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The Global Revenue Cycle Management System report defines and segments the concerned market with analysis and forecast of revenue. The market was valued at $4,048.4 million in 2014, and is estimated to reach $5,640.8 million by 2019, at a CAGR of 6.9% from 2014 to 2019.
The growth of the global revenue cycle management system market is mainly attributed to the increase in adoption of new and updated versions of RCM solutions. Browse through the TOC of revenue cycle management market for an in-depth analysis of the industry trends and segments, with help of various tables and figures.
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There is a huge unmet demand for the latest RCM solutions among varied healthcare providers. In order to satisfy this growing demand, new projects have been initiated. Despite this, limited support from governmental bodies adversely affected the European market for revenue cycle management during the period 2008-2009. Healthcare providers in Europe are undergoing consolidation, thereby improving the purchasing capacity of revenue cycle management solutions.
In 2014, 52.6% of the global revenue cycle management system market was dominated by North America, which was followed by Europe registering a market value of 23.2%.
The global RCM market was segmented on the basis of type, application, component, deployment, end-user, and geography. According to components, the market is sub-divided into hardware, software, and services. With respect to deployment, the market is segmented into on-premise, cloud-based, and web-based. On the basis of regions, the market is categorized into North America, Europe, Asia-Pacific, and rest of the world.
This report includes a comprehensive overview of varied market metrics, such as drivers, restraints, and upcoming opportunities. It also analyzes the market with respect to market share of key players and value chain analysis. Additionally, the report lays emphasis on competitive landscape, in addition to company profiles, financials, growth strategies, and recent developments of key players operating in the RCM market.
The European Non-Clinical Information Systems (NCIS) Market report defines and segments the concerned market in Europe with analysis and forecast of revenue. This market was valued at $2,490.3 million in 2013 and is estimated to grow at a CAGR of 6.3% from 2014 to 2019.
MicroMarket Monitor produces exclusive market research reports, based on real-time data to provide better understanding of the dynamic market conditions of the Healthcare Industry. The reports offer in-depth and complete analysis of the regional and country level marketplaces. The research reports for Healthcare Industry are updated on quarterly basis and are easily available for purchase through annual subscriptions.
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