Healthcare and Medical Analytics Market to 2023 Emerging Growth by Top Companies - IBM, OptumHealth, Oracle, Verisk Analytics, Elsevier, MedeAnalytics, McKesson

Increasing need to reduce healthcare expenditure, including cost associated with medical product flaws and hospital workflow inefficiencies, is anticipated to increase the usage of big data in the healthcare sector.

The digitalization of healthcare data is also one of the primary drivers of healthcare analytics.

 Healthcare Analytics (HA) is used by providers to be able to identify clinically meaningful outcomes in relation to costs through investigational mining of electronic patient records for identifying inherent medical inaccuracies in the system so as to offer cost-effective treatments to patients, while reducing the amount of resources wasted.

Key drivers attributing to the growth of the market include increasing global geriatric population, regulatory changes, rising healthcare costs, and the need to improve payer's operational efficiency and customer satisfaction.

Top Companies Covered in this Report:
IBM, OptumHealth, Oracle, Verisk Analytics, Elsevier, MedeAnalytics, McKesson, Truven Health, Allscripts, Cerner, SAS

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In this report, Publisher studies the present scenario (with the base year being 2017) and the growth prospects of global Healthcare/medical Analytics market for 2018-2023.

Health care analytics is a term used to describe the healthcare analysis activities that can be undertaken as a result of data collected from four areas within healthcare; claims and cost data, pharmaceutical and research and development (R&D) data, clinical data, and patient behavior and sentiment data.

Increasing need to reduce healthcare expenditure, including cost associated with medical product flaws and hospital workflow inefficiencies, is anticipated to increase the usage of big data in the healthcare sector.

Over the next five years, Publisher projects that Healthcare/medical Analytics will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.

This report presents a comprehensive overview, market shares and growth opportunities of Healthcare/medical Analytics market by product type, application, key companies and key regions.

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To calculate the market size, Publisher considers value generated from the sales of the following segments:

Healthcare/medical Analytics Market Segmentation by product type:
Prescriptive
Descriptive

Healthcare/medical Analytics Market Segmentation by application:
Clinical
Financial
Operational and Administrative

Research objectives

1. To study and analyze the global Healthcare/medical Analytics market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.

2. To understand the structure of Healthcare/medical Analytics market by identifying its various subsegments.

3. Focuses on the key global Healthcare/medical Analytics players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.

4. To analyze the Healthcare/medical Analytics with respect to individual growth trends, future prospects, and their contribution to the total market.

5. To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

6. To project the size of Healthcare/medical Analytics submarkets, with respect to key regions (along with their respective key countries).

7. To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

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