Report Format: PDF
Published Date: Oct-2018 | 174 Pages | Report ID: VSR001292
Global Healthcare Analytics Market Size is estimated to expand rapidly in coming years, at a CAGR of 28.6 % from 2018 to 2025. In 2017, the global market valuation was USD 13.9 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. Health analytics includes a broad range of techniques, techniques, and abilities used to synthesize and analysis wellness information from a broad variety of wellness sectors, in order to unravel key trends and obtain insight into the improvement of wellness results. In global healthcare technologies, health analytics have increasingly been a key factor in boosting customer results and enhancing the performance of service at a reasonable price. Globally, healthcare organizations exploit the ability of data-based choices to enhance the involvement and knowledge of patients. In addition, health analytics provides perspectives into income model and risk models in healthcare organizations. Geographically, North America region is expected to be the highest growing region in the global market of the healthcare analytics market.
Global Market Growth Opportunities (Revenue, Growth) By 2017-2025
This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global healthcare analytics market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global healthcare analytics market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
Segment Analysis
By Type Insights: On the basis of type, global healthcare analytics market has been segmented into predictive, prescriptive, and cognitive. The most important business presence is anticipated to take place in descriptive analytics in 2018 and the Prescriptive Analytics section is supposed to increase in the greatest CAGR over the woodland era. During the prediction period, descriptive analytics will dominate the market as they form the basis for the effective application of predictive or prescriptive analytics.
By Application Insights: On the basis of application, global healthcare analytics market has been segmented into clinical, RCM, claim, fraud, waste, supply chain, PHM, and financial. Due to the increasing emphasis of payers on premature identification and decreasing preventable expenses, the financial analysis sector is projected to dominate the industry in 2018. During the forecast period, the demand for financial analysis is anticipated to grow significantly.
By Delivery Insights: On the basis of delivery, global healthcare analytics market has been segmented into on-demand, cloud, on-premises. The on-premises model section will represent the biggest proportion of the worldwide industry in 20198. The easy to adapt on-site alternatives relative to the on-demand designs can be ascribed to this.
By End User Insights: On the basis of end-user, the global healthcare analytics market has been segmented into payers and hospitals. The payers ' section should compensate for the world's biggest percentage in 2018. The need to improve memberships, reduce false allegations, optimize networks of providers and operating expenses and increasing rivalry is convincing health care payers to embrace analytical solutions.
Regional Analysis
The healthcare analytics market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. During the projected era, the industry in North America is anticipated to be the largest. Increasing national healthcare mandates to reduce rising health care expenses are a factor in North American business development: higher legislative demands, improving EHR acceptance, and increasing government efforts focused on personalized medicine.
Geographically, areas that are established and advanced are anticipated to be possibly profitable health analysis economies. Of these, APAC is one of the national economies to arise quickly. The region's significant development opportunities can be ascribed to the existence of several world-class teams in the region. The beneficial function of analytics in hospital readmission reduction also gives the national economy a beneficial impact. Moreover, global market of Europe country is expected to be the moderately growing region in the forecast period.
Global Healthcare Analytics Market Size, Share Analysis by Region 2017
Global Healthcare Analytics Market Study Objective
1. To forecast the market size of healthcare analytics market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.
2. analysis and forecast of healthcare analytics market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.
3. analyze and elaborate on significant factors that will have a major impact on the growth of the healthcare analytics market, such as drivers, restraints, challenges, and opportunities.
4. The regional analysis of the healthcare analytics market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.
5. Strategic analysis of micro-markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.
6. provide a detailed analysis of competitive and strategic developments in the healthcare analytics market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.
Key Players Landscape
Verisk Health, SAS Inc., Oracle Corporation, Truven Health Analytics, McKesson Corporation, MedAssets, Inc., Mede Analytics, Inc., IBM, Health Catalyst, and Cognizant are some of the key players in the market of healthcare analytics.
Global Healthcare Analytics Market Study Report Offer You!
The global healthcare analytics market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end-user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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