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Global Patient Access Solutions Market (2023-2028) Competitive Analysis, Impact of Covid-19, Ansoff Analysis

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    Report

  • 191 Pages
  • February 2024
  • Region: Global
  • Infogence Global Research
  • ID: 5635542
The Global Patient Access Solutions Market is estimated to be USD 2.12 Bn in 2023 and is expected to reach USD 3.27 Bn by 2028 growing at a CAGR of 9.07%.

Market Dynamics

Market dynamics are forces that impact the prices and behaviors of the Global Patient Access Solutions Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

  • The Global Patient Access Solutions Market is segmented based on Software & Services, Delivery Mode, and Geography.
  • By Software & Services, the market is classified into Software and Services.
  • By Delivery Mode, the market is classified into Web & Cloud-Based Solutions and On-Premise Solutions.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa and Asia-Pacific.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are 3M Company, Change Healthcare Co., Cognizant Inc, Genentech, Inc., Patient Access Solutions Inc, Xerox Holdings Corp, Zirmed Inc, etc.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

  • The report presents a detailed Ansoff matrix analysis for the Global Patient Access Solutions Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
  • The publisher analyses the Global Patient Access Solutions Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
  • Based on the SWOT analysis conducted on the industry and industry players, the publisher has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Patient Access Solutions Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations, and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Increasing Patient Volume and Subsequent Growth in the Demand for Health Insurance
4.1.2 Need to Maintain Regulatory Compliance
4.1.3 Declining Reimbursement Rates
4.1.4 Rising Need to Curtail Healthcare Costs
4.1.5 Growing Importance of Denials Management
4.2 Restraints
4.2.1 Breaching of Data and Losing of Confidentiality
4.3 Opportunities
4.3.1 Huge Growth Potential in Emerging Healthcare IT Markets
4.4 Challenges
4.4.1 Dearth of Skilled IT Professionals in the Healthcare Industry
4.4.2 Reluctance to Adopt Patient Access Solutions
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 Global Patient Access Solutions Market, By Software & Services
6.1 Introduction
6.2 Software
6.2.1 Eligibility Verification Software
6.2.2 Medical Necessity Management Software
6.2.3 Precertification & Authorization Software
6.2.4 Claims Denial & Appeal Management
6.2.5 Payment Estimation Software
6.2.6 Claims Payment Assessment & Processing Software
6.3 Services
6.3.1 Support & Maintenance Services
6.3.2 Implementation Services
6.3.3 Training & Education Services
7 Global Patient Access Solutions Market, By Delivery Mode
7.1 Introduction
7.2 Web & Cloud-Based Solutions
7.3 On-Premise Solutions
8 Americas’ Patient Access Solutions Market
8.1 Introduction
8.2 Argentina
8.3 Brazil
8.4 Canada
8.5 Chile
8.6 Colombia
8.7 Mexico
8.8 Peru
8.9 United States
8.10 Rest of Americas
9 Europe’s Patient Access Solutions Market
9.1 Introduction
9.2 Austria
9.3 Belgium
9.4 Denmark
9.5 Finland
9.6 France
9.7 Germany
9.8 Italy
9.9 Netherlands
9.10 Norway
9.11 Poland
9.12 Russia
9.13 Spain
9.14 Sweden
9.15 Switzerland
9.16 United Kingdom
9.17 Rest of Europe
10 Middle East and Africa’s Patient Access Solutions Market
10.1 Introduction
10.2 Egypt
10.3 Israel
10.4 Qatar
10.5 Saudi Arabia
10.6 South Africa
10.7 United Arab Emirates
10.8 Rest of MEA
11 APAC’s Patient Access Solutions Market
11.1 Introduction
11.2 Australia
11.3 Bangladesh
11.4 China
11.5 India
11.6 Indonesia
11.7 Japan
11.8 Malaysia
11.9 Philippines
11.10 Singapore
11.11 South Korea
11.12 Sri Lanka
11.13 Thailand
11.14 Taiwan
11.15 Rest of Asia-Pacific
12 Competitive Landscape
12.1 Competitive Quadrant
12.2 Market Share Analysis
12.3 Strategic Initiatives
12.3.1 M&A and Investments
12.3.2 Partnerships and Collaborations
12.3.3 Product Developments and Improvements
13 Company Profiles
13.1 3M Company
13.2 Access One, Inc.
13.3 AccuReg Software Inc.
13.4 Allscripts Healthcare Solutions, Inc.
13.5 Cerner Corp.
13.6 Change Healthcare Co.
13.7 Cirius Group, Inc.
13.8 Cognizant Inc
13.9 Craneware PLC
13.10 Conifer Health Solutions, LLC
13.11 Experian PLC
13.12 Epic Systems Corp.
13.13 Exela Technologies, Inc.
13.14 Genentech, Inc.
13.15 McKesson Corp.
13.16 Kyruus LLC
13.17 Optum, Inc.
13.18 Patient Access Solutions Inc
13.19 The SSI Group, LLC
13.20 The Advisory Board Co.
13.21 Vee Technologies Pvt Ltd
13.22 Waystar Co.
13.23 Xerox Holdings Corp.
13.24 Zirmed Inc.
14 Appendix
14.1 Questionnaire

Companies Mentioned

  • 3M Company
  • Access One, Inc.
  • AccuReg Software Inc.
  • Allscripts Healthcare Solutions, Inc.
  • Cerner Corp.
  • Change Healthcare Co.
  • Cirius Group, Inc.
  • Cognizant Inc.
  • Craneware PLC
  • Conifer Health Solutions, LLC
  • Experian PLC
  • Epic Systems Corp.
  • Exela Technologies, Inc.
  • Genentech, Inc.
  • McKesson Corp.
  • Kyruus LLC
  • Optum, Inc.
  • Patient Access Solutions Inc.
  • The SSI Group, LLC
  • The Advisory Board Co
  • Vee Technologies Pvt. Ltd.
  • Waystar Co.
  • Xerox Holdings Corp.
  • Zirmed Inc.

Table Information