Healthcare analytics Market Soaring at 28.3% CAGR During the Period 2018 – 2025

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Healthcare analytics Market
Healthcare analytics Market

The global Healthcare analytics market is predicted to reach 293.3 billion by 2025 and is projected to grow with a striking growth rate of 28.3% over the forecast period 2018-2025, divulges a latest research report presented by Big Market Research. The advent of electronic records, mobile applications and eHealth has reduced the communication gap between healthcare providers and patients which is considered as a major growth trend for the global healthcare analytics market.

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Key drivers for the healthcare analytics market are integration of big data analytics in healthcare along with the government programs to promote the adoption of EHR. According to the Massachusetts Technology Collaborative (Mass Tech) in 2015, Massachusetts research universities, hospitals and institutions has received grants over $115 million from the federal government in the form of prime grants to fund 194 different big data projects. A majority of these grants were funded by the Department of Health and Human Services, as well as the National Science Foundation, NASA and NOAA among others. Most highly funded projects work to combine disparate data sets for highly complex analysis. Through this funding, almost half of these centers use data-driven, analytical research methods to develop technologies, create computational tools and provide insight into the field of healthcare and life sciences. Thus, government is making efforts to explore advantages of big data analytics in various industries including healthcare to enhance operational efficiency, thereby supplementing the adoption & growth healthcare analytics. Furthermore, growing demand of analytics in personalized and precision medicine is expected to create lucrative growth prospects of the healthcare analytics market across the globe.

This report is a professional and comprehensive research of the global Healthcare analytics industry based on the major regional market situations, key driving factors, major competitors, and size & scope of the market. Firstly, the report introduces the Healthcare analytics market basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials, and so on. The report also presents Porter’s Five Forces model, value chain analysis, and PEST analysis. Furthermore, the competitive scenario in different regions is outlined in the report to assist leading market players, new entrants, and stakeholders determine emerging economies.

Global Healthcare analytics Market: Regional Segment Analysis

  • North America– U.S., Canada
  • Europe– UK, Germany.
  • Asia Pacific– China, India, Japan
  • Latin America– Brazil, Mexico, Rest of the World

The report also presents detailed information about the major players as well as some minor players of the Healthcare analytics sector.

The Key Players mentioned in our report: Allscripts Healthcare Solutions, Cerner, Health Catalyst, IBM, Mckesson, SAS Institute Inc., Oracle, Wipro, Optum, Medeanalytics

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The research reveals the performance of each player active in the industry. In addition, the report offers an overview of recent developments of each player in the market. All these insights provided in the report are valuable to anyone interested in investing in the Healthcare analytics industry. These insights may help them in determining the strength of their competitors and take the required steps to gain a dominant position in the industry.

Additionally, the research report delivers a complete analysis of the key segments of the Healthcare analytics sector with the help of charts, graphs, and tables. An overview of each market segment such as type, application, and region are also provided in the report. Investors, stakeholders, product managers, marketing officials, and other professionals in search of detailed data on supply, demand, and future predictions would find the report beneficial.

This research report is prepared based on an in-depth analysis of the market by expert analysts. The insights provided in the report would help stakeholders determine investment suitability and market players to take hold of opportunities for partnerships, collaborations, and agreements.

Table of Contents

Chapter 1. Global Healthcare analytics Market Definition and Scope

1.1. Research Objective

1.2. Market Definition

1.3. Scope of The Study

1.4. Years Considered for The Study

1.5. Currency Conversion Rates

1.6. Report Limitation

Chapter 2. Research Methodology

2.1. Research Process

2.1.1. Data Mining

2.1.2. Analysis

2.1.3. Market Estimation

2.1.4. Validation

2.1.5. Publishing

2.2. Research Assumption

Chapter 3. Executive Summary

3.1. Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)

3.2. Key Trends

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