The Global Healthcare analytics market is anticipated to grow at a CAGR of 25.41% owing to increasing adoption of IT in healthcare sector
Hyderabad, India -- (SBWIRE) -- 01/22/2018 -- The report " Healthcare Analytics Market by Type - (Predictive Analytics, Descriptive/Retrospective Analytics and Prescriptive Analytics), by application – (Financial Analytics, Clinical Analytics, Operational & Administrative Analytics), by end-user – (public health systems, healthcare providers, private healthcare providers, Monitoring agencies, Health Insurance companies, Clinical and Medical research bodies, technology vendors) - Forecast to 2022", The Healthcare Analytics market is expected to reach USD 17.62 Billion by 2022 from an estimated USD 5.68 Billion in 2017, at a CAGR of 25.41%. The key factors such as increasing adoption of IT infrastructure, rising capital investments, increasing digitization and the integration and emergence of big data are the major drivers of market growth.
Browse through 221 Pages and in-depth TOC on "Healthcare Analytics Market "
Early buyers will receive 10% customization on reports.
By application, the financial analytics segment accounted for the largest share of the market in 2017
On the basis of type, the market is segmented into predictive analytics, descriptive/retrospective analytics and prescriptive analytics. By application it is segmented into Financial Analytics, Clinical Analytics, Operational & Administrative Analytics. The financial analytics segment accounted for the major market share in 2017 driven by the extensive and increasing use of these analytics for not only merging of patient data but also for majorly accounting for financial analytics.
On the basis of type of End Users, they are divided into public health systems, healthcare providers, private healthcare providers, Monitoring agencies, Health Insurance companies, Clinical and Medical research bodies, technology vendors. Amongst end users, the healthcare providers segment is anticipated to grow at the highest CAGR during the forecast period
North America dominated the market in 2017 accounting for more than 35 percent of the global market share.
Request Sample: https://marketdataforecast.com/market-reports/global-healthcare-analytics-market-45/request-sample
North America accounted for the largest share of the Healthcare Analytics market in 2017, followed by Europe. The large share of the European Healthcare Analytics market can be attributed to the growth in big data and the increasing demand for Healthcare Analytics to cater to the demand of the increasing populace about healthcare.
The various players in the Healthcare Analytics market include SAS Institute, Inc., Optum, Inc., IBM Corporation, Truven Health Analytics Inc., Cerner Corporation, Verisk Analytics, Inc., McKesson Corporation, Allscripts Health Solutions, Oracle Corporation, MedeAnalytics, Inovalon, Inc. and Health Catalyst..
Market Data Forecast is a market research firm offering syndicated research, consults and industry newsletters across various domains & verticals. With a well-established in-house team of experts from diverse fields and outsource research network across 100+ countries, we are the sole research providers for the majority of Fortune 500 companies. Along with the standards of reports being on par excellence, our unique services like free customization, analyst support for the period of six months post to the purchase will be the flag bearers and differentiates us from the rest. Our experience and in-depth understanding of various business environments will be a support to you and your organization in making well-informed decisions.
Name: Mr. Abhishek Shukla
Address: 2nd Floor, Lakeview Plaza, Kavuri Hills, Hyderabad, Telangana 500033, India.