Albany, NY -- (SBWIRE) -- 11/13/2018 -- A detailed market research report added recently to the comprehensive research reports repository of ResearchMoz.us presents a comprehensive and professional analysis of the global healthcare business intelligence (BI) platform market. The report, titled "Global Healthcare BI Platform Market Size, Status and Forecast 2018-2025," analyzes the key elements of the market on the basis of a variety of criteria such as services, products, key developmental trends, chief applications, recent developments, and competitive landscape.
The market is expected to expand at a massive pace in the next few years owing to the vast digitization of the healthcare industry across the globe and the rising awareness regarding the vast benefits of business intelligence solutions in improving decision-making capabilities and profitability of a variety of operations and processes in the healthcare sector.
The report analyzes the chief factors driving the demand for healthcare business intelligence platforms, with analysis of the impact of these demand drivers on overall development of the market in the next few years. In a similar manner, impact of the key restraining forces on the market's growth prospects is also studied in the report.
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Some of the key factors driving the market include the rapid rate at which traditional systems are beings replaced by technologically advanced medical devices and solutions, and a significant rise in the volumes of digitally accessible patient data gathered from a variety of sources in healthcare and associated environments. The rising expenditure on healthcare infrastructure advancement activities across emerging economies is also expected to bode well for the global healthcare BI platform market in the near future.
The report segments the market on the basis of criteria such as geography, type, and application. On the basis of geography, the market has been segmented into United States, Europe, India, Japan, China, and Southeast Asia. On the basis of type, healthcare business intelligence platforms are segmented into clinical analytics, operational analytics, and financial analytics. The key areas of application of healthcare BI platforms examined in the report are hospitals and clinics.
The report also presents a detailed overview of the vendor landscape and the level of competition in the global business intelligence platform market, with comprehensive business and financial overview of some of the key vendors operating in the market. The report also presents a comparative analysis of these vendors with the help of SWOT analysis, highlighting the strengths, weaknesses, and major opportunities and threats ahead of these companies in current times.
It has been observed that several technology giants and new players have forayed into the market in the past few years to benefit from the rising set of growth opportunities. Competition has thus become rife and is likely to stay intense in the next few years as well. Some of the leading companies operating in the global healthcare BI platforms market profiled in the report are IBM, Information Builders, SAP, Oracle, Microsoft, OpenText, and SAS.