Healthcare Analytics Market share to hit $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.
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
<strong>Healthcare</strong> <strong>Analytics</strong> <strong>Market</strong> forecast <strong>to</strong> <strong>hit</strong><br />
<strong>$16</strong>Bn <strong>by</strong> <strong>2024</strong>: Frac<strong>to</strong>via.org<br />
<strong>Healthcare</strong> <strong>Analytics</strong> <strong>Market</strong> is projected <strong>to</strong> carve out a profitable roadmap over the<br />
coming seven years, pertaining <strong>to</strong> the rising adoption of the big data analytics model<br />
across the medical fraternity and the increasing need <strong>to</strong> reduce healthcare costs. Data<br />
analytics helps lower the overall medical costs <strong>by</strong> eliminating the requirement of<br />
unnecessary testing procedures, recognizing inefficiencies in the existing delivery<br />
methodologies, and reducing the number of visits <strong>to</strong> the hospital, which will stimulate<br />
healthcare analytics industry. In addition, increasing developments in healthcare<br />
infrastructure and rising disposable incomes will further fuel the industry.<br />
<strong>Healthcare</strong> <strong>Analytics</strong> <strong>Market</strong>, slated <strong>to</strong> cross USD 16 billion <strong>by</strong> <strong>2024</strong>, with a CAGR<br />
estimation of 12% over 2017-<strong>2024</strong>. <strong>Healthcare</strong> analytics finds applications in financial<br />
management, population health management, operations management, and clinical<br />
management.<br />
Data analytics solutions help reduce healthcare spending and improves access <strong>to</strong><br />
medical care providers, which will spur healthcare analytics industry from clinical<br />
management. Of late, inves<strong>to</strong>rs have been depicting interest in clinical solutions<br />
providers, which will propel healthcare analytics market size from clinical<br />
management, slated <strong>to</strong> record a CAGR of 13% over 2017-<strong>2024</strong>.<br />
Descriptive analytics held more than 55% of healthcare analytics industry <strong>share</strong> in<br />
2016 and is anticipated <strong>to</strong> grow at a CAGR of 11% over 2017-<strong>2024</strong>. The growth of this<br />
product segment can be attributed <strong>to</strong> its ability <strong>to</strong> analyze his<strong>to</strong>rical data and gain<br />
insights for future actions. As opposed <strong>to</strong> prescriptive and predictive analytics, this<br />
product is the one that is widely accepted.<br />
The United States is forecast <strong>to</strong> be one of the most lucrative business grounds for the<br />
development of healthcare analytics market. Pertaining <strong>to</strong> the high funding for the<br />
development of unique healthcare solutions and the significant adoption of high-grade<br />
technologies, the U.S. held more than 90% of North America healthcare analytics<br />
market <strong>share</strong> in 2016 and will grow profitably over the coming years.<br />
1 | P a g e
Germany <strong>Healthcare</strong> <strong>Analytics</strong> <strong>Market</strong> Size, By Product, 2013-<strong>2024</strong><br />
(USD Million)<br />
Browse key industry insights spread across 130 pages with 88 market data tables & 8<br />
figures & charts from the report <strong>Healthcare</strong> <strong>Analytics</strong> <strong>Market</strong> in detail along with the<br />
table of contents:<br />
https://www.frac<strong>to</strong>via.org/news/industry-research-report/healthcare-analytics-market<br />
Hospitals, physicians, and clinics are major end-use segments adopting healthcare<br />
analytics. Hospitals accounted for more than 70% of healthcare analytics industry<br />
<strong>share</strong> in 2016 and is anticipated <strong>to</strong> grow significantly over the comings even years.<br />
This growth can be credited <strong>to</strong> the fact that big data analytics help hospitals reduce<br />
fraudulent payments, curtail administrative costs, and provide excellent care<br />
coordination. <strong>Healthcare</strong> analytics market size from clinics, on the other hand will<br />
surpass a valuation of USD 2 billion <strong>by</strong> <strong>2024</strong> at a CAGR of 13% over 2017-<strong>2024</strong>.<br />
Rising utilization of analytics helps physicians identify the problems that require care<br />
improvement, which will further boost the segment growth.<br />
Global healthcare analytics market is characterized <strong>by</strong> strategic mergers &<br />
acquisitions, collaborations, and partnerships. In addition, companies also focus on<br />
global business expansion and novel product launches <strong>to</strong> sustain their position. Major<br />
players operating in this industry include Tenet <strong>Healthcare</strong> Corporation, Allscripts<br />
<strong>Healthcare</strong> Solutions, IBM, Evolent Health, GE <strong>Healthcare</strong>, Athenahealth,<br />
OptumHealth, Cerner Corporation, Computer Programs and Systems, Inovalon,<br />
McKesson Corporation, Change <strong>Healthcare</strong>, Health Catalyst, and Influence Health.<br />
2 | P a g e
Table of Content of <strong>Healthcare</strong> <strong>Analytics</strong> <strong>Market</strong>:<br />
Chapter 1. Methodology and Scope<br />
1.1. Methodology<br />
1.1.1. Initial data exploration<br />
1.1.2. Statistical model and forecast<br />
1.1.3. Industry insights and validation<br />
1.1.4. <strong>Market</strong> definition and forecast parameters<br />
1.2. Data Sources<br />
1.2.1 Primary<br />
1.2.2 Secondary<br />
Chapter 2. Executive Summary<br />
2.1. <strong>Healthcare</strong> analytics development industry 360 0 synopsis, 2013 – <strong>2024</strong><br />
(USD Million)<br />
2.1.1. Business trends<br />
2.1.2. Product trends<br />
2.1.3. Application trends<br />
2.1.4. End user trends<br />
2.1.5. Regional trends<br />
Chapter 3. <strong>Healthcare</strong> <strong>Analytics</strong> Development Industry Insights<br />
3.1 Industry segmentation<br />
3.2 Industry size and forecast, 2013 – <strong>2024</strong> (USD Million)<br />
3.3 Industry impact forces<br />
3 | P a g e
3.3.1 Growth drivers<br />
3.3.1.1 Emergence of Big Data in healthcare<br />
3.3.1.2 Emergence of personalized and evidence based<br />
medicine<br />
3.3.1.3 Rising investments in venture capital funds<br />
3.3.1.4 Growing need of increasing efficiency in healthcare<br />
sec<strong>to</strong>r <strong>by</strong> reducing unnecessary costs<br />
3.3.1.5 Technological advancements<br />
3.3.1.6 Emergence of social media and its impact on<br />
healthcare<br />
3.3.2 Industry pitfalls & challenges<br />
3.3.2.1 Lack of skilled IT professionals in healthcare<br />
3.3.2.2 Data integrity and safety issues<br />
3.4 Growth potential analysis, 2016<br />
3.4.1 By Product<br />
3.4.2 By Application<br />
3.4.3 By End user<br />
3.5 Investment landscape<br />
3.5.1 U.S.<br />
3.5.2 Europe<br />
3.6 Technology landscape<br />
3.6.1 North America<br />
3.6.2 Europe<br />
3.6.3 APAC<br />
3.7 Regula<strong>to</strong>ry & reimbursement scenario<br />
4 | P a g e
3.7.1 U.S.<br />
3.7.2 Europe<br />
3.7.3 Japan<br />
3.8 Industry growth outlook<br />
3.9 Competitive landscape, 2016<br />
3.9.1 Company revenue analysis<br />
3.9.2 Product portfolio analysis<br />
3.9.3 Strategy disboard<br />
3.10 Porter’s analysis<br />
3.11 PESTEL analysis<br />
About Frac<strong>to</strong>via.org:<br />
Frac<strong>to</strong>via.org is one of India's leading in-house and free news portal. It is fully<br />
au<strong>to</strong>mated, and operates on a constant premise, interfacing with news sites and<br />
offering redesigned breaking features <strong>to</strong> readers across the globe. Our mission is <strong>to</strong><br />
offer individuals opportunities for connections with news writers and distribu<strong>to</strong>rs which<br />
they can pursue. We operate <strong>by</strong> mapping articles pertaining <strong>to</strong> breaking news,<br />
constantly and progressively, against a pre-determined word-based theme, offering<br />
important connections <strong>to</strong> readers and clients, as well as distribu<strong>to</strong>rs.<br />
Contact Us:<br />
Arun Hegde<br />
Corporate Sales, USA<br />
Frac<strong>to</strong>via.org<br />
Phone: 1-302-846-7766<br />
Toll Free: 1-888-689-0688<br />
Email: sales@frac<strong>to</strong>via.org<br />
Website: https://www.frac<strong>to</strong>via.org<br />
Connect with us: Facebook | Twitter<br />
5 | P a g e
Change language