Healthcare analytics Market will be Valued at US$ 293.3 Billion by 2025 - Cerner, IBM, Mckesson, Oracle, Wipro, SAS Institute

Businessindustryreports have new report on “Global Healthcare analytics Market 2019-2025”. The report provides the newest industry data and industry future trends. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.

The Healthcare analytics Market valued approximately USD 8.8 billion in 2017 is anticipated to grow with a healthy growth rate of more than 28.3 % over the forecast period 2018-2025. Global healthcare analytics market to reach USD 293.3 billion by 2025.

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The advent of electronic records, mobile applications and eHealth has reduced the communication gap between healthcare providers and patients which is considered as a major growth trend for the global healthcare analytics market. 

Key drivers for the healthcare analytics market are integration of big data analytics in healthcare along with the government programs to promote the adoption of EHR. According to the Massachusetts Technology Collaborative (Mass Tech) in 2015, Massachusetts research universities, hospitals and institutions has received grants over $115 million from the federal government in the form of prime grants to fund 194 different big data projects.

A majority of these grants were funded by the Department of Health and Human Services, as well as the National Science Foundation, NASA and NOAA among others. Most highly funded projects work to combine disparate data sets for highly complex analysis. Through this funding, almost half of these centers use data-driven, analytical research methods to develop technologies, create computational tools and provide insight into the field of healthcare and life sciences.

Thus, government is making efforts to explore advantages of big data analytics in various industries including healthcare to enhance operational efficiency, thereby supplementing the adoption & growth healthcare analytics. Furthermore, growing demand of analytics in personalized and precision medicine is expected to create lucrative growth prospects of the healthcare analytics market across the globe. However, high cost associated with analytics solutions act as a key restraint for the market during the forecast period. 

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Segments and sub-segments by: 

Key Players:

1 Cerner

2 Health Catalyst

3 IBM

4 Mckesson

5 SAS Institute Inc.

6 Oracle 

7 Wipro and more......

Regions:

1 North America Country (United States, Canada)

2 Latin America (Brazil, Mexico)

3 Asia Country (China, Japan, India, Korea)

4 Europe Country (Germany, UK, France, Italy)

5 Other Country (Middle East, Africa, GCC)

Type:

1 Prescriptive 

2 Descriptive 

3 Predictive 

Application: 

1 Clinical 

2 Financial 

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Key questions answered in the report include:

1 What are the key factors driving the Healthcare analytics market?

2 What are the key market trends impacting the growth of the global Healthcare analytics market?

3 What are the challenges to Healthcare analytics market growth?

4 Who are the key vendors in the global Healthcare analytics market?

5 What are the market opportunities and threats faced by the vendors in the global Healthcare analytics market?

6 What are the key outcomes of the five forces analysis of the global Healthcare analytics market?

Table of Content:

1 Global HEALTHCARE ANALYTICS Market Definition and Scope 

2 Research Methodology

3 Executive Summary 

4 Global Healthcare analytics Market Dynamics

5 Global Healthcare analytics Market, By Type

6 Global Healthcare analytics Market, By Insulation Material

7 Global Healthcare analytics Market, By Component

8 Global Healthcare analytics Market, By End-Use

9 Global Healthcare analytics Market, by Regional Analysis

10 Competitive Intelligence

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