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Asia Payer Payroll Market

  • Report Code: PA 1002
  • Publish Date: 18 Dec 2014
  • Next Update Date: 18 Mar 2015
  
Description
Table of Contents
Customer Intelligence

Payer payroll systems have replaced traditional accounting techniques in most of the countries of Asia as the more advanced and efficient accounting and recording approach in the healthcare sector. These systems enable the storage of large amounts of data and minimize human efforts in paperwork, maintenance of records, and follow-up. The need for payroll systems in Asia has increased considerably in recent years due to the increasing number of hospitals and other healthcare facilities in the region.

 

In 2013, the Asian payer payroll market segment held a share of 12.51% in the global market. The Asian market is projected to grow at a CAGR of 6.2% from 2013 to 2018. It is one of the fastest-growing segments in the global payer payroll market, mainly owing to advancements in the healthcare IT sectors in Japan and India. Japan was observed to be the largest contributor in the Asian market, having accounted for a share of 35.19% in 2013, followed by India with a market share of 30.27%. The Indian market for payer payroll systems is expected to be the fastest-growing segment, when compared to other countries in the Asian market.

 

In Asia, there is a rising need to integrate different healthcare systems in the healthcare sector, especially in India. Consumers, equipment manufacturers, and stakeholders are gaining more awareness regarding the efficiency and other benefits provided by implementing sound IT infrastructure in various healthcare facilities in the region. In addition, a high return on investment (ROI) has been observed for investments in the healthcare IT infrastructure, services, and solutions. All these factors result in high investments to develop the healthcare IT sector in Asia; also, there is a rise in the demand for healthcare IT systems, owing to an increase in the number of medical care delivery facilities in the region. Hospitals and office-based physicians are the main consumers of payer payroll systems, having respectively accounted for shares of 32.3% and 27.9% in the Asian payer payroll market. The hospitals segment is projected to grow at a CAGR of 6.5% during the given forecast period. Some of the major companies in the market include Oracle Corporation (U.S.), Cerner Corporation (U.S.), and Avaya, Inc. (U.S.), among others.

 

The Asian payer payroll market report delivers observations and inferences on the valuations of various segments of the concerned market. The Asian market has been segmented in terms of components, deployments, products, end-users, and major countries in the region. The major countries that have been considered for this analysis include Japan, China, and India, among others. The consumers or end-users of the market include emergency healthcare providers, office-based physicians, nurses, and hospitals. The deployment models of payer payroll systems considered in the report are cloud-based, on-premise, and web-based. On the basis of components, the market has been segmented into hardware, services, and software. The main products of this market are integrated healthcare payer IT payroll and standalone healthcare payer IT payroll. The report also provides insights into the competitive landscape of the Asian market and also provides a strategic profiling of the key players in the Asian payer payroll market.



1 Introduction
1.1 Introduce the Market
1.2 Objective of the study
1.3 Market Definition and Scope of the study
1.3.1 Market Definition
1.3.2 Areas covered
1.3.3 Markets Covered
1.4 Stakeholders
1.5 Research Methodology
1.5.1 Secondary sources
1.5.2 Primary Sources
1.5.3 Market estimation methodology (Top-down, bottom-up, data triangulation.)
1.5.4 Macro indicators for the study
1.6 Assumptions
1.7 List of Acronyms
2 Market Overview
3 Payer Payroll-Asia, By Geographies
3.1 Payer Payroll-Asia - Japan
3.2 Payer Payroll-China
3.3 Payer Payroll-India
3.4 Payer Payroll-Asia - Other Geographies
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