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

DUBLIN, April 1, 2024 /PRNewswire/ -- The "Healthcare BPO - Global Strategic Business Report" report has been added to  ResearchAndMarkets.com's offering.

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 an 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

• 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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