Global Medical Billing Outsourcing Market Size & Outlook

The medical billing outsourcing industry worldwide is expected to reach a projected revenue of US$ 30,171.1 million by 2030. A compound annual growth rate of 12.3% is expected of the worldwide medical billing outsourcing industry from 2024 to 2030.

Revenue, 2023 (US$M)
$13,430.1
Forecast, 2030 (US$M)
$30,171.1
CAGR, 2024 - 2030
12.3%
Report Coverage
Worldwide

Global medical billing outsourcing market highlights

  • The global medical billing outsourcing market generated a revenue of USD 13,430.1 million in 2023 and is expected to reach USD 30,171.1 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 12.3% by 2030.
  • In terms of segment, outsourced accounted for a revenue of USD 7,291.6 million in 2023.
  • Outsourced is the most lucrative component segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 13,430.1 million
Market revenue in 2030USD 30,171.1 million
Growth rate12.3% (CAGR from 2023 to 2030)
Largest segmentOutsourced
Fastest growing segmentOutsourced
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationIn-house, Outsourced

Other key industry trends

  • In terms of revenue, the North America accounted for 47.0% of the global medical billing outsourcing market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, U.S. is the fastest growing regional market and is projected to reach USD 12,258.8 million by 2030.

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Medical Billing Outsourcing Market Companies

Name Profile # Employees HQ Website

Global medical billing outsourcing market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to medical billing outsourcing market will help companies and investors design strategic landscapes.


Outsourced was the largest segment with a revenue share of 54.29% in 2023. Horizon Databook has segmented the Global medical billing outsourcing market based on in-house, outsourced covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Medical Billing Outsourcing Component Outlook (Revenue, USD Million, 2018-2030)
    • In-house
    • Outsourced
  • Global Medical Billing Outsourcing Services Outlook (Revenue, USD Million, 2018-2030)
    • Front-end Services
    • Middle-end Services
    • Back-end Services
  • Global Medical Billing Outsourcing End-Use Outlook (Revenue, USD Million, 2018-2030)
    • Hospital
    • Physician Office
    • Others

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Target buyers of Global medical billing outsourcing market databook

  • Our clientele includes a mix of medical billing outsourcing market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global medical billing outsourcing market , including forecasts for subscribers. This global databook contains high-level insights into Global medical billing outsourcing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global medical billing outsourcing market size, by region, 2018-2030 (US$M)

Top 10 countries: Medical billing outsourcing market size, 2023 (US$M)

Global medical billing outsourcing market share, by component, 2023 & 2030 (%, US$M)

Medical Billing Outsourcing Market: Opportunity Assessment By Country

Global medical billing outsourcing market, by region, 2023 (US$M)

Global medical billing outsourcing market size, by region, 2018-2030 (US$M)

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