Data Bridge Market research has recently published the comprehensive business research on “North America healthcare BPO Market” includes historic data, present market trends, future product environment, marketing strategies, technological innovation, upcoming technologies, emerging trends or opportunities, and the technical progress in the related industry. This market report comprises of the study about the market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, possible future trends, and market demand and supply scenarios. This North America healthcare BPO market research report provides clients with the information on their business scenario with which they can build business strategies to thrive in the market. These CAGR values play a key role in determining the costing and investment values or strategies. Thus, the North America healthcare BPO report is a great solution for businesses if they want to stay ahead of the competition in today’s rapidly moving business environment.
Leading Players operating in this market are Accenture, Cognizant, GeBBS Healthcare Solutions, United Health Group, Firstsource, Charles River, Genpact, Invensis Technologies Pvt Ltd, HCL Technologies Limited, Iqvia, WNS (HOLDINGS) LTD, Pharmaceutical Product Development, LLC., Parexel, Catalent, INC, Lonza, Covance INC., Sutherland Global, INC., Premier BPO, INC., HGS LTD.,Boehringer Ingelheim.
North America healthcare BPO market is expected to register a healthy CAGR of 11.0% in the forecast period of 2019 to 2026.
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Recent Industry Developments
In January 2019, Charles River Laboratories entered into strategic alliance with Atomwise (U.S.). This provides clients an access to artificial intelligence-powered and drug design technology.
In June 2018, Sutherland expanded its partnership with University of West Indies. This helped the company to build its workforce strong by entering in a university with a degree program established in curriculum.
The healthcare business process services for the providers and payers enhances the efficiencies, reduces cost, increases outcomes, reduces risk, deliver competitive services and cost effective. Healthcare outsourcing is an important part of the organization to reduce the cost by providing efficient healthcare services. The healthcare BPO services help vendors to minimize the administrative cost, minimizes the cost in delivering the healthcare, electronic medical records management, consumer engagement and clinical transformation. Also, the healthcare outsourcing helps and minimizes the error occurs in the medical billing, enable access to specialist, minimizes staff training cost.
Some of the Actionable Report Insights for Correct Mapping of Business Strategies
A methodical SWOT analysis & investment analysis is performed which forecasts forthcoming opportunities for the market players
A strong research methodology used in this North America healthcare BPO report consists of data models that include market overview and guide, vendor positioning grid, market time line analysis, company positioning grid, share analysis, standards of measurement, top to bottom analysis and vendor share analysis.
This North America healthcare BPO report analyses the market status, growth rate, future trends, market drivers, opportunities, challenges, entry barriers, risks, sales channels, and distributors
Analytical study of this North America healthcare BPO market report helps in mapping growth strategies to increase sales and build brand image in the market.
What are the challenges major manufacturers will face as well as new opportunities and threats faced by them
To perform this North America healthcare BPO market research study, competent and advanced tools and techniques have been utilized that include SWOT analysis and Porter’s Five Forces Analysis.
Key Segmentation of North America Healthcare BPO Market
North America healthcare BPO market is segmented into three notable segments such as component, end user and geography
On the basis of component, the market is segmented into payer services, provider services and pharmaceutical services. The payer segment is further segmented into integrated front end and back office operations, provider management, billing and accounts management, human resource management, claims management, customer relationship management, operational/administrative management, product development and care management. The provider segment is further segmented into medical billing, medical coding, medical transcription, finance and accounts, patient enrollment and strategic planning, device monitoring, revenue cycle management. The pharmaceutical services segment is further segmented as manufacturing outsourcing, pharmacovigilance services, clinical data management, research and development, non-clinical services, sales and marketing, supply chain management and logistics, other non-clinical functions and others. In 2019, provider services segment is growing at the highest CAGR and expected to reach USD in the forecast period of 2019 to 2026.
On the basis of end user, the market is segmented into hospitals, dental clinics, public services, life sciences companies, medical devices companies, pharmacy benefit managers and others. In 2019, hospital segment is growing at the highest CAGR and expected to reach USD in the forecast period of 2019 to 2026.
In 2019, In January, Accenture launched human-machine operating engine SynOps. SynOps comprises of talent, capabilities and technology to achieve efficiency. This will help the company to become more flexible and generate more operations quickly. In 2018, IQVIA announced the launch of Virtual Research Solutions, which was a new technology led study options offering advances in patient-centric trial design and execution. In 2017, Lonza launched XS Pichia 2.0 Expression and Manufacturing Platform for the formulation and development of next generation therapeutics.
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