Healthcare Business Intelligence Market Stunning Value Ahead: Microsoft, IBM, SAP

HTF Market Intelligence recently released a survey document on Healthcare Business Intelligence market and provides information and useful stats on market structure and size. The report is intended to provide market intelligence and strategic insights to help decision-makers take sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report also identifies and analyses changing dynamics, and emerging trends along with essential drivers, challenges, opportunities, and restraints in the Healthcare Business Intelligence market. Some of the companies listed in the study from the complete survey list 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), Micro Strategy Incorporated (United States).

According to HTF Market Intelligence, the Global Healthcare Business Intelligence market to witness a CAGR of 11% during forecast period of 2023-2029. The market is segmented by Application (Predicting Patient Needs, Reporting Efficiency, Improving Response Rates, Mining Data to Treat Diseases, Identifying At-Risk Patients) by Type (PredictiveAnalytics, Centralization of Electronic Health Records, Personal Health Apps and Devices, The Social Media Wave) and by Geography (North America, South America, Europe, Asia Pacific, MEA).

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Healthcare Business Intelligence Market Overview
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 Trends:
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.

Market 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.

Research Objectives Points:
• Who the leading players are in Healthcare Business Intelligence Market?
• What you should look for in a Healthcare Business Intelligence
• What trends are driving the Market
• About the changing market behaviour over time with strategic view point to examine competition
Also included in the study are profiles of 15 Healthcare Business Intelligence vendors, pricing charts, financial outlook, swot analysis, products specification &comparisons matrix with recommended steps for evaluating and determining latest product/service offering.

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Healthcare Business Intelligence Market Regional Analysis:
Geographically, the following regions together with the listed national/local markets are fully investigated:
• APAC (Japan, China, South Korea, Australia, India, and the Rest of APAC; the Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)

What you can explore with this report?
• To carefully analyze and forecast the size of the Healthcare Business Intelligence Testing market by value in dollar terms.
• Anyone who are directly or indirectly involved in value chain cycle of this industry and needs to be up to speed on the key players and major trends in the market for Healthcare Business Intelligence
• Marketers and agencies doing their due diligence in selecting a Healthcare Business Intelligence for large and enterprise level organizations
• Analyse competitors, Profiles, Sales Area, Product Category
• Competition who would like to benchmark and correlate themselves with market position and standings in current scenario.

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Some Extracts from Healthcare Business Intelligence Market Study TOC
Overview of Healthcare Business Intelligence Market
Healthcare Business Intelligence Size (Sales Volume) Comparison by Type PredictiveAnalytics, Centralization of Electronic Health Records, Personal Health Apps and Devices, The Social Media Wave
Healthcare Business Intelligence Size (Consumption) and Market Share Comparison by Application Predicting Patient Needs, Reporting Efficiency, Improving Response Rates, Mining Data to Treat Diseases, Identifying At-Risk Patients
Healthcare Business Intelligence Size (Value) Comparison by Region (2023-2028)
Healthcare Business Intelligence Sales, Revenue and Growth Rate (2023-2028)
Healthcare Business Intelligence Competition by Players/Suppliers, Region, Type, and Application
Healthcare Business Intelligence (Volume, Value, and Sales Price) table defined for each geographic region defined.
Supply Chain, Sourcing Strategy and Downstream Buyers, Industrial Chain Analysis
• Healthcare Business Intelligence Cost Analysis
• Marketing Strategy Analysis
• Research Conclusions

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