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Healthcare Analytics Market Future Trends and Competitive Scenario 2025: IBM, Oracle, McKesson, Optum, Cerner Corporation, Verscend, Inovalon, SCIO Health Analytics® and MedeAnalytics

09-18-2018 12:49 PM CET | Health & Medicine

Press release from: Research for Markets

/ PR Agency: Research For Markets
Healthcare Analytics Market

Healthcare Analytics Market

This report researches the worldwide Healthcare Analytics market cover complete aggressive standpoint including the overall market, key trends, opportunities, and key statistics on the market status of the leading market players. Also, analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

The 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.

Some of the key players profiled in the Healthcare Analytics Market include:

IBM Corporation, Oracle Corporation, Humedica, Inc., Metric Insights, Inc., Paradigm4, Rapid Insight, Inc., Truven Health Analytics, Inovalon, Inc., MedeAnalytics, Inc., McKesson Corporation, Optum Inc., Cerner Corporation, Vitreoshealth, Scio Health Analytics and Verscend Technologies.

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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.

Components Covered:

• Hardware

Software

• Services

Types Covered:

• Predictive Analytics

• Prescriptive Analytics

• Descriptive Analytics

Delivery Models Covered:

• On-Premise Healthcare Analytics

Cloud-based

• Web-based

Applications Covered:

• Clinical Data Analytics

• Operational and Administrative Analytics

• Financial Data Analytics

• Population Health Analytics

End Users Covered:

• Pharmaceutical Industry

• Academic Organization

• Biotechnology Industry

• Healthcare Provider

• Monitoring Agencies

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.

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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.

Based on Geography, 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.

Reasons to Purchase this Report:

• Current and future of global oncology nutrition market outlook in the developed and emerging markets

• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.

• Regions/countries that are expected to witness the fastest growth rates during the forecast period

• The latest developments, market shares, and strategies that are employed by the major market players

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Note: Any special requirements about this report, please let us know and we can provide custom report.

About Research for Markets:

Research for Markets indulges in detailed and diligent research on different markets, trends and emerging opportunities in the successive direction to cater to your business needs. We have established the pillars of our flourishing institute on the grounds of Credibility and Reliability. RFM delve into the markets across Asia Pacific, North America, South America, Europe, Middle East and Africa.

Contact:

Mr. A Naidu

Research for Markets

Tel: +44 8000-4182-37 (UK)

Email: alan.naidu@researchformarkets.com

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