Product Code: A07488
Healthcare analytics is the process of analyzing healthcare data for predicting various different trends, diseases and even managing the spread of diseases. The field covers a broad range of businesses and offers insights on both the macro and micro level. It can reveal paths to improve patient care quality, clinical data, diagnosis, and business management. In addition to this, various healthcare organizations are using analytics solutions for predicting patients with high risk and providing emergency treatment for the patient, which is driving the growth of the market. Furthermore, healthcare analytics solutions also provide real-time updates that help doctors to deliver better descriptive decisions.
Rise in adoption of big data in healthcare organizations and surge in government initiatives to increase the adoption of electronic health records (EHRs) among healthcare organizations boost the growth of the market. In addition, pressure among the healthcare organizations to curb the unnecessary expenses positively impacts the growth of the market. However, factors such as high implementation cost and lack of skilled labors is expected to hamper the market growth. On the contrary, use of cloud-based analytics across various healthcare providers and rise in adoption of augmented analytics among the healthcare industry is expected to offer remunerative opportunities for the expansion of the market during the forecast period.
The global healthcare analytics market is segmented on the basis of application, component, deployment model, end user, type and region. Depending on application, it is fragmented into financial analysis, operational & administrative analysis and clinical analysis. By component, the market is categorized into hardware software and services. By deployment model, it is bifurcated as on-premise and on-demand. As per end user, the market is categorized into, healthcare payers, healthcare providers and others. On the basis of type, it is classified into descriptive analytics, predictive analytics, and prescriptive analytics. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in the healthcare analytics market analysis are Allscript Healthcare Solution, Cerner Corporation, Health Catalyst, HMS(Vitreoshealth), IBM Corporation, McKesson Corporation, MedeAnalytics, Inc., Oracle Corporation, Optum, Inc., and SAS, Institute. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.
KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of the global healthcare analytics market forecast along with the current trends and future estimations to explain the imminent investment pockets.
- Information about key drivers, restraints, & opportunities and their impact analysis on the global market is provided in the report.
- Porter's five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.
- The quantitative analysis of the market from 2021 to 2030 is provided to determine the market potential.
Key Market Segments
By Application
- Financial Analysis
- Operational & Administrative Analysis
- Clinical Analysis
By Component
- Hardware
- Software
- Service
By Deployment
By End User
- Healthcare Payers
- Healthcare Providers
- Other
By Type
- Descriptive Analytics
- Predictive Analytics
- Prescriptive Analytics
By Region
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Netherlands
- Rest of Europe
- Asia-Pacific
- China
- Japan
- South Korea
- Australia
- India
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
KEY MARKET PLAYERS
- Allscript Healthcare Solution
- Cerner Corporation
- Health Catalyst
- HMS(Vitreoshealth)
- IBM Corporation
- McKesson Corporation
- MedeAnalytics, Inc.
- Oracle Corporation
- Optum, Inc.
- SAS, Institute
TABLE OF CONTENTS
CHAPTER 1:INTRODUCTION
- 1.1.Report description
- 1.2.Key benefits for stakeholders
- 1.3.Key market segments
- 1.4.Research methodology
- 1.4.1.Secondary research
- 1.4.2.Primary research
- 1.4.3.Analyst tools & models
CHAPTER 2:EXECUTIVE SUMMARY
- 2.1.Key findings
- 2.1.1.Top impacting factors
- 2.1.2.Top investment pockets
- 2.2.CXO perspective
CHAPTER 3:MARKET OVERVIEW
- 3.1.Market definition and scope
- 3.2.Key forces shaping the global Healthcare analytics market
- 3.3.Market dynamics
- 3.3.1.Drivers
- 3.3.1.1.Rise in adoption of big data in healthcare organizations
- 3.3.1.2.Growing government initiatives to increase the adoption of electronic health records (EHRs) among healthcare organizations
- 3.3.1.3.Pressure among the healthcare organizations to curb the unnecessary expensive
- 3.3.2.Restraints
- 3.3.2.1.High Implementation cost
- 3.3.2.2.Lack of skilled labors
- 3.3.3.Opportunities
- 3.3.3.1.Use of cloud-based analytics across various healthcare providers
- 3.4.COVID-19 impact analysis on healthcare analytics market
- 3.4.1.Impact on market size
- 3.4.2.Consumer trends, preferences, and budget impact
- 3.4.3.Economic impact
- 3.4.4.Strategies to tackle negative impact
- 3.4.5.Opportunity window
CHAPTER 4:HEALTHCARE ANALYTICS MARKET, BY APPLICATION
- 4.1.Overview
- 4.2.Financial Analysis
- 4.2.1.Key market trends, growth factors, and opportunities
- 4.2.2.Market size and forecast, by region
- 4.2.3.Market analysis, by country
- 4.3.Operational & Administrative Analysis
- 4.3.1.Key market trends, growth factors, and opportunities
- 4.3.2.Market size and forecast, by region
- 4.3.3.Market analysis, by country
- 4.4.Clinical Analysis
- 4.4.1.Key market trends, growth factors, and opportunities
- 4.4.2.Market size and forecast, by region
- 4.4.3.Market analysis, by country
CHAPTER 5:HEALTHCARE ANALYTICS MARKET, BY COMPONENT
- 5.1.Overview
- 5.2.Hardware
- 5.2.1.Key market trends, growth factors, and opportunities
- 5.2.2.Market size and forecast, by region
- 5.2.3.Market analysis, by country
- 5.3.Software
- 5.3.1.Key market trends, growth factors, and opportunities
- 5.3.2.Market size and forecast, by region
- 5.3.3.Market analysis, by country
- 5.4.Service
- 5.4.1.Key market trends, growth factors, and opportunities
- 5.4.2.Market size and forecast, by region
- 5.4.3.Market analysis, by country
CHAPTER 6:HEALTHCARE ANALYTICS MARKET, BY DEPLOYMENT MODEL
- 6.1.Overview
- 6.2.On-premise
- 6.2.1.Key market trends, growth factors, and opportunities
- 6.2.2.Market size and forecast, by region
- 6.2.3.Market analysis, by country
- 6.3.On-Demand
- 6.3.1.Key market trends, growth factors, and opportunities
- 6.3.2.Market size and forecast, by region
- 6.3.3.Market analysis, by country
CHAPTER 7:HEALTHCARE ANALYTICS MARKET, BY END USER
- 7.1.Overview
- 7.2.Healthcare Payers
- 7.2.1.Key market trends, growth factors, and opportunities
- 7.2.2.Market size and forecast, by region
- 7.2.3.Market analysis, by country
- 7.3.Healthcare Providers
- 7.3.1.Key market trends, growth factors, and opportunities
- 7.3.2.Market size and forecast, by region
- 7.3.3.Market analysis, by country
- 7.4.Others
- 7.4.1.Key market trends, growth factors, and opportunities
- 7.4.2.Market size and forecast, by region
- 7.4.3.Market analysis, by country
CHAPTER 8:HEALTHCARE ANALYTICS MARKET, BY TYPE
- 8.1.Overview
- 8.2.Descriptive Analytics
- 8.2.1.Key market trends, growth factors, and opportunities
- 8.2.2.Market size and forecast, by region
- 8.2.3.Market analysis, by country
- 8.3.Predictive Analytics
- 8.3.1.Key market trends, growth factors, and opportunities
- 8.3.2.Market size and forecast, by region
- 8.3.3.Market analysis, by country
- 8.4.Prescriptive Analytics
- 8.4.1.Key market trends, growth factors, and opportunities
- 8.4.2.Market size and forecast, by region
- 8.4.3.Market analysis, by country
CHAPTER 9:HEALTHCARE ANALYTICS MARKET, BY REGION
- 9.1.Overview
- 9.1.1.Market size and forecast, by region
- 9.2.North America
- 9.2.1.Key market trends, growth factors, and opportunities
- 9.2.2.Market size and forecast, by application
- 9.2.3.Market size and forecast, by component
- 9.2.4.Market size and forecast, by deployment model
- 9.2.5.Market size and forecast, by traditional end user
- 9.2.6.Market size and forecast, by type
- 9.2.7.Market size and forecast, by country
- 9.2.7.1.U.S.
- 9.2.7.1.1.Market size and forecast, by application
- 9.2.7.1.2.Market size and forecast, by component
- 9.2.7.1.3.Market size and forecast, by deployment model
- 9.2.7.1.4.Market size and forecast, by traditional end user
- 9.2.7.1.5.Market size and forecast, by type
- 9.2.7.2.CANADA
- 9.2.7.2.1.Market size and forecast, by application
- 9.2.7.2.2.Market size and forecast, by component
- 9.2.7.2.3.Market size and forecast, by deployment model
- 9.2.7.2.4.Market size and forecast, by traditional end user
- 9.2.7.2.5.Market size and forecast, by type
- 9.3.Europe
- 9.3.1.Key market trends, growth factors, and opportunities
- 9.3.2.Market size and forecast, by application
- 9.3.3.Market size and forecast, by component
- 9.3.4.Market size and forecast, by deployment model
- 9.3.5.Market size and forecast, by traditional end user
- 9.3.6.Market size and forecast, by type
- 9.3.7.Market size and forecast, by country
- 9.3.7.1.UK
- 9.3.7.1.1.Market size and forecast, by application
- 9.3.7.1.2.Market size and forecast, by component
- 9.3.7.1.3.Market size and forecast, by deployment model
- 9.3.7.1.4.Market size and forecast, by traditional end user
- 9.3.7.1.5.Market size and forecast, by type
- 9.3.7.2.GERMANY
- 9.3.7.2.1.Market size and forecast, by application
- 9.3.7.2.2.Market size and forecast, by component
- 9.3.7.2.3.Market size and forecast, by deployment model
- 9.3.7.2.4.Market size and forecast, by traditional end user
- 9.3.7.2.5.Market size and forecast, by type
- 9.3.7.3.FRANCE
- 9.3.7.3.1.Market size and forecast, by application
- 9.3.7.3.2.Market size and forecast, by component
- 9.3.7.3.3.Market size and forecast, by deployment model
- 9.3.7.3.4.Market size and forecast, by traditional end user
- 9.3.7.3.5.Market size and forecast, by type
- 9.3.7.4.ITALY
- 9.3.7.4.1.Market size and forecast, by application
- 9.3.7.4.2.Market size and forecast, by component
- 9.3.7.4.3.Market size and forecast, by deployment model
- 9.3.7.4.4.Market size and forecast, by traditional end user
- 9.3.7.4.5.Market size and forecast, by type
- 9.3.7.5.SPAIN
- 9.3.7.5.1.Market size and forecast, by application
- 9.3.7.5.2.Market size and forecast, by component
- 9.3.7.5.3.Market size and forecast, by deployment model
- 9.3.7.5.4.Market size and forecast, by traditional end user
- 9.3.7.5.5.Market size and forecast, by type
- 9.3.7.6.NETHERLANDS
- 9.3.7.6.1.Market size and forecast, by application
- 9.3.7.6.2.Market size and forecast, by component
- 9.3.7.6.3.Market size and forecast, by deployment model
- 9.3.7.6.4.Market size and forecast, by traditional end user
- 9.3.7.6.5.Market size and forecast, by type
- 9.3.7.7.REST OF EUROPE
- 9.3.7.7.1.Market size and forecast, by application
- 9.3.7.7.2.Market size and forecast, by component
- 9.3.7.7.3.Market size and forecast, by deployment model
- 9.3.7.7.4.Market size and forecast, by traditional end user
- 9.3.7.7.5.Market size and forecast, by type
- 9.4.Asia-Pacific
- 9.4.1.Key market trends, growth factors, and opportunities
- 9.4.2.Market size and forecast, by application
- 9.4.3.Market size and forecast, by component
- 9.4.4.Market size and forecast, by deployment model
- 9.4.5.Market size and forecast, by traditional end user
- 9.4.6.Market size and forecast, by type
- 9.4.7.Market size and forecast, by country
- 9.4.7.1.CHINA
- 9.4.7.1.1.Market size and forecast, by application
- 9.4.7.1.2.Market size and forecast, by component
- 9.4.7.1.3.Market size and forecast, by deployment model
- 9.4.7.1.4.Market size and forecast, by traditional end user
- 9.4.7.1.5.Market size and forecast, by type
- 9.4.7.2.JAPAN
- 9.4.7.2.1.Market size and forecast, by application
- 9.4.7.2.2.Market size and forecast, by component
- 9.4.7.2.3.Market size and forecast, by deployment model
- 9.4.7.2.4.Market size and forecast, by traditional end user
- 9.4.7.2.5.Market size and forecast, by type
- 9.4.7.3.SOUTH KOREA
- 9.4.7.3.1.Market size and forecast, by application
- 9.4.7.3.2.Market size and forecast, by component
- 9.4.7.3.3.Market size and forecast, by deployment model
- 9.4.7.3.4.Market size and forecast, by traditional end user
- 9.4.7.3.5.Market size and forecast, by type
- 9.4.7.4.AUSTRALIA
- 9.4.7.4.1.Market size and forecast, by application
- 9.4.7.4.2.Market size and forecast, by component
- 9.4.7.4.3.Market size and forecast, by deployment model
- 9.4.7.4.4.Market size and forecast, by traditional end user
- 9.4.7.4.5.Market size and forecast, by type
- 9.4.7.5.INDIA
- 9.4.7.5.1.Market size and forecast, by application
- 9.4.7.5.2.Market size and forecast, by component
- 9.4.7.5.3.Market size and forecast, by deployment model
- 9.4.7.5.4.Market size and forecast, by traditional end user
- 9.4.7.5.5.Market size and forecast, by type
- 9.4.7.6.REST OF ASIA-PACIFIC
- 9.4.7.6.1.Market size and forecast, by application
- 9.4.7.6.2.Market size and forecast, by component
- 9.4.7.6.3.Market size and forecast, by deployment model
- 9.4.7.6.4.Market size and forecast, by traditional end user
- 9.4.7.6.5.Market size and forecast, by type
- 9.5.LAMEA
- 9.5.1.Key market trends, growth factors, and opportunities
- 9.5.2.Market size and forecast, by application
- 9.5.3.Market size and forecast, by component
- 9.5.4.Market size and forecast, by deployment model
- 9.5.5.Market size and forecast, by traditional end user
- 9.5.6.Market size and forecast, by type
- 9.5.7.Market size and forecast, by country
- 9.5.7.1.LATIN AMERICA
- 9.5.7.1.1.Market size and forecast, by application
- 9.5.7.1.2.Market size and forecast, by component
- 9.5.7.1.3.Market size and forecast, by deployment model
- 9.5.7.1.4.Market size and forecast, by traditional end user
- 9.5.7.1.5.Market size and forecast, by type
- 9.5.7.2.MIDDLE EAST
- 9.5.7.2.1.Market size and forecast, by application
- 9.5.7.2.2.Market size and forecast, by component
- 9.5.7.2.3.Market size and forecast, by deployment model
- 9.5.7.2.4.Market size and forecast, by traditional end user
- 9.5.7.2.5.Market size and forecast, by type
- 9.5.7.3.AFRICA
- 9.5.7.3.1.Market size and forecast, by application
- 9.5.7.3.2.Market size and forecast, by component
- 9.5.7.3.3.Market size and forecast, by deployment model
- 9.5.7.3.4.Market size and forecast, by traditional end user
- 9.5.7.3.5.Market size and forecast, by type
CHAPTER 10:COMPETITIVE LANDSCAPE
- 10.1.Key players positioning analysis, 2020
- 10.2.Competitive dashboard
- 10.3.Top winning strategies
CHAPTER 11:COMPANY PROFILE
- 11.1.ALLSCRIPTS HEALTHCARE, LLC
- 11.1.1.Company overview
- 11.1.2.Key executives
- 11.1.3.Company snapshot
- 11.1.4.Operating business segments
- 11.1.5.Product portfolio
- 11.1.6.R&D expenditure
- 11.1.7.Business performance
- 11.1.8.Key strategic moves and developments
- 11.2.Cerner Corporation
- 11.2.1.Company overview
- 11.2.2.Key Executives
- 11.2.3.Company snapshot
- 11.2.4.Product portfolio
- 11.2.5.Business performance
- 11.2.6.Key strategic moves and developments
- 11.3.HEALTH CATALYST
- 11.3.1.Company overview
- 11.3.2.Key executives
- 11.3.3.Company snapshot
- 11.3.4.Operating business segments
- 11.3.5.Product portfolio
- 11.3.6.R&D expenditure
- 11.3.7.Business performance
- 11.3.8.Key strategic moves and developments
- 11.4.HMS(VITREOSHEALTH)
- 11.4.1.Company overview
- 11.4.2.Key executive
- 11.4.3.Company snapshot
- 11.4.4.Product portfolio
- 11.4.5.Business performance
- 11.5.INTERNATIONAL BUSINESS MACHINES CORPORATION
- 11.5.1.Company overview
- 11.5.2.Key executive
- 11.5.3.Company snapshot
- 11.5.4.Operating business segments
- 11.5.5.Product portfolio
- 11.5.6.R&D expenditure
- 11.5.7.Business performance
- 11.5.8.Key strategic moves and developments
- 11.6.MCKESSON CORPORATION
- 11.6.1.Company overview
- 11.6.2.Key executives
- 11.6.3.Company snapshot
- 11.6.4.Operating business segments
- 11.6.5.Product portfolio
- 11.6.6.R&D expenditure
- 11.6.7.Business performance
- 11.6.8.Key strategic moves and developments
- 11.7.MEDEANALYTICS, INC.
- 11.7.1.Company overview
- 11.7.2.Key executives
- 11.7.3.Company snapshot
- 11.7.4.Product portfolio
- 11.7.5.Key strategic moves and developments
- 11.8.OPTUM, INC.
- 11.8.1.Company overview
- 11.8.2.Key executives
- 11.8.3.Company snapshot
- 11.8.4.Product portfolio
- 11.9.ORACLE CORPORATION
- 11.9.1.Company overview
- 11.9.2.Key Executives
- 11.9.3.Company snapshot
- 11.9.4.Operating business segments
- 11.9.5.Product portfolio
- 11.9.6.R&D Expenditure
- 11.9.7.Business performance
- 11.9.8.Key strategic moves and developments
- 11.10.SAS INSTITUTE INC.
- 11.10.1.Company overview
- 11.10.2.Key executive
- 11.10.3.Company snapshot
- 11.10.4.Product portfolio
- 11.10.5.Key strategic moves and developments