Healthcare Provider Network Management Market 2021 Is Booming Worldwide: Cognizant (US), Ayasdi, Inc. (US), Change Healthcare (US), Optum, Inc. (US), Genpact Limited (US)

Healthcare Provider Network Management Market report consists of market analysis by regions, especially North America, China, Europe, Southeast Asia, Japan, and India, focusing on top manufacturers in the global market, with production, price, revenue, and market share for each manufacturer. The report also includes the market drivers and market restraints that are derived from SWOT analysis. This market research report offers an in-depth overview of product specification, technology, product type, and production analysis considering major factors such as revenue, cost, gross and gross margin. A world-class Healthcare Provider Network Management Market report showcases all the recent developments, product launches, joint ventures, mergers, and acquisitions by the several key players and brands that are driving the market.

Get a FREE Sample Copy of this Report with Graphs and Charts at: https://www.reportsnreports.com/contacts/requestsample.aspx?name=472331

Healthcare Provider Network Management Market survey offers key information about the industry, helpful and important facts and figures, expert opinions, and the latest developments across the world. The report includes data on patterns and improvements, target business sectors and materials, limits, and advancements. This market report is a valuable document for every market enthusiast, policymaker, investor, and market player. This report encompasses a chapter on the Healthcare Provider Network Management Market and all its associated companies with their profiles, which gives valuable data pertaining to their outlook in terms of finances, product portfolios, investment plans, and marketing and business strategies.

The healthcare provider network management market is projected to reach USD 5.8 billion by 2025 from USD 2.9 billion in 2020, at a CAGR of 14.9%.

Some of the major players in the market include Cognizant (US), Ayasdi, Inc. (US), Change Healthcare (US), Optum, Inc. (US), Genpact Limited (US), Infosys BPM Ltd. (India), Atos Syntel, Inc. (France), Mphasis, Ltd. (India), SKYGEN USA (US), Evolent Health, Inc. (US), OSP Labs (US), HGS Ltd. (India), Virtusa Corp. (US), EXL (US), among others.

Breakdown of supply-side primary interviews:

By Company Type: Tier 1 – 40%, Tier 2 – 30%, and Tier 3 – 30%
By Designation: C-level – 27%, Director-level – 18%, and Others – 55%
By Region: North America - 50%, Europe – 27%, APAC – 15%, and RoW – 8%

Payers will play a critical role throughout the crisis to ensure patients get the care they need at the appropriate cost. While many payer organizations find it difficult to run smoothly, companies that opted for provider network management infrastructure are functioning well. Furthermore, the pandemic has also caused extensive concerns and increasing economic hardships for consumers, businesses, and communities. With the ongoing pressure on the supply and demand side, there is potential for further market disturbance. Organizations and individuals may be experiencing liquidity stress, including limited access to credit. The deployment of provider network management solutions is vital for healthcare insurance providers, as it helps to manage providers’ networks with greater efficiency, processes claims with greater accuracy, and reduces costs and errors while lowering the burden on providers. These solutions enable payers to handle clients’ risks in real-time.

“The services segment is expected to hold the largest market share during the forecast period.”

On the basis of component, the healthcare provider network management market is segmented into software and services. The services segment is expected to hold the largest share of the global healthcare provider network management market in 2020. This segment's large share can be attributed to the reduced costs of services in healthcare systems and improvements in claims auto adjudication rates, operational efficiencies, and provider relationships. The services segment is further categorized as internal and external services.

“The cloud-based delivery mode segment is expected to grow at the highest rate during the forecast period.”

Based on delivery mode, the healthcare provider network management market is segmented into the on-premise delivery mode and cloud-based delivery mode. The on-premise delivery mode segment accounted for the largest share of the global healthcare provider network management market in 2019. On the other hand, the cloud-based delivery mode segment is expected to register the highest CAGR during the forecast period. Comparatively, lower capital expenses and operational costs incurred, and better scalability, flexibility, and affordability are the major factors driving the cloud-based solutions market.

“The private payers to garner large market share during the forecast period.”

Based on end users, the healthcare provider network management services market is segmented into private payers and public payers. The private payers' segment is expected to hold the largest share of the global market in 2020. The large share of this end-user segment can be attributed to the rising competitiveness among private payers to enhance their capabilities and offerings.

“The Asia Pacific healthcare provider network management market is expected to grow at the highest rate during the forecast period.”

Geographically, the healthcare provider network management market is segmented into North America, Europe, Asia Pacific (APAC), and the Rest of the World. The Asia Pacific market is expected to grow at the highest rate during the forecast period. The high growth rate in APAC can be attributed to the evolution of the healthcare ecosystem, growing burden on the healthcare industry, and increasing government initiatives for HCIT adoption in the region.

Key Benefits of Buying the Report

This report focuses on various levels of analysis—industry trends, market share of top players, and company profiles, which together form basic views and analyze the competitive landscape, emerging segments of the healthcare provider network management market, and high-growth regions and their drivers, restraints, challenges, and opportunities. The report will help both established firms as well as new entrants/smaller firms to gauge the pulse of the market and garner greater market shares.

The Healthcare Provider Network Management Market report offers a meticulous investigation of the current scenario of the global market, which considers numerous market dynamics. This market report identifies and analyses the emerging trends along with key drivers, challenges, and opportunities in the Healthcare industry. The market document comprises historic data, present market trends, market environment, technological innovation, upcoming technologies, and the technical progress in the related industry. The data and information about the Healthcare industry are taken from reliable sources such as websites, annual reports of the companies, and journals, and then validated by the market experts. The Healthcare Provider Network Management Market report covers major manufacturers, suppliers, distributors, traders, customers, investors, and major types, major applications.

Get 25% Discount on this Healthcare Provider Network Management Market Research Report at: https://www.reportsnreports.com/contacts/discount.aspx?name=472331

Contact Us:

Corporate Headquarters
Tower B5, office 101,
Magarpatta SEZ,
Hadapsar, Pune-411013, India
+ 1 888 391 5441
sales@reportsandreports.com

About Us:

ReportsnReports.com is your single source for all market research needs. Our database includes 500,000+ market research reports from over 95 leading global publishers & in-depth market research studies of over 5000 micro markets.

This release was published on openPR.