Healthcare Claims Management Market by Key Players, Regions, Company Profile, Growth Opportunity, and Challenges by 2030
Healthcare
Claims Management Market Highlights
Healthcare
claims management process comprises of various tasks such as organization,
billing, filling, updating, and processing of medical claims related to the
diagnosis, treatment, and medication of patients. The healthcare claims
management market is driven by factors such as improved focus on quality
healthcare services and adoption of cloud-based technology related services.
However, integration of claims management solutions, data breaches, loss of
confidentiality, and lack of skilled IT professionals in healthcare are some of
the factors restraining the growth of this market.
The
global healthcare claims management market is currently dominated by many market players. The
key players in the market are engaged in new product launches and strategic
collaborations to strengthen its market position. For instance, IBM’s IPD Ultra
for Disability Claims provides an integrated “disability claims management
workbench”, specific to disability claims processing and without the need for a
large-scale replacement project.
Healthcare
claims management market was valued USD 10.16 billion and expected to reach USD
20.1 billion by 2030 at CAGR of 4.5% during the forecast period 2022-2030.
Segmentation
The
global healthcare claims management market has been segmented into component,
delivery mode type and end-user.
The
market, based on component, has been segmented into software and services.
The
market, by delivery mode, has been segmented into on-premises and cloud based.
The
market, by type, has been segmented into integrated and standalone.
The
market, by end-user has been segmented into healthcare payers and providers.
Regional
Analysis
The
market in the Americas is expected to dominate the global healthcare claims management market report during the forecast period owing to the of new and
innovative treatments & technologies. Also, heavy inflow of investments by
various government agencies to improve healthcare IT infrastructure is expected
to create opportunities for healthcare claims management solutions providers.
According to the National Health Expenditure Accounts (NHEA), U.S. health care
spending grew 4.3 percent in 2016, reaching $3.3 trillion or $10,348 per person
which accounted for 17.9 percent. Moreover, the increasing investment in the
healthcare infrastructure and global claims services in Asia-Pacific offers huge market potential for
the players to grow in healthcare claims management solutions market. In
addition, proactive government initiatives to spread awareness about the
benefits of this technology among the masses have supplemented the market growth.
The market in the Middle East & Africa is likely to account for the
smallest share of the global healthcare claims management market. The market
growth in this region can be attributed to the high cost of healthcare IT
solutions.
Healthcare Claims Management Market Players
The Global Healthcare Claims Management Market
Players are Cerner Corporation, McKesson Corporation, athenahealth, Inc.,
eClinicalWorks, Optum, Inc., Conifer Health Solutions, nThrive, Inc, Avaya
Inc., Oracle Corporation, Infor Inc., Allscripts Healthcare Solutions, Inc.,
Accenture plc., IBM Corporation, Cognizant Technology Solutions Corporation and
Genpact Limited.
About Market
Research Future:
At Market Research
Future (MRFR), we enable our customers to unravel the complexity of various
industries through our Cooked Research Report (CRR), Half-Cooked Research Reports
(HCRR), & Consulting Services. MRFR team have supreme objective to provide
the optimum quality market research and intelligence services to our clients.
Contact us:
Market Research
Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street,
5Th Floor,
New York, New York
10013
United States of
America
+1 628 258 0071
Email:
sales@marketresearchfuture.com
Comments
Post a Comment