Global Healthcare Data Analytics Market 2012-2016
- ID: 2703240
- November 2013
- Region: Global
- 64 pages
The analysts forecast the Global Healthcare Data Analytics market to grow at a CAGR of 22.30 percent over the period 2012-2016. One of the key factors contributing to this market growth is the growing need for effectively using patients’ information. The Global Healthcare Data Analytics market has also been witnessing the increasing use of cloud computing technology. However, the increasing cost of implementing analytics could pose a challenge to the growth of this market.
The report, the Global Healthcare Data Analytics Market 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Healthcare Data Analytics market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The key vendors dominating this market space are MEDai Inc., MedeAnalytics Inc., OptumHealth Care Solutions Inc., and Verisk Analytics Inc.
Other vendors mentioned in the report are Allscripts Healthcare Solutions Inc., Cerner Corp., Hewlett-Packard Co., IBM Corp., McKesson Corp., Oracle Corp., Truven Health Analytics, and VitalSprings Technologies Inc.
Key questions answered in this report:
- What will the market size be in 2016 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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01. Executive Summary
02. Scope of the Report
02.1 Market Overview
02.2 Product Offerings
03. Market Research Methodology
03.1 Market Research Process
03.2 Research Design
03.3 Research Methodology
04. List of Abbreviations
06. Market Landscape
06.1 Market Overview
06.2 Market Size and Forecast
06.3 Five Forces Analysis
07. Market by Applications
08. Market by Deployment Models
09. Revenue Segmentation
10. Market Segmentation by End-users
11. Geographical Segmentation
11.1 Global Healthcare Data Analytics Market by Geographical Segmentation 2012
11.2 Healthcare Data Analytics Market in the Americas
11.2.1 Market Size and Forecast
11.3 Healthcare Data Analytics Market in the EMEA Region
11.3.1 Market Size and Forecast
11.4 Healthcare Data Analytics Market in the APAC Region
11.4.1 Market Size and Forecast
12. Key Leading Countries
13. Buying Criteria
14. Market Growth Drivers
15. Drivers and their Impact
16. Market Challenges
17. Impact of Drivers and Challenges
18. Market Trends
19. Trends and their Impact
20. Vendor Landscape
20.1 Competitive Scenario
20.1.1 Key News
20.2 Market Share Analysis 2012
20.3 Other Prominent Vendors
21. Key Vendor Analysis
21.1 MEDai Inc.
21.1.1 Business Overview
21.1.2 Business Segmentation
21.1.3 Key Information
21.1.4 SWOT Analysis
21.2 MedeAnalytics Inc.
21.2.1 Business Overview
21.2.2 Business Segmentation
21.2.3 Key Information
21.2.4 SWOT Analysis
21.3 OptumHealth Care Solutions Inc.
21.3.1 Business Overview
21.3.2 Business Segmentation
21.3.3 Key Information
21.3.4 SWOT Analysis
21.4 Verisk Analytics Inc.
21.4.1 Business Overview
21.4.2 Business Segmentation
21.4.3 Key Information
21.4.4 SWOT Analysis
22. Other Reports in this Series
List of Exhibits
Exhibit 1: Market Research Methodology
Exhibit 2: Benefits of Applying Data Analytics in the Healthcare Sector
Exhibit 3: Global Healthcare Data Analytics Market 2012-2016 (US$ million)
Exhibit 4: Global Healthcare Data Analytics Market by Applications
Exhibit 5: Global Healthcare Data Analytics market by Deployment Models
Exhibit 6: Global Healthcare Data Analytics Market by Revenue Segmentation 2012
Exhibit 7: Global Healthcare Data Analytics market by End-users 2012
Exhibit 8: Global Healthcare Data Analytics market by Geographical Segmentation 2012
Exhibit 9: Healthcare Data Analytics Market in The Americas 2012-2016(US$ million)
Exhibit 10: Healthcare Data Analytics Market in the EMEA Region 2012-2016 (US$ million)
Exhibit 11: Healthcare Data Analytics Market in the APAC region 2012-2016 (US$ million)
Exhibit 12: Business Segmentation of MEDai
Exhibit 13: Business Segmentation of MedeAnalytics Inc.
Exhibit 14: Business Segmentation of OptumHealth Care Solutions Inc.
Exhibit 15: Business Segmentation of Verisk Analytics
Commenting on the report, an analyst from the team said: “The emergence of cloud-based solutions has enabled healthcare organizations to increase their efficiency and reduce the cost of deploying valuable IT infrastructure. Soon after disease diagnosis, results are stored in databases and these databases are then stored in the cloud. The information stored in the databases can be used at later stages to further refine treatments for other patients. Cloud computing enables healthcare providers and patients to access this information at any time and from any location. However, healthcare organizations are still analyzing the feasibility and relevance of such cloud computing solutions in their IT operations. Although healthcare providers have a good understanding of the benefits of cloud-based data analytics solutions, a number of concerns and risks, particularly data sharing and security, are affecting the steady adoption of such solutions. Overall, however, cloud computing is expected to have a significant positive impact on the Global Healthcare Data Analytics market during the forecast period.”
According to the report, one of the major drivers in this market is the need for effective usage of patient information in healthcare enterprises. The increasing amount of clinical and patient records is resulting in a huge pile-up of information in hospitals and with individual physicians. Hence, data analytics solutions are being used to analyze and effectively use this data to deliver value-based care to patients and improve the efficiency of hospitals.
Further, the report states that one of the major challenges to the adoption of technology by the Healthcare sector is the increasing cost of implementing analytics. Hence, healthcare decision makers are wary about investing in analytics solutions and only choose to invest in areas where they are assured of high returns in less time.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
- MEDai Inc.
- MedeAnalytics Inc.
- OptumHealth Care Solutions Inc.
- Verisk Analytics Inc.
- Allscripts Healthcare Solutions Inc.
- Cerner Corp.
- Hewlett-Packard Co.
- IBM Corp.
- McKesson Corp.
- Oracle Corp.
- Truven Health Analytics
- and VitalSprings Technologies Inc.