Market Research Report

Product code

1032473

Healthcare Analytics Market Forecasts to 2028 - Global Analysis By Type (Predictive, Cognitive), Component (Services, Software), Application (Financial Analytics, Administrative Analytics) and By Geography

Published: October 1, 2021 |

Stratistics Market Research Consulting | 200+ Pages | Delivery time: 2-3 business days

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Description
Table of Contents
List of Tables

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According to Stratistics MRC, the Global Healthcare Analytics Market is accounted for $23.60 billion in 2020 and is expected to reach $114.31 billion by 2028 growing at a CAGR of 21.8% during the forecast period. Government initiatives to increase EHR adoption, growing venture capital investments and growing focus on real-world evidence are driving the market growth. However, high cost of analytics solutions and lack of skilled workforce are hampering the growth of the market.

Healthcare analytics provide real-time data that can help decide the course of future treatment of the patient and allows healthcare professionals to find opportunities to improve operations, patient engagement, care delivery, and clinical outcomes. Healthcare analytics solutions use vast amounts of collected data to provide organizations with actionable insights.

Based on the type, the descriptive analytics segment is going to have lucrative growth during the forecast period owing to the rising demand based on historic trends and datasets to acquire data-enriched insights to help businesses understand the current scenario more accurately. By geography, Asia Pacific is going to have high growth during the forecast period due to the growing e-health initiatives in developing nations of Asia-Pacific. Moreover, the adoption of advanced analytical solutions and the emergence of start-ups are boosting the growth and development of the market in the region.

Some of the key players profiled in the Healthcare Analytics Market include

IBM, SCIO Health Analytics, Oracle, Health Catalyst, Wipro, VitreosHealth, McKesson Corporation, Medeanalytics, Inc., Optum, Inc., Cerner Corporation, Allscripts Healthcare Solutions, Inc., Verisk Analytics, Inc., IQVIA and SAS Institute Inc.

Types Covered:

Predictive Analytics
Cognitive Analytics
Descriptive Analytics
Prescriptive Analytics

Components Covered:

Services
Software
Hardware

Applications Covered:

Population Health Analytics
Clinical Analytics
Financial Analytics
Operation and Administrative Analytics

Mode of Deliveries Covered:

On-Premise
Cloud Based
Web Hosted
On-Demand

End Users Covered:

Academic Organizations
Cross Industry
Pharmaceutical Industry
Life Science Companies
Healthcare Providers
Biotechnology Industry
Accountable Care Organizations (ACOs), Health Information Exchanges (HIEs), Managed Care Organizations (MCOs), and Third-Party Administrators (TPAs)
Electronic Medical Record (EMR) & Electronic Health Record (EHR) Vendors
Healthcare Payers

Regions Covered:

North America
- US
- Canada
- Mexico
Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
South America
- Argentina
- Brazil
- Chile
- Rest of South America
Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa

What our report offers:

Market share assessments for the regional and country-level segments
Strategic recommendations for the new entrants
Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Product Code: SMRC20989

1 Executive Summary

2 Preface

2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions

3 Market Trend Analysis

3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19

4 Porters Five Force Analysis

4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Healthcare Analytics Market, By Type

5.1 Introduction
5.2 Predictive Analytics
5.3 Cognitive Analytics
5.4 Descriptive Analytics
5.5 Prescriptive Analytics

6 Global Healthcare Analytics Market, By Component

6.1 Introduction
6.2 Services
- 6.2.1 Business Analytics Services
- 6.2.2 Support Services
6.3 Software
6.4 Hardware

7 Global Healthcare Analytics Market, By Application

7.1 Introduction
7.2 Population Health Analytics
7.3 Clinical Analytics
- 7.3.1 Precision Health
- 7.3.2 Clinical Decision Support (CDS)
- 7.3.3 Comparative Analytics/Effectiveness
- 7.3.4 Reporting & Compliance
- 7.3.5 Medical Imaging Analytics
- 7.3.6 Quality Improvement & Clinical Benchmarking
7.4 Financial Analytics
- 7.4.1 Payment Integrity & Fraud, Waste, and Abuse (FWA)
- 7.4.2 Claims Processing
- 7.4.3 Risk Adjustment & Assessment
- 7.4.4 Revenue Cycle Management (RCM)
7.5 Operation and Administrative Analytics
- 7.5.1 Workforce Analytics
- 7.5.2 Supply Chain Analytics
- 7.5.3 Strategic Analytics

8 Global Healthcare Analytics Market, By Mode of Delivery

8.1 Introduction
8.2 On-Premise
8.3 Cloud Based
8.4 Web Hosted
8.5 On-Demand

9 Global Healthcare Analytics Market, By End User

9.1 Introduction
9.2 Academic Organizations
9.3 Cross Industry
9.4 Pharmaceutical Industry
9.5 Life Science Companies
9.6 Healthcare Providers
- 9.6.1 Ambulatory Settings
- 9.6.2 Post-Acute Care Organizations (PACOs)
- 9.6.3 Hospitals & Clinics, Physician Practices, and Integrated Delivery Networks (IDNs)
9.7 Biotechnology Industry
9.8 Accountable Care Organizations (ACOs), Health Information Exchanges (HIEs), Managed Care Organizations (MCOs), and Third-Party Administrators (TPAs)
9.9 Electronic Medical Record (EMR) & Electronic Health Record (EHR) Vendors
9.10 Healthcare Payers
- 9.10.1 Employers and Private Exchanges
- 9.10.2 Government Agencies
- 9.10.3 Private Insurance Companies

10 Global Healthcare Analytics Market, By Geography

10.1 Introduction
10.2 North America
- 10.2.1 US
- 10.2.2 Canada
- 10.2.3 Mexico
10.3 Europe
- 10.3.1 Germany
- 10.3.2 UK
- 10.3.3 Italy
- 10.3.4 France
- 10.3.5 Spain
- 10.3.6 Rest of Europe
10.4 Asia Pacific
- 10.4.1 Japan
- 10.4.2 China
- 10.4.3 India
- 10.4.4 Australia
- 10.4.5 New Zealand
- 10.4.6 South Korea
- 10.4.7 Rest of Asia Pacific
10.5 South America
- 10.5.1 Argentina
- 10.5.2 Brazil
- 10.5.3 Chile
- 10.5.4 Rest of South America
10.6 Middle East & Africa
- 10.6.1 Saudi Arabia
- 10.6.2 UAE
- 10.6.3 Qatar
- 10.6.4 South Africa
- 10.6.5 Rest of Middle East & Africa

11 Key Developments

11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies

12 Company Profiling

12.1 IBM
12.2 SCIO Health Analytics
12.3 Oracle
12.4 Health Catalyst
12.5 Wipro
12.6 VitreosHealth
12.7 McKesson Corporation
12.8 Medeanalytics, Inc.
12.9 Optum, Inc.
12.10 Cerner Corporation
12.11 Allscripts Healthcare Solutions, Inc.
12.12 Verisk Analytics, Inc.
12.13 IQVIA
12.14 SAS Institute Inc.

List of Tables

Table 1 Global Healthcare Analytics Market Outlook, By Region (2019-2028) ($MN)
Table 2 Global Healthcare Analytics Market Outlook, By Type (2019-2028) ($MN)
Table 3 Global Healthcare Analytics Market Outlook, By Predictive Analytics (2019-2028) ($MN)
Table 4 Global Healthcare Analytics Market Outlook, By Cognitive Analytics (2019-2028) ($MN)
Table 5 Global Healthcare Analytics Market Outlook, By Descriptive Analytics (2019-2028) ($MN)
Table 6 Global Healthcare Analytics Market Outlook, By Prescriptive Analytics (2019-2028) ($MN)
Table 7 Global Healthcare Analytics Market Outlook, By Component (2019-2028) ($MN)
Table 8 Global Healthcare Analytics Market Outlook, By Services (2019-2028) ($MN)
Table 9 Global Healthcare Analytics Market Outlook, By Business Analytics Services (2019-2028) ($MN)
Table 10 Global Healthcare Analytics Market Outlook, By Support Services (2019-2028) ($MN)
Table 11 Global Healthcare Analytics Market Outlook, By Software (2019-2028) ($MN)
Table 12 Global Healthcare Analytics Market Outlook, By Hardware (2019-2028) ($MN)
Table 13 Global Healthcare Analytics Market Outlook, By Application (2019-2028) ($MN)
Table 14 Global Healthcare Analytics Market Outlook, By Population Health Analytics (2019-2028) ($MN)
Table 15 Global Healthcare Analytics Market Outlook, By Clinical Analytics (2019-2028) ($MN)
Table 16 Global Healthcare Analytics Market Outlook, By Precision Health (2019-2028) ($MN)
Table 17 Global Healthcare Analytics Market Outlook, By Clinical Decision Support (CDS) (2019-2028) ($MN)
Table 18 Global Healthcare Analytics Market Outlook, By Comparative Analytics/Effectiveness (2019-2028) ($MN)
Table 19 Global Healthcare Analytics Market Outlook, By Reporting & Compliance (2019-2028) ($MN)
Table 20 Global Healthcare Analytics Market Outlook, By Medical Imaging Analytics (2019-2028) ($MN)
Table 21 Global Healthcare Analytics Market Outlook, By Quality Improvement & Clinical Benchmarking (2019-2028) ($MN)
Table 22 Global Healthcare Analytics Market Outlook, By Financial Analytics (2019-2028) ($MN)
Table 23 Global Healthcare Analytics Market Outlook, By Payment Integrity & Fraud, Waste, and Abuse (FWA) (2019-2028) ($MN)
Table 24 Global Healthcare Analytics Market Outlook, By Claims Processing (2019-2028) ($MN)
Table 25 Global Healthcare Analytics Market Outlook, By Risk Adjustment & Assessment (2019-2028) ($MN)
Table 26 Global Healthcare Analytics Market Outlook, By Revenue Cycle Management (RCM) (2019-2028) ($MN)
Table 27 Global Healthcare Analytics Market Outlook, By Operation and Administrative Analytics (2019-2028) ($MN)
Table 28 Global Healthcare Analytics Market Outlook, By Workforce Analytics (2019-2028) ($MN)
Table 29 Global Healthcare Analytics Market Outlook, By Supply Chain Analytics (2019-2028) ($MN)
Table 30 Global Healthcare Analytics Market Outlook, By Strategic Analytics (2019-2028) ($MN)
Table 31 Global Healthcare Analytics Market Outlook, By Mode of Delivery (2019-2028) ($MN)
Table 32 Global Healthcare Analytics Market Outlook, By On-Premise (2019-2028) ($MN)
Table 33 Global Healthcare Analytics Market Outlook, By Cloud Based (2019-2028) ($MN)
Table 34 Global Healthcare Analytics Market Outlook, By Web Hosted (2019-2028) ($MN)
Table 35 Global Healthcare Analytics Market Outlook, By On-Demand (2019-2028) ($MN)
Table 36 Global Healthcare Analytics Market Outlook, By End User (2019-2028) ($MN)
Table 37 Global Healthcare Analytics Market Outlook, By Academic Organizations (2019-2028) ($MN)
Table 38 Global Healthcare Analytics Market Outlook, By Cross Industry (2019-2028) ($MN)
Table 39 Global Healthcare Analytics Market Outlook, By Pharmaceutical Industry (2019-2028) ($MN)
Table 40 Global Healthcare Analytics Market Outlook, By Life Science Companies (2019-2028) ($MN)
Table 41 Global Healthcare Analytics Market Outlook, By Healthcare Providers (2019-2028) ($MN)
Table 42 Global Healthcare Analytics Market Outlook, By Ambulatory Settings (2019-2028) ($MN)
Table 43 Global Healthcare Analytics Market Outlook, By Post-Acute Care Organizations (PACOs) (2019-2028) ($MN)
Table 44 Global Healthcare Analytics Market Outlook, By Hospitals & Clinics, Physician Practices, and Integrated Delivery Networks (IDNs) (2019-2028) ($MN)
Table 45 Global Healthcare Analytics Market Outlook, By Biotechnology Industry (2019-2028) ($MN)
Table 46 Global Healthcare Analytics Market Outlook, By Accountable Care Organizations (ACOs), Health Information Exchanges (HIEs), Managed Care Organizations (MCOs), and Third-Party Administrators (TPAs) (2019-2028) ($MN)
Table 47 Global Healthcare Analytics Market Outlook, By Electronic Medical Record (EMR) & Electronic Health Record (EHR) Vendors (2019-2028) ($MN)
Table 48 Global Healthcare Analytics Market Outlook, By Healthcare Payers (2019-2028) ($MN)
Table 49 Global Healthcare Analytics Market Outlook, By Employers and Private Exchanges (2019-2028) ($MN)
Table 50 Global Healthcare Analytics Market Outlook, By Government Agencies (2019-2028) ($MN)
Table 51 Global Healthcare Analytics Market Outlook, By Private Insurance Companies (2019-2028) ($MN)