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Healthcare Fraud Analytics Market 2021 Recent Industry Developments, SWOT Analysis, Important on COVID 19 Outbreak, Growth Strategies Adopted by Top Key Players Worldwide and Assessment to 2027 available in the latest report

07-06-2021 09:02 AM CET | Health & Medicine

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Healthcare Fraud Analytics Market

Healthcare Fraud Analytics Market

The healthcare fraud analytics market was valued at US$ 1,331.09 million in 2019 and is expected to grow at a CAGR of 27.0% from 2020 to 2027 to reach US$ 8,707.73 million by 2027.

Driving factors of the healthcare fraud analytics market are rising number of healthcare fraudulent cases across the globe and growing health insurance industry are expected to boost the market growth over the years. However, concerns regarding healthcare fraud analytics is likely to have negative impact on the growth of the market in the coming years.

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Key Players:
1. Conduent Inc.
2. DXC Technology
3. Scioinspire, Corp.
4. FICO
5. Optum, Inc.
6. SAS Institute
7. Pondera Solutions
8. Lexisnexis Risk Solutions
9. Whitehatai
10. Cotiviti, Inc.

The hospital industry in is growing. Though the average hospital stays for a single person has been slightly decreased from 7 days to 5-6 days over the last couple of decades, but, the total number of hospital admissions increased to 36.5 million in 2017. An increase in the elderly population is a major reason for driving the hospital market in the US. Furthermore, as per the American Hospital Association (AHA) annual survey of hospitals in the United States, there are around 6,146 hospitals in the US. Also, the super-specialty and multi-specialty hospitals hold several opportunities for the market to grow during the forecast period. Additionally, micro-hospitals are gaining popularity as they offer personalized care 24/7, and waiting time is less than 5 minutes. Thus owing to such advancements, the hospital industry in the US is growing and which is likely to hold several opportunities for the healthcare fraud analytics market.

The global healthcare fraud analytics is segmented by solution, mode of delivery, application and end user. The healthcare fraud analytics market, by solution, is segmented into predictive analytics, descriptive analytics, and prescriptive analytics. The predictive analytics segment held the largest share of the market in 2019. The segment is also anticipated to register the highest CAGR in the market during the forecast period. Based on mode of delivery, the market is segmented into on-premise delivery models, and on-demand delivery models. The on-premise delivery models segment held the largest share of the market in 2019. However, on-demand delivery models segment is estimated to register the highest CAGR in the market during the forecast period.

The Table of Content for Healthcare Fraud Analytics Market research study includes:
1. Introduction
2. Key Takeaways
3. Research Methodology
4. Healthcare Fraud Analytics Market Landscape
5. Healthcare Fraud Analytics Market - Key Market Dynamics
6. Healthcare Fraud Analytics Market - Global Market Analysis
7. Healthcare Fraud Analytics Market - Revenue And Forecasts to 2027 – Type
8. Healthcare Fraud Analytics Market - Revenue And Forecasts to 2027 – Type of Product
9. Healthcare Fraud Analytics Market - Revenue And Forecasts to 2027 – Service
10. Healthcare Fraud Analytics Market Revenue And Forecasts to 2027 – Geographical Analysis
11. Impact of Covid-19 Pandemic on Global Healthcare Fraud Analytics Market
12. Industry Landscape
13. Healthcare Fraud Analytics Market, Key Company Profiles
14. Appendix
15. List of Tables
16. List of Figures

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