Global Artificial Intelligence (ai) For Healthcare Payer Market Size & Outlook
Global artificial intelligence (ai) for healthcare payer market, 2018-2030 (US$M)
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Global artificial intelligence (ai) for healthcare payer market highlights
- The global artificial intelligence (ai) for healthcare payer market generated a revenue of USD 1,949.0 million in 2023 and is expected to reach USD 3,581.9 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 9.1% by 2030.
- In terms of segment, software accounted for a revenue of USD 1,137.2 million in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 1,949.0 million |
| Market revenue in 2030 | USD 3,581.9 million |
| Growth rate | 9.1% (CAGR from 2023 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Services |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software, Services |
Other key industry trends
- In terms of revenue, the North America accounted for 38.5% of the global artificial intelligence (ai) for healthcare payer market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 823.1 million by 2030.
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Artificial intelligence (AI) for Healthcare Payer Market Scope
Artificial intelligence (AI) for Healthcare Payer Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global artificial intelligence (ai) for healthcare payer market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to artificial intelligence (ai) for healthcare payer market will help companies and investors design strategic landscapes.
Software was the largest segment with a revenue share of 58.35% in 2023. Horizon Databook has segmented the Global artificial intelligence (ai) for healthcare payer market based on software, services covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Artificial intelligence (AI) for Healthcare Payer Component Outlook (Revenue, USD Million, 2018-2030)
- Software
- Services
- Global Artificial intelligence (AI) for Healthcare Payer Deployment Outlook (Revenue, USD Million, 2018-2030)
- Cloud
- On-Premises
- Global Artificial intelligence (AI) for Healthcare Payer Application Outlook (Revenue, USD Million, 2018-2030)
- Claims Processing Optimization
- Fraud Detection and Prevention
- Revenue Management and Billing
- Member Engagement and Personalization
- Others
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Target buyers of Global artificial intelligence (ai) for healthcare payer market databook
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Our clientele includes a mix of artificial intelligence (ai) for healthcare payer market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global artificial intelligence (ai) for healthcare payer market , including forecasts for subscribers. This global databook contains high-level insights into Global artificial intelligence (ai) for healthcare payer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global artificial intelligence (ai) for healthcare payer market size, by regions, 2018-2030 (US$M)
Top 10 countries: Artificial intelligence (ai) for healthcare payer market size, 2023 (US$M)
Global artificial intelligence (ai) for healthcare payer market share, by component, 2023 & 2030 (%, US$M)
Artificial intelligence (ai) for healthcare payer market: Opportunity assessment by country
Global artificial intelligence (ai) for healthcare payer market, by region, 2023 (US$M)
| Component | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 629.9 | 640.0 | 669.6 | 696.1 | 721.6 | 749.4 | 782.3 | 820.9 | 865.9 | 918.0 | 978.1 | 1,047.2 | 1,126.5 | 6.0% |
| Europe | 462.5 | 481.3 | 515.9 | 549.9 | 585.0 | 623.7 | 668.9 | 721.6 | 783.1 | 854.8 | 938.6 | 1,036.5 | 1,151.2 | 9.2% |
| Asia Pacific | 195.7 | 214.0 | 240.7 | 268.4 | 298.2 | 331.3 | 369.7 | 414.4 | 466.6 | 527.6 | 599.4 | 684.1 | 784.4 | 13.1% |
| Latin America | 97.9 | 105.6 | 117.2 | 129.0 | 141.8 | 155.9 | 172.4 | 191.4 | 213.7 | 239.8 | 270.5 | 306.6 | 349.3 | 12.2% |
| MEA | 63.8 | 66.8 | 72.0 | 77.2 | 82.7 | 88.7 | 95.6 | 103.8 | 113.4 | 124.5 | 137.4 | 152.7 | 170.5 | 9.8% |
| Overall | 1,449.8 | 1,507.7 | 1,615.4 | 1,720.6 | 1,829.3 | 1,949.0 | 2,088.9 | 2,252.1 | 2,442.7 | 2,664.7 | 2,924.0 | 3,227.1 | 3,581.9 | 9.1% |
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