The report’s authors have offered necessary details on the latest Healthcare Fraud Analytics Market trends and the crucial parameters impacting both short-term and long-term market growth. Its panoramic view of the Healthcare Fraud Analytics Market entails useful insights into the estimated Healthcare Fraud Analytics Market size, revenue share, and sales & distribution networks. Such helpful market insights are bound to help readers outline this industry’s key outcomes in the near future.

The global healthcare fraud analytics market is projected to reach value of USD 6.65 Billion by 2027, according to a current analysis by Emergen Research. 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. On the other hand, the global healthcare fraud analytics market is likely to be hindered by the inability of organizations to implement fraud analytics for healthcare in the near future.

North America is anticipated to lead the global market throughout the forecast period. The increasing number of people seeking health insurance, growing number of fraud incidents in medical insurance, rising government efforts to curb frauds, increasing need for reduced healthcare costs, technological advancements, and increased availability of products and facilities are factors responsible for dominance of the region in the global market.

Visit the link below: https://www.emergenresearch.com/industry-report/healthcare-fraud-analytics-market

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

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.

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