Healthcare Analytics (HA) is employed by suppliers to be ready to determine clinically significant outcomes in reference to prices through investigational mining of electronic patient records for identifying inherent medical inaccuracies in the system thus on offer cost-effective treatments to patients, while reducing the quantity of resources wasted. Healthcare Analytics (HA) is used to reduce time to treatment, improve performance of aid providers, there’s risk mitigation, reduced rate of hospital readmissions, increasing use of personalized drugs, it eliminates the need of conducting extra diagnostic tests.
Advanced ways like predictive analytics are wide employed in government organizations like healthcare financing systems primarily to avoid frauds in payments
Market Insights
The global Healthcare Analytics market is expected to be around US$ 121 Billion by 2028 at a CAGR of 25% in the given forecast period.
The global Healthcare Analytics market is segregated on the basis of Type as Descriptive Analytics, Predictive Analytics, Prescriptive Analytics, and Cognitive Analytics. Based on Deployment the global Healthcare Analytics market is segmented in Cloud, On-Premises, and Web-based. Based on End-User Industry the global Healthcare Analytics market is segmented in Private Insurance Companies, Government Agencies, Employers and Private Exchanges, Hospitals, Healthcare, and Other.
Based on Component, the global Healthcare Analytics market is segmented in Software, Hardware, and Services. The report also bifurcates the global Healthcare Analytics market based on Application in Clinical, Financial, and Operational and Administrative.
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 Co, IBM, Allscripts Healthcare Solutions, Inc., Cerner Co, Optum Health, Inc., SAS Institute Inc., Verisk Analytics, Oracle, Wipro, SCIO Health Analytic, 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 Type
Healthcare Analytics Market, By Deployment
Healthcare Analytics Market, By End-User Industry
Healthcare Analytics Market, By Component
Healthcare Analytics Market, By Application
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 Co, IBM, Allscripts Healthcare Solutions, Inc., Cerner Co, Optum Health, Inc., SAS Institute Inc., Verisk Analytics, Oracle, Wipro, SCIO Health Analytic, and others.
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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 End Users
5.1. Key Points
5.2. Health information exchanges
5.3. Payers
5.4. Providers
6. Healthcare Analytics Market, By Component
6.1. Key Points
6.2. Software
6.3. Hardware
6.4. Services
7. Healthcare Analytics Market, By Application
7.1. Key Points
7.2. Positioning Application
7.3. Population Health Analytics
7.4. Clinical Analysis
7.5. Operational & Administrative Analysis
7.6. Financial Analysis
8. Healthcare Analytics Market, By Type
8.1. Key Points
8.2. Prescriptive Analytics
8.3. Cognitive Analytics
8.4. Descriptive Analytics
8.5. Predictive Analytics
9. Healthcare Analytics Market, By Delivery Model
9.1. Key Points
9.2. On-demand model
9.3. On-premise model
10. Healthcare Analytics Market, By Region
10.1. Key Points
10.2. North America
10.2.1. U.S
10.2.2. Canada
10.2.3. Mexico
10.3. Europe
10.3.1. UK
10.3.2. Germany
10.3.3. France
10.3.4. Russia
10.3.5. Spain
10.3.6. Turkey
10.3.7. Others
10.4. Asia Pacific
10.4.1. China
10.4.2. Japan
10.4.3. South Korea
10.4.4. Others
10.5. Rest of World
10.5.1. Iran
10.5.2. Brazil
11. Competitive Landscape
11.1. Introduction
11.2. Recent Developments
11.2.1. Mergers & Acquisitions
11.2.2. New Type Developments
11.2.3. Portfolio/Type ion Capacity Expansions
11.2.4. Joint Ventures, Collaborations, Partnerships & Agreements
11.2.5. Others
12. Company Profile
12.1. Wipro
12.1.1. Company Overview
12.1.2. Type/Service Landscape
12.1.3. Financial Overview
12.1.4. Recent Developments
12.2. Vitreoshealth
12.2.1. Company Overview
12.2.2. Type/Service Landscape
12.2.3. Financial Overview
12.2.4. Recent Developments
12.3. SCIO Health Analytics
12.3.1. Company Overview
12.3.2. Type/Service Landscape
12.3.3. Financial Overview
12.3.4. Recent Developments
12.4. SAS Institute Inc
12.4.1. Company Overview
12.4.2. Type/Service Landscape
12.4.3. Financial Overview
12.4.4. Recent Developments
12.5. Oracle
12.5.1. Company Overview
12.5.2. Type/Service Landscape
12.5.3. Financial Overview
12.5.4. Recent Developments
12.6. Optum
12.6.1. Company Overview
12.6.2. Type/Service Landscape
12.6.3. Financial Overview
12.6.4. Recent Developments
12.7. Medeanalytics
12.7.1. Company Overview
12.7.2. Type/Service Landscape
12.7.3. Financial Overview
12.7.4. Recent Developments
12.8. Mckesson
12.8.1. Company Overview
12.8.2. Type/Service Landscape
12.8.3. Financial Overview
12.8.4. Recent Developments
12.9. Inovalon
12.9.1. Company Overview
12.9.2. Type/Service Landscape
12.9.3. Financial Overview
12.9.4. Recent Developments
12.10. IBM
12.10.1. Company Overview
12.10.2. Type/Service Landscape
12.10.3. Financial Overview
12.10.4. Recent Developments
12.11. Health Catalyst
12.11.1. Company Overview
12.11.2. Type/Service Landscape
12.11.3. Financial Overview
12.11.4. Recent Developments
12.12. Citiustech
12.12.1. Company Overview
12.12.2. Type/Service Landscape
12.12.3. Financial Overview
12.12.4. Recent Developments
12.13. Cotiviti
12.13.1. Company Overview
12.13.2. Type/Service Landscape
12.13.3. Financial Overview
12.13.4. Recent Developments
12.14. Cerner
12.14.1. Company Overview
12.14.2. Type/Service Landscape
12.14.3. Financial Overview
12.14.4. Recent Developments
12.15. Allscripts Healthcare Solutions
12.15.1. Company Overview
12.15.2. Type/Service Landscape
12.15.3. Financial Overview
12.15.4. Recent Developments
The Healthcare Analytics Market has been segmented as below:
Healthcare Analytics Market, By Type
Healthcare Analytics Market, By Deployment
Healthcare Analytics Market, By End-User Industry
Healthcare Analytics Market, By Component
Healthcare Analytics Market, By Application
Healthcare Analytics Market, By Region
Healthcare Analytics Market, By Company
