Continuous Renal Replacement Therapy (CRRT) Market Is Expected To Reach USD 1.4 Billion By 2025

Global Continuous Renal Replacement Therapy (CRRT) Market is expected to reach USD 1.4 billion by 2025, according to a new report by Grand View Research, Inc. The magnitude of the global target diseases, such as kidney diseases, and diabetes, is immense, with millions of new cases registered every year. This in turn is anticipated to boost the usage of CRRT treatment procedure.

Increasing incidence of volume overload, uremia, and hyperkalemia is increasing the application of renal replacement therapy, thereby boosting the overall growth of the market. For individuals suffering from acute kidney injury and severe multi-organ dysfunction, CRRT can prove to be beneficial when started early to maintain metabolic and volume homeostasis. In addition, CRRT prevents further worsening and development of symptoms and signs of renal failure.  

Full Research Report on Global Continuous Renal Replacement Therapy Market Analysis: http://www.grandviewresearch.com/industry-analysis/continuous-renal-replacement-therapy-crrt-market

Further Key Findings from the Study Suggest:

• The market study suggests that consumables segment dominated the overall market in 2016.  The factors triggering the growth the segment are increasing application of hemofilters, fluids, charcoal filters and others consumables in CRRT
• Moreover, constant repeat purchase of consumables due to their one-time use is adding up to the revenue generation for the segment
• Amongst the modality segments, continuous venovenous hemofiltration (CVVH) occupied the largest share in 2016. Increasing incidence of fluid overload cases which is frequently found in acute kidney injury patients in critical care units, would boost growth of CVVH market.
• The continuous venovenous hemodiafiltration (CVVHDF) segment is expected to grow at the highest growth rate during the forecast period.  CVVHDF is associated with improved survival rate when compared to other CRRT modalities due to combination of principles of diffusion and convection, i.e., hemofiltration and hemodialysis using a highly efficient hemodiafilter to remove both solute and fluid.
• North America accounted for the largest share in 2016, due to increasing prevalence of kidney disorders, and congestive heart failure in the region.
• In addition, increasing incidences of acute kidney injury cases leading to increased creatinine level, hyperkalemia, and uremia are a few high impact-rendering drivers for the market in North America.
• Asia Pacific is expected to foresee significant growth during the forecast period. The high-unmet medical needs pertaining to the target disease segment, such as diabetes, hypertension, and chronic kidney disease, coupled with constantly improving healthcare expenditure in the region are some of the key factors attributing to market growth
• Some of the major companies operating in this market are B. Braun Melsungen AG, Baxter International, Inc., Fresenius Medical Care AG & Co. KGaA, Asahi Kasei Corporation, NIPRO Corporation, Toray Medical Co., Ltd, NxStage Medical, Inc., Medtronic plc, and others.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/medical-devices

Grand View Research has segmented the Global Continuous Renal Replacement Therapy (CRRT) Market on the basis of product, modality, and region:

Product Outlook (Revenue, USD Million, 2014 - 2025)

• System
• Consumables

Application Outlook (Revenue, USD Million, 2014 - 2025)

• Slow continuous ultra filtration
• Continuous venovenous hemofiltration
• Continuous venovenous hemodialysis
• Continuous venovenous hemodiafiltration

Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• Asia Pacific
• China
• Japan
• Latin America
• Brazil
• Mexico
• MEA
• South Africa

View press release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-continuous-renal-replacement-therapy-crrt-market      

About Grand View Research 

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

Distributed Fiber Optic Sensor Market Competitive Landscape By Company Profile, Financial Performance, Product And Latest Strategies 2014-2025

Global Distributed Fiber Optic Sensor Market size is expected to reach USD 2.39 billion by 2025, according to a new report by Grand View Research, Inc. Distributed fiber optic sensors are used in a wide range of application sectors such as oil & gas, infrastructure development, civil engineering, and power & utility.

The demand from the civil engineering vertical and the increasing growth opportunities in the oil & gas sector are driving the growth of the distributed fiber optic sensor market. Optical inspection equipment manufacturers are concentrating on ensuring DFOS sensors’ capability of working in a challenging environment. Associated innovation arenas are infrastructure, architecture, and assessment capability.

Numerous challenges and the consistencies and technological complexities that incur in optical inspection process are restricting the market growth. The auxiliary encounters of a DFOS equipment include repairs, reliability challenges, and rework problems. New product developers and visionaries aim to dominate the technology segment by providing exclusive technology offerings and value differentiation.

The growing penetration of the fiber optics technology is encouraging manufacturers and suppliers to invest in research & development for introducing better products. They are optimizing their production processes and regulating efficiencies & prices to curb all other alternatives of the fiber optics technology. As the production & installation processes of DFOS products are reasonably costly, researchers are focusing on developing dependable and competitively priced optic inspection products.

Full Research Report on Global Distributed Fiber Optic Sensor Market Analysis:
http://www.grandviewresearch.com/industry-analysis/distributed-fiber-optic-sensor-sensing-dfos-market

Further key findings from the report suggest:

• The temperature sensing application segment dominated the market (in terms of market size) in 2015. Temperature sensors find solicitations in the oil & gas and civil engineering segments.
• North America dominated the global market and accounted for the largest market share (in terms of revenue) in 2015
• The growing demand for DFOS equipment can be attributed to the ever-growing demand for efficient and optimized processes, across enterprises and manufacturing sectors
• The key industry participants include Yokogawa Electric Corporation (Japan), Halliburton Company (U.S.), Schlumberger Limited (U.S.), and QinetiQ Group plc (U.K.).

View more reports of this category by Grand View Research at:
http://www.grandviewresearch.com/industry/semiconductors-and-electronics

Grand View Research has segmented the Global Distributed Fiber Optic Sensors Market based on applications, technologies, verticals, and regions:

Application Outlook (Revenue, USD Million; 2014 - 2025)

• Temperature Sensing
• Acoustic/Vibration Sensing
• Other

Technology Outlook (Revenue, USD Million; 2014 - 2025)

• Rayleigh Effect
• Brillouin Scattering
• Raman Effect
• Interferometric
• Bragg Grating

Vertical Outlook (Revenue, USD Million; 2014 - 2025)

• Oil and Gas
• Power and Utility
• Safety and Security
• Industrial
• Civil Engineering

Regional Outlook (Revenue, USD Million; 2014 - 2025)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• UK
• Asia Pacific
• China
• Japan
• India
• South America
• Brazil
• The Middle East & Africa

View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-distributed-fiber-optic-sensor-sensing-dfos-market                            

About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

X-Ray Security Screening Market Qualitative Analysis By Industry Overview, Trends, Market Drivers And Restraints 2012-2020

Global X-Ray Security Screening Market is expected to reach USD 2.89 billion by 2020, according to a new study by Grand View Research, Inc. Threats pertaining to piracy, drug trade, cross-border terrorism, human trafficking, etc., are anticipated to fuel global x-ray security screening market demand over the forecast period. The risk of terrorist attack has driven investment in the aviation security. Further, illegal arms, drug trafficking and immigration have heightened border security, which is expected to favorably impact the demand for body & baggage screening systems and explosive detection systems.

The sales of x-ray security and inspection systems significantly rely on the decision of governmental agencies to upgrade or expand existing border crossing inspection sites, airports, seaport inspection sites, military facilities, and other security installations. The decision of governmental agencies to incorporate new systems or to upgrade existing infrastructure plays an important role in driving market demand. Further, the aviation sector has to keep pace with evolving travel environment by adopting several security measures, which is expected to drive the x-ray security screening market over the next few years. Development of flexible security screening systems in order to address terror threats is also anticipated to fuel market demand. In addition, upgrades for existing installations provide opportunities for market growth. However, ionizing radiations generated by x-ray security scanners are known to be carcinogenic, and may hinder market growth over the forecast period.

Full Research Report on Global X-Ray Security Screening Market Analysis:
http://www.grandviewresearch.com/industry-analysis/x-ray-security-screening

Further key findings from the study suggest:

• The transit sector is poised for high growth over the forecast period. X-ray security screening systems are primarily used for baggage screening, and account for substantial usage across the civil aviation sector.
• X-ray security screening exhibits high penetration in the government sector, and accounted for substantial market share in 2013. Upgrades for existing installations are expected to drive the regional market demand, particularly across the border security application. The decision of governmental agencies to incorporate new systems or to upgrade existing infrastructure plays an important role in driving market demand.
• Product screening accounted for considerable market share in 2013, with significant demand originating from the cargo and baggage screening applications.
• North America accounted for a sizable share of the global x-ray security screening market in 2013. The Homeland Security Department has invested heavily in U.S. customs and border security, which is expected to catapult the segment demand over the forecast period.
• A few key industry participants, including OSI Systems (Rapiscan), Smiths Detection, American Science and Engineering, Morpho Detection and Analogic Corporation are constantly innovating with considerable R&D investments to gain competitve advantage, and maintain strong market position.

View more reports of this category by Grand View Research at:
http://www.grandviewresearch.com/industry/electronic-security-systems-and-devices

For the purpose of this study, Grand View Research has segmented the Global X-Ray Security Screening Market on the basis of end-use, application and region:

X-Ray Security Screening End-Use Outlook (Revenue, USD Million, 2012 - 2020)

• Transit
• Commercial
• Government

X-Ray Security Screening Application Outlook (Revenue, USD Million, 2012 - 2020)

• People Screening
• Product Screening

X-Ray Security Screening Regional Outlook (USD Million, 2012 - 2020)

• North America
• Europe
• Asia Pacific
• RoW

View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-x-ray-security-screening-market                           

About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Silanes Market Size Is Likely To Reach $2.15 Billion By 2025

Global Silanes Market is expected to reach USD 2.15 billion by 2025, according to a new report by Grand View Research, Inc. The use of silane in various end-user industries as a cross-linker and coupling agent has fueled the product demand.

Silane, a versatile silicone compound, is used in coupling, crosslinking, adhesion promotion, and surface modification. It imparts tear resistance, abrasion resistance, and tear propagation resistance properties to rubbers. Rubbers used in automotive tires, shoe soles, and hoses are manufactured using silanes.

It is used as an adhesion promoter in coatings to improve their abrasion resistance, UV resistance, and flow behavior. The rising demand for corrosion protection coatings has propelled the silanes market in the paints & coatings application in the recent past.

Asia Pacific dominated the global silane market in 2016 and is likely to maintain its leading position over the forecast period. The significant growth of the paints & coatings market, especially in China, has propelled the demand for silane over the past few years. Furthermore, increased production of rubber and plastic goods in Asia Pacific has boosted this demand.

Full Research Report On Global Silanes Market Analysis:
http://www.grandviewresearch.com/industry-analysis/silane-market

Further key findings from the report suggest:

• The global silanes market was valued at USD 1.48 billion in 2016 and is anticipated to record a CAGR of 4.3% from 2017 to 2025 owing to the rising demand for the product in paints & coatings worldwide
• Mono/chloro silane was the largest product segment in the market, accounting for around 26% of the market revenue in 2016 owing to its superior performance in various applications. The segment is projected to register the highest CAGR of 5.2% from 2017 to 2025.
• Amino was the second-largest consumed product variety in the global market in 2016 and this trend is projected to continue over the forecast period. Its advantageous ability to reinforce and strengthen chemical bonding has promoted its usage as a coupling agent and adhesion promoter.
• Paints & coatings was the largest application segment in the market, holding a share of over 31% in the global revenue in 2016. The ability of silane to enhance scratch resistance and abrasion resistance properties of coatings has propelled the product demand in the paints & coatings segment.
• Rubber & plastics is predicted to be another key application segment in the market over the next few years. The worldwide focus to reduce fuel consumption and CO2 emissions has encouraged the product usage in automotive tires over the past few years.
• Asia Pacific held the largest share in the global market and is expected to reflect a steady CAGR from 2017 to 2025. In 2016, China was the major consumer in this region followed by India.
• In 2016, North America was the second-leading region in the global market, mainly driven by a significant demand for the product in the U.S.
• Key players include Evonik Industries AG; Shin Etsu Chemical Co., Ltd.; Wacker Chemie AG; Momentive Performance Materials, Inc.; and Dow Corning. Majority of the manufacturers are engaged in innovation and extensive research & development to expand their product portfolio and application areas.

View more reports of this category by Grand View Research at:
http://www.grandviewresearch.com/industry/paints-coatings-and-printing-inks

Grand View Research has segmented the Global Silane Market on the basis of product, application, and region:

Product Outlook (Volume, Kilotons; Revenue, USD Million; 2014 - 2025)

• Alkyl silane
• Sulfur silane
• Amino silane
• Vinyl silane
• Epoxy silane
• Methacrylate silane
• Mono/chloro silane

Application Outlook (Volume, Kilotons; Revenue, USD Million; 2014 - 2025)

• Paints & coatings
• Adhesives and sealants
• Rubber & plastics
• Fiber treatment
• Others

Regional Outlook (Volume, Kilotons; Revenue, USD Million; 2014 - 2025)

• North America
• U.S.
• Europe
• Germany
• UK
• Asia Pacific
• China
• India
• Japan
• Central & South America
• Brazil
• Middle East & Africa
• Saudi Arabia

View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-silane-market                          

About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Bare Die Shipping & Handling and Processing & Storage Market Is Anticipated To Reach $1.42 Billion By 2025

Global Bare Die Shipping & Handling And Processing & Storage Market is expected to reach USD 1.42 billion by 2025, according to a new report by Grand View Research, Inc. High demand for bare die in application industries including computers and consumer electronics is expected to drive market growth.

The increasing complexity of automotive electronics including GPS systems and sensors is expected to be a key aspect for integrated circuits (ICs) industry growth. Rising utilization of ICs across various end-use industries is expected to have a positive impact on the demand for bare dies, which in turn is used extensively for shipping & handling.

The use of shipping tubes, trays, and carrier tapes has increased significantly owing to the use of raw materials such as PTFE and HDPE by product manufacturers. These materials are highly resistant to chemicals, heat and moisture, which has led the bare die manufacturers to rely on the carrier products, resulting in market growth for shipping tubes, trays and carrier tapes.

The major players in the industry including Entegris and Micross invest in R&D projects to enhance the performance of the current products and develop new improved carrier products to gain a competitive edge over the other players in the industry. Small scale manufacturers cater to the local market and focus on customer retention to ensure constant demand. 

Full Research Report On Global Bare Die Shipping & Handling and Processing & Storage Market Analysis:
http://www.grandviewresearch.com/industry-analysis/bare-die-shipping-handling-processing-storage-market

Further key findings from the report suggest:

• Trays accounted for 88.1% in 2016 of the overall revenue share on account of the rising penetration of waffle packs and gel packs in shipping & handling and processing & storage applications
• The demand for carrier tapes is expected to witness substantial growth over the forecast period, growing at CAGR of 8.3% on account of the use of improved raw materials to meet a variety of shipping & handling needs
• Trays in communications accounted for a significant share as bare die are highly delicate and trays provide optimum safety and reduce the margin of breakage, the demand for the product in communications is expected to witness substantial growth
• Taiwan accounted for 30.2% of the overall volume share in 2016 as it is the largest consumer of the carrier products owing to the presence of large number of silicon wafer fabricators catering to the global market
• North America accounted for the second largest revenue share in 2016 on account of the presence of major bare die and IC manufacturers in the country coupled with increasing exports of bare die to the international markets
• The increasing investments made by the government in manufacturing sector in the emerging economies is expected to attract the major industry contributors such as Entegris, Inc. and Micross

View more reports of this category by Grand View Research at:
http://www.grandviewresearch.com/industry/semiconductors

Grand View Research has segmented the Global Bare Die Shipping & Handling And Processing & Storage Market on the basis of product, end-use by product and region:

Product Outlook (Volume, Million Units; Revenue, USD Million, 2014 - 2025)

• Shipping Tubes
• Trays
• Waffle packs
• Metal trays
• Gel packs
• Carrier Tapes
• Others

End-Use, by Product Outlook (Volume, Million Units; Revenue, USD Million, 2014 - 2025)

• Communications
• Shipping Tubes
• Trays
• Carrier Tapes
• Others
• Computers
• Shipping Tubes
• Trays
• Carrier Tapes
• Others
• Consumer Electronics
• Shipping Tubes
• Trays
• Carrier Tapes
• Others
• Automotive
• Shipping Tubes
• Trays
• Carrier Tapes
• Others
• Industrial & Medical
• Shipping Tubes
• Trays
• Carrier Tapes
• Others
• Defense
• Shipping Tubes
• Trays
• Carrier Tapes
• Others

Regional Outlook (Volume, Million Units; Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Europe
• Germany
• France
• Asia Pacific
• China
• South Korea
• Japan
• Taiwan
• Central & South America
• Brazil
• Middle East & Africa

View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-bare-die-shipping-handling-processing-storage-market                         

About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Wearable Injectors Industry Outlook By Executive Summary, Market Variables, Trends And Scope 2014-2025

Global Wearable Injectors Market is anticipated to reach USD 11.3 billion by 2025, according to a new report by Grand View Research, Inc. The market is expected to witness lucrative growth during the forecast period owing to technological advancements in wearable injectors coupled with rising demand for round-the-clock monitoring. The paradigm shift towards self-administration of injectable is expected to drive the market during the forecast period. In addition, increasing awareness and rising adoption of wearable injectors are expected to assist in growth.

Technological advancements in wearable injectors, such as Bluetooth integrated wearable injectors, enable sending alerts to patients, such as injection reminders, and provide patients access to data regarding their therapy regime. Also, optional smart functionality provides connectivity to the healthcare network. Some of these devices have buttons that are accessible through clothing, and others prevent accidental activation. They also have audio and visual status indicators or signals. Patients can self-administer drugs subcutaneously in less time and with minimal effort as compared to intravenous or other routes. Patients are not required to visit any healthcare provider for administration.

Prevalence of lifestyle-associated diseases, such as diabetes and hypertension, is expected to increase during the forecast period. These diseases demand round-the-clock monitoring of various physiological parameters, such as blood pressure and blood sugar levels. Thus, integration of healthcare data with wearable injectors, which gets forwarded to physicians or doctors giving them real-time access with minimal errors, is expected to boost the wearable injectors market.

Full Research Report On Global Wearable Injectors Market Analysis:
http://www.grandviewresearch.com/industry-analysis/wearable-injectors-market

Further Key Findings From the Study Suggest:

• The on-body segment held lucrative market share in 2016, owing to growing preference of patients for adhesive patches that release the drug easily and can be worn on the skin
• The motor-driven segment is expected to register the highest growth over the forecast period owing to increasing demand from hospitals, clinics, retail chain stores, and pharmacies
• The oncology segment is expected to gain the largest market share due to increasing incidence of cancer worldwide
• North America is expected to dominate the wearable injectors market over the forecast period due to rising demand for innovative Information Technology (IT) solutions to streamline workflow and increasing regulatory requirements to ensure patient safety
• Some of the key players in wearable injectors market are Becton, Dickinson and Company; Johnson & Johnson Services, Inc.; F. Hoffmann-La Roche Ltd.; Unilife Corporation; SteadyMed Therapeutics, Inc.; Amgen, Inc.; Insulet Corporation; Enable Injections; West Pharmaceutical Services, Inc.; and CeQur SA.

View more reports of this category by Grand View Research at: 

http://www.grandviewresearch.com/industry/medical-devices

Grand View Research has segmented the Global Wearable Injectors Market on the basis of type, technology, application, end use, and region:

Type Outlook (Revenue, USD Million, 2014 - 2025)

• On-body
• Off-body

Technology Outlook (Revenue, USD Million, 2014 - 2025)

• Spring-based
• Motor-driven
• Rotary Pump
• Expanding Battery
• Other

Application Outlook (Revenue, USD Million, 2014 - 2025)

• Oncology
• Infectious Disease
• Cardiovascular Disease
• Autoimmune Disease
• Other

End-use Outlook (Revenue, USD Million, 2014 - 2025)

• Hospital
• Clinic
• Home Care
• Other

Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• France
• Asia Pacific
• Japan
• China
• Latin America
• Brazil
• Mexico
• Middle East and Africa (MEA)
• South Africa

View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-wearable-injectors-market                        

About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Healthcare Payer Services Market Study Report Provides An Analysis Of The Industry Trends In Each Of The Sub-Segments From 2013-2024

Global Healthcare Payer Services Market is anticipated to reach USD 69.2 billion by 2024, according to a new report by Grand View Research. The key factors driving the market include the increasing demand for streamlined business processes and better customer services through the adoption of cost effective strategies. 

The growing usage of advanced technologies to deliver economical business process services, rising adoption of digital technology, increasing focus on consumerism, and the presence of stringent healthcare regulatory policies are certain crucial factors boosting the healthcare payer services market in the coming years. Some of the key participants, such as Accenture, Cognizant, EXL, HP Development Company, L.P., Concentrix Corporation, and others, are primarily focusing on incorporating mobility technology with health plans to engage enrolled members. 

Moreover, the growing private healthcare insurance exchanges, increasing IT investments, and with the Affordable Care Act (ACA) in effect, the market is set to grow. The increasing demand to curb the overall administrative costs of member management services, increasing demand for cost effective solutions for the healthcare payer services, and the growing number of healthcare fraud cases are few determinants that are expected to propel the market growth over the forecast period. 

Some established players including United Healthcare, Inc., Anthem, Inc., Aetna, Inc., Accenture, Cognizant, Dell, HP Development Company, L.P., and Xerox Corporation are expanding their footprint through the implementation of various technologies such as digital technology and contract models. The technological advancements in the overall healthcare payer services system are anticipated to positively reinforce the market growth.  

Full Research Report on Global Healthcare Payer Services Market Analysis:
http://www.grandviewresearch.com/industry-analysis/healthcare-payer-services-market

Further Key Findings from the Study Suggest:

• In 2015, the BPO segment accounted for the maximum revenue share of 51.7%. The growing number of people enrolling for the insurance program, increasing pressure to bend the healthcare cost curve, and the rising implementation of ICD-10 codes are driving this segment’s growth. However, the KPO segment is expected to emerge as the fastest growing with a CAGR of 17.9%. Increasing demand for accurate claim resolution and the reduction of fraud incidences are some of the factors that are expected to drive the market over the forecast period.
• In 2015, North America was a clear leader with a revenue share of 77.31%. The growing insurance enrollment, lack of low-cost skilled professionals, and the increasing demand for an integrated healthcare system are accountable for the large market share captured by this segment.
• Asia Pacific is expected to emerge as the fastest growing region with a CAGR of 10.8% during the forecast period. The Southeast Asian region is one of the major outsourcing destinations in the world. The region includes Malaysia, Singapore, Vietnam, Philippines, India, China, and many more, which are predominately involved in carrying out outsourcing activities. The presence of skilled workforce to provide high-end process services, such as software development and application development management, is one of the prominent factors driving the Asia Pacific healthcare payer services market in the coming years.
• The healthcare payer services market is presently dominated by few key participants, such as United Healthcare, Inc., Anthem, Inc., Aetna, Inc., Cigna, Humana, Inc., Accenture, Xerox Corporation, Genpact, IBM Corporation, and Cognizant. The healthcare payer services players initiate merger & acquisition and corporate development strategies primarily to further expand their reach in various other verticals. For instance, Wipro Limited had acquired HealthPlan Services for approximately USD 460 million to diversify its health insurance product portfolio. 

View more reports of this category by Grand View Research at:
http://www.grandviewresearch.com/industry/healthcare-it

Grand View Research has segmented the Global Healthcare Payer Services Market by outsourcing services, application, end use, and region: 

Healthcare Payer Services Market Outsourcing Services Outlook (Market revenue in USD Billion, 2013 - 2024)

• BPO
• KPO
• ITO

Healthcare Payer Services Market Application Outlook (Market Revenue in USD Billion, 2013 - 2024)

• Claims Management Services
• Integrated Front Office Service and Back Office Operations
• Member Management Services
• Provider Management Services
• Billing and Accounts Management Services
• Analytics and Fraud Management Services
• HR Services 

Healthcare Payer Services Market End-use Outlook (Market Revenue in USD Billion, 2013 - 2024)

• Private Payer
• Public Payer

Healthcare Payer Services Market Regional Outlook (Market Revenue in USD Billion, 2013 - 2024)

• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• Asia Pacific
• Japan
• China
• India
• Latin America
• Brazil
• Mexico
• Middle East and Africa
• South Africa

View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-healthcare-payer-services-market                         

About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com