The global Healthcare Fraud Analytics Market report covers the analysis of drivers, trends, limitations, restraints, and challenges arising in the Healthcare Fraud Analytics Market. The report also discusses the impact of various other market factors affecting the growth of the market across various segments and regions. The report segments the market on the basis of types, applications, and regions to impart a better understanding of the Healthcare Fraud Analytics Market.
The market for healthcare fraud analytics was valued at USD 1.53 billion in 2021 and is anticipated to grow at a rate of 26.7% over the following five years. Major drivers influencing market revenue growth include rising consumer preference for telemedicine consultations, an increase in the number of patients who need health insurance, improved investment returns, and a rise in the percentage of fraudulent pharmacy claims and medical insurance claims.
Additionally, a sizable number of instances of health insurance claim fraud worldwide is another driver boosting market revenue growth throughout the course of the projection year. The healthcare and medical insurance businesses are also more likely to experience fraud, which is by its very nature secretive and challenging to detect. The percentage of healthcare fraud that has been uncovered, which is rising yearly, according to the European Healthcare Fraud and Corruption Network Therefore, preventive big data analytics for reducing healthcare fraud is an emerging field of healthcare management that is propelling the expansion of this market.
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Competitive Landscape:
Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.
Some of the key participants in this industry include:
Wipro Limited, DXC Technology Co, FraudScope, Inc., SAS Institute, Pondera Solutions, LLC, Conduent Inc., HCL Technologies Limited, EXLService Holdings, Inc., CGI Inc., International Business Machines Corporation (IBM)
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Market Taxonomy:
Chapter 1: Methodology & Scope
- Definition and forecast parameters
- Methodology and forecast parameters
- Data Sources
Chapter 2:
Executive Summary
- Business trends
- Regional trends
- Product trends
- End-use trends
Chapter 3:
Industry Insights
- Industry segmentation
- Industry landscape
- Vendor matrix
- Technological and innovation landscape
Chapter 4:
Regional Landscape
Chapter 5:
Company Profile
- Business Overview
- Financial Data
- Product Landscape
- Strategic Outlook
The global Healthcare Fraud Analytics market report covers the analysis of drivers, trends, limitations, restraints, and challenges arising in the Healthcare Fraud Analytics market. The report also discusses the impact of various other market factors affecting the growth of the market across various segments and regions. The report segments the market on the basis of types, applications, and regions to impart a better understanding of the Healthcare Fraud Analytics market.
Segments Covered in this report are:
-
Deployment Outlook (Revenue, USD Billion; 2017–2027)
- Cloud-based
- On-premises
-
Application Outlook (Revenue, USD Billion; 2017–2027)
- Payment Integrity
- Insurance Claim
-
Solution Outlook (Revenue, USD Billion; 2017–2027)
- Predictive Analytics
- Descriptive Analytics
- Prescriptive Analytics
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Global Healthcare Fraud Analytics Market Geographical Landscape - Synopsis:
The report closely studies the growth trajectory of the global Healthcare Fraud Analytics market. It brings to light the global dominance of the leading regional segments, including North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.
The study elaborates on the crucial information pertaining to the regional market share. It simultaneously focuses on the significant details about the growth patterns of each regional market.
Moreover, the report encases an exhaustive geographical study of the market, emphasizing the business growth prospects and market barriers for each of the key market regions.
Additional information offered by the report:
Along with a complete overview of the global Healthcare Fraud Analytics market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
The report elaborates on the global Healthcare Fraud Analytics market size and share governed by the major geographies.
It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
It further presents a detailed description of the company profiles of the key market contenders.
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