Infinium Global Research has added a new report on Global Healthcare Analytics Market. The report predicts the market size of Healthcare Analytics is expected to reach XX billion by 2022.

The global market for healthcare analytics was valued at USD 7.3 billion in 2015 and is expected to grow at a CAGR of 24.7% during the forecast period of 2016 to 2022. Analytics is the systematic use of data and related business insights developed through various analytical models such as statistical, cognitive, contextual, predictive, quantitative and other emerging models to initiate fact based decision making for planning, measurement, management, and learning. These analytics may be predictive, descriptive, and prescriptive.

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Analytics in the healthcare industry
Currently, the global healthcare industry is experiencing fundamental transformation to a value based business from a volume based business. With the increasing demand from consumers for improved healthcare quality and enhanced value, the healthcare providers and payers around the world are challenged by reduction of costs, improve better outcomes, provide more with less and be more patient centric. Similarly, the cost dynamics of the healthcare industry are changing drastically, which is mainly driven by the prevalence of chronic and infectious diseases, and defensive medicine practices. Large number of new market entrants and innovative healthcare approaches to deliver the treatments are increasing the complexity and competition. As a result, the healthcare industry is becoming more and more complex over the next few years. This immense complexity could challenge the global healthcare industry implementing smarter and more informed decisions, to deliver better value and improved outcomes. In addition, the increasing regulatory presence of government creates additional focus on accountability, governance and oversight on the industry.
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Companies profiled:
IBM Corporation,
Oracle Corporation
McKesson Corporation
Truven Health Analytics
Cerner Corporation.

Key topics covered:
1. Scope of the report
2. Executive summary
3. Qualitative analysis
4. Global healthcare analytics market, by type of technology, 2015 – 2022
5. Global healthcare analytics market, by type of application, 2015 – 2022
6. Global healthcare analytics market, by type of component, 2015 – 2022
7. Contract healthcare analytics market, by geography, 2015 – 2022
8. Company Profiles

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