Global Patient Support Programs Market Analysis
Global Patient Support Programs Market Analysis
Global Patient Support Programs Market Analysis
Global Patient
Support Programs
Market Analysis
Includes Market Size, Market Segmented by Types
and Key Competitors (Data forecasts from 2021 – 2030F)
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This report presents a strategic analysis of the Global Patient Support
Program market and a forecast for its development in the medium and
long term. It provides a comprehensive overview of the market value,
dynamics, segmentation, characteristics, main players, trends and insights,
growth and demand drivers, challenges & future outlook, etc. This is one of
the most comprehensive reports about the Global Patient Support Program
market, and offers unmatched value, accuracy, and expert insights
• Introduction
• Market Overview
• Growth Drivers & Restraints
1. Introduction
1.1 Need for Patient Services
People experience various difficulties around starting their medications and continuing to take them as prescribed, leading
to suboptimal behaviors that result in non-adherence
Many patients want to receive support via phone. However, various digital channels like
Financial
Named Patient Patient Education Other Support
Assistance Loyalty Programs
Programs (NPP) Programs Programs
Programs
Virtual Care/
Platform enabling remote delivery of healthcare services
Telehealth
Remote patient monitoring enables monitoring of patients outside conventional clinical settings
Remote Monitoring
thereby increasing access to care and reducing healthcare delivery costs
Electronic Prior ePA is the electronic transmission of information between the prescriber, and payer to determine
Authorization (ePA) whether or not the PA is granted
Real Time Benefits Providers need visibility into patient benefits to determine patient’s needs. RTBV technologies
Verification integrate this information into provider workflows to improve care planning
Patient Education Tools and platform that enables healthcare professionals and physicians to impart information and
knowledge to patients thereby altering their health behaviors and improving health outcomes
xx% respondents wanted services for frequent xx% of those with complex or chronic conditions say
medication reminders that they would opt in for patient support services
xx% said calls/visits from a nurse who is an expert in xx% actually reported utilization of pharma-provided
the medication the patient is on would be most helpful services
2. Overview
2.1 Market Size and Forecast
Greater Focus on Value Growth in Availability of Shift from Reactive Rise of Personalized
Market Drivers
Impact
Siloed and Uncoordinated Lack of Data Governance Challenge of Program Cost Ambiguity
communications Measurement
▪ Life sciences organizations are under pressure to justify their pricing and to demonstrate that their drugs can
improve treatment outcomes
▪ Sources like electronic medical records, claims and billing information, big data from wearables or social media
helps companies understand the quality, efficiency and safety of their treatments
▪ Patients today take a more active role in managing their own health
▪ With growth of specialty drugs and personalized therapies, demand for individualized treatments is increasing
▪ Patient services programs typically are executed ▪ Patient services data is often unstructured and
by multiple departments for multiple brands lacking when it comes to data governance and
utilizing both internal teams and external stewardship…..
partners leading to…..
4. Market Segmentation
Global Patient Support Program Market Segmentation
Health Coaching
Key Insights
▪ From the pharmaceutical company’s perspective, PSPs contribute to better patient outcomes overall, and as the industry shifts
more toward outcomes-based payment models, enhancing actual patient outcomes will be a crucial success element
▪ A strong patient support program will influence the approval of treatments and market authorizations and will boost patient
enrollment
6. Competitive Landscape
6.1 Major players revenue (current and forecast)
SAMPLE
▪ The AstraZeneca Patient Support Programs help patients Company Name: AstraZeneca
navigate the complexities of reimbursement and provide
support during the journey of their treatment
▪ Connect360, AstraZeneca Oncology patient support programs Year of Establishment: 1999
are some of the PSPs going on currently
Headquarter: Cambridge, US
Website: www.astrazeneca.com
▪ In 2019, the Amgen Safety Net Foundation provided nearly Company Name: Amgen
$1.5 billion worth of our medicines to qualified uninsured or
underinsured patients in the U.S. at no cost -and Early $7
billion of our medicines since 2008
Year of Establishment: 1980
▪ Amgen Assist 360 provides financial support options for any
insurance type and referrals to resources for day-to-day living
Headquarter: Cambridge, US
Website: www.amgen.com
▪ Bristol Myers Squibb is committed to helping appropriate Company Name: Bristol Myers Squibb
patients get access to our medications by providing access
and reimbursement support services`
▪ BMS Access Support® is focused on your patients’ access Year of Establishment: 1887
needs benefits Review, prior authorization, and appeals
assistance, easy-to-initiate co-pay assistance process and
information on financial support and support from Patient
Access Specialists, assigned by region, and local Access and Headquarter: New York, US
Reimbursement Managers
Website: www.bms.com
▪ Lilly Cares Foundation, Inc. (Lilly Cares) is a nonprofit Company Name: Eli Lilly
charitable organization that provides prescribed Lilly
medications for free for up to 12 months to qualifying U.S.
patients
Year of Establishment: 1876
▪ Over the past 20 years, Lilly Cares has helped more than one
million patients with financial need receive medicines donated
by Lilly
Headquarter: Indiana, US
Website: www.lilly.com
▪ Many countries, regions, and industry groups have local regulations that directly address (and often restrict) these
programs. For example, Canada, the UK and Australia have industry codes specifically addressing PSPs and, in
some cases, patient safety and data requirements or interactions with healthcare professionals (HCPs) and patients
in connection with PSPs
▪ Reimbursement of patient support program is done by various ways like bridging drugs (temporary or limited supply
of drug directly to a patient, provider, or institution), financial assistance (Payment on part of the drug cost; Payment
may be based on applicant’s; income and family size; Payment may be given to someone with or without coverage in
place) and compassionate drugs (temporary or long-term supply of drug to person in unique clinical situation)
▪ AI, machine learning and natural language processing tools can identify both clinical and socioeconomic data points
to ensure patient support teams are spending time with the right patients, particularly with those who may be closer
to non-adherence
▪ Pharma manufacturers often use training materials to create awareness for these programs, a channel growing in
popularity is actively participating in the patient journey — more specifically, connectivity with electronic health
records (EHRs) systems to augment education. These integrations builds improved awareness for providers,
growing program adoption
10. Conclusion
Strategic Recommendations
Growing Technology
Advancements
With the emerging
technology and the
transformation from…..
Emerging Initiative
Ease in regulations by the Support for the HCPs
government and Patient support programs are
collaborations between….. also assisting HCPs to
deliver…..
3
2 4
Strong Demand
Advancement in healthcare
With the implementation of
delivery
government norms
PSPs would enhance the
towards…..
way healthcare was delivered
1 5 to the patient earlier, with…..
▪ Insights 10’s research methodology delves deeper into the market, covering the macro and micro aspects of the industry. We identify the
key growth drivers, opportunities, and restraints that might promote or hinder the future industry growth along with an expansive
overview of the competitive landscape to help our clients make informed strategic decisions
▪ We implement a mix of primary and secondary research for our market estimate and forecast. The secondary research forms the initial
phase of our study where we conduct extensive data mining, referring to verified data sources such as independent studies, government
and regulatory published material, technical journals, trade magazines, and paid data sources
▪ For forecasting, the following parameters are considered:
❑ Market drivers and restraints along with their current and expected impacts
❑ Technological scenario and expected developments
❑ End use industry trends and dynamics
❑ Trends in the consumer behavior
❑ Regulatory scenario and expected developments
❑ Current capacity and expected capacity additions up to 2030
▪ In our report we have assigned weights to the US specific parameters and quantified the market impacts. Which similarly, could be
useful in identifying the global scenario
▪ We appoint data triangulation strategies to explore different areas of the market. Our qualitative and quantitative assessments are time-
sensitive, reflecting the most recent value and volume of the market across regions
▪ All our estimates and forecasts are verified through exhaustive primary research with the Key Industry Participants (KIPs)
▪ The currency used in the report is the US dollar (USD), with the market size indicated in USD million/billion
Analysis &
Market Trends
Interpretation
Secondary
Research
Market Sizing & Insights
Analysis
Primary
Research
Data Triangulation & Presentation &
Validation Reporting
Final
Final Market size break up to
Market
rest of segmentation
Size
Summarization of revenue
generated from companies Validation from
to arrive at total market size Primary Interview
Bottom Up Approach
The study provides an in-depth analysis of the Global Patient Support Program market with current trends and future
estimations to elucidate the imminent investment pockets
Our tools provides stakeholders with a cohesive understanding of the industry outlook, considering the qualitative and
quantitative industry variables
Comprehensive analysis of factors that drive and restrict the market growth is provided
Comprehensive quantitative analysis of the industry from 2021 to 2030F is provided to enable the stakeholders to capitalize on
the prevailing market opportunities
Extensive analysis of the key segments of the industry helps understand the applications and technologies used globally
Our rigorous data collection, thorough statistical analysis and specialist assessments ensure that our clientele has a greater
understanding of the industry space, supply chain, price fluctuations, competitive landscape, and other vital factors
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