Global Healthcare Analytics Market 2015 Estimated to Grow at a Compound Annual Growth Rate 24.82% by 2022
The Global Healthcare Analytics Market accounted for $5.5 billion in 2014 and is expected to grow at a CAGR of 24.82% to reach $32.4 billion by 2022. Analytics help healthcare organizations in reduction of patient's stays and readmissions in hospital, improved quality care, fraud identification and prevention of chronic diseases. The factors contributing to the market growth include better efficiency of healthcare of organizations, federal healthcare mandates and increasing healthcare IT adoption. However factors such as lack of skilled labor...
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