Global Health Insurance Exchange Market is expected to reach US$ XX Bn by 2026 from US$ XX Bn in 2019 at CAGR of XX %.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
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Global Health Insurance Exchange Market Dynamics:
The market is segmented into type, phase, component, end-user, and region. In terms of type, the health insurance exchange market is classified into public exchanges and private exchanges. Based on phase, the health insurance exchange market is categorized into pre-implementation services,
implementation/exchange infrastructure delivery, program management and independent verification and validation (IV&V)/quality assurance (QA), and operations & maintenance. On the basis of a component, the health insurance exchange market is segregated into software, hardware, and services. In terms of end-user, the market is classified into government agencies, third party administrators, brokerage firms, & consultancies, and health plans/payers. Region wise into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
Global health insurance exchange market is segmented into type, phase, component, end-user, and region. In terms of type, the health insurance exchange market is classified into public exchanges and private exchanges. Based on phase, the health insurance exchange market is categorized into pre-implementation services, implementation/exchange infrastructure delivery, program management and independent verification and validation (IV&V)/quality assurance (QA), and operations & maintenance. On the basis of a component, the health insurance exchange market is segregated into software, hardware, and services. In terms of end-user, the health insurance exchange market is classified into government agencies, third party administrators, brokerage firms, & consultancies, and health plans/payers. Region wise into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
Health insurance exchange market growth is driven by the factors like a rising application of IT in the health sector and the shift in trend towards integrated environments, federal health insurance mandates, federal funding, a trend toward defined contribution model, among several other growth factors have ensured that cloud-based technology. Rising demand for reduction in healthcare costs is trending the overall global health insurance exchange market. However, high costs will restrain market growth. Low awareness about health exchange among the people and complex technologies and procedures involved in healthcare are anticipated to limit the growth of the global health insurance exchange market.
Based on the type, public health insurance exchange is the major contributor to the global health insurance exchange market. Furthermore, a public exchange is segmented into the state-based exchange, state partnership model, and federally facilitated exchange. The private exchange is categorized into a single-carrier exchange and multi-carrier exchange.
Global Health Insurance Exchange Market Regional Analysis:
In terms of region, North America is anticipated to dominate the health insurance exchange market in the forecast period followed by Europe and the Asia Pacific. Increasing awareness, healthcare developments, increased adoption of private health exchanges in this region will fuel the health insurance exchange market in the North America region.
Global Health Insurance Exchange Market, Key Highlights:
• Global Health Insurance Exchange Market analysis and forecast, in terms of value.
• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Health Insurance Exchange Market
• Global Health Insurance Exchange Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.
• Global Health Insurance Exchange Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.
• Global Health Insurance Exchange Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.
• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.
• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Health Insurance Exchange Market are also profiled.
The report has considered the base year of 2019 and past four years trend. 2020 figures are at actuals, however due to different dynamics of year 2020, market forecast is not only dependent upon 2020, but on the basis of 2016-2020.
The scope of the Global Health Insurance Exchange Market: Inquire before buying
Global Health Insurance Exchange Market, by Type
• Public Exchange
• Private Exchanges
Global Health Insurance Exchange Market, by Phase
• Pre-Implementation Services
• Implementation/Exchange Infrastructure Delivery
• Program Management and Independent Verification and Validation (IV&V)/Quality Assurance (QA)
• Operations & Maintenance
Global Health Insurance Exchange Market, by Component
• Software
• Hardware
• Services
Global Health Insurance Exchange Market, by End-User
• Government Agencies
• Third Party Administrators, Brokerage Firms, & Consultancies
• Health Plans/Payers
Global Health Insurance Exchange Market, by Geography
• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• Latin America
Global Health Insurance Exchange Market, Key Players
• Innovation Inc.
• Noridian Healthcare Solutions
• KPMG
• HP
• Hexaware – Technologies
• Deloitte
• Xerox Corporation
• Oracle Corporation
• Maximus
• Infosys
• Hcentive, Inc.
• Deloitte
• Cognosante, LLC
• Connecture Inc.
• Accenture Plc
• CGI Group, Inc.
• IBM Corporation
• Microsoft Corporation
• Tata Consultancy Services Limited
• Wipro Limited
• Hewlett-Packard Enterprise Development LP
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