Press release
Digital payment in Healthcare Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)
The global digital payment in healthcare market is anticipated to grow at a considerable CAGR of 20.2% during the forecast period. Digital payment in healthcare involved the use of electronic methods to facilitate financial transactions, driven by factors such as convenience, efficiency, security, and cost reduction. The impact of the COVID-19 pandemic has further accelerated the transition towards contactless payment methods in healthcare settings. For instance, a notable development occurred in May 2022 when Visa Global Services Inc. reported that the healthcare industry presents a substantial opportunity for fintechs and financial institutions (FIs) to meet the growing demand for digital transformation. Notably, the U.S. wholesale medical supply market was anticipated to surpass $268 billion in 2021 and was projected to expand to over $305 billion by 2026This escalating demand has led to the active involvement of key market players such as Axia Technologies, Stripe, Venmo, PayPal, and Nomi Health, among others. These entities have significantly contributed to market growth through various strategic approaches, including mergers and acquisitions, partnerships, collaborations, funding initiatives, and the introduction of software and services. These actions are aimed at maintaining competitiveness within the market landscape. For instance, in November 2022, Nomi Health launched an innovative solution known as Nomi Connect. This platform serves as a business operating system and payment platform, revolutionizing the way organizations purchase healthcare services directly. Furthermore, Nomi facilitates real-time payments to healthcare providers, addressing critical needs in the industry. The platform's implementation strives to actualize real-time healthcare payments, consequently enhancing access to healthcare services while concurrently reducing costs.
As the healthcare sector increasingly embraces digital payment solutions, the market is set to experience sustained growth, fueled by the convergence of technological advancements and evolving consumer preferences.
To Request a Sample of our Report on Digital payment in Healthcare Market: https://www.omrglobal.com/request-sample/digital-payment-in-healthcare-market
Market Coverage
The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered-
By Component Solution
By Deployments
By Organization Size
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- Includes Fiserv, Inc, Aliant Payments, First Data Corp., Worldpay, LLC, and Payments Direct, Inc, among others.
A full Report of Digital payment in Healthcare Market is Available @ https://www.omrglobal.com/industry-reports/digital-payment-in-healthcare-market
Digital payment in Healthcare Market Report Segment
By Component Solution
Solution
Service
By Deployment
On-Premise
Cloud
By Organization Size
Small and Medium-Sized Enterprises (SMEs)
Large Enterprises
Digital payment in Healthcare Market Report Segment by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
Company Profiles
Square, Inc.
Stripe
Adyen
Alipay
WeChat Pay
Apple Pay
Google Pay
Samsung Pay
Visa Inc.
Mastercard
American Express
Fiserv, Inc.
Paysafe Group
Paytm
Razorpay
se
Medisafe
doctolib
Zocdoc
Practo
HealthTap
Amwell
Teladoc Health
Doctor on Demand
MDLive
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More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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