U.S (New York)-This Healthcare Claims Management Solution Market Report gives evaluation and insights primarily based on authentic consultations with necessary gamers such as CEOs, Managers, Department Heads of Suppliers, Manufacturers, and Distributors etc.
The Global Healthcare Claims Management Solutions Market Was Valued At $3,644 Million In 2015, And Is Estimated To Garner $5,213 Million By 2022, Registering A CAGR Of 5.1% During The Forecast Period. Healthcare Insurance Is A Contract Between A Patient And Insurer To Cover Health Expenses In Lieu Of The Premiums Paid By A Patient. Health Claim Is A Detailed Invoice That Is Sent By A Patient Or A Healthcare Provider To The Health Insurer, Which Contains The Description And The Expenses Incurred For Availing Services By That Patient. Healthcare Claims Management Is The Process Of Billing, Filling, Updating, And Processing Medical Claims Related To The Diagnosis, Treatment, And Medication Of Patients.
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The Key Driving Factors Of The Market Are Growing Geriatric Population And Increasing Awareness For Care Provision. Moreover, Proactive Initiatives By Government Organizations To Improve The Longevity Of Citizens Have Supplemented The Market Growth. In Addition, Growing Preference For Cloud-Based Deployment Of Healthcare Claims Management Solutions Is Expected To Create Opportunities For Market Players. However, Burgeoning Increase In Premium Rates, Reluctance To Adopt New Technology, High Cost Of Deployment & Data Security, And Interoperability Issues Hamper The Growth Of The Market.
The Global Healthcare Claims Management Solutions Market Is Segmented Based On Type, Deployment Mode, And Geography. Based On Type, The Market Is Segmented Into Software, Hardware, And Services. Based On The Mode Of Deployment, The Market Is Segmented Into Web-Based, Cloud-Based, And On-Premise. The Market Is Analyzed Based On Four Regions, Namely North America, Europe, Asia-Pacific, And Lamea. The North American Region Accounted For Four-Ninths Share Of The Global Healthcare Claims Management Solutions Market In 2015, And Is Expected To Maintain Its Dominance Throughout The Forecast Period. This Is Attributed To The Increase In Prevalence Of Chronic Disease, Technological Advancements In Software, And Burgeoning Use Of Cloud-Based Solution In The Region. However, The Asia-Pacific Region Is Projected To Grow At A Cagr Of 7.3% From 2016 To 2022, Owing To The Increase In Geriatric Population And Surge In Healthcare Facilities. In Addition, Improvements In Healthcare Infrastructure And Implementation Of Government Initiatives To Boosts Awareness Among People Are Expected To Boost The Market Growth.
The healthcare sector is vital to both national economies and people all across the world. One of the industries with the fastest growth rates is this one. There is a correlation between income levels and healthcare spending across nations because healthcare spending accounts for more than 10% of the GDP of the majority of developed countries. According to the Centers for Medicare and Medicaid Services, US healthcare spending increased by 4.6% in 2019 to reach US$ 3.8 trillion, or US$ 11,582 per person and represented 17.7% of GDP. Additionally, households paid for 28.4% of all health expenditures, followed by the federal government for 29.0%. 16.1% of all healthcare costs were paid for by state and municipal governments, while 7.5% came from other private sources.
Due to advancements spurred by AI/ML, the impact of digital health technology will grow. Data from the Department for Promotion of Industry and Internal Trade show that FDI in the medicines and medication sector totaled US$19.12 billion (DPIIT).
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Key Benefits for Stakeholders
The Study Provides An In-Depth Analysis Of The Global Healthcare Claims Management Market Along With The Current Trends And Future Estimations To Elucidate The Imminent Investment Pockets.
The Report Provides Quantitative Analyses Of The Industry For The Period Of 2014-2022 To Enable Stakeholders To Capitalize On The Prevailing Opportunities.
Extensive Analyses Of The Market Based On The Product Type, And Deployment Mode, Help In Understanding The Market Dynamics.
Comprehensive Analysis Of Geographical Regions Is Provided To Determine The Latent Opportunities.
The Key Players Operating In The Market Have Been Profiled Along With Their Strategies To Determine The Competitive Outlook Of The Global Healthcare Claims Management Market.
List of Key Players Profiled in the Report
Cerner Corporation
Avaya Inc.
Oracle Corporation
Infor Inc.
Allscripts Healthcare Solutions, Inc.
Athenahealth Inc.
Accenture Plc.
Ibm Corporation
Cognizant Technology Solutions Corporation
Genpact Limited
List Of Other Players in the Value Chain
(These Players Are Not Profiled In The Report, But Can Be Included On Request)
Quest Diagnostics
Mckesson Corporation
Eclinicalworks Llc
Carecloud Corporation
The Ssi Groups Inc.
Ge Healthcare
Siemens Healthcare
Healthcare Claims Management Solutions Market Key Segments
By Type
Software
Hardware
Services
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By Deployment Mode
Web-Based
Cloud-Based
On-Premise
By Geography
North America
Europe
Asia-Pacific
Lamea
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
In this report, the following important queries are addressed:
- What is the Global market’s sales value, production value, consumption value, import, and export (including North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
- Who are the major manufacturers in this sector on a global scale? How are their capacity, production, sales, pricing, cost, gross, and revenue operating?
- What are the vendors’ market prospects and risks in the international industry?
- Which product types, end users, or applications might be looking for additional growth prospects? What is each type’s and application’s market share?
- What specific strategies and limitations are keeping the market in check?
- What is the various marketing, sales, and distribution channels in the international market?
- What are the upstream raw materials, as well as the manufacturing machinery?
- What are the Market opportunities, market risk, and market overview of this industry?
Key Benefits of This Market Research:
- Industry drivers, restraints, and possibilities included in the study
- Neutral point of view on the market performance
- Recent enterprise developments and developments
- Competitive panorama and techniques of key players
- Potential and area of interest segments and areas exhibiting promising increase covered
- Historical, current, and projected market size, in phrases of value
- In-depth evaluation of the Market
- Overview of the regional outlook of the Market
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