Market Overview

$75.8 Billion Healthcare Analytics Industry - Global Market Outlook 2017-2026


$75.8 Billion Healthcare Analytics Industry - Global Market Outlook 2017-2026

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DUBLIN, Aug 28, 2018 /PRNewswire/ --

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The "Healthcare Analytics - Global Market Outlook (2017-2026)" report has been added to's offering.

According to the Global Healthcare Analytics market is expected to grow from $10.01 billion in 2017 to reach $75.84 billion by 2026 with a CAGR of 25.2%.

Rising venture capital investments, growing government initiatives to raise electronic health record (EHR) adoption and increasing focus on improving patient outcomes are some of the key factors propelling the market growth. However, huge cost of analytics solutions and lack of skilled personnel are some of the factors hampering the market growth. One of the major opportunities in the market is emergence of social media and its impact on the healthcare business.

Healthcare analytics technology uses data for quantitative and qualitative analysis, is undergoing an industry transformation from volume-based medicines and reimbursement to value-based medicines and reimbursement. It has been increasingly occupying a vital role in global healthcare systems for boosting patient outcomes and improving the quality of care at affordable cost. Healthcare organizations world over are increasingly leveraging the potential of data-backed decisions to develop patient engagement and experience. Additionally, it offers healthcare institutions crucial insights into revenue and risk models.

By application, the clinical data analytics segment has acquired the significant growth due to the rising adoption of analytics by healthcare providers owing to the increasing pressure to curb healthcare cost, growing adoption of electronic healthcare records, need to improve patient outcomes and reduce hospital readmission rates and increasing focus on personalized medicine-based analytics.

Based on Geography, North America is estimated to account for the largest market share during the forecast period. Factors such as the increasing federal healthcare mandates to control rising healthcare costs and provide quality care, rising regulatory requirements, growing EHR adoption are expected to drive the market growth.

What our report offers:

  • Market share assessments for the regional and country level segments
  • Market share analysis of the top industry players
  • Strategic recommendations for the new entrants
  • Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends.
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements.

Key Topics Covered:

1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.5 Research Sources

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Futuristic Market Scenario

4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Healthcare Analytics Market, By Component
5.1 Introduction
5.2 Hardware
5.3 Software
5.4 Services
5.4.1 Business Analytics Services
5.4.2 Support Services

6 Global Healthcare Analytics Market, By Type
6.1 Introduction
6.2 Predictive Analytics
6.3 Prescriptive Analytics
6.4 Descriptive Analytics

7 Global Healthcare Analytics Market, By Delivery Model
7.1 Introduction
7.2 On-Premise Healthcare Analytics
7.3 Cloud-based
7.4 Web-based

8 Global Healthcare Analytics Market, By Application
8.1 Introduction
8.2 Clinical Data Analytics
8.2.1 Client Relationship Management
8.2.2 Hospital/Clinical Data Management and Curation
8.2.3 Quality Healthcare
8.2.4 Regulatory Reporting and Compliance
8.2.5 Healthcare Workers Performance Evaluation
8.3 Operational and Administrative Analytics
8.3.1 Workforce Analytics
8.3.2 Strategic Analytics
8.3.3 Supply Chain Analytics
8.4 Financial Data Analytics
8.4.1 Revenue Cycle Management (RCM)
8.4.2 Insurance Claim Analytics
8.4.3 Payment Integrity and Fraud, Waste, and Abuse (FWA)
8.4.4 Risk Adjustment and Risk Assessment
8.4.5 Financial Data Analytics
8.4.6 Claims Processing
8.5 Population Health Analytics
8.5.1 Population Care Management
8.5.2 Population Risk Management
8.5.3 Activity-Based Costing
8.5.4 Patient Engagement
8.5.5 Clinical Outcome Management

9 Global Healthcare Analytics Market, By End User
9.1 Introduction
9.2 Pharmaceutical Industry
9.3 Academic Organization
9.4 Biotechnology Industry
9.5 Healthcare Provider
9.6 Monitoring Agencies

10 Global Healthcare Analytics Market, By Geography

11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies

12 Company Profiling
12.1 IBM Corporation
12.2 Oracle Corporation
12.3 Humedica, Inc.
12.4 Metric Insights, Inc.
12.5 Paradigm4
12.6 Rapid Insight, Inc.
12.7 Truven Health Analytics
12.8 Inovalon, Inc.,
12.9 MedeAnalytics, Inc.
12.10 McKesson Corporation
12.11 Optum Inc.
12.12 Cerner Corporation
12.13 Vitreoshealth
12.14 Scio Health Analytics
12.15 Verscend Technologies

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