Global Healthcare Analytics market is expected to grow upto US$ 115.5 Billion by 2028, at CAGR of about 29.99% during the forecast period.
Growing need to decrease healthcare expenditure among hospitals, and other healthcare providers is projected to increase development in the market. With the advent of data-enriched tools like eHealth, mHealth, Electronic Health Records, and mobile applications, the communication gap between caregivers and patients has condensed. These tools generate tremendous data, that can be used for modified treatments. Normally, patients may hesitate to use these tools, that might affect the application of analytics. But, with the combination of artificial and human intelligence data analytics, that offer wide opportunities to further customize medical approaches, the demand for these tools is projected to rise over the estimate period. Hospitals are now using healthcare analytics to achieve the number of workers working in a particular shift, This data can be used to decide the number of staff members that will be desired for a particular shift, which supports in reducing labour cost in hospitals.
The global Healthcare Analytics market is segregated on the basis of Application as Population Health Analytics, Clinical Analysis, Operational & Administrative Analysis, and Financial Analysis. Based on End User the global Healthcare Analytics market is segmented in Health information exchanges, Providers, and Payers. Based on Delivery Model the global Healthcare Analytics market is segmented in On-demand model and On-premise model.
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 Type in Prescriptive Analytics, Cognitive Analytics, Descriptive Analytics, and Predictive Analytics.
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
Wipro, Vitreoshealth, SCIO Health Analytics, SAS Institute Inc., Oracle, Optum, Medeanalytics, Mckesson, Inovalon, IBM, 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 Application
Healthcare Analytics Market, By End User
Healthcare Analytics Market, By Delivery Model
Healthcare Analytics Market, By Component
Healthcare Analytics Market, By Type
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 Wipro, Vitreoshealth, SCIO Health Analytics, SAS Institute Inc., Oracle, Optum, Medeanalytics, Mckesson, Inovalon, IBM, and others.
Reasons to Buy this Report:
Some of the recent developments in Healthcare Analytics Market are as follows:
Allscripts Healthcare Solutions
Cerner
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1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach – Segmental Market Analysis
2.5.2 Top-Down Approach – Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter’s Five Force Analysis
5. Healthcare Analytics Market, By Application
5.1 Introduction
5.2 Population Health Analytics
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Clinical Analysis
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Operational & Administrative Analysis
5.4.1 Market Overview
5.4.2 Market Size and Forecast
5.5 Financial Analysis
5.5.1 Market Overview
5.5.2 Market Size and Forecast
6. Healthcare Analytics Market, By End User
6.1 Introduction
6.2 Health information exchanges
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Providers
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Payers
6.4.1 Market Overview
6.4.2 Market Size and Forecast
7. Healthcare Analytics Market, By Delivery Model
7.1 Introduction
7.2 On-demand model
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 On-premise model
7.3.1 Market Overview
7.3.2 Market Size and Forecast
8. Healthcare Analytics Market, By Component
8.1 Introduction
8.2 Software
8.2.1 Market Overview
8.2.2 Market Size and Forecast
8.3 Hardware
8.3.1 Market Overview
8.3.2 Market Size and Forecast
8.4 Services
8.4.1 Market Overview
8.4.2 Market Size and Forecast
9. Healthcare Analytics Market, By Type
9.1 Introduction
9.2 Prescriptive Analytics
9.2.1 Market Overview
9.2.2 Market Size and Forecast
9.3 Cognitive Analytics
9.3.1 Market Overview
9.3.2 Market Size and Forecast
9.4 Descriptive Analytics
9.4.1 Market Overview
9.4.2 Market Size and Forecast
9.5 Predictive Analytics
9.5.1 Market Overview
9.5.2 Market Size and Forecast
10. Healthcare Analytics Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 North America Healthcare Analytics, By Application
10.2.2 North America Healthcare Analytics, By End User
10.2.3 North America Healthcare Analytics, By Delivery Model
10.2.4 North America Healthcare Analytics, By Component
10.2.5 North America Healthcare Analytics, By Type
10.3 Europe
10.3.1 Europe Healthcare Analytics, By Application
10.3.2 Europe Healthcare Analytics, By End User
10.3.3 Europe Healthcare Analytics, By Delivery Model
10.3.4 Europe Healthcare Analytics, By Component
10.3.5 Europe Healthcare Analytics, By Type
10.4 Asia-Pacific
10.4.1 Asia-Pacific Healthcare Analytics, By Application
10.4.2 Asia-Pacific Healthcare Analytics, By End User
10.4.3 Asia-Pacific Healthcare Analytics, By Delivery Model
10.4.4 Asia-Pacific Healthcare Analytics, By Component
10.4.5 Asia-Pacific Healthcare Analytics, By Type
10.5 Rest of the World
10.5.1 Rest of the World Healthcare Analytics, By Application
10.5.2 Rest of the World Healthcare Analytics, By End User
10.5.3 Rest of the World Healthcare Analytics, By Delivery Model
10.5.4 Rest of the World Healthcare Analytics, By Component
10.5.5 Rest of the World Healthcare Analytics, By Type
11. Competitive Insights
11.1 Key Insights
11.2 Company Market Share Analysis
11.3 Strategic Outlook
11.3.1 Mergers & Acquisitions
11.3.2 New Product Development
11.3.3 Portfolio/Production Capacity Expansions
11.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
11.3.5 Others
12. Company Profiles
12.1 Wipro
12.1.1 Company Overview
12.1.2 Product/Service Landscape
12.1.3 Financial Overview
12.1.4 Recent Developments
12.2 Vitreoshealth
12.2.1 Company Overview
12.2.2 Product/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 Product/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 Product/Service Landscape
12.4.3 Financial Overview
12.4.4 Recent Developments
12.5 Oracle
12.5.1 Company Overview
12.5.2 Product/Service Landscape
12.5.3 Financial Overview
12.5.4 Recent Developments
12.6 Optum
12.6.1 Company Overview
12.6.2 Product/Service Landscape
12.6.3 Financial Overview
12.6.4 Recent Developments
12.7 Medeanalytics
12.7.1 Company Overview
12.7.2 Product/Service Landscape
12.7.3 Financial Overview
12.7.4 Recent Developments
12.8 Mckesson
12.8.1 Company Overview
12.8.2 Product/Service Landscape
12.8.3 Financial Overview
12.8.4 Recent Developments
12.9 Inovalon
12.9.1 Company Overview
12.9.2 Product/Service Landscape
12.9.3 Financial Overview
12.9.4 Recent Developments
12.10 IBM
12.10.1 Company Overview
12.10.2 Product/Service Landscape
12.10.3 Financial Overview
12.10.4 Recent Developments
12.11 Health Catalyst
12.11.1 Company Overview
12.11.2 Product/Service Landscape
12.11.3 Financial Overview
12.11.4 Recent Developments
12.12 Citiustech
12.12.1 Company Overview
12.12.2 Product/Service Landscape
12.12.3 Financial Overview
12.12.4 Recent Developments
12.13 Cotiviti
12.13.1 Company Overview
12.13.2 Product/Service Landscape
12.13.3 Financial Overview
12.13.4 Recent Developments
12.4 Cerner.
12.14.1 Company Overview
12.14.2 Product/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 Product/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 Application
Healthcare Analytics Market, By End User
Healthcare Analytics Market, By Delivery Model
Healthcare Analytics Market, By Component
Healthcare Analytics Market, By Type
Healthcare Analytics Market, By Region
Healthcare Analytics Market, By Company
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