Report Scope & Overview:

The Revenue Cycle Management (RCM) Market size was valued at USD 262.60 Bn in 2022 and is expected to reach USD 558.42 Bn by 2030, and grow at a CAGR of 9.89% over the forecast period 2023-2030.

The management of all administrative and clinical operations that contribute to patient service adds directly or indirectly to revenue in order to maximize profits is known as revenue cycle management. By processing claims, the RCM process helps health providers to maximize income.

Revenue Cycle Management (RCM) Market Revenue 2030

To get more information on Revenue Cycle Management (RCM) Market - Request Sample Report

Patient registration, insurance eligibility, and verification, medical coding, claim to process, and payment and AR management are all procedures that fall under revenue cycle management. Patients, healthcare providers, billing businesses, and insurance payers are the four most important RCM components.

Multiple data silos and disorganized workflows in healthcare settings are creating opportunities for industry expansion and growth. Third-party payers, payment structures, rules, and codes make up RCM. Obtaining the correct assets is critical to a practice's survival. As the payment of medical services gets more exact, the need of having an effective RCM solution grows.



  • Government measures are driving up demand.

  • Cost-effective product development through technological advances

  • Reduced billing mistakes and improved processes are examples of product applications.


  • A shortage of trained workers and advanced technologies.

  • In emerging markets, there are high prices and maintenance expenses, as well as IT infrastructure limits.

  • The dangers of data privacy and security.


  • Demand for RCM solutions on the cloud.

  • growing concentration among organizations that provide end-to-end services.


The current 2028 forecast is expected to be greater than pre-COVID-19 projections. COVID-19 has created widespread problems across the world. During the COVID-19 pandemic, revenue cycle management is critical in determining patient eligibility, which cuts down on hospital maintenance time. COVID-19 has no significant negative influence on market growth and is predicted to create several chances for market expansion throughout the projection period for revenue cycle management. The need for revenue cycle management systems and services in hospitals throughout the world is predicted to rise as demand for healthcare solutions and sophisticated patient management grows.


Revenue cycle management is divided into four categories: type, component, deployment mechanism, and end-user. The market is divided into two types: integrated RCM and standalone RCM. The market is divided into software and services based on component types. It is divided into cloud-based and on-premise deployment modes based on deployment mode. The market is segmented by end-users into hospitals, physicians, and diagnostic and ambulatory care facilities. The market is divided into four regions: North America, Europe, Asia-Pacific, and LAMEA. In 2021, the revenue cycle management market share was led by the integrated RCM segment. This is due to better healthcare infrastructure, higher healthcare-related expenditures to cater to unexplored markets in emerging countries, issues encountered during accounts receivable (AR) administration and claims processing, and a growing demand to minimize cycle time.

In 2021, the revenue cycle management market's growth was led by the services sector, which is projected to continue in the future years. This is due to increased healthcare infrastructure and spending to meet unmet medical requirements in emerging countries, which increases the demand for RCM services.

 In 2021, the on-premise category led the revenue cycle management market in terms of growth, and this trend is projected to continue in the following years. The increased need for mobile support systems for improved customer (patient) interaction platforms is to blame for this. However, the cloud category grew at the fastest rate, as hospitals, physicians, and diagnostic and ambulatory care centers used cloud revenue management systems as the amount of essential and secret data transferred increased. These technologies allow payers and providers to have more control over remote access to apps and sensitive patient information.

Physicians led the worldwide revenue cycle management market by end-user in 2020. The rising complexity of healthcare compensation techniques, broad adoption of electronic health records (EHR), varied payment structures, and regulatory changes are all contributing to this.


 On The Basis of Type:

  • Standalone

  • Integrated

On The Basis of Component:

  • Software

  • Services

 On The Basis of Deployment:

  • Cloud

  • On-premise

On The Basis of End-user:

  • Hospitals

  • Physicians

  • Diagnostic & Ambulatory Care Centers

Revenue Cycle Management (RCM) Market Segment Pie Chart

Do you need any custom research on Revenue Cycle Management (RCM) Market - Enquiry Now


North America dominated the revenue cycle management market in 2021, accounting for the greatest revenue share. The expanding presence of physician's offices in the United States accounts for a high revenue portion of the industry. Regulatory reforms have resulted in a digital transformation of healthcare systems, with a considerable increase in demand for healthcare IT solutions including revenue cycle management systems to improve efficiency and service delivery. Furthermore, the region's market benefits from the existence of major, well-known hospitals and well-established healthcare facilities, as well as the growing demand to reduce healthcare costs and favorable legislation.

In contrast, the revenue cycle management market in the Asia Pacific is expected to grow at the fastest rate in the coming years, thanks to rising favorable government initiatives and support, increasing demand to improve care delivery quality, increasing digital literacy, growing adoption of healthcare IT solutions, advancing healthcare infrastructure, rising healthcare IT spending, and rising unmet healthcare needs in emerging economies. Furthermore, the Asia Pacific region offers cheap manufacturing prices and access to cost-effective labor, making conducting business easier.


  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America


The major key players are Cerner Corporation, eclinicalworks, Epic Systems Corporation, gebbshealthcare Solutions, GE Healthcare, Experian PLC, Mckesson Corporation, Quest Diagnostics Incorporated, Athenahealth, Inc., Allscripts Healthcare Solutions, Inc.& Other Players

Cerner Corporation - Company Financial Analysis

Revenue Cycle Management (RCM) Market Report Scope:
Report Attributes Details
Market Size in 2022  US$ 262.60 Bn
Market Size by 2030  US$ 558.42 Bn
CAGR   CAGR of 9.89% From 2023 to 2030
Base Year  2022
Forecast Period  2023-2030
Historical Data  2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • by Type (Standalone and Integrated)
• by Component (Software and Services)
• by Deployment (Cloud and On-premise)
• by End-user (Hospitals, Physicians, and Diagnostic & Ambulatory Care Centers)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Cerner Corporation, eclinicalworks, Epic Systems Corporation, gebbshealthcare Solutions, GE Healthcare, Experian PLC, Mckesson Corporation, Quest Diagnostics Incorporated, Athenahealth, Inc., Allscripts Healthcare Solutions, Inc
Key Drivers • Government measures are driving up demand.
• Cost-effective product development through technological advances
Market Opportunities • Demand for RCM solutions on the cloud.
• growing concentration among organizations that provide end-to-end services.

Frequently Asked Questions

Ans:- The Revenue Cycle Management (RCM) Market is expected to reach at USD 558.42 Bn by 2030. 

Ans:- Demand for RCM solutions on the cloud and growing concentration among organizations that provide end-to-end services.


Ans:- Revenue cycle management is divided into four categories: type, component, deployment mechanism, and end-user. 

Ans:-  North America dominated the revenue cycle management market in 2022.

Ans:- The primary growth tactics of Revenue Cycle Management (RCM)  market participants include merger and acquisition, business expansion, and product launch.

Table of Contents


1. Introduction

1.1 Market Definition 

1.2 Scope

1.3 Research Assumptions


2. Research Methodology


3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges 


4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies US Canada Germany France United Kingdom China Japan South Korea Rest of the World


5. Value Chain Analysis


6. Porter’s 5 forces model


7. PEST Analysis


8. Revenue Cycle Management (RCM) Market Segmentation, by Type

8.1 Standalone

8.2 Integrated


9. Revenue Cycle Management (RCM) Market Segmentation, by Component

9.1 Software

9.2 Services


10. Revenue Cycle Management (RCM) Market Segmentation, by Deployment

10.1 Cloud

10.2 On-premise


11. Revenue Cycle Management (RCM) Market Segmentation, by End-user

11.1 Hospitals

11.2 Physicians

11.3 Diagnostic & Ambulatory Care Centers


12. Regional Analysis

12.1 Introduction

12.2 North America

12.2.1 USA

12.2.2 Canada

12.2.3 Mexico

12.3 Europe

12.3.1 Germany

12.3.2 UK

12.3.3 France

12.3.4 Italy

12.3.5 Spain

12.3.6 The Netherlands

12.3.7 Rest of Europe

12.4 Asia-Pacific

12.4.1 Japan

12.4.2 South Korea

12.4.3 China

12.4.4 India

12.4.5 Australia

12.4.6 Rest of Asia-Pacific

12.5 The Middle East & Africa

12.5.1 Israel

12.5.2 UAE

12.5.3 South Africa

12.5.4 Rest

12.6 Latin America

12.6.1 Brazil

12.6.2 Argentina

12.6.3 Rest of Latin America


13. Company Profiles

13.1 Cerner Corporation

13.1.1 Financial

13.1.2 Products/ Services Offered

13.1.3 SWOT Analysis

13.1.4 The SNS view

13.2 eClinicalWorks

13.3 Epic Systems Corporation

13.4 GeBBSHealthcare Solutions

13.5 GE Healthcare

13.6 Experian PLC

13.7 Mckesson Corporation

13.8 Quest Diagnostics Incorporated

13.9 Athenahealth, Inc.

13.10 Allscripts Healthcare Solutions, Inc.


14. Competitive Landscape

14.1 Competitive Benchmarking

14.2 Market Share Analysis

14.3 Recent Developments


15. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.


The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Data Bank Validation

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.

Share Page
Start a Conversation

Hi! Click one of our member below to chat on Phone