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Global Personal Health Record Software Market By Component, By Architecture Type, By Deployment Mode, By Regional Outlook, Industry Analysis Report and Forecast, 2021 - 2027

  • ID: 5472856
  • Report
  • September 2021
  • Region: Global
  • 171 Pages
  • Marqual IT Solutions Pvt. Ltd (KBV Research)

FEATURED COMPANIES

  • Health Companion, Inc.
  • Knapsack Health
  • Records for Living, Inc.
  • Validic, Inc.

The Global Personal Health Record Software Market size is expected to reach $13.2 Million by 2027, rising at a market growth of 9.8% CAGR during the forecast period. Personal Health Record Software (PHR software) refers to a solution developed for patients to manage their health records along with insurance documents. A complete view of the medical and the current health records is shown in the software for the patient & doctors to get access to these records at the time of the treatment management process.


Some of the basic information that is updated in the PHR software is a doctor’s name, prescribed medications with dosage details; patient & doctor address details, medical history, and crucial information on allergies and drug reaction data. In addition, some more information like the detailed information and analytical representation of any lifestyle disease such as CVD, high blood pressure, diabetes, etc., genetic & hereditary disease information, past & upcoming surgery details, and detailed history of immunization and ill effects, are displayed in the PHR software.


The surge in the number of government initiatives to promote paperless data integration in the healthcare industry and increasing awareness among patients living in urban areas about medical information management and storage are anticipated to bolster the growth of the global personal health record software market. There are several concerns attached to individual health data security, which is expected to possess a challenge for the market players. It is expected to further impact patient engagement initiatives and restricting the adoption of PHR solutions among the patients. 





COVID-19 Impact Analysis

The outbreak of the global COVID-19 pandemic has put more pressure on healthcare organizations from the initial phases of the pandemic. The pandemic has negatively impacted the sales and revenues of key market players owing to the slowdown in new business bookings since some client purchasing decisions and projects were postponed to obtain important medical supplies, treating patients, and managing their organizations in the crisis. Additionally, enterprises like Allscripts, experienced some delays in dealing with direct software revenue & professional services deployments across their outpatient & inpatient base.


The pandemic has collapsed the condition of work and life, creating an instant requirement for digital tools since companies across all the industries and regions surged their digital revolution efforts and shifted their products & services to the online platform. However, this pandemic has positively impacted the growth of the market due to the high acceptance of advanced technologies to fulfill the growing customer requirements.



Market Growth Factors:


Increasing government initiatives across the globe

There are growing government initiatives across various regions to promote the paperless healthcare mechanism, which is estimated to accelerate the growth of the personal health record software market. In addition, the burden of carrying multiple papers or prescriptions for availing any healthcare facilities has led patients to opt for personal health record software, which is expected to further augment the growth of the market in the coming years.



Growing digitalization in the healthcare industry

The increasing digitalization across the globe, especially in the healthcare sector is creating demand for more advanced, compact, and convenient technologies and solutions, which is estimated to fuel the demand for personal health record software. This software helps in keeping the health record of a person that includes a wide variety of information like doctor and patient's address, an allergy to the patient, etc., which improves the healthcare management.



Market Restraining Factor:


Privacy and security concerns

As all the health-related information of a person is updated in the personal health record software, it becomes extremely important to protect this information from getting into the wrong hands. Misuse of this information by criminals for illegal purpose has a high probability. With the improvements in technology and the growing adoption of smart technologies and solutions by patients, the chances of security and data breaches are relatively higher than earlier. Criminals are getting more advanced with time and have found new ways to carry out their plans for data theft.





Component Outlook

Based on Component, the market is segmented into Software & Mobile Apps and Services. The services segment is projected to exhibit the fastest growth rate during the forecast period. Previously, the personal health record of a person was written on papers or documents saved on file. In addition, companies like PicnicHealth, are providing personal health record services.



Architecture Type Outlook

Based on Architecture Type, the market is segmented into Payer Tethered, Standalone and Provider Tethered. The provider-tethered segment is projected to register a significant growth rate during the forecast period. These provider-tethered personal health records are protected by a healthcare administration's internal record system. The surging government initiatives to promote healthcare IT usage and the launch of numerous technologically sophisticated healthcare services are estimated to spur the growth of the segment.



Deployment Mode Outlook

Based on Deployment Mode, the market is segmented into Web-based and Cloud-based. The web-based deployment mode segment procured the highest revenue share in the personal health record software market in 2020. The rising adoption of online apps and changing trends in digitization are estimated to bolster the growth of the segment over the forecast period. The development of new and innovative technologies enables customers to get access to apps with the help of Uniform Resource Locators (URLs).



Regional Outlook

Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. LAMEA is anticipated to witness the fastest CAGR during the forecast period. The increasing demand for remote patient monitoring solutions, owing to the aging population and rising cases of chronic conditions, is the key aspect propelling the growth of the regional market.



The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Health Companion, Inc., NoMoreClipboard, LLC (Medical Informatics Engineering, Inc.), Office Ally Inc. (Patient Ally), Records for Living, Inc., Practice Fusion, Inc. (AllScripts Healthcare Solutions, Inc.), JVS Group (SoftClinic Software), Knapsack Health, Zapbuild Technologies Private Limited, and Validic, Inc.



Recent Strategies Deployed in Personal Health Record Software Market

  • Mar-2020

    :

    Knapsack Health rolled out a free Personal Health Record (PHR) for people, caretakers, and families. The objective of the company through this launch is to offer patients the device they require to record their health records and manage & monitor the records of their loved ones.
  • May-2018

    :

    Practice Fusion launched e-prescribing for controlled substances (EPCS), which is accessible for customers across the US. E-Prescribing of controlled substances, or EPCS, refers to the electronic transmission of a prescription for a controlled substance to a pharmacy.
  • Dec-2017

    :

    JVS Technologies introduced a Digital Approach towards Healthcare Data Management to its Electronic Health Record (EHR) Software. As there is a huge amount of data produced on daily basis, managing this data through traditional procedures is a very challenging and high-maintenance task to be carried out manually. For this, the company developed an easy to utilize and scalable Electronic Health Record (EHR) Software for healthcare professionals.
  • May-2017

    :

    Practice Fusion expanded its reach by allowing the sales of e-prescribing for controlled substances (EPCS) to other states. After delivering their e-prescribing for controlled substances (EPCS) system to their customers in New York, the company is aggressively working to provide EPCS to practices in all states of the US.
  • Feb-2017

    :

    Practice Fusion introduced various latest features in its EHR, along with workflow enhancements, and customization options to save time. With these latest updates focused on efficiency, customers can also focus on the most important aspects: practice and patients.

Scope of the Study


Market Segments Covered in the Report:


By Component

  • Software & Mobile Apps
  • Services

By Architecture Type

  • Payer Tethered
  • Standalone
  • Provider Tethered

By Deployment Mode

  • Web-based
  • Cloud-based

By Geography

  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players


List of Companies Profiled in the Report:


  • Health Companion, Inc.
  • NoMoreClipboard, LLC (Medical Informatics Engineering, Inc.)
  • Office Ally Inc. (Patient Ally)
  • Records for Living, Inc.
  • Practice Fusion, Inc. (AllScripts Healthcare Solutions, Inc.)
  • JVS Group (SoftClinic Software)
  • Knapsack Health
  • Zapbuild Technologies Private Limited
  • Validic, Inc.

Unique Offerings from the Publisher

  • Exhaustive coverage
  • The highest number of market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Health Companion, Inc.
  • Knapsack Health
  • Records for Living, Inc.
  • Validic, Inc.

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Personal Health Record Software Market, by Component
1.4.2 Global Personal Health Record Software Market, by Architecture Type
1.4.3 Global Personal Health Record Software Market, by Deployment Mode
1.4.4 Global Personal Health Record Software Market, by Geography
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Global Personal Health Record Software Market by Component
3.1 Global Software & Mobile Apps Market by Region
3.2 Global Services Market by Region
Chapter 4. Global Personal Health Record Software Market by Architecture Type
4.1 Global Payer Tethered Market by Region
4.2 Global Standalone Market by Region
4.3 Global Provider Tethered Market by Region
Chapter 5. Global Personal Health Record Software Market by Deployment Mode
5.1 Global Web-based Market by Region
5.2 Global Cloud-based Market by Region
Chapter 6. Global Personal Health Record Software Market by Region
6.1 North America Personal Health Record Software Market
6.1.1 North America Personal Health Record Software Market by Component
6.1.1.1 North America Software & Mobile Apps Market by Country
6.1.1.2 North America Services Market by Country
6.1.2 North America Personal Health Record Software Market by Architecture Type
6.1.2.1 North America Payer Tethered Market by Country
6.1.2.2 North America Standalone Market by Country
6.1.2.3 North America Provider Tethered Market by Country
6.1.3 North America Personal Health Record Software Market by Deployment Mode
6.1.3.1 North America Web-based Market by Country
6.1.3.2 North America Cloud-based Market by Country
6.1.4 North America Personal Health Record Software Market by Country
6.1.4.1 US Personal Health Record Software Market
6.1.4.1.1 US Personal Health Record Software Market by Component
6.1.4.1.2 US Personal Health Record Software Market by Architecture Type
6.1.4.1.3 US Personal Health Record Software Market by Deployment Mode
6.1.4.2 Canada Personal Health Record Software Market
6.1.4.2.1 Canada Personal Health Record Software Market by Component
6.1.4.2.2 Canada Personal Health Record Software Market by Architecture Type
6.1.4.2.3 Canada Personal Health Record Software Market by Deployment Mode
6.1.4.3 Mexico Personal Health Record Software Market
6.1.4.3.1 Mexico Personal Health Record Software Market by Component
6.1.4.3.2 Mexico Personal Health Record Software Market by Architecture Type
6.1.4.3.3 Mexico Personal Health Record Software Market by Deployment Mode
6.1.4.4 Rest of North America Personal Health Record Software Market
6.1.4.4.1 Rest of North America Personal Health Record Software Market by Component
6.1.4.4.2 Rest of North America Personal Health Record Software Market by Architecture Type
6.1.4.4.3 Rest of North America Personal Health Record Software Market by Deployment Mode
6.2 Europe Personal Health Record Software Market
6.2.1 Europe Personal Health Record Software Market by Component
6.2.1.1 Europe Software & Mobile Apps Market by Country
6.2.1.2 Europe Services Market by Country
6.2.2 Europe Personal Health Record Software Market by Architecture Type
6.2.2.1 Europe Payer Tethered Market by Country
6.2.2.2 Europe Standalone Market by Country
6.2.2.3 Europe Provider Tethered Market by Country
6.2.3 Europe Personal Health Record Software Market by Deployment Mode
6.2.3.1 Europe Web-based Market by Country
6.2.3.2 Europe Cloud-based Market by Country
6.2.4 Europe Personal Health Record Software Market by Country
6.2.4.1 Germany Personal Health Record Software Market
6.2.4.1.1 Germany Personal Health Record Software Market by Component
6.2.4.1.2 Germany Personal Health Record Software Market by Architecture Type
6.2.4.1.3 Germany Personal Health Record Software Market by Deployment Mode
6.2.4.2 UK Personal Health Record Software Market
6.2.4.2.1 UK Personal Health Record Software Market by Component
6.2.4.2.2 UK Personal Health Record Software Market by Architecture Type
6.2.4.2.3 UK Personal Health Record Software Market by Deployment Mode
6.2.4.3 France Personal Health Record Software Market
6.2.4.3.1 France Personal Health Record Software Market by Component
6.2.4.3.2 France Personal Health Record Software Market by Architecture Type
6.2.4.3.3 France Personal Health Record Software Market by Deployment Mode
6.2.4.4 Russia Personal Health Record Software Market
6.2.4.4.1 Russia Personal Health Record Software Market by Component
6.2.4.4.2 Russia Personal Health Record Software Market by Architecture Type
6.2.4.4.3 Russia Personal Health Record Software Market by Deployment Mode
6.2.4.5 Spain Personal Health Record Software Market
6.2.4.5.1 Spain Personal Health Record Software Market by Component
6.2.4.5.2 Spain Personal Health Record Software Market by Architecture Type
6.2.4.5.3 Spain Personal Health Record Software Market by Deployment Mode
6.2.4.6 Italy Personal Health Record Software Market
6.2.4.6.1 Italy Personal Health Record Software Market by Component
6.2.4.6.2 Italy Personal Health Record Software Market by Architecture Type
6.2.4.6.3 Italy Personal Health Record Software Market by Deployment Mode
6.2.4.7 Rest of Europe Personal Health Record Software Market
6.2.4.7.1 Rest of Europe Personal Health Record Software Market by Component
6.2.4.7.2 Rest of Europe Personal Health Record Software Market by Architecture Type
6.2.4.7.3 Rest of Europe Personal Health Record Software Market by Deployment Mode
6.3 Asia Pacific Personal Health Record Software Market
6.3.1 Asia Pacific Personal Health Record Software Market by Component
6.3.1.1 Asia Pacific Software & Mobile Apps Market by Country
6.3.1.2 Asia Pacific Services Market by Country
6.3.2 Asia Pacific Personal Health Record Software Market by Architecture Type
6.3.2.1 Asia Pacific Payer Tethered Market by Country
6.3.2.2 Asia Pacific Standalone Market by Country
6.3.2.3 Asia Pacific Provider Tethered Market by Country
6.3.3 Asia Pacific Personal Health Record Software Market by Deployment Mode
6.3.3.1 Asia Pacific Web-based Market by Country
6.3.3.2 Asia Pacific Cloud-based Market by Country
6.3.4 Asia Pacific Personal Health Record Software Market by Country
6.3.4.1 China Personal Health Record Software Market
6.3.4.1.1 China Personal Health Record Software Market by Component
6.3.4.1.2 China Personal Health Record Software Market by Architecture Type
6.3.4.1.3 China Personal Health Record Software Market by Deployment Mode
6.3.4.2 Japan Personal Health Record Software Market
6.3.4.2.1 Japan Personal Health Record Software Market by Component
6.3.4.2.2 Japan Personal Health Record Software Market by Architecture Type
6.3.4.2.3 Japan Personal Health Record Software Market by Deployment Mode
6.3.4.3 India Personal Health Record Software Market
6.3.4.3.1 India Personal Health Record Software Market by Component
6.3.4.3.2 India Personal Health Record Software Market by Architecture Type
6.3.4.3.3 India Personal Health Record Software Market by Deployment Mode
6.3.4.4 South Korea Personal Health Record Software Market
6.3.4.4.1 South Korea Personal Health Record Software Market by Component
6.3.4.4.2 South Korea Personal Health Record Software Market by Architecture Type
6.3.4.4.3 South Korea Personal Health Record Software Market by Deployment Mode
6.3.4.5 Singapore Personal Health Record Software Market
6.3.4.5.1 Singapore Personal Health Record Software Market by Component
6.3.4.5.2 Singapore Personal Health Record Software Market by Architecture Type
6.3.4.5.3 Singapore Personal Health Record Software Market by Deployment Mode
6.3.4.6 Malaysia Personal Health Record Software Market
6.3.4.6.1 Malaysia Personal Health Record Software Market by Component
6.3.4.6.2 Malaysia Personal Health Record Software Market by Architecture Type
6.3.4.6.3 Malaysia Personal Health Record Software Market by Deployment Mode
6.3.4.7 Rest of Asia Pacific Personal Health Record Software Market
6.3.4.7.1 Rest of Asia Pacific Personal Health Record Software Market by Component
6.3.4.7.2 Rest of Asia Pacific Personal Health Record Software Market by Architecture Type
6.3.4.7.3 Rest of Asia Pacific Personal Health Record Software Market by Deployment Mode
6.4 LAMEA Personal Health Record Software Market
6.4.1 LAMEA Personal Health Record Software Market by Component
6.4.1.1 LAMEA Software & Mobile Apps Market by Country
6.4.1.2 LAMEA Services Market by Country
6.4.2 LAMEA Personal Health Record Software Market by Architecture Type
6.4.2.1 LAMEA Payer Tethered Market by Country
6.4.2.2 LAMEA Standalone Market by Country
6.4.2.3 LAMEA Provider Tethered Market by Country
6.4.3 LAMEA Personal Health Record Software Market by Deployment Mode
6.4.3.1 LAMEA Web-based Market by Country
6.4.3.2 LAMEA Cloud-based Market by Country
6.4.4 LAMEA Personal Health Record Software Market by Country
6.4.4.1 Brazil Personal Health Record Software Market
6.4.4.1.1 Brazil Personal Health Record Software Market by Component
6.4.4.1.2 Brazil Personal Health Record Software Market by Architecture Type
6.4.4.1.3 Brazil Personal Health Record Software Market by Deployment Mode
6.4.4.2 Argentina Personal Health Record Software Market
6.4.4.2.1 Argentina Personal Health Record Software Market by Component
6.4.4.2.2 Argentina Personal Health Record Software Market by Architecture Type
6.4.4.2.3 Argentina Personal Health Record Software Market by Deployment Mode
6.4.4.3 UAE Personal Health Record Software Market
6.4.4.3.1 UAE Personal Health Record Software Market by Component
6.4.4.3.2 UAE Personal Health Record Software Market by Architecture Type
6.4.4.3.3 UAE Personal Health Record Software Market by Deployment Mode
6.4.4.4 Saudi Arabia Personal Health Record Software Market
6.4.4.4.1 Saudi Arabia Personal Health Record Software Market by Component
6.4.4.4.2 Saudi Arabia Personal Health Record Software Market by Architecture Type
6.4.4.4.3 Saudi Arabia Personal Health Record Software Market by Deployment Mode
6.4.4.5 South Africa Personal Health Record Software Market
6.4.4.5.1 South Africa Personal Health Record Software Market by Component
6.4.4.5.2 South Africa Personal Health Record Software Market by Architecture Type
6.4.4.5.3 South Africa Personal Health Record Software Market by Deployment Mode
6.4.4.6 Nigeria Personal Health Record Software Market
6.4.4.6.1 Nigeria Personal Health Record Software Market by Component
6.4.4.6.2 Nigeria Personal Health Record Software Market by Architecture Type
6.4.4.6.3 Nigeria Personal Health Record Software Market by Deployment Mode
6.4.4.7 Rest of LAMEA Personal Health Record Software Market
6.4.4.7.1 Rest of LAMEA Personal Health Record Software Market by Component
6.4.4.7.2 Rest of LAMEA Personal Health Record Software Market by Architecture Type
6.4.4.7.3 Rest of LAMEA Personal Health Record Software Market by Deployment Mode
Chapter 7. Company Profiles
7.1 Health Companion, Inc.
7.1.1 Company Overview
7.2 NoMoreClipboard, LLC (Medical Informatics Engineering, Inc.)
7.2.1 Company Overview
7.3 Office Ally Inc. (Patient Ally)
7.3.1 Company Overview
7.4 Records for Living, Inc.
7.4.1 Company Overview
7.5 Practice Fusion, Inc. (AllScripts Healthcare Solutions, Inc.)
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expenses
7.5.5 Recent strategies and developments:
7.5.5.1 Product Launches and Product Expansions:
7.5.5.2 Geographical Expansions:
7.6 JVS Group (SoftClinic Software)
7.6.1 Company Overview
7.6.2 Recent strategies and developments:
7.6.2.1 Product Launches and Product Expansions:
7.7 Knapsack Health
7.7.1 Company Overview
7.7.2 Recent strategies and developments:
7.7.2.1 Product Launches and Product Expansions:
7.8 Zapbuild Technologies Private Limited
7.8.1 Company Overview
7.9 Validic, Inc.
7.9.1 Company Overview
Note: Product cover images may vary from those shown
  • Health Companion, Inc.
  • NoMoreClipboard, LLC (Medical Informatics Engineering, Inc.)
  • Office Ally Inc. (Patient Ally)
  • Records for Living, Inc.
  • Practice Fusion, Inc. (AllScripts Healthcare Solutions, Inc.)
  • JVS Group (SoftClinic Software)
  • Knapsack Health
  • Zapbuild Technologies Private Limited
  • Validic, Inc.
Note: Product cover images may vary from those shown

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