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Global Clinical Data Analytics Market To Grow at a CAGR of 30.90 % During the Forecasted Period 2018-2022
Global clinical data analytics market, by deployment model to grow at a CAGR of 30.90 % during the forecasted period 2018-2022. On Premises commands the largest market share of 67 % of Global clinical data analytics market, by deployment model. The market for On Premises was valued at USD 1,209.1 million in 2015 and expected to reach at USD 7,862.5 million by 2022.Clinical data analytics in healthcare sector plays an important role in predicting and curing diseases which improves the quality of care and avoids preventable deaths which occurs due to the negligence of some chronic diseases. Availability of new software and technology like mHealth and internet of things (IOT) has provided many facility to the patient. With the help of that patient can now able to track their health data and share it with their respective healthcare professionals for any further remedies and for advices. The more the data is collected and analysed, the better medical insights gained. Iincreasing number of healthcare groups who are currently looking towards analytics solutions for effective population health management, and more & more clinical data and health records are going digital.
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Global clinical data analytics market, by deployment model is segmented into two major category On Premises and Cloud Based. On premises is widely used by the people. But now a days due to huge advantages of cloud based system it is now a days most welcomed by people.
Global clinical data analytics on the basis of the basis of deployment is increasing at a significant rate. On Premises segment accounted for the largest market share in 2015 which is expected to reach USD 7,862.5 million by 2022 from USD 1,209.1 million in 2015. Cloud Based segment is the fastest growing segment, which is growing at the CAGR of 31.37 % during the forecast period from 2014 - 2022.
North America accounted for the largest market share of clinical data analytics on the basis of the basis of deployment, which is expected to reach till USD 6,293.20 million by 2022. Asia Pacific region is the fastest growing region which is expected to grow at a CAGR of 31.5 % during forecasted period from 2016-2022.
Key Questions Answered In This Report:
What will the market size and what will the growth rate be?
What is driving this market?
What are the key market trends?
What are the challenges to market growth?
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Global clinical data analytics market, by deployment model statistical report published by Market Research future contains a brief overview of Global clinical data analytics market. On Premises commands the largest share and is expected to grow continuously during the forecasted period of 2016-2022. The report analyzed the global clinical data analytics market, by deployment model and presents systematic data of market share on the basis of country, type, and industry and its growth rate for 2015 to 2016, along with forecast till 2022.
Market Research future through this report aims to provide understanding of the Global clinical data analytics market, by deployment model on the basis of country, type, and industry and also assists identification of ongoing trends along with anticipated growth during the forecasted period. For this report, extensive primary research was conducted to gain a deeper insight of the market performance. Various industry experts and Key Opinion Leaders (KOLs) were contacted and interviewed to get an idea of global real time health monitoring devices market.
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