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Healthcare Claims Management Solutions Market
Healthcare Claims Management Solutions Market Market Research Report – Segmented By Component (HARDWARE, SERVICES), By Deployment Mode (CLOUD-BASED, ON-PREMISE BASED) & Region (North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America) – Analysis on Size, Share, Trends, COVID-19 Impact, Competitive Analysis, Growth Opportunities and Key Insights from 2019 to 2027.
Table of contents
- Executive Summary
- Market Overview
- Industry Analysis
- Market Analysis
- By Component
- By Deployment Mode
- North America
- Europe
- Asia-Pacific
- Middle-East & Africa
- Latin America
- Company Analysis
- Competitive Analysis
- Research Methodology
- Appendix
Executive Summary
Healthcare Claims Management Solutions Market was valued at US $26.77 billion in 2021 and is projected to grow at 23.72% CAGR over the forecast period to reach US $96.00 billion by 2027. Healthcare Claims Management Solutions Market represented US $9.28 billion opportunity over 2019-2021 and estimated to create US $69.22 billion opportunity in 2027 over 2021.
Healthcare Claims Management Solutions from Consainsights analyses the Healthcare Claims Management Solutions Market in the Life Sciences industry over the forecast period to 2027.
Healthcare Claims Management Solutions research report from Consainsights outlines the detailed strategic analysis, trends, market opportunities, growth prospects, industry and market challenges and sustainable solutions to sustain in the competitive environment.
Healthcare Claims Management Solutions segmentation includes Component, Deployment Mode and Geography.
Based on the Component, the Healthcare Claims Management Solutions analysis covers HARDWARE, SERVICES.
In Component segment, HARDWARE segment has highest cagr growth of 20.83%.
Based on the Deployment Mode, the Healthcare Claims Management Solutions analysis covers CLOUD-BASED, ON-PREMISE BASED.
In Deployment Mode segment, CLOUD-BASED segment has highest cagr growth of 20.83%.
Based on the region, the Healthcare Claims Management Solutions analysis covers North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America.
Key companies operating in the market include CERNER CORPORATION, AVAYA INC., ORACLE CORPORATION, INFOR, INC., ALLSCRIPTS HEALTHCARE SOLUTIONS, INC., ATHENAHEALTH INC., ACCENTURE PLC., IBM CORPORATION, COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION, GENPACT LIMITED and so on. This report covers the detailed analysis of the company profiles such as business segments, product portfolio, key brand insights and growth strategies adopted, company SWOT and Strategy analysis along with the financial analysis and analyst insights on the key companies operating in this market.
Market Overview
Definition & Scope
The base currency considered was the US Dollar (USD). Conversion of other currencies to USD was considered on the basis of the average exchange rate for the respective review-period years. The exchange rate conversion for forecast period was determined according to the base year’s conversion rates.
The base year was identified based on the availability of annual reports and secondary information. The base year considered for this study is 2027.
The review period considered for this study is from 2018-2027. The CAGR is for the forecast period, 2022-2027.
Market size estimations for the forecast years were in real terms. Inflation is not part of the pricing, and the average selling price (ASP) was kept constant throughout the forecast period for each country.
Distribution of primary interviews conducted was based on the regional share of the market and the presence of key players in each region.
As a result of data triangulation through multiple methodologies and approaches, the weighted averages of resulting estimates were considered to be the final values.
Currency, Year & Forecast
The currency used in this report is USD, with the market size indicated in terms of USD million/billion.
For companies reporting their revenues in USD, the revenues were taken from their respective annual reports/SEC filings.
For companies reporting their revenues in other currencies, the average annual currency conversion rates were used for a particular year to convert the value to USD Market Definition.
Component
Introduction
In 2021, HARDWARE segment has the highest revenue of US $17.99 billion and is expected to grow at CAGR of 20.83% by 2027 HARDWARE segment has highest cagr growth of 20.83%.
HARDWARE
HARDWARE segment was valued at US $11.76 billion in 2019 and is projected to grow at 20.83% CAGR over the forecast period to reach US $64.52 billion by 2027. HARDWARE segment represented US $6.24 billion opportunity over 2019-2021 and estimated to create US $46.52 billion opportunity in 2027 over 2021.
SERVICES
SERVICES segment was valued at US $5.74 billion in 2019 and is projected to grow at 20.83% CAGR over the forecast period to reach US $31.48 billion by 2027. SERVICES segment represented US $3.04 billion opportunity over 2019-2021 and estimated to create US $22.70 billion opportunity in 2027 over 2021.
Deployment Mode
Introduction
In 2021, CLOUD-BASED segment has the highest revenue of US $14.33 billion and is expected to grow at CAGR of 20.83% by 2027 CLOUD-BASED segment has highest cagr growth of 20.83%.
CLOUD-BASED
CLOUD-BASED segment was valued at US $9.36 billion in 2019 and is projected to grow at 20.83% CAGR over the forecast period to reach US $51.39 billion by 2027. CLOUD-BASED segment represented US $4.97 billion opportunity over 2019-2021 and estimated to create US $37.06 billion opportunity in 2027 over 2021.
ON-PREMISE BASED
ON-PREMISE BASED segment was valued at US $8.13 billion in 2019 and is projected to grow at 20.83% CAGR over the forecast period to reach US $44.60 billion by 2027. ON-PREMISE BASED segment represented US $4.31 billion opportunity over 2019-2021 and estimated to create US $32.17 billion opportunity in 2027 over 2021.