Dublin, Nov. 05, 2025 (GLOBE NEWSWIRE) -- The "Healthcare Payment Processing Market Report 2025" has been added to ResearchAndMarkets.com's offering.
The Healthcare Payment Processing Global Market Report 2025 provides essential insights for strategists, marketers, and senior management to assess the global market landscape. With a focus on one of the fastest-growing markets, this detailed report analyzes trends that will shape the healthcare payment processing space over the next decade and beyond.
The healthcare payment processing market is projected to grow significantly, increasing from $20.98 billion in 2024 to $24.15 billion in 2025, representing a CAGR of 15.1%. This growth is driven by factors such as increased adoption of electronic health records, demand for efficient claims management, cost containment efforts, automation in payment processes, and regulatory compliance.
By 2029, the market is expected to reach $41.9 billion with a CAGR of 14.8%. The expansion will be fueled by value-based care models, electronic payments, real-time payment solutions, telehealth services, and an enhanced focus on patient financial experiences. Notable trends include advancements in blockchain, AI integration, cloud-based platforms, fraud detection systems, and mobile payment adoption.
Telehealth adoption is a significant driver, offering remote healthcare delivery through digital means. It facilitates secure transactions and reduces administrative tasks, notably enhancing efficiency and accessibility. For instance, from March 2021 to July 2022, over 95,000 healthcare providers in Australia conducted about 118.2 million telehealth visits, highlighting telehealth's impact on the payment processing market.
Leading industry players prioritize real-time reimbursement solutions to improve revenue cycles, reduce administrative burdens, and offer quicker provider access to capital. In April 2025, Rectangle Health Inc. launched PayerSync, streamlining healthcare payments by integrating payer and provider systems, thus optimizing payment cycles and minimizing manual processes.
In August 2023, Waystar Holding Corp. acquired HealthPay24 Inc. to enhance its healthcare payment network, aiming to simplify the patient financial experience and ensure timely provider payments. HealthPay24 specializes in cloud-based, real-time patient payment processing.
Prominent companies in the market include Optum Inc., PayPal Holdings Inc., GE Healthcare Technologies Inc., Global Payments Inc., and Square Inc., among others. Regional evaluation shows North America as the leading market in 2024, with Asia-Pacific poised for rapid growth during the forecast period. Covered regions include Asia-Pacific, Europe, North America, South America, and others, with countries like the USA, China, and Germany playing significant roles.
Global trade tensions and evolving tariffs affect the market dynamics, notably impacting the supply of medical devices and pharmaceuticals following tariff increases in spring 2025. The industry is adapting through diversified sourcing, enhancing local manufacturing, and advocating for tariff exemptions.
The healthcare payment processing market comprises revenues from services like medical billing, claims management, and payment solutions. The market value stems from the direct sale of related goods and services involving software, hardware, and payment systems that facilitate transactions within the healthcare ecosystem.
This comprehensive market research report offers a detailed perspective on industry trends, opportunities, and challenges, providing insights essential for stakeholders navigating the rapidly evolving healthcare payment processing landscape.
Why Purchase This Report?
- Gain a comprehensive global perspective with coverage of 15 geographies.
- Evaluate the impact of macro factors such as geopolitical conflicts, trade policies, post-pandemic supply chain realignment, inflation, and regulatory changes.
- Formulate regional and country-specific strategies using local data and insights.
- Identify key growth segments for investment opportunities.
- Leverage forecast data to outperform competitors and understand market drivers and trends.
- Gain insights into customer preferences through the latest market share data.
- Benchmark performance against main competitors.
- Support presentations with reliable, high-quality data and analytics.
- Receive updated data, including an Excel data sheet for seamless analysis and extraction.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 250 |
| Forecast Period | 2025 - 2029 |
| Estimated Market Value (USD) in 2025 | $24.15 Billion |
| Forecasted Market Value (USD) by 2029 | $41.9 Billion |
| Compound Annual Growth Rate | 14.8% |
| Regions Covered | Global |
Scope and Coverage
- Components: Software, Hardware, Services
- Deployment: On-Premises, Cloud
- Payment Methods: Credit Card, Debit Card, Electronic Funds Transfer, Mobile Payment, Others
- Technology: Cloud Solutions, Mobile Applications, AI, Integrated Systems
- End-Users: Hospitals, Clinics, Diagnostic Centers, Ambulatory Surgical Centers
- Subsegments: Payment Gateway, Revenue Cycle Management, EHR Integration, Billing, Claims Management, Fraud Detection Software
Companies Featured
- Optum Inc.
- PayPal Holdings Inc.
- GE Healthcare Technologies Inc.
- Global Payments Inc.
- Square Inc.
- Experian Health Inc.
- Elavon Inc.
- Conifer Health Solutions LLC
- Waystar Inc.
- Veradigm Inc.
- Zelis Healthcare LLC
- Availity LLC
- Greenway Health LLC
- Tebra Technologies Inc.
- Pineapple Payments Inc.
- The SSI Group LLC
- Rectangle Health Inc.
- Fattmerchant Inc
- Electronic Merchant Systems LLC
- Plexis Healthcare Systems Inc.
- Dharma Merchant Services Inc.
For more information about this report visit https://www.researchandmarkets.com/r/9gnm3b
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