The article cited AMA's Global Health Insurance Exchange (HIX) Market Study explored substantial growth with CAGR of %. According the report, Ppaca/Obamacare Reforms Driving Market Growth
is one of the primary growth factors for the market. The growing application of IT in the health sector is also expected to contribute significantly to the Health Insurance Exchange (HIX) market. Overall, Government Agencies
applications of Health Insurance Exchange (HIX), and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Accenture (Ireland), CGI Group, Inc. (Canada), Deloitte (United States), IBM Corporation (United States), Infosys (India), MAXIMUS (United States), Oracle Corporation (United States.), Xerox Corporation Ltd. (United States.), Connecture (United States) and Cognosante (United States) may see astonishing sales in this Market and certainly improve revenue growth.
AMAs Analyst on the Global Health Insurance Exchange (HIX) market identified that the demand is rising in many different parts of the world as "Private Exchanges Providing Great Market Potential
". One of the challenges that industry facing is "Building Consumer Awareness About Exchanges"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Health Insurance Exchange (HIX) market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Health Insurance Exchange (HIX) market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Health Insurance Exchange (HIX) market tight? Which application/end-user category or Product Type [Public Exchange [State-based Exchange, Federally Facilitated Exchange (FFE), State Partnership Model ] and Private Exchange [Multi-carrier Exchange, Single-carrier Exchange]] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Health Insurance Exchange (HIX) market and other related sub-markets covered in the study.
o Key & emerging players in the Health Insurance Exchange (HIX) market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Health Insurance Exchange (HIX) market size is calculated using market estimation process, the Health Insurance Exchange (HIX) market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Health Insurance Exchange (HIX) market size has been validated using both top-down and bottom-up approaches.