Recent study report released by Data Bridge Market research titled “Global Healthcare Fraud Detection Market” (covering USA, Europe, China, Japan, India, South East Asia, etc) highlights opportunities, risk analysis, and leveraged with strategic and tactical decision-making support. This research report presents key insights on the Global Healthcare Fraud Detection Market along with the latest and updated industry details. According to the latest research, the Healthcare Fraud Detection Market encompasses a variety of issues and tasks in the global market.
This research report offers a comprehensive selection of financial products, product prospects, and development rates during the forecast period. In short, the study provides a general overview of the Healthcare Fraud Detection market based on its current situation and market size in terms of volume and return. The regional study of the global Healthcare Fraud Detection Market included in the report helps readers to gain a deep understanding of how various geographic markets have been developing over the past few years.
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Data Bridge Market Research analyses the market to grow at a CAGR of 28.92% in the above-mentioned forecast period. Increasing number of fraudulent activities in healthcare drives the healthcare fraud detection market.
Healthcare fraud detection is specially designed to prevent healthcare frauds, abuse and waste so that any unauthorized payment and benefits can be avoided. They are usually used to avoid misrepresenting dates, falsification of data by physicians and submitting claims for services not provided among others.
Increasing number of patients seeking health insurance is the vital factor escalating the market growth, also rising prepayment review model, increasing returns on investment, increase in the pharmacy claims-related fraud, increasing population adapting health insurance and rising need for solutions that have biometric sensors to identify frauds are the major factors among others driving the healthcare fraud detection market. Moreover, increasing adoption of healthcare fraud analytics in developing countries, rising emergence of social media and its impact on the healthcare industry and role of AI in healthcare fraud detection will further create new opportunities for healthcare fraud detection market in the forecasted period of 2021-2028.
However, rising limitations in the data capturing process in Medicaid services, rising less adoption of healthcare fraud analytics and lack of skilled and trained profession are the major factors among others which will obstruct the market growth, while time-consuming deployment and the need for frequent upgrades will further challenge the growth of healthcare fraud detection market in the forecast period mentioned above.
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The major players covered in the healthcare fraud detection market report are IBM Corporation, Optum, Inc., COTIVITI, INC., McKesson Corporation, Fair Isaac Corporation, SAS Institute Inc., SCIOInspire, Corp., Conduent, Inc., HCL Technologies Limited, CGI Inc., DXC Technology Company, Northrop Grumman, LexisNexis, Pondera Solutions, Wipro, Codoxo and HMS among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Key Coverage in the Healthcare Fraud Detection Market Report:
- Detailed analysis of Healthcare Fraud Detection Market by a thorough assessment of the technology, product type, application, and other key segments of the report
- Qualitative and quantitative analysis of the market along with calculation for the forecast period
- Investigative study of the market dynamics including drivers, opportunities, restraints, and limitations that can influence the market growth
- Comprehensive analysis of the regions of the Healthcare Fraud Detection industry and their futuristic growth outlook
- Competitive landscape benchmarking with key coverage of company profiles, product portfolio, and business expansion strategies
Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Healthcare Fraud Detection Market Landscape
Part 04: Global Healthcare Fraud Detection Market Sizing
Part 05: Global Healthcare Fraud Detection Market by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Reasons to Buy:
- Review the scope of the Healthcare Fraud Detection Market with recent trends and SWOT analysis.
- Outline of market dynamics coupled with market growth effects in coming years.
- Healthcare Fraud Detection Market segmentation analysis includes qualitative and quantitative research, including the impact of economic and non-economic aspects.
- Regional and country level analysis combining Healthcare Fraud Detection Market and supply forces that are affecting the growth of the market.
- Market value data (millions of US dollars) and volume (millions of units) for each segment and sub-segment.
- and strategies adopted by the players in the last five years.
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