Healthcare BPO Market to 2027, Future Outlook, Major Players - Genpact, IBM, Conduent, Inc., Cognizant, Infosys, GEBBS, Parexel, IQVIA, Truven Health, Capgemini

Healthcare costs are minimized as the government is making favorable policy changes to support the expansion of the healthcare BPO market and thus increase concentration in the market. As per MRFR, the global market is forecasted to gain a CAGR of 10.20% and achieve income worth USD 488,202.72 Million by 2027.

For numerous reasons, including the expanding number of people looking for healthcare insurance and the promise of government assistance, the healthcare BPO business is rising and generating significant progress in the healthcare market. The availability of high-quality doctors, low-cost treatments, improved customer service, and the avoidance of critical errors, particularly when giving a patient's medical information, are all driving expansion in health care business process outsourcing.

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Key Players

The prolific companies in the healthcare BPO market are Genpact (U.S.), IBM (U.S.), Conduent, Inc. (U.S.), Cognizant (U.S.), Infosys (India), GEBBS (U.S.), Parexel (U.S.), IQVIA (U.S.), Truven Health (U.S.), Capgemini (France), United Health Group (U.S.), NTT Data, Inc. (Japan), Concentrix (U.S.), EXLService Holdings In. (the U.S.), and Hinduja Global Solutions (India).

Segmental Analysis

The global laboratory information systems (LIS) market has been segmented into application, components, and delivery.

Based on application, the global market has been segmented into clinical, drug discovery, and industrial.

Based on components, the global market has been segmented into software, hardware, and services.

Based on delivery, the global market is divided into on-premise based and cloud-based.

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Regional Analysis:
The regional study of the healthcare BPO market consists of the Americas, the Middle East, Europe, Asia-Pacific, and Africa. The Americas are estimated to account for the largest share of the global healthcare BPO market over the assessment period, owing to high-tech technologies, increased healthcare spending, and the presence of major organizations. People in this area are concerned about their health, which adds to increased healthcare costs. As a result, demand for healthcare BPO services has risen to keep up with the rising healthcare costs. The European market is projected to expand rapidly due to strong rivals, complicated technologies, and associated health care expenditures. Asia-Pacific is considered the most important region in the worldwide market due to the fast-changing healthcare industry and the quantity of market potential growth.
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