|11-14-2018 03:04 PM CET - Health & Medicine||
Healthcare BPO Market at a CAGR of 10.30% and Dominated by Top Competitors (Accenture, Cognizant, Wipro Limited, Xerox, DSM, HGS - Hinduja Global Solutions, HCL Technologies, WNS Global Services, AGS Health) Forecast 2025
Press release from: Data Bridge Market Research
Healthcare BPO Market 2018 Global Industry Research report provides in depth study of using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Healthcare BPO Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization. The study provides forecast and estimates market for each product in terms of revenue and volume during the forecast period.
The Global Healthcare BPO Market is expected to reach USD 419.93 billion by 2025, from USD 191.68 billion in 2017, growing at a CAGR of 10.30% during the forecast period of 2018 to 2025.
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Top Key Players:
• Xerox Corporation
• Hinduja Global Solutions
• DSM Pharma
• Cognizant Technology Solutions
• Infinit Healthcare
• AGS Health, Inc
• Omega Healthcare
• Pacific Ventures
• Flatworld Solutions
• Taskforce BPO
• among others.
Table of Contents:
2 Research Methodologies
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Compliance in Healthcare BPO Market
8 Healthcare BPO Market, By Service
9 Healthcare BPO Market, By Deployment Type
10 Healthcare BPO Market, By Organization Size
11 Healthcare BPO Market Analyses, By Vertical
12 Geographic Analyses
• North America
• South America
• Middle East & Africa
13 Competitive Landscapes
14 Detailed Company Profiles
15 Related Reports
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Global Healthcare BPO Market By Payer Service (Claims Management, Integrated Front-end Services and Back-office Operations, Member Management, Care Management, PDBA, HR Services), By Provider Service (Revenue Cycle Management, Patient Care), By Pharmaceutical Service (Manufacturing Services, R&D Services, Non-clinical Services), By Geography (APAC, Europe, Middle East, Africa, North America & South America) – Industry Trends and Forecast to 2025
Complete report on Global Healthcare BPO Market Research Report 2017-2024 spread across 350 Pages, profiling Top companies and supports with tables and figures
Company Share Analysis: Global Healthcare BPO Market
The global healthcare BPO market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of healthcare BPO market for global, Europe, North America, Asia Pacific and South America.
Market Definition: Global Healthcare BPO Market
This market report defines the market trends and forecast the upcoming opportunities and threats of the global healthcare BPO market in the next 8 years.
The health care organizations are facing new challenges from an unpredictable global economy, where consumer expectations are growing every day. Major health care providers have been using business process outsourcing (BPO for better processes, speed transactions and reduced costs. Healthcare BPO involves certain job functions, which are done outside a company instead of having an in-house department handling the business operations by healthcare providers, payers and organizations. Healthcare BPO has many advantages like availability of skilled workforce at reduced cost and decrease in training and administrative expense. Moreover, healthcare BPO also provides standard patient care, with reduced cost required for infrastructure.
Healthcare service providers are dealing with many challenges, which hamper their work on administrative level. Invensis, a HIPAA compliant healthcare BPO services provider has offered customized solutions to remove the difficulties of these processes.
Major Market Drivers and Restraints:
• Regulatory changes in the US with the implementation of PPACA
• Pressure to reduce rising healthcare costs
• Shift to ICD-10 coding standards and upcoming ICD-11
• Loss of revenue due to billing errors
• Consolidation increasing in the healthcare industry
• Rising need for structured processes and documentations
• Hidden costs of outsourcing
• Fear of losing visibility and control over the business process
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Customize report of "Global Healthcare BPO Market" as per customers requirement also available.
Global Healthcare BPO Market is segmented on the basis of
• Payer Service
• Provider Service
• Pharmaceutical Service
Market Segmentations in Details:
On the basis of Payer Service, the global healthcare BPO market is segmented into claims management, integrated front-end services and back-office operations, member management, product development and business acquisition (PDBA), provider management, care management, billing & accounts management services and HR services
On the basis of Provider Service, the global healthcare BPO market is segmented into revenue cycle management, patient enrolment & strategic planning and patient care. Patient care is further sub segmented into medical transcription, medical imaging and device monitoring.
On the basis of Pharmaceutical Service the global healthcare BPO market is segmented into manufacturing services, R&D services and non-clinical services.
On the basis of Geography,
• North America
• South America
• Middle East & Africa
What Reports Provides.
• Full in-depth analysis of the parent Healthcare BPO market
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Important changes in Healthcare BPO Industry dynamics
• Market share analysis
• Key strategies of major players In
• Emerging segments and regional markets
• Testimonials to companies in order to fortify their foothold in the Healthcare BPO market.
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