Healthcare analytics market is expected to grow at a considerable rate during the forecast period 2019-2025. The growing need for accurate information in the healthcare industry have been increasing, as the payers, government, industry groups, employers and patients are inclined towards insightful information, transparency, and accountability. The need for healthcare analytics is increasing for clinicians to improve clinical outcome, service quality, patient satisfaction, and clinical outcomes. Cohesive government initiatives and rising adoption of cloud services such as electronic health record (EHR), medical imaging, and public health databases are boosting the market growth of healthcare analytics. The data is gathered from various sources such as emails messages, social media, and mobile applications. The better decision can make with the support of high-volume health data sets combined with advanced analysis for better patient safety. In healthcare analytics, statistical models, data mining and clinical decision, and advanced information technologies are used to support decision making. The integrated application process healthcare analytics allow doctors, caregivers, and patients to understand health data needed for health management, diagnosis, treatment, and preventive care.
Geographically, the market is divided into North America, Europe, Asia-Pacific and Rest of the World (RoW). North America dominates the global healthcare analytics market owing to significant development in healthcare services, cohesive government policies, and expansion of health insurance due to the Affordable Care Act (ACA). ACA is the healthcare legislation in the US, which authorized the Department of Health and Human Services to release data that promotes transparency for healthcare and medical insurance in the region. Additionally, Asia-Pacific region is expected to be the fastest growing market during the forecast period. The increasing adoption of EHR technology coupled with technological advancement and cohesive policies boost healthcare analytics market in the Asia-Pacific region.
There are various companies involved in healthcare analytics such as Health Catalyst, IBM Corp., McKesson Corp., NextHealth Technologies, Inc., MedeAnalytics, Inc., Epic Systems Corp, and Allscripts Healthcare, LLC. Geographical expansion, partnership & collaboration, and merger & acquisition are key strategies adopted by the market players to stay competitive into the healthcare analytics market. For instance, in June 2018, MedeAnalytics, a healthcare analytics provider partnered with HealthEdge, an integrated financial, administrative and clinical platform provider for transformative health plans. The aim of the partnership was to offer integrated, insight, advanced analytics, HealthRules for the customers.
Research Methodology:
The market study of the global healthcare analytics market is incorporated by extensive primary and secondary research conducted by a research team at OMR. Secondary research has been conducted to refine the available data to break down the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macroeconomic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Secondary sources include:
The report is intended for analytics service providers, companies, research, healthcare, investment companies, government organizations for overall market analysis and competitive analysis. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models delivering insights into the market for better business decisions.
Market Segmentation:
The Report Covers:
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
1.2.3. By Stakeholders
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Competitive Dashboard
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. IBM Corp.
3.3.1.1. Overview
3.3.1.2. Financial Analysis
3.3.1.3. SWOT Analysis
3.3.1.4. Recent Developments
3.3.2. Allscripts Healthcare, LLC
3.3.2.1. Overview
3.3.2.2. Financial Analysis
3.3.2.3. SWOT Analysis
3.3.2.4. Recent Developments
3.3.3. Cerner Corp.
3.3.3.1. Overview
3.3.3.2. Financial Analysis
3.3.3.3. SWOT Analysis
3.3.3.4. Recent Developments
3.3.4. Microsoft Corp.
3.3.4.1. Overview
3.3.4.2. Financial Analysis
3.3.4.3. SWOT Analysis
3.3.4.4. Recent Developments
3.3.5. Epic Systems Corp.
3.3.5.1. Overview
3.3.5.2. Financial Analysis
3.3.5.3. SWOT Analysis
3.3.5.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Healthcare Analytics Market by Deployment Model
5.1.1. Cloud-Based
5.1.2. On-Premise
5.1.3. Web-Based
5.2. Global Healthcare Analytics Market by Application
5.2.1. Financial Data Analytics
5.2.2. Clinical Data Analytics
5.3. Global Healthcare Analytics Market by End-User
5.3.1. Healthcare Providers
5.3.2. Pharmacies
6. REGIONAL ANALYSIS
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. COMPANY PROFILES
7.1. 3M Co.
7.2. Allscripts Healthcare, LLC
7.3. Amazon Web Services, Inc.
7.4. Amitech Solutions, Inc.
7.5. Cerner Corp.
7.6. CitiusTech, Inc.
7.7. CloudMedx, Inc.
7.8. Cognizant Technology Solution U.S Corp.
7.9. Epic Systems Corp.
7.10. Google, LLC
7.11. Greenway Health, LLC
7.12. Health Catalyst
7.13. IBM Corp.
7.14. IMAT solutions
7.15. Information Builders
7.16. Inovalon Holdings, Inc.
7.17. Koninklijke Philips N.V.
7.18. McKesson Corp.
7.19. MedeAnalytics, Inc.
7.20. Microsoft Corp.
7.21. NextHealth Technologies, Inc.
7.22. Oracle Corp.
7.23. SCIO Health Analytics
7.24. SYNERGEN Health, LLC
7.25. Vizient, Inc.
1. GLOBAL HEALTHCARE ANALYTICS MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODEL, 2018-2025 ($ MILLION)
2. GLOBAL CLOUD-BASED MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
3. GLOBAL ON-PREMISE MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
4. GLOBAL WEB-BASED MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
5. GLOBAL HEALTHCARE ANALYTICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
6. GLOBAL FINANCIAL DATA ANALYTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025($ MILLION)
7. GLOBAL CLINICAL DATA ANALYTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
8. GLOBAL HEALTHCARE ANALYTICS MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
9. GLOBAL HEALTHCARE PROVIDERS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
10. GLOBAL PHARMACIES MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
11. GLOBAL HEALTHCARE ANALYTICS MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2018-2025 ($ MILLION)
12. NORTH AMERICAN HEALTHCARE ANALYTICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
13. NORTH AMERICAN HEALTHCARE ANALYTICS MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODEL, 2018-2025 ($ MILLION)
14. NORTH AMERICAN HEALTHCARE ANALYTICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
15. NORTH AMERICAN HEALTHCARE ANALYTICS MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
16. EUROPEAN HEALTHCARE ANALYTICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
17. EUROPEAN HEALTHCARE ANALYTICS MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODEL, 2018-2025 ($ MILLION)
18. EUROPEAN HEALTHCARE ANALYTICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
19. EUROPEAN HEALTHCARE ANALYTICS MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
20. ASIA-PACIFIC HEALTHCARE ANALYTICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
21. ASIA-PACIFIC HEALTHCARE ANALYTICS MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODEL, 2018-2025 ($ MILLION)
22. ASIA-PACIFIC HEALTHCARE ANALYTICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
23. ASIA-PACIFIC HEALTHCARE ANALYTICS MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
24. REST OF THE WORLD HEALTHCARE ANALYTICS MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODEL, 2018-2025($ MILLION)
25. REST OF THE WORLD HEALTHCARE ANALYTICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025($ MILLION)
26. REST OF THE WORLD HEALTHCARE ANALYTICS MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025($ MILLION)
1. GLOBAL HEALTHCARE ANALYTICS MARKET SHARE BY DEPLOYMENT MODEL, 2018 VS 2025 (%)
2. GLOBAL HEALTHCARE ANALYTICS MARKET SHARE BY APPLICATION, 2018 VS 2025 (%)
3. GLOBAL HEALTHCARE ANALYTICS MARKET SHARE BY END-USER, 2018 VS 2025 (%)
4. GLOBAL HEALTHCARE ANALYTICS MARKET SHARE BY GEOGRAPHY, 2018 VS 2025 (%)
5. US HEALTHCARE ANALYTICS MARKET SIZE, 2018-2025 ($ MILLION)
6. CANADA HEALTHCARE ANALYTICS MARKET SIZE, 2018-2025 ($ MILLION)
7. UK HEALTHCARE ANALYTICS MARKET SIZE, 2018-2025 ($ MILLION)
8. FRANCE HEALTHCARE ANALYTICS MARKET SIZE, 2018-2025 ($ MILLION)
9. GERMANY HEALTHCARE ANALYTICS MARKET SIZE, 2018-2025 ($ MILLION)
10. ITALY HEALTHCARE ANALYTICS MARKET SIZE, 2018-2025 ($ MILLION)
11. SPAIN HEALTHCARE ANALYTICS MARKET SIZE, 2018-2025 ($ MILLION)
12. ROE HEALTHCARE ANALYTICS MARKET SIZE, 2018-2025 ($ MILLION)
13. INDIA HEALTHCARE ANALYTICS MARKET SIZE, 2018-2025 ($ MILLION)
14. CHINA HEALTHCARE ANALYTICS MARKET SIZE, 2018-2025 ($ MILLION)
15. JAPAN HEALTHCARE ANALYTICS MARKET SIZE, 2018-2025 ($ MILLION)
16. REST OF ASIA-PACIFIC HEALTHCARE ANALYTICS MARKET SIZE, 2018-2025 ($ MILLION)
17. REST OF THE WORLD HEALTHCARE ANALYTICS MARKET SIZE, 2018-2025 ($ MILLION)