Fatpos Global has released a report titled “Healthcare BPO Market - Analysis of Market Size, Share Trends for 2021 – 2022 and Forecasts to 2032” which is anticipated to reach 829.8 billion USD by 2032. According to a study by Fatpos Global, the market is expected to portray a CAGR of 9.2% between 2022 and 2032. According to the market research study, the speedy rise of clinical routes in the domain and the drop in errors in non-critical operations like financing, accounting, and customer services. is expected to boost the growth of the Healthcare BPO Market.

The market research study on Healthcare BPO Market includes in-depth insights such as:

• Healthcare BPO Market in North America held the largest market share in the year 2021.
• Healthcare BPO Market is classified based on the Provider Service into Patient Enrollment and Strategic Planning, Patient Care Service, and Revenue Cycle Management.
• Healthcare BPO Market is classified based on the Payer Service into Human Resource Management, Claims Management, Customer Relationship Management (CRM), Operational/Administrative Management, Care Management, Provider Management, and Other Payer Services.
• Healthcare BPO Market is classified based on the Pharmaceutical Service into Manufacturing, Research Development, and Non-Clinical Services and Others.
• Growing demand for reducing medical costs and the rising number of growth strategies adopted by key companies are expected to boost market growth.

“The growth of the global healthcare BPO market is being driven by factors like improvements in healthcare IT, rising healthcare expenses, shortage of experienced personnel, and rising demand for better healthcare. Moreover, the big pharmaceutical companies are being enforced to outsource their business processes owing to the high costs involved with RD and production of products as well as decreased productivity, which is ultimately fueling the growth of the Healthcare BPO Market.”, said a lead analyst at Fatpos Global .

Healthcare BPO refers to a process or commercial activity that is outsourced and offers administrative or other support to personnel, medical organizations, and institutions. Coding, billing, transcription, and other common outsourcing projects belong to this category.

Healthcare BPO Market is classified based on the Pharmaceutical Service into Manufacturing, Research Development, and Non-Clinical Services and Others. The fastest growth is anticipated for technological developments during the expected time. Owing to an increase in COVID-19 patients, the company's overall growth may be related to growing costs for innovative treatments and immunizations.

Key Players in the Market

Some of the key players operating in the Healthcare BPO Market are Accenture, Cognizant, Wipro, HCL Technologies, NTT Data Corporation, IQVIA, Sykes Enterprises, WNS (Holdings) Limited, Sutherland Global, Mphasis, Omega Healthcare, Firstsource Solutions, GeBBS Healthcare Solutions, Invensis Technologies, Octopus Tech Solutions, and Other Prominent Players.

Get Valuable Insights into Market

In the latest market study conducted by Fatpos Global thrives to present an unbiased analysis of the Healthcare BPO Market that covers the historical demand data as well as the forecast figures for the period, i.e., 2022-2032. The study includes compelling insights into growth that is witnessed in the Market. Healthcare BPO Market is classified based on the System into Security Surveillance, HVAC, Lighting Solutions, Others. Healthcare BPO Market is classified based on the Component into Hardware, Software. Healthcare BPO Market is classified based on the Application into Industrial, Residential, Commercial. Healthcare BPO Market is classified based on the Offerings into Facility Management Systems, Security and Access Controls, Fire Protection Systems, Building Energy Management Software, BAS Services, Others. Healthcare BPO Market is classified based on the Technology into Wireless, Wired. Geographically, the market is segmented into North America, Latin America, Europe, Asia Pacific and Middle East and Africa.