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Healthcare Fraud Analytics Market: Current Status, Opportunities, and Future Prospects

Healthcare Fraud Analytics Market: Current Status, Opportunities, and Future Prospects

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Significant number of fraudulent actions in healthcare, increase in number of patients who require health insurance, and growing consumer preference for telemedicine consultations are key factors driving market revenue growth

A Global Healthcare Fraud Analytics Market Research Report from Emergen Research has been formulated by analyzing key business details and an extensive geographic spread of the Healthcare Fraud Analytics market industry, encompassing key business details and extensive geographical coverage. In addition to providing crucial statistical data about the Healthcare Fraud Analytics Market, this study covers qualitative and quantitative aspects of the Healthcare Fraud Analytics Market. In addition to historical data from 2019 to 2020, the research study provides an accurate forecast until 2030 for the Healthcare Fraud Analytics Market.

The global healthcare fraud analytics market size was USD 1.53 Billion in 2021 and is expected to register a revenue CAGR of 26.7% during the forecast period. Growing consumer preference for telemedicine consultations, increase in number of patients who require health insurance, better investment returns, and surge in proportion of pharmacy claims and medical insurance-related frauds are major factors driving market revenue growth.

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In addition, significant number of fraud incidences related to health insurance claims around the world is another factor driving revenue growth of the market during the forecast period. Fraud, which is by its very nature covert and difficult to catch, is also more likely to occur in healthcare and medical insurance industries. According to European Healthcare Fraud and Corruption Network, percentage of healthcare fraud has been discovered, which is increasing annually. As a result, emerging field of healthcare management, which is accelerating growth of this industry, is preventive big data analytics for reducing healthcare fraud. This trend is supported by emerging technologies and these tools for detecting and preventing fraud have advanced dramatically, reducing the time it takes to detect fraud and enabling construction of quicker, sophisticated, and more accurate analytics.

The report further sheds light on the competitive landscape of the Healthcare Fraud Analytics market to offer the readers an advantage over others. The competitive landscape section of the report talks about the recent advancements in the RD and technologies undertaken by the prominent players, along with their strategic business expansion plans, product launches, and brand promotions. The report pays special attention to the strategic alliances such as mergers and acquisitions, joint ventures, collaborations, agreements, corporate and government deals, and others adopted by the prominent players of the industry to expand their market presence and gain a substantial market position.

Some major companies operating in the global market include ExlService Holdings, Inc., IBM Corporation, Wipro Limited, ClarisHealth, DXC Technology Co., COTIVITI, INC., CGI Inc., H2O.ai., and Brighterion, Inc.

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ToC of the report:

Chapter 1: Market overview and scope

Chapter 2: Market outlook

Chapter 3: Impact analysis of COVID-19 pandemic

Chapter 4: Competitive Landscape

Chapter 5: Drivers, Constraints, Opportunities, Limitations

Chapter 6: Key manufacturers of the industry

Chapter 7: Regional analysis

Chapter 8: Market segmentation based on type applications

Chapter 9: Current and Future Trends

Emergen Research has segmented the global healthcare fraud analytics market based on deployment type, application, solution, and region:

  • Deployment Type Outlook (Revenue, USD Million; 2019–2030)

    • Cloud-based
    • On premise
  • Application Outlook (Revenue, USD Million; 2019–2030)

    • Insurance claim
    • Payment integrity
    • Others
  • Solution Outlook (Revenue, USD Million; 2019–2030)

    • Prescriptive analytics
    • Descriptive analytics
    • Predictive analytics

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Regional Analysis:

Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.

What Questions Should You Ask before Buying a Market Research Report?

How is the Healthcare Fraud Analytics market evolving?

What is driving and restraining the Healthcare Fraud Analytics market?

How will each Healthcare Fraud Analytics submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2030?

How will the market shares for each Healthcare Fraud Analytics submarket develop from 2022 to 2030?

What will be the main driver for the overall market from 2022 to 2030?

Will leading Healthcare Fraud Analytics markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?

How will the market shares of the national markets change by 2030 and which geographical region will lead the market in 2030?

Who are the leading players and what are their prospects over the forecast period?

What are the Healthcare Fraud Analytics projects for these leading companies?

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Thank you for reading the research report. We also offer report customization as per client requirement. Kindly connect with us to know more about the customization feature and our team will offer you the best suited report. 

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