North American Payer IT Outsourcing Market Research Report
- Report Code: PA 1001
- Publish Date: Upcoming
The North American payer IT outsourcing market is mainly driven by outsourcing standard transactional services like electronic data interchange (EDI) gateway services, production maintenance services, and trading partner management services. Thus, the payers can achieve better data quality, reduction in pending claims, and speed up the turnaround time on claims processing. It was valued at $5814.4 million in 2013, and expected to reach $8059.0 million by 2018, at a CAGR of 6.7% from 2013 to 2018.
The report ‘The North American Payer IT outsourcing Market forecast, 2012-2018’ analyzes the market for payer IT outsourcing. It is segmented on the basis of application into categories including customer relation management (CRM), claim management, billing system, and fraud and detection. Customer relation management (CRM) accounted for the largest share of 35% of the overall payer IT outsourcing market in 2013 with $2.8 billion, and is expected reach $3.8 billion by 2018, at a CAGR of 6.7% from 2013 to 2018. Claim management is expected to be the fastest-growing market due to the increasing number of insurance, which causes an increase in claim processing activities.
North America is the global leader in the payer IT outsourcing market, and accounted for the largest share of 74% in the overall payer IT outsourcing market, followed by Europe and Asia, due to the increased adoption of claims management and CRM by the payer industry. The increase in the number of insurance enrollments will increase the customer base for insurance companies.
The major drivers of the market are the growing need to reduce maintenance and service cost, growing adoption of Payer IT outsourcing market, and the outsourcing of fraud detection systems to recover funds from fraudulently filed claims.
The report also provides an extensive competitive landscaping of companies operating in the payer IT outsourcing market include Accenture Plc. (Ireland), Accretive Health Inc. (U.S.), Cognizant Technology solutions (U.S.), Dell, Inc. (U.S.)International Business Machines (IBM) corporation (U.S.), HCL technologies (India), Infosys Limited (India), McKesson Corporation (U.S.), Siemens Payer (Germany) , Tata consultancy, Ltd. (India), Wipro Ltd.( India), and Xerox Corporation.
Segment and country specific company shares, news & deals, mergers and acquisitions, segment specific pipeline products, product approvals, and product recalls of the major companies have been detailed in this report.
Customization Options
Along with the market data, you can also customize MMM assessments that meet your company’s specific needs. Customize to get comprehensive industry standard and deep dive analysis of the following parameters:
Product Analysis
- Usage pattern (in-depth trend analysis) of products (segment wise)
- Product matrix which gives a detailed comparison of product portfolio of each company mapped at country and sub-segment level
- End-user adoption rate analysis of the products (segment wise and country wise)
- Comprehensive coverage of product approvals, pipeline products, and product recalls
Procedure Volume Data
- Number of software installed
- End-users
Surgeons / Physicians Perception analysis
- Fast turn-around analysis of surgeons’ response to market events and trends
- Pattern analysis of usage of payer IT outsourcing applications by physicians
- Surgeons’ opinion about products from different companies
Brand/Product Perception Matrix
- Comprehensive study of customers perception and behavior through our inbuilt social connect tool checking the vitality and tonality of blogs
- Analysis of overall brand usage and familiarity and brand advocacy distribution (detractor/neutral/familiar)
Competitive Intelligence
- The company share analysis of payer IT outsourcing market in the North American region
- The crucial developments and strategies of companies inculcated in their portfolio
1 Introduction
1.1 Objective of the study
1.2 Market Definitions
1.3 Market Segmentation & Aspects Covered
1.4 Research Methodology
1.4.1 Assumptions (Market Size, Forecast, etc)
2 Executive Summary
3 Market Overview
4 Payer IT Outsourcing-North America, By Applications
4.1 Payer IT Outsourcing-Customer Relationship Management (HCIT)-North America
4.2 Payer IT Outsourcing-Fraud Detection-North America
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North American Healthcare IT outsourcing The North American Healthcare IT outsourcing, was pegged at $25107.5 million in 2013 and expected to be $36213.8 million by 2018, growing at a CAGR of 7.6% from 2013 to 2018. Healthcare IT outsourcing market segmentation for Healthcare IT outsourcing by application is broadly categorized into Provider IT, Payer IT, Life sciences IT, Operational IT, Infrastructure IT, and others. The major companies operating in Healthcare IT outsourcing, market and extensively covered in the report are Accenture Plc (Ireland), Accretive Health Inc. (U.S.), Cognizant Technology solutions (U.S.), Dell, Inc. (U.S.)International Business Machines (IBM) corporation (U.S.), HCL technologies (India), Infosys Limited (India), McKesson Corporation (U.S.), Siemens Healthcare (Germany) , Tata consultancy, Ltd (India), Wipro Ltd.( India), and Xerox corporation among others |
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European Healthcare IT outsourcing The European Healthcare IT outsourcing, was pegged at $5346.7 million in 2013 and expected to be $7580.7 million by 2018, growing at a CAGR of 7.2% from 2013 to 2018. Healthcare IT outsourcing market segmentation for Healthcare IT outsourcing by application is broadly categorized into Provider IT, Payer IT, Life sciences IT, Operational IT, Infrastructure IT, and others. The major companies operating in Healthcare IT outsourcing, market and extensively covered in the report are Accenture Plc (Ireland), Accretive Health Inc. (U.S.), Cognizant Technology solutions (U.S.), Dell, Inc. (U.S.)International Business Machines (IBM) corporation (U.S.), HCL technologies (India), Infosys Limited (India), McKesson Corporation (U.S.), Siemens Healthcare (Germany) , Tata consultancy, Ltd (India), Wipro Ltd.( India), and Xerox corporation among others |
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Asian Healthcare IT outsourcing The Asian Healthcare IT outsourcing, was pegged at $2925.0 million in 2013 and expected to be $4323.9 million by 2018, growing at a CAGR of 8.1% from 2013 to 2018. Healthcare IT outsourcing market segmentation for Healthcare IT outsourcing by application is broadly categorized into Provider IT, Payer IT, Life sciences IT, Operational IT, Infrastructure IT, and others. The major companies operating in Healthcare IT outsourcing, market and extensively covered in the report are Accenture Plc (Ireland), Accretive Health Inc. (U.S.), Cognizant Technology solutions (U.S.), Dell, Inc. (U.S.)International Business Machines (IBM) corporation (U.S.), HCL technologies (India), Infosys Limited (India), McKesson Corporation (U.S.), Siemens Healthcare (Germany) , Tata consultancy, Ltd (India), Wipro Ltd.( India), and Xerox corporation among others |
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