09/06/2017 03:22

Data Bridge Market Research

Revenue Cycle Management (RCM) Market expected to grow at CAGR of 12.7% till 2024

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The global revenue cycle management market has accounted to USD 51.6 billion in 2016, growing at a CAGR of 12.7% from 2017 to 2024, is expected to reach USD 133.6 billion by 2024.

ADVER_BEGUN_1Global Revenue Cycle Management (RCM) Market By Product Type (Integrated RCM, Standalone RCM), By Stage (Front Office, Mid Office, Back Office), By End User (Hospitals, General Physicians, Labs, Others), By Deployment (Web-based, On-premise, Cloud-based), By Component (Software, Services), By Geography (North America, Europe, Asia Pacific, South America, Middle East & Africa) –Industry Trends and Forecast to 2024
The Revenue Cycle Management Market is segmented on the basis of product type, deployment, component, stage, end-user, and geography.

On the basis of product type, the Revenue Cycle Management Market is segmented into standalone and integrated RCM.

Based on deployment, the revenue cycle management market is segmented into web-based, on-premise, cloud-based.

On the basis of component the market is segmented into software, services.

Based on Stage the market is segmented into front office, mid office, back office.

Based on end-users, the revenue cycle management market is segmented into hospitals, laboratories, and physicians and others.

Based on geography the market is segmented into 5 geographical regions, North America, Europe, Asia-Pacific, South America and rest of the world. The geographical regions are further segmented into 24 major countries such as U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and many others.

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The key players operating in this market are McKesson Corporation, Cerner Corporation, Quest Diagnostics, Athena Health, Inc., Allscripts., EClinicalWorks, CareCloud Corporation, The SSI Groups, Inc., GE Healthcare, Epic Systems, Siemens Healthcare, and Kareo, Inc., among others.

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