Healthcare analytics relates to the usage of immense amounts of collected data to provide institutions with actionable insights. These penetrations are developed through analytical disciplines to encourage fact-based decision-making. In turn, these decisions improve planning, measurement, management, and learning. In addition, it is the method of investigating current and historical industry data to predict trends and improve outreach.
MARKET SCOPE
The "Global Healthcare Analytics Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the healthcare analytics market with detailed market segmentation by type, deployment model, application, and geography. The report provides key statistics on the market status of the leading healthcare analytics market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
? Based on type, the market is segmented as predictive analysis, prescriptive analysis, and descriptive analysis.
? On the deployment model, the global healthcare analytics market is bifurcated into on-premises and on? demand.
? Based on application, the market is segmented as clinical analytics, financial analytics, operational and administrative analytics, and others.
MARKET DYNAMICS
Drivers
? Associated benefits such as easy recoding and maintenance are the major key driving factors for market growth.
? Centralized database and growing investments from government and non-government is anticipated to provide opportunities for the growth of healthcare analytics market.
Restraints
? Limited awareness of the technologies is likely to restraint the market growth.
? Lack of skills to implement the solutions and poor infrastructure and cyber threats are another restraining factor.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The healthcare analytics market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the healthcare analytics market in these regions.
IMPACT OF COVID-19 ON HEALTHCARE ANALYTICS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. To prevent the spread of COVID-19 in healthcare, many leaders are continuously developing artificial intelligence and data analytics, paving the way for the future of the technologies. These tools are rigorously used by researched to track hospital capacity and to identify high-risk patients. Along with this, rising funds to healthcare technology companies that developed mHealth apps, big data analytics, and the Internet of Things (IoT) offerings will boost global market size. For instance, due to technological advancements like sharing information, in 2020, IBM and Oracle launched a blockchain to integrate COVID-19 data from the World Health Organization and CDC.
MARKET PLAYERS
The report covers key developments in the healthcare analytics market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from healthcare analytics market are anticipated to lucrative growth opportunities in the future with the rising demand for healthcare analytics in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the healthcare analytics market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
1. Allscripts
2. Cerner Corporation.
3. Health Catalyst
4. IBM
5. Inovalon
6. McKesson Corporation
7. MEDEANALYTICS, INC.
8. Optum, Inc.
9. Oracle
10. SAS Institute Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.