Global Healthcare claims management Market is valued USD 9.7 billion in 2016 is anticipated to grow USD 16.0 billion with the compounded annual growth of 5.7% over the forecast period 2017-2025.
New York 22 Aug 2018, As per the new research study conducted by Bizwit Research & Consulting, Global Healthcare claims management industry is poised to raise USD 16.0 billion by 2025. Some key components for the market development will be; increasing patient volumes, expanding health insurance market, growing importance of denials management, and declining reimbursement rates.
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Global Healthcare claims management Market Size study, by Component (Software, and Services), Delivery Mode (On-Premise, and Cloud Based), Type (Integrated, and Standalone), End User (Healthcare Payers, Providers) and by Regional Forecasts 2017-2025
The industry is seems to be fairly competitive. Some of the leading market players include Athenahealth, Cerner Corporation, Allscripts Healthcare Solutions, Eclinicalworks, Optum, Inc., Mckesson Corporation, and so on. Other market players discussed in the report include Conifer Health Solutions, Gebbs Healthcare Solution, The SSI Group, GE Healthcare, Nthrive , DST Systems. New product launches, acquisitions, and mergers are some of the strategies adopted by the key manufacturers. Additionally, the fierce competitiveness has made these players spend in product developments to improve the customer’s requirements.
Key findings of the study:
- Increasing demand for integrated solutions, which play an integral role in improving process efficiency and reducing costs.
- Loss of confidentiality, lack of skilled IT professionals in healthcare, and high cost of deployment of claims management solutions are some of the factors restraining the growth of this market.
- Rapid growth of the healthcare industry in India are contributing to the high growth in Asia during the forecast period.
Bizwit Research & Consulting LLP has considered following segments for the study:
By Delivery model:
- Cloud based
By End user:
- North America
- Asia Pacific
- Latin America
- Rest of the World