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Global Healthcare Analytics Market – Premium Insight, Industry Trends, FPNV Positioning Matrix, Competitive News Feed Analysis, Company Usability Profiles, Market Sizing & Forecasts to 2024
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The global healthcare analytics market is expected to grow from USD 7,162.28 million 2017 to USD 42,841.67 million by the end of 2024 at a Compound Annual Growth Rate (CAGR) of 29.11%.
“Government enforcement to adopt HERis one of the factors largely attributing to the growth of healthcare analytics market globally”
The factors attributing to the growth of the market are government enforcement to adopt her, technical advancement in big data and analytics in the healthcare industry, the improved digitization of clinical processes, and improved patient care along with reduced hospital readmissions & healthcare costs. However, some factors such as and lack of skilled workforce may hinder the market growth. The global healthcare analytics market is expected to showcase the opportunities such as tapping big data for real-time infection control, machine learning and iot, and electronic medical records (emrs) and budding business intelligence (bi) capabilities. In the near future, the market may face possible challenges in growth due to and data integrity and security issues. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the global healthcare analytics market.”Descriptive Analytics: The highest growing type for the global healthcare analytics market”
On the basis of type, the global healthcare analytics market is studied across Descriptive Analytics, Predictive Analytics, and Prescriptive Analytics. Among all these types, the Descriptive Analytics is projected to hold the largest market share while the Predictive Analytics has the potential to grow the market with the highest CAGR in the forecast period.”On-Cloud: The highest growing deployment for the global healthcare analytics market”
On the basis of deployment, the global healthcare analytics market is studied across On-Cloud and On-Premises. Among all these deployments, the On-Cloud has captured the maximum market share while the On-Cloud has the opportunity to emerge with the highest CAGR.”Healthcare Providers: The highest growing end user for the global healthcare analytics market”
On the basis of the end user, the global healthcare analytics market is studied across Healthcare Payers and Healthcare Providers. Among all these end users, the Healthcare Providers has captured the maximum market share while the Healthcare Providers has the opportunity to emerge with the highest CAGR.”Financial Analytics: The highest growing application for the global healthcare analytics market”
On the basis of application, the global healthcare analytics market is studied across Clinical Analytics, Financial Analytics, Operational & Administrative Analytics, and Population Health Analytics. Among all these applications, the Financial Analytics has captured the maximum market share while the Clinical Analytics has the opportunity to emerge with the highest CAGR.”Americas: The highest growing geography for the global healthcare analytics market”
On the basis of geography, the global healthcare analytics market is studied across the Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia). Among all these geographies, the Asia-Pacific is showing the maximum growth in the near future with the highest CAGR while the Americas is dominating the market with the highest market size.
“Allscripts Healthcare Solutions, Inc.: The potential growing player for the global healthcare analytics market”
The key players profiled in the global healthcare analytics market are Allscripts Healthcare Solutions, Inc., Cerner Corporation, CitiusTech Inc., Health Catalyst, Inc., Inovalon, Inc., International Business Machines Corporation, McKesson Corporation, MedeAnalytics Inc., Optum, Inc., Oracle Corporation, SAS Institute, Inc., SCIOInspire, Corp., Verscend Technologies, Inc., VitreosHealth, Inc., and Wipro, Ltd..
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the global healthcare analytics market.
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the global healthcare analytics market.
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the global healthcare analytics market.
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the global healthcare analytics market.
5. Competitive Assessment & Intelligence: Provides exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global healthcare analytics market.
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