Healthcare Claims Management Market : Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019-2025

Press Release

Global Healthcare Claims Management Market was valued at USD 10.60 Billion in the year 2017. Global Healthcare Claims Management Market is further estimated to grow at a CAGR of 6% from 2019 to reach USD 16.58 Billion by the year 2025. The North American and European industries hold a significant share in the global Market, owing to the increased use of software and hardware for processing claims and presence of top insurance companies in these regions. North America accounted for a four-ninths share of the global Market in 2017 and is expected to maintain this lead throughout the forecast period.

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The global healthcare claims management solutions Market is segmented based on type, deployment mode, and geography. Based on the type, the Market is segmented into software, hardware, and services. In 2017, the software segment accounted for the largest share in the global Market, owing to the technological advancements in software and increased use of software for accurate and faster processing of claims.

Major market players in Healthcare Claims Management Market are Cerner Corp., Eclinicalworks, Athenahealth, Mckesson Corp., GE Healthcare, DST Systems, Nthrive, Cognizant Technology Solutions, Allscripts Healthcare Solutions, Optum Inc., and other 10 more companies brief information is provided in the report.

SWOT analysis of Healthcare Claims Management Market:
Strength:
Rapidly increasing aging population and subsequent rise in the number of chronic diseases
Increase in awareness for care provision
Weakness:
High Cost of Deployment
Opportunities:
Emerging Countries
Cloud-Based Solutions
Threats:
Integration of Claim Management Solutions

Based on deployment mode, the Market is segmented into a web-based model, cloud-based model, and on-site deployment mode. The web-based deployment segment holds the largest share of the global Market, as it covers a vast array of claims business systems that help in saving both time and money.

Healthcare Claims Management Market Segmentation:
By Deployment Mode
• Web-Based
• Cloud Based
• On-Premise Based

By Components
• Software
• Hardware
• Services

By Region
North America
• USA
• Canada
Europe
• Germany
• U.K.
• France
• Italy
• Rest of Europe
APAC
• China
• India
• Japan
• Rest of Asia-Pacific
RoW
• Latin America
• Middle East & Africa

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