Japan Holds the Largest Share of 28.1% in the Asia Revenue Cycle Management System (RCM) Market

Date: 2015-08-15

“The Asia revenue cycle management system (RCM) market is projected to grow at a CAGR of 7.5% from 2014 to 2019. Japan holds the largest share of 28.1% in the Asia revenue cycle management system (RCM) market, followed by China. The Asia RCM market holds a high potential for growth in future due to a number of forces favoring this market. The consolidation of healthcare providers, initiatives undertaken by governmental bodies for implementing RCM solutions, and decrease in reimbursements are driving its market growth. However, limited investments in healthcare IT, fragmented end-user market, and high costs are acting as major restraining factors hindering the growth of the Asia RCM market. 

In this report, the revenue cycle management system market is segmented on the basis of its product, deployment, component, end-user, and geography. By type, this market is segmented into integrated RCM systems and standalone RCM systems. On the basis of deployment, the market is categorized into on-premise, web-premise, and cloud-premise, while according to component the market is sub-divided into hardware, software, and services. End-users of this market include academics, ambulatory care solutions, hospitals, medical and diagnostic laboratories, and office based physicians.

Geographically, the market is divided into Japan, China, India, Republic of Korea (ROK), and Rest of Asia (RoA).

The report has profiled leading players of this market, along with recent developments (new product launches and partnerships, agreements, collaborations, and joint ventures) and key growth strategies adopted by them to sustain and strengthen their position in the Asia revenue cycle management system (RCM) market. Quest Diagnostics (U.S.), Cerner Corporation (U.S.), McKesson Corporation (U.S.), Athenahealth, Inc.  (U.S.), Allscripts Healthcare Solutions, Inc. (U.S.), eClinicalWorks LLC (U.S.), CareCloud Corporation (U.S.), The SSI Groups, Inc. (U.S.), GE Healthcare (U.K.), Epic Systems (U.S.), Siemens Healthcare (Germany), Kareo, Inc. (U.S.) are some of the key players engaged in this market.


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