28-May-2024 | Zion Market Research
As per researchers from Zion Market Research, the worldwide healthcare reimbursement market size is expected to surge to about USD 65.08 Billion by 2032, growing at a CAGR of 12.50% during the forecast period. The demand in the global market for healthcare reimbursement is rising owing to the initiatives by administrations toward ensuring quality healthcare for all. The healthcare segment is undergoing fast developmental steps on the intrinsic and extrinsic fronts. Despite the technological developments in the field of healthcare, a number of attempts have been made to make sure that healthcare facilities can be benefited by all the masses. The administration has also become massively driven toward ensuring the unprecedented availability of healthcare facilities for people. Healthcare reimbursement includes a range of relaxation and rebates presented to the masses to avail of healthcare facilities and receive proper medical treatment.
Some of the key participants in the market are Aviva, Allianz, UnitedHealth Group, BNP Paribas, Aetna, CVS Health, WellCare Health Plans, AgileHealthInsurance, Nippon Life Insurance, and The Blue Cross Blue Shield Association.
The increasing patient volume with the surged cost of prescription medicine is causing a burden on people, which is expected to stimulate the expansion of the market. Also, a constant augment in the cost of healthcare is motivating stakeholder interest in reimbursement. Healthcare spending is elevating as prices for treatment, doctor consultation, and prescription drugs are upswing. The change in lifestyles is causing rising occurrences of chronic diseases like diabetes, heart disease, and cancer, which in turn are enhancing healthcare costs. About half of the population across the U.S. has at least one of these illnesses and they are costly to treat.
The global healthcare reimbursement market is segmented into claim, payers, service provider, and geography. Based on the claims, the market is divided into underpaid and full paid. Based on the payers, the market is divided into private payers and public payers. Based on the service provider, the market is divided into physician office, diagnostic laboratories, hospitals, and others.
Based on geographical analysis, the global healthcare reimbursement market is divided into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. The North American region ruled the market in 2023. It is estimated to remain prevailing during the forecasted period. The presence of a robust reimbursement outline and several insurance players are the major trends benefiting the expansion of the market. In addition, the ACA (Affordable Care Act) in the U.S. makes it compulsory to have treatment. The Asia Pacific region is poised to undergo the fastest expansion in the forecasted period. The estimated surge in the geriatric population and the supportive administrative initiatives in emerging economies are some of the main factors likely to spur the market’s development in this region.
Browse the full “Healthcare Reimbursement Market - By Claim (Underpaid and Fully Paid), By Payers (Private Payers and Public Payers), By Service Provider (Physician Office, Diagnostic Laboratories, Hospitals, and Others), And By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024 – 2032.” Report at https://www.zionmarketresearch.com/report/healthcare-reimbursement-market
The global healthcare reimbursement market is segmented as follows:
By Claim:
By Payers:
By Service Provider:
By Region
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