Healthcare analytics Market Size, Industry Share, Growth Forecasts by 2027 - Allscripts Healthcare Solutions, Cerner, Health Catalyst, IBM, Mckesson, SAS Institute, Oracle, Wipro

The Healthcare analytics Industry Market report provides an overview of general market trends, sales techniques, and top Healthcare analytics industry countries. The research examines market trends and competition in the global Healthcare analytics industry, analyzing providers in the global market segmentation, market opportunities and the macroeconomic climate. A complete Healthcare analytics industry analysis takes into account population and business cycles, as well as market-specific microeconomic consequences. The global market research also includes a specific competition landscape to help you better understand the Healthcare analytics industry. This information can help stakeholders make educated decisions before investing.

Global healthcare analytics market to reach US Global Healthcare analytics Market Size study D 293.3 billion by 2025.

Global 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 2021-2027. 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.

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This Free report sample includes:
A brief introduction to the Healthcare analytics Market research report.
Graphical introduction of the regional analysis.
Top players in the Healthcare analytics Market with their revenue analysis.
Selected illustrations of Healthcare analytics Market insights and trends.
Example pages from the Healthcare analytics Market report.

The research study includes profiles of leading companies operating in the global Healthcare analytics Market:
Cerner
Health Catalyst
IBM
Mckesson
SAS Institute Inc.
Oracle
Wipro
Optum
Medeanalytics

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.

Market Segmentation:
On the basis of segmentation, the healthcare analytics market is segmented into type, component, delivery mode application and end-user. On the basis of type segment, the market is sub-segmented into prescriptive, descriptive, predictive of which descriptive analytics held the holds the major share owing to its applications and uses in various organizations. The component segment is classified into software, hardware and services of which service segment dominates the market due to growing demand for outsourcing these big data services. On the basis of delivery mode, the market is bifurcated into on-premise, web-based, cloud-based. The application segment is diversified into clinical, financial and operational and administrative. On the basis of end-user segment the market is classified into healthcare providers, healthcare payers, and other end-users out of which healthcare payers is expected to grow at a lucrative rate.

The detailed segments and sub-segment of the market are explained below:
By Type
Prescriptive
Descriptive
Predictive

By Component
Software
Hardware
Services

By delivery-mode
Web-based
On-premise
Cloud-based

By Application:
Clinical
Financial
Operational and administrative

By End-user:
Healthcare Payers
Healthcare Providers
Other End Users

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(Note: The report will be updated with COVID-19 impact analysis before delivery)

The regional analysis of Healthcare analytics Market is considered for the key regions such as North America, Europe, Asia Pacific, Latin America and ROW. North America holds the leading position in healthcare analytics market due to increasing healthcare expenditure coupled with advanced healthcare infrastructure. Whereas, Asia-Pacific is expected to emerge as the fastest growing region in terms of market share. The growth of Asia-Pacific region is witnessed owing to the untapped opportunities in countries such as India and China.

Regional Analysis Covered in this report:
North America [United States, Canada]
Europe [Germany, France, U.K., Italy, Russia]
Asia-Pacific [China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia]
Latin America [Mexico, Brazil, Argentina]
Middle East & Africa [Turkey, Saudi Arabia, UAE]

Due to the aforementioned issues, the Healthcare analytics industry is impaired. The small number of high-quality firms within this industry makes it a particularly attractive target for competitors, with customers often being subject to price pressure. Recent innovations, product news, product variants and in-depth updates from industry specialists who have effectively leveraged Healthcare analytics positions are all included in this report, facilitating your knowledge on all facets of this important industry. Many firms would benefit from Healthcare analytics research study in identifying and expanding their global demand. Micro and macro trends, important developments and their usage and penetration across a wide variety of end-users are also included in the research study.

A market analysis using statistical tools provides many insights. These include demand, supply, storage costs, maintenance, profit, sales, and production details of the market. It also includes the percentage of search volume each Healthcare analytics receives and the amount of gross margin by company.

Table of Content - Major Key Points
Chapter 1. Global Healthcare analytics Market Definition and Scope
Chapter 2. Research Methodology
Chapter 3. Executive Summary
Chapter 4. Global Healthcare Analytics Market Dynamics
Chapter 5. Global Healthcare Analytics Market, By Component
Chapter 6. Global Healthcare analytics Market, By Type
Chapter 7. Global Healthcare analytics Market, By Delivery mode
Chapter 8. Global Healthcare analytics Market, By Application
Chapter 9. Global Healthcare analytics Market, By end-user
Chapter 10. Global Healthcare analytics Market, by Regional Analysis
Chapter 11. Competitive Intelligence

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