Market Overview:
The global health service provider services market is expected to grow at a CAGR of 7.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for ancillary care provider services, healthcare service provider services, medical transcription service providers and other medical service providers. Additionally, the rising prevalence of chronic diseases and increasing awareness about preventive healthcare are also contributing to the growth of this market. However, lack of reimbursement policies in some countries is restraining the growth of this market.
Product Definition:
Medical and dental services, health insurance, and other health-related services.
Ancillary Care Provider Services:
ancillary care provider services are the support and maintenance services provided by ancillary service providers to healthcare facilities. The healthcare facility uses these services to provide quality patient care, which is expected to drive the Health Service Provider Services market growth over the forecast period.
The global ancillary care provider services market was valued at USD 37 billion in 2015.
Healthcare Service Provider Services:
Healthcare service provider services are the activities, performed by healthcare service providers for patients and third parties. Healthcare service provider services include hospital inpatient admissions, emergency room visits, laboratory tests or procedures performed at a physician's office or outpatient imaging centers. Healthcare Service Provider Services (HPSPs) market is segmented on the basis of end use into hospitals & clinics/polyclinics, long term care centers and other facilities such as ambulatory surgical centers & specialty care clinics.
Application Insights:
The individual application segment held the largest share of more than 60.0% in 2017. The growth can be attributed to factors such as an increase in the number of individuals traveling for medical treatment, growing awareness about access to GHSP services, and favorable government policies that support the adoption of these services by individuals. For instance, according to a study published by researchers at Harvard Medical School and Brigham and Women's Hospital analyzed data from over 1 million patients who had surgery between 2013-2015 at least once a year; they found out that having GHSP service was associated with shorter hospital stay compared to patients who were treated without any help from care managers or nurses (Gould et al., 2018).
Enterprise application is expected register significant growth over the forecast period owing to increasing investments by companies for improving their clinical outcomes while reducing costs through implementation of ancillary care providers such as nurse case management programs or home healthcare teams (HHCs).
Regional Analysis:
North America dominated the global market in 2017. The presence of well-established healthcare infrastructure, high adoption of advanced technologies, and favorable reimbursement policies are some factors driving regional growth. Moreover, an increase in the number of public & private partnerships between governments and NGOs is anticipated to boost service delivery at community level over the forecast period.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to rising demand for quality health services from a large population base with increasing disposable income levels coupled with improving healthcare expenditure patterns across emerging economies such as India and China. Furthermore, supportive government initiatives aimed at reducing maternal mortality rate are expected to drive demand for maternity care provider services in this region during the same period.
Growth Factors:
- Increasing demand for preventive healthcare services: The global population is aging and growing at a rapid pace. This is resulting in an increased demand for preventive healthcare services such as screenings, check-ups, and immunizations. Health service providers are thus expected to benefit from this trend in the coming years.
- Rising incidence of chronic diseases: The prevalence of chronic diseases such as cancer, heart disease, and diabetes is on the rise globally. This is leading to an increase in the demand for health services such as diagnosis, treatment, and rehabilitation. As a result, health service providers are expected to experience healthy growth in the coming years.
- Emergence of new technologies: Rapid advancements in technology have led to the emergence of new diagnostic and treatment methods such as gene therapy and stem cell therapy. These innovative therapies are helping patients overcome previously incurable diseases thereby increasing the demand for health services worldwide .Health service providers stand to benefit immensely from this trend over the next few years.. 4) Growing awareness about personal hygiene & wellness: There has been a significant increase in awareness about personal hygiene and wellness among people across all age groups in recent times .This has led to an increase i nthe demand for various types of health services including beauty treatments ,weight loss programs etc ..Health service providers can tap into this opportunity by offering specialized services that caterto th e specific needs o f their target audience 5) Rising disposable income levels: A large section of t he global population now
Scope Of The Report
Report Attributes
Report Details
Report Title
Health Service Provider Services Market Research Report
By Type
Ancillary Care Provider Services, Healthcare Service Provider Services, Medical Transcription Service Provider Services, Other Medical Service Provider Services
By Application
Individual, Enterprise, Others
By Companies
VNC Skilled Home Health Agency, Accelify, Change Healthcare, American Caresource, EQHealth Solutions, CVS Health, HCCS, Optum, Laboratory Validation Specialists, Cybernation Infotech, VChart, TransDyne, Altos, Athreon, CBAY Transcription
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
223
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Health Service Provider Services Market Report Segments:
The global Health Service Provider Services market is segmented on the basis of:
Types
Ancillary Care Provider Services, Healthcare Service Provider Services, Medical Transcription Service Provider Services, Other Medical Service Provider Services
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Individual, Enterprise, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- VNC Skilled Home Health Agency
- Accelify
- Change Healthcare
- American Caresource
- EQHealth Solutions
- CVS Health
- HCCS
- Optum
- Laboratory Validation Specialists
- Cybernation Infotech
- VChart
- TransDyne
- Altos
- Athreon
- CBAY Transcription
Highlights of The Health Service Provider Services Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Ancillary Care Provider Services
- Healthcare Service Provider Services
- Medical Transcription Service Provider Services
- Other Medical Service Provider Services
- By Application:
- Individual
- Enterprise
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Health Service Provider Services Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Health Service Provider Services is a term used to describe the range of services that health care providers offer their patients. These services can include things like diagnosis, treatment, and prevention.
Some of the key players operating in the health service provider services market are VNC Skilled Home Health Agency, Accelify, Change Healthcare, American Caresource, EQHealth Solutions, CVS Health, HCCS, Optum, Laboratory Validation Specialists, Cybernation Infotech, VChart, TransDyne, Altos, Athreon, CBAY Transcription.
The health service provider services market is expected to register a CAGR of 7.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Health Service Provider Services Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Health Service Provider Services Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Health Service Provider Services Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Health Service Provider Services Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Health Service Provider Services Market Size & Forecast, 2018-2028
4.5.1 Health Service Provider Services Market Size and Y-o-Y Growth
4.5.2 Health Service Provider Services Market Absolute $ Opportunity
Chapter 5 Global Health Service Provider Services Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Health Service Provider Services Market Size Forecast by Type
5.2.1 Ancillary Care Provider Services
5.2.2 Healthcare Service Provider Services
5.2.3 Medical Transcription Service Provider Services
5.2.4 Other Medical Service Provider Services
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Health Service Provider Services Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Health Service Provider Services Market Size Forecast by Applications
6.2.1 Individual
6.2.2 Enterprise
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Health Service Provider Services Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Health Service Provider Services Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Health Service Provider Services Analysis and Forecast
9.1 Introduction
9.2 North America Health Service Provider Services Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Health Service Provider Services Market Size Forecast by Type
9.6.1 Ancillary Care Provider Services
9.6.2 Healthcare Service Provider Services
9.6.3 Medical Transcription Service Provider Services
9.6.4 Other Medical Service Provider Services
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Health Service Provider Services Market Size Forecast by Applications
9.10.1 Individual
9.10.2 Enterprise
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Health Service Provider Services Analysis and Forecast
10.1 Introduction
10.2 Europe Health Service Provider Services Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Health Service Provider Services Market Size Forecast by Type
10.6.1 Ancillary Care Provider Services
10.6.2 Healthcare Service Provider Services
10.6.3 Medical Transcription Service Provider Services
10.6.4 Other Medical Service Provider Services
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Health Service Provider Services Market Size Forecast by Applications
10.10.1 Individual
10.10.2 Enterprise
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Health Service Provider Services Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Health Service Provider Services Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Health Service Provider Services Market Size Forecast by Type
11.6.1 Ancillary Care Provider Services
11.6.2 Healthcare Service Provider Services
11.6.3 Medical Transcription Service Provider Services
11.6.4 Other Medical Service Provider Services
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Health Service Provider Services Market Size Forecast by Applications
11.10.1 Individual
11.10.2 Enterprise
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Health Service Provider Services Analysis and Forecast
12.1 Introduction
12.2 Latin America Health Service Provider Services Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Health Service Provider Services Market Size Forecast by Type
12.6.1 Ancillary Care Provider Services
12.6.2 Healthcare Service Provider Services
12.6.3 Medical Transcription Service Provider Services
12.6.4 Other Medical Service Provider Services
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Health Service Provider Services Market Size Forecast by Applications
12.10.1 Individual
12.10.2 Enterprise
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Health Service Provider Services Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Health Service Provider Services Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Health Service Provider Services Market Size Forecast by Type
13.6.1 Ancillary Care Provider Services
13.6.2 Healthcare Service Provider Services
13.6.3 Medical Transcription Service Provider Services
13.6.4 Other Medical Service Provider Services
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Health Service Provider Services Market Size Forecast by Applications
13.10.1 Individual
13.10.2 Enterprise
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Health Service Provider Services Market: Competitive Dashboard
14.2 Global Health Service Provider Services Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 VNC Skilled Home Health Agency
14.3.2 Accelify
14.3.3 Change Healthcare
14.3.4 American Caresource
14.3.5 EQHealth Solutions
14.3.6 CVS Health
14.3.7 HCCS
14.3.8 Optum
14.3.9 Laboratory Validation Specialists
14.3.10 Cybernation Infotech
14.3.11 VChart
14.3.12 TransDyne
14.3.13 Altos
14.3.14 Athreon
14.3.15 CBAY Transcription
