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North America Healthcare Fraud Analytics And Detection Market Forecast 2020-2028

KEY FINDINGS
The North America healthcare fraud analytics and detection market is set to project a CAGR of 21.06% during the forecast period, 2020-2028. Several government initiatives and the increasing awareness regarding healthcare frauds are contributing to the growth of the market in the region.

MARKET INSIGHTS
Canada and the United States are the countries analyzed in the North America healthcare fraud analytics and detection market for growth analysis. The Canadian government established the Public Health Agency of Canada in 2004 to keep a check on public health. The agency is responsible for several strategies and programs that are undertaken and executed for enhancing the public healthcare system. Healthcare expenditure is on the rise in the country. There is the presence of The Canadian Life and Health Insurance Association (CLHIA), which is increasing consumer awareness and education, with regard to health and dental benefits fraud through the Fraud=Fraud campaign. The organization also holds a considerable amount of assets. According to the CLHIA, fraudulent claims vary from 2% to 10% every year. As a result, the rising awareness created by the associations, and the increasing cases of healthcare frauds, are projected to result in a huge demand for healthcare fraud detection solutions in the forthcoming years. Such factors are set to contribute to the growth of the market.

COMPETITIVE INSIGHTS
Some of the well-established companies in the market include, CGI Inc, IBM, McKesson, Northrop Grumman, United Health Group Incorporated (Optum Inc), etc.

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North America Healthcare Fraud Analytics And Detection Market Forecast 2020-2028
Published By :Inkwood Research
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