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(Medical-NewsWire.com, February 23, 2017 ) According to the report Europe Healthcare BPO market by Provider service, by Payer service, by Pharmaceutical service and by Region - Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts (20162021), published by Market Data Forecast, the Europe market is projected to reach USD 63.70 Billion by 2021, at a CAGR of 9.56% from 2016 to 2021.
For full report refer to http://www.marketdataforecast.com/market-reports/europe-healthcare-bpo-market-253/
Free sample for the report is available at http://www.marketdataforecast.com/market-reports/europe-healthcare-bpo-market-253/request-sample
Although, healthcare represents only 5-10% of the total BPO deals in the market which is the relatively low compared to other industries, such as financial services, banking and manufacturing, the potential for growth is high due to the demand for quality care.
Increasing number of people seeking insurance, pressure to cut healthcare delivery costs, consolidation of healthcare system, pharmaceutical companies facing patent cliffs, along with the mandatory implementation of ICD-10 codes are the major factors fuelling Europe Healthcare BPO market. On the basis of Payer, the services market is classified into Claims management, Integrated Front-end Services and Back-office Operations, Member Management, Billing and Accounts Management, Provider Management, Analytics and Fraud Management and Human Resource. Claims processing, Member management and provider management are the most frequently needed processes by the payers.
Enquire more about the report at http://www.marketdataforecast.com/market-reports/europe-healthcare-bpo-market-253/inquire
Healthcare BPO market is segmented by Provider service, Payer service, Pharmaceutical service and by Region as follows.
1. Provider Service
Medical Billing
Medical Coding
Medical Transcription
Finance & Accounts
2. Payer Service
Claims Management
Integrated Front-end Services and Back-office Operations
Member Management
Provider Management
Billing and Accounts Management
Analytics and Fraud Management
HR Services
3. Pharmaceutical Service
Research and Development
Manufacturing
Non-clinical Services
- Sales and Marketing services
- Supply Chain Management
- Other Non-Clinical Applications
4. Region
U.K
Spain
Germany
France
Italy
Rest of Europe regions
With the ever-growing demand for healthcare, the need for outsourcing the services is expected to provide niche opportunities for IT companies to poach upon. Some of the major players operating in the healthcare BPO market include Cognizant Technology Solutions Corporation (U.S.), Accenture PLC (U.S.), Genpact Limited, Tata Consultancy Services Ltd. (India), Infosys BPO Ltd. (India) and Xerox Corporation (U.S.).
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The Health Care BPO Market study offers the following deliverables:
Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped.
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development.
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment.
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies.
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions.
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market.
Checkout related reports in the Health care IT Category:
Europe e-Health Market: http://www.marketdataforecast.com/market-reports/europe-e-Health-market-1237/
Europe Healthcare Analytics Market: http://www.marketdataforecast.com/market-reports/europe-healthcare-analytics-market-50/
Europe Healthcare Information Exchange Market: http://www.marketdataforecast.com/market-reports/europe-healthcare-information-exchange-market-1670/
Europe Point-Of-Care Diagnostics Market: http://www.marketdataforecast.com/market-reports/europe-point-of-care-diagnostics-market-1561/
About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.
Market Data Forecast
Abhishek
+1-888- 702-9626
abhishek@marketdataforecast.com
Source: EmailWire.Com 
Source: EmailWire.com
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