Patient Access Solutions Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

 The Patient Access Solutions Market is projected to expand from USD 1.92 billion in 2023 to USD 2.80 billion by 2028, showing a 7.82% CAGR during the forecast from 2023 to 2028.

During the COVID-19 pandemic, the global healthcare system and patient access solutions market were notably affected. To curb the spread of COVID-19, there was a substantial surge in the adoption of patient access solutions. Health authorities and governments embraced electronic case reporting (ECR) platforms to monitor infection spread. A study published by NCBI in March 2022 highlighted the intensified use of cloud-based solutions by pharmacies, hospitals, and healthcare facilities, enabling remote data access, real-time tracking, and simplifying complex physical ecosystems. Consequently, significant growth was witnessed in the patient access solutions market. Moreover, digital patient access underwent a significant transformation, shaping consumer preferences and indicating substantial growth prospects ahead.

Within this market, the claims denial and appeal management solutions segment is anticipated to experience notable expansion. These software solutions leverage current and historical data to maintain comprehensive patient records. The influx of digital data collection has amplified the volume of healthcare data for real-time analysis. With the widespread adoption of electronic record-keeping and other data collection methods, there's an unprecedented accumulation of real-time data. Many companies are developing software tailored to handle this influx, thereby propelling growth within this segment.

Read Full Market Report

Comments

Popular posts from this blog

Shipping Containers Market Projected to Reach USD 12.77 Billion by 2030, Driven by E-commerce Growth and Cold-Chain Expansion

DATA CENTER POWER MARKET SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2023 - 2028)

Second Hand Furniture Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)