The Asian Claim Management System Market is Anticipated to Reach at a CAGR of 6.2% From 2014 to 2019
FORT WORTH, Texas, December 24, 2014 /PRNewswire/ --
The Asian claim management system market report defines and segments the concerned market in Asia with an analysis and forecast of the revenue. The Asia claim management system market was valued at $404 million in 2013, which is estimated to grow at a CAGR of 6.2% from 2014 to 2019.
Browse through the TOC of Asian Claim Management System Market for an in-depth analysis of the industry trends and segments, with help of various tables and figures.
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Claims process generates a large amount of data that is complex in nature. The growing need for the replacement of old and incompatible claim management systems drives the companies to invest in this region. The key requirement for the improvement of operational efficiency propels the market growth. Existing computer systems or legacy systems act as hindrances in the market.
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This market is segmented and forecasted on the basis of types, deployments, component, end-user, and geographies. On the basis of types, the market is segmented into claim management system and integrated claim management system. The standalone segment has the maximum share that is also expected to grow at a comparatively higher rate. The market end-users are office-based physicians, hospitals, ambulatory care solutions, medical & diagnostics labs, and other end-users. The maximum revenue of the market is generated from hospitals and is expected to grow at the highest CAGR. The components include hardware-healthcare IT, software-healthcare IT, and services-healthcare IT. As the market is segmented on the basis of deployment, the web-based segment is witnessed to have the highest share, while the cloud-based segment is anticipated to grow at the fastest rate. The market is further segmented and forecasted on the basis of major geographies, such as Japan, India, China, and other geographies. Japan holds the largest share in the Asia claim management system market.
Key insights such as market share, supply chain, and value chain analyses have been provided in the report. Market dynamics such as drivers, restraints, and upcoming opportunities in the market have also been comprehensively explained in this market report. The report also provides a detailed description of the competitive landscape and the company profiles of key players of the Asian claim management system market, such as Cerner Corporation, Oracle Corporation, Avaya Inc., among others.
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