Healthcare BPO Market to Grow at a CAGR of 10 % during 2022-2030 - Business Market Insights

The market crossed the US$ 300.0 billion mark in 2022 and is expected to hit US$ 475.0 billion by 2030, recording a CAGR of 10% during the forecast period.

The Healthcare BPO market has been significantly growing with the increasing outsourcing in the life sciences and pharmaceutical industries.
Other factors, including need to reduce the rising healthcare costs, rising demand for niche services such as fraud detection and care management, and the need for structured processes and documentation in the healthcare industry, are driving the market's growth during the forecast period. In 2021, the North America segment held the maximum market share, attributed to a large number of pharmaceutical companies.

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Healthcare BPO stands for healthcare business process outsourcing. It is an activity during which healthcare providers get their jobs done outside the company instead of having in-house departments for operations, such as medical billing. In other words, healthcare providers hire third-party organizations to perform their duties. The most frequently used BPO services are medical billing and coding, claims processing, and data entry services.

Major key players covered in this Healthcare BPO Market report:

IQVIA
Genpact
Global Growth
GeBBS Healthcare Solutions
International Business Machines Corporation (IBM)
Parexel International Corporation
Sutherland Global Services
UnitedHealth Group
Cognizant Technology Solutions

Provider:
Patient Care
RCM

Payers:
Claims Management
Billing & Accounts

Life Science:
Research and Development
Manufacturing
Sales and Marketing

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Healthcare BPO Market: Competitive Landscape
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, during the forecast period of 2022 to 2030.

Major Key Points of Healthcare BPO Market
• Healthcare BPO Market Overview
• Healthcare BPO Market Competition
• Healthcare BPO Market, Revenue and Price Trend
• Healthcare BPO Market Analysis by Application
• Company Profiles and Key Figures in Healthcare BPO Market
• Market Dynamics
• Methodology and Data Source

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Leading market players and manufacturers are studied to help give a brief idea about them in the report. The challenges faced by them and the reasons they are on that position is explained to help make a well informed decision. Competitive landscape Healthcare BPO market is given presenting detailed insights into the company profiles, developments, merges, acquisitions, economic status and best SWOT analysis.

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