According to the research report titled ‘GLOBAL Healthcare Fraud Analytics And Detection Market 2019-2028’, available with Market Study Report, global healthcare fraud analytics and detection market is expected to showcase a 23.63% CAGR during 2019-2028.
 

Escalating healthcare expenditure and increasing number of insurance providers are some of the primary growth stimulants of global healthcare fraud analytics and detection market. Collective inclination among people towards having an insurance coverage is also stimulating the overall industry outlook.
 

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Lack of awareness, especially in the developing countries, along with high costs associated with the technology could, however, act as a bottleneck to the growth of global healthcare fraud analytics and detection industry. Regardless, high occurrence of fraudulent activities could provide lucrative growth avenues for the companies operating in this business domain.
 

From the regional point of view, the report states that healthcare fraud analytics and detection market share in Asia-Pacific is predicted to expand significantly through 2028. Focus among public and private entities towards improving the healthcare infrastructure, high concentration of market majors, and increased pervasiveness of fraudulent activities have augmented the demand for healthcare fraud analytics and detection solutions in Asia-Pacific.
 

Pondera Solutions LLC, FICO, Change Healthcare, Cotiviti, UnitedHealth Group Incorporated, RELX, SAS Institute, OSP Labs, Northrop Grumman Corporation, McKesson Corporation, IBM Corp., EXL Service, DXC Technology, and CGI Inc. are the prominent companies operating in global healthcare fraud analytics and detection market.