The Asian Healthcare Payer IT report defines and segments the concerned market in Asian with analysis and forecast of revenue. The healthcare payer IT market in Asia was valued at $1,560.0 million in 2013, and is estimated to grow to $2,065.9 million by 2018, at a CAGR of 5.8% from 2013 to 2018.
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The Asian healthcare payer IT market is fastest-growing market with a share of 12.5% owing to the penetration of healthcare insurance in the Asian regions such as India and China. The need to reduce growing healthcare costs has given rise for the implementation of the payer IT system in the healthcare sector. The demand by consumers for efficient payer system and government initiative are the reasons for this efficient system. Healthcare organizations in Asia are actively moving towards advanced payer IT solutions to streamline the entire workflow system in large healthcare enterprises.
Medical tourism is also one of the factors contributing to the growth of healthcare payer IT solutions in the Asian market. All these aspects are expected to boost the payer healthcare IT market in Asia. Oracle (U.S.), Aspect Software (U.S.), Cerner Corporation (U.S.) and Avaya (U.S.) are the key players in Asia.
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This market is segmented and forecast based on components and deployments of the healthcare payer IT market in Asia. The components segment comprises hardware, software, and services, while the deployments segment includes on-premise, cloud-based, web-based. The market is further segmented and forecast based on major countries, such as Japan, China, and India.
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This report includes the market share and value chain analyses, along with market metrics such as drivers, restraints, and upcoming opportunities in the market. In addition, it presents a competitive landscape and company profiles of the key players in this market, including major companies of the market.
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