Healthcare BI Platform Market - Self-Service BI Is Expected to Be the Fastest Growing Segment

Business Intelligence (BI) platforms enable healthcare organizations to build applications that help them understand their processes and use technology to help ensure healthcare quality and control cost. BI platforms provide information delivery, integration, and analysis capabilities to healthcare organizations.


Albany, NY -- (SBWire) -- 09/14/2016 --Business Intelligence (BI) platforms help build BI applications by providing competences in analysis, platform integration, and information delivery. As healthcare organizations are realizing the untapped potential of huge amounts of data, they are implementing solutions that utilize business intelligence to help collect, sort, and mine valuable insights from this data. The complex data gathered from numerous sources (operational, patient data) is analyzed and used by healthcare providers with the aid of BI platforms for the larger population.

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This research report provides a detailed analysis of trends in the healthcare BI platform market. It also comprises a broad analysis of the industry drivers, restraints, and opportunities. The report also provides a comprehensive assessment of key market player strategies. The market for healthcare BI platform has been segmented into various functions: clinical analytics, financial analytics, operational analytics, and others. Financial analytics is expected to be the largest healthcare BI platform function over the forecast period, whereas clinical analytics is expected to be the fastest growing functional segment over the forecast period. The global healthcare BI platform market has been extensively analyzed on the basis of deployment type into on-premise and cloud. Cloud is expected to be the fastest growing healthcare BI platform segment by deployment type over the forecast period. On the basis of model type, the healthcare BI platform market is segmented as self-service BI and corporate BI. Self-service BI is the latest trend in the BI market and is expected to be the fastest growing segment over the forecast period. The market size and forecasts in terms of revenue (US$ Mn) for each of these segments have been provided for the period 2013 to 2023, considering 2013 and 2014 as the base years. The report also provides the compounded annual growth rate (CAGR) for each segment of the market for the forecast period 2015 to 2023.

The healthcare BI platform market is segmented based on geography into North America, Europe, Middle-East and Africa, Asia Pacific, and Latin America, and a detailed regional analysis is provided. A country-level analysis is also included in the report, covering the countries in each region. North America is expected to be the largest and fastest growing healthcare BI platform market among all regions. Europe is one of the mature markets for healthcare BI platform, whereas Asia Pacific is expected to be one of the most attractive markets in the near future.

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Market estimates for the healthcare BI platform have been assessed considering different political, environmental, social, technological, economic, and legal factors. The share of leading players of the global healthcare BI platform market is provided for the year 2014. Company profiles (CPs) of market leaders elucidate on details such as company overview, segmentation, recent developments, business strategies, and financial information in the healthcare BI platform market. Companies profiled in the report include SAP SE, Oracle Corporation, Microsoft Corporation, SAS Institute, Inc., IBM Corporation, OpenText Corporation, and Information Builders. The report would allow healthcare organizations and research and development agencies to make informed decisions about healthcare BI platforms, and thus gain competitive advantage in the market.

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