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Technology Solutions in U.S. Healthcare Payer Market Size
- Report ID: GMI9539
- Published Date: May 2024
- Report Format: PDF
Technology Solutions in U.S. Healthcare Payer Market Size
Technology Solutions in U.S. Healthcare Payer Market size was valued at USD 7.6 billion in 2023 and is anticipated to showcase growth at 7.2% CAGR from 2024 – 2032. Increasing demand for streamlining operational workflow and reducing administrative expenses, shift towards value-based care approaches, and modernization of billing and claim settlement approaches are driving the adoption of technology solutions among payers, contributing to the overall market growth in the US.
Furthermore, growing adoption of telehealth services among payers and providers is also positively impacting the revenue growth in the market. In the U.S. healthcare payer industry, technology solutions encompass a diverse array of software and digital tools. These solutions are designed to support various aspects of health insurance companies' operations, including administrative tasks, financial management, clinical processes, and regulatory compliance.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Technology Solutions in U.S. Healthcare Payer Market Size in 2023: | USD 7.6 Billion |
| Forecast Period: | 2024 to 2032 |
| Forecast Period 2024 to 2032 CAGR: | 7.2% |
| 2032 Value Projection: | USD 14.1 Billion |
| Historical Data for: | 2021 - 2023 |
| No. of Pages: | 41 |
| Tables, Charts & Figures: | 88 |
| Segments covered: | Solution type, Payer type, and Application |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Technology Solutions in U.S. Healthcare Payer Market Scope
