Market revenue in 2023 | USD 7,761.9 million |
Market revenue in 2030 | USD 13,016.8 million |
Growth rate | 7.7% (CAGR from 2023 to 2030) |
Largest segment | Ito services |
Fastest growing segment | KPO Services |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | BPO Services, ITO Services, KPO Services |
Key market players worldwide | Cognizant Technology Solutions Corp Class A, ExlService Holdings Inc, Accenture PLC Class A, Xerox Holdings Corp, Concentrix Corp Ordinary Shares, Genpact Ltd, Wipro Ltd ADR, HCL Technologies, Hinduja Global Solutions |
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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 healthcare payer services market will help companies and investors design strategic landscapes.
Ito services was the largest segment with a revenue share of 51.1% in 2023. Horizon Databook has segmented the Asia Pacific healthcare payer services market based on bpo services, ito services, kpo services covering the revenue growth of each sub-segment from 2018 to 2030.
In the vast Asia-Pacific region, over one-third of the population lacks effective healthcare protection, leaving 1.6 billion people vulnerable. According to the UN Economic and Social Commission for Asia and the Pacific, the COVID-19 pandemic has pushed 243 million people into poverty globally, with 2.9 million workers succumbing to preventable accidents and diseases annually.
The macro-level impact includes compromised productivity and economic growth due to inadequate healthcare access resulting from geographic barriers, practical obstacles, and low awareness. Without accelerated progress, only seven countries are projected to achieve Universal Health Coverage by 2030.
Consequently, two-thirds of the workforce in Asia Pacific faces substantially high health expenditure, hindering economic growth, poverty alleviation, and progress toward the 2030 Sustainable Development Goals.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific healthcare payer services market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific healthcare payer services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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