This report contains most up to date market information with which companies can have in depth analysis of ABC industry and future trends. With the market statistics mentioned in the Healthcare Fraud Detection report, it has become possible to get global perspective for the international business. By knowing the marketing strategies of rivals, businesses can set up pioneering ideas and striking sales targets which ultimately make them achieve competitive advantage over its competitors. Thus, the Healthcare Fraud Detection market report acts as an imperative tool to have increments in business activities, qualitative work done and enhanced profits.
The healthcare fraud detection market is expected to gain market growth in the forecast period of 2021 to 2028. 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.
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Market Overview:
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.
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.
Global Healthcare Fraud Detection Market Country Level Analysis
The healthcare fraud detection market is analysed and market size insights and trends are provided by country, component, delivery mode, type, end-user and application as referenced above.
The countries covered in the healthcare fraud detection market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the healthcare fraud detection market due to rising spending on healthcare analytical services, rising prepayment review model, increasing returns on investment and increase in the pharmacy claims-related fraud in this region. Europe is the expected region in terms of growth in healthcare fraud detection market due to growing integration of artificial intelligence in various healthcare solutions and services in this region.
The country section of the healthcare fraud detection market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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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 Segmentation 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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