Healthcare Fraud Analytics Market: A Complete Guide for Investors and Researchers

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Significant number of fraudulent actions in healthcare, increase in number of patients who require health insurance, and growing consumer preference for telemedicine consultations are key factors driving market revenue growth

The Global Healthcare Fraud Analytics Market Research Report added by Emergen Research to its expanding repository is an all-inclusive document containing insightful data about the Healthcare Fraud Analytics Market and its key elements. The report is formulated through extensive primary and secondary research and is curated with an intent to offer the readers and businesses a competitive edge over other players in the industry. The report sheds light on the minute details of the Healthcare Fraud Analytics Market industry pertaining to growth factors, opportunities and lucrhative business prospects, regions showing promising growth, and forecast estimation till 2021.

The global healthcare fraud analytics market size was USD 1.53 Billion in 2021 and is expected to register a revenue CAGR of 26.7% during the forecast period, according to the latest analysis by Emergen Research. Growing consumer preference for telemedicine consultations, increase in number of patients who require health insurance, better investment returns, and surge in proportion of pharmacy claims and medical insurance-related frauds are major factors driving market revenue growth.

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In addition, significant number of fraud incidences related to health insurance claims around the world is another factor driving revenue growth of the market during the forecast period. Fraud, which is by its very nature covert and difficult to catch, is also more likely to occur in healthcare and medical insurance industries. According to European Healthcare Fraud and Corruption Network, percentage of healthcare fraud has been discovered, which is increasing annually. As a result, emerging field of healthcare management, which is accelerating growth of this industry, is preventive big data analytics for reducing healthcare fraud. 

The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.

Key Companies Profiled in the Report:

ExlService Holdings, Inc., IBM Corporation, Wipro Limited, ClarisHealth, DXC Technology Co., COTIVITI, INC., CGI Inc., H2O.ai., and Brighterion, Inc.

Segmental Analysis

The global Healthcare Fraud Analytics market is broadly segmented on the basis of different product types, application range, end-use industries, key regions, and an intensely competitive landscape. This section of the report is solely targeted at readers looking to select the most appropriate and lucrative segments of the Healthcare Fraud Analytics sector in a strategic manner. The segmental analysis also helps companies interested in this sector make optimal business decisions and achieve their desired goals.

Emergen Research has segmented the global healthcare fraud analytics market based on deployment type, application, solution, and region:

  • Deployment Type Outlook (Revenue, USD Million; 2019–2030)

    • Cloud-based
    • On premise
  • Application Outlook (Revenue, USD Million; 2019–2030)

    • Insurance claim
    • Payment integrity
    • Others
  • Solution Outlook (Revenue, USD Million; 2019–2030)

    • Prescriptive analytics
    • Descriptive analytics
    • Predictive analytics

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The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market. 

Regional Analysis Covers:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Radical Features of the Healthcare Fraud Analytics Market Report:

The report encompasses Healthcare Fraud Analytics market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements

An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently

Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies

Supply chain analysis along with technological advancements offered in the report

The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Healthcare Fraud Analytics industry

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