Healthcare Analytics Market Comprehensive Study 2018: Cognizant, Health Catalyst, Verisk Analytics, Philips Healthcare SL, HealthKart, Information Builders, CitiusTech, VitreosHealth, SCIO Health Analytics®, Inovalon, Wipro Limited, Verscend, SAP

Global Healthcare Analytics market is a complete background analysis of Healthcare industry, which includes an assessment of the parental market. The report includes detailed market definition, classifications, applications and market trends. Healthcare Analytics market report provides an in-depth overview of Product Specification, technology, product type and production analysis considering major factors such as Revenue, Cost, Gross and Gross Margin. It includes a comprehensive evaluation of the Markets growth prospects and Restrictions. Furthermore, it attempts to determine the impact of Buyers, Substitutes, New entrants, Competitors, and Suppliers on the market.

Global Healthcare Analytics Market is expected to reach USD 8.87billion by 2025, from USD 8.65billion in 2017 growing at a CAGR of 25.5% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

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Key Developments in the Market:

• In 2018,EXL(U.S.) acquired SCIO Health Analytics(U.S.).This acquisition would strengthen EXL’s capability in the high growth cost optimisation and care optimisation markets.

• In 2017, Internet Brands(U.S.) acquired WebMD(U.S.) for exploring and evaluating potential strategic alternatives.

Health care analytics is described as the healthcare analysis activities that can be provides data collected from four areas within healthcare, claims and cost data, pharmaceutical , research and development (R&D) data and clinical data which is collected from electronic medical records (EHRs). . According to WHO (World Health Organization) study shows that, in 2015, one mobile app can gather 100 million users, extract relevant and useful data and deliver service to the benefit of healthcare stakeholders. Due the increasing use of analytics in research and development, pharmaceutical, clinical data the demand of healthcare analytics is rising

Competitors/Players: Global Healthcare Analytics Market

• IBM Corporation,
• Oracle Corporation,
• SAS,
• Cerner Corporation,
• Allscripts Healthcare Solutions, Inc.,
• Optum Health, Inc.,
• Verisk Analytics, Inc.,
• Truven Health Analytics,
• McKesson Corporation,
• MedAssets, Inc.,
• Mede Analytics, Inc,
• Cognizant,
• Health Catalyst,
• 3M Company,
• Philips Healthcare,
• Information Builders Inc.,
• HealthKart,
• CitusTech,
• VitreosHealth,
• SCIO Health,
• Inovalon,
• Wipro,
• Verscend,
• TIBCO Software, Inc.,
• Tableau Software, Inc.,
• SAP SE,
• NextHealth Technologies,
• UnitedHealthcare Group
• among other.

Competitive Analysis: Global Healthcare Analytics Market

The global healthcare analytics market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of global continuous glucose monitoring market for global, Europe, North America, Asia Pacific and South America.

For Instance, in 2017, Teladoc(U.S.) acquired Best Doctors(U.S.).This acquisition was beneficial for teladoc out of the field of its current repertoire of offering primary care, common dermatology conditions and behavioral health (which it mainly does through episodic care) and into a wider spectrum of medical conditions, including those that are critical and often expensive.

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Major Market Drivers and Restraints:

• Healthcare cost reduction

• Patient outcomes improvement

• Revenue growth

• Rising patient data in healthcare systems

• Improving healthcare decisions

• Improving the relation between caregivers and care providers, including insurance providers.

• Rising popularity of big data analytics in transforming healthcare in developing and developed economies

Primary Respondents

Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.

Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others

Key Highlights of Report

• Overview of key market forces propelling and restraining market growth

• Offers a clear understanding of the competitive landscape and key product segments

• An analysis of strategies of major competitors

• Detailed analyses of industry trends

• A well-defined technological growth map with an impact-analysis

• Provides profiles of major competitors of the market.

• Details of their operations, product and services.

• Recent developments and key financial metrics.

Market Segmentation: Global Healthcare Analytics Market

The global healthcare analytics control market is segmented based on

• type,
• component,
• delivery mode,
• application,
• end user and
• region.

Based on type, the market is sub segmented into

• prescriptive,
• descriptive,
• predictive.

Based on component, the market is segmented into

• software,
• hardware,
• services.

Based on geography, the market report covers data points for 28 countries across multiple geographies namely

• North America
• South America,
• Europe,
• Asia-Pacific
• Middle East & Africa.

Customization of the Report

• All segmentation provided above in this report is represented at country level and can be customized according to needs.

• All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization).

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