The Healthcare Claims Management Solutions Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Healthcare Claims Management Solutions Global Market Report 2024, The healthcare claims management solutions market size has grown strongly in recent years. It will grow from $15.32 billion in 2023 to $16.34 billion in 2024 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to increased healthcare cost, regulatory compliance, paperless claims processing, improved accuracy, provider-payer collaboration.
The healthcare claims management solutions market size is expected to see strong growth in the next few years. It will grow to $21.24 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to telehealth expansion, value-based care, interoperability, cybersecurity, pandemic preparedness. Major trends in the forecast period include blockchain for claims processing, ai-powered claims analytics, predictive analytics for fraud detection, mobile claims submission:, automated claims adjudication.
The rapid increase in the ageing population is expected to propel the growth of the healthcare claims management solutions market going forward. The aging population refers to people aged 65 and over. People ageing over 65 years of age would need healthcare claims to speed up the payment lifecycle and healthcare claim management solutions provide them easier access to healthcare claim management, as a result, a rapid increase in the ageing population increases the demand for healthcare claims management solutions. For instance, in October 2022, according to the World Health Organization, a US-based specialized health agency, globally, 1 in 6 individuals would be 60 or older by 2030 and is expected to reach 2.1 billion elderly people by 2050. Therefore, a rapid increase in the ageing population is driving the healthcare claims management market.
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The healthcare claims management solutions market covered in this report is segmented –
1) By Type: Software, Services
2) By Deployment Mode: Web-Based, Cloud-Based, On-Premise
3) By End-User: Healthcare Payers, Healthcare Providers, Other End-Users
Top Major Players
Allscripts Healthcare Solutions Inc.
Athenahealth,
McKesson Corporation
Quest Diagnostics
Oracle Corporation
Advancements in technology for innovative treatments in healthcare are the key trend gaining popularity in the healthcare claims management solutions market. Major companies operating in the healthcare claims management solutions market are coming up with new technologies to provide innovative treatments for their customers and to sustain their position in the market. For instance, in January 2022, Treatment.com International Inc., a US-based healthcare software solutions provider including healthcare claims management launched their doctor-built digital health app named the treatment digital health app. This app is a revolutionary digital health app that uses AI software technology which gives wide access to provide highly accurate insights about the users’ health. This provides diagnoses, and treatments customized for the user.
The healthcare claims management solutions market report table of contents includes:
1. Executive Summary
2. Healthcare Claims Management Solutions Market Characteristics
3. Healthcare Claims Management Solutions Market Trends And Strategies
4. Healthcare Claims Management Solutions Market – Macro Economic Scenario
5. Global Healthcare Claims Management Solutions Market Size and Growth
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31. Global Healthcare Claims Management Solutions Market Competitive Benchmarking
32. Global Healthcare Claims Management Solutions Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Healthcare Claims Management Solutions Market
34. Healthcare Claims Management Solutions Market Future Outlook and Potential Analysis
35. Appendix
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