The size of the Healthcare Business Process Outsourcing (BPO) Market in the Middle East & Africa was estimated at USD 12.76 Billion in 2024 and is poised to reach USD 20.59 Billion by 2029, growing at a CAGR of 9.99% during the forecast period 2024 to 2029.
On the other hand, the need for structured processes and documentation forces payers and providers to outsource their business processes to low-cost countries to reduce costs. The improving healthcare infrastructure and the increasing investment and funding by the government and non-government organization to accelerate the viability of BPO is expected to expand the market growth.
However, the main advantage for these countries is the timing. Being located in a time zone very close to the time zones of the largest economies allows for a smoother and smoother flow of operations.In addition, with the growing demand for good health management or related services, health organizations must contract out certain services to maintain an efficient system that influences the market growth. On the other hand, increasing pressure to reduce healthcare costs, consolidation of the healthcare system, and strict policies for implementing ICD-10 codes are driving the Middle East and Africa healthcare BPO market.
Vendors near the coast emphasize their benefits for having the best of both worlds, as organizations can work with teams in similar time zones. Cloud-based BPO has changed the BPO sector, and this has aided healthcare facilities to reduce their costs, innovate delivery models, and provide secure access to healthcare information. Due to its advantages, greater adoption of cloud-based BPO services is expected in the future. These factors will help increase MEA healthcare BPO market revenue for the forecast period.However, concerns about loss of control over outsourced processes, worries about product/service quality, and threat to data security are limiting factors for the growth of the Healthcare BPO market in the Middle East and Africa.
Emerging countries such as South Africa, UAE, and Saudi Arabia significantly contributed to the MEA regional market growth. It can mainly be attributed to the improving healthcare sector, high public and private health spending, increasing demand for niche services, and supportive government policies are boosting the market growth.
The UAE healthcare bpo market held the largest market share due to increased demand for reducing overall company costs and growing demand for healthcare business process outsourcing (BPO) services. Most market players are heavily involved in bringing innovative products and technologies to the market.
South Africa healthcare bpo market is expected to have a significant market share with excellent growth potential and opportunities in this region. The essential drivers of growth in the African healthcare BPO market are steadily increasing the prevalence of the regulatory landscape, the pressure on healthcare facilities to reduce costs, and growing IT trends in the healthcare field, big data, and cloud computing.
Some of the major companies operating in the Middle-East & Africa Healthcare Business Process Outsourcing market are Infosys BPO Ltd., Genpact Limited, Cognizant Technology Solutions Corporation, Xerox Corporation. Tata Consultancy Services Ltd. and Accenture PLC.,
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