Breaking News:
Robotic Process Automation (RPA) for Healthcare Market is Dazzling Worldwide and Forecast to 2030
New York, USA – (February 22, 2023) – As the healthcare industry continues to evolve, the demand for innovative solutions to streamline operational efficiency and reduce costs has never been higher. Today, the Robotic Process Automation (RPA) for Healthcare Market is making waves globally, with experts projecting a staggering growth rate of 30% CAGR from 2023 to 2030.
According to a recent report by a leading market research firm, the global RPA for Healthcare Market is expected to reach a staggering valuation of over $1.5 billion by the end of the decade. This unprecedented growth is driven by the rising adoption of automation technologies, the increasing need for efficiency, and the growing recognition of RPA as a game-changer in healthcare.
Key Highlights of the Report:
- Growing Demand: The global RPA for Healthcare Market is expected to grow at a CAGR of 30% from 2023 to 2030, driven by the increasing demand for automated processes in healthcare.
- Market Size: The global RPA for Healthcare Market is projected to reach a valuation of over $1.5 billion by 2030, up from $350 million in 2023.
- Key Players: Leading RPA vendors, including Automation Anywhere, Blue Prism, and UiPath, are expected to dominate the market, with emerging startups and niche players also contributing to the growth.
- Regional Insights: The Asia-Pacific region is expected to emerge as a key market for RPA in healthcare, driven by the growing demand for efficient and cost-effective solutions.
Why RPA in Healthcare is a Game-Changer:
- Automation of Routine Tasks: RPA can automate routine and repetitive tasks, freeing up healthcare professionals to focus on high-value care and patient outcomes.
- Improved Efficiency: RPA can reduce operational costs and improve efficiency, enabling healthcare providers to reallocate resources to patient care.
- Data Accuracy: RPA can eliminate human error and reduce the risk of data errors, ensuring accurate and consistent data processing.
- Scalability: RPA can scale seamlessly to meet the needs of growing healthcare organizations, reducing the need for manual scaling.
What’s Next?
As the healthcare industry continues to evolve, the demand for RPA solutions is expected to soar. With the market set to reach new heights by 2030, leading healthcare organizations are already gearing up to adopt RPA solutions to stay ahead of the curve.
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Robotic processing automation for healthcare market is anticipated to grow at a CAGR of 25.0% during the forecast period (2023-2030). Growing investments in healthcare from government and private organizations, adoption of advanced technologies such as AI/ML, the growing need for operational efficiency in the healthcare industry, and increasing disposable income drive demand for RPA for the healthcare market. RPA technology utilizes software to automate repetitive and rule-based tasks, including data manipulation and integration across various systems. It presents an opportunity for healthcare organizations to enhance operational efficiency, reduce costs, elevate quality and compliance standards, and, in turn, contribute to improved patient outcomes and satisfaction.
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Among the application segment, the retail segment is expected to hold a significant share in the market over the forecast period. The retail industry has been employing RPA to smoothen its operations and increase growth to overcome multiple problems. Whether in-store or online, the retail business has various functions where time and human error are major concerns. RPA will help retailers improve operational efficiency and boost employee productivity.
full report of Robotic Process Automation (RPA) for Healthcare Market available @ https://www.omrglobal.com/industry-reports/robotic-processing-automation-for-healthcare-market
· Market Coverage
· Market number available for – 2024-2031
· Base year- 2024
· Forecast period- 2024-2031
· Segment Covered- By Source, By Product Type, By Applications
· Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
· Inc., and others
Market Segmentation
Global Robotic Process Automation in Healthcare Market by Application
o Claims Management
o Workflow Management
o Clinical Documentation
o Revenue Cycle Management
o Billing and Compliance Management
o Appointment Scheduling
Global Robotic Process Automation in Healthcare Market by End-User
o Hospitals
o Clinics
o Pharmacies
o Insurance companies
o Other (BPOs, Clinical Research Organizations (CROs))
Regional Analysis
o North America
o United States
o Canada
o Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe
o Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
o Rest of the World
Company Profiles
o airSlate Inc.
o Appian Corp.
o Automation Anywhere Inc.
o AutomationEdge Technologies Pvt. Ltd.
o Blue Prism Limited (subsidery of SS&C Technologies)
o Broad Air Conditioning Co., Ltd.
o EdgeVerve Systems Ltd.
o Fortra, LLC
o Genpact Ltd.
o Infosys Ltd.
o International Business Machines Corp. (IBM)
o Kofax Software Inc.
o Laiye Technology
o NTT DATA Corp.
o Roboyo Group Ltd.
o Baker Tilly International Ltd.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global robotic process automation (RPA) market for the healthcare market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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