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The global healthcare fraud analytics market size was USD 1.53 Billion in 2021 and is expected to register a revenue CAGR of 26.7% during the forecast period. Market revenue growth is primarily driven by factors such as growing consumer preference for telemedicine consultations, increase in number of patients who require health insurance, better investment returns, and surge in proportion of pharmacy claims and medical insurance-related frauds
In addition, growing number of fraud incidents associated with health insurance claims across the world is another factor driving revenue growth of the global healthcare fraud analytics market during the forecast period. Healthcare and medical insurance are also more susceptible to fraud, which is by its very nature secret and challenging to detect. According to European Healthcare Fraud and Corruption Network, percentage of healthcare fraud has been detected, which is rising annually.
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Market Overview:
The report bifurcates the Healthcare Fraud Analytics market on the basis of different product types, applications, end-user industries, and key re