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April 2, 2020, 11:42 a.m. EDT

Healthcare Data Analytics Market Witness Massive Growth | Oracle, Health Catalyst, McKesson, Inovalon

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Apr 02, 2020 (AB Digital via COMTEX) -- The Healthcare Data Analytics Market research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically-supported and industry-validated market data and projections with a suitable set of assumptions and methodology. It provides analysis and information by categories such as market segments, regions, and product type and distribution channels.

Major Key Players in This Report Include,

International Business Machines Corporation (United States), Oracle Corporation (United States), Health Catalyst (United States), Optum, Inc. (United States), SAS Institute, Inc. (United States), Allscripts Health Solutions (United States), McKesson Corporation (United States), MedeAnalytics, Inc. (United States), Cerner Corporation (United States), Inovalon (United States)


Free Sample Report + All Related Graphs & Charts @ https://www.advancemarketanalytics.com/sample-report/37975-global-healthcare-data-analytics-market

Healthcare data analytics is collect the data from a wide variety of sources such as sensors, images, traditional electronic records and text in the form of biomedical literature/clinical notes and represents in a systematic way. The healthcare industry is transforming and driven by increasing costs of facilities and an aging population worldwide. The global population is estimated to be 8.1 billion in 2025 and out of that 2.1 billion people aged above 50. According to the world health organization in 2025, nearly 70% of illnesses will be choric conditions. Health care spending is expected to reach 18.3 trillion USD by 2030 globally. These factors are forcing to grow the healthcare data analytics market in the forecast period.

Market Drivers

  • Rising In Demand among Healthcare Organizations and Hospitals

  • Increasing Healthcare Spending and Growing Healthcare Industry Worldwide

Market Trend

  • Increasing Digitalization of Healthcare Data in Hospitals

Restraints

  • High Cost of Healthcare Analytics Solutions


Microeconomic and macroeconomic factors which affect the Healthcare Data Analytics Market and its growth, both positive and negative, are also studied. The report features the impact of these factors on the ongoing market throughout the mentioned forecast period. The upcoming changing trends, factors driving as well as restricting the growth of the market are mentioned.

The Global Healthcare Data Analytics Market is gaining pace and businesses have started understanding the benefits of analytics in the present day highly dynamic business environment. The market has witnessed several important developments over the past few years, with mounting volumes of business data and the shift from traditional data analysis platforms to self-service business analytics being some of the most prominent ones.

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