openPR Logo
Press release

Healthcare Analytics Solutions Market to Incur Rapid Extension During 2017 - 2025

Healthcare Analytics Solutions Market to Incur Rapid Extension

Healthcare Analytics Solutions Market: Introduction

In today’s world, healthcare institutes are making continuous efforts to implement and upgrade healthcare analytics solution to get real world insights and provide better healthcare services. In healthcare industry, the ever-growing complexity in economics, customer needs and competitive environment is encouraging the adoption of analytics solution in business and workflow processes. Healthcare analytics is the term used to describe the healthcare associated analytics. This analytics can be executed by using the data collected from areas within healthcare related operations which are clinical data (collected from electronic health records (EHRs), financial data (cost and claims data), research and development (R&D) data related to pharmacy and medical devices, patient behaviour and sentiment data.

Healthcare analytics solution incorporates a systematic framework which integrates a roadmap to track and measure data points for data collection, a platform or application for data sharing and an adoption model to understand and analyse data. Healthcare analytics solution assist in improving clinical efficiency, quality of care, cost efficiency in hospitals and clinics, by decision planning and strategies based on insights from analytics solution.

Healthcare Analytics Solutions Market: Drivers and Restraints

Major factors for resulting in the growth of healthcare analytics solution market are increasing government initiatives and mandates for EHR adoption, need to reduce healthcare spending and improved patient outcomes, technological advancements in medical devices and availability of big data in healthcare. Moreover factors such as increase in healthcare investments by venture capital firms, increasing focus on analytics in prescribed drugs and medicines, increasing focus on value-based medicine and cloud-based analytics, rise in number of patient registries, and emergence of social media and its impact on the healthcare industry are also driving the growth of healthcare analytics solution market.

A sample of this report is available upon request @ https://www.persistencemarketresearch.com/samples/18046

However, factors such as high initial investment for analytics solution, lack of skilled employees, data security issues and issues with confidentiality of information, hinder the growth of healthcare analytics solution market.

Healthcare Analytics Solutions Market: Segmentation

The healthcare analytics solution market can be segmented on the basis of analytics type, application, deployment, component, end-user and region wise.

Segmentation on basis of Analytics Type for Healthcare Analytics Solutions Market

On the basis of type it can be further segmented into:

Predictive Analytics
Descriptive Analytics
Prescriptive Analytics
Segmentation on basis of Application for Healthcare Analytics Solutions Market

On the basis of application it can be further segmented into:

Clinical Analytics
Non Clinical Analytics
Segmentation on basis of Deployment for Healthcare Analytics Solutions Market

On the basis of deployment it can be sub-segmented into:

On-Premise
On-Demand
Segmentation on basis of Component for Healthcare Analytics Solutions Market

On the basis of component it is further segmented into:

Software
Services
Hardware
Segmentation on basis of End-User for Healthcare Analytics Solutions Market

On the basis of end-user it is further segmented into:

Healthcare Providers
Hospitals
Nursing Homes
Diagnostic and Imaging Centers
Pharmacies
Ambulatory Care Centers
Home Healthcare and Assisted Living Facilities
Healthcare Payers
Insurance Companies
Government Agencies
Employers and Private Exchanges
Segmentation on basis of Region for Healthcare Analytics Solutions Market

On the basis of region healthcare analytics solution market can be segmented into:

North America
Latin America
Asia Pacific
Japan
Eastern Europe
Western Europe
Middle East & Africa
Healthcare Analytics Solutions Market: Regional Overview

North America holds the largest market share in healthcare analytics market due to presence of healthcare infrastructure, and increase in federal mandates. Healthcare analytics market in Europe is growing substantially, due to adoption of electronic health records in healthcare institutes and increased healthcare expenditure in this region. Asia-Pacific’s healthcare analytics market is growing at the fastest pace due to increasing healthcare awareness in people and government initiatives. Latin America and Africa are slowly adopting healthcare analytics solution to reduce epidemics and curb widespread of diseases, resulting in considerable growth in this market. Japan healthcare analytics solution market is expected to witness a high growth rate due to presence of strong healthcare IT infrastructure and rise in healthcare expenditure.

To view TOC of this report is available upon request @ https://www.persistencemarketresearch.com/toc/18046

Healthcare Analytics Solutions Market:

Key Acquisitions

In September 2015, Thoma Bravo LLC, a private equity investment firm acquired MedeAnalytics Inc., a provider of cloud-based financial performance analytics for the healthcare industry.

Key Players

IBM Corporation, Optum, Inc., Cerner Corporation, SAS Institute, Inc., Inovalon, Inc., McKesson Corporation, MedeAnalytics, Inc., Oracle Corporation, Verisk Analytics, Health Catalyst., and Allscripts Health Solutions are some of the key players in healthcare analytics solutions market.

About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Healthcare Analytics Solutions Market to Incur Rapid Extension During 2017 - 2025 here

News-ID: 758483 • Views:

More Releases from Persistence Market Research 

Intra Aortic Balloon Pump Market Expected to Behold a CAGR of 2.7% through 2027
Intra Aortic Balloon Pump Market Expected to Behold a CAGR of 2.7% through 2027
Growing prevalence of lethal diseases, such as cardiac arrest and heart failure due to changing lifestyle and eating habits is leading to increasing cardiac surgeries and procedures worldwide. Of late, intra-aortic balloon pump has emerged as a cutting-edge product in cardiac management and care. It is basically a polyethylene balloon mounted on a catheter that assists heart during both its rest phase and work phase. However, there have been occasions
Pediatric Hearing Aids Market Size By 2025 | Top Key Players are Sonova, William Demant, Sivantos, GN Store Nord (ReSound), Starkey Technologies, and Widex
Pediatric Hearing Aids Market Size By 2025 | Top Key Players are Sonova, William …
Persistence Market Research (PMR) has recently published a new research report titled, “Pediatric Hearing Aids Market: Global Industry Analysis (2012 – 2016) and Forecast (2017 – 2025).” Hearing aids can help improve the hearing and speech of children with sensorineural hearing loss (hearing loss in the inner ear due to damaged hearing nerve). Sensorineural hearing loss can be caused by noise, injury, infection, certain medications, birth defects, tumors, and problems
Intra Operative Imaging Market Growth By 2024 | Top Key Players are IMRIS Inc., NeuroLogica Corp., GE Healthcare, and Medtronic Plc.
Intra Operative Imaging Market Growth By 2024 | Top Key Players are IMRIS Inc., …
Persistence Market Research has recently published its report on the global market for intraoperative imaging, excerpts from which predict the market to be presently valued at US$ 513.9 million. According to the report, the demand for intraoperative imaging will keep surging on the grounds of increasing adoption of minimally-invasive surgeries and remarkable progress witnessed in the field of diagnostic imaging for neurosurgeries. The world’s leading medical research institutes are also
Explosive Detection Equipment Market to Reflect Impressive Growth Rate During 2017-2025
Explosive Detection Equipment Market to Reflect Impressive Growth Rate During 20 …
Global Explosive Detection Equipment Market: Introduction With the growing threat of terrorism across the globe, explosive detection equipment is a necessity of today’s world. The equipment used for explosive detection prevents the shipping of illegal materials, such as narcotics and small arms. Common explosives are made of organic as well as inorganic nitrogen and nitrate compounds, such as ammonium nitrate in fuel oil (ANFO) and triacetone triperoxide (TATP). There are several

All 5 Releases


More Releases for Analytics

Security Analytics Market Report 2018: Segmentation by Application (Network Secu …
Global Security Analytics market research report provides company profile for Cisco Systems, Inc. (U.S.), IBM Corporation (U.S.), Hewlett Packard Enterprise (U.S.), EMC RSA (U.S.), FireEye, Inc. (U.S.), Arbor Networks, Inc. (U.S.), LogRhythm, Inc. (U.S.), Alert Logic (Click Security) and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of
Life Science Analytics Market 2025 Future Forecast by Product Overview - Predict …
The growth of the life science analytics market can be attributed to the increasing prevalence of chronic diseases and growing need for improved data standardization. Moreover, use of analytics in precision & personalized medicine, and increasing focus on improving patient outcomes also likely to add new opportunities for the global life science analytics market over the forecast period. Life Science Analytics Market to 2025 - Global Analysis and Forecasts by Type
Predictive Analytics Market Report 2018: Segmentation by Type (Services, Solutio …
Global Predictive Analytics market research report provides company profile for Alteryx, Inc. (US), AgilOne (US), Angoss Software Corporation (Canada), Domino Data Lab (US), Dataiku (US), Exago, Inc. (US), Fair Isaac Corporation (FICO) (US), GoodData Corporation (US) and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY
Predictive Analytics Market (Services, Solutions (Financial Analytics, Risk Anal …
Global Predictive Analytics Market Report 2023,” industry verticals, the Banking, Financial Services, and Insurance (BFSI) industry vertical is expected to have the largest market share during the forecast period. Organizations operating in the BFSI industry vertical are using predictive analytics for effective and efficient management of various processes. Further, the major reason for the rising adoption of predictive analytics can be attributed to the need for minimizing the risks and
Prescriptive and Predictive Analytics Market By Type (Collection Analytics, Mark …
ResearchMoz presents this most up-to-date research on "Prescriptive and Predictive Analytics Market By Type (Collection Analytics, Marketing Analytics, Supply-Chain Analytics, Behavioral Analytics & Talent Analytics): Global Size, Status and Forecast, 2022". This report studies the global Prescriptive and Predictive Analytics market, analyzes and researches the Prescriptive and Predictive Analytics development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in
Global Analytics Service Market by Type: Predictive analytics, Prescriptive anal …
Learning Objective • To provide detailed analysis of the market structure along with forecast for the next 10 years of the various segments and sub-segments of the global Analytics as a service Market. • To provide insights about factors affecting the market growth. • To Analyze the Analytics as a service Market based on various factors- porters five force analysis, mega trend analysis, macroeconomic indicators etc. • To provide historical and forecast revenue of the