The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

According to The Business Research Company’s Healthcare Provider Network Management Global Market Report 2023, the global healthcare provider network management market size grew from $3.37 billion in 2022 to $3.94 billion in 2023 at a compound annual growth rate (CAGR) of 16.9%. The healthcare provider network management market size is expected to grow to $7.07 billion in 2027 at a CAGR of 15.7%.

North America held the largest healthcare provider network management market share, and Asia-Pacific was the fastest-growing region in 2022.

Healthcare Provider Network Management Market Driver
The rising patient population is expected to propel the growth of the healthcare provider network management market going forward. The patient population refers to individuals living with certain medical conditions and illnesses. With the increasing patient population, the patient flow to hospitals also increases. Healthcare provider network management helps providers monitor patient records to predict hospitalization and readmission and enables them to manage care-management programs. For instance, according to the American Hospital Association, a US-based organization that represents all types of hospitals and health care networks’ 2020 Annual Survey, over 33.35 million hospital admissions were registered in the US during 2020. Therefore, the rising patient population is driving the growth of the healthcare provider network management market.

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Key Healthcare Provider Network Management Market Segments
1) By Component: Network management services, Network management software
2) By Deployment Type: On-Premises, Cloud
3) By End User: Private Payers, Public Payers

Healthcare Provider Network Management Market Prominent Players
Major players in the healthcare provider network management market are Optum Inc., Atos SE, Cognizant, Symphony AyasdiAI, Infosys Technologies Limited, Change Healthcare Inc., SkyGen, McKesson Corporation, Centene Corporation, OSPLabs, Virtusa Corporation, Appian Corporation, Salesforce Inc., Evolent Health Inc., and Coforge.

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Prominent Healthcare Provider Network Management Market Trend
Technological advancement is the key trend gaining popularity in the healthcare provider network management market. Major market players are concentrating their efforts on creating innovative technologies to sustain their position in the market. For instance, in March 2021, Innovaccer Inc., a US-based digital healthcare company, launched a provider network management solution that is powered by the Innovaccer health cloud and an integrated platform to assist healthcare payers to enhance provider network performance, data collection, and analysis. Payers can educate and reach out to providers as well as offer services such as point-of-care alerts to improve quality scores, the total cost of care, and member health value.

The Healthcare Provider Network Management Global Market Report 2023  provides comprehensive insights on the healthcare provider network management market size, trends and drivers, opportunities, strategies, and competitor analysis. The countries covered in the healthcare provider network management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

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