The healthcare claims management solutions global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Healthcare Claims Management Solutions Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
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.
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Scope Of Healthcare Claims Management Solutions Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Healthcare Claims Management Solutions Market Overview
Market Drivers –
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.
Market Trends –
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 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
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Regional Insights –
North America was the largest region in the healthcare claim management solution market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the healthcare claims management solutions market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies –
Major companies operating in the healthcare claims management solutions market include Allscripts Healthcare Solutions Inc., Athenahealth, McKesson Corporation, Quest Diagnostics, Oracle Corporation, Alpha II LLC, Dell Inc., Availity Co., Cerner Corporation, Change Healthcare, Conifer Health Solutions LLC, eClinicalWorks, EmblemHealth Co., Emdeon Inc., Epic Systems Corporation, GE Healthcare, Inovalon Co., InstaMed Co., Kareo Co., NaviNet Inc., NTT Data Services, Optum Inc., Provation Medical, NetApp Co., SSI Group LLC, The SSI Group, Cognizant Technology Ltd., TruBridge Co., Waystar Co., ZirMed Inc.
Table of Contents
1. Executive Summary
2. Healthcare Claims Management Solutions Market Report Structure
3. Healthcare Claims Management Solutions Market Trends And Strategies
4. Healthcare Claims Management Solutions Market – Macro Economic Scenario
5. Healthcare Claims Management Solutions Market Size And Growth
…..
27. Healthcare Claims Management Solutions Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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