Healthcare Business Intelligence Market Next Big Thing | Major Giants Microsoft, IBM, Oracle

Latest released the research study on Global Healthcare Business Intelligence Market, offers a detailed overview of the factors influencing the global business scope. Healthcare Business Intelligence Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Healthcare Business Intelligence. The study covers emerging player’s data, including: competitive landscape, sales, revenue and global market share of top manufacturers are Microsoft (United States), IBM (United States), SAP SE (Germany), Oracle (United States), Cloudera (United States), Enigma (United States), Tellius (United States), H2O.ai (United States), Tableau Software (United States) and Micro Strategy Incorporated (United States).

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Definition:
Healthcare organizations are implementing healthcare business intelligence solutions to improve efficiency and patient care. Business intelligence software industry allowing unique recommendation, personalization, and helps to reduce operational costs, improve quality of patient care, identify patterns. Healthcare data analytics helps healthcare organizations an easy way to prepare, analyze & visualize big and disparate data. A study revealed that the healthcare business intelligence platform market will be expected to reach USD~3.9 billion by FY 2023. Rapid digital transformation and continuous change in regulatory is the highest driving factor behind the growing requirement of business intelligence in the healthcare sector. As with the rising issue of COVID-19, artificial intelligence is on the top, because it has the potential to save lives, money, and resources altogether. There is huge no. of investments that are injected into AI across the globe. For instance, General Electric allocate almost half of its R&D budget in digital and artificial intelligence. Apart from these AI-powered applications also helping people to screen themselves for novel coronavirus, and reduce the pressure on healthcare institutions.

Market Trend
• Artificial Intelligence Based Business Intelligence Applications
• Machine Learning-Based Analytics Could Enable Hospitals

Market Drivers
• Rise in usage of EHRs across hospitals and clinics along with the growing requirement to build up patient data is driving the healthcare business intelligence market. Along with rising concern towards the improvement of patient safety and management at lower costs. And simultaneously the companies are focusing on enhancing revenue by monitoring cash flow to the remaining compliant.

Opportunities
• Rapid growth in the healthcare analytics market, as the healthcare analytics market will triple in the coming five years, will be estimated to reach USD ~50.5 billion by FY2024. The four major segments including financial analytics, administrative and operational analytics, clinical analytics, and population health analytics. This shows strong growth potential for healthcare business intelligence in the coming years.

Restraints
• Refusal to an IT-Based Approach by Medical Professionals
• Operational Gap between Payer and Provider Front

Challenges
• Archaic regulatory infrastructure is a key regulatory issue which is becoming a barrier in the acceptance of AI in the healthcare industry

The Global Healthcare Business Intelligence Market segments and Market Data Break Down are illuminated below:
by Type (Predictive Analytics, Centralization of Electronic Health Records, Personal Health Apps and Devices, The Social Media Wave), Application (Predicting Patient Needs, Reporting Efficiency, Improving Response Rates, Mining Data to Treat Diseases, Identifying At-Risk Patients), Technology (Big Data, Artificial Intelligence), Deployment (On-Premises Model, Cloud – Based Model, Hybrid Model), Compoment (Platforms, Software, Services)
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Analyst at AMA have conducted special survey and have connected with opinion leaders and Industry experts from various region to minutely understand impact on growth as well as local reforms to fight the situation. A special chapter in the study presents Impact Analysis of COVID-19 on Global Healthcare Business Intelligence Market along with tables and graphs related to various country and segments showcasing impact on growth trends.

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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Strategic Points Covered in Table of Content of Global Healthcare Business Intelligence Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Healthcare Business Intelligence market
Chapter 2: Exclusive Summary – the basic information of the Healthcare Business Intelligence Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Healthcare Business Intelligence
Chapter 4: Presenting the Healthcare Business Intelligence Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying market size by Type, End User and Region 2014-2019
Chapter 6: Evaluating the leading manufacturers of the Healthcare Business Intelligence market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries (2020-2025).
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Finally, Healthcare Business Intelligence Market is a valuable source of guidance for individuals and companies in decision framework.

Data Sources & Methodology

The primary sources involves the industry experts from the Global Healthcare Business Intelligence Market including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.

In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company's Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.

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What benefits does AMA research study is going to provide?
• Latest industry influencing trends and development scenario
• Open up New Markets
• To Seize powerful market opportunities
• Key decision in planning and to further expand market share
• Identify Key Business Segments, Market proposition & Gap Analysis
• Assisting in allocating marketing investments

Definitively, this report will give you an unmistakable perspective on every single reality of the market without a need to allude to some other research report or an information source. Our report will give all of you the realities about the past, present, and eventual fate of the concerned Market.

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