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Healthcare Analytics Market

The use of established statistical tools and coherent models for analysis and forecasting of market data makes this Healthcare Analytics Market report outshining. This global market research report is a proven source to gain valuable market insights and take better decisions about the important business strategies. The report also presents a profound overview of product specification, technology, applications, product type and production analysis considering major factors such as revenue, cost, gross and gross margin about Healthcare industry. This Healthcare Analytics report indicates a professional and all-inclusive study of the market which focuses on primary and secondary drivers, market share, competitor analysis, leading segments and geographical analysis.

A comprehensive data and information provided in the report can be utilized by Healthcare industry to be acquainted with the present and upcoming opportunities and clarify the future investment in the market. With the study of competitor analysis, Healthcare industry can get knowhow of the strategies of key players in the market that includes but are not limited to new product launches, expansions, agreements, joint ventures, partnerships, and acquisitions. Healthcare Analytics market research report helps in growing sales with new thinking, new skills, and innovative programs and tools. The Healthcare Analytics report will act as a sure shot solution to the challenges and problems faced by Healthcare industry.

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Market Analysis:

Global Healthcare Analytics Market is projected to register a healthy CAGR of 15.4% in the forecast period of 2019 to 2026.

Healthcare analytics is also known as clinical data analytics which is the branch of analysis that offers insights into patient records, hospital management, diagnosis and more providing insights on macro and micro levels. Healthcare analytics helps in providing real-time data that can help in deciding the course of future treatment of the patient. 

Competitors/Players: Global Healthcare Analytics Market

IBM Corporation, Oracle Corporation, SAS, Cerner Corporation, Allscripts Healthcare Solutions, Inc., Optum Health, Inc.,Verisk Analytics, Inc., Truven Health Analytics,McKesson Corporation, MedAssets, Inc., Mede Analytics, Inc, Cognizant, Health Catalyst, 3M Company, Philips Healthcare, Information Builders Inc.,HealthKart, CitusTech, VitreosHealth, SCIO Health, Inovalon, Wipro, Verscend, TIBCO Software, Inc., Tableau Software, Inc.,SAP SE, NextHealth Technologies, UnitedHealthcare Group And among other.

Product Launch:

In 2018, Medtronic plc and its strategic technology partner, IBM Watson Health, announced commercial availability of the Sugar.IQ smart diabetes assistant, a first-of-its-kind intelligent app designed to simplify and improve daily diabetes management

In 2018, SAS for Containers was launched. This will help IBM Watson Health to expand their product portfolio and become a strong market player.

In 2018, ExpressCoverage has been launched by McKesson Specialty Health and CoverMyMeds (divisions of McKesson Corporation). This is an integrated eServices platform designed to improve the patient care journey. ExpressCoverage is a new and powerful patient provision platform that will help consumers to connect patients, providers, payers and the life science industry to facilitate patient access and adherence for improved outcomes.

Key Developments in the Market:

In 2018,EXL(U.S.) acquired SCIO Health Analytics(U.S.).This acquisition would strengthen EXL’s capability in the high growth cost optimisation and care optimisation markets.

In 2017, Internet Brands(U.S.) acquired WebMD(U.S.) for exploring and evaluating potential strategic alternatives.

Table Of Content:

Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Global Healthcare Analytics Market Landscape

Part 04: Global Healthcare Analytics Market Sizing

Part 05: Global Healthcare Analytics Market Segmentation By Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape
Part 08: Geographic Landscape

Part 09: Decision Framework
Part 10: Drivers And Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Drivers and Restraints:

Healthcare cost reduction

Patient outcomes improvement

Revenue growth

Rising patient data in healthcare systems

Improving healthcare decisions

Improving the relation between caregivers and care providers, including insurance providers.

Rising popularity of big data analytics in transforming healthcare in developing and developed economies

Competitive Analysis: Global Healthcare Analytics Market

The global healthcare analytics market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of global continuous glucose monitoring market for global, Europe, North America, Asia Pacific and South America.

For Instance, in 2017, Teladoc(U.S.) acquired Best Doctors(U.S.).This acquisition was beneficial for teladoc out of the field of its current repertoire of offering primary care, common dermatology conditions and behavioral health (which it mainly does through episodic care) and into a wider spectrum of medical conditions, including those that are critical and often expensive.

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Analytics can be used in multiple ways in today’s healthcare setting, like:

Operations management, Clinical variability (cost/quality/outcomes) assessment, Patient segmentation, Risk management, Population health, Patient monitoring

Primary Respondents

Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.

Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others

Segmentation: Global Healthcare Analytics Market

The global healthcare analytics control market is segmented based on

• type, component, delivery mode, application, end user and region

Based on type, the market is sub segmented into

• prescriptive, descriptive, predictive

Based on component, the market is segmented into

• software, hardware, services

Based on geography, the market report covers data points for 28 countries across multiple geographies namely

• North America , South America, Europe, Asia-Pacific , Middle East & Africa

Customization of the Report: Global Healthcare Analytics Market report can be customized to meet the client’s requirements. Please connect with us ([email protected]), we will ensure that you get a report that suits your needs.

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