The study further explores and provides an in-depth analysis of current market dynamics and recent trends, focusing on various key factors and potential growth opportunities and risks. The report focuses on leading regions and their major countries to anticipate market growth in the forecast years.
The global market of healthcare fraud analytics is likely to expand significantly during the forecast period. Significant market growth is attributable to the growing number of fraud incidents in health insurance across the world. Furthermore, the expanding industry for healthcare insurance is also anticipated to drive the healthcare fraud analytics market during the forecast period. Moreover, rising government spending on the healthcare ecosystem to prevent fraudulent activities is also expected to boost the global market during the forecast period.
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Highlights of Report
- In September 2020, DWS Ltd acquired HCL Technologies Limited. The acquisition would extend HCL Technologies’ offerings in New Zealand and Australia.
- The on-premises segment is expected to lead the market during the forecast period. Solutions are offered in-house and in an on-premise scenario within an institution's IT infrastructure. Management of these solutions and all relevant activities is the company’s responsibility.
- During the forecast period, the insurance claims segment is anticipated to lead the market. The segment is expected to be driven by rise in the number of individuals requiring medical insurance, increase in the incidence of fraud claims, and increase in the adoption of the pre-payment assessment process.
Competitive Landscape:
Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.
Key market participants include Wipro Limited, DXC Technology Co, FraudScope, Inc., SAS Institute, Pondera Solutions, LLC, Conduent Inc., HCL Technologies Limited, ExlService Holdings, Inc., CGI Inc., and International Business Machines Corporation (IBM)
Emergen Research has segmented the global healthcare fraud analytics market on the basis of deployment, application, solution, and region.
Deployment Outlook (Revenue, USD Billion; 2017–2027)
- Cloud-based
- On-premises
Application Outlook (Revenue, USD Billion; 2017–2027)
- Payment Integrity
- Insurance Claim
Solution Outlook (Revenue, USD Billion; 2017–2027)
- Predictive Analytics
- Descriptive Analytics
- Prescriptive Analytics
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