Healthcare Claims Management Solutions Market is expected to garner $5,213 million by 2022, growing at a CAGR of 5.1% during the period 2016 - 2022. The software segment accounted for two-thirds share of the global market in 2015, owing to increase in adoption of software by healthcare payers to manage the aggrandized claims-related data and surge in the number of claims applications & insurance coverage requests.
The growing geriatric population and increasing demand of better healthcare management systems around the world are the predominant growth drivers for the global medication management market. Additionally, the increasing number of hospitalization cases, innovative and advanced applications of medication management systems, increasing need of reducing medication errors, and initiatives taken by various government associations for the implementation of these systems in healthcare facilities are also driving the growth of the global market.
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