Top Technologies in Healthcare BPO Market - Dominated by Outsourcing and Business Processes by 2022

The objective of Healthcare BPO Market report is to define, describe, and forecast the market on the basis of outsourcing services including payer, provider, and pharmaceutical services and region. It provides detailed information regarding the major factors influencing the growth of the market. This report also tracks and analyzes competitive developments of the key players in terms of market developments, product portfolios, and financials.

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The healthcare BPO market is estimated to grow at a CAGR of 10.2% from 2017 to 2022 to reach USD 312.43 Billion by 2022 from USD 191.68 Billion in 2017. The base year considered for the study is 2016, and the forecast for the market size is provided for the period between 2017 and 2022. In the current market scenario, there is a growing demand for healthcare BPO services.

Healthcare BPO Market, By Provider Service
1 Introduction
2 Revenue Cycle Management
3 Patient Enrollment
4 Patient Care
5 Medical Transcription
6 Device Monitoring
7 Medical Imaging

In this report, the global healthcare BPO market is segmented on the basis of payer services, provider services, pharmaceutical services, and region. Based on payer services, the healthcare BPO market is segmented into claims management, integrated front-end services and back-office operations, member management, product development and business acquisition, provider management, care management, billing & accounts management services, and HR services.

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The global healthcare BPO market is divided into revenue cycle management, patient enrolment & strategic planning, and patient care. In 2017, the revenue cycle management segment is expected to account for the largest share of the market.

Global Healthcare BPO Market, by Payer Service
1 Claims Management
2 Integrated Front-end Services and Back-office Operations
3 Member Management
4 Product Development and Business Acquisition (PDBA)
5 Provider Management
6 Care Management
7 Billing & Accounts Management Services
8 HR Services

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The key players in the healthcare BPO market are Cognizant (US), Accenture (Ireland), Xerox (US), Genpact (Bermuda), TCS (India), and Infosys (India). These players focused on inorganic strategies such as acquisitions, agreements, and collaborations as well as organic strategies such as product launches and expansions to sustain their growth in the healthcare BPO market.

In 2017, the manufacturing services segmentis expected to account for the largest share of the market. The rising demand for new drugs and cost advantages of outsourcing are the key factors driving the growth of this segment.

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