Technological advancements such as Internet of Things (IoT), Big Data, Cloud Computing, and others have transformed the way industries perform their businesses. Healthcare is among one of those industries which are slowly adopting to new way of operations or digitization.
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Availability of Big Data in healthcare, has led to requirement for analytics and increasing in funding are the factors for growth in healthcare analytics Industry.
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Developing countries will still have difficulties in adopting early to new technologies, few of the key factors which restrict the early adoption of analytics in healthcare will include limited awareness of the technologies, lack of skills to implement the solutions, poor infrastructure and cyber threats.
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These advancing technologies will bridge the gap between payers and providers, while befitting both in long run. Hence the growth of healthcare analytics is foreseen and estimated to increase by 2025.
There are two major stake holders in healthcare industries such as payers and healthcare service providers, the payers include government agencies, insurance company, employers, and private agencies. While the service providers are classified into to hospitals, physicians, pharmaceuticals and others.
Some of the key stake holders healthcare analytics Industry include MNC`s, healthcare analytics vendors, hospitals, health insurance companies, research agencies, consultants, investors and venture capitalists.
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Segmentations Covered in the Healthcare Analytics Market
- Deployment Model : On-Premises, On- Demand Delivery
- Application : Clinical Analytics, Financial Analytics, Operational and Administrative Analytics
- Geographical Analysis: North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), South America (SAM)
Some of the leading players in Healthcare Analytics Market Report
- IBM Corporation
- Oracle Corporation
- Optum, Inc.
- Truven Health Analytics
- Mckesson Corporation
- Verisk Analytics, Inc.
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