India Revenue Cycle Management Market Size & Outlook
India revenue cycle management market, 2018-2030 (US$M)
Related Markets
India revenue cycle management market highlights
- The India revenue cycle management market generated a revenue of USD 14.8 million in 2023 and is expected to reach USD 39.4 million by 2030.
- The India market is expected to grow at a CAGR of 15% 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 14.8 million |
| Market revenue in 2030 | USD 39.4 million |
| Growth rate | 15% (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, India accounted for 4.8% 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 Asia Pacific, India revenue cycle management market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 39.4 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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India 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 72.3% in 2023. Horizon Databook has segmented the India revenue cycle management market based on integrated, standalone covering the revenue growth of each sub-segment from 2018 to 2030.
RCM is a one of the major services outsourced to India. According to an article in the Economic Times, the growth rate of this outsourcing service was estimated to be 14.6%. The outsourced market in India is estimated to be approximately USD 8.0 Million, with the majority being deployed to U.S. companies and facilities.
Indian workforce possesses the desired communication and technical skills along with analytical skills and structured thought processes to successfully provide these services, thereby contributing to the growth of the RCM market.
Thus, many companies from India are providing RCM services. Healthcare expenditure in India has increased in the past decade and is estimated to further increase over the forecast period. In addition, the number of hospital visits in rural and urban India is increasing.
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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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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 country-level data and insights on the India revenue cycle management market , including forecasts for subscribers. This country databook contains high-level insights into India revenue cycle management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India revenue cycle management market size, by type, 2018-2030 (US$M)
India Revenue Cycle Management Market Outlook Share, 2023 & 2030 (US$M)
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