Revenue Cycle Management Market Report Explores the Future Trends for the Forecast Period 2021 – 2030

As per the report, the global revenue cycle management industry was pegged at $97.29 billion in 2020, and is expected to reach $329.71 billion by 2030, growing at a CAGR of 12.7% from 2021 to 2030.

Rise in demand for cloud-based solutions and surge in healthcare spending have boosted the growth of the global revenue cycle management market. However, high costs associated with RCM deployment and scarcity of trained professionals hinder the market. On the contrary, rise in demand for outsourced RCM solutions is expected to open new opportunities for the market players in the future.

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By type, the integrated segment held the largest share in 2020, accounting for nearly two-thirds of the global revenue cycle management market. The segment is expected to register the highest CAGR of 13.5% during the forecast period.

This is due to improved healthcare infrastructure and rise in healthcare-related expenditures to cater untapped markets among developing nations. The report includes an analysis of the standalone segment.

By end-user, the physicians segment would showcase the highest CAGR of 13.7% from 2021 to 2030. The segment held the largest share in 2020, contributing to around three-fifths of the global revenue cycle management industry, due to rise in complexities of healthcare reimbursement methods, adoption of electronic health records, and change in models of payments. The report includes analysis of other segments such as hospitals and diagnostic & ambulatory care centers.

By region, the market across North America held the lion’s share in 2020, accounting for nearly two-fifths of the market, due to technological advancements and presence of key market players in the region.

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However, the global revenue cycle management market across Asia-Pacific would showcase the highest CAGR of 15.6% from 2021 to 2030, owing to growth in deployment of revenue cycle management among physicians and hospitals.

Major Market Players:

  • Cerner Corporation
  • eClinicalWorks
  • Epic Systems Corporation
  • GeBBSHealthcare Solutions
  • GE Healthcare
  • Experian PLC
  • Mckesson Corporation
  • Quest Diagnostics Incorporated
  • Athenahealth, Inc.
  • Allscripts Healthcare Solutions, Inc.
Key Benefits For Stakeholders
  • This study includes the global revenue cycle management market analysis, revenue cycle management market trends, and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and global revenue cycle management market opportunity.
  • The global revenue cycle management market size is quantitatively analyzed from 2020 to 2030 to highlight the financial competency of the industry.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in global revenue cycle management industry.

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Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

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