CHICAGO, Dec. 6, 2021 /PRNewswire/ — In-depth analysis and data-driven insights on the impact of COVID-19 included in this healthcare claims management market report.
The healthcare claims management market is expected to grow at a CAGR of over 4.79% during the period 2021−2027.
Key Highlights Offered in the Report:
- The global healthcare claims management market is anticipated to witness incremental and absolute growth of around USD 2.9 billion and more than 32.40%, respectively during the forecast period.
- The software segment is expected to grow at the highest incremental and absolute of more than USD 2.05 billion and around 34% respectively during the forecast period.
- Integrated segment is expected to grow at the highest incremental and absolute of about USD 1.85 billion and more than 34% respectively in the upcoming years.
- Web & cloud-based segment is expected to grow at the highest incremental and absolute of more than USD 2.4 billion and around 35.7% respectively during the forecast period.
- Healthcare providers segment is expected to grow at the highest incremental and absolute of more than USD 1.80 billion and around 31% respectively during the forecast period.
Key Offerings:
- Market Size & Forecast by Revenue | 2021−2027
- Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
- Market Segmentation – A detailed analysis by component, claim type, delivery mode, end-user, and geography
- Competitive Landscape – 5 key vendors, and 47 other vendors are profiled in the report
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Healthcare Claim Management Market – Segmentation
- Medical claims management software offers a wide range of features that can streamline and automate the healthcare claim processing workflow. With the rise in physician visits, the number of medical claims has witnessed a considerable surge and accelerated the demand for healthcare claims management systems.
- Over the next decade, the medical insurance industry will continuously witness an evolution in health insurance products and processes. This trend to move the in-house claim function can also be easily adopted by many insurers, thereby creating a unique opportunity for claims management system vendors.
- An integrated claims management solution includes workflow automation tools that can improve the claims handling process by driving informed decisions and productivity and contributing to rapid, cost-effective closure of claims.
Healthcare Claim Management Market by Component
- Software
- Services
Healthcare Claim Management Market by Type
- Integrated
- Standalone
Healthcare Claim Management Market by Delivery Mode
- Web and cloud-based
- On-premises
Healthcare Claim Management Market by End User
- Healthcare payers
- Healthcare providers
Healthcare Claim Management Market – Dynamics