Absolute
Markets Insights has
recently added an extensive report to its repository titled Healthcare
Analytics Market. It also highlights the various dynamic aspects of
companies such as customer requirements, demand for products or services,
stocks and raw materials. In addition, the data were examined using effective
analytical methods such as SWOT analysis and Porter's five analysis. In turn,
it also provides an overview of strengths, weaknesses, threats and
opportunities.
The
primary market players include Verisk Health, Intel Corporation, Microsoft, SAS
Inc., Oracle Corporation, Truven Health Analytics, McKesson Corporation,
TABLEAU SOFTWARE, Optum, Inc., Oracle, MedAssets, Inc., Mede Analytics, Inc.,
IBM, Health Catalyst, and Cognizant.
In terms
of revenue, the global healthcare analytics market was valued at US$ 11.87 Mn
in 2020 and is expected to reach US$ 29.99 Mn by 2030, growing at a CAGR of
27.84%over the forecast period
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The
growing use of different analytical instruments to close performance gaps in
healthcare delivery systems is driving market growth. The industry is growing
the broad potential of health care analytics tools and approaches to help
stakeholders better identify public health priorities and make sound,
data-driven healthcare decisions. The insights gained from health care
analytics are useful in strengthening the relationship between patients and
care providers, including those offering insurance. This stands as a lucrative
initiative to incorporate methods and approaches in the area of health care
analytics. Thus, the overall healthcare analytics market is projected to
showcase a significant CAGR of 27.84% over the forecast period.
Type
Outlook:
On the
basis of type, the healthcare analytics market is segmented into predictive
analytics, prescriptive analytics, and descriptive analytics. Predictive
analytics helps healthcare providers to examine clinical data and predict the
future with the help of machine learning, data mining, and predictive
modelling.
Delivery
Model Outlook:
The
delivery model segment, in the healthcare analytics market, is segmented into
on-premise and on-demand models. The healthcare analytics providers are
focusing on improving patient outcomes and their experience through advanced
analytics by offering on-premise and on-demand services.
Application Outlook:
On the
basis of application, the healthcare analytics market is segmented into
clinical analytics, financial analytics, operational and administrative
analytics, and population health analytics. Clinical analytics solutions help
health systems and hospitals to reduce healthcare costs and improve patient
outcomes
Global
Healthcare Analytics Market:
By Type
- Predictive
- Prescriptive
- Cognitive
By
Delivery Model
- On-Premise Models
- On-Demand Models
By
Application
- Clinical Analytics
- Financial Analytics
- Operational and
Administrative Analytics
- Population Health Analytics
By Component
- Service
- Hardware
- Software
By Region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
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Us:
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