Healthcare Claims Management Solutions Market Expected to Reach $5,213 million at 5.1% CAGR by 2025

Healthcare claims management process involves tasks such as organization, billing, updating, & processing of medical claims related to the diagnosis, treatment

PUNE, MAHARASHTRA, INDIA, October 1, 2020 / — North America and Europe are expected to dominate the global healthcare claims management solutions market during the forecast period. However, the emerging economies in Asia-Pacific and Latin America are expected to offer significant growth opportunities in the near future.

Healthcare Claims Management Solutions Market report, published by Allied Market Research, forecasts that the global market is expected to garner $5,213 million by 2022, growing at a CAGR of 5.1% during the period 2020 – 2025. The software segment accounted for two-thirds share of the global market, owing to increase in adoption of software by healthcare payers to manage the aggrandized claims-related data and surge in the number of claims applications & insurance coverage requests.

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Healthcare Claims Management Solutions Market Competitive Analysis:

Leading market players Cerner Corporation, Avaya Inc., Oracle Corporation, Infor Inc., Allscripts Healthcare Solutions, Inc., Athenahealth Inc., Accenture plc, IBM Corporation, Cognizant Technology Solutions Corporation, and Genpact Limited Provided in this report. These players have adopted various strategies including expansions, mergers & acquisitions, joint ventures, new product launches, and collaborations to gain a strong position in the industry.

Covid-19 Impact on the Global Healthcare Claims Management Solutions Market:

Healthcare Claims Management Solutions Market Report provides an overview of the market based on key parameters such as market size, sales, sales analysis and key drivers. The market size of the market is expected to grow on a large scale during the forecast period (2019-2026). This report covers the impact of the latest COVID-19 on the market. The coronavirus epidemic (COVID-19) has affected all aspects of life around the world. This has changed some of the market situation. The main purpose of the research report is to provide users with a broad view of the market. Initial and future assessments of rapidly.

Healthcare Claims Management Solutions Market Segmentation:

The research offers a detailed segmentation of the global Healthcare Claims Management Solutions market. Key segments analyzed in the research by Type (Software, Hardware, and Services], and Deployment mode (Web-based, Cloud-based, and On-premise) by End User and geography. Extensive analysis of sales, revenue, growth rate, and market share of each for the historic period and the forecast period is offered with the help of tables.

Healthcare Claims Management Solutions Market Regional Analysis:

The market is analyzed based on regions and competitive landscape in each region is mentioned. Regions discussed in the study include North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, and Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa). These insights help to devise strategies and create new opportunities to achieve exceptional results.

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Source: EIN Presswire