The Global Healthcare Analytics Market accounted for $5.5 billion in 2014 and is expected to grow at a CAGR of 24.82% to reach $32.4 billion by 2022.
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Healthcare Analytics Market 2017
Wiseguyreports.Com Adds “Healthcare Analytics Market –Market Demand, Growth, Opportunities, Manufacturers, Analysis of Top Key Players and Forecast to 2022” To Its Research Database.
Analytics help healthcare organizations in reduction of patient’s stays and readmissions in hospital, improved quality care, fraud identification and prevention of chronic diseases. The factors contributing to the market growth include better efficiency of healthcare of organizations, federal healthcare mandates and increasing healthcare IT adoption.
However factors such as lack of skilled labor with analytical skills, patient data security and privacy issues are inhibiting the growth of the market.
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Some of the major players in the Healthcare Analytics Market include IBM Corporation, Oracle Corporation, Humedica, Inc., Metric Insights, Inc., Paradigm4, Rapid Insight, Inc., Truven Health Analytics, Inovalon, Inc., MedeAnalytics, Inc. and McKesson Corporation.
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Global Healthcare Analytics Market is segmented based on products, applications, end users, components and geography.
Based on the product type, the market is further segmented into Descriptive, Predictive and Prescriptive analytics.
By applications, the market is categorized into Clinical Analytics, Financial Analytics, Operational and Administrative Analytics and Research Analytics.
Clinical Analytics is further segmented into Quality Care, Physician Performance Evaluation, and Customer Relationship Management. Financial Analytics is further segregated into Revenue Cycle Management, Risk Management Analytics and Claim Analytics.
Operational and Administrative Analytics is further categorized into Human Resource Analytics, Supply chain Analytics and Strategic Analytics. On the basis of end user, the market is segregated into Providers, Healthcare information Exchanges, Payers and Others.
By components, the market is categorized into Hardware, Software and Services.
Geographically, the healthcare market is segmented into North America, Europe, Asia Pacific and Rest of the World. North America has the largest share of the healthcare analytics market driven by the U.S.
centralized healthcare mandates followed by the European Market which is growing at a lower rate due to economic crisis.
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 8 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Key Points in Table of Content:
1 Executive Summary
2.2 Research Scope
2.3 Research Methodology
2.4 Research Sources
3 Market Trend Analysis
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Healthcare Analytics Market, By Products
6 Global Healthcare Analytics Market, By Applications
6.1 Clinical Analytics
6.1.1 Quality Care
6.1.2 Physician Performance Evaluation
6.1.3 Customer Relationship Management(CRM)
6.2 Financial Analytics
6.2.1 Revenue Cycle Management
6.2.2 Risk Management Analytics
6.2.3 Claim Analytics
6.3 Operational and Administrative Analytics
6.3.1 Human Resource Analytics
6.3.2 Supply chain Analytics
6.3.3 Strategic Analytics
6.4 Research Analytics
7 Global Healthcare Analytics Market, By End User
7.2 Healthcare information Exchanges
8 Global Healthcare Analytics Market, By Components
9 Global Healthcare Analytics Market, By Geography
9.1 North America
9.3 Asia Pacific
9.3.6 Rest of Asia
9.4 Rest of the World
9.4.1 Latin America
9.4.2 Middle East
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.5 Other Key Strategies
11 Company Profiling
11.1 IBM Corporation
11.2 Oracle Corporation
11.3 Humedica, Inc.
11.4 Metric Insights, Inc.
11.6 Rapid Insight, Inc.
11.7 Truven Health Analytics
11.8 Inovalon, Inc.,
11.9 MedeAnalytics, Inc.
11.10 McKesson Corporation
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