Healthcare Analytics Market 2019: Research Report By IBM, Oracle, SAS, 3M, Cerner Corporation, Allscripts, Optum, Truven Health Analytics, McKesson, MedAssets, Mede Analytics, Cognizant And Others

Global Healthcare Analytics Market
Global Healthcare Analytics Market is projected to register a healthy CAGR of 15.4% in the forecast period of 2019 to 2026.

Global Healthcare Analytics Market Report has forecasted Annual Growth Rate of Compound (CAGR) as a percentage of market value for a given period that will help users make decisions based on a futuristic chart. The market emphasizes global key manufacturers in defining, describing and analyzing the landscape of market competition, SWOT analysis. The Healthcare Analytics market will set monumental growth in 2018-2025. The Healthcare Analytics market’s seven-year period can assess how the market is expected to evolve. Based on growth rate, macroeconomic parameters, consumer buying patterns, and market demand and supply scenarios, Healthcare Analytics market report provides market potential for each geographic region. This report studies market sales (consumption), focuses on top players with volume and value for each region in sales, price, revenue and market share. Analysis and consumer needs by major regions, types, applications on the Global Healthcare Analytics market, taking into account the industry’s past, present and future state.

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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.

Product Launch:

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 Content:

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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Market Analysis:

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. 

Drivers and Restraints:

Healthcare cost reduction

Patient outcomes improvement

Revenue growth

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

Primary Respondents

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 (sopan.gedam@databridgemarketresearch.com), we will ensure that you get a report that suits your needs.

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