The robotic process automation in healthcare 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.
Robotic Process Automation In Healthcare 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 robotic process automation in healthcare market size has grown rapidly in recent years. It will grow from $1.71 billion in 2023 to $1.97 billion in 2024 at a compound annual growth rate (CAGR) of 15.3%. The growth in the historic period can be attributed to rising demand for telehealth services, growing focus on supply chain optimization, growing need for interoperability solutions, increasing complexity of healthcare billing processes, accelerating digitization of healthcare data.
The robotic process automation in healthcare market size is expected to see rapid growth in the next few years. It will grow to $3.46 billion in 2028 at a compound annual growth rate (CAGR) of 15.1%. The growth in the forecast period can be attributed to increased emphasis on cost reduction, growing demand for enhanced operational efficiency, rising demand for enhanced patient experience, increasing adoption of electronic health records (EHR), rising healthcare labor costs. Major trends in the forecast period include advance technology, integration of blockchain technology in healthcare operations shift towards outcome-based reimbursement models, integration of artificial intelligence (AI) in healthcare processes, shift towards value-based care models.
Order your report now for swift delivery @
https://www.thebusinessresearchcompany.com/report/robotic-process-automation-in-healthcare-global-market-report
Scope Of Robotic Process Automation In Healthcare 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.
Robotic Process Automation In Healthcare Market Overview
Market Drivers –
The increasing adoption of electronic health records (EHR) is expected to propel the growth of robotic process automation in healthcare market going forward. Electronic health records are digitalized copies of patient medical records available with authorized healthcare professionals. The rise in EHR systems provide a centralized and easily accessible repository for patient information, allowing healthcare professionals to focus more on patient care rather than administrative tasks. Robotic process automation (RPA) in healthcare is beneficial as it optimizes data accuracy, streamlines repetitive activities, and increases operational efficiency in patient information management. For instance, in 2021, according to a report by HealthIT.gov, a US-based official website of the Office of the National Coordinator for Health Information Technology (ONC), the adoption of electronic health records (EHR) by office-based physicians increased to 78% in 2021 from 72% in 2019. Therefore, the increasing adoption of electronic health records is driving the growth of robotic process automation in healthcare market.
Market Trends –
Major companies operating in robotic process automation in the healthcare market are focusing on advanced technology, such as cognitive automation, to gain a competitive edge. Cognitive automation refers to using advanced technologies, particularly artificial intelligence (AI) and machine learning (ML), to automate tasks that traditionally require human intelligence, reasoning, and decision-making. For instance, in June 2021, Exela Technologies, Inc., a US-based business process automation company, introduced EON, Exela’s robotic process automation (RPA) platform for a large health insurance company, to speed up digital transformation initiatives. This platform automates manual operations, especially in the fulfillment and claims processing domains. EON automates structured and repetitive computer-based tasks, allowing the health insurance firm to streamline administrative procedures and increase operational efficiency. This RPA platform will enable staff to focus more on patient care and essential decision-making.
The robotic process automation in healthcare market covered in this report is segmented –
1) By Solution: Software, Services, Implementation, Support And Maintenance, Training And Consulting
2) By Operations: Rule-based Operation, Knowledge-based Operation
3) By Application: Claims Management, Clinical Documentation, Billing And Compliance Management, Appointment Scheduling, Workflow Management
Get an inside scoop of the robotic process automation in healthcare market, Request now for Sample Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=14480&type=smp
Regional Insights –
North America was the largest region in the robotic process automation in healthcare market in 2023. The regions covered in the robotic process automation in healthcare market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the robotic process automation in healthcare market are International Business Machines Corporation, EnterBridge, NICE Ltd., Thoughtonomy Limited, Datamatics Global Services Limited, Pegasystems Inc., iRobot Corp., UiPath Inc., Verint System, Celonis SE, BlackLine Inc., Automation Anywhere Inc., HelpSystems LLC, Kofax Inc., Appian Corp., Kryon Systems Ltd., Digital Workforce Service, Redwood Software Inc., OpenConnect Systems Incorporated, AutomationEdge Solutions Limited, WorkFusion Inc., FortressIQ Inc.
Table of Contents
1. Executive Summary
2. Robotic Process Automation In Healthcare Market Report Structure
3. Robotic Process Automation In Healthcare Market Trends And Strategies
4. Robotic Process Automation In Healthcare Market – Macro Economic Scenario
5. Robotic Process Automation In Healthcare Market Size And Growth
…..
27. Robotic Process Automation In Healthcare Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
