Global Technology Spending on Revenue Cycle Management Market to Reach $63.1 Billion by 2030
The global market for Technology Spending on Revenue Cycle Management estimated at US$43.4 Billion in the year 2023, is expected to reach US$63.1 Billion by 2030, growing at a CAGR of 5.5% over the period 2023-2030. Integrated Platform for Revenue Cycle Management, one of the segments analyzed in the report, is expected to record 5.8% CAGR and reach US$48.9 Billion by the end of the analysis period. Growth in the Standalone Platform for Revenue Cycle Management segment is estimated at 4.6% CAGR for the next 7-year period.
The U.S. Market is Estimated at $13.2 Billion, While China is Forecast to Grow at 5.1% CAGR
The Technology Spending on Revenue Cycle Management market in the U.S. is estimated at US$13.2 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$11 Billion by the year 2030 trailing a CAGR of 5.1% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.4% and 4.2% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 4.6% CAGR.
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