The future of the healthcare business intelligence (BI) market looks promising with opportunities in the provider, hospitals, physician practices/clinics, IDNs/MCOs/ACOs/HIEs, and payers industries.
The global healthcare business intelligence (BI) market is expected to grow with a CAGR of 14.8% from 2019 to 2024. The major drivers for this market are rising demand for reduction in healthcare costs, federal healthcare mandates boosting the uptake of BI solutions, rise in data availability, need to improve healthcare outcomes and enhance patient satisfaction, and increasing need for regulatory compliance & reporting.
A report of more than 150 pages is developed to help in your business decisions. To learn the scope of, benefits, companies researched and other details of the healthcare business intelligence (BI) market, then read this report.
The study includes the healthcare business intelligence (BI) market size and forecast for the global healthcare business intelligence (BI) market through 2024, segmented by technology, function, product, application, end use industry, and region as follows:
By Technology [$M shipment analysis for 2013-2024]:
- Traditional Business Intelligence
- Cloud Business Intelligence
- Mobile Business Intelligence
By Function [$M shipment analysis for 2013-2024]:
- Query and Reporting tools
- On-Line Analytical Processing (OLAP) and Visualization tools
- Performance Management/Monitoring & alerts
By Product [$M shipment analysis for 2013-2024]:
- Platform
- Software
- Services
By Application [$M shipment analysis for 2013-2024]:
- Clinical
- Clinical Care Optimization
- Physician Performance Benchmarking & Monitoring
- Regulatory Reporting & Compliance
- Financial Analysis
- Planning, Forecasting & Budgeting
- Revenue Cycle Management
- Claims Analysis
- Operational Performance & Cost Management
- Resource & Human Capital Management
- Service Line Analysis & Supply Chain Management
- Marketing Analysis
By End Use Industry [$M shipment analysis for 2013-2024]:
- Providers
- Hospitals
- Physician Practices/Clinics
- IDNs/MCOs/ACOs/HIEs
- Payers
By Region [$M shipment analysis for 2013-2024]:
- North America
- United States
- Canada
- Mexico
- Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Asia-Pacific
- China
- Japan
- India
- Rest of the World
- Brazil
Some of the healthcare business intelligence (BI) companies profiled in this report include Accenture, IBM Corporation, Information Builders, Microsoft Corporation, Microstrategy, Oracle Corporation, Qlik Technologies, SAP AG, SAS Institute, and Tableau Software.
Some of the features of 'Global Healthcare Business Intelligence (BI) Market 2019-2024: Trends, Forecast, and Opportunity Analysis' includes: -
- Market size estimates: Global healthcare business intelligence (BI) market size estimation in terms of value ($M) shipment.
- Trend and forecast analysis: Market trend (2013-2018) and forecast (2019-2024) by segments and region
- Segmentation analysis: Global market size by technology, function, product, application, end use industry, and region
- Regional analysis: Global healthcare business intelligence (BI) market breakdown by North America, Europe, Asia Pacific, and the Rest of the World
- Growth opportunities: Analysis on growth opportunities in different applications and regions for healthcare business intelligence (BI) in the global healthcare business intelligence (BI) market.
- Strategic analysis: This includes M&A, new product development, and competitive landscape for healthcare business intelligence (BI) in the global healthcare business intelligence (BI) market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers the following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the global healthcare business intelligence (BI) market by technology (traditional business intelligence, cloud business intelligence, and mobile business intelligence), function (query and reporting tools, on-line analytical processing (OLAP) and visualization tools, and performance management/monitoring & alerts), product (platform, software, and services), application (clinical, clinical care optimization, physician performance benchmarking & monitoring, regulatory reporting & compliance, financial analysis, planning, forecasting & budgeting, revenue cycle management, claims analysis, operational performance & cost management, resource & human capital management, service line analysis & supply chain management, and marketing analysis), end use industry (providers, hospitals, physician practices/clinics, IDNs/MCOs/ACOs/HIEs, and payers), and region (North America, Europe, Asia, and Rest of the World)
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the healthcare business intelligence (BI) market?
Q.5 What are the business risks and threats to the healthcare business intelligence (BI) market?
Q.6 What are emerging trends in this healthcare business intelligence (BI) market and the reasons behind them?
Q.7 What are some changing demands of customers in the healthcare business intelligence (BI) market?
Q.8 What are the new developments in the healthcare business intelligence (BI) market? Which companies are leading these developments?
Q.9 Who are the major players in this healthcare business intelligence (BI) market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this healthcare business intelligence (BI) area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this, healthcare business intelligence (BI) market?
Table of Contents
1. Executive Summary
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Accenture
- Ibm Corporation
- Information Builders
- Microsoft Corporation
- Microstrategy
- Oracle Corporation
- Qlik Technologies
- Sap Ag
- Sas Institute
- Tableau Software
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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