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Healthcare Fraud Detection Market Booming Trends Growth Till 2025 | Key Players IBM, HCL Technologies, CGI Group, McKesson Corporation, Wipro Limited, Conduent, And Others

05-24-2019 03:32 PM CET | Health & Medicine

Press release from: The Insight Partners

Healthcare Fraud Detection Market

Healthcare Fraud Detection Market

Large number of fraudulent activities in healthcare, rising number of patients opting health insurance, prepayment review model, increasing pressure of fraud and abuse on healthcare spending is expected to drive the growth of the market. Moreover, increasing adoption of cloud-based analytics, emergence of social media and its impact on the healthcare industry, artificial intelligence (AI) in healthcare fraud detection is expected to provide opportunity for the growth of healthcare fraud detection market during the forecast period.

Healthcare fraud are difficult to detect and are generally go unnoticed, therefore detection of such fraudulent claims is necessary, as they increase burden on the society. The use of fraud detection solution enable healthcare firms in accounting, and auditing by predictive data methodologies. Careful account auditing can reveal suspicious providers and policy holders and detect potential fraudulent cases before it occurs.

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"Worldwide Healthcare Fraud Detection Market Analysis to 2025" is a specialized and in-depth study of the healthcare fraud detection industry with a focus on the global market trend. The report aims to provide an overview of global healthcare fraud detection market with detailed market segmentation by delivery model, component, type, application, end user, and geography. The global healthcare fraud detection market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.

Some of the key players influencing the market:-

• Verscend Technologies,
• Fair Isaac Corporation,
• SAS Institute
• SCIOInspire,
• Wipro Limited,
• IBM Corporation,
• Conduent,
• HCL Technologies Limited,
• CGI Group
• McKesson Corporation.

The report also includes the profiles of key healthcare fraud detection companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.

Healthcare Fraud Detection Market Report Insides:-

The report provides a detailed overview on the industry including both qualitative and quantitative information. It provides overview and forecast of the global healthcare fraud detection market based on delivery model, component, type, application, and end user. It also provides market size and forecast till 2025 for overall healthcare fraud detection market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 countries globally along with current trend and opportunities prevailing in the region.

Table Of Contents:

1 Introduction
2 Key Takeaways
3 Healthcare Fraud Detection Market Landscape
4 Healthcare Fraud Detection Market - Key Industry Dynamics
5 Healthcare Fraud Detection Market - Global Analysis
6 Healthcare Fraud Detection Market -Global Regulatory Scenario
8 Healthcare Fraud Detection Market Revenue and Forecasts to 2025 - Component (US$ Mn)
9 Healthcare Fraud Detection Market Revenue and Forecasts to 2025 - Type (US$ Mn)
10 Healthcare Fraud Detection Market Revenue and Forecasts to 2025 - Application (US$ Mn)
11 Healthcare Fraud Detection Market Revenue and Forecasts to 2025 - End User (US$ Mn)

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Healthcare Fraud Detection Market Segments:-

The healthcare fraud detection market is segmented based on delivery model as,
• on-premise delivery models
• on-premise delivery models.

On the basis of component healthcare fraud detection market is segmented into:
• Services
• software.

Based on type, healthcare fraud detection market is segmented into :-
• predictive analytics,
• prescriptive analytics
• descriptive analytics.

On the basis of application, healthcare fraud detection market is segmented into:
• insurance claims review,
• payment integrity
• other applications.

Based on the end user the market is segmented as:
• public/government agencies,
• private insurance payers,
• third-party service providers
• and employers.

North America is anticipated to hold largest share of the healthcare fraud detection market, followed by Europe. Factors such as rise in the number of people adopting health insurance, rising cases of healthcare fraud, favorable government initiatives to combat healthcare fraud, rising pressure to reduce healthcare costs, and greater product and service availability are expected to drive market growth in this region. Moreover, Asia Pacific is expected to grow at a fastest rate during the analysis period due to increasing awareness, improving healthcare infrastructure and growing investment in the healthcare technology.

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About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services.

We are committed to providing highest quality research and consulting services to our customers. We help our clients understand key market trends, identify opportunities, and make informed decisions by providing market research solutions at an affordable cost.

Contact us:

The Insight partners,

Phone: +1-646-491-9876

Email: sales@theinsightpartners.com

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