Medical Billing Outsourcing Market Size, Share, and Trends 2024 to 2034

The global medical billing outsourcing market size calculated at USD 19.32 billion in 2025 and is forecasted to reach around USD 54.17 billion by 2034, accelerating at a CAGR of 12.00% from 2025 to 2034. The North America market size surpassed USD 8.23 billion in 2024 and is expanding at a CAGR of 12.19% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : January 2025
  • Report Code : 1103
  • Category : Healthcare

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction

4.2. Market Classification and Scope

5.1. Market Dynamics

5.1.1. Market Drivers

5.1.2. Market Restraints

5.1.3. Market Opportunities

5.2. Porter’s Five Forces Analysis

5.2.1. Bargaining power of suppliers

5.2.2. Bargaining power of buyers

5.2.3. Threat of substitute

5.2.4. Threat of new entrants

5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis

6.1.2. Key Strategies Adopted by Players

6.1.3. Vendor Landscape

6.1.3.1. List of Suppliers

6.1.3.2. List of Buyers

Chapter 7. Global Medical Billing Outsourcing Market, By Component

7.1. Medical Billing Outsourcing Market, by Component Type

7.1.1. Outsourced

7.1.1.1. Market Revenue and Forecast 

7.1.2. In-house

7.1.2.1. Market Revenue and Forecast 

Chapter 8. Global Medical Billing Outsourcing Market, By Service

8.1. Medical Billing Outsourcing Market, by Service

8.1.1. Back End

8.1.1.1. Market Revenue and Forecast 

8.1.2. Middle End

8.1.2.1. Market Revenue and Forecast 

8.1.3. Front End

8.1.3.1. Market Revenue and Forecast 

Chapter 9. Global Medical Billing Outsourcing Market, By End-User

9.1. Medical Billing Outsourcing Market, by End-User

9.1.1. Physician Office

9.1.1.1. Market Revenue and Forecast 

9.1.2. Hospital

9.1.2.1. Market Revenue and Forecast 

9.1.3. Others

9.1.3.1. Market Revenue and Forecast 

Chapter 10. Global Medical Billing Outsourcing Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Forecast, by Component 

10.1.2. Market Revenue and Forecast, by Service 

10.1.3. Market Revenue and Forecast, by End-User 

10.1.4. U.S.

10.1.4.1. Market Revenue and Forecast, by Component 

10.1.4.2. Market Revenue and Forecast, by Service 

10.1.4.3. Market Revenue and Forecast, by End-User 

10.1.5. Rest of North America

10.1.5.1. Market Revenue and Forecast, by Component 

10.1.5.2. Market Revenue and Forecast, by Service 

10.1.5.3. Market Revenue and Forecast, by End-User 

10.2. Europe

10.2.1. Market Revenue and Forecast, by Component 

10.2.2. Market Revenue and Forecast, by Service 

10.2.3. Market Revenue and Forecast, by End-User 

10.2.4. UK

10.2.4.1. Market Revenue and Forecast, by Component 

10.2.4.2. Market Revenue and Forecast, by Service 

10.2.4.3. Market Revenue and Forecast, by End-User 

10.2.5. Germany

10.2.5.1. Market Revenue and Forecast, by Component 

10.2.5.2. Market Revenue and Forecast, by Service 

10.2.5.3. Market Revenue and Forecast, by End-User 

10.2.6. France

10.2.6.1. Market Revenue and Forecast, by Component 

10.2.6.2. Market Revenue and Forecast, by Service 

10.2.6.3. Market Revenue and Forecast, by End-User 

10.2.7. Rest of Europe

10.2.7.1. Market Revenue and Forecast, by Component 

10.2.7.2. Market Revenue and Forecast, by Service 

10.2.7.3. Market Revenue and Forecast, by End-User 

10.3. APAC

10.3.1. Market Revenue and Forecast, by Component 

10.3.2. Market Revenue and Forecast, by Service 

10.3.3. Market Revenue and Forecast, by End-User 

10.3.4. India

10.3.4.1. Market Revenue and Forecast, by Component 

10.3.4.2. Market Revenue and Forecast, by Service 

10.3.4.3. Market Revenue and Forecast, by End-User 

10.3.5. China

10.3.5.1. Market Revenue and Forecast, by Component 

10.3.5.2. Market Revenue and Forecast, by Service 

10.3.5.3. Market Revenue and Forecast, by End-User 

10.3.6. Japan

10.3.6.1. Market Revenue and Forecast, by Component 

10.3.6.2. Market Revenue and Forecast, by Service 

10.3.6.3. Market Revenue and Forecast, by End-User 

10.3.7. Rest of APAC

10.3.7.1. Market Revenue and Forecast, by Component 

10.3.7.2. Market Revenue and Forecast, by Service 

10.3.7.3. Market Revenue and Forecast, by End-User 

10.4. MEA

10.4.1. Market Revenue and Forecast, by Component 

10.4.2. Market Revenue and Forecast, by Service 

10.4.3. Market Revenue and Forecast, by End-User 

10.4.4. GCC

10.4.4.1. Market Revenue and Forecast, by Component 

10.4.4.2. Market Revenue and Forecast, by Service 

10.4.4.3. Market Revenue and Forecast, by End-User 

10.4.5. North Africa

10.4.5.1. Market Revenue and Forecast, by Component 

10.4.5.2. Market Revenue and Forecast, by Service 

10.4.5.3. Market Revenue and Forecast, by End-User 

10.4.6. South Africa

10.4.6.1. Market Revenue and Forecast, by Component 

10.4.6.2. Market Revenue and Forecast, by Service 

10.4.6.3. Market Revenue and Forecast, by End-User 

10.4.7. Rest of MEA

10.4.7.1. Market Revenue and Forecast, by Component 

10.4.7.2. Market Revenue and Forecast, by Service 

10.4.7.3. Market Revenue and Forecast, by End-User 

10.5. Latin America

10.5.1. Market Revenue and Forecast, by Component 

10.5.2. Market Revenue and Forecast, by Service 

10.5.3. Market Revenue and Forecast, by End-User 

10.5.4. Brazil

10.5.4.1. Market Revenue and Forecast, by Component 

10.5.4.2. Market Revenue and Forecast, by Service 

10.5.4.3. Market Revenue and Forecast, by End-User 

10.5.5. Rest of LATAM

10.5.5.1. Market Revenue and Forecast, by Component 

10.5.5.2. Market Revenue and Forecast, by Service 

10.5.5.3. Market Revenue and Forecast, by End-User 

Chapter 11. Company Profiles

11.1. Allscripts Healthcare Solutions, Inc.

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. R1 RCM, Inc.

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. Cerner Corporation

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. Experian Information Solutions, Inc.

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. eClinicalWorks LLC

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. GE Healthcare

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. Kareo, Inc.

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. Genpact

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. McKesson Corporation

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. Quest Diagnostics

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

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Frequently Asked Questions

The global medical billing outsourcing market size reached USD 17.15 billion in 2024 and expected to attain around USD 54.17 billion by 2034.

The global medical billing outsourcing market is poised to grow at a compound annual growth rate (CAGR) 12.00% during the forecast period 2025 to 2034.

The medical billing outsourcing market is mainly driven by the factors such as rising need to make the medical billing process more efficient, increasing emphasis on compliance &risk management, and efforts to reduce the in-house processing costs.

Some of the key players operating in the market are Allscripts Healthcare Solutions, Inc., R1 RCM, Inc., Cerner Corporation, Experian Information Solutions, Inc., eClinicalWorks LLC, GE Healthcare, Kareo, Inc., Genpact, McKesson Corporation, and Quest Diagnostics among others.

Based on component, outsourced segment held the largest market value share in the year 2024, in addition to this, the segment exhibits lucrative growth over the forecast period.

By service, front end service comprises of the main function of medical billing outsourcing along with this accounted for the largest market value share in the year 2022.

North America led the global market in 2024 due to shifting focus of numerous healthcare service providers in the U.S. towards end-to-end outsourcing firms for effectively managing their billing processes.

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