Revenue Cycle Management Market to Reflect Growth Potential with a Highest CAGR of 13.2% by 2031

As per the report, the global revenue cycle management industry was pegged at $97.29 billion in 2020, and is expected to reach $329.71 billion by 2030, growing at a CAGR of 12.7% from 2021 to 2030.

Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/2182

Rise in demand for cloud-based solutions and surge in healthcare spending have boosted the growth of the global revenue cycle management market.

However, high costs associated with RCM deployment and scarcity of trained professionals hinder the market. On the contrary, rise in demand for outsourced RCM solutions is expected to open new opportunities for the market players in the future.

For Report Customization: https://www.alliedmarketresearch.com/request-for-customization/2182

Covid-19 scenario:

• During the Covid-19 pandemic, revenue cycle management played a vital role in monitoring patients' eligibility and reducing hospital maintenance time.

• The pandemic had a little impact on the market, but it is expected to offer new opportunities in the future due to rise in demand for healthcare solutions and advanced patient management.

By type, the integrated segment held the largest share in 2020, accounting for nearly two-thirds of the global revenue cycle management market. The segment is expected to register the highest CAGR of 13.5% during the forecast period.

Access the full summary at: https://www.alliedmarketresearch.com/revenue-cycle-management-market

This is due to improved healthcare infrastructure and rise in healthcare-related expenditures to cater untapped markets among developing nations. The report includes an analysis of the standalone segment.

By end-user, the physicians segment would showcase the highest CAGR of 13.7% from 2021 to 2030. The segment held the largest share in 2020, contributing to around three-fifths of the global revenue cycle management industry, due to rise in complexities of healthcare reimbursement methods, adoption of electronic health records, and change in models of payments. The report includes analysis of other segments such as hospitals and diagnostic & ambulatory care centers.

By region, the market across North America held the lion's share in 2020, accounting for nearly two-fifths of the market, due to technological advancements and presence of key market players in the region.

Procure Complete Report (271 Pges PDF with Insights, Charts, Tables, and Figures) at:
https://www.alliedmarketresearch.com/checkout-final/f12d8b9fe76d3c59a5e406c1f193b3b5

However, the global revenue cycle management market across Asia-Pacific would showcase the highest CAGR of 15.6% from 2021 to 2030, owing to growth in deployment of revenue cycle management among physicians and hospitals.

The key players operating in the revenue cycle management market analysis include Athenahealth, Inc., eClinicalWorks, Epic Systems Corporation, Experian Information Solutions, Inc., GeBBS Healthcare Solutions, GE HealthCare, McKesson Corporation, Oracle Cerner, Quest Diagnostics Incorporated, and Veradigm LLC. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.

Inquiry Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/2182

Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, Europe, or Asia.

If you have any special requirements, please let us know and we will offer you the report as per your requirements.

Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll-Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on: LinkedIn Twitter

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.

AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, researchers, and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients' requirements is complemented with analyst support and customization requests.

This release was published on openPR.