Overview:
Patient access solutions comprise the use of components such as software, hardware, and services that offer healthcare IT solutions for doctors or healthcare professionals, hospitals, clinics, insurance payers, etc. The presence of regulatory compliance & government regulations in healthcare, and the globally surging patient base coupled with rising demand for health insurance is expected to majorly drive the market growth. In addition, extensive applications in insurance denial management, favorable government initiatives, declining reimbursement rates in healthcare, and increasing need to curb healthcare expenditure across the world is anticipated to support the market growth. On the contrary, the scarcity of appropriate IT infrastructure in emerging countries and high cost of deployment is anticipated to limit the adoption of patient access solutions over the forecast period.
Based on components, the services segment is expected to dominate the market during the forecast period from 2018 to 2026 owing to rising launches of complex software along with the demand for system integration & support. The scalability, reliability, flexibility, and affordability of cloud-based patient access solutions is likely to contribute its lucrative market growth in the near future. On the basis of end-users, the healthcare providers segment shall account for the largest market growth during the forecast period is attributed to rising adoption of patient access solutions, growing prevalence of chronic diseases, and increasing healthcare expenditure.
North America will hold major market share over the forecast period due to increasing investments in the healthcare IT sector and the presence of favorable government initiatives, and wide presence of private & government healthcare payers. Growing geriatric population and increasing consumer disposable income in China, Japan, India, and Australia may witness comparatively higher CAGR from 2018 to 2026.
The global patient access solutions market is segmented on the following bases:
Key players identified in the global patient access solutions market include:
This report offers:
