Healthcare Payer Services Market Growth Forecast Shows USD 37.4 billion Revenue by 2025

Healthcare Payer Services Market
Healthcare Payer Services Market

The global Healthcare Payer Services market is predicted to reach 37.4 billion by 2017 and is projected to grow with a striking growth rate of 12.2% over the forecast period 2018-2025, divulges a latest research report presented by Big Market Research. Vigorously changing reforms for healthcare such as technological advancements, rising healthcare expenditure are convincing payers to re-design their business models and processes for sustainable operational excellence while certifying excellent quality patient care. Since these payers’ solutions enables maximize customer service and derive operational excellence for the healthy patient experience and relationship. Thus, growing needs to improve patient care is anticipated to supplement the growth of the healthcare payer services market over the forecast period of 2018-2025.

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The healthcare payer services market is significantly driven by increasing healthcare frauds. According to the Coalition against Insurance Fraud Organization, in year 2015 scams against private and government healthcare insurers forms the largest type of insurance fraud. According to the Coalition against Insurance Fraud Organization, healthcare frauds are likely to steal approx. $10 billion per year. In year 2015, approx. 478 healthcare frauds are reported which directly generates the need for the healthcare payer services across the globe. As healthcare payer services are considered as a successful business model that mitigates the risk of fraud, procurement, administrations and develops cost-effective healthcare processes. As a result, the demand and adoption of healthcare payer services would increase thereby, aiding the growth of the market across the forecast period.

This report is a professional and comprehensive research of the global Healthcare Payer Services industry based on the major regional market situations, key driving factors, major competitors, and size & scope of the market. Firstly, the report introduces the Healthcare Payer Services market basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials, and so on. The report also presents Porter’s Five Forces model, value chain analysis, and PEST analysis. Furthermore, the competitive scenario in different regions is outlined in the report to assist leading market players, new entrants, and stakeholders determine emerging economies.

Global Healthcare Payer Services Market: Regional Segment Analysis

  • North America– U.S., Canada
  • Europe– UK, Germany.
  • Asia Pacific– China, India, Japan
  • Latin America– Brazil, Mexico, Rest of the World

The report also presents detailed information about the major players as well as some minor players of the Healthcare Payer Services sector.

The Key Players mentioned in our report: Cognizant Technology Solutions, Accenture PLC, Exlservice Holdings, Inc., Concentrix Corporation, Hinduja Global Solutions Limited, Hewlett-Packard, Dell, Inc., Xerox Corporation, HCL Technologies Ltd., Wipro Limited

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The research reveals the performance of each player active in the industry. In addition, the report offers an overview of recent developments of each player in the market. All these insights provided in the report are valuable to anyone interested in investing in the Healthcare Payer Services industry. These insights may help them in determining the strength of their competitors and take the required steps to gain a dominant position in the industry.

Additionally, the research report delivers a complete analysis of the key segments of the Healthcare Payer Services sector with the help of charts, graphs, and tables. An overview of each market segment such as type, application, and region are also provided in the report. Investors, stakeholders, product managers, marketing officials, and other professionals in search of detailed data on supply, demand, and future predictions would find the report beneficial.

This research report is prepared based on an in-depth analysis of the market by expert analysts. The insights provided in the report would help stakeholders determine investment suitability and market players to take hold of opportunities for partnerships, collaborations, and agreements.

Table of Contents

Chapter 1. Global Healthcare Payer Services Market Definition and Scope

1.1. Research Objective

1.2. Market Definition

1.3. Scope of The Study

1.4. Years Considered for The Study

1.5. Currency Conversion Rates

1.6. Report Limitation

Chapter 2. Research Methodology

2.1. Research Process

2.1.1. Data Mining

2.1.2. Analysis

2.1.3. Market Estimation

2.1.4. Validation

2.1.5. Publishing

2.2. Research Assumption

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