Market Research Report
Europe Healthcare Analytics Market Forecast 2019-2027
|Published by||Inkwood Research||Product code||728649|
|Published||Content info||87 Pages
Delivery time: 1-2 business days
|Europe Healthcare Analytics Market Forecast 2019-2027|
|Published: October 19, 2018||Content info: 87 Pages||
The CAGR for the European Healthcare analytics market is poised to grow at 27.03% between the forecast period of 2019-2027. The European healthcare system is facing similar challenges as the rest of the world, which includes controlling costs, managing population health and chronic diseases.
Collection of data is easier in single-payer systems which are predominantly available in Europe. Due to this, standardization and system interoperability issues are much smaller than in healthcare systems in other developed markets like the United States. However, government budget cuts due to the economic crisis have limited the resources available to fund health care and the willingness to pay for big data and analytics. This is a major reason for slower market growth. Being a fragmented and price sensitive market, there are also fewer incentives.
Prominent companies involved in the European healthcare analytics market are Cerner Corp, Allscripts, Healthcare Solutions Inc., Verisk Analytics, Elsevier B.V., Health, Catalyst, IBM Corp, Mckesson Corp, Medeanalytics, Mckesson Corp Optum Inc. (Part Of Unitedhealth Group Inc.), Sas Institute Inc and Oracle Corporation.