Healthcare Analytics Global market - Forecast to 2022

  • ID: 3774719
  • Report
  • Region: Global
  • 306 Pages
  • IQ4I Research & Consultancy Pvt. Ltd
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The Market Is Expected to Grow at a Double Digit CAGR to Reach $33,542 Million by 2022

FEATURED COMPANIES

  • Accenture
  • Citius Tech
  • GE Healthcare IT
  • Kronos
  • Nextech Systems
  • River Logics
  • MORE
Healthcare analytics is one of the emerging areas of healthcare services. It extensively uses information technology tools, data, statistical and qualitative analysis, explanatory and predictive modeling. The analytics help the healthcare organizations in reducing the hospital stays of patients, meeting regulatory compliance, improved quality care, preclusion of chronic diseases, and fraud detection.

Global healthcare analytics market is segmented into tool types, applications, components, delivery modes, end users and geography. Tool types market is further partitioned into descriptive, predictive and prescriptive analytics. Components are classified into hardware, software and services segments. Mode of delivery is segmented into on-promise, web-hosted and cloud-based models. Depending on the end users, the healthcare analytics market is sectioned into payers, providers, HIE and others.

This report studies the global healthcare analytics market over the forecast period 2015 to 2022. The market is expected to grow at a double digit CAGR to reach $33,542 million by 2022. Federal healthcare mandates, rising healthcare costs and pressure to reduce, emergence of big data and advancements in analytical technologies, digitalization of healthcare, personalized medicine are some of the factors driving the healthcare analytics market growth.

Factors such as security issues and data breaches, lack of skilled labor with analytical skills, lack of patient data confidentiality and transparency, lack of interoperability, functional gap between payers and providers, increase in governmental regulation, and reimbursement issues are hampering the market growth.

Geographically the market is segmented into North America, Europe, Asia Pacific and Rest of the World. North America dominated the healthcare analytics market with a largest share which is driven by U.S. centralized healthcare mandates such as the Patient Protection and Affordable Care Act (PPACA) and meaningful use. These initiatives assist to improve the acceptance of Electronic Health Records (EHRs) and Healthcare Information Exchange (HIE), thus improving the usage of analytics to influence the generated data.

The European market is expected to be the second largest market, growing at a lower rate mainly due to the economic crisis. The Asian market is fairly new to medical analytics; however, the increasing IT skills, outsourcing trend and healthcare IT adoption will force this market to emerge into fast growing market in the future.

The healthcare analytics market is a fragmented market with key players operating in the field of EHR & EMR platforms, cross-vertical service providers and healthcare analytical tool/service providers. The major players in the market are Allscripts Healthcare Solution, Inc. (U.S.), Cerner Corporation (U.S.), Epic Systems (U.S.), IBM Corporation (U.S.), Information Builders, Inc. (U.S.), McKesson Corporation (U.S.), MedeAnalytics, Inc. (U.S.), Oracle Corporation (U.S.), Optum, Inc. (U.S.), and Verisk Analytics (U.S.).

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FEATURED COMPANIES

  • Accenture
  • Citius Tech
  • GE Healthcare IT
  • Kronos
  • Nextech Systems
  • River Logics
  • MORE
1 Executive Summary

2 Introduction

2.1 Key Take Aways
2.2 Report Description
2.3 Markets Covered
2.4 Stakeholders
2.5 Research Methodology
2.5.1 Market Size Estimation
2.5.2 Market Crack Down & Data Triangulation
2.5.3 Secondary Sources
2.5.4 Primary Sources
2.5.5 Key Data Points From Secondary Sources
2.5.6 Key Data Points From Primary Sources
2.5.7 Assumptions

3 Market Overview

3.1 Introduction
3.2 Market Segmentation
3.3 Factors Influencing Market
3.4 Market Dynamics
3.4.1 Drivers & Opportunities
3.4.1.1 Federal Healthcare Mandates In The U.S.
3.4.1.2 Increasing Healthcare Costs And Pressure To Reduce Expenditure.
3.4.1.3 Digitization Of Healthcare, Emergence Of Big Data And Analytics
3.4.1.4 Proliferation Of Cloud Computing
3.4.1.5 Population Health Management (Phm)
3.4.1.6 Personalized Medicine Or Precision Medicine
3.4.1.7 Rising Incidence Of Ageing Population
3.4.2 Restraints And Threats
3.4.2.1 Data Breach, Security Issues And Transparency Issues
3.4.2.2 Interoperability Issues
3.4.2.3 High Cost Of Implementation And Adoption Barriers
3.4.2.4 Shortage Of Skilled Labour
3.4.2.5 Complex Government Regulations
3.4.3 Technological Advancements
3.4.3.1 Cloud Technology
3.4.3.2 Wearable Patient Monitoring Device Analytics
3.4.3.3 Healthcare Mobile Apps And Telemedicine
3.4.3.4 Cognitive Computing
3.4.3.5 Image Analytics
3.5 Porter's Five Force Analysis
3.5.1 Threat Of New Entrants
3.5.2 Threat Of Substitutes
3.5.3 Rivalry Among Existing Competitors
3.5.4 Bargaining Power Of Suppliers
3.5.5 Bargaining Power Of Buyers
3.6 Regulatory Affairs
3.6.1 U.S.
3.6.2 Europe
3.6.3 China
3.6.4 India
3.7 Market Share Analysis

4 Global Healthcare Analytics Market, By Tool Type

4.1 Introduction
4.2 Descriptive Analytics
4.3 Predictive Analytics
4.3.1 Predictive Analytics Process
4.4 Prescriptive Analytics

5 Global Healthcare Analytics Market, By Application

5.1 Introduction
5.2 Clinical Data Analytics
5.2.1 Quality Care
5.2.2 Medical Error Reduction
5.2.3 Physician Performance Evaluation
5.2.4 Clinical Decision Support System (Cdss)
5.2.5 Population Health Management
5.2.6 Customer Relationship Management
5.3 Financial Analytics
5.3.1 Claims Analytics
5.3.2 Revenue Cycle Analytics
5.3.3 Risk Analytics
5.4 Administrative/Operational Analytics
5.4.1 Supply Chain Analytics
5.4.2 Human Resource/ Workforce Analytics
5.4.3 Practice Management Analytics
5.4.4 Strategic Analytics
5.5 Research Analytics
5.6 Others

6 Global Healthcare Analytics Market, By Component

6.1 Introduction
6.2 Hardware
6.3 Software
6.4 Services

7 Healthcare Analytics Market, By Delivery Mode

7.1 Introduction
7.2 On-Premise Model
7.3 Web-Hosted Model
7.4 Cloud-Computing

8 Global Healthcare Analytics Market, By End-User

8.1 Introduction
8.2 Payers
8.3 Providers
8.4 Healthcare Analytics Information Exchanges (Hie)
8.5 Others

9 Regional Market Analysis

9.1 Introduction
9.2 North America
9.2.1 U.S.
9.3 Europe
9.4 Asia Pacific
9.5 Rest Of The World

10 Company Developments

10.1 Introduction
10.2 Agreements, Partnerships, Collaborations & Joint Ventures
10.3 New Product Launch
10.4 Other Developments
10.5 Mergers And Acquisitions

11 Company Profiles

11.1 Allscripts Healthcare Solutions, Inc.
11.1.1 Overview
11.1.2 Financials
11.1.3 Product Portfolio
11.1.4 Key Developments
11.1.5 Business Strategy
11.1.6 SWOT Analysis
11.2 Cerner Corporation
11.2.1 Overview
11.2.2 Financials
11.2.3 Product Portfolio
11.2.4 Key Developments
11.2.5 Business Strategy
11.2.6 SWOT Analysis
11.3 Epic
11.3.1 Overview
11.3.2 Financials
11.3.3 Product Portfolio
11.3.4 Key Developments
11.3.5 Business Strategy
11.3.6 SWOT Analysis
11.4 Ibm
11.4.1 Overview
11.4.2 Financials
11.4.3 Product Portfolio
11.4.4 Key Developments
11.4.5 Business Strategy
11.4.6 SWOT Analysis
11.5 Information Builders, Inc.
11.5.1 Overview
11.5.2 Financials
11.5.3 Product Portfolio
11.5.4 Key Developments
11.5.5 Business Strategy
11.5.6 SWOT Analysis
11.6 Mckesson Corporation
11.6.1 Overview
11.6.2 Financials
11.6.3 Product Portfolio
11.6.4 Key Developments
11.6.5 Business Strategy
11.6.6 SWOT Analysis
11.7 Medeanalytics, Inc.
11.7.1 Overview
11.7.2 Financials
11.7.3 Product Portfolio
11.7.4 Key Developments
11.7.5 Business Strategy
11.7.6 SWOT Analysis
11.8 United Health Group, Inc.
11.8.1 Overview
11.8.2 Financials
11.8.3 Product Portfolio
11.8.4 Key Developments
11.8.5 Business Strategy
11.8.6 SWOT Analysis
11.9 Oracle Corporation
11.9.1 Overview
11.9.2 Financials
11.9.3 Product Portfolio
11.9.4 Key Developments
11.9.5 Business Strategy
11.9.6 SWOT Analysis
11.10 Verisk Analytics
11.10.1 Overview
11.10.2 Financials
11.10.3 Product Portfolio
11.10.4 Key Developments
11.10.5 Business Strategy
11.10.6 SWOT Analysis

List Of Tables
Table 1 Healthcare Analytics, Global Market Revenue, By Region, (2014-2022) ($Mn)
Table 2 Healthcare Analytics Global Market Revenue, By Tool Type, (2014-2022) ($Mn)
Table 3 Descriptive Analytics Global Market Revenue, By Region, (2014-2022) ($Mn)
Table 4 Predictive Analytics Global Market Revenue, By Region, (2014-2022) ($Mn)
Table 5 Prescriptive Analytics, Global Market Revenue, By Region, (2014-2022) ($Mn)
Table 6 Healthcare Analytics Global Market Revenue, By Application, (2014-2022) ($Mn)
Table 7 Clinical Data Analytics, Global Market Revenue, By Application, (2014-2022) ($Mn)
Table 8 Clinical Data Analytics Application Global Market Revenue, By Region, (2014-2022) ($Mn)
Table 9 Quality Care Application Global Market Revenue, By Region, (2014-2022) ($Mn)
Table 10 Medical Error Reduction Application Global Market Revenue, By Region, (2014-2022) ($Mn)
Table 11 Physician Performance Evaluation Application Global Market Revenue, By Region, (2014-2022) ($Mn)
Table 12 Clinical Decision Support Application Global Market Revenue, By Region, (2014-2022) ($Mn)
Table 13 Population Health Management Application Global Market Revenue, By Region, (2014-2022) ($Mn)
Table 14 Customer Relationship Management Application Global Market Revenue, By Region, (2014-2022) ($Mn)
Table 15 Financial Analytics Global Application Market Revenue, By Type, (2014-2022) ($Mn)
Table 16 Financial Analytics Application Global Market Revenue, By Region, (2014-2022) ($Mn)
Table 17 Claims Analytics Application Global Market Revenue, By Region, (2014-2022) ($Mn)
Table 18 Revenue Cycle Analytics Application Global Market Revenue, By Region, (2014-2022) ($Mn)
Table 19 Risk Analytics Application Global Market Revenue, By Region, (2014-2022) ($Mn)
Table 20 Administrative Analytics Global Application Market Revenue, By Type, (2014-2022) ($Mn)
Table 21 Administrative Analytics Application Global Market Revenue, By Region, (2014-2022) ($Mn)
Table 22 Supply Chain Analytics Application Global Market Revenue, By Region, (2014-2022) ($Mn)
Table 23 Workforce Analytics Application Global Market Revenue, By Region, (2014-2022) ($Mn)
Table 24 Pratice Management Application Global Market Revenue, By Region, (2014-2022) ($Mn)
Table 25 Strategic Analytics Application Global Market Revenue, By Region, (2014-2022) ($Mn)
Table 26 Research Analytics Application Global Market Revenue, By Region, (2014-2022) ($Mn)
Table 27 Others Application Global Market Revenue, By Region, (2014-2022) ($Mn)
Table 28 Healthcare Analytics Global Market Revenue, By Component, (2014-2022) ($Mn)
Table 29 Healthcare Analytics Hardware Global Market Revenue, By Region, (2014-2022) ($Mn)
Table 30 Healthcare Analytics Software Global Market Revenue, By Region, (2014-2022) ($Mn)
Table 31 Healthcare Analytics Services Global Market Revenue, By Region, (2014-2022) ($Mn)
Table 32 Healthcare Analytics Global Market Revenue, By Delivery Mode, (2014-2022) ($Mn)
Table 33 On-Premise Global Market Revenue, By Region, (2014-2022) ($Mn)
Table 34 Web-Hosted Global Market Revenue, By Region, (2014-2022) ($Mn)
Table 35 Cloud-Based Global Market Revenue, By Region, (2014-2022) ($Mn)
Table 36 Healthcare Analytics Global Market Revenue, By End User, (2014-2022) ($Mn)
Table 37 Healthcare Analytics Payers Global Market Revenue, By Region, (2014-2022) ($Mn)
Table 38 Healthcare Analytics Providers Global Market Revenue, By Region, (2014-2022) ($Mn)
Table 39 Healthcare Analytics Information Exchange (Hie) Global Market Revenue, By Region, (2014-2022) ($Mn)
Table 40 Other Healthcare Analytics End Users Global Market Revenue, By Region, (2014-2022) ($Mn)
Table 41 North American Healthcare Analytics Market Revenue, By Tool Type, (2014-2022) ($Mn)
Table 42 North American Healthcare Analytics Market Revenue, By Application, (2014-2022) ($Mn)
Table 43 North American Clinical Data Analytics Application Market Revenue, By Type (2014-2022) ($Mn)
Table 44 North American Financial Analytics Application Market Revenue, By Type (2014-2022) ($Mn)
Table 45 North American Healthcare Administrative Analytics Application Market Revenue, By Type, (2014-2022) ($Mn)
Table 46 North American Healthcare Analytics Market Revenue, By Component, By Type (2014-2022) ($Mn)
Table 47 North American Healthcare Analytics Delivery Mode Market Revenue, By Type, (2014-2022) ($Mn)
Table 48 North American Healthcare Analytics Market Revenue, By End-User, (2014-2022) ($Mn)
Table 49 European Healthcare Analytics Market Revenue, By Tool Type, (2014-2022) ($Mn)
Table 50 European Healthcare Analytics Market Revenue, By Application, (2014-2022) ($Mn)
Table 51 European Healthcare Clinical Data Analytics Application Market Revenue, By Type, (2014-2022) ($Mn)
Table 52 European Healthcare Financial Analytics Application Market Revenue, By Type, (2014-2022) ($Mn)
Table 53 European Healthcare Administrative Analytics Application Market Revenue, By Type, (2014-2022) ($Mn)
Table 54 European Healthcare Analytics Components Market Revenue, By Type, (2014-2022) ($Mn)
Table 55 European Healthcare Analytics Delivery Mode Market Revenue, By Type, (2014-2022) ($Mn)
Table 56 European Healthcare Analytics Market Revenue, By End-User, (2014-2022) ($Mn)
Table 57 Asia-Pacific Healthcare Analytics Market Revenue, By Tool Type, (2014-2022) ($Mn)
Table 58 Asia-Pacific Healthcare Analytics Market Revenue, By Application, (2014-2022) ($Mn)
Table 59 Asia-Pacific Healthcare Clinical Data Analytics Application Market Revenue, By Type, (2014-2022) ($Mn)
Table 60 Asia-Pacific Healthcare Financial Analytics Application Market Revenue, By Type, (2014-2022) ($Mn)
Table 61 Asia-Pacific Healthcare Administrative Analytics Application Market Revenue, By Type, (2014-2022) ($Mn)
Table 62 Asia-Pacific Healthcare Analytics Component Market Revenue, By Type, (2014-2022) ($Mn)
Table 63 Asia-Pacific Healthcare Analytics Delivery Mode Market Revenue, By Type, (2014-2022) ($Mn)
Table 64 Asia-Pacific Healthcare Analytics End-User Market Revenue, By Type, (2014-2022) ($Mn)
Table 65 Row Healthcare Analytics Market Revenue, By Tool Type, (2014-2022) ($Mn)
Table 66 Row Healthcare Analytics Market Revenue, By Application, (2014-2022) ($Mn)
Table 67 Row Healthcare Clinical Data Analytics Application Market Revenue, By Type, (2014-2022) ($Mn)
Table 68 Row Healthcare Financial Analytics Application Market Revenue, By Type, (2014-2022) ($Mn)
Table 69 Row Healthcare Administrative Analytics Application Market Revenue, By Type, (2014-2022) ($Mn)
Table 70 Row Healthcare Analytics Component Market Revenue, By Type, (2014-2022) ($Mn)
Table 71 Row Healthcare Analytics Delivery Mode Market Revenue, By Type, (2014-2022) ($Mn)
Table 72 Row Healthcare Analytics Market Revenue, By End-User, (2014-2022) ($Mn)
Table 73 Agreements, Partnerships, Collaborations & Joint Ventures (2014-2016)
Table 74 New Product Launches (2014-2016)
Table 75 Other Developments (2015-2016)
Table 76 Mergers And Acquisitions (2014-2016)
Table 77 Allscripts: Total Revenue And R&D Expenses, (2013-2015) ($Mn)
Table 78 Allscripts: Total Revenue, By Segments, (2013-2015) ($Mn)
Table 79 Allscripts: Total Revenue, By Geography, (2013-2015) ($Mn)
Table 80 Cerner Corporation: Total Revenue And R&D Expenses, (2013-2015) ($Mn)
Table 81 Cerner Corporation: Total Revenue, By Segments, (2013-2015) ($Mn)
Table 82 Cerner Corporation: Total Revenue, By Geography, (2013-2015) ($Mn)
Table 83 Ibm: Total Revenue And R&D Expenses, (2013-2015) ($Mn)
Table 84 Ibm: Total Revenue, By Segments, (2013-2015) ($Mn)
Table 85 Ibm: Total Revenue, By Geography, (2013-2015) ($Mn)
Table 86 Mckesson: Total Revenue And R&D Expenses, (2014-2016) ($Mn)
Table 87 Mckesson: Total Revenue, By Segments, (2014-2016) ($Mn)
Table 88 Mckesson: Total Revenue, By Geography, (2014-2016) ($Mn)
Table 89 United Health Group: Total Revenue And R&D Expenses, (2013-2015) ($Mn)
Table 90 United Health Group: Total Revenue, By Segments, (2013-2015) ($Mn)
Table 91 Oracle Corporation: Total Revenue And R&D Expenses, (2014-16) ($Mn)
Table 92 Oracle Corporation: Total Revenue, By Segment, (2014-2016) ($Mn)
Table 93 Oracle Corporation: Cloud On Premise Software Business Revenue, By Sub-Segment (2014-2016) ($Mn)
Table 94 Oracle Corporation: Total Revenue, By Geography, (2014-2016) ($Mn)
Table 95 Verisk Analytics: Total Revenue And R&D Expenses, (2013-15) ($Mn)
Table 96 Verisk Analytics: Total Revenue, By Segment (2013-2015) ($Mn)
Table 97 Verisk Analytics: Total Revenue, By Geography, (2013-2015) ($Mn)

List Of Figures
Figure 1 Global Healthcare Analytics Market Share By Geography, (2014-2022) ($Mn)
Figure 2 Research Methodology: Healthcare Analytics Market
Figure 3 Healthcare Analytics Market: Top-Down And Bottom-Up Approach
Figure 4 Healthcare Analytics Market: Forecasting Model
Figure 5 Healthcare Analytics Market: Market Crackdown & Data Triangulation
Figure 6 Global Healthcare Analytics Market: Market Segmentation
Figure 7 Market Dynamics
Figure 8 Healthcare Analytics: Porter’S Analysis
Figure 9 Global Healthcare Analytics Market Share Analysis By Key Player, 2015
Figure 10 Global Healthcare Analytics Market Share, By Tool Type, (2015 V/S 2022)
Figure 11 Predictive Analytics Flow Chart
Figure 12 Healthcare Analytics Global Market Share, By Application, (% Growth V/S % Market Share)
Figure 13 Healthcare Analytics Global Market Revenue, By Application, (2015 V/S 2022) ($Mn)
Figure 14 Clinical Data Analytics Global Market Revenue, By Application, (2015 V/S 2022) ($Mn)
Figure 15 Financial Analytics Global Application Market Revenue, By Type, (2015 V/S 2022) ($Mn)
Figure 16 Global Healthcare Analytics Market Size, By Component, (2015 V/S 2022)
Figure 17 Global Healthcare Analytics Market Size By Delivery Mode, (2015 V/S 2022) ($Mn)
Figure 18 Global Healthcare Analytics Market Revenue By End User, (2015 V/S 2022) ($Mn)
Figure 19 Global Healthcare Analytics Market Revenue, By Geography, (2015-2022) ($Mn)
Figure 20 North America Healthcare Analytics Market Revenue, By Application, By Component, By Delivery Mode, By End-Users, (2015 V/S 2022) ($Mn)
Figure 21 European Healthcare Analytics Market Revenue, By Application, By Component, By Delivery Mode, By End-User, (2015 V/S 2022) ($Mn)
Figure 22 Asia-Pacific Healthcare Analytics Market Revenue, By Application, By Component, By Delivery Mode, By End-User, (2015 V/S 2022) ($Mn)
Figure 23 Row Healthcare Analytics Market Revenue, By Application, By Component, By Delivery Mode, By End-User (2015 V/S 2022) ($Mn)
Figure 24 Key Growth Strategies, (2014-2016)
Figure 25 SWOT: Allscripts Healthcare Solutions, Inc.
Figure 26 SWOT: Cerner Corporation
Figure 27 SWOT: Epic Systems Corporation
Figure 28 SWOT: Ibm Corporation
Figure 29 SWOT: Information Builders, Inc
Figure 30 SWOT: Mckesson Corporation
Figure 31 SWOT: Medeanalytics, Inc
Figure 32 SWOT: United Health Group (Optum, Inc)
Figure 33 SWOT: Oracle Corporation
Figure 34 SWOT: Verisk Analytics
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- Accenture
- Advanced Md
- Allscripts Healthcare Slutions, Inc
- Amazing Charts.Com
- Ambient
- American Healthtech
- Aqua Orange Software Pvt Ltd
- Arcadia Healthcare Solutions
- Athena Health
- Aureus Analytics
- Automatic Data Processing Inc
- Caradigm
- Care Evolutions
- Cerner Corporation
- Cisco Systems
- Citeline
- Citius Tech
- Claim Analytics
- Cleardata
- Cro Analytics
- Dashboardmd
- Dell, Inc
- Eclincial Works
- Emc2
- Emds, Inc
- Epic Systems
- Evident Llc
- Explory
- GE Healthcare IT
- Google
- Greenway Medical Technologies
- Healthcatalyst
- Healthland
- Hewlett-Packard
- IBM Corporation
- IBM Watson Health
- INET Soft, Inc
- INFOR
- Ihealth Analytics, Inc
- Informaticsiq-Healthcareiq
- Information Builders
- Intersystems
- Kronos
- Leaf Healthcare
- Lexis Nexis Risk Solutions
- Mckesson Corporation
- Medeanalytics, Inc
- Median Technologies
- Meditech, Inc
- Metric Insights
- Microsoft Corporation
- Musigma
- Netapp
- Nexgen Healthcare
- Next Gen Healthcare
- Nextech Systems
- Novation
- Nuemd
- Optum, Inc
- Oracle Corporation
- Perficient Healthcare Solutions
- Philips
- Practice Fusion
- Predilytics
- Predixion Software
- Qlik
- Rapid Insights
- Reed Group
- River Logics
- Rycan Technologies, Inc
- SAP AG
- Sas Institute
- Tableau Software
- Teradata Corporation
- Tibco Softare
- Verisk Analytics
- Viewics
- Visier
- Visualdx
- Vitreos Health
- Warwick Analytics
- Wellcentive
- Welldoc Communications, Inc
- Wipro
- Zebra Medical Vision Ltd
- Zyware
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