May 11, 2020 (The Expresswire) -- Report segments Healthcare Analytics Market By Product (Descriptive, Predictive, and Prescriptive), By Application (Financial Analytics, Population Health Analytics, Clinical Analytics, and Operations and Administrative Analytics), By End User (Payers, Providers, and Others) and Regional Forecast, 2019-2026.
Healthcare Analytics Market 2020 Global Industry Analysis to 2026 is latest report on "Global Healthcare Analytics Market", published by Fortune Business Insights. According to report Healthcare Analytics Market to rise at healthy CAGR and Reach remarkable value by 2026. Geographically, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
Some of the major companies operating in the global Healthcare Analytics market are Cerner Corporation, IBM Corporation (IBM Watson), Flatiron Health, Linguamatics, Allscripts Healthcare, LLC, Epic Systems Corporation, Health Catalyst, Inovalon, among others.
Global Healthcare Analytics Market Highlights:
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The emergence of big data in healthcare can be a vital factor in boosting the healthcare analytics market revenue during the forecast period. Moreover, the rising venture capital investments by major companies will contribute positively to the healthcare analytics market trends in the forthcoming years. For instance, Cigna Ventures, a venture capital fund company invested $29.5M in Arcadia, a healthcare data and software company. The new development of Arcadia will help enhance patient care and adoption of value-based care models along with access to resources and tools to health care professionals.
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Healthcare Analytics Market Segment Analysis:
Healthcare Analytics Market Size, Share and Industry Analysis, By Product (Descriptive, Predic-tive, and Prescriptive), By Application (Financial Analytics, Population Health Analytics, Clinical Analytics, and Operations and Administrative Analytics), By End User (Payers, Providers, and Others) and Regional Forecast, 2019-2026.
Healthcare Analytics Market Regional Insights:
The market in North America is predicted to grow rapidly during the forecast period owing to the well-established healthcare infrastructure and facilities in countries such as in Canada and the US. The advancement in technologies along with growing venture capital funding will aid the market in the region. Moreover, the adoption of electronic health records and presence of eminent players in the region.
Europe is expected to hold a major share in the global market owing to the rising emphasis on healthcare and favorable reimbursement policies. Asia Pacific is predicted to witness steady growth due to the growing awareness and adoption of healthcare analytics. Moreover, the developing healthcare infrastructure and high spending on healthcare will contribute positively to the market in Asia Pacific.
Healthcare Analytics Market Growth And Restraints Analysis:
Cerner Corporation, an American health information technology solutions and services company launched a trailblazing platform, project Apollo. The new cognitive platform will provide computing resources to its healthcare users. The cloud-based automation platform is built on AWS infrastructure for speedy innovations to eliminate manual steps that cast obstructions for new advancement. The launch of the platform will have a positive impact on the healthcare analytics market share owing to the its next-gen technology for healthcare clients.
Moreover, the deal between the Cerner and Geisinger will bolster healthy growth of the market during the forecast period. for instance, Cerner announced a 10-year agreement with Geisinger to extend its usage of the HealtheIntent pop health platform. Cerner CEO Brent Shafer, said in a statement, "healthcare will change more in the next five years than it has in the past 30, as we have for the past four decades, Cerner's technology and collaborative programs, along with the most respected providers, will lead a wave of disruptive innovation focused on making healthcare better."
Highlights of the Report:
In-depth analysis of various insights, namely, Healthcare Analytics Market trends, growth drivers, opportunities, and other related challenges.
Comprehensive details of key market players, their core competencies, and Healthcare Analytics Market share.
The potency of suppliers and buyers to make better business decisions.
Lists out the market size in terms of volume.
Key questions answered in the report:
What will the market growth rate of Healthcare Analytics market in 2025?
What are the key factors driving the global Healthcare Analytics?
Who are the key manufacturers in Healthcare Analytics?
What are the market opportunities, market risk and market overview of the Healthcare Analytics?
What are sales, revenue, and price analysis of top manufacturers of Healthcare Analytics?
Who are the distributors, traders and dealers of Healthcare Analytics?
What are the Healthcare Analytics market opportunities and threats faced by the vendors in the global Healthcare Analytics industry?
What are sales, revenue, and price analysis by types and applications of Healthcare Analytics?
What are sales, revenue, and price analysis by regions of Healthcare Analytics industry?