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Medical Outsourcing Market - Forecast (2020 - 2025)

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    Report

  • 105 Pages
  • March 2020
  • Region: Global
  • IndustryARC
  • ID: 3339441
Health care is one of the well-known sectors that touch every individual and government. The global medical outsourcing Market is estimated to surpass $276.46 and is estimated to grow at a CAGR of 2.5% during the forecast period. By service pharmaceutical dominated the market with 65% and is estimated to grow at a CAGR of 1.7%.By region North America hold the largest market share with 44.5% and is estimated to grow at a CAGR of 2.2% during 2020-2025.

What is Medical Outsourcing?

Medical outsourcing is the consignment of core services or procedures of the organization to a provider that emphases in that area of service or operation. The medical outsourcing market is divided into provider, payer, pharmaceuticals, pathology, and information technology.

What are the major applications for Medical Outsourcing?

The benefit of medical outsourcing service is that it enables patients to get the best medical observation from medical experts and specialized doctors. Besides, professionals and doctors providing this service are licensed and well trained.

The main benefit of outsourcing healthcare services is minimizing of overall costs and hospital expenses without compromising the quality of patient service.

Market Research and Market Trends of Medical Outsourcing


  • The healthcare industry is assessing and formulating machine learning and artificial intelligence to steer patient outcomes and upgrade efficiency to improve results with low costs.

  • Internet based technologies reaching maturity and are flourishing. Also, scientific developments in the field of connectivity and automation are having an upsurge.

  • Advancement in voice recognition software is introduced to replace common office tasks such as scheduling meetings, greeting participants, recording meeting minutes and others. Users will be able to issue voice commands to manage individual, shared Echo devices, print documents, begin video conferences, and access calendars.

  • Intelligent automation will recast the outsourcing industry with latest mixes, models, and motives. Outsourcing partners to manage, program and oversee their AI assets, train employees in current digital skills and help them chart a cognitive automation roadmap.



Who are the Major Players in Medical Outsourcing market?

The companies referred in the market research report includes Mckesson Corp, Accenture, CGI Federal, Optum, Emdeon, TCS, Cognizant, Dell, Wipro.

What is our report scope?

The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2020-2025.

Key Takeaways from this Report


  • Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals.

  • Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.

  • Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.

  • Analyze the sales and distribution channels across key geographies to improve top-line revenues.

  • Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

  • Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.

  • Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.

Table of Contents

1. Medical Outsourcing Market - Overview
1.1. Definitions and Scope
2. Medical Outsourcing Market - Executive summary
2.1. Market Revenue, Market Size and Key Trends by Company
2.2. Key Trends by type of Application
2.3. Key Trends segmented by Geography
3. Medical Outsourcing Market
3.1. Comparative analysis
3.1.1. Product Benchmarking - Top 10 companies
3.1.2. Top 5 Financials Analysis
3.1.3. Market Value split by Top 10 companies
3.1.4. Patent Analysis - Top 10 companies
3.1.5. Pricing Analysis
4. Medical Outsourcing Market Forces
4.1. Drivers
4.2. Constraints
4.3. Challenges
4.4. Porters five force model
4.4.1. Bargaining power of suppliers
4.4.2. Bargaining powers of customers
4.4.3. Threat of new entrants
4.4.4. Rivalry among existing players
4.4.5. Threat of substitutes
5. Medical Outsourcing Market -Strategic analysis
5.1. Value chain analysis
5.2. Opportunities analysis
5.3. Product life cycle
5.4. Suppliers and distributors Market Share
6. Medical Outsourcing Market – By Services (Market Size -$Million / $Billion)
6.1. Market Size and Market Share Analysis
6.2. Application Revenue and Trend Research
6.3. Product Segment Analysis
6.3.1. Payer
6.3.1.1. Transactional Services
6.3.1.1.1. Claims Processing
6.3.1.1.2. Transaction Processing
6.3.1.1.3. Mailroom
6.3.1.2. Customer Care
6.3.1.3. Communication and Marketing Services
6.3.1.3.1. Member Recruitment
6.3.1.3.2. Communications Design and Consulting
6.3.1.4. Cost Avoidance, Audit and Payment Recovery
6.3.1.4.1. Litigation Services
6.3.2. Provider
6.3.2.1. Medical Billing
6.3.2.2. Medical Coding
6.3.2.3. Medical Transcriptions
6.3.2.4. Finance and Account
6.3.2.5. Improved process tracking and reporting
6.3.2.6. Pricing maintenance and configuration
6.3.3. Pharmaceutical
6.3.3.1. CRO Market
6.3.3.1.1. Lead identification & Lead optimization Phase
6.3.3.1.2. Biopharmaceutical Development
6.3.3.1.3. Biologic Assay Development
6.3.3.1.4. Pre-clinical phase
6.3.3.1.5. Clinical Research
6.3.3.1.6. Clinical Trials Management
6.3.3.1.7. Pharmacovigilance
6.3.3.2. Contract Manufacturing Organization
6.3.3.2.1. API Manufacturing
6.3.3.2.2. Formulation Development
6.3.3.2.3. Stability Studies
6.3.3.2.4. Method Development
6.3.3.2.5. Packaging
6.3.3.3. Data Management Services and Biostatistics
6.3.3.4. Non-Clinical Services
6.3.3.4.1. Medical Writing
6.3.3.4.2. Regulatory Compliance
6.3.3.4.3. Sales and Marketing
6.3.3.4.4. SCM and Logistics
6.3.4. Information Technology
6.3.4.1. IT Organizational Management
6.3.4.2. Infrastructure Technology Outsourcing
6.3.4.3. Data integration tools
6.3.4.4. Quality, safety and compliance solutions
6.3.5. Pathology
6.3.5.1. Transcription services
6.3.5.2. Testing protocols
6.3.5.3. Resource management
7. Medical Outsourcing – By End Use Industry(Market Size -$Million / $Billion)
7.1. Segment type Size and Market Share Analysis
7.2. Application Revenue and Trends by type of Application
7.3. Application Segment Analysis by Type
7.3.1. Pharmaceutical Industries
7.3.2. Pharmaceutical Laboratories
7.3.3. Hospitals
7.3.4. Clinics
7.3.5. Research Institutes
7.3.6. Insurance companies
8. Medical Outsourcing - By Geography (Market Size -$Million / $Billion)
8.1. Medical Outsourcing Market - North America Segment Research
8.2. North America Market Research (Million / $Billion)
8.2.1. Segment type Size and Market Size Analysis
8.2.2. Revenue and Trends
8.2.3. Application Revenue and Trends by type of Application
8.2.4. Company Revenue and Product Analysis
8.2.5. North America Product type and Application Market Size
8.2.5.1. U.S.
8.2.5.2. Canada
8.2.5.3. Mexico
8.2.5.4. Rest of North America
8.3. Medical Outsourcing - South America Segment Research
8.4. South America Market Research (Market Size -$Million / $Billion)
8.4.1. Segment type Size and Market Size Analysis
8.4.2. Revenue and Trends
8.4.3. Application Revenue and Trends by type of Application
8.4.4. Company Revenue and Product Analysis
8.4.5. South America Product type and Application Market Size
8.4.5.1. Brazil
8.4.5.2. Venezuela
8.4.5.3. Argentina
8.4.5.4. Ecuador
8.4.5.5. Peru
8.4.5.6. Colombia
8.4.5.7. Costa Rica
8.4.5.8. Rest of South America
8.5. Medical Outsourcing - Europe Segment Research
8.6. Europe Market Research (Market Size -$Million / $Billion)
8.6.1. Segment type Size and Market Size Analysis
8.6.2. Revenue and Trends
8.6.3. Application Revenue and Trends by type of Application
8.6.4. Company Revenue and Product Analysis
8.6.5. Europe Segment Product type and Application Market Size
8.6.5.1. U.K
8.6.5.2. Germany
8.6.5.3. Italy
8.6.5.4. France
8.6.5.5. Netherlands
8.6.5.6. Belgium
8.6.5.7. Spain
8.6.5.8. Denmark
8.6.5.9. Rest of Europe
8.7. Medical Outsourcing – APAC Segment Research
8.8. APAC Market Research (Market Size -$Million / $Billion)
8.8.1. Segment type Size and Market Size Analysis
8.8.2. Revenue and Trends
8.8.3. Application Revenue and Trends by type of Application
8.8.4. Company Revenue and Product Analysis
8.8.5. APAC Segment – Product type and Application Market Size
8.8.5.1. China
8.8.5.2. Australia
8.8.5.3. Japan
8.8.5.4. South Korea
8.8.5.5. India
8.8.5.6. Taiwan
8.8.5.7. Malaysia
9. Medical Outsourcing Market - Entropy
9.1. New product launches
9.2. M&A's, collaborations, JVs and partnerships
10. Medical Outsourcing Market Company Analysis
10.1. Market Share, Company Revenue, Products, M&A, Developments
10.2. Mckesson Corp
10.3. Accenture
10.4. CGI Federal
10.5. Optum
10.6. Emdeon
10.7. TCS
10.8. Cognizant
10.9. Dell
10.10. Wipro
11. Medical Outsourcing Market -Appendix
11.1. Abbreviations
11.2. Sources

Methodology

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