Healthcare IT
Global healthcare BPO market reports Research and Forecast, 2017-2022
The global healthcare BPO market reports is anticipated to grow with the CAGR of 10.3% during the period 2017-2022. Implementation of patient protection and affordable care act (PPACA) and patent expiration of the blockbuster drugs are the major factors that are augmenting the demand of the market. Furthermore, complex clinical trial protocols, increasing pressure to minimize the healthcare cost and availability of the skilled workforce for low cost in emerging countries such as India are also estimated to be one of the major factors that are driving the growth of the market. However, data security and confidentiality concern and fear of losing vision and control over business process are the major restraints that are hindering the growth of the market. Besides these constraints, improving healthcare infrastructure in emerging economies coupled with the implementation of the ICD-10 Codes are estimated to develop numerous growth opportunities for the market during the forecast period.
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