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Global Healthcare Analytics Market Growth, Current Status and Future Scenario of Industry Surveyed in New Research Report 2021-2030

09-15-2021 03:55 PM CET | Health & Medicine

Press release from: Absolute Markets Insights

Global Healthcare Analytics Market

Global Healthcare Analytics Market

Absolute Markets Insights has published a new research report titled as Healthcare Analytics market to its exhaustive database. It defines dynamic aspects of the businesses to get inclusive data for better understanding of the customers. In terms of revenue, the global healthcare analytics market was valued at US$ 11.87 Mn and is expected to reach US$ 29.99 Mn, growing at a CAGR of 27.84%over the forecast period.

Some of the market players operating in the global healthcare analytics market include Verisk Health, SAS Inc., Oracle Corporation, Truven Health Analytics, McKesson Corporation, MedAssets, Inc., Mede Analytics, Inc., IBM, Health Catalyst, and Cognizant

The growing demand for effectual decision-making in the medical industry from data-backed insights is globally consolidation the adoption of healthcare analytics. The increased use of various analytical devices in healthcare systems in order to close performance gaps is driving the market growth. The approval of various wearable medical devices and sensors are aiding in the collection of individuals’ data. Moreover, the industry is exploiting the broad potential of tools and techniques offered by healthcare analytics to help stakeholders better identify goals for public health and provide sound data-driven medical care. For instance, Health Catalyst, a technology, and services provider offers data analytics to healthcare organizations. Additionally, in order to build the links between patients and healthcare providers, including those who provide insurance, insights from healthcare analysis are proving to be quite helpful. This has accelerated the demand for healthcare analytics market globally.

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On the basis of type, descriptive analytics’ ability to analyze historical data and gain actionable insights into the future will promote segment growth. It is the most fundamental and widely accepted form of analytics that acts as a precursor to predictive and prescriptive analytics.
The market segmented on the basis of application is expected to be dominated by financial analytics as payers are increasingly focusing on early detection of fraud and reducing preventable costs.
On the basis of geography, North America held the largest share of the market owing to the highly developed technological infrastructure in the United States.

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Global Healthcare Analytics Market:
By Type
• Predictive
• Prescriptive
• Cognitive

By Delivery Model
• On-Premise Models
• On-Demand Models

By Application
• Clinical Analytics
• Financial Analytics
• Operational and Administrative Analytics
• Population Health Analytics
By Component
• Service
• Hardware
• Software

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Reasons to Purchase this Report
• Provide Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Detailed analysis of geography segmentation by type and application
• includes Extensive company profiles such as company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments
• Includes in-depth analysis of the market of various perspectives through SWOT and PESTEL analysis
• Market dynamics scenario, along with growth opportunities of the market

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Company: Absolute Markets Insights
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Phone: +91-740-024-2424
Contact Name: Shreyas Tanna
The Work Lab,Model Colony, Shivajinagar, Pune, MH, 411016

About Us:

Absolute Markets Insights assists in providing accurate and latest trends related to consumer demand, consumer behavior, sales, and growth opportunities, for the better understanding of the market, thus helping in product designing, featuring, and demanding forecasts. Our experts provide you the end-products that can provide transparency, actionable data, cross-channel deployment program, performance, accurate testing capabilities and the ability to promote ongoing optimization. From the in-depth analysis and segregation, we serve our clients to fulfill their immediate as well as ongoing research requirements. Minute analysis impact large decisions and thereby the source of business intelligence (BI) plays an important role, which keeps us upgraded with current and upcoming market scenarios.

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