Revenue Cycle Management Market is Expected to Rise At An Impressive CAGR of 10.6% | By Exactitude Consultancy

In a recently released analysis titled "Revenue Cycle Management Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2029," Exactitude Consultancy, a reputable market research firm, provided data. The report offers a thorough overview of the market, including data on market size, trends, and growth projections for the global Revenue Cycle Management market. The study highlights the most recent developments in the industry and provides competitor and geographical analysis.

"The global revenue cycle management market size is expected to grow from USD 36.98 billion in 2020 to USD 91.57 billion by 2029, at a CAGR of 10.6% during the forecast period."

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**Note - Updated Version 2023 is available

► Growth Drivers

The market is expanding as a result of an increase in patients and subsequent expansion in health insurance.

The United States' aging population is fostering the development of electronic health records and RCM (Revenue Cycle Management). For instance, the WHO analysis also revealed that between 2015 and 2022, the percentage of people in the world who are 60 or older will double, from 12% to 22%. Additionally, the need for care services is anticipated to rise dramatically in the upcoming years due to the rising incidence of chronic diseases worldwide. For instance, according to the American Heart Association, there are various forms of heart disease in 48% of Americans.

► Who are the major players in this industry?

McKesson Corporation (US), Change Healthcare (US), 3M (US), Experian plc (Ireland), Conifer Health Solutions (US), Allscripts Healthcare Solutions (US), GE Healthcare (US), Cognizant (US), Athenahealth (US), SSI Group LLC (US), AdvantEdge Healthcare (US), and Huron Consulting Group (US)., and others.

► Recent Developments in Revenue Cycle Management Market

Recent developments in Revenue Cycle Management industry, even after market report release, support market trends outlined in analysis.

»  In October 2022, Nym announced that its medical coding engine is now being offered to radiology departments across the US.

»  In May 2022, N. Harris computer corporation (Constellation Software inc) announced the acquisition with Allscripts healthcare solutions

»  In July 2021, R1 RCM Inc., a provider of technology-driven solutions that improve the patient experience and the financial performance of healthcare providers, announced that it has completed the acquisition of Visit Pay, a provider of digital payment solutions. Acquisition brings together Visit Pay's customer payment infrastructure and R1's leading patient access technology, enabling providers to offer patients a seamless financial journey

► What exactly does market segmentation cover?

Revenue Cycle Management Market by Type, 2020-2029 (In USD Million)

»  Standalone

»  Integrated

Revenue Cycle Management Market by Component, 2020-2029 (In USD Million)

»  Services

»  Software

Revenue Cycle Management Market by Deployment, 2020-2029 (In USD Million)

»  On Premise

»  Cloud

► Regional Analysis of the Revenue Cycle Management Market

The market development, current market trends, and some research methodologies are all covered in the Revenue Cycle Management Industry research report. It draws attention to crucial aspects like product portfolios, software architectures, and production strategies that have a direct impact on the market. Our research shows that even minor changes to a product's qualities can have a big impact on the previously mentioned criteria.

► Key Geographical Regions

»  North America (US, Canada)

»  Europe (Germany, UK, France, Italy, Spain)

»  Asia-Pacific (China, Australia, Japan)

»  Middle East and North Africa

»  Latin America               

► Table of Content:

1 Study Reporting
1.1 Revenue Cycle Management Product
1.2 Key Segments in This Study
1.3 Key Companies Covered
1.4 Market by Type
1.4.1 Global Revenue Cycle Management Market Size Growth Rate by Type
1.5 Market by Application

2 Executive Instantaneous
2.1 Global Revenue Cycle Management Market Size
2.1.1 Global Revenue Cycle Management Revenue
2.1.2 Global Revenue Cycle Management Production
2.2 Revenue Cycle Management Growth Rate (CAGR)
2.3 Analysis of Competitive Landscape
2.3.1 Manufacturers Market Concentration Ratio
2.3.2 Key Revenue Cycle Management Manufacturers
2.3.2.1 Revenue Cycle Management Manufacturing Base Distribution, Headquarters
2.3.2.2 Manufacturers Revenue Cycle Management Product Offered
2.3.2.3 Date of Manufacturers Enter into Revenue Cycle Management Market
2.4 Key Trends for Revenue Cycle Management Markets & Products

3 Market Size by Manufacturers
3.1 Revenue Cycle Management Production by Manufacturers
3.2 Mergers & Acquisitions, Expansion Plans

4 Revenue Cycle Management Production by Regions

4.1 Global Revenue Cycle Management Production by Regions
4.1.1 Global Revenue Cycle Management Production Market Share by Regions
4.1.2 Global Revenue Cycle Management Revenue Market Share by Regions
4.2 United States
4.2.1 United States Revenue Cycle Management Production
4.2.2 United States Revenue Cycle Management Revenue
4.2.3 Key Players in United States
4.2.4 United States Revenue Cycle Management Import & Export
4.3 Europe
4.3.1 Europe Revenue Cycle Management Production
4.3.2 Europe Revenue Cycle Management Revenue

5 Revenue Cycle Management Consumption by Regions

5.1 Global Revenue Cycle Management Consumption by Regions
5.1.1 Consumption by Regions
5.1.2 Consumption Market Share by Regions
5.2 North America
5.2.1 North America Consumption by Application
5.2.2 North America Consumption by Countries
5.2.3 United States
5.2.4 Canada
5.2.5 Mexico
5.3 Europe
5.3.1 Europe Consumption by Application
5.3.2 Europe Consumption by Countries
5.3.3 Germany
5.3.4 France
5.3.5 UK
5.3.6 Italy
5.3.7 Russia
5.4 Asia Pacific
5.4.1 Asia Pacific Consumption by Application
5.4.2 Asia Pacific Consumption by Countries
5.5.1 Central & South America) Consumption by Application
5.5.2 Central & South America Consumption by Country

6 Market Size by Type
6.1 Production by Type
6.2 Revenue by Type
6.3 Price by Type

7 Market Size by Application
7.1 Overview
7.2 Global Revenue Cycle Management Breakdown Dada by Application
7.2.1 Global Revenue Cycle Management Consumption by Application
7.2.2 Global Revenue Cycle Management Consumption Market Share by Application

8 Manufacturers Profiles
9 Production Forecasts
9.1 Revenue Cycle Management Production and Revenue Forecast
9.1.1 Global Revenue Cycle Management Production Forecast
9.1.2 Global Revenue Cycle Management Revenue Forecast
9.2 Revenue Cycle Management Production and Revenue Forecast by Regions
9.2.1 Global Revenue Cycle Management Revenue Forecast by Regions
9.2.2 Global Revenue Cycle Management Production Forecast by Regions
9.3 Revenue Cycle Management Key Producers Forecast
9.3.1 United States
9.3.2 Europe
9.3.3 China
9.3.4 Japan
9.4 Forecast by Type
9.4.1 Global Revenue Cycle Management Production Forecast by Type
9.4.2 Global Revenue Cycle Management Revenue Forecast by Type

10 Consumption Forecast
10.1 Revenue Cycle Management Consumption Forecast by Application
10.2 Revenue Cycle Management Consumption Forecast by Regions
10.3 North America Market Consumption Forecast
10.3.1 North America Revenue Cycle Management Consumption Forecast by Regions
10.3.2 United States
10.3.3 Canada
10.3.4 Mexico
10.4 Europe Market Consumption Forecast
10.4.1 Europe Revenue Cycle Management Consumption Forecast by Regions
10.4.2 Germany
10.4.3 France
10.4.4 UK
10.4.5 Italy
10.4.6 Russia
10.5 Asia Pacific Market Consumption Forecast
10.5.1 Asia Pacific Revenue Cycle Management Consumption Forecast by Regions
10.5.2 China
10.5.3 Japan
10.5.4 South Korea
10.5.5 India
10.5.6 Australia
10.5.7 Indonesia
10.5.8 Thailand
10.5.9 Malaysia
10.5.10 Philippines
10.5.11 Vietnam
10.6 Central & South America Market Consumption Forecast
10.6.1 Central & South America Revenue Cycle Management Consumption Forecast by Regions
10.6.2 Brazil
10.7 Middle East and Africa Market Consumption Forecast
10.7.1 Middle East and Africa Revenue Cycle Management Consumption Forecast by Regions
10.7.2 GCC Countries
10.7.3 Egypt
10.7.4 South Africa

11 Value Chain and Sales Channels Analysis
11.1 Value Chain Analysis
11.2 Sales Channels Analysis
11.2.1 Revenue Cycle Management Sales Channels
11.2.2 Revenue Cycle Management Distributors
11.3 Revenue Cycle Management Customers

12 Market Opportunities & Challenges, Risks and Influences Factors Analysis
12.1 Market Opportunities and Drivers
12.2 Market Challenges
12.3 Market Risks/Restraints
12.4 Key World Economic Indicators

13 Key Findings in the Global Revenue Cycle Management Study

14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.1.1 Research Programs/Design
14.1.1.2 Market Size Estimation
14.1.1.3 Market Breakdown and Data Triangulation
14.1.2 Data Source
14.1.2.1 Secondary Sources
14.1.2.2 Primary Sources
14.2 Author Details
14.3 Disclaimer

Continue….

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► Research Methodology

The report is based on data analysis strategies by skilled data analysts. The research methodology involves collecting and analyzing information to provide significant market predictions. Interviews with market influencers make primary research relevant and practical. The secondary method provides a direct insight into demand and supply. Both primary and secondary data collection methods are used, along with publicly available sources like annual reports and white papers, to provide a comprehensive understanding of the market. The report offers precise data analysis and a comprehensive market tour.

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