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Healthcare Payer Services - Global Strategic Business Report

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    Report

  • 246 Pages
  • December 2023
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 4804982

Quick Summary:

In an increasingly dynamic and complex global environment, understanding the nuances and trends of the Healthcare Payer Services market is critical for businesses to maintain a competitive edge. Estimating to be a US$90.8 Billion market by 2030, Healthcare Payer Services is experiencing substantial growth across various regions and sectors, offering numerous opportunities for business development and strategic planning. Our comprehensive market research report provides an in-depth exploration of this growth, equipping you with the tools necessary to leverage these expanding prospects.

This report not only delves into the industry landscape, but it also highlights the key players currently shaping the market, including Accenture PLC, Cognizant Technology Solutions Corporation, and Dell Technologies among others. Complemented by special coverage on various global contexts and online interactive peer-to-peer collaborative bespoke updates, our report provides the requisite market intelligence for informed decision-making and strategic planning. Additionally, with a purchase, you'll have access to digital archives, our research platform, and complimentary updates for one year.

Global Healthcare Payer Services Market to Reach $90.8 Billion by 2030

The global market for Healthcare Payer Services estimated at US$55.6 Billion in the year 2022, is projected to reach a revised size of US$90.8 Billion by 2030, growing at a CAGR of 6.3% over the analysis period 2022-2030. ITO Services, one of the segments analyzed in the report, is projected to record a 6.1% CAGR and reach US$45.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the BPO Services segment is readjusted to a revised 5.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $16.3 Billion, While China is Forecast to Grow at 5.9% CAGR

The Healthcare Payer Services market in the U.S. is estimated at US$16.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$15.9 Billion by the year 2030 trailing a CAGR of 5.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.6% and 5.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.9% CAGR.

Select Competitors (Total 46 Featured) -

  • Accenture PLC
  • Cognizant Technology Solutions Corporation
  • Concentrix Corporation
  • Dell Technologies
  • Exlservice Holdings, Inc.
  • Genpact
  • HCL Technologies Ltd.
  • Hewlett-Packard Development Company LP
  • Hinduja Global Solutions Ltd.
  • Wipro Ltd.
  • Xerox Corporation


What's New?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year
Frequently Asked Questions about the Global Market for Healthcare Payer Services

What is the estimated value of the Global Market for Healthcare Payer Services?

The Global Market for Healthcare Payer Services was estimated to be valued at $55.6 Billion in 2022.

What is the growth rate of the Global Market for Healthcare Payer Services?

The growth rate of the Global Market for Healthcare Payer Services is 6.3%, with an estimated value of $90.8 Billion by 2030.

What is the forecasted size of the Global Market for Healthcare Payer Services?

The Global Market for Healthcare Payer Services is estimated to be worth $90.8 Billion by 2030.

Who are the key companies in the Global Market for Healthcare Payer Services?

Key companies in the Global Market for Healthcare Payer Services include Accenture PLC, Cognizant Technology Solutions Corporation, Concentrix Corporation, Dell Technologies, Exlservice Holdings, Inc., Genpact, HCL Technologies Ltd., Hewlett, Packard Development Company LP and Hinduja Global Solutions Ltd..

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • Product Overview
  • Healthcare Payer Services: A Prelude
  • Healthcare Payer Services - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Health Payers Opt for Right Technology for Members Fulfillment
  • Challenges & Risks Confronting the Healthcare Payer Service Providers
  • Innovations & Advancements
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Healthcare Payer Services Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
  • Table 2: World Recent Past, Current & Future Analysis for Healthcare Payer Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 3: World Historic Review for Healthcare Payer Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 4: World 16-Year Perspective for Healthcare Payer Services by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2014, 2023 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for ITO Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 6: World Historic Review for ITO Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 7: World 16-Year Perspective for ITO Services by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 8: World Recent Past, Current & Future Analysis for BPO Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 9: World Historic Review for BPO Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 10: World 16-Year Perspective for BPO Services by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 11: World Recent Past, Current & Future Analysis for KPO Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 12: World Historic Review for KPO Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 13: World 16-Year Perspective for KPO Services by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 14: World Recent Past, Current & Future Analysis for Claims Management Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 15: World Historic Review for Claims Management Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 16: World 16-Year Perspective for Claims Management Services by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 17: World Recent Past, Current & Future Analysis for Billing & Accounts Management Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 18: World Historic Review for Billing & Accounts Management Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 19: World 16-Year Perspective for Billing & Accounts Management Services by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 20: World Recent Past, Current & Future Analysis for Member Management Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 21: World Historic Review for Member Management Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 22: World 16-Year Perspective for Member Management Services by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 23: World Recent Past, Current & Future Analysis for Analytics & Fraud Management Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 24: World Historic Review for Analytics & Fraud Management Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 25: World 16-Year Perspective for Analytics & Fraud Management Services by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 26: World Recent Past, Current & Future Analysis for HR Management Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 27: World Historic Review for HR Management Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 28: World 16-Year Perspective for HR Management Services by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 29: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 30: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 31: World 16-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 32: World Recent Past, Current & Future Analysis for Private Payers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 33: World Historic Review for Private Payers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 34: World 16-Year Perspective for Private Payers by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 35: World Recent Past, Current & Future Analysis for Public Payers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 36: World Historic Review for Public Payers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 37: World 16-Year Perspective for Public Payers by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Healthcare Payer Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
CANADA
JAPAN
  • Healthcare Payer Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
CHINA
  • Healthcare Payer Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
EUROPE
  • Healthcare Payer Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
FRANCE
  • Healthcare Payer Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
GERMANY
  • Healthcare Payer Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
ITALY
UNITED KINGDOM
  • Healthcare Payer Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
REST OF EUROPE
ASIA-PACIFIC
  • Healthcare Payer Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
REST OF WORLDIV. COMPETITION

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Accenture PLC
  • Cognizant Technology Solutions Corporation
  • Concentrix Corporation
  • Dell Technologies
  • Exlservice Holdings, Inc.
  • Genpact
  • HCL Technologies Ltd.
  • Hewlett-Packard Development Company LP
  • Hinduja Global Solutions Ltd.
  • Wipro Ltd.
  • Xerox Corporation