Asia Pacific Revenue Cycle Management Market Size & Outlook
Asia Pacific revenue cycle management market, 2018-2030 (US$M)
Related Markets
Asia Pacific revenue cycle management market highlights
- The Asia Pacific revenue cycle management market generated a revenue of USD 47.4 million in 2023.
- The market is expected to grow at a CAGR of 14% from 2024 to 2030.
- In terms of segment, integrated was the largest revenue generating type in 2023.
- Integrated is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 47.4 million |
| Market revenue in 2030 | USD 118.9 million |
| Growth rate | 14% (CAGR from 2023 to 2030) |
| Largest segment | Integrated |
| Fastest growing segment | Integrated |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Integrated, Standalone |
| Key market players worldwide | The SSI Group, Veradigm Inc, Athenahealth, Experian PLC, R1 RCM Inc, Epic Systems Corporation, McKesson Corp, NXGN, CareCloud Inc, Quest Diagnostics Inc, Oracle Corp |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 15.4% of the global revenue cycle management market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 118.9 million by 2030.
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Revenue Cycle Management Market Scope
Revenue Cycle Management Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific revenue cycle management 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 revenue cycle management market will help companies and investors design strategic landscapes.
Integrated was the largest segment with a revenue share of 70.68% in 2023. Horizon Databook has segmented the Asia Pacific revenue cycle management market based on integrated, standalone covering the revenue growth of each sub-segment from 2018 to 2030.
High unmet healthcare needs and rise in government spending on healthcare are expected to bolster the RCM systems market in Asia Pacific. For instance, as per the Deloitte report titled 2015 Healthcare Outlook, China, the healthcare expenditure in China is growing at an estimated rate of 11.8% annually and is likely to reach USD 892 Million by 2018.
Similarly, in the Deloitte Healthcare Outlook 2019, APAC countries are evolving and investing in digitalization. For example, Australia launched My Health Record that uses patient data to link into personalized health record across different value chains of healthcare.
On the other hand, Japan has significantly implemented EHR but due to different systems used in hospitals the data cannot be aggregated at national level, thereby limiting the overall development of healthcare IT in Japan.
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Our clientele includes a mix of revenue cycle management market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific revenue cycle management market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific revenue cycle management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific revenue cycle management market size, by country, 2018-2030 (US$M)
Asia Pacific Revenue Cycle Management Market Outlook Share, 2023 & 2030 (US$M)
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