Healthcare Fraud Analytics Market size is expected to reach USD 11.2 billion by 2030
Healthcare Fraud Analytics Industry Overview The global healthcare fraud analytics market size was valued at USD 1.63 billion in 2021 and is estimated to expand at a compound annual growth rate (CAGR) of 24.3% from 2022 to 2030. The increasing penetration of health insurance, coupled with the rising number of fraud cases in the healthcare industry, are factors driving the market growth. Furthermore, the growing focus on curbing healthcare costs, as well as the technological advancements to launch advanced analytical techniques, are also expected to fuel the market growth. Gather more insights about the market drivers, restrains and growth of the Global Healthcare Fraud Analytics Market According to IBM Security’s X-Force Threat Intelligence Index, during the COVID-19 pandemic, the number of breached records and the severity of these breaches grew exponentially, despite an overall decline in the number of breach incidents across private and public sectors. This resulte...