In Global Healthcare Analytics Market report, market analysis estimates the expected rise, growth or fall of the product in the specific forecast period. Moreover, competitive analysis gives an obvious idea about the strategies used by the major competitors in the market which perks up their penetration in the market. This Healthcare Analytics market report has a chapter on the Healthcare Analytics Industry and all its associated companies with their profiles, which gives valuable data related to their outlook in terms of finances, product portfolios, investment plans, and marketing and business strategies. This report is an essential document for every market enthusiast, policymaker, investor, and player.
Besides, Healthcare Analytics research report also conducts analysis on consumption of market, key players involved, sales, price, revenue and market share with volume and value for each region. Some of the key competitor strategies can be mentioned here as new product launches, expansions, agreements, partnerships, joint ventures, and acquisitions. To accomplish maximum return on investment (ROI), it’s very essential to be acquainted with market parameters such as brand awareness, market landscape, possible future issues, industry trends and customer behavior where this Healthcare Analytics report comes into play. Not to mention these topics have been watchfully analyzed with the best tools and techniques.
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Global Healthcare Analytics Market is projected to register a healthy CAGR of 15.4% in the forecast period of 2019 to 2026.
Healthcare analytics is also known as clinical data analytics which is the branch of analysis that offers insights into patient records, hospital management, diagnosis and more providing insights on macro and micro levels. Healthcare analytics helps in providing real-time data that can help in deciding the course of future treatment of the patient.
Competitors/Players: Global Healthcare Analytics Market
IBM Corporation, Oracle Corporation, SAS, Cerner Corporation, Allscripts Healthcare Solutions, Inc., Optum Health, Inc.,Verisk Analytics, Inc., Truven Health Analytics,McKesson Corporation, MedAssets, Inc., Mede Analytics, Inc, Cognizant, Health Catalyst, 3M Company, Philips Healthcare, Information Builders Inc.,HealthKart, CitusTech, VitreosHealth, SCIO Health, Inovalon, Wipro, Verscend, TIBCO Software, Inc., Tableau Software, Inc., SAP SE, NextHealth Technologies, UnitedHealthcare Group And among other.
In 2018, Medtronic plc and its strategic technology partner, IBM Watson Health, announced commercial availability of the Sugar.IQ smart diabetes assistant, a first-of-its-kind intelligent app designed to simplify and improve daily diabetes management
In 2018, SAS for Containers was launched. This will help IBM Watson Health to expand their product portfolio and become a strong market player.
In 2018, ExpressCoverage has been launched by McKesson Specialty Health and CoverMyMeds (divisions of McKesson Corporation). This is an integrated eServices platform designed to improve the patient care journey. ExpressCoverage is a new and powerful patient provision platform that will help consumers to connect patients, providers, payers and the life science industry to facilitate patient access and adherence for improved outcomes.
Key Developments in the Market:
In 2018,EXL(U.S.) acquired SCIO Health Analytics(U.S.).This acquisition would strengthen EXL’s capability in the high growth cost optimisation and care optimisation markets.
In 2017, Internet Brands(U.S.) acquired WebMD(U.S.) for exploring and evaluating potential strategic alternatives.
Table Of Contents:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Global Healthcare Analytics Market Landscape
Part 04: Global Healthcare Analytics Market Sizing
Part 05: Global Healthcare Analytics Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers And Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Drivers and Restraints:
Healthcare cost reduction
Patient outcomes improvement
Rising patient data in healthcare systems
Improving healthcare decisions
Improving the relation between caregivers and care providers, including insurance providers.
Rising popularity of big data analytics in transforming healthcare in developing and developed economies
Competitive Analysis: Global Healthcare Analytics Market
The global healthcare analytics market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of global continuous glucose monitoring market for global, Europe, North America, Asia Pacific and South America.
For Instance, in 2017, Teladoc(U.S.) acquired Best Doctors(U.S.).This acquisition was beneficial for teladoc out of the field of its current repertoire of offering primary care, common dermatology conditions and behavioral health (which it mainly does through episodic care) and into a wider spectrum of medical conditions, including those that are critical and often expensive.
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Analytics can be used in multiple ways in today’s healthcare setting, like:
Operations management, Clinical variability (cost/quality/outcomes) assessment, Patient segmentation, Risk management, Population health, Patient monitoring
Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others
Segmentation: Global Healthcare Analytics Market
The global healthcare analytics control market is segmented based on
- type, component, delivery mode, application, end user and region
Based on type, the market is sub segmented into
- prescriptive, descriptive, predictive
Based on component, the market is segmented into
- software, hardware, services
Based on geography, the market report covers data points for 28 countries across multiple geographies namely
- North America, South America, Europe, Asia-Pacific, Middle East & Africa
Customization of the Report: Global Healthcare Analytics Market report can be customized to meet the client’s requirements. Please connect with us (firstname.lastname@example.org), we will ensure that you get a report that suits your needs.
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