Global Healthcare Reimbursement Market Trends 2024, Forecast To 2033
12 Jan, 2024
The healthcare reimbursement market size has experienced rapid growth, rising from $11.33 billion in 2023 to $13.33 billion in 2024, showcasing a 17.7% CAGR. Historical growth is attributed to the fee-for-service model, health insurance expansion, third-party payers, and cost containment efforts. Anticipating rapid growth, the market is projected to reach $23.36 billion in 2028, with a 15.0% CAGR. Growth drivers include value-based care, telehealth expansion, healthcare policy and reform, and alternative payment models. Key trends encompass telehealth reimbursement, alternative payment models (APMs), Medicare Access and CHIP Reauthorization Act (MACRA), and preauthorization and utilization management.
Global Healthcare Reimbursement Market Key Driver
The healthcare reimbursement market experiences growth due to rising healthcare costs and supportive government programs. Predicted US healthcare costs of $6 trillion by 2027, averaging $17,000 per person, underscore the market's expansion. Supportive government policies encourage payer services, contributing to market growth.
Get A Free Sample Of The Global Healthcare Reimbursement Market ReportGlobal Healthcare Reimbursement Market Segments
The healthcare reimbursement market covered in this report is segmented –
1)By Claims: Underpaid, Full Paid
2)By Payers: Private Payers, Public Payers
3)By Service Provider: Physician Office, Hospitals, Diagnostic Laboratories, Other Service Providers
By Geography: The regions covered in the healthcare reimbursement market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions
North America was the largest region in the healthcare reimbursement market in 2023. Western Europe was the second largest region in the healthcare reimbursement market. The regions covered in the healthcare reimbursement market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Healthcare Reimbursement Industry Players
UnitedHealth Group Incorporated, Aviva plc, Allianz SE, CVS Health Corporation, BNP Paribas Group, Aetna Inc., Nippon Life Insurance Company, WellCare Health Plans Inc., AgileHealthInsurance, Blue Cross Blue Shield Association, Kaiser Foundation Health Plan Inc., Anthem Inc., Centene Corporation, Humana Inc., Health Care Service Corporation, Cigna Corporation, Molina Healthcare Inc., Independence Health Group Inc., Health Net LLC, Universal American Corporation, Blue Shield of California, Tufts Health Plan Inc., Fallon Community Health Plan Inc., CareSource, Health Alliance Plan (HAP), Geisinger Health Plan, SelectHealth
Get The Full Global Healthcare Reimbursement Market Report
Healthcare Reimbursement Market Overview
Healthcare reimbursement is a system in which medical expenses of a patient is paid by the insurance company. It is very useful in costlier medical treatments.
Healthcare Reimbursement Global Market Report 2023 provides data on the global healthcare reimbursement market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The healthcare reimbursement market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.