Global Healthcare BPO Market

Dec 2018| VMR223A| Verified Market Research

Report Highlights

Market Analysis:
Global Digital Pathology Market is valued at USD 167.66 billion in 2016 and is projected to reach USD 413.84 billion by 2025, growing at a CAGR of 10.01% from 2017 to 2025.

Market Definition:
The services in Healthcare outsourcing provides healthcare navigation services, care management programs and consumer engagement solutions such as patient advocacy, care navigation, nurse advice line, virtual doctor consultations, medical decision support, hospital post-discharge management, emergency room diversion, disease/condition management, HEDIS and Star rating support, and medication adherence support.

Market Dynamics:
1. Market Drivers
1.1 Increased Healthcare demands
1.2 Increasing financial resources from Government
1.3 increased cases of diseases and infections
1.4 Accuracy and convenience of consultation results for patients

2. Market Restraints
2.1 Lack of technological experts
2.2 Expensive methodologies

Market Segmentation:
Healthcare BPO Market is segmented on the basis of:
1. Healthcare BPO Market, by Provider Service:
1.1 Revenue cycle management
1.2 Patient enrolment
1.3 Patient care
1.3.1 Medical transcription
1.3.2 Medical imaging
1.3.3 Device monitoring

2. Healthcare BPO Market, by Payer Service:
2.1 Claims Management Service
2.1.1 Claims Adjudication services
2.1.2 Claims settlement services
2.1.3 Information Management services
2.1.4 Claims Repricing
2.1.5 Claims investigation Services
2.1.6 Claims indexing services
2.1.7 Fraud Detection Management
2.2 Member management Services
2.3 Provider Management Services
2.4 Product Development and business acquisition services
2.5 Care Management
2.6 HR Services
2.7 Billings and account management services
2.8 Integrated Front end Services
2.9 Back office operations

3. Healthcare BPO Market, by Pharmaceutical Services:
3.1 Research and development
3.2 Manufacturing
3.3 Non-Clinical Services
3.3.1 Supply chain management & logistics
3.3.2 Sales and marketing services analytics and marketing services research forecasting performance reporting
3.3.3 others

4. Healthcare BPO Market, by Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, Japan, India, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Rest of the World

Competitive Landscape:
The major players in the market are as follows:
1. Accenture
2. Cognizant
3. Firstsource Solutions
4. Genpact
5. IBM
6. Infosys
7. Lonza
8. Omega Healthcare
11. WNS Holdings
12. Invensis Technologies

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

Research study on the Healthcare BPO Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

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