[220+ Pages Latest Report] According to a market research study published by Custom Market Insights, the demand analysis of Global Digital Payment in Healthcare Market size & share revenue was valued at approximately USD 12,582.1 Million in 2023 and is expected to reach USD 14,746.2 Million in 2024 and is expected to reach around USD 61,521.8 Million by 2033, at a CAGR of 17.2% between 2024 and 2033. The key market players listed in the report with their sales, revenues and strategies are Square Inc., PayPal Holdings Inc., Stripe Inc., Worldpay Inc., Adyen N.V., Global Payments Inc., Fiserv Inc., Mastercard Incorporated, Visa Inc., American Express Company, Ingenico Group, First Data Corporation, Clover Network Inc., HealthPay24 LLC, Nets Group A/S, and others.

Austin, TX, USA, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled “Digital Payment in Healthcare Market Size, Trends and Insights By Type of Payment (Direct Payments, Credit/Debit Card Payments, Bank Transfers, Digital Wallets, Indirect Payments, Third-Party Payers, Health Savings Accounts (HSAs), Flexible Spending Accounts (FSAs)), By Solution (Application Program Interface, Payment Gateway, Payment Processing, Payment Security & Fraud Management, Transaction Risk Management, Others), By End-User (Hospitals, Medical Clinics, Pharmacies, Health Insurance Companies, Telemedicine and Remote Health Services, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025–2034” in its research database.

“According to the latest research study, the demand of global Digital Payment in Healthcare Market size & share was valued at approximately USD 12,582.1 Million in 2023 and is expected to reach USD 14,746.2 Million in 2024 and is expected to reach a value of around USD 61,521.8 Million by 2033, at a compound annual growth rate (CAGR) of about 17.2% during the forecast period 2024 to 2033.”

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Digital Payment in Healthcare Market: Growth Factors and Dynamics

• Increasing Contactless Payments: Many places have seen higher demand for touchless and mobile payments due to health and safety issues. The health scare of COVID-19 called for action among healthcare providers, thus compelling them to implement these technologies into their payment systems.

• Government Policies and Regulations: As government policies and rules about digital health and payment are gaining momentum, adopting digital payment solutions in healthcare sectors, including eHR systems and telehealth reimbursements, is gaining speed.

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• Growing Consumer Expectations for Convenience: The expectations from healthcare services are changing with the growing demand for convenience, including online appointment scheduling and bill payments, thus making healthcare organizations capable of offering more flexible payment options.

• Health Insurance Coverage Growth: The growth of health insurance coverage and reimbursement models requires digital payment solutions. Complex claims and payments are now being made digitally, which makes it easier to deal with claims, costs, and patient responsibilities and, thus, improves a better financial management system in healthcare.

Report Scope

Feature of the Report	Details
Market Size in 2024	USD 14,746.2 Million
Projected Market Size in 2033	USD 61,521.8 Million
Market Size in 2023	USD 12,582.1 Million
CAGR Growth Rate	17.2% CAGR
Base Year	2023
Forecast Period	2024-2033
Key Segment	By Type of Payment, Solution, End-User and Region
Report Coverage	Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope	North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options	Request tailored purchasing options to fulfil your research requirements.

(A free sample of the Digital Payment in Healthcare report is available upon request; please contact us for more information.)

Our Free Sample Report Consists of the following:

• Introduction, Overview, and in-depth industry analysis are all included in the 2024 updated report.
• The COVID-19 Pandemic Outbreak Impact Analysis is included in the package.
• About 220+ Pages Research Report (Including Recent Research)
• Provide detailed chapter-by-chapter guidance on the Request.
• Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2024
• Includes Tables and figures have been updated.
• The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis 
• Custom Market Insights (CMI) research methodology

(Please note that the sample of the Digital Payment in Healthcare report has been modified to include the COVID-19 impact study prior to delivery.)

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Digital Payment in Healthcare Market: Partnership and Acquisitions

• In 2023, Mastercard partnered with the Arab African International Bank to drive digital transformation. This collaboration focuses on implementing AAIB’s digital strategy and secure payment solutions.

• In 2023, HDFC Bank joined hands with Crunchfish to launch OfflinePay. It’s the pilot for Offline digital payments under the RBI’s Regulatory Sandbox Program. They aimed to try out new payment solutions for customers and merchants.

• In 2023, Zelis partnered with Rectangle Health to launch a processing solution for healthcare digital payments. This collaboration aims to streamline payment processes for healthcare providers using Rectangle Health’s software solutions and Zelis’ technology expertise.

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Key questions answered in this report:

• What is the size of the Digital Payment in Healthcare market and what is its expected growth rate?
• What are the primary driving factors that push the Digital Payment in Healthcare market forward?
• What are the Digital Payment in Healthcare Industry's top companies?
• What are the different categories that the Digital Payment in Healthcare Market caters to?
• What will be the fastest-growing segment or region?
• In the value chain, what role do essential players play?
• What is the procedure for getting a free copy of the Digital Payment in Healthcare market sample report and company profiles?

Key Offerings:

• Market Share, Size & Forecast by Revenue | 2024−2033
• Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
• Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions
• Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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Digital Payment in Healthcare Market – Regional Analysis

The Digital Payment in Healthcare Market is segmented into North America, Europe, Asia-Pacific, and LAMEA regions. Below is a brief overview of each region:

• North America: North America includes the U.S. and Canada, advanced countries with very advanced healthcare facilities and higher adoption of electronic technologies compared to other regions. North America’s trend is towards fully integrating digital payment solutions with EHRs and telehealth platforms. There is a focus on the adoption of advanced fraud detection systems and several payment options, like mobile wallets and contactless payments, to enhance the convenience of patients and ease administrative procedures.

• Europe: Europe comprises a vast spread of healthcare markets with different adoption levels of digital payments and the regulatory environment. European interest is in deploying digital payment solutions aligned with regulations like GDPR and PSD2. The trend includes secure payment adoption, ensuring data protection against non-representative figures while allowing for cross-border payments with EU member states. Incorporate digital payments into the national health systems and foster innovations such as blockchain to ensure maximum transparency and security.

• Asia-Pacific: Asia-Pacific is about developing economies with varying levels of health systems and digital payment acceptance. In Asia-Pacific, the trend is extending the reach of mobile and digital payment solutions to large populations and emerging markets. Asia-Pacific aims to enhance financial inclusion and access through mobile wallets and digital banking solutions. High growth has also been reported in integrating telemedicine services and health management applications with payment systems for the solution of the unique healthcare needs of the region.

• LAMEA (Latin America, Middle East, and Africa): LAMEA is an emerging market region with various levels of healthcare infrastructure and adoption of digital payment. The trend in LAMEA is to develop affordable and accessible digital payment solutions that can improve financial inclusion and simplify healthcare transactions. Mobile payments and SMS-based solutions are gaining importance in relatively low banking penetration areas. Besides, digital payments are being integrated with local health initiatives, and healthcare billing and claims processing are being improved in underserved areas.

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Browse the full “Digital Payment in Healthcare Market Size, Trends and Insights By Type of Payment (Direct Payments, Credit/Debit Card Payments, Bank Transfers, Digital Wallets, Indirect Payments, Third-Party Payers, Health Savings Accounts (HSAs), Flexible Spending Accounts (FSAs)), By Solution (Application Program Interface, Payment Gateway, Payment Processing, Payment Security & Fraud Management, Transaction Risk Management, Others), By End-User (Hospitals, Medical Clinics, Pharmacies, Health Insurance Companies, Telemedicine and Remote Health Services, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025–2034” Report at https://www.custommarketinsights.com/report/digital-payment-in-healthcare-market/

List of the prominent players in the Digital Payment in Healthcare Market:

• Square Inc.
• PayPal Holdings Inc.
• Stripe Inc.
• Worldpay Inc.
• Adyen N.V.
• Global Payments Inc.
• Fiserv Inc.
• Mastercard Incorporated
• Visa Inc.
• American Express Company
• Ingenico Group
• First Data Corporation
• Clover Network Inc.
• HealthPay24 LLC
• Nets Group A/S
• Others

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The Digital Payment in Healthcare Market is segmented as follows:

By Type of Payment

• Direct Payments
  • Credit/Debit Card Payments
  • Bank Transfers
  • Digital Wallets
• Indirect Payments
  • Third-Party Payers
  • Health Savings Accounts (HSAs)
  • Flexible Spending Accounts (FSAs)

By Solution

• Application Program Interface
• Payment Gateway
• Payment Processing
• Payment Security & Fraud Management
• Transaction Risk Management
• Others

By End-User

• Hospitals
• Medical Clinics
• Pharmacies
• Health Insurance Companies
• Telemedicine and Remote Health Services
• Others

Click Here to Get a Free Sample Report of the Global Digital Payment in Healthcare Market @ https://www.custommarketinsights.com/report/digital-payment-in-healthcare-market/

Regional Coverage:

North America

• U.S.
• Canada
• Mexico
• Rest of North America

Europe

• Germany
• France
• U.K.
• Russia
• Italy
• Spain
• Netherlands
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• New Zealand
• Australia
• South Korea
• Taiwan
• Rest of Asia Pacific

The Middle East & Africa

• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
• Rest of the Middle East & Africa

Latin America

• Brazil
• Argentina
• Rest of Latin America

This Digital Payment in Healthcare Market Research/Analysis Report Contains Answers to the following Questions.

• What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
• Who Are the Global Key Players in This Digital Payment in Healthcare Market? What are Their Company Profile, Product Information, and Contact Information?
• What Was the Global Market Status of the Digital Payment in Healthcare Market? What Was the Capacity, Production Value, Cost and PROFIT of the Digital Payment in Healthcare Market?
• What Is the Current Market Status of the Digital Payment in Healthcare Industry? What's Market Competition in This Industry, Both Company and Country Wise? What's Market Analysis of Digital Payment in Healthcare Market by Considering Applications and Types?
• What Are Projections of the Global Digital Payment in Healthcare Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
• What Is Digital Payment in Healthcare Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
• What Is the Economic Impact On Digital Payment in Healthcare Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
• What Are Market Dynamics of Digital Payment in Healthcare Market? What Are Challenges and Opportunities?
• What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Digital Payment in Healthcare Industry?

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Reasons to Purchase Digital Payment in Healthcare Market Report

• Digital Payment in Healthcare Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
• Digital Payment in Healthcare Market report outlines market value (USD) data for each segment and sub-segment.
• This report indicates the region and segment expected to witness the fastest growth and dominate the market.
• Digital Payment in Healthcare Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
• The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
• Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
• The Industry's current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
• Digital Payment in Healthcare Market Includes in-depth market analysis from various perspectives through Porter's five forces analysis and provides insight into the market through Value Chain.

Reasons for the Research Report

• The study provides a thorough overview of the global Digital Payment in Healthcare market. Compare your performance to that of the market as a whole.

• Aim to maintain competitiveness while innovations from established key players fuel market growth.

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What does the report include?

• Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Digital Payment in Healthcare market analysis.

• The competitive environment of current and potential participants in the Digital Payment in Healthcare market is covered in the report, as well as those companies' strategic product development ambitions.

• According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.

• For each segment mentioned above, actual market sizes and forecasts have been given.

Who should buy this report?

• Participants and stakeholders worldwide Digital Payment in Healthcare market should find this report useful. The research will be useful to all market participants in the Digital Payment in Healthcare industry.

• Managers in the Digital Payment in Healthcare sector are interested in publishing up-to-date and projected data about the worldwide Digital Payment in Healthcare market.

• Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Digital Payment in Healthcare products' market trends.

• Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans. 

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