Global healthcare payer solutions market is forecast to grow from an estimated $ 39 billion in 2020 to $ 50 billion by 2025. The global healthcare payer solutions market is driven by the increasing cases of frauds in the healthcare industry and rising awareness towards health insurance across the globe. Additionally, healthcare payer solutions help in managing costs and provide better outcomes by collaborating with the providers, thereby positively impacting the market. Furthermore, associated benefits such as better care coordination, network management, risk analysis, affordability, among others are anticipated to spur the growth of market during forecast period.
The global healthcare payer solutions market is segmented based on service type, application, end user, and region. Based on service type, the market can be categorized into BPO, ITO and KPO. Among these, the BPO segment is expected to dominate the market during forecast period. This can be ascribed to the growing number of people enrolling different insurance plans and increasing pressure to bend the healthcare cost curve. Additionally, growing implementation of ICD-10 codes is further anticipated to drive the growth of the segment, globally.
Regionally, the global healthcare payer solutions market
Major players operating in the global healthcare payer solutions market include
Years considered for this report
Historical Years2015-2018
Base Year2019
Estimated Year2020
Forecast Period2021–2025
Objective of the Study
- To analyze and estimate the market size of global healthcare payer solutions market from 2015 to 2018.
- To estimate and forecast the market size of global healthcare payer solutions market from 2019 to 2025.
- To classify and forecast global healthcare payer solutions market based on service type, application, end user, company and regional distribution.
- To identify dominant region or segment in the global healthcare payer solutions market.
- To identify drivers and challenges for global healthcare payer solutions market.
- To examine competitive developments such as expansions, new service launches, mergers & acquisitions, etc., in global healthcare payer solutions market.
- To identify and analyze the profile of leading players operating in the global healthcare payer solutions market.
- To identify key sustainable strategies adopted by market players in global healthcare payer solutions market.
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Market Insights Research performed both primary as well as exhaustive secondary research for this study. Initially, Market Insights Research sourced a list of service providers across the globe. Subsequently, Market Insights Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market Insights Research could include the service providers which could not be identified due to the limitations of secondary research. Market Insights Research analyzed the service providers, vendors and presence of all major players across the globe.
Market Insights Research calculated the market size of
Key Target Audience
- Healthcare payer solutions service providers, vendors and other stakeholders
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to healthcare payer solutions
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
