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Home » Healthcare » Healthcare IT » HHE-2270316
  • Global Healthcare Analytics Market Insights, Opportunity, Analysis, Market Shares And Forecast 2017 – 2023

  • Publish: February 2017 | Report Code: HHE-2270316

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Healthcare analytics term is used for describing healthcare analysis activities. This technology used data for qualitative and quantitative analysis, transforming volume based medicines to value based medicine and reimbursement. Health care analytics permits the inspection of patterns in various healthcare data to determine how clinical care can be enhanced while preventive excessive spending. Global healthcare analytics market is expected to grow with a CAGR of approximately 27% during 2016-2023. Factors driving global healthcare analytics market includes:

  • New technologies drive the market
  • Public & private sector funding to boost the market
  • Large data in healthcare domain
  • Federal mandate for prioritizing healthcare analytics





Rising demand for cost reduction in healthcare is the key driving factor of the global healthcare analytics market. Moreover, growing government initiatives to increase EHR, rising venture capital investment and technological advancement are also fueling the healthcare analytics market. The various driving forces pushing the global healthcare analytics market include growing need for quality care services, growing pressure to curb the healthcare costs and rising initiatives for the adoption of EHRs, availability of big data in healthcare, growing awareness on the benefits of using analytics in healthcare, and increase in venture capital investment. Global healthcare industry is experiencing fundamental transformation to a value based business from a volume based business. Factors such as lack of skilled personnel, operational gap between payers and providers, a, high cost, and language and cultural barriers are some factors that are restricting the growth of the global healthcare analytics market growth during the forecast period.

Source: OBRC Analysis

Global healthcare analytics market is segmented into component, application and end user. Based on component segment, the market is sub segmented into:

  • Hardware
  • Software
  • Service




Based on application segment, the market is sub segmented into:

  • Clinical analytics
  • Financial analytics
  • Operational and administration
  • Risk management





Based on end user segment, the market is sub segmented into:

  • Health care payer
  • Health care provider



The revenue for the above application and end-user segments are specific to the healthcare analytics market. However, the total revenue of these application and end-user segment in general has been excluded from the scope of the report. Also, the total market revenue has been calculated by summing up component segment.

Geographically, the global healthcare analytics market is segmented into:

  • North America (U.S. & Canada)
  • Asia Pacific (China, India, Japan, RoAPAC)
  • Europe (UK, France, Germany, RoE)
  • Rest of World





North America is expected to gain highest market share followed by Europe and Asia Pacific. North America is expected to dominate the market during forecast period due to factors such as rising healthcare cost, increasing regulatory requirements, growing EHRs adoption etc. Europe health care is a leading market due to the growing need to curb the rising healthcare cost coupled with adoption of advanced healthcare technologies. The Asia Pacific region is expected to witness gainful growth attributable to the untapped opportunities in the countries including India, Japan and China due to technologically advancement and medical tourism etc.

Out of all the segments, global healthcare analytics market by application is expected to be the fastest growing segment. Global healthcare analytics market by application includes clinical analytics, financial analytics and operational analytics. Considering the growth opportunities with in this market, many companies are making strategic moves to enter global healthcare analytics market.

The major market players of the global healthcare analytics market are:

  • Allscripts Health Solution
  • Cerner Corporation
  • Health Catalyst
  • IBM Corporation
  • Inovalon,Inc
  • Mckesson Corporation
  • Mede analytics
  • Optum, Inc.
  • Others










Detailed analysis of these companies provided in this report comprises Overview, SCOT Analysis, Product Portfolio, Strategic Initiative and Strategic Analysis.

Why to buy the report:

This report will:

  • Provide in detail the different segments such as by products and end-users which are affecting the global healthcare analytics market.
  • Provide you the patent analysis of the healthcare analytics market.
  • Identify and understand the strength, opportunities, challenges and threat of the health care analytics market.
  • Provide revenues of major players of the market such as Honeywell, Bosch security systems.
  • Provide you various the regulatory policies which are affecting the global health care analytics market.






How we are different from others:

At Occam’s we provide an extensive portfolio which is comprehensive market analysis along with the market size, market share, and market segmentations. Our report on global health care analytics market offers the longest chain of market segmentation covering major market segmentation based on component, application and end user. For each market segments covered in global healthcare analytics market report, we provide opportunity matrix, and DROC analysis, that enable the clear growth assessment across each market segment. The report discusses competitive landscape of the healthcare analytics industry, with giving extensive strategy analysis of more than 15 companies. Moreover, the report discusses various models such as 360 degree analysis, See Saw analysis, and Porter five force model and so on. For the high level analysis in the report we provide a comparative analysis of historic and current year data.

Key Findings of the global healthcare analytics market:

  • Rising demand for cost reduction in healthcare is the key driving factor of the global healthcare analytics market.
  • North America is expected to dominate the market.
  • Clinical analytics segment is fastest growing segment with the increasing adoption of analytics by healthcare industry.
  • Service segment is expected to grow with highest CAGR in component segment.
  • Payer segment is major segment of end-user segment
1.         INTRODUCTION
1.1.       EXECUTIVE SUMMARY
1.2.       ESTIMATION METHODOLOGY
 
2.         MARKET OVERVIEW
2.1.       MARKET DEFINITION AND SCOPE
2.2.       KEY FINDINGS
2.3.       PARAMETRIC ANALYSIS
2.4. KEY MARKET INSIGHTS
2.4.1.    TOP 3 EMERGING COUNTRIES
2.4.2.    TOP 3 REVENUE GENERATING SEGMENTS
2.4.3.    TOP GROWING MARK
2.4.4.   TOP 3 GEOGRAPHY
2.5.    COMPETITIVE LANDSCAPE
2.5.1.    MARKET SHARE ANALYSIS
2.5.2.    TOP WINNING STRATEGIES
2.5.3.    CASE STUDIES: TOP COMPETITIVE MOVES
2.6.    PORTER’S FIVE FORCE MODEL
2.6.1.    THREAT OF NEW ENTRANTS
2.6.2.    THREAT OF SUBSTITUTE PRODUCTS OR SERVICES
2.6.3.    BARGAINING POWER OF BUYER
2.6.4.    BARGAINING POWER OF SUPPLIER
2.6.5.    INTENSITY OF COMPETITIVE RIVALRY
2.7.    KEY BUYING CRITERIA
2.8.    STRATEGIC RECOMMENDATIONS
2.9.    STRATEGIC CONCLUSIONS
 
3.         MARKET DETERMINANTS
3.1.       MARKET DRIVERS
3.1.1.           NEW TECHNOLOGIES DRIVE THE MARKET
3.1.2.           PUBLIC & PRIVATE SECTOR FUNDING TO BOOST THE MARKET
3.1.3.           LARGE DATA IN HEALTHCARE DOMAIN
3.1.4.           FEDERAL MANDATE FOR PRIORTIZING HEALTHCARE ANLAYTICS
3.2.       MARKET RESTRAINTS
3.2.1.           HIGH COST OF HEALTHCARE ANALYTICS
3.2.2.           PAUCITY OF EXPERTS
3.3.       MARKET OPPORTUNITIES
3.3.1.           REDUCING HEALTHCARE COST
3.3.2      GROWING DEMAND IN ASIA PACIFIC
3.3.3.   DEMAND FOR VALUE-BASED MEDICINES   
3.3.4      DEMAND FOR CLOUD BASED HEALTHCARE ANALYTICS
 
4.         SECTOR ANALYSIS
4.1.    PARENT MARKET
4.2.    COMPETITORS MARKET
4.3.    ALTERNATIVE MARKET
 
5.         MARKET SEGMENTATION
5.1.               GLOBAL HEALTHCARE ANALYTICS MARKET BY COMPONENT
5.1.1            GLOBAL HARDWARE MARKET 2012-2022 ($ BILLION)
5.1.2      GLOBAL SOFTWARE MARKET 2012-2022 ($ BILLION)
5.1.3      GLOBAL SERVICES MARKET 2012-2022 ($ BILLION)
5. 2     GLOBAL HEALTHCARE ANALYTICS MARKET BY APPLICATIONS
5.2.1.   GLOBAL CLINICAL ANALYTICS MARKET, 2014-2023 ($BILLION)
5.2. 2   GLOBAL FINANCIAL ANALYTICS MARKET, 2014-2023 ($BILLION)
5.2.3    GLOBAL OPERATIONAL & ADMINISTRATION & RISK MANAGEMENT MARKET, 2014-2023 ($BILLION)
5. 3.     GLOBAL HEALTHCARE ANALYTICS MARKET BY END-USER
5.3.1.   GLOBAL HEALTHCARE PAYER MARKET 2012-2022 ($ BILLION)
5.3.2.   GLOBAL HEALTHCARE PROVIDER MARKET 2012-2022 ($ BILLION)
5.3.3.   GLOBAL OTHERS MARKET, 2014-2023 ($BILLION)
 
6.         GEOGRAPHIC ANALYSIS
6.2.       NORTH AMERICA
6.2.1.           NORTH AMERICA HEALTHCARE ANALYTICS MARKET BY APPLICATION, 2014-2023 ($BILLION)
6.2.2.           NORTH AMERICA HEALTHCARE ANALYTICS MARKET BY REGION, 2014-2023 ($BILLION)
6.2.2.1.           US HEALTHCARE ANALYTICS MARKET BY APPLICATION, 2014-2023 ($BILLION)
6.2.2.2.           CANADA HEALTHCARE ANALYTICS MARKET BY APPLICATION, 2014-2023 ($BILLION)
6.2.2. 3.          MEXICO HEALTHCARE ANALYTICS MARKET BY APPLICATION, 2014-2023 ($BILLION)
6.3        EUROPE
6.3.1.           EUROPE HEALTHCARE ANALYTICS MARKET BY APPLICATION, 2014-2023 ($BILLION)
6.3.2.           EUROPE HEALTHCARE ANALYTICS MARKET BY REGION, 2014-2023 ($BILLION)
6.3.2.1.           GERMANY HEALTHCARE ANALYTICS MARKET BY APPLICATION, 2014-2023 ($BILLION)
6.3.3.2.           UK HEALTHCARE ANALYTICS MARKET BY APPLICATION, 2014-2023 ($BILLION)
6.3.3.3.           RUSSIA HEALTHCARE ANALYTICS MARKET BY APPLICATION, 2014-2023 ($BILLION)
6.4.       ASIA PACIFIC
6.4.1.           ASIA PACIFIC HEALTHCARE ANALYTICS MARKET BY APPLICATION, 2014-2023 ($BILLION)
6.4.2.           ASIA PACIFIC HEALTHCARE ANALYTICS MARKET BY REGION, 2014-2023 ($BILLION)
6.4.2.1.           CHINA HEALTHCARE ANALYTICS MARKET BY APPLICATION, 2014-2023 ($BILLION)
6.4.2.2.           INDIA HEALTHCARE ANALYTICS MARKET BY APPLICATION, 2014-2023 ($BILLION)
6.4.2.3.           SOUTH KOREA HEALTHCARE ANALYTICS MARKET BY APPLICATION, 2014-2023 ($BILLION)
6.5.       MIDDLE EAST & AFRICA
6.5.1.           MIDDLE EAST & AFRICA HEALTHCARE ANALYTICS MARKET BY APPLICATION, 2014-2023 ($BILLION)
6.5.2.           MIDDLE EAST & AFRICA HEALTHCARE ANALYTICS MARKET BY REGION, 2014-2023 ($BILLION)
6.6.       CENTRAL & SOUTH AMERICA
6.6.1.           CENTRAL & SOUTH AMERICA HEALTHCARE ANALYTICS MARKET BY APPLICATION, 2014-2023 ($BILLION)
6.6.2.           CENTRAL & SOUTH AMERICA HEALTHCARE ANALYTICS MARKET BY REGION, 2014-2023 ($BILLION)
6.6.2.1.           BRAZIL HEALTHCARE ANALYTICS MARKET BY APPLICATION, 2014-2023 ($BILLION)
 
7.         COMPANY PROFILES
7.1. Allscripts Health Solution
7.2. Cerner Corporation
7.3. Health Catalyst
7.4. IBM Corporation
7.5. Inovalon,Inc
7.6. Mckesson Corporation
7.7. Mede analytics
7.8. Optum, Inc.
7.9. Oracle Corporation
7.10. SAS Institute, Inc.
7.11. Truven Health Analytics Inc
7.12. Verisk Analytics, Inc.
  
LIST OF TABLES
 
  TABLE # 1            GLOBAL HEALTHCARE ANALYTICS MARKET BY APPLICATION 2014-2023 ($ BILLION)
  TABLE # 2            GLOBAL CLINICAL ANALYTICS MARKET 2014-2023 ($ BILLION)
  TABLE # 3            GLOBAL POPULATION HEALTH MANAGEMENT MARKET 2014-2023 ($ BILLION)
  TABLE # 4            GLOBAL QUALITY IMPROVEMENT AND CLINICAL BENCHMARKING MARKET 2014-2023 ($ BILLION)
  TABLE # 5            GLOBAL COMPARITIVE ANALYTICS/COMPARITIVE EFFECTIVENESS MARKET 2014-2023 ($ BILLION)
  TABLE # 6            GLOBAL CLINICAL DECISION SUPPORT MARKET 2014-2023 ($ BILLION)
  TABLE # 7            GLOBAL PRECISION HEALTH MARKET 2014-2023 ($ BILLION)
  TABLE # 8            GLOBAL REPORTING AND COMPLIANCE MARKET 2014-2023 ($ BILLION)
  TABLE # 9            GLOBAL FINANCIAL ANALYTICS MARKET 2014-2023 ($ BILLION)
  TABLE # 10          GLOBAL REVENUE CYCLE MANAGEMNT MARKET 2014-2023 ($ BILLION)
  TABLE # 11          GLOBAL CLAIMS PROCESSING MARKET 2014-2023 ($ BILLION)
  TABLE # 12          GLOBAL RISK ADJUSTMENT AND RISK ASSESSMENT MARKET 2014-2023 ($ BILLION)
  TABLE # 13          GLOBAL OPERATIONAL & ADMINISTRATION & RISK MANAGEMENT MARKET 2014-2023 ($ BILLION)
  TABLE # 14          GLOBAL SUPPLY CHAIN ANALYTICS MANAGEMENT MARKET 2014-2023 ($ BILLION)
  TABLE # 15          GLOBAL WORKFORCE ANALYTICS MANAGEMENT MARKET 2014-2023 ($ BILLION)
  TABLE # 16          GLOBAL STRATEGIC ANALYTICS MARKET 2014-2023 ($ BILLION)
  TABLE # 17          GLOBAL HEALTHCARE ANALYTICS MARKET BY END USER 2014-2023 ($ BILLION)
  TABLE # 18          GLOBAL HEALTHCARE PAYER MARKET 2014-2023 ($ BILLION)
  TABLE # 19          GLOBAL PRIVATE INSURANCE COMPANIES MARKET 2014-2023 ($ BILLION)
  TABLE # 20          GLOBAL GOVERNMENT AGENCIES MARKET 2014-2023 ($ BILLION)
  TABLE # 21          GLOBAL EMPLOYERS AND PRIVATE EXCHANGES MARKET 2014-2023 ($ BILLION)
  TABLE # 22          GLOBAL HEALTHCARE PROVIDER MARKET 2014-2023 ($ BILLION)
  TABLE # 23          GLOBAL HOSPITALS, PHYSICAN PRACTICES AND IDNS MARKET 2014-2023 ($ BILLION)
  TABLE # 24          GLOBAL AMBULATORY SETTINGS MARKET 2014-2023 ($ BILLION)
  TABLE # 25          GLOBAL OTHER MARKET 2014-2023 ($ BILLION)
  TABLE # 26          GLOBAL HEALTHCARE ANALYTICS MARKET BY COMPONENT 2014-2023($ BILLION)
  TABLE # 27          GLOBAL HARDWARE MARKET 2014-2023 ($ BILLION)
  TABLE # 28          GLOBAL SOFTWARE MARKET 2014-2023 ($ BILLION)
  TABLE # 29          GLOBAL SERVICES MARKET 2014-2023 ($ BILLION)
  TABLE # 30          GLOBAL SUPPORT SERVICES MARKET 2014-2023 ($ BILLION)
  TABLE # 31          GLOBAL BUSINESS ANALYTICS SERVICES MARKET 2014-2023 ($ BILLION)
 
LIST OF FIGURES
 
  FIGURE # 1      MARKET SHARE BY REGIONS
  FIGURE # 2      UNITED STATES MARKET ESTIMATES AND FORECAST 2014-2023 ($ BILLION)
  FIGURE # 3      CANADA MARKET ESTIMATES AND FORECAST 2014-2023 ($ BILLION)
  FIGURE # 4      MEXICO MARKET ESTIMATES AND FORECAST 2014-2023 ($ BILLION)
  FIGURE # 5      UK MARKET ESTIMATES AND FORECAST 2014-2023 ($ BILLION)
  FIGURE # 6      FRANCE MARKET ESTIMATES AND FORECAST 2014-2023 ($ BILLION)
  FIGURE # 7      GERMANY MARKET ESTIMATES AND FORECAST 2014-2023 ($ BILLION)
  FIGURE # 8      APAC MARKET ESTIMATES AND FORECAST 2014-2023 ($ BILLION)
  FIGURE # 9      CHINA MARKET ESTIMATES AND FORECAST 2014-2023 ($ BILLION)
  FIGURE # 10   INDIA MARKET ESTIMATES AND FORECAST 2014-2023 ($ BILLION)
  FIGURE # 11   MIDDLE EAST & AFRICA MARKET ESTIMATES AND FORECAST 2014-2023 ($ BILLION)
  FIGURE # 12   CENTRAL & SOUTH AMERICA MARKET ESTIMATES AND FORECAST 2014-2023 ($ BILLION)
  FIGURE # 13   BRAZIL MARKET ESTIMATES AND FORECAST 2014-2023 ($ BILLION)

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