(Health-NewsWire.Net, June 09, 2018 ) Health analytics is the technique of collecting insights from patterns in data which are used for making better and informed healthcare decisions. Healthcare organizations are quickly adopting information systems for improvement of business operations and clinical care. The major advantage of healthcare analytics is decision making that increases patient experience and results in providing better healthcare.
Implementation of government initiatives to increase electronic health record (HER) adoption, rising venture capital investments, growing pressure for reduced healthcare spending and improved patient outcomes, big data in healthcare is expected to drive the growth of the market. Moreover, growing focus on value-based medicine, use of analytics in precision and personalized medicine, cloud-based analytics is expected to provide opportunity for the growth of healthcare analytics market during the forecast period.
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The “Global Healthcare Analytics Market Analysis to 2025” is a specialized and in-depth study of the healthcare analytics industry with a focus on the global market trend. The report aims to provide an overview of global healthcare analytics market with detailed market segmentation by delivery model, component, type, application, end user, and geography. The global healthcare analytics market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
The healthcare analytics market is segmented based on delivery model as, on-premise healthcare analytics and on-premise healthcare analytics. On the basis of component healthcare analytics market is segmented into services, software and hardware. Based on type, healthcare analytics market is segmented into predictive analytics, prescriptive analytics and descriptive analytics. On the basis of application, healthcare analytics market is segmented into financial analytics, clinical analytics, operational & administrative analytics and population health analytics. Based on the end user the market is segmented as payers, providers and others.
The report provides a detailed overview on the industry including both qualitative and quantitative information. It provides overview and forecast of the global Healthcare Analytics market based on delivery model, component, type, application, and end user. It also provides market size and forecast till 2025 for overall Healthcare Analytics market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 countries globally along with current trend and opportunities prevailing in the region.
North America is anticipated to hold largest share of the healthcare analytics market, followed by Europe due to rising federal healthcare mandates to restraint increasing healthcare costs and provide quality care; increasing regulatory requirements; and rising government initiatives focusing on personalized medicine, population health management, and value-based reimbursements are expected to drive market growth in this region. Moreover, Asia Pacific is expected to grow at a fastest rate during the analysis period due to improving healthcare infrastructure, increasing awareness and growing investment in the healthcare technology.
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The report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions.
The report also includes the profiles of key healthcare analytics companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years. Some of the key players influencing the market Verscend Technologies, Inc., 2. Health Catalyst, SAS Institute Inc., SCIOInspire, Corp., Wipro Limited, IBM Corporation, Optum, Inc., Cerner Corporation, Allscripts and McKesson Corporation.
Some of the important players
1. Verscend Technologies, Inc.
2. Health Catalyst
3. SAS Institute Inc.
4. SCIOInspire, Corp.
5. Wipro Limited
6. IBM Corporation
7. Optum, Inc.
8. Cerner Corporation
10. McKesson Corporation
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