Global Digital Front Door Market is valued at approximately USD XX Billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Patients may access their data and manage their services through a single app thanks to a digital front door. Healthcare firms use digital front doors in addition to conventional patient portals to promote Omni channel consumer engagement. The market is expanding as a result of evolving government regulations and healthcare initiatives that support patient-centric care, as well as rising post-pandemic demand for patient engagement goods and increased utilization of medical-health applications. The increasing importance for health tracking is another factor which is driving the growth of the digital front door market.
In addition, investor interest in these technologies has increased as a result of the advantages they can provide for healthcare systems that are struggling with a staffing crisis. According to a survey released on May 2 by the IT industry analytics company CB Insights, in 2021, technology funding for digital front doors increased 67% annually to a record high of $1.9 billion. By the end of this year, that amount is anticipated to increase by more than 32% to reach $2.5 billion. This financial boom is being driven by patient-facing technologies that support asynchronous treatment, such as platforms for patient engagement and remote patient monitoring. Furthermore, the increase in physician shortage, digital front doors will play a significant role in the upcoming years as patients struggle with making appointments with their physicians. Also the increasing senior population is paving way for the demand for digital front doors as they will be needing easy accessibility. However, the concerns about consumer data security and privacy restricts the growth of this technology over the forecast period of 2022-2029.
The key regions considered for the Global Digital Front Door Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominates the market in terms of revenue as it generated the highest revenue share in 2021 and rising venture capital financing. Whereas, the Asia-Pacific market is anticipated to expand at a much faster rate over the anticipated time frame. The Asia-Pacific market is being driven by an ageing population and an increase in the prevalence of various chronic illnesses, as well as a growing demand for affordable and high-quality treatment.
Major market players included in this report are:
Oracle (Cerner)
Induction Healthcare Group PLC
mphrX
NXGN Management, LLC
Orion Health
Deliver Health
McKesson Corporation
Persistent Systems
Klara Technologies, Inc.
Athenahealth Inc.
Recent Developments in the Market:
? In December 2022, Children’s Hospital & Medical Centre recently made the decision to utilize Gozio Health’s mobile platform as the cornerstone of a comprehensive digital front door approach. Patients and families may now access a range of consumer-facing digital features through the Children’s GO app, all of which are available inside a single, user-friendly interface. These features include internal and outdoor way-finding, physician directories, appointment booking, and more.
Global Digital Front Door Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Interface, End-use
Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Interface:
Web
Mobile
By End-use:
Providers
Payers
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
ROLA
Rest of the World