Healthcare analytics is a branch of study that’s focused on insights of services like hospital management, treatment costs, patient records, diagnostics, etc. It provides robust overview about medical building centers like hospitals, clinics, and ambulatory surgical centers. Healthcare analytics is provided on two levels namely micro and macro.
The global healthcare analytics market is expected to be US$ 107.50 billion by 2028 at a compound annual growth rate (CAGR) of 25.5% from 2023 to 2028
Healthcare analytics collects data regarding pharmaceuticals, drugs, claims and price data, patient’s behavior, research and development so as to supply accurate information to the top user. Healthcare analytics offers data regarding workflow improvement and patients care, predictive modulations, and future patient interactions. It contains data discovery tools, direction or step by step process, access to testing environment, and enterprise data warehouse. Increasing government initiatives to encourage adoption of electronic health records so as to supply proper healthcare facilities and management may be a major factor driving growth of the worldwide healthcare analytics market. These initiatives also are help to take care of patient records available and accessible whenever its needed. Moreover, it also helps to enhance care coordination and supply better healthcare also are factors fueling growth of the worldwide market.
The global Healthcare Analytics market is segregated on the basis of Component as Hardware, Software, and Services. Based on Application the global Healthcare Analytics market is segmented in Clinical Analytics, Population Health Analytics, Operational & Administrative Analytics, and Financial Analytics. Based on Delivery Model the global Healthcare Analytics market is segmented in On-Demand Delivery Models and On-Premise Delivery Model.
Based on Type, the global Healthcare Analytics market is segmented in Prescriptive Analytics, Cognitive Analytics, Descriptive Analytics, and Predictive Analytics. The report also bifurcates the global Healthcare Analytics market based on End User in Providers, Payers, and ACOS, HIES, MCOS, and TPAS.
The global Healthcare Analytics market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Healthcare Analytics market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Oracle, SAS Institute Inc., SCIO Health Analytics, Vitreoshealth, Wipro, Allscripts Healthcare Solutions, Cerner, Cotiviti, Citiustech, Health Catalyst, and others are among the major players in the global Healthcare Analytics market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Healthcare Analytics Market has been segmented as below:
Healthcare Analytics Market, By Component
Healthcare Analytics Market, By Application
Healthcare Analytics Market, By Delivery Model
Healthcare Analytics Market, By Type
Healthcare Analytics Market, By End User
Healthcare Analytics Market, By Region
Healthcare Analytics Market, By Company
The report covers:
Report Scope:
The global Healthcare Analytics market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Healthcare Analytics market share. Major industry players with significant revenue share include Oracle, SAS Institute Inc., SCIO Health Analytics, Vitreoshealth, Wipro, Allscripts Healthcare Solutions, Cerner, Cotiviti, Citiustech, Health Catalyst, and others.
Reasons to Buy this Report:
Some of the recent Developments in Healthcare Analytics market are as follows:
Oracle
IBM
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1. Introduction
1.1. Key Take Aways
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Research Methodology
2.2.1. Market Research Process
2.2.2. Research Methodology
2.2.2.1. Secondary Research
2.2.2.2. Primary Research
2.2.2.3. Models for Estimation
2.3. Market Size Estimation
2.3.1. Bottom-Up Approach
2.3.2. Top-Down Approach
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Drivers
4.3. Restraints
5. Healthcare Analytics Market, By Application
5.1. Key Points
5.2. Clinical
5.3. Financial
5.4. Operational and Administrative
6. Healthcare Analytics Market, By Type
6.1. Key Points
6.2. Descriptive
6.3. Predictive
6.4. Prescriptive
7. Healthcare Analytics Market, By Delivery Mode
7.1. Key Points
7.2. On-premises
7.3. Web-based
7.4. Cloud-based
8. Healthcare Analytics Market, By End-User
8.1. Key Points
8.2. Healthcare Payers
8.3. Healthcare Providers
8.4. Lifescience Companies
9. Healthcare Analytics Market, By Component
9.1. Key Points
9.2. Hardware
9.3. Software
9.4. Services
10. Healthcare Analytics Market, By Region
10.1. Key Points
10.2. North America
10.2.1. U.S
10.2.2. Canada
10.3. Europe
10.3.1. Germany
10.3.2. U.K
10.3.3. France
10.3.4. Italy
10.3.5. Spain
10.3.6. Netherlands
10.3.7. Belgium
10.3.8. Rest of Europe
10.4. Asia Pacific
10.4.1. China
10.4.2. India
10.4.3. Japan
10.4.4. Australia
10.4.5. Rest of Asia Pacific
10.5. Rest of World
10.6. Competitive Landscape
10.7. Introduction
10.8. Recent Developments
10.8.1. Mergers & Acquisitions
10.8.2. New Product Developments
10.8.3. Portfolio/Production Capacity Expansions
10.8.4. Joint Ventures, Collaborations, Partnerships & Agreements
10.8.5. Others
11. Company Profile
11.1. IBM Corp.
11.1.1. Company Overview
11.1.2. Product/Service Landscape
11.1.3. Financial Overview
11.1.4. Recent Developments
11.2. OptumHealth, Inc.
11.2.1. Company Overview
11.2.2. Product/Service Landscape
11.2.3. Financial Overview
11.2.4. Recent Developments
11.3. Oracle Corp.
11.3.1. Company Overview
11.3.2. Product/Service Landscape
11.3.3. Financial Overview
11.3.4. Recent Developments
11.4. Verisk Analytics, Inc.
11.4.1. Company Overview
11.4.2. Product/Service Landscape
11.4.3. Financial Overview
11.4.4. Recent Developments
11.5. MEDai, Inc.
11.5.1. Company Overview
11.5.2. Product/Service Landscape
11.5.3. Financial Overview
11.5.4. Recent Developments
11.6. MedeAnalytics, Inc.
11.6.1. Company Overview
11.6.2. Product/Service Landscape
11.6.3. Financial Overview
11.6.4. Recent Developments
11.7. McKesson Corp
11.7.1. Company Overview
11.7.2. Product/Service Landscape
11.7.3. Financial Overview
11.7.4. Recent Developments
11.8. Truven Health Analytics, Inc.
11.8.1. Company Overview
11.8.2. Product/Service Landscape
11.8.3. Financial Overview
11.8.4. Recent Developments
11.9. Allscripts Healthcare Solutions, Inc.
11.9.1. Company Overview
11.9.2. Product/Service Landscape
11.9.3. Financial Overview
11.9.4. Recent Developments
11.10. Cerner Corporation
11.10.1. Company Overview
11.10.2. Product/Service Landscape
11.10.3. Financial Overview
11.10.4. Recent Developments
11.11. SAS Institute, Inc.
11.11.1. Company Overview
11.11.2. Product/Service Landscape
11.11.3. Financial Overview
11.11.4. Recent Developments
The Healthcare Analytics Market has been segmented as below:
Healthcare Analytics Market, By Component
Healthcare Analytics Market, By Application
Healthcare Analytics Market, By Delivery Model
Healthcare Analytics Market, By Type
Healthcare Analytics Market, By End User
Healthcare Analytics Market, By Region
Healthcare Analytics Market, By Company
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