Medical Billing Market Size, Trends & Growth Opportunity By Service Type (Front End, and Back End), By Application (Database Management, Infrastructure, Operational, and Financial), By End User (Hospitals & Clinics, Physician Offices, and Others), By Region and Forecast till 2027
Report ID : QR10018 | Industries : Healthcare | Published On :October 2021 | Page Count : 240Global Medical Billing Market
Medical billing is the receiving payments, submitting bills, and follow up for payment. Medical billing receives payment for services like treatments, testing, and procedures. Rise in expenditure in healthcare sector, use of internet, and rise in need for compliance and risk management as well as digitalization in healthcare industry will fuel the global medical billing market growth.
Global Medical Billing Market Drivers
Increase in need for error minimization and in house processing cost reduction is expected to boost the global medical billing market growth. Medical billing is helpful in the equipment cost saving and software and reduces staff size and employee expenses, which rises the demand for medical billing market, in near future. Rise in spending on the healthcare sector will drive the medical billing market growth. Furthermore, change in rules and regulations and federal mandate to record-keeping are expected to propel the growth of global medical billing market, during this forecast period.
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Global Medical Billing Market Restraints
However, disparate regulatory landscape is the restraining factor which is expected to hinder the growth of global medical billing market. Also, security concern will affect the growth of global medical billing market.
Global Medical Billing Market Segmentation
Global Medical Billing Market is segmented into Service type such as Front End, and Back End, by application such as Database Management, Infrastructure, Operational, and Financial. Further, Global Medical Billing Market is segmented into end user such as Hospitals & Clinics, Physician Offices, and Others.
Also, Global Medical Billing Market is segmented into five regions such as North America, Latin America, Europe, and Middle East & Africa.
Global Medical Billing Market Key Players
Various key players are discussed in this report such as Accenture, AGS Health, Cognizant Technology Solutions, HCL Technologies, GeBBS Healthcare, Vee Technologies, R1 RCM Inc, Cerner Corporation, McKesson Corporation, Baruch Business Solution, and INFINIT Healthcare.
Global Medical Billing Market Taxonomy
By Service
- Front End
- Back End
By Application
- Database Management
- Infrastructure
- Operational
- Financial
By End User
- Hospitals & Clinics
- Physician Offices
- Others
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
Key Questions Addressed by the Report
- What are the Key Opportunities in Medical Billing Market?
- What will be the growth rate from 2019 to 2027?
- Which segment/region will have highest growth?
- What are the factors that will impact/drive the Market?
- What is the competitive Landscape in the Industry?
- What is the role of key players in the value chain?
- What are the strategies adopted by key players?
Global Medical Billing Market TOC
1. Executive Summary
1.1. Market Taxonomy
2. Global Medical Billing Market Demand (in Value or Size in US$ Mn) Analysis and Forecast
3. Market Background
3.1. Forecast Factor
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Challenges
3.2.3. Trends
4. Global Medical Billing Market Snapshot
5. Global Medical Billing Market Analysis, By Service
5.1. Y-o-Y Growth Comparison, By Service
5.2. Global Medical Billing Market Share Analysis, By Service
5.3. Global Medical Billing Market Size and Forecast, By Service
5.3.1 HR Services
5.3.2 Care Management
5.3.3 Member Management Service
5.3.4 Product Development and Business Acquisition Services
5.3.5 Provider Management Services
5.3.6 Billing and Account Management Services
5.3.7 Claims Management Services
6. Global Medical Billing Market Analysis, By Application
6.1. Y-o-Y Growth Comparison, By Application
6.2. Global Medical Billing Market Share Analysis, By Application
6.3. Global Medical Billing Market Size and Forecast, By Application
6.3.1 Patient Enrollment
6.3.2 Patient Care
6.3.3 Revenue Cycle Management
7. Global Medical Billing Market Analysis, By End User
7.1. Y-o-Y Growth Comparison, By End User
7.2. Global Medical Billing Market Share Analysis, By End User
7.3. Global Medical Billing Market Size and Forecast, By End User
7.3.1 Research & Development Activities
7.3.2 Manufacturing, Sales, & Management Activities
7.3.3 Supply Chain Management & Logistics
7.3.4 Others
8. Global Medical Billing Market Analysis, By Region
8.1. Y-o-Y Growth Comparison, By Region
8.2. Global Medical Billing Market Share Analysis, By Region
9. North America Medical Billing Market Analysis and Forecast (2017-2027)
9.1 Introduction
9.2 North America Medical Billing Market Analysis, By Service
9.3 North America Medical Billing Market Analysis, By Application
9.4 North America Medical Billing Market Analysis, By End User
9.5 North America Medical Billing Market Analysis, By Country
9.5.1USA
9.5.2 Canada
9.5.3 Mexico
10. Europe Medical Billing Market Analysis and Forecast (2017-2027)
10.1 Introduction
10.2 Europe Medical Billing Market Analysis, By Service
10.3 Europe Medical Billing Market Analysis, By Application
10.4 Europe Medical Billing Market Analysis, By End User
10.5 Europe Medical Billing Market Analysis, By Country
10.5 .1Germany
10.5 .2 France
10.5 .3 UK
10.5 .4 Rest of Europe
11. Asia Pacific Medical Billing Market Analysis and Forecast (2017-2027)
11.1 Introduction
11.2 Asia Pacific Medical Billing Market Analysis, By Service
11.3Asia Pacific Medical Billing Market Analysis, By Application
11.3Asia Pacific Medical Billing Market Analysis, By End User
11.4 Asia Pacific Medical Billing Market Analysis, By Country
11.4.1China
11.4.2 India
11.4.3 Japan
11.4.4 Rest of Asia Pacific
12. Latin America Medical Billing Market Analysis and Forecast (2017-2027)
12.1 Introduction
12.2 Latin America Medical Billing Market Analysis, By Service
12.3Latin America Medical Billing Market Analysis, By Application
12.4Latin America Medical Billing Market Analysis, By End User
13. Middle East & Africa Medical Billing Market Analysis and Forecast (2017-2027)
13.1 Introduction
13.2 Middle East & Africa Medical Billing Market Analysis, By Service
13.3Middle East & Africa Medical Billing Market Analysis, By Application
13.4Middle East & Africa Medical Billing Market Analysis, By End User
14. Competition Analysis
14.1 Competition Dashboard
14.2Market Share Analysis of Top Vendors
14.3 Key Development Strategies
15. Company Profiles
15.1 Accenture
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financial
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 AGS Health
15.3 Cognizant Technology Solutions
15.4 HCL Technologies
15.5 GeBBS Healthcare
15.6 Vee Technologies
15.7 R1 RCM Inc
15.8 Cerner Corporation
15.9 McKesson Corporation
15.10 Baruch Business Solution
15.11 INFINIT Healthcare