Outsourcing medical billing The market was estimated to be worth USD 11.5 billion in 2021 and is anticipated to grow to USD 25.7 billion by 2028, at a CAGR of 12.2% over the forecast period (2022-2028
Medical Billing Outsourcing Market Analysis
The medical billing outsourcing market was dominated by the outsourced category in 2021 when held the highest revenue share of 52.5 % . It is anticipated that during 2022 to 2030 the revenue share will be with highest CAGR.
Global Medical Billing Outsourcing Market Regional Insights
- North America held the largest share of the medical billing outsourcing market due to the evaluation of medical systems , medical code implementations, developments in IT healthcare technology
- The rising desire due to cost-cutting measures in health care industry is what driving the growth for medical billing outsourcing market in Europe.