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+ 18% CAGR for Clinical Informatics Market : Outlook and in-Depth Analysis 2018-2023 by Top Players: Cerner Corp, Allscripts, Cardinal Health, Meditech, eClinicalWorks

This Clinical Informatics Market report covers the size, share, trends, forecast, status of import and export, supply chain management, distribution channels, production volume, production capacity, product price, profit, sale and others elements.

 

New York, NY -- (SBWIRE) -- 06/04/2019 -- A recent market study on the Clinical Informatics market applies both primary and secondary research techniques to identify new opportunities for development for the Clinical Informatics market for the forecast period, 2018 -2023. The research further screens and analyses data on the market share, growth rate and size to enable stakeholders, product owners and field marketing executives identify the low-hanging fruits and reap a significant return on their investment. Importantly, the data on the current business environment of the Clinical Informatics market proves a boon for companies trying to identify next leg for growth.

Clinical informatics is visibly reshaping healthcare services for the better by combining information technology (IT) with informatics. It leads to better interoperability and increased digitization, resulting in efficient patient data management and improved treatment procedures, by helping physicians make informed decisions. All of these factors will eventually revolutionize the healthcare market. The global clinical informatics market is expected to be worth USD 33.31 Bn in 2023, and is projected to expand at a compound annual growth rate (CAGR) of 18.26% during the 2018-2023 period.

This report focuses on the global top players which are:: Cerner Corp, Agfa HealthCare Corp, Allscripts, Cardinal Health, CNSI , Spok, Inc (Formerly Amcom Software), Meditech, eClinicalWorks, Nuance Communications, West Corporation

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Technology segment insights:
The on-premises software market held the largest market share of about 58% in 2017, mainly due to its widespread availability and usage. On the other hand, the cloud-based software segment is expected to expand at a higher CAGR of 19.63% during the forecasted period of 2018-2023. This high growth can be attributed to the increased adoption of cloud-based platforms, which can provide better security, storage, and efficiency.

Application segment insights:
In the application segment, the diagnostics market had the largest share in 2017, contributing to 39% of the market revenue. The growth of the diagnostics segment has primarily been driven by increasing popularity of non-invasive procedures, advanced visualization systems, and technological improvements in clinical informatics products. It is expected to witness the highest CAGR (18.41%) among all the application segments during the forecasted period. In terms of growth potential, the diagnostics market will be followed by the patient monitoring segment (CAGR of 18.30%).

End user segment insights:
In 2017, the hospitals segment had a global market share of approximately 38%, and is expected to experience the highest growth rate (18.58%) during the 2018-2023 period. This is because of increasingly strict but favorable government policies that mandate the implementation of electronic health records (EHR) across hospitals, coupled with funding and incentives. The 'physicians' segment is also expected to experience significant growth. The specialty centers segment held approximately 10% of the total market share, while the research laboratories segment held 15%.

Regional insights:
North America has been leading the market with its technological innovations, accounting for approximately 50% of the global market. However, Asia-Pacific is expected to have the highest growth rate during the forecasted period due to the increased demand for healthcare services in this region. Growing number of patients, rising government funding for health-related IT services, and health awareness are factors which will lead to the growth of the market in the region.

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How geography and sales fit together
The study works as a boon for all business owners trying to identify the exact size of the target audience in a specific geographic location. Clinical Informatics enables entrepreneurs to determine the regional market for their business expansion. The study answers the questions below:
- Where do the requirements come from?
- Where do non-potential customers reside?
- What is the buying behaviour of the customers dwelling in a particular area?
- What is the spending power of the customers in a specific region?

The specialist consulting approach adopted to study the Clinical Informatics market by size, share. and growth form an important part of this market intelligence report. Expertise research specialist not only weight upon the company profiles of the major vendors but also significant aspects such as import and export status, supply chain management, demand and supply and distribution channel. Vital statistics on product positioning, consumption volume, a dramatic shift in consumer preferences, spending power and other are explained through resources including charts, graphs, and infographics.

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
- United States
- Europe
- China
- Japan
- Southeast Asia
- India

We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa

In this study, the years considered to estimate the market size of Conveyor Ovens are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2023

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Most important Topics covered in this report are:
1. Market Trends & Issues
2. Growth Drivers & Enablers
3. Growth Inhibitors
4. Opportunities and Challenges
5. Recent Industry Activity
6. Product Innovations & Trends
7. Coverage of Major & Niche Players
8. Comprehensive Geographic Coverage
9. Extensive Product Coverage

The research provides answers to the following key questions:
- What will be the size of the market and the growth rate for the forecast period? 2018 - 2023?
- Which key driving forces will keep create more opportunities for the Clinical Informatics market in years to come?
- Which are the most prominent players operating in the Clinical Informatics market? What have been their winning strategies so far?
- Which trends from the yesteryears or the future are likely to shape the progress of the Clinical Informatics market across different regions?
- What are the threats and challenges that can act like a barrier and restrict the development of the Clinical Informatics market?
- What are the future opportunities for prominent market players?

Browse complete report description @ https://www.marketexpertz.com/industry-overview/clinical-informatics-market

Key points from table of content:
Chapter 1. Executive summary

1.1. Market scope and segmentation
1.2. Key questions answered in this study
1.3. Executive summary

Chapter 2. Global clinical informatics market - overview

2.1. Global market overview - historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), geography-wise market revenue (USD Bn), and key market observations
2.2. Global market drivers
2.3. Global market challenges
2.4. Global market trends
2.5. Porter's five forces analysis
2.6. Market segmentation based on technology (on-premise software, cloud-based software) - historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key market observations
2.7. Market segmentation based on application (diagnostics, pathology, pharmacies, patient monitoring) - historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key market observations
2.8. Market segmentation based on end users (hospitals, research laboratories, physicians, and specialty centers) - historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key market observations

Chapter 3. North America clinical informatics market

3.1. Regional market overview - historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key market observations
3.2. Market segmentation based on technology (on-premise software and cloud-based software) - historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key market observations
3.3. Market segmentation based on application (diagnostics, pathology, pharmacies, patient monitoring) - historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key market observations
3.4. Market segmentation based on end users (hospitals, research laboratories, physicians, and specialty centers) - historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key market observations
Continued….

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