Global Healthcare Fraud Analytics Market Will Attain A CAGR Of Over 28.5% During The Forecast Period

Zion Market Research has published a new report titled “Global Healthcare Fraud Analytics Market – By Solution Type (Descriptive Analytics, Predictive Analytics, and Prescriptive Analytics), By Delivery Model (On-Premise and On-Demand), By Component (Services and Software), By Application (Insurance Claims Review, Pharmacy Billing Misuse, Payment Integrity, and Others), By End-User (Private Insurance Payers, Public & Government Agencies, Third-Party Service Providers, and Employers), and By Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2025.” According to the report, global demand for the Healthcare Fraud Analytics market was valued over USD 1 Billion in 2019 and is expected to reach a CAGR of 29.10% between 2019 and 2025.

Browse the full “Global Healthcare Fraud Analytics Market – By Solution Type (Descriptive Analytics, Predictive Analytics, and Prescriptive Analytics), By Delivery Model (On-premise and On-Demand), By Component (Services and Software), By Application (Insurance Claims Review, Pharmacy Billing Misuse, Payment Integrity, and Others), By End-User (Private Insurance Payers, Public & Government Agencies, Third-Party Service Providers, and Employers), and By Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2025.” Report at https://www.zionmarketresearch.com/report/healthcare-fraud-analytics-market

Descriptive analytics category is estimated to hold the majority of the share of the Healthcare Fraud Analytics market

Descriptive analytics category is expected to hold the largest share of the global Healthcare Fraud Analytics market during the forecast timeline. The reason for dominance is its role in forming the base for the promising application of predictive or prescriptive analytics.

By application, the insurance claims review segment accounted for the largest share of the market in 2019

The insurance claims review category is estimated to dominate the Healthcare Fraud Analytics market during the forecast timeframe. The mounting number of patients looking for health insurance and the rising number of fraudulent claims are helping the insurance claims review dominate the global Healthcare Fraud Analytics market. In addition to this, the growing acceptance of the prepayment review model will supplement the growth of this category in the upcoming years.

North America is expected to dominate the Healthcare Fraud Analytics market during the forecast period

North America is anticipated to hold the majority of the market share during the forecast period. The dominance of the North American market is basically due to the increasing number of people opting for health insurance, rising healthcare fraud, and also supportive government anti-fraud initiatives. Additionally, the pressure to lower healthcare costs, technological innovations, and the increasing availability of product and service in this region is expected to augment the market growth. Moreover, the presence of headquarters of many of the leading players in the Healthcare Fraud Analytics market in North America will aid in market growth.

Key Market players

Some of the key players of the global Healthcare Fraud Analytics market include Optum, EXL Service Holdings, SAS Institute, IBM Corporation, DXC Technology Company, Change Healthcare, Cotiviti, Conduent, HCL, Wipro Limited, LexisNexis Group, Canadian Global Information Technology Group, Northrop Grumman Corporation, and Pondera Solutions.

The report on the global Healthcare Fraud Analytics market is segmented into:

Global Healthcare Fraud Analytics Market: By Solution Type Segmentation Analysis

• Descriptive Analytics
• Predictive Analytics
• Prescriptive Analytics

Global Healthcare Fraud Analytics Market: By Delivery Model Segmentation Analysis

• On-Premise
• On-Demand

Global Healthcare Fraud Analytics Market: By Application Segmentation Analysis

• Insurance Claims Review
  • Postpayment Review
  • Prepayment Review
• Pharmacy Billing Misuse
• Payment Integrity
• Others

Global Healthcare Fraud Analytics Market: By End-User Segmentation Analysis

• Public & Government Agencies
• Private Insurance Payers
• Third-party Service Providers
• Employers

Global Healthcare Fraud Analytics Market: By Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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