"In today's rapidly changing marketplace, businesses seek innovative and superior solutions for prosperity. The advanced and comprehensive nature of the Healthcare Analytics Market report provides professionals with extensive insights into the market and the Healthcare Analytics Market industry. To offer a complete background analysis of the Healthcare Analytics Market industry, this report evaluates the parental market. Considering primary and secondary drivers, market share, market size, sales volume, leading segments, and geographical analysis, this detailed report provides an in-depth overview of product specifications, product types, technology, and production analysis.
The presentation of market data and information in a format that elucidates various facts and figures is crucial for businesses. The winning Healthcare Analytics Market report describes industry trends at the macro level, facilitating the outlining of the market landscape and anticipation of future challenges. Market drivers and restraints are aptly explained using SWOT analysis in this report. For an in-depth market report, an analyst call or inquiry can be requested at any time. Therefore, the Healthcare Analytics Market business document aids in elevating business activities, conducting qualitative work, and achieving superior profits.
Healthcare Analytics Market was valued at USD 18.32 billion in 2021 and is expected to reach USD 145.20 billion by 2029, registering a CAGR of 24.58% during the forecast period of 2022-2029.
Explore Further Details about This Research Healthcare Analytics Market Report https://www.databridgemarketresearch.com/reports/global-healthcare-analytics-market
Global Healthcare Analytics Market Definition
Healthcare analytics assist healthcare professionals in finding opportunities to enhance patient engagement, clinical outcomes, patient engagement and care delivery. Healthcare analytics solutions make use of the vast amounts of collected data for offering organizations with actionable insights.
REPORT METRIC | DETAILS |
Forecast Period | 2022 to 2029 |
Base Year | 2021 |
Historic Years | 2020 (Customizable to 2019 - 2014) |
Quantitative Units | Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered | Type (Prescriptive Analytics, Predictive Analytics, Descriptive Analytics), Component (Services, Software, Hardware), Delivery Model (On-Demand, On-Premise), Application (Clinical Analytics, Population Health Analytics, Operational and Administrative Analytics, Financial Analytics), End User (Healthcare Payers, Healthcare Providers and ACOS, HIES, MCOS, AND TPAS) |
Countries Covered | U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
Market Players Covered | IBM (US), Wipro Limited (India), Allscripts Healthcare, LLC (US), Cerner Corporation (US), Health Catalyst (US), Inovalon (US), McKesson Corporation (US), MEDEANALYTICS, INC. (US), Optum, Inc. (US), Oracle (US), SAS Institute Inc. (US), ExlService Holdings, Inc. (US), CitiusTech Inc. (US), IQVIA (US), and GENERAL ELECTRIC (US), among others. |
Healthcare Analytics Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
- The increase in the cost of operations and the decline in reimbursements for laboratory services
The surge in the cost of various medical procedures, along with the reduction in reimbursements for laboratory services, accelerate the demand for healthcare interoperability solutions across healthcare providers and healthcare payers.
- Government investments for healthcare interoperability
The increase in the funding by the federal government to drive the adoption of these solutions further influence the market.
- Regulatory Compliance
Maintaining compliance with medical reforms and regulations raises the demand for these solutions.
- The rise in the adoption of electronic health records (EHR)
It is a challenge to store the bulk data generated by the electronic health records (EHR) on the local storage devices due to the risk associated with the loss of essential data. Hence, deploying these healthcare analytics in the healthcare sector becomes critical to enable easy sharing and storage of big data.
Opportunities
Furthermore, use of analytics in precision and personalized medicine and cloud-based analytics extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, increase in the focus on value-based medicine and rise in augmented analytics will further expand the healthcare analytics solutions market's growth rate in the future.
Table of Contents: Global Healthcare Analytics Market
1 Introduction
2 Market Segmentation
3 Executive Summary
4 Premium Insight
5 Healthcare Analytics Market Overview
6 Covid-19 Impact on Healthcare Analytics Market Industry
7 Global Healthcare Analytics Market, by Product Type
8 Global Healthcare Analytics Market, by Modality
9 Global Healthcare Analytics Market, by Type
10 Global Healthcare Analytics Market, by Mode
11 Global Healthcare Analytics Market, by End User
12 Global Healthcare Analytics Market, by Geography
13 Global Healthcare Analytics Market, Company Landscape
14 Swot Analysis
15 Company Profiles
16 Questionnaire
17 Related Reports
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