The global Medical Billing Outsourcing market size is predicted to grow from US$ 13490 million in 2025 to US$ 23890 million in 2031; it is expected to grow at a CAGR of 10.0% from 2025 to 2031.
According to our research, the global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.
The 鈥淢edical Billing Outsourcing Industry Forecast鈥� looks at past sales and reviews total world Medical Billing Outsourcing sales in 2024, providing a comprehensive analysis by region and market sector of projected Medical Billing Outsourcing sales for 2025 through 2031. With Medical Billing Outsourcing sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Medical Billing Outsourcing industry.
This Insight Report provides a comprehensive analysis of the global Medical Billing Outsourcing landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Medical Billing Outsourcing portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Medical Billing Outsourcing market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Medical Billing Outsourcing and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Medical Billing Outsourcing.
This report presents a comprehensive overview, market shares, and growth opportunities of Medical Billing Outsourcing market by product type, application, key players and key regions and countries.
Segmentation by Type:
In-House
Outsourced
Segmentation by Application:
Hospitals
Physician Offices
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Claimcare
Cognizant Technology Solutions
Covance
CureMD
GeBBS Healthcare
Genpact
HCL Technologies
Healthcare Administrative Partners
ICON Medical Billing
INFINIT Healthcare
Infosys
Invensis
Kareo
Mba Healthgroup
Millensys
Mphasis
Outsource Management Group
Parexel International
Quintiles
TCS
Vee Technologies
WNS
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Medical Billing Outsourcing Market Size (2020-2031)
2.1.2 Medical Billing Outsourcing Market Size CAGR by Region (2020 VS 2024 VS 2031)
2.1.3 World Current & Future Analysis for Medical Billing Outsourcing by Country/Region (2020, 2024 & 2031)
2.2 Medical Billing Outsourcing Segment by Type
2.2.1 In-House
2.2.2 Outsourced
2.3 Medical Billing Outsourcing Market Size by Type
2.3.1 Medical Billing Outsourcing Market Size CAGR by Type (2020 VS 2024 VS 2031)
2.3.2 Global Medical Billing Outsourcing Market Size Market Share by Type (2020-2025)
2.4 Medical Billing Outsourcing Segment by Application
2.4.1 Hospitals
2.4.2 Physician Offices
2.4.3 Others
2.5 Medical Billing Outsourcing Market Size by Application
2.5.1 Medical Billing Outsourcing Market Size CAGR by Application (2020 VS 2024 VS 2031)
2.5.2 Global Medical Billing Outsourcing Market Size Market Share by Application (2020-2025)
3 Medical Billing Outsourcing Market Size by Player
3.1 Medical Billing Outsourcing Market Size Market Share by Player
3.1.1 Global Medical Billing Outsourcing Revenue by Player (2020-2025)
3.1.2 Global Medical Billing Outsourcing Revenue Market Share by Player (2020-2025)
3.2 Global Medical Billing Outsourcing Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Medical Billing Outsourcing by Region
4.1 Medical Billing Outsourcing Market Size by Region (2020-2025)
4.2 Global Medical Billing Outsourcing Annual Revenue by Country/Region (2020-2025)
4.3 Americas Medical Billing Outsourcing Market Size Growth (2020-2025)
4.4 APAC Medical Billing Outsourcing Market Size Growth (2020-2025)
4.5 Europe Medical Billing Outsourcing Market Size Growth (2020-2025)
4.6 Middle East & Africa Medical Billing Outsourcing Market Size Growth (2020-2025)
5 Americas
5.1 Americas Medical Billing Outsourcing Market Size by Country (2020-2025)
5.2 Americas Medical Billing Outsourcing Market Size by Type (2020-2025)
5.3 Americas Medical Billing Outsourcing Market Size by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Medical Billing Outsourcing Market Size by Region (2020-2025)
6.2 APAC Medical Billing Outsourcing Market Size by Type (2020-2025)
6.3 APAC Medical Billing Outsourcing Market Size by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Medical Billing Outsourcing Market Size by Country (2020-2025)
7.2 Europe Medical Billing Outsourcing Market Size by Type (2020-2025)
7.3 Europe Medical Billing Outsourcing Market Size by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Medical Billing Outsourcing by Region (2020-2025)
8.2 Middle East & Africa Medical Billing Outsourcing Market Size by Type (2020-2025)
8.3 Middle East & Africa Medical Billing Outsourcing Market Size by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Medical Billing Outsourcing Market Forecast
10.1 Global Medical Billing Outsourcing Forecast by Region (2026-2031)
10.1.1 Global Medical Billing Outsourcing Forecast by Region (2026-2031)
10.1.2 Americas Medical Billing Outsourcing Forecast
10.1.3 APAC Medical Billing Outsourcing Forecast
10.1.4 Europe Medical Billing Outsourcing Forecast
10.1.5 Middle East & Africa Medical Billing Outsourcing Forecast
10.2 Americas Medical Billing Outsourcing Forecast by Country (2026-2031)
10.2.1 United States Market Medical Billing Outsourcing Forecast
10.2.2 Canada Market Medical Billing Outsourcing Forecast
10.2.3 Mexico Market Medical Billing Outsourcing Forecast
10.2.4 Brazil Market Medical Billing Outsourcing Forecast
10.3 APAC Medical Billing Outsourcing Forecast by Region (2026-2031)
10.3.1 China Medical Billing Outsourcing Market Forecast
10.3.2 Japan Market Medical Billing Outsourcing Forecast
10.3.3 Korea Market Medical Billing Outsourcing Forecast
10.3.4 Southeast Asia Market Medical Billing Outsourcing Forecast
10.3.5 India Market Medical Billing Outsourcing Forecast
10.3.6 Australia Market Medical Billing Outsourcing Forecast
10.4 Europe Medical Billing Outsourcing Forecast by Country (2026-2031)
10.4.1 Germany Market Medical Billing Outsourcing Forecast
10.4.2 France Market Medical Billing Outsourcing Forecast
10.4.3 UK Market Medical Billing Outsourcing Forecast
10.4.4 Italy Market Medical Billing Outsourcing Forecast
10.4.5 Russia Market Medical Billing Outsourcing Forecast
10.5 Middle East & Africa Medical Billing Outsourcing Forecast by Region (2026-2031)
10.5.1 Egypt Market Medical Billing Outsourcing Forecast
10.5.2 South Africa Market Medical Billing Outsourcing Forecast
10.5.3 Israel Market Medical Billing Outsourcing Forecast
10.5.4 Turkey Market Medical Billing Outsourcing Forecast
10.6 Global Medical Billing Outsourcing Forecast by Type (2026-2031)
10.7 Global Medical Billing Outsourcing Forecast by Application (2026-2031)
10.7.1 GCC Countries Market Medical Billing Outsourcing Forecast
11 Key Players Analysis
11.1 Claimcare
11.1.1 Claimcare Company Information
11.1.2 Claimcare Medical Billing Outsourcing Product Offered
11.1.3 Claimcare Medical Billing Outsourcing Revenue, Gross Margin and Market Share (2020-2025)
11.1.4 Claimcare Main Business Overview
11.1.5 Claimcare Latest Developments
11.2 Cognizant Technology Solutions
11.2.1 Cognizant Technology Solutions Company Information
11.2.2 Cognizant Technology Solutions Medical Billing Outsourcing Product Offered
11.2.3 Cognizant Technology Solutions Medical Billing Outsourcing Revenue, Gross Margin and Market Share (2020-2025)
11.2.4 Cognizant Technology Solutions Main Business Overview
11.2.5 Cognizant Technology Solutions Latest Developments
11.3 Covance
11.3.1 Covance Company Information
11.3.2 Covance Medical Billing Outsourcing Product Offered
11.3.3 Covance Medical Billing Outsourcing Revenue, Gross Margin and Market Share (2020-2025)
11.3.4 Covance Main Business Overview
11.3.5 Covance Latest Developments
11.4 CureMD
11.4.1 CureMD Company Information
11.4.2 CureMD Medical Billing Outsourcing Product Offered
11.4.3 CureMD Medical Billing Outsourcing Revenue, Gross Margin and Market Share (2020-2025)
11.4.4 CureMD Main Business Overview
11.4.5 CureMD Latest Developments
11.5 GeBBS Healthcare
11.5.1 GeBBS Healthcare Company Information
11.5.2 GeBBS Healthcare Medical Billing Outsourcing Product Offered
11.5.3 GeBBS Healthcare Medical Billing Outsourcing Revenue, Gross Margin and Market Share (2020-2025)
11.5.4 GeBBS Healthcare Main Business Overview
11.5.5 GeBBS Healthcare Latest Developments
11.6 Genpact
11.6.1 Genpact Company Information
11.6.2 Genpact Medical Billing Outsourcing Product Offered
11.6.3 Genpact Medical Billing Outsourcing Revenue, Gross Margin and Market Share (2020-2025)
11.6.4 Genpact Main Business Overview
11.6.5 Genpact Latest Developments
11.7 HCL Technologies
11.7.1 HCL Technologies Company Information
11.7.2 HCL Technologies Medical Billing Outsourcing Product Offered
11.7.3 HCL Technologies Medical Billing Outsourcing Revenue, Gross Margin and Market Share (2020-2025)
11.7.4 HCL Technologies Main Business Overview
11.7.5 HCL Technologies Latest Developments
11.8 Healthcare Administrative Partners
11.8.1 Healthcare Administrative Partners Company Information
11.8.2 Healthcare Administrative Partners Medical Billing Outsourcing Product Offered
11.8.3 Healthcare Administrative Partners Medical Billing Outsourcing Revenue, Gross Margin and Market Share (2020-2025)
11.8.4 Healthcare Administrative Partners Main Business Overview
11.8.5 Healthcare Administrative Partners Latest Developments
11.9 ICON Medical Billing
11.9.1 ICON Medical Billing Company Information
11.9.2 ICON Medical Billing Medical Billing Outsourcing Product Offered
11.9.3 ICON Medical Billing Medical Billing Outsourcing Revenue, Gross Margin and Market Share (2020-2025)
11.9.4 ICON Medical Billing Main Business Overview
11.9.5 ICON Medical Billing Latest Developments
11.10 INFINIT Healthcare
11.10.1 INFINIT Healthcare Company Information
11.10.2 INFINIT Healthcare Medical Billing Outsourcing Product Offered
11.10.3 INFINIT Healthcare Medical Billing Outsourcing Revenue, Gross Margin and Market Share (2020-2025)
11.10.4 INFINIT Healthcare Main Business Overview
11.10.5 INFINIT Healthcare Latest Developments
11.11 Infosys
11.11.1 Infosys Company Information
11.11.2 Infosys Medical Billing Outsourcing Product Offered
11.11.3 Infosys Medical Billing Outsourcing Revenue, Gross Margin and Market Share (2020-2025)
11.11.4 Infosys Main Business Overview
11.11.5 Infosys Latest Developments
11.12 Invensis
11.12.1 Invensis Company Information
11.12.2 Invensis Medical Billing Outsourcing Product Offered
11.12.3 Invensis Medical Billing Outsourcing Revenue, Gross Margin and Market Share (2020-2025)
11.12.4 Invensis Main Business Overview
11.12.5 Invensis Latest Developments
11.13 Kareo
11.13.1 Kareo Company Information
11.13.2 Kareo Medical Billing Outsourcing Product Offered
11.13.3 Kareo Medical Billing Outsourcing Revenue, Gross Margin and Market Share (2020-2025)
11.13.4 Kareo Main Business Overview
11.13.5 Kareo Latest Developments
11.14 Mba Healthgroup
11.14.1 Mba Healthgroup Company Information
11.14.2 Mba Healthgroup Medical Billing Outsourcing Product Offered
11.14.3 Mba Healthgroup Medical Billing Outsourcing Revenue, Gross Margin and Market Share (2020-2025)
11.14.4 Mba Healthgroup Main Business Overview
11.14.5 Mba Healthgroup Latest Developments
11.15 Millensys
11.15.1 Millensys Company Information
11.15.2 Millensys Medical Billing Outsourcing Product Offered
11.15.3 Millensys Medical Billing Outsourcing Revenue, Gross Margin and Market Share (2020-2025)
11.15.4 Millensys Main Business Overview
11.15.5 Millensys Latest Developments
11.16 Mphasis
11.16.1 Mphasis Company Information
11.16.2 Mphasis Medical Billing Outsourcing Product Offered
11.16.3 Mphasis Medical Billing Outsourcing Revenue, Gross Margin and Market Share (2020-2025)
11.16.4 Mphasis Main Business Overview
11.16.5 Mphasis Latest Developments
11.17 Outsource Management Group
11.17.1 Outsource Management Group Company Information
11.17.2 Outsource Management Group Medical Billing Outsourcing Product Offered
11.17.3 Outsource Management Group Medical Billing Outsourcing Revenue, Gross Margin and Market Share (2020-2025)
11.17.4 Outsource Management Group Main Business Overview
11.17.5 Outsource Management Group Latest Developments
11.18 Parexel International
11.18.1 Parexel International Company Information
11.18.2 Parexel International Medical Billing Outsourcing Product Offered
11.18.3 Parexel International Medical Billing Outsourcing Revenue, Gross Margin and Market Share (2020-2025)
11.18.4 Parexel International Main Business Overview
11.18.5 Parexel International Latest Developments
11.19 Quintiles
11.19.1 Quintiles Company Information
11.19.2 Quintiles Medical Billing Outsourcing Product Offered
11.19.3 Quintiles Medical Billing Outsourcing Revenue, Gross Margin and Market Share (2020-2025)
11.19.4 Quintiles Main Business Overview
11.19.5 Quintiles Latest Developments
11.20 TCS
11.20.1 TCS Company Information
11.20.2 TCS Medical Billing Outsourcing Product Offered
11.20.3 TCS Medical Billing Outsourcing Revenue, Gross Margin and Market Share (2020-2025)
11.20.4 TCS Main Business Overview
11.20.5 TCS Latest Developments
11.21 Vee Technologies
11.21.1 Vee Technologies Company Information
11.21.2 Vee Technologies Medical Billing Outsourcing Product Offered
11.21.3 Vee Technologies Medical Billing Outsourcing Revenue, Gross Margin and Market Share (2020-2025)
11.21.4 Vee Technologies Main Business Overview
11.21.5 Vee Technologies Latest Developments
11.22 WNS
11.22.1 WNS Company Information
11.22.2 WNS Medical Billing Outsourcing Product Offered
11.22.3 WNS Medical Billing Outsourcing Revenue, Gross Margin and Market Share (2020-2025)
11.22.4 WNS Main Business Overview
11.22.5 WNS Latest Developments
12 Research Findings and Conclusion
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*If Applicable.
