According to a market report by Lucintel, the future of the healthcare business intelligence (BI) market looks promising with opportunities in the provider, hospitals, physician practices/clinics, IDNs/MCOs/ACOs/HIEs, and payer end use industries. The healthcare business intelligence (BI) market is expected to grow with a CAGR of 14% from 2019 to 2024. The major drivers for this market are rising demand for reduction in healthcare costs, federal healthcare mandates boosting the uptake of BI solutions, rise in data availability, need to improve healthcare outcomes and enhance patient satisfaction, and increasing need for regulatory compliance & reporting.

In this market, platform, software, and services are the major product type segments. Platform is the largest product type market.
Within the healthcare business intelligence (BI) market, providers, hospitals, physician practices/clinics, IDNs/MCOs/ACOs/HIEs, and payers are the major end use industries. Payers are the largest end use segment for healthcare business intelligence (BI).
Clinical care optimization; physician performance benchmarking & monitoring; regulatory reporting & compliance; financial analysis; planning, forecasting, & budgeting; revenue cycle management; claim analysis; operational performance & cost management; resource & human capital management; service line analysis & supply chain management; and marketing analysis are the major application segments of the healthcare business intelligence (BI) market.

North America will remain the largest market over the forecast period due to increasing adoption of healthcare intelligence solutions, services by healthcare providers (especially in the US) to provide better quality care, and lower healthcare costs.

Accenture Plc, IBM Corporation, Information Builders, Microsoft Corporation, Microstrategy, Oracle Corporation, Qlik Technologies, SAP AG, SAS Institute, and Tableau Software are among the major players in the healthcare business intelligence (BI) market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the healthcare business intelligence (BI) market by function, application, technology, end use industry, product, and region. Lucintel has prepared a comprehensive research report titled " Healthcare Business Intelligence (BI) Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the healthcare business intelligence (BI) market by function, application, technology, end use industry, product, and region as follows:
By Technology [$M shipment analysis for 2013 – 2024]:
• Traditional Business Intelligence
• Cloud Business Intelligence
• Mobile Business Intelligence
By Function [$M shipment analysis for 2013 – 2024]:
• Query and Reporting Tools
• On-Line Analytical Processing (OLAP) and Visualization Tools
• Performance Management/Monitoring & Alerts
By Product [$M shipment analysis for 2013 – 2024]:
• Platform
• Software
• Services
By Application [$M shipment analysis for 2013 – 2024]:
• Clinical
• Clinical Care Optimization
• Physician Performance Benchmarking & Monitoring
• Regulatory Reporting & Compliance
• Financial Analysis
• Planning, Forecasting & Budgeting
• Revenue Cycle Management
• Claims Analysis
• Operational Performance & Cost Management
• Resource & Human Capital Management
• Service Line Analysis & Supply Chain Management
• Marketing Analysis
By End Use Industry [$M shipment analysis for 2013 – 2024]:
• Providers
• Hospitals
• Physician Practices/Clinics
• IDNs/MCOs/ACOs/HIEs
• Payers
By Region [$M shipment analysis for 2013 – 2024]:
• North America
o United States
o Canada
o Mexico
• Europe
o United Kingdom
o Germany
o France
o Italy
o Spain
• Asia Pacific
o China
o Japan
o India
• Rest of the World (ROW)
o Brazil

This report of more than 150 pages will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link…… or [email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key questions:

Q.1 What are some of the most promising potential, high-growth opportunities for the healthcare business intelligence (BI) market by function (query and reporting tools, on-line analytical processing (OLAP) and visualization tools, and performance management/ monitoring & alerts), application (clinical, clinical care optimization, physician performance benchmarking & monitoring, regulatory reporting & compliance, financial analysis, planning, forecasting & budgeting, revenue cycle management, claims analysis, operational performance & cost management, resource & human capital management, service line analysis & supply chain management, and marketing analysis), technology (traditional BI, cloud BI, and mobile BI), end use industry (providers, hospitals, physician practices/clinics, IDNs/MCOs/ACOs/HIEs, and payers), product (platform, software, and services), and region (North America, Europe, Asia Pacific, and ROW)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the healthcare business intelligence (BI) market?
Q.5 What are the business risks and threats to the healthcare business intelligence (BI) market?
Q.6 What are the emerging trends in the healthcare business intelligence (BI) market and the reasons behind them?
Q.7 What are some changing demands of customers in the healthcare business intelligence (BI) market?
Q.8 What are the new developments in the healthcare business intelligence (BI) market? Which companies are leading these developments?
Q.9 Who are the major players in the healthcare business intelligence (BI) market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in the healthcare business intelligence (BI) market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities did take place in the last five years in the healthcare business intelligence (BI) market?