Press release
Global Healthcare Fraud Detection Market to Grow at $6432.7 Million by 2026 Report By IBM, HCL, Optum, SAS, Fair Isaac, DXC, Northrop Grumman, LexisNexis, Pondera, Wipro and others
The Asia-Pacific location is projected to boom hastily over the planned duration. The developing range of e-change structures in international locations like India and China has led businesses to adopt software program tools for content material fabric to beautify their patron revel in. furthermore, the growing kind of online banking organizations also drives marketplace increase.The following document is made with the assist of the SWOT analysis the growing penetration of the internet and the sizable use of social media systems moreover led to the growth of the marketplace. The North American location has a large percentage of the Healthcare Fraud Detection market due to the first rate adoption of numerous clever devices, including drugs, laptops and smart phones. Similarly, market increase has also been driven via the presence of main Healthcare Fraud Detection companies.
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Table of Contents-Snapshot
- Executive Summary
Chapter 1 Industry Overview
Chapter 2 Industry Competition by Manufacturers
Chapter 3 Industry Production Market Share by Regions
Chapter 4 Industry Consumption by Regions
Chapter 5 Industry Production, Revenue, Price Trend by Type
Chapter 6 Industry Analysis by Applications
Chapter 7 Company Profiles and Key Figures in Industry Business
Chapter 8 Industry Manufacturing Cost Analysis
Chapter 9 Marketing Channel, Distributors and Customers
Chapter 10 Market Dynamics
Chapter 11 Industry Forecast
Chapter 12 Research Findings and Conclusion
Chapter 13 Methodology and Data Source
Market Analysis: Global Healthcare Fraud Detection Market
Global Healthcare Fraud Detection Market is expected to rise from its initial estimated value of USD 840.39 million to an estimated value of USD 6432.7 million by 2026, registering a CAGR of 28.97% in the forecast period of 2019-2026. Rising fraudulent activities is the major factor for the growth of this market.
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Key Developments in the Market:
• In February 2018, DOJs Healthcare fraud unit announced the launch of their new data analytics team so that they can manage the health care frauds. The main aim is to see address and manage the new frauds trends in the country.
• In June 2018, Wipro Limited announced the launch of their end-to-end solution to address the issue of fraud, waste, and abuse in healthcare insurance which will also have Opera Solutions’ powerful AI and machine. This new solution examines the audits, recovery follow up, payment posting and adjustments. The main aim of the launch is to reduce the number of false risk rates and improve the high- risk claims.
Key Players: Global Healthcare Fraud Detection Market IBM Corporation
• Optum, Inc.
• COTIVITI, INC.
• McKesson Corporation
• Fair Isaac Corporation
• SAS Institute Inc.
• SCIOInspire, Corp.
• Conduent, Inc.
• HCL Technologies Limited
• CGI Inc.
• DXC Technology Company
• Northrop Grumman
• LexisNexis
• Pondera Solutions
• Wipro
Competitive Analysis:
Global healthcare fraud detection 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 fraud detection market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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Segmentation: Global Healthcare Fraud Detection Market
By Component (Services, Software)
By Delivery Mode (On-Premise Delivery Models, On-Demand Delivery Models)
By Type (Descriptive Analytics, Predictive Analytics, Prescriptive Analytics)
By Application (Insurance Claims Review, Post payment Review, Prepayment Review, Payment Integrity, Other Application)
By End- User (Private Insurance Payers, Public/Government Agencies, Third-Party Service Providers, Employers)
Market Segment by Regions, regional analysis covers:
• North America (United States, Canada and Mexico)
• Europe (Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America (Brazil, Argentina, Colombia)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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