The global healthcare BPO services is expected to reach US$ 416,431.8 Mn in 2025 from US$ 192,131.6 Mn in 2017. The market is estimated to grow with a CAGR of 10.4% from 2018-2025.
Healthcare BPO services is segmented by payer service, provider service, and pharmaceutical service. Global healthcare BPO services, based on payer service was segmented into claims administration, billing, member management, provider management, fraud management, and others. Global healthcare BPO services, based on the provider service was segmented into medical billing, medical coding, finance & accounts, and others. The healthcare BPO services, based on pharmaceutical service was segmented into research & development, manufacturing, sales & marketing, supply chain & logistics, and others.
Healthcare Business Processing Outsourcing (BPO) offers customized solutions to the healthcare providers and payers to reduce the complexity of various tedious tasks involved at several stages of the workflow and establishment. These services are also helpful to enrich resource allocation, boost the financial performance of the company/organization, seek strategic growth support as well as reduce operational costs to maximize profit margins. The report would be of an interest to various stakeholders operating in the healthcare BPO services. These stakeholders include hospitals, pharmaceutical manufacturers, contract research organizations, medical device suppliers, market research, equipment manufacturers, and consulting firms.
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Healthcare BPO Services Market – Company Profiles
o HCL Technologies
o Invensis Technologies
o Infosys Limited
o Tata Consultancy Services
The Covid-19 (corona virus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. Trade barriers are further restraining the demand- supply outlook. As government of different regions have already announced total lockdown and temporarily shutdown of industries, the overall production process being adversely affected; thus, hinder the overall Healthcare BPO Services market globally. This report on ‘Healthcare BPO Services Market’ provides the analysis on impact on Covid-19 on various business segments and country markets. The report also showcases market trends and forecast to 2027, factoring the impact of Covid -19 Situation.
Key Elements that the report acknowledges:
o Market size and growth rate during forecast period.
o Key factors driving the Healthcare BPO Services.
o Key market trends cracking up the growth of the Healthcare BPO Services.
o Challenges to market growth.
o Key vendors of Healthcare BPO Services.
o Detailed SWOT analysis.
o Opportunities and threats faces by the existing vendors in Healthcare BPO Services.
o Trending factors influencing the market in the geographical regions.
o Strategic initiatives focusing the leading vendors.
o PEST analysis of the market in the five major regions.
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In the end, the primary and foremost goal of this Healthcare BPO Services report is to aid the user check out the market about its definition, distribution, market capability, trends and the obstacles that the market is facing. We have done a knowledgeable and insightful study while developing the research document. Thus it offers a deep frame of reference of Healthcare BPO Services market.
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This release was published on openPR.