Healthcare BPO Market – Industry Analysis and Forecast (2017-2024) by Payer Services (Claims Management, Integrated Front-end Services & Back-office Operations and Others), by Provider Services (Revenue Cycle Management, Patient Enrollment & Strategic Planning and Patient Care), by Pharmaceutical Services (Manufacturing Services, R&D Services and Non-clinical Services), and by Geography (North America, Europe, Asia Pacific, Middle East & Africa and Latin America)
Healthcare BPO Market valued USD 174 Billion in 2016 and expected to reach USD 377.03 Billion by 2024, at a CAGR of 10.15%.
Factors expected to drive the Healthcare BPO Market growth are Increasing number of healthcare organization, to avoid the critical mistakes in medical billing, and increasing need for cost saving are expected to fuel the Healthcare BPO Market growth.
Report includes assessment of market definition along with the identification of key players and analysis of their strategies, complete quantitative analysis of the industry from 2016 to 2024 to enable the stakeholders to capitalize on the prevailing market opportunities, market analysis and comprehensive segmentation with respect to payer services, provider services, pharmaceutical services, and geography to assist in strategic business planning.
Increasing requirement to reduce rising healthcare costs is trending the overall Global Healthcare BPO market. Increasing consolidation in the healthcare industry is estimated to restrain the market growth.
Revenue Cycle Management sub segment is expected to witness the significant growth
Decreasing reimbursements in the healthcare industry, reductions in the overall healthcare costs, initiatives undertaken by governments for implementing RCM solutions will fuel the revenue cycle management segment growth.
APAC is expected to register the highest growth rate in Market during forecast period
APAC is expected to lead the market during the forecast period. Presence of the emerging economies like, Japan, Australia, New Zealand, South Korea, and India will drive the market for Healthcare BPO in APAC region.
Scope of the Report:
Healthcare BPO Market, By Payer Services: Claims Management, Integrated Front-end Services and Back-office Operations, Member Management, Product Development and Business Acquisition (PDBA), Provider Management, Care Management • HR Services and Billing & Accounts Management Services
Healthcare BPO Market, By Provider Services: Revenue Cycle Management, Patient Enrollment & Strategic Planning and Patient Care
Healthcare BPO Market, By Pharmaceutical Service: Manufacturing Services, R&D Services and Non-clinical Services
Healthcare BPO Market, By Geography: North America, Europe, Asia Pacific, Middle East, Africa and Latin America
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