27-Feb-2020 | Facts and Factors
Findings from Facts and Factors has authored “Healthcare Claims Management Solutions Market by Component (software and services), Type (integrated solutions and standalone solutions), Delivery mode (on-premise and cloud-based) & end-user (Healthcare Payers, Healthcare Providers, and Other End Users): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2026”.
Global healthcare claims management solutions market in 2019 is approximately USD 21,700 Million. The market is expected to grow at a CAGR of 6.50% and is anticipated to reach around USD 33,400 Million by 2026.
Browse the full “Healthcare Claims Management Solutions Market by Component (software and services), Type (integrated solutions and standalone solutions), Delivery mode (on-premise and cloud-based) & end-user (Healthcare Payers, Healthcare Providers, and Other End Users): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2026" report at https://www.fnfresearch.com/healthcare-claims-management-solutions-market-by-component-software
Healthcare claims management software is utilized to follow every single medical claim and remuneration form, permitting medicinal services suppliers to expand their income by managing claims successfully. As a rule, healthcare claims refer to a helpful understanding between medicinal services suppliers, patients, protection suppliers, and the billing office. The healthcare claims business is extending quickly in the last decade because of the fast development pace of the medical coverage or health insurance sector.
Human healthcare claims management software is driven by expanding maturing populace, expanded frequency of incessant illnesses, expanded attention to mind conveyance, eager government activities to stretch out protection inclusion to individuals, and expanded utilization of cloud-based services. Expanding quiet information security and security concerns, be that as it may, and rising cybercrime cases are relied upon to hamper market development. In upcoming years, the APAC region is relied upon to offer worthwhile open doors for suppliers of medicinal services claims management. India and China in the APAC region are two quickly developing economies, led by South Korea.
The administration has made numerous endeavors in these nations to give better human services offices and improve the foundation for social insurance. Medicinal services IT frameworks conquer any hindrance between social insurance associations by decreasing human mistakes and diminishing medicinal services spending. However, India's medicinal services IT area is in its earliest stages. Because of the expanding predominance of constant illnesses, improved medicinal services offices, and developing interest for better social insurance benefits, the interest for human services IT arrangements in the territory is required to increment during the figure time frame. So as to improve the medicinal services IT framework in developing markets, substantial speculation inflows from different government offices are relied upon to make open doors for suppliers of human services claims the board arrangements.
The market is segmented into type, component, end-user, delivery mode, and region. The component segment market is divided into services and software. Because of innovative improvements in the field of innovation and expanded utilization of information for precise and quicker preparation of cases, the software portion represented the biggest portion of the worldwide market. In light of type, the market is fragmented into standalone solutions and integrated solutions. Further, Based on delivery mode, the market is classified into cloud-based and on-premise. Based on End-user, the market is bifurcated into healthcare providers, healthcare payers, and other end users.
Geographically market is categorized as Europe, Latin America, APAC, North America, and the MEA regions. North America held a significant portion of the market in 2019 because of the technological advancements, skillful professionals, and healthcare infrastructure in this province. The North American and European markets have an enormous portion of the worldwide market. All through in 2019, North America represented a significant piece of the overall industry, and this lead is relied upon to stay all through the figure time frame. The Asia-Pacific region is anticipated to develop at extensive high CAGR till 2026, because of an expansion in the geriatric populace and an improvement in medicinal services foundations. Moreover, proactive government activities to bring issues to light among the majority of the upsides of this innovation have upheld the advancement of the market.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 21,600 Million |
Projected Market Size in 2026 |
USD 33,400 Million |
CAGR Growth Rate |
6.50% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
Siemens Healthcare, Quest Diagnostics, Oracle Corporation, McKesson Corporation, InforInc, IBM Corporation, Genpact Limited, GE Healthcare, eClinicalWorks LLC, Cognizant Technology Solutions Corporation, Cerner Corporation, CareCloud Corporation, Avaya Inc, AthenahealthInc, Allscripts Healthcare SolutionsInc, Accenture plc Incorporated, Bard Peripheral Vascular, B. Braun Melsungen, and ArtiCasc 3D, and Others |
Key Segment |
By Component, Type, Delivery, End-user and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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Some of the major players operating in the healthcare claims management solutions are Siemens Healthcare, Quest Diagnostics, Oracle Corporation, McKesson Corporation, InforInc, IBM Corporation, Genpact Limited, GE Healthcare, eClinicalWorks LLC, Cognizant Technology Solutions Corporation, Cerner Corporation, CareCloud Corporation, Avaya Inc, AthenahealthInc, Allscripts Healthcare SolutionsInc, Accenture plc Incorporated, Bard Peripheral Vascular, B. Braun Melsungen, and ArtiCasc 3D.
This report segments the healthcare claims management solutions market as follows:
By Component Segment Analysis
By Type Segment Analysis
- Integrated Solutions
- Standalone solutions
By Delivery Mode Segment Analysis
By End-user Segment Analysis
- Healthcare Payers
- Healthcare Providers
- Other End Users
By Regional Segment Analysis
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- South-East Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- The Middle-East and Africa
- GCC Countries
- South Africa
- Rest of Middle-East Africa
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