Healthcare Reimbursement Global Market Sees Growth Rate Of 17% Through 2022

14 Feb, 2022

The global healthcare reimbursement market size is expected to grow from $8.23 billion in 2021 to $9.66 billion in 2022 at a compound annual growth rate (CAGR) of 17.3%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The healthcare reimbursement market is expected to reach $18.31 billion in 2026 at a CAGR of 17.3%.

What is the Global Healthcare Reimbursement Market?

The healthcare reimbursement market consists of sales of healthcare reimbursement services by entities (organizations, sole traders and partnerships) that provide healthcare reimbursement services, which include the payment that hospitals, diagnostic facilities, doctors, or other health care providers receive for providing medical service to people. The healthcare reimbursement for a person's health care expenses is mostly covered partially or fully by the government or a health insurer. Only goods and services traded between entities or sold to end consumers are included.

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What drives the Global Healthcare Reimbursement Market?

The increasing cost of healthcare and supportive government programs are the key factors that are driving the healthcare reimbursement market growth. According to the Journal of the American Medical Association (JAMA), US healthcare costs are expected to reach $6 trillion, which is $17,000 per person by 2027. The rising healthcare cost and supportive government policies increase the number of people opting for payer services and thereby contributes to the growth of healthcare reimbursement market.

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Global Healthcare Reimbursement Market Segments
The global healthcare reimbursement market is segmented:
By Claims: Underpaid, Full Paid
By Payers: Private Payers, Public Payers
By Service Provider: Physician Office, Hospitals, Diagnostic Laboratories, Others
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.

Healthcare Reimbursement Global Market Report 2022provides market size and growth forecasts for the global healthcare reimbursement market, global healthcare reimbursement market share, healthcare reimbursement market segments and geographies, healthcare reimbursement market competitive landscape including leading competitors’ revenues, profiles and market shares. The healthcare reimbursement market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Global Healthcare Reimbursement Industry Playersinclude UnitedHealth Group, Aviva, Allianz, CVS Health, BNP Paribas, Aetna, Nippon Life Insurance, WellCare Health Plans, AgileHealthInsurance and Blue Cross Blue Shield Association. The regions covered in the healthcare reimbursement market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the healthcare reimbursement market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.