The report entails an organized database of the Healthcare Fraud Analytics Market dynamics that helps market analysts estimate the global market growth rate over the projected timeline. Therefore, the report, published by Emergen Research, is a detail-oriented compilation of the crucial aspects of the Healthcare Fraud Analytics Market, including the key players’ product offerings, the wide application range of these products, the major market segments, leading market contenders, their company profiles, pricing strategies, production capacities, revenue generation schemes, technological advancements, and many others
The global healthcare fraud analytics market is projected to reach value of USD 6.65 Billion by 2027, according to a current analysis by Emergen Research. The global market of healthcare fraud analytics is likely to expand significantly during the forecast period. Significant market growth is attributable to the growing number of fraud incidents in health insurance across the world. Furthermore, the expanding industry for healthcare insurance is also anticipated to drive the healthcare fraud analytics market during the forecast period. Moreover, rising government spending on the healthcare ecosystem to prevent fraudulent activities is also expected to boost the global market during the forecast period.
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Key Highlights of Report
- In September 2020, DWS Ltd acquired HCL Technologies Limited. The acquisition would extend HCL Technologies’ offerings in New Zealand and Australia.
- The on-premises segment is expected to lead the market during the forecast period. Solutions are offered in-house and in an on-premise scenario within an institution's IT infrastructure. Management of these solutions and all relevant activities is the company’s responsibility.
- During the forecast period, the insurance claims segment is anticipated to lead the market. The segment is expected to be driven by rise in the number of individuals requiring medical insurance, increase in the incidence of fraud claims, and increase in the adoption of the pre-payment assessment process.
Key market participants include:
Wipro Limited, DXC Technology Co, FraudScope, Inc., SAS Institute, Pondera Solutions, LLC, Conduent Inc., HCL Technologies Limited, ExlService Holdings, Inc., CGI Inc., and International Business Machines Corporation (IBM)
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The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry. It also covers strategies adopted by prominent players such as mergers and acquisitions, collaborations, joint ventures, product launches, and brand promotions, among others. The report aims to offer the readers a holistic understanding of the relevant features of the industry.
Furthermore, the report provides a comprehensive overview of the Healthcare Fraud Analytics Market along with product portfolio and market performance. The report offers key insights into market share, supply chain analysis, demand and supply ratio, import/export details, and product and consumption patterns. To gain a better understanding, the report is further segmented into sections such as product types offered by the market, application spectrum, companies, and key geographical regions where the market has established its presence.
Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Healthcare Fraud Analytics Market Expected to boost the growth of the industry in the coming years.
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Emergen Research has segmented the global healthcare fraud analytics market on the basis of deployment, application, solution, and region.
Deployment Outlook (Revenue, USD Billion; 2017–2027)
Application Outlook (Revenue, USD Billion; 2017–2027)
- Payment Integrity
- Insurance Claim
Solution Outlook (Revenue, USD Billion; 2017–2027)
- Predictive Analytics
- Descriptive Analytics
- Prescriptive Analytics
Regional Outlook (Revenue, USD Billion; 2017–2027)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- Rest of MEA
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Key Questions Answered in the Report:
What is the growth rate of the Healthcare Fraud Analytics Market?
What is the anticipated market valuation of Healthcare Fraud Analytics Market industry by 2027?
What are the key growth driving and restraining factors of the Healthcare Fraud Analytics Market?
Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
What are the key opportunities and growth prospects of the Healthcare Fraud Analytics Market industry over the forecast period?
Which region is expected to show significant growth in the coming years?
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