Impact of COVID-19 Outbreak on Global Healthcare Analytics Market Analysis, Trends and Opportunities 2021 - 2027


Posted October 4, 2021 by Vaibhavwa_mrfr21

AbsoluteMarketInsights Presents “Healthcare Analytics Market Research Report –Global Forecast to 2027” New Document to its Studies Database

 
Healthcare Analytics Market 2021

Healthcare Analytics Market is expected to grow at a CAGR of 27.84% over the Forecast Period Owing to Growing Advancements Patient Data Technology, says Absolute Markets Insights

In terms of revenue, the global healthcare analytics market was valued at US$ 11.87 Mn in 2018 and is expected to reach US$ 29.99 Mn by 2022, growing at a CAGR of 27.84%over the forecast period.

The growing demand for efficient decision-making in the medical industry from data-backed insights is globally strengthening the adoption of healthcare analytics. The increased use of various analytical devices in healthcare systems in order to close performance gaps is driving the market growth. The adoption of various wearable medical devices and sensors are aiding in the collection of individuals’ data. Moreover, the industry is exploiting the broad potential of tools and techniques offered by healthcare analytics to help stakeholders better identify goals for public health and provide sound data-driven medical care. For instance, Health Catalyst, a technology, and services provider offers data analytics to healthcare organizations. Furthermore, in order to build the links between patients and healthcare providers, including those who provide insurance, insights from healthcare analysis are proving to be quite helpful. This has accelerated the demand for healthcare analytics market globally.

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Major Key Players:

Some of the market players operating in the global healthcare analytics market include Verisk Health, SAS Inc., Oracle Corporation, Truven Health Analytics, McKesson Corporation, MedAssets, Inc., Mede Analytics, Inc., IBM, Health Catalyst, and Cognizant

Key Findings of the Report:

On the basis of type, descriptive analytics’ ability to analyze historical data and gain actionable insights into the future will promote segment growth. It is the most fundamental and widely accepted form of analytics that acts as a precursor to predictive and prescriptive analytics.

The market segmented on the basis of application is expected to be dominated by financial analytics as payers are increasingly focusing on early detection of fraud and reducing preventable costs.

On the basis of geography, North America held the largest share of the market owing to the highly developed technological infrastructure in the United States.

Market Segmentation

By Type

Predictive

Prescriptive

Cognitive

By Delivery Model

On-Premise Models

On-Demand Models



By Application

Clinical Analytics

Financial Analytics

Operational and Administrative Analytics

Population Health Analytics

By Component

Service

Hardware

Software

By Region

North America

U.S

Canada

Mexico

Rest of North America

Europe

France

The UK

Spain

Germany

Italy

Nordic Countries

Denmark

Finland

Iceland

Sweden

Norway

Benelux Union

Belgium

The Netherlands

Luxembourg

Rest of Europe

Asia Pacific

China

Japan

India

New Zealand….

Contact us:

Shreyas Tanna

Phone: +91-740-024-2424

Absolute Markets Insights

Email: [email protected]
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Issued By AMI
Country India
Categories Business , Health
Tags healthcare analytics market
Last Updated October 4, 2021