The global healthcare analytics and medical analytics market is expected to exceed US$ 31 billion by 2022, registering a compound annual growth rate (CAGR) of more than 27% during the forecast period. The increasing government initiatives to increase EHR adoption, rise in venture capital investments, growing pressure to curb healthcare spending, the need for improved patient outcomes, availability of big data in healthcare, and technological advancements are driving the market. However, the dearth of skilled personnel, the high cost of analytics solutions, and operational gaps between payers and providers are hampering the growth of the market.
In this report, the global healthcare analytics and medical analytics market are segmented by application, delivery mode, component, end user, and region. On the basis of application, the market is segmented into clinical, financial, predictive modeling, operational and administrative, and research. The market on the basis of delivery mode is segmented into on-premise, web-hosted, and cloud-based. On the basis of component, the market is segmented into hardware, software, and services. The market by end user includes healthcare, payers, providers, and others.
The global healthcare analytics and medical analytics market is segmented on the basis of key regions, namely, North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America accounts for the largest share of the healthcare analytics and medical analytics market. Furthermore, each region is segmented to provide market revenue for select countries such as the U.S., Canada, the U.K., Germany, China, Japan, India, Brazil, and GCC countries. The report includes a detailed study of the global and regional healthcare analytics and medical analytics market and analyzes the variations in the growth of the industry in certain regions.
A glimpse of the report structure is provided in the report description available on the website.
Verisk, Medai, MedeAnalytics, Optum Health, Truven Health, McKesson, Cerner and other larger players such as IBM, and Oracle are the most active players in the healthcare analytics and medical analytics market.
This report covers the healthcare analytics and medical analytics market, in terms of value, and forecasts the market size till 2022. In addition, the report identifies key growth segments and opportunities in the industry. This report also covers detailed competitive outlook including the share and company profiles of the key players in the global healthcare analytics and medical analytics market. Company profile includes company summary, financial summary, business strategy and planning, SWOT analysis, and current developments.
The deep-dive study on the healthcare analytics and medical analytics market will help customers with the identification of new market opportunities and targeted promotional plans.
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