Japan Revenue Cycle Management Market Size & Outlook
Japan revenue cycle management market, 2018-2030 (US$M)
Related Markets
Japan revenue cycle management market highlights
- The Japan revenue cycle management market generated a revenue of USD 6.8 million in 2023 and is expected to reach USD 14.8 million by 2030.
- The Japan market is expected to grow at a CAGR of 11.9% 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 6.8 million |
| Market revenue in 2030 | USD 14.8 million |
| Growth rate | 11.9% (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, Japan accounted for 2.2% 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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Japan 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 72.06% in 2023. Horizon Databook has segmented the Japan revenue cycle management market based on integrated, standalone covering the revenue growth of each sub-segment from 2018 to 2030.
A rapidly aging population coupled with high prevalence of chronic diseases drives healthcare spending in Japan. As per Japan Health Policy NOW (JHPN), the healthcare spending increased from 10.2% in 2013 to around 10.9% in 2017. However, as per OECD reports, this spending is likely to witness a slowdown.
As per JHPN, the proportion of 65 year and older population would reach 30% by 2020, and around 66% of the national health expenditure would be dedicated to this population. These factors increase the need for a highly efficient healthcare system in Japan to curb the rising costs of healthcare delivery.
This is bound to create a favorable environment for the growth of HIT market, such as RCM, in Japan. In addition, exponential development of computers and digitalized personnel platforms over the last two decades has increased the integration of IT into the healthcare sector 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 country-level data and insights on the Japan revenue cycle management market , including forecasts for subscribers. This country databook contains high-level insights into Japan revenue cycle management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan revenue cycle management market size, by type, 2018-2030 (US$M)
Japan Revenue Cycle Management Market Outlook Share, 2023 & 2030 (US$M)
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