Healthcare Reimbursement Market Size, Share, Growth, Trends, and Global Industry Analysis: By Claim (Underpaid and Full Paid), By Payers (Private Payers and Public Payers), By Service Provider (Hospitals, Clinics, Diagnostic Laboratories, and Others) and By Region Forecast 2019-2030

Healthcare Reimbursement Market size was valued at  US$ 22.3 billion by 2023 and is poised to grow at a CAGR of 19.2% from 2024-2030 owing to an increase in the prevalence of chronic diseases, rising patient population, support by the government along with the rising cost of prescription medications are the major factors that are driving the growth of the market.

Moreover, initiatives by the public and private entities and growing awareness among people about healthcare insurance policies fuel the growth of the market over the forecast period. The payment that your hospital, doctor, diagnostic facility, or other healthcare providers receive for providing you with medical services is referred to as healthcare reimbursement. Often, your health insurer or a government payer will cover all or part of the cost of your medical treatment. The market's key growth drivers have been the growing healthcare burden on established and developing economies, as well as good regulatory regulations and a favorable reimbursement scenario.

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