The analytics assist the healthcare organizations in reducing the hospitals stays of patients, meeting regulatory compliance, enhanced quality care

PUNE, INDIA, February 3, 2017 /EINPresswire.com/ -- The analytics assist the healthcare organizations in reducing the hospitals stays of patients, meeting regulatory compliance, enhanced quality care, prevention of chronic diseases, and fraud detection. Global healthcare analytics market is segmented into products, applications, components, delivery modes, and end users. Products market is further categorized into alienated into descriptive, predictive and prescriptive analytics. Component is alienated into hardware, software and services. Mode of delivery is classified into on-promise, web-hosted and cloud-based models. Depending on the end users, the healthcare analytics market is alienated into healthcare and others.

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This report studies the global healthcare analytics market over the forecast period 2014 to 2019. The market is expected to grow at a CAGR of more than 25% during the forecast period. Factors such as increasing healthcare IT adoption, centralized healthcare mandates across the globe, emerging fields of predictive, prescriptive analytics and venture capital investments are driving the market growth. In addition, the digitization of world commerce, the emergence of big data, and increase in the number of advanced technologies are providing the growth opportunities. On the other hand, some factors hampering the growth of the healthcare analytics market include lack of skilled labor with analytical skills, data securing, and patient data privacy.North America accounts for the largest share of the healthcare analytics market driven by the U.S. centralized healthcare mandates such as Meaningful Use, ICD-10 implementation, and The Patient Protection and Affordable Care Act (PPACA).

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These initiatives assist to improve the acceptance of Electronic Health Records (EHRs) and Healthcare Information Exchange (HIE), thus improving the usage of analytics to influence the generated data. The European market is expected to be the second largest market, growing at a lower rate mainly due to the economic crisis. The Asian market is fairly new to medical analytics; however, the increasing IT skills, outsourcing trend and healthcare IT adoption will force this market to grow.

The healthcare analytics market is a fragmented market with key players such as IBM Corporation (U.S.), Truven Health Analytics, Inc. (U.S.), Oracle Corporation (U.S.), Optum, Inc. (U.S.), McKesson Corporation (U.S.), SAS Institute, Inc. (U.S.), LexisNexis Risk Solutions (U.S.), Inovalon, Inc. (U.S.), Verisk Health, Inc. (U.S.), Predixion Software (U.S.), iHealth Analytics, Inc. (U.S.), Predilytics (U.S.), MedeAnalytics, Inc. (U.S.), and Cerner Corporation (U.S.) along with others.

The report provides an in depth market analysis of the above mentioned segments across the following regions:

- North America

- Europe

- Asia-Pacific

- Rest of the World (RoW)
Table Of Content

1 Executive Summary

2 Introduction

2.1 Report Description

2.2 Stake Holders

2.3 Research Methodology

2.3.1 Market Size

2.3.2 Market Estimation Approach & Data Validation

2.3.3 Secondary Research Sources

2.3.4 Primary Research Sources

2.3.5 Assumptions

3 Market Analysis

3.1 Introduction

3.2 Market Segmentation

3.3 Factors Influencing Market

3.3.1 Drivers

3.3.2 Restraints

3.3.3 Opportunities

3.3.4 Challenges

3.3.5 Burning Issues

3.3.6 Winning strategy

3.4 Porter's five force analysis

3.5 Regulatory affairs

3.6 Market share analysis

4 Healthcare Analytics Market, by Application

4.1 Introduction

4.2 Clinical Analytics

4.3 Financial Analytics

4.4 Operational & Administrative Analytics

4.5 Research Analytics

4.6 Others

5 Healthcare Analytics Market, by Component

5.1 Introduction

5.2 Hardware

5.3 Software

5.4 Services

5.5 Others

6 Healthcare Analytics Market, by Delivery Mode

6.1 Introduction

6.2 Cloud-Based Model

6.3 On-Premise Model

6.4 Web-Hosted Model

6.5 Others

7 Healthcare Analytics Market, by End User

7.1 Introduction

7.2 Healthcare

7.3 Others

8 Healthcare Analytics Market, by Type

8.1 Introduction

8.2 Descriptive & Diagnostic Analytics

8.3 Predictive Analytics

8.4 Prescriptive Analytics

8.5 Others

9 Regional Market Analysis

9.1 Introduction

9.2 North America

9.3 Europe

9.4 Asia

9.5 Rest of the World (ROW)

10 Company Developments

10.1 Introduction

10.2 New Product Launch

10.3 Agreements, Partnerships, Collaborations & Contracts

10.4 Expansion

10.5 Mergers & Acquisitions

11 Major Company Profiles

11.1 Cerner Corporation

11.2 IBM Corporation

11.3 Information Builders, Inc.

11.4 Lexisnexis Risk Solutions

11.5 Mckesson Corporation

11.6 Oracle Corporation

11.7 Rapid Insight, Inc.

11.8 Truven Healthanalytics, Inc.

11.9 Vantage Point Healthcare Information Systems, Inc.

11.10 Verisk Analytics, Inc.

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Norah Trent
wiseguyreports
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