Revenue Cycle Management Market to Garner $329.71 Bn, Globally, by 2030 at 12.7%… – Press Release

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PORTLAND, Ore., March 9, 2022 /PRNewswire/ — Allied Market Research recently published a report, titled, “Revenue Cycle Management Market by Type (Standalone and Integrated), Component, (Software and Services), Deployment (On-premise and Cloud), and End User (Hospitals, Physicians, and Diagnostic & Ambulatory Care Centers): Global Opportunity Analysis and Industry Forecast, 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.

Allied Market Research

Drivers, restraints, and opportunities

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.

Download Report Sample (329 Pages PDF with Insights) at:

https://www.alliedmarketresearch.com/request-sample/2182

Covid-19 scenario:

  • During the Covid-19 pandemic, revenue cycle management played a vital role in monitoring patients’ eligibility and reducing hospital maintenance time.
  • The pandemic had a little impact on the market, but it is expected to offer new opportunities in the future due to rise in demand for healthcare solutions and advanced patient management.

Get detailed COVID-19 impact analysis on the revenue cycle management market: https://www.alliedmarketresearch.com/request-for-customization/2182

The integrated segment dominated the market

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…

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