openPR Logo
Press release

Healthcare BPO Market to Reach USD 425.8 Billion by 2031, Growing at a CAGR of 10.2% | Surge in Outsourced RCM, Coding & Claims Processing Drives Growth

12-10-2025 10:49 AM CET | Health & Medicine

Press release from: DataM intelligence 4 Market Research LLP

Healthcare BPO Market

Healthcare BPO Market

The Global Healthcare BPO Market reached USD 200.2 billion in 2022 and is projected to grow to USD 425.8 billion by 2031, exhibiting a CAGR of 10.2% during 2024-2031. The market is expanding as healthcare organizations increasingly outsource non-core functions such as billing, coding, claims processing, revenue cycle management, and customer support to improve efficiency, reduce operational costs, and enhance service quality.

Growth is further driven by rising digital capabilities, evolving patient expectations, and rapid advancements in healthcare technology. Modern patients demand technology-enabled healthcare experiences, prompting providers to adopt digital transformation strategies and rely more on specialized BPO partners. By leveraging automation, analytics, and AI-driven workflows, healthcare BPO services support better decision-making, improved accuracy, and streamlined operations across the healthcare ecosystem.

Get a Free Sample PDF Of This Report (Get Higher Priority for Corporate Email ID):- https://www.datamintelligence.com/download-sample/healthcare-bpo-market?sai-v

The Healthcare BPO Market is the sector that outsources administrative, financial, and clinical support services to external providers to enhance efficiency, reduce costs, and streamline healthcare operations.

Key Developments
✅ November 2025: Healthcare providers increased outsourcing of revenue cycle management (RCM) and medical coding to reduce administrative backlogs and strengthen reimbursement accuracy.

✅ September 2025: Major hospitals expanded adoption of AI-enabled claims processing and denial management outsourcing to accelerate claim approvals and reduce operational overhead.

✅ August 2025: Payors and insurers outsourced member-management and customer-support operations to BPO vendors as demand for omnichannel patient communication surged.

✅ June 2025: Pharmaceutical companies outsourced clinical data management and pharmacovigilance tasks to streamline drug-development timelines and ensure regulatory compliance.

Mergers & Acquisitions (M&A) & Strategic Actions
✅ November 2025: A leading global BPO provider acquired a U.S.-based healthcare coding and auditing firm to strengthen its RCM and clinical documentation capabilities.

✅ September 2025: A top healthcare IT and BPO company entered a strategic partnership with an automation-technology vendor to integrate AI-driven workflow tools into outsourced healthcare operations.

✅ July 2025: A major insurer outsourced end-to-end claims administration, coding, adjudication, and appeals, to a specialized BPO provider under a multi-year contract.

✅ June 2025: A healthcare BPO company expanded its footprint in Asia-Pacific by establishing a new delivery center focused on medical billing, coding, and patient-support services.

Key Players
HCLTech Lifesciences Limited | GeBBS Healthcare Solutions | Genpact | International Business Machines Corporation (IBM) | Parexel International Corporation | IQVIA | Sutherland Global Services | UnitedHealth Group | Cognizant Technology Solutions

Key Highlights
HCLTech Lifesciences Limited - Holds a 14.8% market share, supported by its advanced IT-enabled services, pharmacovigilance outsourcing, cloud-based healthcare platforms, and expanding global delivery centers.

GeBBS Healthcare Solutions - Holds a 12.6% market share, fueled by its strong expertise in revenue cycle management (RCM), coding, billing, and emerging AI-driven healthcare automation solutions.

Genpact - Holds a 11.7% market share, strengthened by its analytics-driven healthcare operations, payer-provider support solutions, and rising demand for digital workflow transformation.

International Business Machines Corporation (IBM) - Holds a 10.3% market share, driven by Watson Health's analytics capabilities, AI-powered decision support, and hybrid cloud platforms tailored for healthcare enterprises.

Parexel International Corporation - Holds a 9.2% market share, supported by its leadership in clinical research outsourcing, data management services, and growing adoption of decentralized clinical trial technologies.

IQVIA - Holds a 8.5% market share, fueled by its advanced real-world evidence (RWE) platforms, biostatistics capabilities, and strong demand for technology-enabled clinical and commercial outsourcing.

Sutherland Global Services - Holds a 7.1% market share, driven by its patient engagement services, healthcare BPO operations, and digital support solutions for payers and providers.

UnitedHealth Group - Holds a 5.9% market share, supported by its Optum services portfolio, data analytics, population health platforms, and comprehensive healthcare management solutions.

Cognizant Technology Solutions - Holds a 4.7% market share, backed by its healthcare IT services, claims processing solutions, and expanding digital health outsourcing capabilities.

Purchase this report before year-end and unlock an exclusive 30% discount: https://www.datamintelligence.com/buy-now-page?report=healthcare-bpo-market?sai-v
(Purchase 2 or more reports and get 50% Discount)

Market Drivers
• Increasing need for cost reduction and operational efficiency across healthcare providers and payers.

• Rising demand for outsourcing billing, coding, claims processing, and revenue cycle management (RCM) to improve accuracy.

• Growing complexity of medical coding and compliance requirements such as ICD-11 and HIPAA.

• Expansion of digital health and telemedicine increasing back-office workload and administrative tasks.

• Shortage of skilled healthcare professionals driving outsourcing of administrative and non-core functions.

• Rising focus on patient experience enhancement through outsourced customer support services.

• Growing adoption of automation, AI, and analytics in healthcare BPO workflows.

Industry Developments
• Expansion of AI-driven RCM and claims automation platforms to reduce denials and improve reimbursement timelines.

• Increased adoption of cloud-based BPO solutions for secure data management and workflow scalability.

• Growing partnerships between healthcare providers and global outsourcing firms for end-to-end RCM services.

• Introduction of advanced medical coding automation using NLP and machine learning.

• Rising investments in omnichannel patient engagement and contact center outsourcing.

• Development of integrated BPO platforms connecting payers, providers, and patients in a unified ecosystem.

• Increased focus on cybersecurity and secure data handling in outsourced healthcare operations.

Regional Insights
North America - 47% share: "Driven by high healthcare administrative costs, strong demand for RCM outsourcing, and widespread adoption of advanced automated BPO solutions."

Europe - 27% share: "Supported by growing healthcare digitalization, increasing compliance requirements, and rising outsourcing of medical billing and coding services."

Asia Pacific - 21% share: "Fueled by rapid expansion of BPO hubs in India and the Philippines, cost-efficient outsourcing models, and increasing demand from global healthcare companies."

Latin America - 3% share: "Boosted by emerging nearshore outsourcing capabilities, rising adoption of healthcare RCM services, and expanding clinical process outsourcing."

Middle East & Africa - 2% share: "Driven by growing healthcare modernization, rising demand for outsourced administrative support, and adoption of digital workflow management."

Key Segments

➥ By Provider Service
Patient Enrollment and Strategic Planning: Services supporting patient onboarding, eligibility verification, strategic care planning, and operational alignment for healthcare providers.

Revenue Cycle Management: Comprehensive solutions covering billing, coding, claims submission, reimbursement tracking, and financial performance optimization.

Patient Care Service:

Device Monitoring: Remote tracking of patient vitals and connected device data to support continuous care.

Medical Imaging: Digital imaging management, interpretation workflows, and diagnostic support.

Medical Transcription: Documentation services converting clinical audio into structured medical reports for efficient recordkeeping.

➥ By Payer Service
Provider Management: Solutions for provider credentialing, contract management, network optimization, and performance monitoring.

Human Resource Management: Tools and services supporting workforce planning, hiring, payroll, compliance, and HR operations for payer organizations.

Claims Management:

Claims Repricing: Adjusting claims based on payer contracts and allowable reimbursement rates.

Information Management Services: Data integration, record handling, and secure information exchange.

Fraud Detection and Management: Analytics-driven systems to identify anomalies, prevent fraud, and ensure regulatory compliance.

Others: Additional services enhancing claims handling efficiency and payer-provider coordination.

Care Management: Solutions for patient engagement, disease management, utilization review, and coordinated care planning.

CRM: Patient and member communication tools enabling support services, engagement tracking, and satisfaction management.

Other Payer Services: Includes analytics, reporting, compliance support, and administrative services tailored to payer operations.

➥ By Pharmaceutical Service
Research and Development: Services supporting clinical trials, drug discovery, laboratory management, data analysis, and regulatory documentation.

Manufacturing: Outsourced production, quality control, packaging, and supply chain management for pharmaceutical products.

Speak to Our Analyst and Get Customization in the report as per your requirements: https://www.datamintelligence.com/customize/healthcare-bpo-market?sai-v

Unlock 360° Market Intelligence with DataM Subscription Services: https://www.datamintelligence.com/reports-subscription

Power your decisions with real-time competitor tracking, strategic forecasts, and global investment insights all in one place.

✅ Competitive Landscape
✅ Sustainability Impact Analysis
✅ KOL / Stakeholder Insights
✅ Unmet Needs & Positioning, Pricing & Market Access Snapshots
✅ Market Volatility & Emerging Risks Analysis
✅ Quarterly Industry Report Updated
✅ Live Market & Pricing Trends
✅ Import-Export Data Monitoring

Have a look at our Subscription Dashboard: https://www.youtube.com/watch?v=x5oEiqEqTWg

Contact Us -

Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About Us -

DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.

Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Healthcare BPO Market to Reach USD 425.8 Billion by 2031, Growing at a CAGR of 10.2% | Surge in Outsourced RCM, Coding & Claims Processing Drives Growth here

News-ID: 4309536 • Views:

More Releases from DataM intelligence 4 Market Research LLP

Future of Polymer Stabilizer Market Demand Climbs as Manufacturers Prioritize Product | Grafe Advanced Polymers GmbH, Solvay SA., Albemarle Corporation, Mayzo Inc., Clariant International Ltd
Future of Polymer Stabilizer Market Demand Climbs as Manufacturers Prioritize Pr …
Polymer Stabilizer Market is estimated to reach at a CAGR of 4.5% during the forecast period (2024-2031) Get a Free Sample PDF Of This Report (Get Higher Priority for Corporate Email ID):- https://datamintelligence.com/download-sample/polymer-stabilizer-market?kb United States: Recent Industry Developments ✅ November 2025: BASF expanded its U.S. polymer stabilizer production capacity to meet rising demand in packaging and automotive. ✅ October 2025: SI Group launched advanced antioxidant stabilizers designed for high-performance polyolefins. ✅ September 2025: Ampacet introduced
Medical Automation Market to Reach US$ 110.73 Billion by 2032, Growing at a CAGR of 10.56% | Driven by Robotic Surgery, Automated Labs & AI-Enabled Diagnostics
Medical Automation Market to Reach US$ 110.73 Billion by 2032, Growing at a CAGR …
The Global Medical Automation Market reached US$ 54.34 billion in 2024 and is projected to reach US$ 110.73 billion by 2032, growing at a CAGR of 10.56% during 2025-2032. Market growth is driven by the rapid adoption of automation technologies across hospitals, diagnostic laboratories, pharmacies, and research facilities, as healthcare providers seek to enhance efficiency, accuracy, and patient outcomes. Medical automation includes robotic surgery systems, automated laboratory analyzers, pharmacy dispensing solutions,
Global Human Immunodeficiency Virus Type-1 (HIV-1) Treatment Market to reach US$ 62,752.56 million by 2031, North America led 46% of global market share | key Players:- Gilead Sciences, Inc., ViiV Healthcare, Janssen Global Services, LLC.
Global Human Immunodeficiency Virus Type-1 (HIV-1) Treatment Market to reach US$ …
Global Human Immunodeficiency Virus Type-1 (HIV-1) Treatment Market reached US$ 39,670.14 million in 2023 and is expected to reach US$ 62,752.56 million by 2031, growing at a CAGR of 5.9% during the forecast period 2025-2031. HIV-1 is a retrovirus, belonging to a group of heterogeneous, lipid-enveloped RNA viruses. HIV-1 is the most common type of HIV (Human Immunodeficiency Virus) accounting for nearly 95% of the cases. The virus attacks the
Future Gummy Vitamins Market Evolution 2025: From Traditional Pills to Delicious Nutrient Gumm!es
Future Gummy Vitamins Market Evolution 2025: From Traditional Pills to Delicious …
Gummy Vitamins Market Size reached USD 67.3 billion in 2022 and is projected to witness lucrative growth by reaching up to USD 16.2 billion by 2031. The market is expected to exhibit a CAGR of 10.5% during the forecast period 2024-2031. Get a Free Sample PDF Of This Report (Get Higher Priority for Corporate Email ID):- https://datamintelligence.com/download-sample/gummy-vitamins-market?kb United States: Recent Industry Developments ✅ November 2025: Nature Made launched sugar-free functional gummy vitamins targeting

All 5 Releases


More Releases for BPO

Times BPO Sets New Benchmark for Affordable, Scalable BPO Services
New Delhi, India - [26th June 2025] - In an industry often plagued by overpromises and high entry barriers, Times BPO, a rapidly growing business process outsourcing company, is setting a new standard by offering affordable, scalable, and transparent BPO solutions for startups, small businesses, and first-time entrepreneurs. With an unwavering commitment to client success and operational excellence, Times BPO has positioned itself as a game-changer in the outsourcing landscape. At
Ascent BPO presents top-notch BPO services for every sector!
Outsourcing business processes is a convenient method to access high-quality customer engagement services. And, you must be delighted to learn that Ascent BPO, a popular Noida-based BPO company, is there to provide the right BPO services solution for you. They are equipped with expert and well-qualified professionals who deliver 100% customer satisfaction with their services. If you want to learn about the services offered by this popular outsourcing company, then
TIMES BPO: Transforming the BPO Industry with Startup-Friendly Business Solution …
The outsourcing industry is evolving, and TIMES BPO is at the forefront, creating sustainable and profitable business opportunities for startups and entrepreneurs. With over 13 years of expertise, TIMES BPO offers a comprehensive ecosystem that empowers business seekers to establish successful call center ventures without the usual hurdles of market entry and client acquisition. Revolutionizing BPO for New Business Owners: The journey of starting a business is filled with challenges, but
Open Access BPO named top BPO company
WASHINGTON DC, March 1, 2021 – Open Access BPO has been recognized as one of the best business process outsourcing (BPO) companies and a top voice service provider in the recent Clutch 2021 Awards. Market research and B2B review agency Clutch named Open Access BPO in its Top BPO Companies list, having bagged recognitions in multiple categories: Best Back Office Best Data Entry Best Writing & Content Creation As a Top Voice Services
BPO Service Market:cheesy, Wipro, ServiceBPO, Accenture, Infosys BPO, Capri
BPO Service Market Overview: Summary:Excellence consistency maintains by Garner Insights in Research Report in which studies the global BPO Service market status and forecast, categorizes and Equipment market value by manufacturers, type, application, and region. Get Access to Report Sample: http://bit.ly/2Rqnlu4 The Global BPO Service market Report provides a detailed analysis of the current dynamics of the market with an extensive focus on the secondary research. It also studies current situation of the market
BPO Service Market- cheesy, Wipro, ServiceBPO, Accenture, Infosys BPO, Capri
Global BPO Service Market Size, Status and Forecast 2022 provides Market information about Manufacturers, Countries, Type and Application.This BPO Service Industry report also states Company Profile, sales, BPO Service Market revenue and price, market share, market growth and gross margin by regions.The following summary will give an overview of the causes, processes, and possible effects of the market research proposal. Request for sample copy of report @ https://goo.gl/xUqpPT Top Manufacturers/Key Players:- cheesy Wipro ServiceBPO Accenture Infosys BPO Capri The