast period due to the technological upgrade in the healthcare industry and the increasing focus on the digitalization of healthcare health
  • Stand-alone architecture segment accounted for the largest share of revenue in 2020 due to wide adoption due to its advantages, such as privacy control
  • The major players in the Personal Health Record Software market are focusing on various strategies such as new product development and business expansion for better market penetration
  • For example, in September 2020, PicnicHealth raised $ 25 million for its patient medical records management service; thus strengthening its position in the market

Main topics covered:

Chapter 1. Methodology and scope

Chapter 2. Executive summary

Chapter 3. Market Variables, Trends and Scope

Chapter 4. Impact of COVID-19 on Personal Health Record Software Market

Chapter 5. Personal Health Record Software Market: Component Estimates and Trend Analysis

Chapter 6. Personal Health Record Software Market: Deployment Mode Estimates and Trend Analysis

Chapter 7. Personal Health Record Software Market: Architecture Type Estimates and Trend Analysis

Chapter 8. Personal Health Record Software Market: Regional Estimates and Trend Analysis

Chapter 9. Competitive analysis

Chapter 10. Competitive landscape

  • Healthspek
  • Health companion
  • NoMorePaper
  • Patient ally
  • Records For Life, Inc.
  • Practice Fusion, Inc.
  • SoftClinic software
  • Backpack health
  • 75Health (Kaaspro)
  • Zapbuild
  • Valid

For more information on this report, visit https://www.researchandmarkets.com/r/u5chzb


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