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Medical Billing Outsourcing-Global Market Insights and Sales Trends 2025

Medical Billing Outsourcing-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1811824

No of Pages : 121

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Synopsis

The global Medical Billing Outsourcing market size is expected to reach US$ 22040 million by 2029, growing at a CAGR of 9.6% from 2023 to 2029. The market is mainly driven by the significant applications of Medical Billing Outsourcing in various end use industries. The expanding demands from the Hospitals, Physician Offices and Others,, are propelling Medical Billing Outsourcing market. In-House, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Outsourced segment is estimated at % CAGR for the next seven-year period.

The global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.

Report Objectives

This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Medical Billing Outsourcing, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.

Key Features of The Study:

This report provides in-depth analysis of the global Medical Billing Outsourcing market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.

This report profiles key players in the global Medical Billing Outsourcing market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Medical Billing Outsourcing sales data, market share and ranking.

This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.

This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.

Key companies of Medical Billing Outsourcing covered in this report include Claimcare, Cognizant Technology Solutions, Covance, CureMD, GeBBS Healthcare, Genpact, HCL Technologies, Healthcare Administrative Partners and ICON Medical Billing, etc.

The global Medical Billing Outsourcing market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.

Market Segmentation

Company Profiles:

  • Claimcare
  • Cognizant Technology Solutions
  • Covance
  • CureMD
  • GeBBS Healthcare
  • Genpact
  • HCL Technologies
  • Healthcare Administrative Partners
  • ICON Medical Billing
  • INFINIT Healthcare
  • Infosys
  • Invensis
  • Kareo
  • Mba Healthgroup
  • Millensys
  • Mphasis
  • Outsource Management Group
  • Parexel International
  • Quintiles
  • TCS
  • Vee Technologies
  • WNS

Global Medical Billing Outsourcing market, by region:

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, France, UK, Italy, etc.)
  • Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
  • South America (Brazil, etc.)
  • Middle East and Africa (Turkey, GCC Countries, Africa, etc.)

Global Medical Billing Outsourcing market, Segment by Type:

  • In-House
  • Outsourced

Global Medical Billing Outsourcing market, by Application

  • Hospitals
  • Physician Offices
  • Others

Core Chapters

Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Medical Billing Outsourcing companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion

Index

1 Market Overview of Medical Billing Outsourcing
1.1 Medical Billing Outsourcing Market Overview
1.1.1 Medical Billing Outsourcing Product Scope
1.1.2 Medical Billing Outsourcing Market Status and Outlook
1.2 Global Medical Billing Outsourcing Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Medical Billing Outsourcing Market Size by Region (2018-2029)
1.4 Global Medical Billing Outsourcing Historic Market Size by Region (2018-2023)
1.5 Global Medical Billing Outsourcing Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Medical Billing Outsourcing Market Size (2018-2029)
1.6.1 North America Medical Billing Outsourcing Market Size (2018-2029)
1.6.2 Europe Medical Billing Outsourcing Market Size (2018-2029)
1.6.3 Asia-Pacific Medical Billing Outsourcing Market Size (2018-2029)
1.6.4 Latin America Medical Billing Outsourcing Market Size (2018-2029)
1.6.5 Middle East & Africa Medical Billing Outsourcing Market Size (2018-2029)
2 Medical Billing Outsourcing Market by Type
2.1 Introduction
2.1.1 In-House
2.1.2 Outsourced
2.2 Global Medical Billing Outsourcing Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Medical Billing Outsourcing Historic Market Size by Type (2018-2023)
2.2.2 Global Medical Billing Outsourcing Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Medical Billing Outsourcing Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Medical Billing Outsourcing Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Medical Billing Outsourcing Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Medical Billing Outsourcing Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Medical Billing Outsourcing Revenue Breakdown by Type (2018-2029)
3 Medical Billing Outsourcing Market Overview by Application
3.1 Introduction
3.1.1 Hospitals
3.1.2 Physician Offices
3.1.3 Others
3.2 Global Medical Billing Outsourcing Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Medical Billing Outsourcing Historic Market Size by Application (2018-2023)
3.2.2 Global Medical Billing Outsourcing Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Medical Billing Outsourcing Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Medical Billing Outsourcing Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Medical Billing Outsourcing Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Medical Billing Outsourcing Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Medical Billing Outsourcing Revenue Breakdown by Application (2018-2029)
4 Medical Billing Outsourcing Competition Analysis by Players
4.1 Global Medical Billing Outsourcing Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Medical Billing Outsourcing as of 2022)
4.3 Date of Key Players Enter into Medical Billing Outsourcing Market
4.4 Global Top Players Medical Billing Outsourcing Headquarters and Area Served
4.5 Key Players Medical Billing Outsourcing Product Solution and Service
4.6 Competitive Status
4.6.1 Medical Billing Outsourcing Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Claimcare
5.1.1 Claimcare Profile
5.1.2 Claimcare Main Business
5.1.3 Claimcare Medical Billing Outsourcing Products, Services and Solutions
5.1.4 Claimcare Medical Billing Outsourcing Revenue (US$ Million) & (2018-2023)
5.1.5 Claimcare Recent Developments
5.2 Cognizant Technology Solutions
5.2.1 Cognizant Technology Solutions Profile
5.2.2 Cognizant Technology Solutions Main Business
5.2.3 Cognizant Technology Solutions Medical Billing Outsourcing Products, Services and Solutions
5.2.4 Cognizant Technology Solutions Medical Billing Outsourcing Revenue (US$ Million) & (2018-2023)
5.2.5 Cognizant Technology Solutions Recent Developments
5.3 Covance
5.3.1 Covance Profile
5.3.2 Covance Main Business
5.3.3 Covance Medical Billing Outsourcing Products, Services and Solutions
5.3.4 Covance Medical Billing Outsourcing Revenue (US$ Million) & (2018-2023)
5.3.5 CureMD Recent Developments
5.4 CureMD
5.4.1 CureMD Profile
5.4.2 CureMD Main Business
5.4.3 CureMD Medical Billing Outsourcing Products, Services and Solutions
5.4.4 CureMD Medical Billing Outsourcing Revenue (US$ Million) & (2018-2023)
5.4.5 CureMD Recent Developments
5.5 GeBBS Healthcare
5.5.1 GeBBS Healthcare Profile
5.5.2 GeBBS Healthcare Main Business
5.5.3 GeBBS Healthcare Medical Billing Outsourcing Products, Services and Solutions
5.5.4 GeBBS Healthcare Medical Billing Outsourcing Revenue (US$ Million) & (2018-2023)
5.5.5 GeBBS Healthcare Recent Developments
5.6 Genpact
5.6.1 Genpact Profile
5.6.2 Genpact Main Business
5.6.3 Genpact Medical Billing Outsourcing Products, Services and Solutions
5.6.4 Genpact Medical Billing Outsourcing Revenue (US$ Million) & (2018-2023)
5.6.5 Genpact Recent Developments
5.7 HCL Technologies
5.7.1 HCL Technologies Profile
5.7.2 HCL Technologies Main Business
5.7.3 HCL Technologies Medical Billing Outsourcing Products, Services and Solutions
5.7.4 HCL Technologies Medical Billing Outsourcing Revenue (US$ Million) & (2018-2023)
5.7.5 HCL Technologies Recent Developments
5.8 Healthcare Administrative Partners
5.8.1 Healthcare Administrative Partners Profile
5.8.2 Healthcare Administrative Partners Main Business
5.8.3 Healthcare Administrative Partners Medical Billing Outsourcing Products, Services and Solutions
5.8.4 Healthcare Administrative Partners Medical Billing Outsourcing Revenue (US$ Million) & (2018-2023)
5.8.5 Healthcare Administrative Partners Recent Developments
5.9 ICON Medical Billing
5.9.1 ICON Medical Billing Profile
5.9.2 ICON Medical Billing Main Business
5.9.3 ICON Medical Billing Medical Billing Outsourcing Products, Services and Solutions
5.9.4 ICON Medical Billing Medical Billing Outsourcing Revenue (US$ Million) & (2018-2023)
5.9.5 ICON Medical Billing Recent Developments
5.10 INFINIT Healthcare
5.10.1 INFINIT Healthcare Profile
5.10.2 INFINIT Healthcare Main Business
5.10.3 INFINIT Healthcare Medical Billing Outsourcing Products, Services and Solutions
5.10.4 INFINIT Healthcare Medical Billing Outsourcing Revenue (US$ Million) & (2018-2023)
5.10.5 INFINIT Healthcare Recent Developments
5.11 Infosys
5.11.1 Infosys Profile
5.11.2 Infosys Main Business
5.11.3 Infosys Medical Billing Outsourcing Products, Services and Solutions
5.11.4 Infosys Medical Billing Outsourcing Revenue (US$ Million) & (2018-2023)
5.11.5 Infosys Recent Developments
5.12 Invensis
5.12.1 Invensis Profile
5.12.2 Invensis Main Business
5.12.3 Invensis Medical Billing Outsourcing Products, Services and Solutions
5.12.4 Invensis Medical Billing Outsourcing Revenue (US$ Million) & (2018-2023)
5.12.5 Invensis Recent Developments
5.13 Kareo
5.13.1 Kareo Profile
5.13.2 Kareo Main Business
5.13.3 Kareo Medical Billing Outsourcing Products, Services and Solutions
5.13.4 Kareo Medical Billing Outsourcing Revenue (US$ Million) & (2018-2023)
5.13.5 Kareo Recent Developments
5.14 Mba Healthgroup
5.14.1 Mba Healthgroup Profile
5.14.2 Mba Healthgroup Main Business
5.14.3 Mba Healthgroup Medical Billing Outsourcing Products, Services and Solutions
5.14.4 Mba Healthgroup Medical Billing Outsourcing Revenue (US$ Million) & (2018-2023)
5.14.5 Mba Healthgroup Recent Developments
5.15 Millensys
5.15.1 Millensys Profile
5.15.2 Millensys Main Business
5.15.3 Millensys Medical Billing Outsourcing Products, Services and Solutions
5.15.4 Millensys Medical Billing Outsourcing Revenue (US$ Million) & (2018-2023)
5.15.5 Millensys Recent Developments
5.16 Mphasis
5.16.1 Mphasis Profile
5.16.2 Mphasis Main Business
5.16.3 Mphasis Medical Billing Outsourcing Products, Services and Solutions
5.16.4 Mphasis Medical Billing Outsourcing Revenue (US$ Million) & (2018-2023)
5.16.5 Mphasis Recent Developments
5.17 Outsource Management Group
5.17.1 Outsource Management Group Profile
5.17.2 Outsource Management Group Main Business
5.17.3 Outsource Management Group Medical Billing Outsourcing Products, Services and Solutions
5.17.4 Outsource Management Group Medical Billing Outsourcing Revenue (US$ Million) & (2018-2023)
5.17.5 Outsource Management Group Recent Developments
5.18 Parexel International
5.18.1 Parexel International Profile
5.18.2 Parexel International Main Business
5.18.3 Parexel International Medical Billing Outsourcing Products, Services and Solutions
5.18.4 Parexel International Medical Billing Outsourcing Revenue (US$ Million) & (2018-2023)
5.18.5 Parexel International Recent Developments
5.19 Quintiles
5.19.1 Quintiles Profile
5.19.2 Quintiles Main Business
5.19.3 Quintiles Medical Billing Outsourcing Products, Services and Solutions
5.19.4 Quintiles Medical Billing Outsourcing Revenue (US$ Million) & (2018-2023)
5.19.5 Quintiles Recent Developments
5.20 TCS
5.20.1 TCS Profile
5.20.2 TCS Main Business
5.20.3 TCS Medical Billing Outsourcing Products, Services and Solutions
5.20.4 TCS Medical Billing Outsourcing Revenue (US$ Million) & (2018-2023)
5.20.5 TCS Recent Developments
5.21 Vee Technologies
5.21.1 Vee Technologies Profile
5.21.2 Vee Technologies Main Business
5.21.3 Vee Technologies Medical Billing Outsourcing Products, Services and Solutions
5.21.4 Vee Technologies Medical Billing Outsourcing Revenue (US$ Million) & (2018-2023)
5.21.5 Vee Technologies Recent Developments
5.22 WNS
5.22.1 WNS Profile
5.22.2 WNS Main Business
5.22.3 WNS Medical Billing Outsourcing Products, Services and Solutions
5.22.4 WNS Medical Billing Outsourcing Revenue (US$ Million) & (2018-2023)
5.22.5 WNS Recent Developments
6 North America
6.1 North America Medical Billing Outsourcing Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Medical Billing Outsourcing Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Medical Billing Outsourcing Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Medical Billing Outsourcing Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Medical Billing Outsourcing Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Medical Billing Outsourcing Market Dynamics
11.1 Medical Billing Outsourcing Industry Trends
11.2 Medical Billing Outsourcing Market Drivers
11.3 Medical Billing Outsourcing Market Challenges
11.4 Medical Billing Outsourcing Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List

Published By : QY Research

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