"Designing Growth Strategies is in our DNA"

Patient Access Solutions Market Size, Share & Industry Analysis, By Software and services Type (Services, Software), By Delivery Mode(Web and Cloud Based, On- Premise), By End-user (Healthcare Providers, HCIT Outsourcing Companies, Others) And Regional Forecast 2021-2028

Region : Global | Report ID: FBI105361 | Status : Ongoing

 

KEY MARKET INSIGHTS

Patient access states the power of patients and their families to take charge of their own health care. The patient access solutions includes denials management, payment estimation . Denial management has significant role to play in hospital revenue generation. Rising patient volume and subsequent growth in the demand for health insurance, the growing importance of denials management, declining reimbursement rates, increase in the volume of unstructured data in the healthcare industry, and the rising need to curtail escalating healthcare costs are the main factors driving the expansion of this. The rising needs of maintaining regulatory compliance is going to fuel the patient access solutions market growth.


Growing patient volume and subsequent increase in the demand for health insurance, importance of denials management, declining reimbursement rates, rising necessity to curtail healthcare costs is likely to accelerate the growth of the patient access solutions market. Combined with this, medical devices have enabled the efficient use of patient access solutions in the industry.


However, data breaches and loss of confidentiality is mainly due to a lack of internal control over patient information, lack of top management support, outdated policies and procedures or non-adherence to existing ones, and inadequate personnel training. The market growth could also be negatively affected with medical identity theft in patient access solutions market.


Key Market Driver -

Increasing number of Claims Denials to amplify its demand

Key Market Restraint -

Data breaches and loss of confidentiality


Market Segmentation:


Globally, the patient access solutions market can be segmented into software and service type, delivery mode, end-user and region. Based on software and service type, the market can be divided into services (support & maintenance, training & education) and software (eligibility verification, medical necessity management, pre-certification & authorization, claims denial & appeal management, payments estimation software, claims payment assessment software, other software). On the basis of delivery mode, the market can be segmented into web & cloud based and on-Premise.  Based on segmentation of end-user, the market can be categorized into Healthcare Providers, HCIT Outsourcing Companies, Others.


Geographically, the patient access solutions market can be segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa.


Key Players Covered:


Some of the major companies that are present in the Patient Access Solutions market are Cognizant (US), McKesson Corporation (US), Cerner Corporation (US), Experian (Ireland), 3M (US) Craneware (US), Allscripts (US) SSI Group (US), Optum (US), Cirius Group (US) and others prominent players


Key Insights:



  • Technological Advancements in Patient Access Solutions Market

  • Key Industry Developments – Merger, Acquisitions, and Partnerships

  • Key Product Launches

  • Overview of Regulatory Scenario – Key Country/Region

  • COVID-19 Impact on Patient Access Solutions Market


Regional Analysis:


Based on segmentation of region, the patient access solutions market can be segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America is projected to dominate the market in 2021 and is estimated to retain its leading position over the forecast duration. Factors such as increasing government support for improving healthcare infrastructure, presence of a high-quality healthcare system and advanced medical technology. The European region is estimated to secure the growing position in the market owed to factors such as advanced healthcare infrastructure, favorable reimbursement policies among others. These factors combined with others are estimated to augment the market growth in Europe for the coming years.


Implementation of various government initiatives focused on the greater adoption of healthcare IT solutions in China, India, and Australia along with increasing government spending on healthcare is projected to boost the demand for patient access solutions. The market growth in the region is also supplemented by Technological advancements in countries such as India and China. The market in countries of Latin America and Middle East and Africa are expected to grow at a slower rate as compared to other regions owed to limited penetration of advanced medical devices.


To gain extensive insights into the market, Request for Customization


Segmentation


























  ATTRIBUTE


  DETAILS

By Software and services Type




  • Services

    • Support & Maintenance

    • Training & Education



  • Software

    • Eligibility Verification

    • Medical Necessity Management

    • Pre-Certification & Authorization

    • Claims Denial & Appeal management

    • Payments Estimation Software

    • Claims Payment Assessment Software

    • Other





By Delivery Mode




  • Web and Cloud Based

  • On- Premise



By End-user




  • Healthcare Providers

  • HCIT Outsourcing Companies

  • Others



By Geography




  • North America (USA, Canada)

  • Europe (UK, Germany, France, Italy, Spain, Scandinavia, and the Rest of Europe)

  • Asia Pacific (Japan, China, India, Australia, Southeast Asia, and the Rest of Asia Pacific)

  • Latin America (Brazil, Mexico, the Rest of Latin America)

  • Middle East & Africa (South Africa, GCC, and the Rest of the Middle East & Africa)



Patient Access Solutions Market Industry Developments



  • In 2019 - RxCrossroads by McKesson launched AMP: Access for More Patients, a patient support solution.

  • In 2019 - Cognizant and Medidata signed an agreement to develop new solutions for pharmaceuticals


Patient Access Solutions Market Size, Share and Global Industry Trend Forecast till 2026
  • Ongoing
  • 2020
  • 2017-2019

    CHOOSE LICENSE TYPE

  • $4850
    $6850
    $8850

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Healthcare Clients

Roche
Lek
3M
Amgen
uniliver

Client Testimonials

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X