Dec 17, 2019 (The Expresswire) -- Healthcare Analytics Market Size was valued around USD 80 billion in 2018 and is expected to witness lucrative growth from 2019 to 2025.
Increasing need to reduce healthcare expenditure coupled with mounting application of healthcare analytics to provide real time solutions will guide the way to higher efficiency levels. Emergence of big data due to the evolution from paper charts to real time monitoring systems and use of electronic health records for gathering patient health data will augment healthcare analytics growth. However, less number of skilled professionals and problems regarding data integrity and security should hamper the growth of healthcare analytics market over forecast timeframe.
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The global Healthcare Analytics market 2019 research is a professional and in-depth study on the current state of the industry and provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Healthcare Analytics market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins.
This report presents the worldwide Healthcare Analytics market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application. This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.
Companies profiled and studied for this Healthcare Analytics market report include International Business Machines , Corporation (IBM), OptumHealth Inc., McKesson Corporation, Allscripts Healthcare Solutions Inc., Cerner Corporation, Athenahealth Inc, Inovalon Holdings Inc., Computer Programs and Systems Inc., Change Healthcare, Tenet Healthcare Corporation, GE Healthcare Ltd., Evolent Health, Influence Health Inc, Health Catalyst and others.
The report focuses on global major leading industry players of Healthcare Analytics market providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out. The Healthcare Analytics market development trends and marketing channels are analyzed. Finally the feasibility of new investment projects are assessed and overall research conclusions offered.
With tables and figures helping analyze worldwide Healthcare Analytics market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
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On the basis of product type the market is segregated into Descriptive Analytics, Predictive Analytics, Prescriptive Analytics. The ability of descriptive analytics to evaluate previous data and obtain actionable future insight should favor growth of the segment. It is the most fundamental and widely used form of analytics which acts as a pioneer for predictive and prescriptive analytics which thereby augments the growth of descriptive analytics in healthcare analytics market.
Healthcare analytics market by application segment is further divided into Operations Management, Financial Management, Population Health Management, Clinical Management.
Healthcare financial management market is forecasted to occupy largest share of the market. Increasing application of analytics to curb escalating healthcare costs and cater to patient care needs will augment the segmental growth over the forecast period. Extensive use of analytics to distinguish and avert healthcare fraud will further boost its demand across all healthcare organizations.
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Press Release Distributed by The Express Wire
To view the original version on The Express Wire visit Growing Demand for Global Healthcare Analytics Market to Significantly Increase CAGR Through 2026 Include International Business Machines , Corporation (IBM), OptumHealth Inc., McKesson Corporation