Personal Health Record Software Market Share, Size, Trends, Industry Analysis Report, By Component (Software & Mobile Apps, Services), By Deployment Mode (Web-based, Cloud-based), By Architectural Type (Payer Tethered, Provider Tethered, Standalone), By R

Personal Health Record Software Market Share, Size, Trends, Industry Analysis Report, By Component (Software & Mobile Apps, Services), By Deployment Mode (Web-based, Cloud-based), By Architectural Type (Payer Tethered, Provider Tethered, Standalone), By Region; Segment Forecast, 2022 - 2030

The global personal health record software market size is expected to reach USD 16.84 million by 2030 according to a new study by Polaris Market Research. The report “Personal Health Record Software Market Share, Size, Trends, Industry Analysis Report, By Component (Software & Mobile Apps, Services), By Deployment Mode (Web-based, Cloud-based), By Architectural Type (Payer Tethered, Provider Tethered, Standalone), By Region; Segment Forecast, 2022 – 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Several significant factors attributing to the industry growth are the growing demand for the centralizing & streamlining of medical information coupled with the increasing initiatives to promote patient-centric care. In addition, the arrival of COVID-19 fuels the industry demand because of the rising need for digital tools for medical and the augmentation of digitalization across every industry. Besides, the availability of technologically developed products tied with the increasing government initiatives further fosters global industry growth.

Based on a component, the software & mobile apps segment holds the largest revenue share in the global industry due to the increasing number of technological developments across the medical sector. In contrast, the services segment is the fastest-growing segment worldwide. The growing digitalization in the healthcare industry is propelling its demand.