Global Healthcare Provider Network Management Market
The Global Healthcare Provider Network Management Market was valued at USD 47.60 billion in 2016 and is projected to reach USD 302.25 billion by 2025, growing at a CAGR of 22.8% from 2017 to 2025.
A provider network is a list of the doctors, other health care providers, and hospitals that a plan has contracted with to provide medical care to its members. These providers are called network providers or in-network providers. A provider that has not contracted with the plan is called an out-of-network provider.
1. Market Drivers
1.1 Implementation of strict laws in the U.S.
1.2 Increasing Focus on quality improvement by gauging payer reports and responses.
2. Market Restraints
2.1 High initial costs
2.2 High maintenance
The Global Healthcare Provider Network Management Market is segmented on the basis of Component:
1. Global Healthcare Provider Network Management Market, by Component:
1.1 Provider network management services
1.2 Provider Network management Software
2. The Healthcare Provider Network Management Market, by Region:
2.1 North America (U.S., Canada, Mexico)
2.2 Europe (Germany, UK, France, Rest of Europe)
2.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
2.4 Latin America (Brazil, Argentina, Rest of Latin America)
2.5 Middle East & Africa
The major players in the market are as follows:
1. Trizetto Corporation (A Cognizant Company)
2. Ayasdi, Inc.
3. Mckesson Corporation
4. Optum, Inc.
5. Genpact Limited
6. Infosys BPO, Ltd.
7. Syntel, Inc.
8. Mphasis Limited
9. Vestica Healthcare, LLC (A Skygen USA Company)
10. Aldera, Inc.
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 METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on The Global Healthcare Provider Network Management 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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