Healthcare Outsourcing Market By Materials, By Product, By Preparation Method, By Application and By Geography Analysis - Forecast 2019 - 2024 www.industryarc.com
Healthcare Outsourcing Market 2019-2024
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Press Release The Report “Healthcare Outsourcing Market: By Services (Payer, Claims processing, Claims adjudication, Mailroom services, Provider, Pharmaceuticals and Others); By Geography- Forecast (2016-2021)”, published by IndustryARC. Browse 8 Market Tables, 65 Figures spread through 241 Slides and an in-depth TOC on “Healthcare Outsourcing” http://industryarc.com/Report/1279/Healthcare-Outsourcing-Market-Analysis-Report.html Healthcare centers such as hospitals have been outsourcing various ancillary tasks globally. Outsourcing enables hospitals to focus on their core task of providing efficient healthcare services. Wide range of outsourcing vendors are available in the market that can provide specialized services which can affect the entire bottom-line of the hospitals. The healthcare industry has been considered to be resistant to the outsourcing services as compared to other industries. This is due to many factors including environment, culture, regulatory/compliance requirements and other risk related issues. However, the healthcare provider sector has slowly started incorporating outsourcing services as compared to healthcare’s payer and supplier sectors. Healthcare delivery has become increasingly data driven. The growing ability of the BPO vendors to discover hidden patterns and unknown correlations in data using big data / analytics is fueling the growth in payer BPO market. The growth in the US health care provider outsourcing market is primarily driven by ICD-10 conversion reform and the shortage of medical coders in the US. Moreover, growing health consciousness and chronic diseases such as asthma, diabetes, emphysema, chronic bronchitis, congestive heart disease, cirrhosis of the liver, hypertension and depression are increasing the demand for significant development in the healthcare and healthcare services globally. The market in 2015 was $176.15 billion and is dominated by Americas. APAC as well as RoW is poised to exhibit the fastest growth due to favorable microeconomic conditions like government regulations and financial conditions such as increasing FDI investments. By 2021, the global healthcare outsourcing market revenue for pharma outsourcing in clinical is expected to reach $130.64 billion with growth of 4.3% CAGR in forecast period. This market is all set to experience a booming trend owing to its growing usage in various end-users such as hospitals, clinics, R&D labs and more. Healthcare provider segment also held a considerable share of 30.4% which accounted for $53.5 billion in 2015 and is anticipated to grow with 3.2% till 2021. U.S. is the largest healthcare spending nation globally which makes it a dominant country for healthcare outsourcing. The number of service providers across the world for healthcare outsourcing has increased manifold. Some of the major players of this market are McKesson Group, Accenture, TCS, Cognizant and many others. Globalization, need for cost reduction and socio-economic trends are the major drivers for increased healthcare outsourcing in the country The healthcare outsourcing in healthcare database solution market is characterized by large number of companies but top three companies pertaining to it account for more than 45% market share due to the wide service network and brand reputation. Expanding collaborations and partnerships across industries for providing efficient healthcare services along with the growth in demand, adoption of new technologies in emerging economies such as China, Thailand and India provides a strong impetus to the market growth. Innovation is a key driver for this segment. Within the healthcare outsourcing service industry, the threat of new entrants is very tight. The healthcare outsourcing market report is a comprehensive study of the market for different types, applications and geography. Following key players were also covered as part of the market landscape analysis:
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Accenture McKesson Group CGI Federal TCS Cognizant Dell Wipro Optum Emdeon Business Services LLC The market has also been analyzed for four geographic regions which include Americas, APAC, Europe and Rest of the World.
Browse Related Reports: Medical Outsourcing Market Analysis:By Services (Payer, Provider, Pharmaceutical, Pathology, Information Technology); By End Users (Hospitals, Pharma Laboratories, Clinics) Forecast (2016-2021) http://www.industryarc.com/Report/4338/Medical-Outsourcing-Market-Research-Report.html
Healthcare Transportation Services Market Analysis:By Medical Transportation Type (Incubator, Pharmaceuticals, Mobile Treatment, Patient Transport); By Non-Medical (Repatriation Services, Courier, Mailroom Services) - Forecast (2015 - 2020). http://industryarc.com/Report/5341/Healthcare-Transportation-Services-Market-ResearchReport.html
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Table of Contents 1. Healthcare Outsourcing – Market Overview 2. Executive Summary 3. Healthcare Outsourcing – Market Landscape 3.1. Market Share Analysis 3.2. Patent Analysis 3.3. Comparative Analysis 3.3.1. Competitive Benchmarking 3.3.2. Top 5 Financials Analysis 4. Healthcare Outsourcing – Market Forces 4.1. Market Drivers 4.1.1. Many new multi-specialty hospitals chains have come up, which are driving the need for outsourcing 4.1.2. Services related to care management and healthcare plan development, channel management and risk assessment among others are in demand 4.1.3. Demand from other regions in APAC and Europe who are also looking out for outsourcing vendors 4.1.4. Hospitals have started to use third party services for interpretation of imaging results or transcription of physician's case notes 4.1.5. Need for structures process and better medical record management 4.1.6. Outsourcing drug development and clinical trials, enables companies to focus on core capabilities 4.2. Market Constraints and Challenges 4.2.1. The provider market is very fragmented with very few hospital chains having the scale to turn to outsourcing 4.2.2. Specialist hospital management companies to compete with BPO companies 4.2.3. Lack of adequate infrastructure for pre-clinical studies 4.2.4. IPR protection apprehensions while outsourcing 4.2.5. Availability of skilled labor while outsourcing medical imaging or similar services 4.3. Attractiveness of the Healthcare Outsourcing Industry 4.3.1. Power of Suppliers 4.3.2. Power of Customers 4.3.3. Threat of New entrants 4.3.4. Threat of Substitution 4.3.5. Degree of Competition 5. Healthcare Outsourcing Market – Strategic Analysis 5.1. Value Chain Analysis 5.2. Pricing Analysis 5.3. Product/Market Life Cycle Analysis 5.4. Opportunities Analysis 5.5. Suppliers and Distributors 6. Healthcare Outsourcing Market: By Type of Services 6.1. Payer Outsourcing 6.1.1. Claims Processing 6.1.2. Claims adjudication 6.2. Healthcare Operations Outsourcing 6.2.1. Recombinant Peptides Others 6.2.2. Mailroom services 6.2.3. HR Services 6.2.4. Customer Care Services
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6.2.5. Others 6.3. Healthcare Provider 6.3.1. Member Enrolment 6.3.2. Physician Enrolment 6.3.3. Medical Billing 6.3.4. Medical Coding 6.3.5. Medical Transcription 6.3.6. Finance & Accounts 6.3.7. Others 6.4. Pharma Outsourcing (Clinical) 6.4.1. Drug Discovery and Development 6.4.2. Pre-Clinical Testing 6.4.3. Clinical Trial 6.4.4. Analytical Testing 6.4.5. API Development 6.4.6. Formulation & Packaging 6.4.7. Others 6.5. Pharma Outsourcing (Non-Clinical) 6.5.1. SCM & Logistics 6.5.2. Sales & Marketing 6.5.3. Others 6.6. Pathology and Lab Outsourcing 6.6.1. Records Maintenance 6.6.2. Quality Control Service 6.6.3. SCM & Logistics 6.6.4. Others 7. Healthcare Outsourcing Market – By Technology 7.1. Monoclonal Antibodies Technology 7.2. Recombinant DNA Technology 7.3. Chromatography 7.4. Nuclear Magnetic Resonance Technology 7.5. Electrophoresis 7.6. Mass Spectrometry 7.7. Western Blotting 7.8. Bioassay 8. Healthcare Outsourcing Market -Geographic Analysis 8.1. Americas 8.1.1. US 8.1.2. Canada 8.1.3. Mexico 8.1.4. Latin America 8.1.5. Others 8.2. Europe 8.2.1. UK 8.2.2. France 8.2.3. Germany 8.2.4. Italy 8.2.5. Others 8.3. APAC 8.3.1. China 8.3.2. Japan 8.3.3. India 8.3.4. South Korea 8.3.5. Others 8.4. ROW 9. Investment Opportunities Analysis 10. Market Entropy 10.1. New Product Launches
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10.2. M&As, Collaborations, JVs and Partnerships 11. Company Profiles 11.1. Firstsource Solutions Ltd 11.2. Accretive Health 11.3. ICON plc 11.4. Patheon Inc 11.5. Hexaware Technologies Ltd 11.6. IBM Corporation 11.7. IDS Infotech Ltd 11.8. Infosys Limited 11.9. Omega Healthcare 11.10. WNS Global Services Ltd. 11.11. Sun Knowledge Limited 11.12. Tata Consultancy Services Limited 11.13. Tech Mahindra Limited 11.14. Wipro Limited 11.15. Siemens AG Company 11.16. Cognizant Technology Solutions 11.17. inVentiv Health, Inc. 11.18. Boehringer Ingelheim GmbH 11.19. CAPGEMINI GROUP. 11.20. Accenture LLP 11.21. QUINTILES, INC 11.22. GeBBs Healthcare Solutions, Inc *More than 10 Companies are profiled in this Research Report* "*Financials would be provided on a best efforts basis for private companies" 12. Appendix 12.1. Abbreviations 12.2. Sources 12.3. Research Methodology 12.4. Bibliography 12.5. Compilation of Expert Insights 12.6. Disclaimer
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