DUBLIN--(BUSINESS WIRE)--The "Healthcare Fraud Detection Market by Type (Descriptive, Prescriptive), Application (Insurance Claim, Prepay, Post payment), Component (Service, Software), Delivery (On-premise, Cloud), End user (Insurance Payer, Private) - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The healthcare fraud detection market is expected to reach USD 2,242.7 Million by 2022 from USD 631 Million in 2017, at a CAGR of 28.9%.
Market growth can be attributed to the large number of fraudulent activities in healthcare; increasing number of patients seeking health insurance; the prepayment review model; growing pressure of fraud, waste, and abuse on healthcare spending; and high returns on investment.
This report segments the healthcare fraud detection market into type, component, delivery model, application, end user, and region. Based on type, the healthcare fraud detection market is segmented into descriptive, predictive, and prescriptive analytics. The descriptive analytics segment is expected to account for the largest share of the healthcare fraud detection market, by type, in 2017. However, prescriptive analytics is slated to grow at the highest CAGR due to its ability to ensure the synergistic integration of predictions and prescriptions.
In 2017, North America is expected to dominate the market, followed by Europe. Factors such as increase in the number of people seeking health insurance, increasing cases of healthcare fraud, favorable government initiatives to combat healthcare fraud, rising pressure to reduce healthcare costs, technological advancements, and greater product and service availability in this region are expected to drive market growth in North America.
Key Topics Covered
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Healthcare Fraud Detection Market, by Component
7 Fraud Detection Market, by Delivery Model
8 Healthcare Fraud Detection Market, by Type
9 Healthcare Fraud Detection Market, by Application
10 Healthcare Fraud Detection Market, by End User
11 Healthcare Fraud Detection Market, by Region
12 Competitive Landscape
13 Company Profiles
- CGI Group
- DCX Technology
- Fair Isaac (Fico)
- HCL Technologies
- Lexinexis (A Part of Relx Group)
- Northrop Grumman
- Optum (A Part of Unitedhealth Group)
- Pondera Solutions
- Sas Institute
- Scio Health Analytics
- Verscend Technologies
For more information about this report visit https://www.researchandmarkets.com/research/wz9hmw/global_healthcare?w=4