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The Global Healthcare Analyticsmarket is expected to reach $49.23 billion by 2026 growing at a CAGR of 25.2% during 2018 to 2026.Healthcare analytics technology uses data for quantitative and qualitative analysis, is undergoing an industry transformation from volume-based medicines and reimbursement to value-based medicines and reimbursement. It has been increasingly occupying a vital role in global healthcare systems for boosting patient outcomes and improving the quality of care at affordable cost.Increasing awareness pertaining to personalized medicinesis driving market growth. On the other hand, lack of skilled IT professionals and issues pertaining to data integrityare hindering the market growth. Moreover, decrease for cloud-based analyticsone of the major opportunitiesfor the market growth. Based on Type, Prescriptive analyticssegment is anticipated to grow at significant market share during the forecast period owing to its facility to predict possible outcomes and its implications on key commerce metrics. It is moderately complex in nature with few players optimizing it to attain the best outcomes by identifying data doubts. The key vendors mentioned are Wipro, Vitreoshealth, SCIO Health Analytics (An EXL Company), SAS Institute Inc., Oracle, Optum, Medeanalytics, Mckesson, Inovalon, IBM, Health Catalyst, Cotiviti (Verscend Technologies), Citiustech, Cerner and Allscripts Healthcare Solutions. Components Covered: • Hardware • Services • Software Delivery Models Covered: • Web-based • On-Premise • On-Demand • Cloud-based Types Covered: • Prescriptive Analytics • Predictive Analytics • Descriptive Analytics • Cognitive Analytics Applications Covered: • Population Health Analytics • Operational & Administrative Analytics • Financial Analytics • Clinical Analytics End Users Covered: • Accountable Care Organizations (ACOs) • Biotechnology Industry • Clinics • Health information exchange (HIE) • Managed Care Organization (MCO) • Payers • Providers • Third-Party Administrator (TPA) • Other End Users Regions Covered: • North America • Europe • Asia Pacific • South America • Middle East & Africa Key Questions Answered in this Report: • How this market evolved since the year 2016 • Market size estimations, forecasts and CAGR for all the segments presented in the scope • Key Market Developments and financials of the key players • Opportunity Analysis for the new entrants • SWOT Analysis of the key players • Fastest growing markets analyzed during the forecast period
1 Market Synopsis
2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources
3 Market Dynamics
3.1 Drivers
3.2 Restraints
4 Market Environment
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 Component
5.1 Introduction
5.2 Hardware
5.3 Services
5.4 Software
6 Global Healthcare Analytics Market, By Delivery Model
6.1 Introduction
6.2 Web-based
6.3 On-Premise
6.4 On-Demand
6.5 Cloud-based
7 Global Healthcare Analytics Market, By Type
7.1 Introduction
7.2 Prescriptive Analytics
7.3 Predictive Analytics
7.4 Descriptive Analytics
7.5 Cognitive Analytics
8 Global Healthcare Analytics Market, By Application
8.1 Introduction
8.2 Population Health Analytics
8.3 Operational & Administrative Analytics
8.4 Financial Analytics
8.5 Clinical Analytics
9 Global Healthcare Analytics Market, By End User
9.1 Introduction
9.2 Accountable Care Organizations (ACOs)
9.3 Biotechnology Industry
9.4 Clinics
9.5 Health information exchange (HIE)
9.6 Managed Care Organization (MCO)
9.7 Payers
9.8 Providers
9.9 Third-Party Administrator (TPA)
9.10 Other End Users
10 Global Healthcare Analytics Market, By Geography
10.1 Introduction
10.2 North America
10.3 Europe
10.4 Asia Pacific
10.5 South America
10.6 Middle East & Africa
11 Strategic Benchmarking
12 Vendors Landscape
12.1 Wipro
12.2 Vitreoshealth
12.3 SCIO Health Analytics (An EXL Company)
12.4 SAS Institute Inc.
12.5 Oracle
12.6 Optum
12.7 Medeanalytics
12.8 Mckesson
12.9 Inovalon
12.10 IBM
12.11 Health Catalyst
12.12 Cotiviti (Verscend Technologies)
12.13 Citiustech
12.14 Cerner
12.15 Allscripts Healthcare Solutions
List of Data Tables
1 Global Healthcare Analytics Market Outlook, By Region (2016-2026) ($MN)
2 Global Healthcare Analytics Market Outlook, By Component (2016-2026) ($MN)
3 Global Healthcare Analytics Market Outlook, By Hardware (2016-2026) ($MN)
4 Global Healthcare Analytics Market Outlook, By Services (2016-2026) ($MN)
5 Global Healthcare Analytics Market Outlook, By Software (2016-2026) ($MN)
6 Global Healthcare Analytics Market Outlook, By Delivery Model (2016-2026) ($MN)
7 Global Healthcare Analytics Market Outlook, By Web-based (2016-2026) ($MN)
8 Global Healthcare Analytics Market Outlook, By On-Premise (2016-2026) ($MN)
9 Global Healthcare Analytics Market Outlook, By On-Demand (2016-2026) ($MN)
10 Global Healthcare Analytics Market Outlook, By Cloud-based (2016-2026) ($MN)
11 Global Healthcare Analytics Market Outlook, By Type (2016-2026) ($MN)
12 Global Healthcare Analytics Market Outlook, By Prescriptive Analytics (2016-2026) ($MN)
13 Global Healthcare Analytics Market Outlook, By Predictive Analytics (2016-2026) ($MN)
14 Global Healthcare Analytics Market Outlook, By Descriptive Analytics (2016-2026) ($MN)
15 Global Healthcare Analytics Market Outlook, By Cognitive Analytics (2016-2026) ($MN)
16 Global Healthcare Analytics Market Outlook, By Application (2016-2026) ($MN)
17 Global Healthcare Analytics Market Outlook, By Population Health Analytics (2016-2026) ($MN)
18 Global Healthcare Analytics Market Outlook, By Operational & Administrative Analytics (2016-2026) ($MN)
19 Global Healthcare Analytics Market Outlook, By Financial Analytics (2016-2026) ($MN)
20 Global Healthcare Analytics Market Outlook, By Clinical Analytics (2016-2026) ($MN)
21 Global Healthcare Analytics Market Outlook, By End User (2016-2026) ($MN)
22 Global Healthcare Analytics Market Outlook, By Accountable Care Organizations (ACOs) (2016-2026) ($MN)
23 Global Healthcare Analytics Market Outlook, By Biotechnology Industry (2016-2026) ($MN)
24 Global Healthcare Analytics Market Outlook, By Clinics (2016-2026) ($MN)
25 Global Healthcare Analytics Market Outlook, By Health information exchange (HIE) (2016-2026) ($MN)
26 Global Healthcare Analytics Market Outlook, By Managed Care Organization (MCO) (2016-2026) ($MN)
27 Global Healthcare Analytics Market Outlook, By Payers (2016-2026) ($MN)
28 Global Healthcare Analytics Market Outlook, By Providers (2016-2026) ($MN)
29 Global Healthcare Analytics Market Outlook, By Third-Party Administrator (TPA) (2016-2026) ($MN)
30 Global Healthcare Analytics Market Outlook, By Other End Users (2016-2026) ($MN)