This report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
The healthcare business process outsourcing (BPO) market size has grown rapidly in recent years. It will grow from $321.15 billion in 2024 to $356.65 billion in 2025 at a compound annual growth rate (CAGR) of 11.1%. The growth in the historic period can be attributed to cost efficiency and operational optimization, rising demand for specialized services, data security and patient privacy concerns, shift towards value-based care models, impact of globalization in healthcare.
The healthcare business process outsourcing (BPO) market size is expected to see rapid growth in the next few years. It will grow to $554.8 billion in 2029 at a compound annual growth rate (CAGR) of 11.7%. The growth in the forecast period can be attributed to enhanced patient-centric solutions, global expansion and multilingual services, post-pandemic remote service demand, evolution of value-based care models, heightened focus on data security. Major trends in the forecast period include focus on customer experience and patient engagement, strategic partnerships and collaborations, globalization of healthcare services, COVID-19 pandemic impact, shift towards value-based care models.
The growing number of drug developments is expected to drive the expansion of the healthcare business process outsourcing (BPO) market in the future. Drug development involves the discovery, research, testing, and market introduction of new medications designed to treat, prevent, or manage medical conditions. Healthcare BPO companies play a vital role in assisting pharmaceutical firms with the complexities of drug development, regulatory compliance, and market access, thereby making the drug development process more efficient and effective. For example, according to the official website of the Government of Canada, in 2022, there were over 9,000 new medicines at various stages of clinical development, up from nearly 8,500 the year before. Therefore, the increasing number of drug developments is fueling the growth of the healthcare business process outsourcing (BPO) market.
The escalating frequency of data breaches is expected to drive the growth of the healthcare business process outsourcing market. Data breaches involve unauthorized access or disclosure of sensitive information, emphasizing the critical importance of robust data handling procedures and security protocols. Healthcare BPO providers implement stringent measures to safeguard patient data, addressing the increasing threat of data breaches. The rising global average cost per compromised record in a data breach, reaching $164 in 2022, highlights the urgency for effective measures against data threats. Consequently, the surge in data breaches is a significant factor contributing to the growth of the healthcare business process outsourcing market.
Leading companies in the healthcare business process outsourcing (BPO) market are adopting innovative strategies, including the integration of artificial intelligence (AI) platforms such as the AGS AI Platform, to enhance revenue cycle management (RCM) processes. The AGS AI Platform leverages AI technologies such as machine learning and natural language processing to automate tasks, identify patterns, and make recommendations. Launched by AGS Health LLC, this platform aims to improve efficiency, effectiveness, and patient experience within the revenue cycle management process.
In November 2023, Thoma Bravo, LLC, a US-based private equity firm, acquired NextGen Healthcare for $1.8 billion. This acquisition is intended to drive innovation in cloud-based healthcare technology, fostering the growth and development of NextGen Healthcare's products. The partnership capitalizes on Thoma Bravo's expertise to advance NextGen’s goal of enhancing patient outcomes and improving provider efficiency. NextGen Healthcare Inc. is a US-based healthcare technology company that offers integrated software solutions aimed at improving clinical, financial, and operational outcomes for healthcare organizations.
Major companies operating in the healthcare business process outsourcing (bpo) market report are UnitedHealth Group Incorporated, Accenture PLC, International Business Machines Corporation (IBM), Tata Consultancy Services Limited, Cognizant Technology Solutions Corporation, IQVIA Holdings Inc., Quintiles IMS Holdings Inc., HCL Technologies Limited, Infosys Limited, Wipro Limited, DSM Pharma, Sutherland Global Services Inc., Xerox Holdings Corporation, Genpact Limited, Access Healthcare Services Pvt. Ltd., Parexel International Corporation, R1 RCM Inc., NTT Data Corporation, EXLService Holdings Inc., Sykes Enterprises Incorporated, WNS Limited, Firstsource Solutions Limited, Invensis Technologies Pvt. Ltd., Omega Healthcare Investors Inc., Hinduja Global Solutions Limited, Mphasis Limited, GeBBS Healthcare Solutions Inc., Akurate Management Solutions Pvt Ltd., Gevity Consulting Inc., Octopus Tech Solutions Pvt Ltd.
North America was the largest region in the healthcare business process outsourcing (BPO) market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the healthcare business process outsourcing (bpo) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the healthcare business process outsourcing (bpo) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The healthcare business process outsourcing (BPO) market consists of revenues earned by entities by providing services such as medical document management services, pharmacy information management services, laboratory information management services, business process management services, and supply chain management services. The market value includes the value of related goods sold by the service provider or included within the service offering. The healthcare business process outsourcing (BPO) market also includes sales of medical coding and billing devices, which are used in providing healthcare business process outsourcing (BPO) services. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
Healthcare business process outsourcing (BPO) involves contracting an external service provider to manage non-clinical or non-core activities within a healthcare organization. This practice is implemented across various functions in the healthcare industry to enhance efficiency, reduce costs, ensure compliance, and enable healthcare organizations to concentrate on their primary mission of delivering patient care.
The primary types of healthcare business process outsourcing (BPO) include provider outsourcing services, payer outsourcing services, operational outsourcing services, and information technology infrastructure management services. Provider outsourcing services involve healthcare organizations or providers outsourcing specific functions or services, such as revenue cycle management, patient enrollment, and patient care. Payer services encompass claims management, product development, business acquisition, member management, provider management, care management, integrated front-end services, back-office operations, billing and accounts management services, as well as human resources (HR) services. These services extend to solutions such as manufacturing, research and development, and non-clinical services, catering to various end-users including healthcare providers, healthcare payers, and others.
The healthcare business process outsourcing (BPO) market research report is one of a series of new reports that provides healthcare business process outsourcing (BPO) market statistics, including healthcare business process outsourcing (BPO) industry global market size, regional shares, competitors with a healthcare business process outsourcing (BPO) market share, detailed healthcare business process outsourcing (BPO) market segments, market trends and opportunities, and any further data you may need to thrive in the healthcare business process outsourcing (BPO) industry. This healthcare business process outsourcing (BPO) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The healthcare business process outsourcing (BPO) market size has grown rapidly in recent years. It will grow from $321.15 billion in 2024 to $356.65 billion in 2025 at a compound annual growth rate (CAGR) of 11.1%. The growth in the historic period can be attributed to cost efficiency and operational optimization, rising demand for specialized services, data security and patient privacy concerns, shift towards value-based care models, impact of globalization in healthcare.
The healthcare business process outsourcing (BPO) market size is expected to see rapid growth in the next few years. It will grow to $554.8 billion in 2029 at a compound annual growth rate (CAGR) of 11.7%. The growth in the forecast period can be attributed to enhanced patient-centric solutions, global expansion and multilingual services, post-pandemic remote service demand, evolution of value-based care models, heightened focus on data security. Major trends in the forecast period include focus on customer experience and patient engagement, strategic partnerships and collaborations, globalization of healthcare services, COVID-19 pandemic impact, shift towards value-based care models.
The growing number of drug developments is expected to drive the expansion of the healthcare business process outsourcing (BPO) market in the future. Drug development involves the discovery, research, testing, and market introduction of new medications designed to treat, prevent, or manage medical conditions. Healthcare BPO companies play a vital role in assisting pharmaceutical firms with the complexities of drug development, regulatory compliance, and market access, thereby making the drug development process more efficient and effective. For example, according to the official website of the Government of Canada, in 2022, there were over 9,000 new medicines at various stages of clinical development, up from nearly 8,500 the year before. Therefore, the increasing number of drug developments is fueling the growth of the healthcare business process outsourcing (BPO) market.
The escalating frequency of data breaches is expected to drive the growth of the healthcare business process outsourcing market. Data breaches involve unauthorized access or disclosure of sensitive information, emphasizing the critical importance of robust data handling procedures and security protocols. Healthcare BPO providers implement stringent measures to safeguard patient data, addressing the increasing threat of data breaches. The rising global average cost per compromised record in a data breach, reaching $164 in 2022, highlights the urgency for effective measures against data threats. Consequently, the surge in data breaches is a significant factor contributing to the growth of the healthcare business process outsourcing market.
Leading companies in the healthcare business process outsourcing (BPO) market are adopting innovative strategies, including the integration of artificial intelligence (AI) platforms such as the AGS AI Platform, to enhance revenue cycle management (RCM) processes. The AGS AI Platform leverages AI technologies such as machine learning and natural language processing to automate tasks, identify patterns, and make recommendations. Launched by AGS Health LLC, this platform aims to improve efficiency, effectiveness, and patient experience within the revenue cycle management process.
In November 2023, Thoma Bravo, LLC, a US-based private equity firm, acquired NextGen Healthcare for $1.8 billion. This acquisition is intended to drive innovation in cloud-based healthcare technology, fostering the growth and development of NextGen Healthcare's products. The partnership capitalizes on Thoma Bravo's expertise to advance NextGen’s goal of enhancing patient outcomes and improving provider efficiency. NextGen Healthcare Inc. is a US-based healthcare technology company that offers integrated software solutions aimed at improving clinical, financial, and operational outcomes for healthcare organizations.
Major companies operating in the healthcare business process outsourcing (bpo) market report are UnitedHealth Group Incorporated, Accenture PLC, International Business Machines Corporation (IBM), Tata Consultancy Services Limited, Cognizant Technology Solutions Corporation, IQVIA Holdings Inc., Quintiles IMS Holdings Inc., HCL Technologies Limited, Infosys Limited, Wipro Limited, DSM Pharma, Sutherland Global Services Inc., Xerox Holdings Corporation, Genpact Limited, Access Healthcare Services Pvt. Ltd., Parexel International Corporation, R1 RCM Inc., NTT Data Corporation, EXLService Holdings Inc., Sykes Enterprises Incorporated, WNS Limited, Firstsource Solutions Limited, Invensis Technologies Pvt. Ltd., Omega Healthcare Investors Inc., Hinduja Global Solutions Limited, Mphasis Limited, GeBBS Healthcare Solutions Inc., Akurate Management Solutions Pvt Ltd., Gevity Consulting Inc., Octopus Tech Solutions Pvt Ltd.
North America was the largest region in the healthcare business process outsourcing (BPO) market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the healthcare business process outsourcing (bpo) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the healthcare business process outsourcing (bpo) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The healthcare business process outsourcing (BPO) market consists of revenues earned by entities by providing services such as medical document management services, pharmacy information management services, laboratory information management services, business process management services, and supply chain management services. The market value includes the value of related goods sold by the service provider or included within the service offering. The healthcare business process outsourcing (BPO) market also includes sales of medical coding and billing devices, which are used in providing healthcare business process outsourcing (BPO) services. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
Healthcare business process outsourcing (BPO) involves contracting an external service provider to manage non-clinical or non-core activities within a healthcare organization. This practice is implemented across various functions in the healthcare industry to enhance efficiency, reduce costs, ensure compliance, and enable healthcare organizations to concentrate on their primary mission of delivering patient care.
The primary types of healthcare business process outsourcing (BPO) include provider outsourcing services, payer outsourcing services, operational outsourcing services, and information technology infrastructure management services. Provider outsourcing services involve healthcare organizations or providers outsourcing specific functions or services, such as revenue cycle management, patient enrollment, and patient care. Payer services encompass claims management, product development, business acquisition, member management, provider management, care management, integrated front-end services, back-office operations, billing and accounts management services, as well as human resources (HR) services. These services extend to solutions such as manufacturing, research and development, and non-clinical services, catering to various end-users including healthcare providers, healthcare payers, and others.
The healthcare business process outsourcing (BPO) market research report is one of a series of new reports that provides healthcare business process outsourcing (BPO) market statistics, including healthcare business process outsourcing (BPO) industry global market size, regional shares, competitors with a healthcare business process outsourcing (BPO) market share, detailed healthcare business process outsourcing (BPO) market segments, market trends and opportunities, and any further data you may need to thrive in the healthcare business process outsourcing (BPO) industry. This healthcare business process outsourcing (BPO) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Healthcare Business Process Outsourcing (BPO) Market Characteristics3. Healthcare Business Process Outsourcing (BPO) Market Trends and Strategies4. Healthcare Business Process Outsourcing (BPO) Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, Covid and Recovery on the Market32. Global Healthcare Business Process Outsourcing (BPO) Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Healthcare Business Process Outsourcing (BPO) Market34. Recent Developments in the Healthcare Business Process Outsourcing (BPO) Market
5. Global Healthcare Business Process Outsourcing (BPO) Growth Analysis and Strategic Analysis Framework
6. Healthcare Business Process Outsourcing (BPO) Market Segmentation
7. Healthcare Business Process Outsourcing (BPO) Market Regional and Country Analysis
8. Asia-Pacific Healthcare Business Process Outsourcing (BPO) Market
9. China Healthcare Business Process Outsourcing (BPO) Market
10. India Healthcare Business Process Outsourcing (BPO) Market
11. Japan Healthcare Business Process Outsourcing (BPO) Market
12. Australia Healthcare Business Process Outsourcing (BPO) Market
13. Indonesia Healthcare Business Process Outsourcing (BPO) Market
14. South Korea Healthcare Business Process Outsourcing (BPO) Market
15. Western Europe Healthcare Business Process Outsourcing (BPO) Market
16. UK Healthcare Business Process Outsourcing (BPO) Market
17. Germany Healthcare Business Process Outsourcing (BPO) Market
18. France Healthcare Business Process Outsourcing (BPO) Market
19. Italy Healthcare Business Process Outsourcing (BPO) Market
20. Spain Healthcare Business Process Outsourcing (BPO) Market
21. Eastern Europe Healthcare Business Process Outsourcing (BPO) Market
22. Russia Healthcare Business Process Outsourcing (BPO) Market
23. North America Healthcare Business Process Outsourcing (BPO) Market
24. USA Healthcare Business Process Outsourcing (BPO) Market
25. Canada Healthcare Business Process Outsourcing (BPO) Market
26. South America Healthcare Business Process Outsourcing (BPO) Market
27. Brazil Healthcare Business Process Outsourcing (BPO) Market
28. Middle East Healthcare Business Process Outsourcing (BPO) Market
29. Africa Healthcare Business Process Outsourcing (BPO) Market
30. Healthcare Business Process Outsourcing (BPO) Market Competitive Landscape and Company Profiles
31. Healthcare Business Process Outsourcing (BPO) Market Other Major and Innovative Companies
35. Healthcare Business Process Outsourcing (BPO) Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Healthcare Business Process Outsourcing (BPO) Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on healthcare business process outsourcing (bpo) market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for healthcare business process outsourcing (bpo)? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The healthcare business process outsourcing (bpo) market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Service Type: Provider Outsourcing Services; Payer Outsourcing Services; Operational Outsourcing Services; Information Technology Infrastructure Management Services2) By Provider Service: Revenue Cycle Management; Patient Enrollment; Patient Care
3) By Payer Service: Claims Management; Product Development And Business Acquisition; Member Management; Provider Management; Care Management; Integrated Front-End Services And Back-Office Operations; Billing And Accounts Management Services; Human Resources (HR) Services
4) By Solution: Manufacturing; Research And Development; Non-Clinical Services
5) By End User: Healthcare Providers; Healthcare Payers; Other End-Users
Subsegments:
1) By Provider Outsourcing Services: Medical Billing And Coding; Revenue Cycle Management; Patient Scheduling And Registration; Telehealth Services2) By Payer Outsourcing Services: Claims Processing; Member Enrollment And Eligibility Verification; Fraud Detection And Prevention; Customer Support Services
3) By Operational Outsourcing Services: Human Resources Outsourcing; Procurement And Supply Chain Management; Facility Management Services; Administrative Support Services
4) By Information Technology Infrastructure Management Services: IT Help Desk Support; Cloud Services Management; Network Management; Data Security And Compliance Services
Key Companies Mentioned: UnitedHealth Group Incorporated; Accenture plc; International Business Machines Corporation (IBM); Tata Consultancy Services Limited; Cognizant Technology Solutions Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
Some of the major companies featured in this Healthcare Business Process Outsourcing (BPO) market report include:- UnitedHealth Group Incorporated
- Accenture plc
- International Business Machines Corporation (IBM)
- Tata Consultancy Services Limited
- Cognizant Technology Solutions Corporation
- IQVIA Holdings Inc.
- Quintiles IMS Holdings Inc.
- HCL Technologies Limited
- Infosys Limited
- Wipro Limited
- DSM Pharma
- Sutherland Global Services Inc.
- Xerox Holdings Corporation
- Genpact Limited
- Access Healthcare Services Pvt. Ltd.
- Parexel International Corporation
- R1 RCM Inc.
- NTT Data Corporation
- EXLService Holdings Inc.
- Sykes Enterprises Incorporated
- WNS Limited
- Firstsource Solutions Limited
- Invensis Technologies Pvt. Ltd.
- Omega Healthcare Investors Inc.
- Hinduja Global Solutions Limited
- Mphasis Limited
- GeBBS Healthcare Solutions Inc.
- Akurate Management Solutions Pvt Ltd.
- Gevity Consulting Inc.
- Octopus Tech Solutions Pvt Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | March 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 356.65 Billion |
Forecasted Market Value ( USD | $ 554.8 Billion |
Compound Annual Growth Rate | 11.7% |
Regions Covered | Global |
No. of Companies Mentioned | 30 |