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Market.us announces publication of its most recently generated research report titled, “Global Healthcare BPO Market by service type (Healthcare Payer BPO, Healthcare Provider BPO, Healthcare Pharmaceutical BPO and Others) and by Region – Global Forecast to 2028.”, which offers a holistic view of the global healthcare BPO market through systematic segmentation that covers every aspect of the target market.The global healthcare BPO market is projected to be US$ 198.4 Mn in 2019 to reach US$ 498.4 Mn by 2028 at a CAGR of 9.7%.
Over the past few years, biotechnology, biopharma and pharmaceutical industries have been transforming by the growth of biopharma outsourced services (BPOs). These services have now become vital for the beginning of the journey of drug to the market. The BPOS industries are considered to be growing with twice the growth rate than that of the Bio/Pharma industries.
Increasing healthcare expenditure and growing dependence on technology in healthcare IT sector is expected to boost the market. Increasing outsourcing of healthcare services is expected to fuel growth of the target market. However, there are many hidden costs in the outsourcing which is expected to hinder growth of the target market.
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Global healthcare BPO market is segmented on the basis on service type and region. On the basis of service type, the market is segmented into Healthcare Payer BPO, Healthcare Provider BPO, Healthcare Pharmaceutical BPO and Others. The Healthcare Pharmaceutical BPO segment accounts for the majority share in the global healthcare BPO market, while healthcare provider BPO is expected to register the highest growth rate over the forecast period.
On the basis of region, the market is segmented into United States, Europe, China, Japan, Southeast Asia, and India. The United States accounts for the majority share in the global healthcare BPO market. Emerging economies such as China, Southeast Asia and India are expected to register the highest growth rate over the forecast period. Countries and regions such as Japan and Europe are expected to register stable growth over the forecast period.
The research report on the global healthcare BPO market includes profiles of some of major companies such as IQVIA Holdings Inc., HCL Technologies Ltd., Cognizant Technology Solutions Corp, Covance Inc., Accenture plc, Lonza Group Ltd.., Genpact Ltd. and Catalent Inc.
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Key Market Segments
Type
Healthcare Payer BPO
Healthcare Provider BPO
Healthcare Pharmaceutical BPO
Application
Application 1
Application 2
Key Market Players included in the report:
IQVIA Holdings Inc.
HCL Technologies Ltd.
Cognizant Technology Solutions Corp
Covance Inc.
Accenture plc
Lonza Group Ltd.
Genpact Ltd. and Catalent
Region
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
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For the Healthcare BPO Market research study, the following years have been considered to estimate the market size:
Historic Year: 2012 to 2017
Estimated Year: 2018
Forecast Year: 2018 to 2028
Finally, the healthcare BPO market provides a total research decision and also sector feasibility of investment in new projects will be assessed. International healthcare BPO industry is a source of means and guidance for organizations and individuals interested in their market earnings.
Contact Info:
Name: Mr. Benni Johnson
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Organization: Market.us
Address: 420 Lexington Avenue Suite 300 New York City, NY 10170.
Phone: 7186184351
Website: https://market.us
Release ID: 88928832
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