Medical Billing Outsourcing Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact – both negative and positive – of COVID-19 on the medical billing outsourcing industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. This includes revised market numbers according to the effects of the coronavirus and the expected medical billing outsourcing market growth numbers 2021-2030.
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The Medical Billing Outsourcing Global Market Report 2020-30 by The Business Research Company provides an in-depth analysis of the global medical billing outsourcing market and covers both the historic period, 2015 to 2020, and the forecast period, 2020 to 2030. The report evaluates the market and major economies across the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Medical Billing Outsourcing Global Market Report 2021 covers medical billing outsourcing market drivers, medical billing outsourcing market trends, medical billing outsourcing market growth rate, medical billing outsourcing market major players, player-adopted strategies in the market, and medical billing outsourcing market size.
The global medical billing outsourcing market is expected to grow from $8.415 billion in 2020 to $9.528 billion in 2021 at a compound annual growth rate (CAGR) of 13.2%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while 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 market is expected to reach $16.939 billion in 2025 at a CAGR of 15%.
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The report covers the medical billing outsourcing market segments-
1) By Service: Front End, Back End
2) By End User: Hospitals, Physician Offices
3) By Component: In-House, Outsourced
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