Healthcare Analytics Market 2020-2026 Growth Rate, Demands, Status, Upcoming Trends, COVID 19 Impact Analysis and High-income Segments Breakdown | DBMR Updates

A transparent research method has been accomplished with the right tools and techniques to make this Healthcare Analytics Market research report world-class. Two of the most widely used techniques namely SWOT analysis and Porter's Five Forces Analysis have been used while generating this report. Competitive analysis conducted in this report puts light on the moves of the key players in the Healthcare industry such as new product launches, expansions, agreements, joint ventures, partnerships & recent acquisitions. Healthcare Analytics Market research report adoption plays an essential role for the business growth as it supports with the better decision making, enhancing revenue generation, prioritizing market goals and results in profitable business.

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The information and data cited in this world class Healthcare Analytics marketing report is collected from the trustworthy sources such as websites, journals, mergers, and annual reports of the companies. This market report gives wide-ranging analysis of the market structure and the evaluations of the various segments and sub-segments of the ABC industry. Healthcare Analytics market research report conducts a precise analysis of current scenario of the market, which covers several market dynamics. The market report is accomplished with transparent research studies and is generated by a team work of experts in their own domain.

Healthcare analytics is also known as clinical data analytics which is the branch of analysis that offers insights into patient records, hospital management, diagnosis and more providing insights on macro and micro levels. Healthcare analytics helps in providing real-time data that can help in deciding the course of future treatment of the patient.

Analytics can be used in multiple ways in today’s healthcare setting, like:

Operations management
Clinical variability (cost/quality/outcomes) assessment
Patient segmentation
Risk management
Population health
Patient monitoring

Global Healthcare Analytics Market is projected to register a healthy CAGR of 15.4% in the forecast period of 2019 to 2026.

Competitive Analysis: Global Healthcare Analytics Market

Some of the prominent participants operating in this Healthcare Analytics Market are IBM, Wipro Limited, Allscripts, Cerner Corporation, Health Catalyst, Inovalon, McKesson Corporation, MEDEANALYTICS, INC., Optum, Inc., Oracle, SAS Institute Inc., SCIOInspire, Corp., Verscend Technologies Pvt. Ltd, CitiusTech Inc. Vitreos Health, Ikon Tech IQVIA, and GENERAL ELECTRIC and others

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Report Highlights: Healthcare Analytics Market
• Shifting Industry dynamics
• In-depth Healthcare Analytics Market segmentation
• Historical, current and projected industry size Recent industry trends
• Key Competition landscape
• Strategies for key players and product offerings
• Potential and niche segments/regions exhibiting promising growth
• A neutral perspective towards market performance

Segmentation: Global Healthcare Analytics Market

The Global Healthcare Analytics Market is segmented into five notable segments such as Type, Component, Delivery Model, Application and End User

On the basis of type, the Healthcare Analytics Markett is segmented into predictive analytics, descriptive analytics and prescriptive analytics.Prescriptive analytics segment is growing at the highest CAGR and expected in the forecast period of 2019 to 2026.

In 2018 , McKesson launched Health Mart Atlas, which is the largest network of high-performing community pharmacies dedicated to delivering high quality care with a personal touch

On the basis of component, the Healthcare Analytics Market is segmented into software, hardware and services. The services segment is sub-segmented into support services and business analytics services.Software segment is estimated to grow at the highest CAGR in the forecast period of 2019 to 2026.

In 2018, McKesson acquired RxCrossroads . With this acquisition McKesson has become a partner with pharmaceutical manufacturers, providers, pharmacies, governments and other organizations in healthcare to help provide medicines, medical products and healthcare services to the patients.

On the basis of delivery model, the Healthcare Analytics Market is segmented into on-demand and on-premise.On-demand segment is growing at the highest CAGR of in the forecast period of 2019 to 2026.

In 2018, EPSi, Allscripts flagship budgeting, long-range planning, cost accounting and financial decision support platform, announced a partnership with MPA Healthcare Solutions.

On the basis of application, the Healthcare Analytics Market is segmented into clinical analytics, financial analytics, operational and administrative analytics and population health analytics. The clinical analytics segment is sub-segmented into quality improvement and clinical benchmarking, clinical decision support, regulatory reporting and compliance, comparative analytics/ effectiveness and precision health. The financial analytics segment is sub-segmented into claims processing, revenue cycle management (RCM), payment integrity and fraud, waste, and abuse (FWA) and risk adjustment and risk assessment. The operational and administrative analytics segment is sub-segmented into supply chain analytics, workforce analytics, enterprise performance, supply chain analytics, market intelligence, research analytics and strategic analytics. The population health analytics segment is sub-segmented into population risk management, population care management, patient engagement, clinical outcome management and activity-based costing.Population health analytics segment is growing at the highest CAGR in the forecast period of 2019 to 2026.

In 2018, OptumServe, the federal government health services business of Optum, was recently selected to continue to provide health services to participants in two federal health programs, building on years of successful service to first responders and the U.S. Armed Forces. .

On the basis of end user, the Healthcare Analytics Market is segmented into healthcare payers, healthcare providers and ACOS, HIES, MCOS, and TPAS. The healthcare payers segment is sub-segmented into government agencies, private insurance companies and employers and private exchanges. The healthcare providers segment is sub-segmented into post-acute care organizations, hospitals, physician practices, and IDNS and ambulatory settings.Healthcare Payers segment is growing at the highest CAGR in the forecast period of 2019 to 2026.

In 2018, Cerner began an EHR implementation at the five hospitals and 50 primary and specialty care clinics part of University of Missouri (MU) Health Care in Columbia.

Product Launch:

In 2018, Medtronic plc and its strategic technology partner, IBM Watson Health, announced commercial availability of the Sugar.IQ smart diabetes assistant, a first-of-its-kind intelligent app designed to simplify and improve daily diabetes management

In 2018, SAS for Containers was launched. This will help IBM Watson Health to expand their product portfolio and become a strong market player.

In 2018, ExpressCoverage has been launched by McKesson Specialty Health and CoverMyMeds (divisions of McKesson Corporation). This is an integrated eServices platform designed to improve the patient care journey. ExpressCoverage is a new and powerful patient provision platform that will help consumers to connect patients, providers, payers and the life science industry to facilitate patient access and adherence for improved outcomes.

Report on (2020-2027 Healthcare Analytics Market Report) mainly covers 12 sections acutely display the global market:

Chapter 1: To describe Healthcare Analytics Market Introduction, product scope, market overview, market opportunities, market risk, market driving force.

Chapter 2: To analyze the top manufacturers of Healthcare Analytics Market, with sales, revenue, and price of Healthcare Analytics Market, in 2010 and 2020.

Chapter 3: Healthcare Analytics Market, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2014 and 2020.

Chapter 4: To show the global market by regions, with sales, revenue and market share of Healthcare Analytics Market, for each region, from 2014 Healthcare Analytics Market to 2020.

Chapter 5, 6, 7, 8 and 9 To analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions.

Chapter 10 and 11 To show the market by type and application, with sales market share and growth rate by type, application, from 2014 Healthcare Analytics Market to 2020.

Chapter 11 Healthcare Analytics Market forecast, by regions, type and application, with sales and revenue, from 2020 to 2027 Healthcare Analytics Market.

Chapter 12: To describe Healthcare Analytics sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.

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