North America expected to dominate healthcare analytics market and grow at highest CAGR. Factors like rising pressure to curb healthcare costs, big data in healthcare, technological advancements, growing awareness about benefits of analytics, & increase in venture capital investments are driving market growth.
Complete report of 149 market data Tables with 57 Figures across 318 Pages and in-depth TOC on "Healthcare Analytics and Medical Analytics Market" at www.rnrmarketresearch.com/healthca…arket-report.html .
Key players in healthcare analystics market are IBM Corporation (U.S.), SAS Institute, Inc. (U.S.), Optum, Inc. (U.S.), Truven Health Analytics Inc.
(U.S.), Cerner Corporation (U.S.), McKesson Corporation (U.S.), Verisk Analytics, Inc.(U.S.), Oracle Corporation (U.S.), Allscripts Health Solutions (U.S.), MedeAnalytics (U.S.), Inovalon, Inc.
(U.S.) and Health Catalyst (U.S.).
- Healthcare IT firms
- Healthcare analytics vendors/service providers
- Health insurance exchanges
- Healthcare payers
- Healthcare providers
- Venture capitalists
- Research and consulting firms
- Accountable care organizations (ACOs)
Healthcare Analytics Market growth is driven by federal healthcare mandates encouraging adoption of HCIT solutions to curb rising healthcare costs; benefits associated with use of analytics; increasing HCIT adoption; availability of big data in healthcare; technological advancements; & increase in venture capital investments.
Healthcare providers are segmented into hospitals, physicians’ practices and IDNs, and ambulatory settings. The healthcare providers segment is expected to grow at a highest CAGR during the forecast period.
By end user, the medical analytics market covers payers, providers and ACOs, HIEs, MCOs, and TPAs. Healthcare payers are further subsegmented into private insurance companies, government agencies, and employers and private exchanges.
The report provides insights on the following pointers:
- Market Penetration
- Product Development/Innovation
- Competitive Assessment
- Market Development
- Market Diversification
Healthcare analytics systems reveal and understand historical patterns of data to predict and provide actionable insights to improve the performance of healthcare organizations. The outcomes reveal the best-suited treatments, disease patterns, patients at high risk, fraudulent claims, and evaluate physician performance.
Market growth is driven by federal healthcare mandates encouraging the adoption of HCIT solutions to curb rising healthcare costs; benefits associated with the use of analytics; increasing HCIT adoption; availability of big data in healthcare; technological advancements; and increase in venture capital investments.
Healthcare analytics market is segmented into hardware, software, and services. The services segment is further segmented into support services and business analytics services.
In 2015, the services market is expected to witness the highest growth in the forecast period.
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