Future Healthcare Story

Medical Billing Outsourcing Market Key Takeaways By Regions Analysis and Forecast to 2026

Press release   •   Jan 02, 2020 04:44 EST

The global Medical Billing Outsourcing Market is estimated to grow at CAGR above 11.4% over the forecast time frame 2018-2026 and reach the market value around $19.3 billion by 2026. The report is titled “Medical Billing Outsourcing Market - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 – 2026” and it intends to offer a comprehensive overview of the market to its stakeholders.

To keep pace with the increasing demand, the leading organizations are investing in various research and development initiatives. This, coupled with government support, implementation of policies supporting expansion of pharmaceutical and healthcare industries, and accessibility to improved reimbursement policies are supporting the growth of this market.

The report offers a bird’s eye view of the Medical Billing Outsourcing Market, gauging its growth trajectory over the years. It presents insights into key factors boosting the markets, besides the ones restricting its growth. The report also highlights hidden opportunities for the market besides revealing the key restraints. It is therefore intended to help market players determine their growth strategies and make informed decisions pertaining to potential investments.

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The report includes information obtained from various sources from within the industry. Latest statistics from international organizations are considered while compiling this study. In addition to this, opinions from experts are taken to offer refined growth forecasts. Information compiled in the study is derived with primary and secondary research methods. Besides this, industry-leading analytical tools are used examine information received. The report uses price trend analysis, qualitative and quantitative analysis to evaluate prevalent market trends.

Scope of the Report:

The report first uses historic data from different companies. The data collected is used to analyses the growth of industries in the past years. It includes data from the year 2015 to the year 2019. The forecast data provides the reader with an understating of the future of the market. The same data is used to predict the expectation of the companies and how they are expected to evolve in the coming years. The research provides historical as well as estimated data from the year 2019 to 2026. The details in the report give a brief overview of the market by examining its historical data, the current data, and forecast data to understand the growth of the market.

Competitive Landscape

The competition witnessed in the market is soaring. With rising demand for innovation, players are experimenting with various strategies to gain competitive edge and strengthen their foothold in the market. Several companies operating in the industry are looking at expanding their footprint across emerging nations to capitalize on the prevailing opportunities there. The gap in demand and supply of healthcare facilities in underdeveloped countries has resulted in the presence of unmet demand in these countries. These companies are looking at capitalizing on this to emerge at the fore of the global market.

Growth strategies adopted by the companies operating in the market are examined in detail. This is done to study how these strategies influence on this market. Furthermore, the bargaining power of suppliers and buyers. Furthermore, it reveals threat from new entrants and available substitute products.

List of Companies

The report lists down some of the leading companies operating in this market. The market share of the global Medical Billing Outsourcing Market is dominated by companies like Experian Information Solutions; Allscripts; Accretive Health; Cerner Corporation; Kareo, EClinicalWorks; Inc.; GE Healthcare; Genpact; HC; Quest Diagnostics; McKesson Corporation; and The SSI Group.

The policies adopted by these companies are studied in detail. Furthermore, the report offers insights into their product portfolio, pricing strategies, strategic collaborations, mergers and acquisitions, among others.

SWOT Analysis is conducted on the companies listed to study their strengths and weaknesses. Furthermore, the analysis offered insights into opportunities and threats present in the market for these companies. A comparative analysis between these companies is intended to highlight the most successful strategies adopted by these companies. Doing so, the report offers recommendations for growth to companies operating in the market. It is thus conducted to help companies, irrespective of their size, access relevant information.

Regional Outlook

The report segments the global Medical Billing Outsourcing Market into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa in terms of region. According to studies, developed economies are likely to offer stability to the market. The higher rate of adoption of latest technologies and the presence of a sophisticated healthcare network will augment growth in the market in North America. In Europe as well the market will gain from favourable government policies.

In the last couple of years, the investment towards expanding healthcare infrastructure has greatly surged in emerging economies of Asia Pacific and Latin America. This, coupled with the rising awareness about various diseases and the treatment available for the same will support growth in emerging countries.

Key Segments

The report segments the market into various categories. The leading segments within each category are identified in the report. Furthermore, it calculates market share that these segments hold. Factors enabling growth in this segments are studied in detail. The report also reveals the factors that may restrain the market growth in these categories.

Market Segmentation

Market by Component

  • In-House
  • Outsourced

Market by Service

  • Back-End
  • Middle-End
  • Front-End

Market by End-Use

  • Physician Clinics
  • Hospitals
  • Others

Market, by Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Chile
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • Rest of MEA

The market research study on “Medical Billing Outsourcing Market (By Component: In-House, Outsourced; By Service: Back-End, Middle-End, Front-End; By End-Use: Physician Clinics, Hospitals, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026” offers detailed insights on global Medical Billing Outsourcing market segments with market dynamics and their impact. The report provides insights on global Medical Billing Outsourcing market by component, service, End-use and major geographic regions.

Market Regional Analysis:

Based on the regions, the global Medical Billing Outsourcing Market is segmented into -North America (US and Canada), Europe (UK, Germany, France, Spain and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea and Rest of Asia-Pacific), Latin America (Mexico, Brazil and Rest of Latin America), Middle East & Africa (GCC, South Africa and Rest of MEA).

TABLE OF CONTENT

CHAPTER 1. INDUSTRY OVERVIEW

1.1. Definition and Scope

1.1.1. Definition of Medical Billing Outsourcing

1.1.2. Market Segmentation

1.1.3. List of Abbreviations

1.2. Summary

1.2.1. Market Snapshot

1.2.2. Medical Billing Outsourcing Market By Component

1.2.2.1. Global Medical Billing Outsourcing Market Revenue and Growth Rate Comparison By Component (2015-2026)

1.2.2.2. Global Medical Billing Outsourcing Market Revenue Share By Component in 2017

1.2.2.3. In-House

1.2.2.4. Outsourced

1.2.3. Medical Billing Outsourcing Market By Service

1.2.3.1. Global Medical Billing Outsourcing Market Revenue and Growth Rate Comparison By Service (2015-2026)

1.2.3.2. Back-End

1.2.3.3. Middle-End

1.2.3.4. Front-End

1.2.4. Medical Billing Outsourcing Market By End Users

1.2.4.1. Global Medical Billing Outsourcing Market Revenue and Growth Rate Comparison By End Users (2015-2026)

1.2.4.2. Physician Clinics

1.2.4.3. Hospitals

1.2.4.4. Others

1.2.5. Medical Billing Outsourcing Market by Geography

1.2.5.1. Global Medical Billing Outsourcing Market Revenue and Growth Rate Comparison by Geography (2015-2026)

1.2.5.2. North America Medical Billing Outsourcing Market Revenue and Growth Rate (2015-2026)

1.2.5.3. Europe Medical Billing Outsourcing Market Revenue and Growth Rate (2015-2026)

1.2.5.4. Asia-Pacific Medical Billing Outsourcing Market Revenue and Growth Rate (2015-2026)

1.2.5.5. Latin America Medical Billing Outsourcing Market Revenue and Growth Rate (2015-2026)

1.2.5.6. Middle East and Africa (MEA) Medical Billing Outsourcing Market Revenue and Growth Rate (2015-2026)

CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS

2.1. Market Drivers

2.2. Restraints and Challenges

2.3. Growth Opportunities

2.4. Porter’s Five Forces Analysis

2.4.1. Bargaining Power of Suppliers

2.4.2. Bargaining Power of Buyers

2.4.3. Threat of Substitute

2.4.4. Threat of New Entrants

2.4.5. Degree of Competition

2.5. Value Chain Analysis

2.6. Cost Structure Analysis

2.6.1. Raw Material and Suppliers

2.6.2. Manufacturing Process Analysis

2.7. Regulatory Compliance

2.8. Competitive Landscape, 2017

2.8.1. Player Positioning Analysis

2.8.2. Key Strategies Adopted By Leading Players

CHAPTER 3. MANUFACTURING PLANTS ANALYSIS

3.1. Capacity and Hospitals Production Date of Global Medical Billing Outsourcing Major Manufacturers in 2017

3.2. Manufacturing Plants Distribution of Global Medical Billing Outsourcing Major Manufacturers in 2017

3.3. R&D Status and Technology Source of Global Medical Billing Outsourcing Major Manufacturers in 2017

3.4. Raw Materials Sources Analysis of Global Medical Billing Outsourcing Major Manufacturers in 2017

CHAPTER 4. Medical Billing Outsourcing MARKET BY COMPONENT

4.1. Global Medical Billing Outsourcing Revenue By Component

4.2. In-House

4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)

4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

4.3. Outsourced

4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)

4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 5. Medical Billing Outsourcing MARKET BY SERVICES

5.1. Global Medical Billing Outsourcing Revenue By Service

5.2. Back-End

5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)

5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

5.3. Middle-End

5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)

5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

5.4. Front-End

5.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)

5.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 6. Medical Billing Outsourcing MARKET BY END USERS

6.1. Global Medical Billing Outsourcing Revenue By End Users

6.2. Physician Clinics

6.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)

6.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

6.3. Hospitals

6.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)

6.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

6.4. Others

6.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)

6.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 7. NORTH AMERICA MEDICAL BILLING OUTSOURCING MARKET BY COUNTRY

7.1. North America Medical Billing Outsourcing Market Revenue and Growth Rate, 2015 - 2026 ($Million)

7.2. North America Medical Billing Outsourcing Market Revenue Share Comparison, 2015 & 2026 (%)

7.3. U.S.

7.3.1. U.S. Medical Billing Outsourcing Market Revenue and Forecast By Component, 2015 - 2026 ($Million)

7.3.2. Market Revenue and Forecast By Service, 2015 - 2026 ($Million)

7.3.3. Market Revenue and Forecast By End Users, 2015 - 2026 ($Million)

7.4. Canada

7.4.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)

7.4.2. Market Revenue and Forecast By Service, 2015 - 2026 ($Million)

7.4.3. Market Revenue and Forecast By End Users, 2015 - 2026 ($Million)

7.5. Mexico

7.5.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)

7.5.2. Market Revenue and Forecast By Service, 2015 - 2026 ($Million)

7.5.3. Market Revenue and Forecast By End Users, 2015 - 2026 ($Million)

CHAPTER 8. EUROPE MEDICAL BILLING OUTSOURCING MARKET BY COUNTRY

8.1. Europe Medical Billing Outsourcing Market Revenue and Growth Rate, 2015 - 2026 ($Million)

8.2. Europe Medical Billing Outsourcing Market Revenue Share Comparison, 2015 & 2026 (%)

8.3. UK

8.3.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)

8.3.2. Market Revenue and Forecast By Service, 2015 - 2026 ($Million)

8.3.3. Market Revenue and Forecast By End Users, 2015 - 2026 ($Million)

8.4. Germany

8.4.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)

8.4.2. Market Revenue and Forecast By Service, 2015 - 2026 ($Million)

8.4.3. Market Revenue and Forecast By End Users, 2015 - 2026 ($Million)

8.5. France

8.5.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)

8.5.2. Market Revenue and Forecast By Service, 2015 - 2026 ($Million)

8.5.3. Market Revenue and Forecast By End Users, 2015 - 2026 ($Million)

8.6. Spain

8.6.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)

8.6.2. Market Revenue and Forecast By Service, 2015 - 2026 ($Million)

8.6.3. Market Revenue and Forecast By End Users, 2015 - 2026 ($Million)

8.7. Rest of Europe

8.7.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)

8.7.2. Market Revenue and Forecast By Service, 2015 - 2026 ($Million)

8.7.3. Market Revenue and Forecast By End Users, 2015 - 2026 ($Million)

CHAPTER 9. ASIA-PACIFIC MEDICAL BILLING OUTSOURCING MARKET BY COUNTRY

9.1. Asia-Pacific Medical Billing Outsourcing Market Revenue and Growth Rate, 2015 - 2026 ($Million)

9.2. Asia-Pacific Medical Billing Outsourcing Market Revenue Share Comparison, 2015 & 2026 (%)

9.3. China

9.3.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)

9.3.2. Market Revenue and Forecast By Service, 2015 - 2026 ($Million)

9.3.3. Market Revenue and Forecast By End Users, 2015 - 2026 ($Million)

9.4. Japan

9.4.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)

9.4.2. Market Revenue and Forecast By Service, 2015 - 2026 ($Million)

9.4.3. Market Revenue and Forecast By End Users, 2015 - 2026 ($Million)

9.5. India

9.5.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)

9.5.2. Market Revenue and Forecast By Service, 2015 - 2026 ($Million)

9.5.3. Market Revenue and Forecast By End Users, 2015 - 2026 ($Million)

9.6. Australia

9.6.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)

9.6.2. Market Revenue and Forecast By Service, 2015 - 2026 ($Million)

9.6.3. Market Revenue and Forecast By End Users, 2015 - 2026 ($Million)

9.7. South Korea

9.7.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)

9.7.2. Market Revenue and Forecast By Service, 2015 - 2026 ($Million)

9.7.3. Market Revenue and Forecast By End Users, 2015 - 2026 ($Million)

9.8. Rest of Asia-Pacific

9.8.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)

9.8.2. Market Revenue and Forecast By Service, 2015 - 2026 ($Million)

9.8.3. Market Revenue and Forecast By End Users, 2015 - 2026 ($Million)

CHAPTER 10. LATIN AMERICA MEDICAL BILLING OUTSOURCING MARKET BY COUNTRY

10.1. Latin America Medical Billing Outsourcing Market Revenue and Growth Rate, 2015 - 2026 ($Million)

10.2. Latin America Medical Billing Outsourcing Market Revenue Share Comparison, 2015 & 2026 (%)

10.3. Brazil

10.3.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)

10.3.2. Market Revenue and Forecast By Service, 2015 - 2026 ($Million)

10.3.3. Market Revenue and Forecast By End Users, 2015 - 2026 ($Million)

10.4. Argentina

10.4.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)

10.4.2. Market Revenue and Forecast By Service, 2015 - 2026 ($Million)

10.4.3. Market Revenue and Forecast By End Users, 2015 - 2026 ($Million)

10.5. Rest of Latin America

10.5.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)

10.5.2. Market Revenue and Forecast By Service, 2015 - 2026 ($Million)

10.5.3. Market Revenue and Forecast By End Users, 2015 - 2026 ($Million)

CHAPTER 11. MIDDLE EAST MEDICAL BILLING OUTSOURCING MARKET BY COUNTRY

11.1. Middle East Medical Billing Outsourcing Market Revenue and Growth Rate, 2015 - 2026 ($Million)

11.2. Middle East Medical Billing Outsourcing Market Revenue Share Comparison, 2015 & 2026 (%)

11.3. Saudi Arabia

11.3.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)

11.3.2. Market Revenue and Forecast By Service, 2015 - 2026 ($Million)

11.3.3. Market Revenue and Forecast By End Users, 2015 - 2026 ($Million)

11.4. UAE

11.4.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)

11.4.2. Market Revenue and Forecast By Service, 2015 - 2026 ($Million)

11.4.3. Market Revenue and Forecast By End Users, 2015 - 2026 ($Million)

11.5. Rest of Middle East

11.5.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)

11.5.2. Market Revenue and Forecast By Service, 2015 - 2026 ($Million)

11.5.3. Market Revenue and Forecast By End Users, 2015 - 2026 ($Million)

CHAPTER 12. AFRICA MEDICAL BILLING OUTSOURCING MARKET BY COUNTRY

12.1. Africa Medical Billing Outsourcing Market Revenue and Growth Rate, 2015 - 2026 ($Million)

12.2. Africa Medical Billing Outsourcing Market Revenue Share Comparison, 2015 & 2026 (%)

12.3. South Africa

12.3.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)

12.3.2. Market Revenue and Forecast By Service, 2015 - 2026 ($Million)

12.3.3. Market Revenue and Forecast By End Users, 2015 - 2026 ($Million)

12.4. Egypt

12.4.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)

12.4.2. Market Revenue and Forecast By Service, 2015 - 2026 ($Million)

12.4.3. Market Revenue and Forecast By End Users, 2015 - 2026 ($Million)

12.5. Rest of Africa

12.5.1. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)

12.5.2. Market Revenue and Forecast By Service, 2015 - 2026 ($Million)

12.5.3. Market Revenue and Forecast By End Users, 2015 - 2026 ($Million)

CHAPTER 13. COMPANY PROFILE

13.1. Experian Information Solutions

13.1.1. Company Snapshot

13.1.2. Overview

13.1.3. Financial Overview

13.1.4. Type Portfolio

13.1.5. Key Developments

13.1.6. Strategies

13.2. Allscripts

13.2.1. Company Snapshot

13.2.2. Overview

13.2.3. Financial Overview

13.2.4. Type Portfolio

13.2.5. Key Developments

13.2.6. Strategies

13.3. Accretive Health

13.3.1. Company Snapshot

13.3.2. Overview

13.3.3. Financial Overview

13.3.4. Type Portfolio

13.3.5. Key Developments

13.3.6. Strategies

13.4. Cerner Corporation

13.4.1. Company Snapshot

13.4.2. Overview

13.4.3. Financial Overview

13.4.4. Type Portfolio

13.4.5. Key Developments

13.4.6. Strategies

13.5. Kareo, EClinicalWorks, Inc.

13.5.1. Company Snapshot

13.5.2. Overview

13.5.3. Financial Overview

13.5.4. Type Portfolio

13.5.5. Key Developments

13.5.6. Strategies

13.6. GE Healthcare

13.6.1. Company Snapshot

13.6.2. Overview

13.6.3. Financial Overview

13.6.4. Type Portfolio

13.6.5. Key Developments

13.6.6. Strategies

13.7. Genpact

13.7.1. Company Snapshot

13.7.2. Overview

13.7.3. Financial Overview

13.7.4. Type Portfolio

13.7.5. Key Developments

13.7.6. Strategies

13.8. HC

13.8.1. Company Snapshot

13.8.2. Overview

13.8.3. Financial Overview

13.8.4. Type Portfolio

13.8.5. Key Developments

13.8.6. Strategies

13.9. Quest Diagnostics

13.9.1. Company Snapshot

13.9.2. Overview

13.9.3. Financial Overview

13.9.4. Type Portfolio

13.9.5. Key Developments

13.9.6. Strategies

13.10. McKesson Corporation

13.10.1. Company Snapshot

13.10.2. Overview

13.10.3. Financial Overview

13.10.4. Type Portfolio

13.10.5. Key Developments

13.10.6. Strategies

13.11. The SSI Group

13.11.1. Company Snapshot

13.11.2. Overview

13.11.3. Financial Overview

13.11.4. Type Portfolio

13.11.5. Key Developments

13.11.6. Strategies

13.12. Others

13.12.1. Company Snapshot

13.12.2. Overview

13.12.3. Financial Overview

13.12.4. Type Portfolio

13.12.5. Key Developments

13.12.6. Strategies

CHAPTER 14. RESEARCH APPROACH

14.1. Research Methodology

14.1.1. Initial Data Search

14.1.2. Secondary Research

14.1.3. Primary Research

14.2. Assumptions and Scope

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