Healthcare Provider Network Management Market Report Unveils Demand and Strategies

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company offers in-depth market insights through Healthcare Provider Network Management Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The healthcare provider network management market size has grown rapidly in recent years. It will grow from $4.03 billion in 2023 to $4.72 billion in 2024 at a compound annual growth rate (CAGR) of 17.1%. The growth in the historic period can be attributed to rise of value-based care models, increased regulatory compliance requirements, growing complexity of healthcare networks, patient-centric care delivery, market consolidation and mergers.

The healthcare provider network management market size is expected to see rapid growth in the next few years. It will grow to $8.61 billion in 2028 at a compound annual growth rate (CAGR) of 16.2%. The growth in the forecast period can be attributed to interoperability challenges, telehealth integration, focus on cybersecurity in healthcare, population health management strategies, shift towards decentralized care, regulatory changes and reimbursement models. Major trends in the forecast period include artificial intelligence and automation, demand for data analytics in healthcare, technological advancements in healthcare, value-based care integration, telehealth network expansion.

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Market Segmentation:
The healthcare provider network management market covered in this report is segmented -

1) By Component: Network management services, Network management software
2) By Deployment Type: On-Premises, Cloud
3) By End User: Private Payers, Public Payers

Major Driver - Increasing Geriatric Population And Healthcare Provider Network Management
The increasing geriatric population is expected to propel the growth of the healthcare provider network management market going forward. The geriatric population refers to individuals who are elderly, typically aged 65 and older, characterized by specific healthcare needs associated with aging. The Healthcare Provider Network Management market plays a pivotal role in addressing the evolving needs of an increasing geriatric population by optimizing healthcare delivery, enhancing care coordination, and ensuring efficient resource allocation. As the demographic landscape shifts towards a larger elderly population, effective network management becomes a strategic imperative to meet the unique healthcare demands of this growing segment. For instance, in October 2022, according to the World Health Organization, a Switzerland-based international public health organization, the global population of individuals aged 60 years is projected to increase to 1.4 billion by 2022 compared to 1 billion in 2020. Moreover, 1 out of 6 people in the world will be aged more than 60 years or older by 2030. Therefore, the increasing geriatric population is driving the growth of the healthcare provider network management market.

Competitive Landscape:
Major companies operating in the healthcare provider network management market report are Apple Inc., UnitedHealth Group Incorporated, CVS Health Corporation, McKesson Corporation, Cigna Corporation, Centene Corporation, Anthem Inc., Optum Inc., Humana Inc., Aetna Inc., Salesforce Inc., Cognizant, Infosys Technologies Limited, Atos SE, RELX Group plc, Change Healthcare Technologies Corporation, Virtusa Corporation, Genpact Limited, Amedisys Inc., Mphasis Limited, Evolent Health Inc., Coforge Limited, Arkray Inc., Appian Corporation, OSPLabs, Amwell Inc., Symphony Health AI, Ayasdi Inc., SkyGen Technologies Corporation, Artivatic Data Labs, B. Braun Melsungen AG, Becton Dickinson and Company

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Top Trend - Contract Intelligence Solution For Managed Care And Network Contracts
Major companies operating in the healthcare provider network management market are focusing on product innovation, such as an intelligence solution for healthcare providers designed to help healthcare providers accelerate their digital transformation. An intelligence solution for healthcare providers refers to a comprehensive system that leverages advanced technologies, data analytics, and automation to optimize decision-making processes, enhance operational efficiency, and improve overall performance within the healthcare industry. For instance, in March 2022, Icertis, a US-based software company that provides contract management solutions to businesses, launched an industry-first contract lifecycle management (CLM) solution, Contract Intelligence (ICI). This product offers a holistic view of risks and obligations in managed care and network contracts, integrating seamlessly with various business systems to enhance visibility and control of contract data. Through automated workflows and post-execution management, ICI streamlines the contracting process, resulting in substantial time and cost savings, reduced risk, and a direct positive impact on the bottom line for healthcare providers in the network management sector.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Healthcare Provider Network Management Market Characteristics
3. Healthcare Provider Network Management Market Trends And Strategies
4. Healthcare Provider Network Management Market - Macro Economic Scenario
5. Healthcare Provider Network Management Market Size And Growth
…..
27. Healthcare Provider Network Management Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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