COVID-19 Impact on Global Payer Services Market Revenue, Demands and Gross Margin, Forecasts to 2030 | TBRC Reports

The Business Research Company offers "Payer Services Global Market Report 2020-30: Covid 19 Growth And Change" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.

The global payer services market is expected to grow from $88.97 billion in 2019 to $93.9 billion in 2020 at a compound annual growth rate (CAGR) of 5.5%. The exponential growth is mainly due to the COVID-19 outbreak that has led to an increase in demand for services for medical billing and claims. The market is then expected to adjust and reach $134.65 billion in 2023 from 2021 at a CAGR of 12.77%.

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The payer services market consists of sales of payer services by entities (organizations, sole traders and partnerships) that provide healthcare services that are outsourced by healthcare insurance providers/payers. These outsourcing solutions help the payers to streamline their business processes and deliver better services to their customers. Only goods and services traded between entities or sold to end consumers are included.

Increased adoption of technologically advanced products is gaining substantial popularity in the payer services market. This has led to improved price transparency, affordable payer services, higher utilization of resources, increasing quality reach, and member satisfaction and loyalty towards the service provider.

Payer Services Market Segmentation:
By Outsourcing Services
1.Business Process Outsourcing Services
2.Knowledge Process Outsourcing Services
3.Information Technology Outsourcing Services

By Application
1.Revenue Cycle Management
2.Healthcare Reimbursement
3.Medical Billing Outsourcing and Others

By End-User
1.Public Payers
2.Private Payers

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Few Points From Table Of Content
1. Executive Summary
2. Payer Services Market Characteristics
3. Payer Services Market Size And Growth
4. Payer Services Market Segmentation
5. Payer Services Market Regional And Country Analysis
....
25. Payer Services Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Payer Services Market
27. Payer Services Market Trends And Strategies
28. Payer Services Market Future Outlook and Potential Analysis
29. Appendix

The report covers the trends and market dynamics of the payer services market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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Some of the key players involved in the payer services market are United Health Group, Anthem, Concentrix Corporation, United Healthcare, Anthem Inc., Aetna, Inc., CIGNA Corp.,

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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.

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