The medical claims management solutions market is segmented on the basis of product, deployment, component and geography. Based on product, the global industry is further divided into standalone claim management system and integrated claim management system.

Based on deployment the market is further divided into cloud based, web based and on-premise based deployments. Since the web-based deployment accounts for a variety of claims systems, it holds the largest share in the global market.

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However, the Asia-Pacific is expected to witness the fastest growth during the forecast period (2017-2023). The factors driving this growth include increasing geriatric population and improved healthcare infrastructure in the region. In addition, the government initiatives to spread awareness about the benefits of this technology among the general population have also contributed to the medical claims management solutions market in this region. Therefore, the demand for healthcare IT solutions in the region is expected to increase significantly during the forecast period.

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The major players in the medical claims management solutions market include IBM Corporation, Cerner Corporation, Oracle Corporation, Avaya Inc., Genpact Limited, Cognizant Technology Solutions Corporation, Accenture PLC, Allscripts Healthcare Solutions, Inc., Athenahealth Inc., Aspect Software Inc., and Infor Inc.