Market Research Report
Healthcare Business Intelligence- Global Market Outlook (2017-2026)
|Published by||Stratistics Market Research Consulting||Product code||825601|
|Published||Content info||148 Pages
Delivery time: 2-3 business days
|Healthcare Business Intelligence- Global Market Outlook (2017-2026)|
|Published: March 1, 2019||Content info: 148 Pages||
According to Stratistics MRC, the Global Healthcare Business IntelligenceMarket is accounted for $3.75billion in 2017 and is expected to reach $15.88billion by 2026 growing at a CAGR of 17.4% during the forecast period. Growing pressure to restrict healthcare expenses and recover patient outcomes,rising amount of patient registries and increasing adoption of data-driven decision-making are some of the key factors propelling the market growth. However, requirement of high investments and lack of flexibility are restraining the market growth.
Healthcare Business Intelligence can assist healthcare providers gain the insight they need to decrease expenses, augment revenue and recover patient safety and outcomes while complying with rules and standards. By providing a base for evidence-based clinical decision-making, Business Intelligence (BI) can help to recover patient outcomes and enable physicians to better monitor and forecast patient diagnoses.
Based on Application, Clinical Analysis segment holds the major growth during the forecast period owing to the increasing pressure to restrict healthcare spending, growing government incentives for getting betterquality and falling the cost of care, rising implementation of EHRs, and building patient registries.
By Geography,North America holds the significant market share during the forecast period due to the rising implementation of healthcare intelligence solutions and services by healthcare providers to offer enhanced quality care and inferior healthcare expenses. In addition Federal mandates and regulatory reforms are expected to drive the market in this region.
Some of the key players in global Healthcare Business Intelligencemarket are Microsoft, IBM, Accenture, Information Builders, Board International, Oracle, SAP AG, Qlik Technologies, Microstrategy, SAS Institute, Tableau Software, Sisense, Yellowfin International, Agilum Healthcare Intelligence, TIBCO Software Inc., Perficient, Inc. and Siemens Healthcare.
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Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.