Germany Revenue Cycle Management Market Size & Outlook
Related Markets
Germany revenue cycle management market highlights
- The Germany revenue cycle management market generated a revenue of USD 10.6 million in 2023 and is expected to reach USD 24.6 million by 2030.
- The Germany market is expected to grow at a CAGR of 12.8% 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.
Revenue cycle management market data book summary
| Market revenue in 2023 | USD 10.6 million |
| Market revenue in 2030 | USD 24.6 million |
| Growth rate | 12.8% (CAGR from 2023 to 2030) |
| Largest segment | Integrated |
| Fastest growing segment | Integrated |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Germany accounted for 3.5% of the global revenue cycle management market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK revenue cycle management market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 24.6 million by 2030.
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Revenue Cycle Management Market Scope
Revenue Cycle Management Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| The SSI Group | View profile | 251-500 | Mobile, Alabama, United States, North America | http://thessigroup.com/ |
| Athenahealth | View profile | 5001-10000 | Watertown, Massachusetts, United States, North America | http://www.athenahealth.com |
| CareCloud Inc | View profile | 3600 | 7 Clyde Road, Somerset, NJ, United States, 08873 | https://www.carecloud.com |
| NXGN | View profile | 11-50 | Chicago, Illinois, United States, North America | http://nxgn.io/ |
| Epic Systems Corporation | View profile | 5001-10000 | Verona, Wisconsin, United States, North America | http://www.epic.com/ |
| Experian PLC | View profile | 22500 | Fenian Street, 2 Cumberland Place, Dublin, Ireland, D02 HY05 | https://www.experianplc.com |
| R1 RCM Inc | View profile | 30000 | 434 West Ascension Way, 6th Floor, Murray, UT, United States, 84123 | https://www.r1rcm.com |
| McKesson Corp | View profile | 51000 | 6555 State Highway 161, Irving, TX, United States, 75039 | https://www.mckesson.com |
| Quest Diagnostics Inc | View profile | 48000 | 500 Plaza Drive, Secaucus, NJ, United States, 07094 | https://www.questdiagnostics.com |
| Veradigm Inc | View profile | 7869 | 222 Merchandise Mart Plaza, Suite 2024, Chicago, IL, United States, 60654 | https://www.veradigm.com |
| Oracle Corp | View profile | 164000 | 2300 Oracle Way, Austin, TX, United States, 78741 | https://www.oracle.com |
Germany 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 70.75% in 2023. Horizon Databook has segmented the Germany revenue cycle management market based on integrated, standalone covering the revenue growth of each sub-segment from 2018 to 2030.
High number of hospitals in Germany is a prime driving factor for the growth of RCM market in the country. In addition, the healthcare delivery system in Germany is streamlined and efficient. As per the Commonwealth Fund, around 85% of the German population is covered by Social Health Insurance (SHI) and 10% by substitutive private health insurance.
The growing demand for digitalization and increasing support by government and private initiatives are likely to drive market growth. For instance, in September 2020, Germany health minister Jens Spahn announced € 3 Million funding for boosting digitalization drive in German healthcare.
This funding would support projects dealing with digitalization and cyber security in modernizing the healthcare space. Presence of guidelines in the form of Hospital Future Act and Digital Supply Act will also positively impact the market.
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Target buyers of Germany revenue cycle management market databook
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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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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany revenue cycle management market , including forecasts for subscribers. This country databook contains high-level insights into Germany revenue cycle management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Germany revenue cycle management market size, by type, 2018-2030 (US$M)
Germany Revenue Cycle Management Market Outlook Share, 2023 & 2030 (US$M)
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