Healthcare Business Process Outsourcing (BPO) Market 2024-2028
The healthcare business process outsourcing (BPO) market is forecasted to grow by USD 17298.2 mn during 2023-2028, accelerating at a CAGR of 10.87% during the forecast period. The report on the healthcare business process outsourcing (BPO) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by focus on reducing operational costs, surging number of BPOs, and presence of skilled professionals.
Technavio's healthcare business process outsourcing (BPO) market is segmented as below:
By Solution
- Manufacturing
- Research and development
- Non-clinical services
By Service
- Revenue cycle management
- Patient care services
- Patient enrollment and strategic planning
By Geography
- North America
- APAC
- Europe
- Middle East and Africa
- South America
This study identifies the emergence of cloud-computing services as one of the prime reasons driving the healthcare business process outsourcing (BPO) market growth during the next few years. Also, rising emphasis on process automation and expansion and growth of several healthcare domains will lead to sizable demand in the market.
The report on the healthcare business process outsourcing (BPO) market covers the following areas:
- Healthcare business process outsourcing (BPO) market sizing
- Healthcare business process outsourcing (BPO) market forecast
- Healthcare business process outsourcing (BPO) market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading healthcare business process outsourcing (BPO) market vendors that include Accenture Plc, Cognizant Technology Solutions Corp., DATAMARK Inc., Foundever Group., GeBBS Healthcare Solutions Inc., Genpact Ltd., HCL Technologies Ltd., Infosys Ltd., International Business Machines Corp., Invensis Technologies Pvt. Ltd., IQVIA Holdings Inc., Maxicus Inc., OMH HealthEdge Holdings LLC, Parexel International Corp., R1 RCM Inc., Sutherland Global Services Inc., Tata Consultancy Services Ltd., UnitedHealth Group Inc., Wipro Ltd., and WNS Holdings Ltd.. Also, the healthcare business process outsourcing (BPO) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.