Healthcare BPO Global Strategic Business Report 2024: Market to Reach $583.4 Billion by 2030 from $312.8 Billion in 2023 - Patent Cliffs in Pharma Industry Drive Dependence on BPO Providers
Tuesday, April 9, 2024
DUBLIN, April 1, 2024 /PRNewswire/ -- The "Healthcare BPO - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
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Global Healthcare BPO Market to Reach $583.4 Billion by 2030
The global market for Healthcare BPO estimated at US$312.8 Billion in the year 2023, is projected to reach a revised size of US$583.4 Billion by 2030, growing at a CAGR of 8.1% over the analysis period 2023-2030.
Healthcare Provider Service, one of the segments analyzed in the report, is projected to record 9.1% CAGR and reach US$216.7 Billion by the end of the analysis period. Growth in the Healthcare Payer Service segment is estimated at 8% CAGR for the next 8-year period.
The U.S. Market is Estimated at $131.8 Billion, While China is Forecast to Grow at 9.2% CAGR
The Healthcare BPO market in the U.S. is estimated at US$131.8 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$34.6 Billion by the year 2030 trailing a CAGR of 9.2% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.7% and 6.9% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 8.3% CAGR.
Exciting New Report Features
-- Full access to influencer engagement stats
-- Free access to digital archives & research platform. The proprietary
platform is fully enabled to unlock creativity and market knowledge of
domain experts worldwide in a cohesive and collaborative manner. The
state-of-art tools bring world class market perspectives while
protecting participants` privacy and identity. Numbers, statistics and
market narrative in the report are based on fully curated insights
shared by domain experts and influencers in this space.
-- Opportunity to engage with interactive questionnaires that come with
real-time data simulator tools & bespoke report generation capabilities
-- Full client access to peer collaborative and interactive platform for
cross-enterprise smart exchange of ideas
-- Complimentary report updates for one year
-- Competitor coverage with global market shares of major players
-- Player market presence analysis (Strong/Active/Niche/Trivial) across
multiple geographies
-- Access to curated YouTube video transcripts of domain experts/influencer
interviews, podcasts, press statements and event keynotes
Key Topics Covered:
MARKET TRENDS & DRIVERS
-- Increasing Healthcare Costs to Drive Inclination towards BPO Services
-- Global Cost of Chronic Diseases (In US$ Billion) for the Years 2018 and
2030
-- Aging Population Burdens an Already Strained Healthcare System: Global
Population Statistics for the 65+ Age Group in Million by Geographic
Region for the Years 2019, 2025, 2035 and 2050
-- Per Capita Healthcare Expenditure (in $) by Select Countries for 2023
-- Regulatory Challenges Inflate the Demand for Healthcare BPO
-- ICD-10 Coding Standards and Impending Adoption of ICD-11 Standards:
Potential for BPO Providers
-- With Many Benefits of Cloud Computing, "The Cloud" Comes With a Silver
Lining for BPO Service Providers Struggling to Remain Cost Competitive
in the Era of Value Based Care
-- Inherent Advantages of Cloud Computing Make "The Cloud" a Game Changer
in the Healthcare BPO Industry: Benefits of Cloud Measured in %
Efficiency Improvements & Cost Reduction
-- Revenue Cycle Management Outsourcing Maximize Revenue Collection
Operations
-- Global Market for Revenue Cycle Management: Revenues in US$ Billion for
the Years 2018, 2020, 2022 and 2024
-- Reimbursement Changes Amplify Demand
-- Rise in Healthcare Industry Consolidation Boosts Growth Opportunities
-- Select M&A Deals Involving Large Healthcare Firms
-- Healthcare BPO Market for Pharma Sector
-- Global Pharmaceutical R&D Spending (US$ Billion) for the Years 2010
through 2024E
-- Patent Cliffs in Pharma Industry Drive Dependence on BPO Providers
-- Major Pharma Drugs Losing Patents
-- Healthcare Analytics Services Address the Challenge of High Data Volumes
-- Industry Witnesses a Surge in Near Shore Outsourcing
MARKET OVERVIEW
-- Influencer Market Insights
-- Outlook
-- Segment Review
-- Healthcare BPO - Global Key Competitors Percentage Market Share in 2023
(E)
-- Leading Players in the Global Contract Research Outsourcing Market by
Revenue Share (in %): 2023
-- Competitive Market Presence - Strong/Active/Niche/Trivial for Players
Worldwide in 2023 (E)
FOCUS ON SELECT PLAYERS (Total 61 Featured)
-- IBM Corporation
-- Boehringer Ingelheim International GmbH
-- Lonza Group Ltd.
-- HCL Technologies Ltd.
-- Tata Consultancy Services Ltd.
-- Charles River Laboratories International, Inc.
-- Labcorp Drug Development
-- Tata Group
-- Concentrix Corporation
-- Genpact Ltd.
-- Hexaware Technologies Ltd.
-- Sykes Enterprises, Inc.
-- GeBBS Healthcare Solutions, Inc.
-- Catalent, Inc.
-- IQVIA
For more information about this report visit https://www.researchandmarkets.com/r/51v6zj
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