Global Bentonite Market Growth, Market Insights and Forecast to 2025Posted by rekha on November 26th, 2019 “The Global Healthcare Analytics Market was valued around US$ 13.5 Bn by 2018 and growing at a significant CAGR of 25.6% over next seven years 2019-2025 due to emergence of big data and technological advancements” The global healthcare analytics market accounted for US$ 13.5 Bn in 2018 and burgeoning over the forthcoming years. Growing venture capital investments, rising focus on real-world evidence, government initiatives to increase EHR adoption, favorable government initiatives, emergence of big data and technological advancements are some key factors fueling the market growth. However, factors such as high cost & complexity of software, lack of skilled labor and operational gaps between payers and providers are hindering the market growth. In addition, increasing number of patients and development of social media and its control on healthcare industry provides huge growth opportunity for the market growth Global healthcare analytics market segmented on the basis of type, application, component, end-use and region. Request for Sample Report @ https://www.precisionbusinessinsights.com/request-sample?product_id=17077 Descriptive Analytics dominate the Global Healthcare Analytics Market Based on type, global healthcare analytics market is segmented into descriptive analytics, predictive analytics, prescriptive analytics and others. Descriptive Analytics held considerable market growth during estimated period.Descriptive analytics is a preliminary stage of data processing that creates a summary of historical data to yield useful information and possibly prepare the data for further analysis.Descriptive Analytics helps to describe and present data in a format which can be easily understood by a wide variety of business readers. Descriptive Analytics rarely attempts to investigate or establish cause and effect relationships. As this form of analytics doesn’t usually probes beyond surface analysis, the validity of results is more easily implemented. North America Leads the Global Healthcare Analytics market PBI’s global healthcare analytics market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. According to regional analysis.North America accounted for larger revenue share in global healthcare analytics market with considerable CAGR. The growth in this region is due to existence of several globally prominent players and rising acceptance of healthcare analytics solutions and services by healthcare providers. U.S is the major contributor for the market growth in the region. Further, Asia Pacific held substantial market growth during estimated period owing to rising use of healthcare analytics to manage a large amount of data generated by healthcare-providing companies. Strategic New Product Launches are the key strategies adopted by market players Global healthcare analytics market further reveals that the key players increasingly accepting strategies such as approvals of the new products, launch of newer products, recurrent product approvals, and long term alliance to improve market revenue share and gaining significant geographic presence across the regions. For Instance, In 2016 March, Advera Health Analytics launched Evidex, a web-based platform with structured real-world drug evidence which combines annotated data from curated clinical trial results. Key player’s profiles in the report are Allscripts Health Solutions (U.S.), Cerner Corporation (U.S.), BM Corporation (U.S.), Health Catalyst (U.S.)., HP Development Company, L.P.(U.S.), Inovalon (U.S.), McKesson Corporation (U.S.), Mede Analytics, Inc. (U.S.), Oracle Corporation (U.S.), Optum, Inc. (U.S.), Verisk Analytics (U.S.) and SAS Institute, Inc. (U.S.). Precision Business Insights (PBI) in its report titled “Global Healthcare Analytics Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period. Moreover, the report also includes the total revenue and volume for the market. Detailed Segmentation
By Type o Descriptive Analytics o Predictive Analytics o Prescriptive Analytics o Others
By Application o Population Health Analytics o Financial Analytics o Claims Processing o Revenue Cycle Management (RCM) o Payment Integrity o Risk Adjustment o Fraud, Waste, and Abuse (FWA) o Clinical Analytics
By Component o Hardware o Software o Services
By End-Use o Hospitals o Clinics o Others
By Geography o North America
o Europe
o Asia-Pacific
o Latin America
o Middle East and Africa (MEA)
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