Healthcare Analytics Market to reach $16 Billion by 2024
Get more details @ http://bit.ly/2orGxfa Some of the industry players offering unique and advanced products in healthcare analytics market include IBM, OptumHealth, McKesson Corporation, Allscripts Healthcare Solutions, Cerner Corporation and Health Catalyst. Other notable companies such as GE Healthcare, Influence Health, Evolent Health, Inovalon Computer Programs and Systems are in pursuit of gaining healthcare analytics market share.
Get more details @ http://bit.ly/2orGxfa
Some of the industry players offering unique and advanced products in healthcare analytics market include IBM, OptumHealth, McKesson Corporation, Allscripts Healthcare Solutions, Cerner Corporation and Health Catalyst. Other notable companies such as GE Healthcare, Influence Health, Evolent Health, Inovalon Computer Programs and Systems are in pursuit of gaining healthcare analytics market share.
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<strong>Healthcare</strong> <strong>Analytics</strong> <strong>Market</strong> <strong>to</strong> grow at 12 % CAGR<br />
from 2017 <strong>to</strong> <strong>2024</strong>: Global <strong>Market</strong> Insights Inc.<br />
The global industry report "<strong>Healthcare</strong> <strong>Analytics</strong> <strong>Market</strong> Size By Product<br />
(Descriptive <strong>Analytics</strong>, Predictive <strong>Analytics</strong>, Prescriptive <strong>Analytics</strong>), By<br />
Application (Operations Management, Financial Management, Population<br />
Health Management, Clinical Management), By End-Use (Hospitals, Clinics,<br />
Physicians, Others), Industry Analysis Report, Regional Outlook (U.S., Canada,<br />
Germany, UK, France, Italy, Spain, Russia, China, India, Japan, Australia,<br />
Brazil, Mexico, South Africa, Saudi Arabia), Growth Potential, Price Trends,<br />
Competitive <strong>Market</strong> Share & Forecast, 2017 – <strong>2024</strong>" <strong>by</strong> Global <strong>Market</strong> Insights,<br />
Inc. says <strong>Healthcare</strong> <strong>Analytics</strong> <strong>Market</strong> size is projected <strong>to</strong> exceed USD 16 billion <strong>by</strong><br />
<strong>2024</strong>.<br />
The growing need <strong>to</strong> control healthcare cost and growing adoption across the globe<br />
will drive healthcare analytics market growth. <strong>Healthcare</strong> analytics and data analytics<br />
would reduce overall healthcare cost <strong>by</strong> identifying inefficiencies in current delivery<br />
methods, reduce the frequency of hospital visits and eliminate the need for<br />
unnecessary testing. Rapid adoption in developed regions and growing acceptance<br />
of advanced technologies in emerging economies should fuel healthcare analytics<br />
market size. Promising improvements in healthcare infrastructure, growing<br />
disposable income levels and increasing application of these solutions should boost<br />
industry growth.<br />
Providing individualized solutions through effective usage of electronic health<br />
records and analytical software will stimulate healthcare analytics market demand.<br />
Rising social media usage coupled with technological innovation in analytics should<br />
further facilitate industry expansion.<br />
Enteral nutrition should witness over 5% CAGR with expectations <strong>to</strong> surpass USD 20<br />
billion <strong>by</strong> <strong>2024</strong>. Increasing preference for enteral route of Increasing R&D<br />
investments in advanced healthcare analytics should serve as a significant driver in<br />
the developed nations. Moreover, favorable government initiatives and emergence of<br />
big data analytics in the industry will further augment healthcare analytics market<br />
growth in the coming years.<br />
Data safety and integrity concerns, rigid healthcare structure restricting seamless<br />
data sharing among healthcare providers and lack of skilled people and<br />
organizational procedures for data sharing may hinder industry growth over the<br />
forecast years.<br />
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<strong>Healthcare</strong> predictive analytics market share is projected <strong>to</strong> exceed USD 5 billion <strong>by</strong><br />
<strong>2024</strong>. Increasing use of predictive analytics in developed countries <strong>to</strong> design and<br />
develop future healthcare solutions should largely contribute <strong>to</strong> the segment growth.<br />
Population health management improves health outcomes and lowers medical costs<br />
through data integration, risk stratification and effective management of patient care.<br />
It is widely used as a <strong>to</strong>ol for preventive care and better health management.<br />
Population health management should witness a robust 13% CAGR owing <strong>to</strong><br />
increasing application of healthcare analytics.<br />
Germany <strong>Healthcare</strong> <strong>Analytics</strong> <strong>Market</strong> Size, By Product, 2013-<strong>2024</strong> (USD<br />
Million)<br />
Browse key industry insights spread across 130 pages with 88 market data tables &<br />
8 figures & charts from this 2017 report <strong>Healthcare</strong> <strong>Analytics</strong> <strong>Market</strong> in detail along<br />
with the table of contents at:<br />
https://www.gminsights.com/industry-analysis/healthcare-analytics-market<br />
Increasing number of clinics worldwide have significantly contributed <strong>to</strong> expansion of<br />
healthcare analytics industry. Modernization of clinics has enabled implementation of<br />
EHR and increased adoption rate of healthcare analytics solutions among providers.<br />
U.S. healthcare analytics market accounted for more than 90% of regional industry<br />
share. Widespread adoption of EHR and other technologies for effective healthcare<br />
delivery and increasing funding for development of innovative solutions should<br />
stimulate industry growth. Germany held over 25% of Europe healthcare analytics<br />
market share owing <strong>to</strong> growing need <strong>to</strong> curb rising healthcare cost coupled with<br />
spurring adoption of advanced healthcare technologies. Increasing number of<br />
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hospital setups and growing implementation of EHR should also drive business<br />
growth in coming years.<br />
Japan healthcare analytics market is set <strong>to</strong> witness more than 12% CAGR over<br />
forecast years. Increasing application of predictive and prescriptive analytics,<br />
improved economic indica<strong>to</strong>rs, and growing adoption of advanced technologies<br />
should stimulate business growth. Growing geriatric population and increasing need<br />
<strong>to</strong> curtail the associated costs should fuel the industry growth.<br />
Some of the industry players offering unique and advanced products in healthcare<br />
analytics market include IBM, OptumHealth, McKesson Corporation, Allscripts<br />
<strong>Healthcare</strong> Solutions, Cerner Corporation and Health Catalyst. Other notable<br />
companies such as GE <strong>Healthcare</strong>, Influence Health, Evolent Health, Inovalon<br />
Computer Programs and Systems are in pursuit of gaining healthcare analytics<br />
market share.<br />
Mergers and acquisitions, provision of cus<strong>to</strong>mized solutions and expansion in<br />
commercially unexploited geographical markets are some of the major strategies<br />
adopted <strong>by</strong> industry participants. Companies are heavily investing in R&D <strong>to</strong> come<br />
up with innovative analytics platforms with enhanced features as a part of their<br />
commercialization strategy.<br />
Segmentation of <strong>Healthcare</strong> <strong>Analytics</strong> <strong>Market</strong>:<br />
<strong>Healthcare</strong> analytics market research report includes in-depth coverage of the<br />
industry with estimates & forecast in terms of revenue in USD from 2013 <strong>to</strong> <strong>2024</strong>, for<br />
the following segments:<br />
<strong>Healthcare</strong> <strong>Analytics</strong> <strong>Market</strong> <strong>by</strong> Product<br />
<br />
<br />
<br />
Descriptive analytics<br />
Predictive analytics<br />
Prescriptive analytics<br />
<strong>Healthcare</strong> <strong>Analytics</strong> <strong>Market</strong> <strong>by</strong> Application<br />
<br />
<br />
<br />
<br />
Operations management<br />
Financial management<br />
Population health management<br />
Clinical management<br />
<strong>Healthcare</strong> <strong>Analytics</strong> <strong>Market</strong> <strong>by</strong> End User<br />
<br />
<br />
Hospital<br />
Clinics<br />
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Physicians<br />
Others<br />
The above information is provided for the following regions/countries:<br />
<br />
<br />
<br />
<br />
<br />
North America<br />
o U.S.<br />
o Canada<br />
Europe<br />
o Germany<br />
o UK<br />
o France<br />
o Spain<br />
o Italy<br />
o Russia<br />
Asia Pacific<br />
o China<br />
o India<br />
o Japan<br />
o Australia<br />
o South Korea<br />
Latin America<br />
o Brazil<br />
o Mexico<br />
Middle East and Africa<br />
o South Africa<br />
o Saudi Arabia<br />
About Global <strong>Market</strong> Insights:<br />
Global <strong>Market</strong> Insights, Inc., headquartered in Delaware, U.S., is a global market<br />
research and consulting service provider; offering syndicated and cus<strong>to</strong>m research<br />
reports along with growth consulting services. Our business intelligence and industry<br />
research reports offer clients with penetrative insights and actionable market data<br />
specially designed and presented <strong>to</strong> aid strategic decision making. These exhaustive<br />
reports are designed via a proprietary research methodology and are available for<br />
key industries such as chemicals, advanced materials, technology, renewable<br />
energy and biotechnology.<br />
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Contact Us:<br />
Arun Hegde<br />
Corporate Sales, USA<br />
Global <strong>Market</strong> Insights, Inc.<br />
Phone: 1-302-846-7766<br />
Toll Free: 1-888-689-0688<br />
Email: sales@gminsights.com<br />
Website: https://www.gminsights.com/<br />
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