Healthcare Fraud Detection Market Benefits, Business Opportunities and Future Scope by 2025 Including Top Players IBM Corporation, Conduent, Inc., HCL Technologies Limited, CGI Group

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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Some of the eminent key players influencing the market are Verscend Technologies, Inc., Fair Isaac Corporation, SAS Institute Inc., SCIOInspire, Corp., Wipro Limited, IBM Corporation, Conduent, Inc., HCL Technologies Limited, CGI Group Inc., and McKesson Corporation.

The report aims to provide an overview of global Healthcare Fraud Detection market with detailed market segmentation by product, software, services, 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.

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.

What the report features:-

- Global analysis of Healthcare Fraud Detection market from 2019 – 2025 illustrating the progression of the market.

- Forecast and analysis of Healthcare Fraud Detection market by Dosage, Route of Administration and Application from 2019 – 2025

- Forecast and analysis of Healthcare Fraud Detection market in five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America

MARKET SEGMENTATION

The healthcare fraud detection market is segmented based on delivery model as, on-premise delivery models and on-premise delivery models. On the basis of component healthcare fraud detection market is segmented into services and software. Based on type, healthcare fraud detection market is segmented into predictive analytics, prescriptive analytics and descriptive analytics. On the basis of application, healthcare fraud detection market is segmented into insurance claims review, payment integrity and other applications. Based on the end user the market is segmented as public/government agencies, private insurance payers, third-party service providers and employers.

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 based on product, software, and services. 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 &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.

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The report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions.

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.

Key Benefits of Buying this Research Study:

- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Healthcare Fraud Detection Market

- Highlights key business priorities in order to assist companies to realign their business strategies

- The key findings and recommendations highlight crucial progressive industry trends in the Healthcare Fraud Detection Market, thereby allowing players across the value chain to develop effective long term strategies

- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it

- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

- Examine the political, economic, social and technology impact of the five regions namely: North America, Europe, Asia Pacific, Middle East & Africa and South America.

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