Future Outlook of Healthcare Analytics Market Poised to Achieve CAGR of 25.2% by 2026 | Global Key Players - IBM, Oracle, Humedica, Metric Insights, Paradigm4, Rapid Insight, McKesson

Marketprognosis.com Publish a New Market Research Report On “Healthcare Analytics - Global Market Outlook (2017-2026)” which contains global key player’s survey information and forecast to 2026.

Overview of the Global Healthcare Analytics Market:

Global Healthcare Analytics market is expected to grow from $10.01 Billion in 2017 to reach $75.84 Billion by 2026 with a CAGR of 25.2%. Rising venture capital investments, growing government initiatives to raise electronic health record (EHR) adoption and increasing focus on improving patient outcomes are some of the key factors propelling the market growth. However, huge cost of analytics solutions and lack of skilled personnel are some of the factors hampering the market growth. One of the major opportunities in the market is emergence of social media and its impact on the healthcare business.

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Healthcare Analytics technology uses data for quantitative and qualitative analysis, is undergoing an industry transformation from volume-based medicines and reimbursement to value-based medicines and reimbursement. It has been increasingly occupying a vital role in global healthcare systems for boosting patient outcomes and improving the quality of care at affordable cost. Healthcare organizations world over are increasingly leveraging the potential of data-backed decisions to develop patient engagement and experience. Additionally, it offers healthcare institutions crucial insights into revenue and risk models.

By application, the clinical data analytics segment has acquired the significant growth due to the rising adoption of analytics by healthcare providers owing to the increasing pressure to curb healthcare cost, growing adoption of electronic healthcare records, need to improve patient outcomes and reduce hospital readmission rates and increasing focus on personalized medicine-based analytics.

Geographically, North America is estimated to account for the largest market share during the forecast period. Factors such as the increasing federal healthcare mandates to control rising healthcare costs and provide quality care, rising regulatory requirements, growing EHR adoption are expected to drive the market growth.

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Major Key Players:

1 IBM Corporation

2 Oracle Corporation

3 Humedica, Inc.

4 Metric Insights, Inc.

5 Paradigm4

6 Rapid Insight, Inc.

7 Truven Health Analytics

8 Inovalon, Inc.

9 MedeAnalytics, Inc.

10 McKesson Corporation and More……………….

Market Segment by Types Covered:

1 Predictive Analytics

2 Prescriptive Analytics

3 Descriptive Analytics

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This study answers to the below key questions:

1 What will the market size be in 2026 and what will the growth rate be?

2 What are the key market trends?

3 What are the challenges to market growth?

4 Who are the key players in this market?

5 What are the market opportunities and threats faced by the key players?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Healthcare Analytics Market.

Table of Contents:

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global Healthcare Analytics Market, By Component

6 Global Healthcare Analytics Market, By Type

7 Global Healthcare Analytics Market, By Delivery Model

8 Global Healthcare Analytics Market, By Application

9 Global Healthcare Analytics Market, By End User

10 Global Healthcare Analytics Market, By Geography

11 Key Developments

12 Company Profiling

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This release was published on openPR.