Global Healthcare Business Intelligence Market Analysis 2020

The Global Healthcare Business Intelligence market is expected to reach $15.88 billion by 2026 growing at a CAGR of 17.4% during 2019 to 2026. Healthcare business intelligence is a technology-driven process wherein a wide range of technologies and strategies are used by healthcare organizations to collect data from all the sources in the unit and arrange it in an easily understandable way for analysis. These solutions help a user to improve its efficiency and productivity for various applications such as financial, patient care, workforce, and administration analysis. 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. Factors such as implementation of government initiatives to increase EHR adoption, growing adoption of data-driven decision-making, growing pressure to curb healthcare spending and improve patient outcomes, big data in healthcare, and the increasing number of patient registries are propelling the market growth. However, requirement of high investments may hinder the market growth. Amongst component, software emerged as one of the key potential segments, mainly owing to its wide usage in healthcare industry. Growing need for efficient management of workflows in the healthcare facilities, and increasing demand for personalized and customized information in emerging economies are driving growth of the software market. The adoption of healthcare BI software is majorly increasing due to the growing need to manage financial operations. These applications are continuously evolving and focus on enhancing the patient outcomes along with real-time sharing of patients’ data. BI software further allows identifying which services offered by healthcare organizations are most profitable and which ones are underused. This allows organizations to make necessary changes and to generate maximum profit. The key vendors mentioned are SAP SE, Microsoft, IBM Corporation, Oracle, Sisense Inc., SAS Institute Inc., Salesforce, QlikTech International AB, Information Builders, Looker Data Sciences Inc., Yellowfin International Pty Ltd, Board International, Perficient, Inc., TIBCO Software Inc., Infor., Domo, Inc, TABLEAU SOFTWARE, MicroStrategy Incorporated., OpenText Corporation, and Accenture Plc. Functions Covered: • Performance Management/ Monitoring & Alerts • Query & Reporting Tools • OLAP and Visualization Tools Components Covered: • Services • Platforms • Software Deployment Models Covered: • On-premise Model • Hybrid Model • Cloud-based Model Applications Covered: • Operational Analysis • Financial Analysis • Clinical Analysis • Patient Care Analysis • Marketing Analysis • Predicting Patient Needs • Reporting Efficiency • Improving Response Rates • Mining Data to Treat Diseases • Identifying At-Risk Patients End Users Covered: • Healthcare Providers • Payers • Healthcare Manufacturers • Physician Practices/Clinics • Health Information Exchanges (HIEs) • Accountable Care Organizations (ACOs) • Integrated Delivery Networks (IDNs) • Third-Party Administrators (TPAs) • Managed Care Organizations (MCOs) • Pharmaceutical and Biotechnology Companies • Medical Device Companies • Biomedical Research Centres Technologies Covered: • Mobile BI • Traditional BI • Cloud BI • Typical Architecture BI • Big Data • Artificial Intelligence Types Covered: • Predictive • Descriptive • Prescriptive • Centralization of Electronic Health Records • The Social Media Wave • Personal Health Apps and Devices 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 2018 • 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 analysed 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 Business Intelligence Market, By Function
5.1 Introduction
5.2 Performance Management/ Monitoring & Alerts
5.3 Query & Reporting Tools
5.4 OLAP and Visualization Tools

6 Global Healthcare Business Intelligence Market, By Component
6.1 Introduction
6.2 Services
6.3 Platforms
6.4 Software

7 Global Healthcare Business Intelligence Market, By Deployment Model
7.1 Introduction
7.2 On-premise Model
7.3 Hybrid Model
7.4 Cloud-based Model

8 Global Healthcare Business Intelligence Market, By Application
8.1 Introduction
8.2 Operational Analysis
8.3 Financial Analysis
8.4 Clinical Analysis
8.5 Patient Care Analysis
8.6 Marketing Analysis
8.7 Predicting Patient Needs
8.8 Reporting Efficiency
8.9 Improving Response Rates
8.10 Mining Data to Treat Diseases
8.11 Identifying At-Risk Patients

9 Global Healthcare Business Intelligence Market, By End User
9.1 Introduction
9.2 Healthcare Providers
9.3 Payers
9.4 Healthcare Manufacturers
9.5 Physician Practices/Clinics
9.6 Health Information Exchanges (HIEs)
9.7 Accountable Care Organizations (ACOs)
9.8 Integrated Delivery Networks (IDNs)
9.9 Third-Party Administrators (TPAs)
9.10 Managed Care Organizations (MCOs)
9.11 Pharmaceutical and Biotechnology Companies
9.12 Medical Device Companies
9.13 Biomedical Research Centres

10 Global Healthcare Business Intelligence Market, By Technology
10.1 Introduction
10.2 Mobile BI
10.3 Traditional BI
10.4 Cloud BI
10.5 Typical Architecture BI
10.6 Big Data
10.7 Artificial Intelligence

11 Global Healthcare Business Intelligence Market, By Type
11.1 Introduction
11.2 Predictive
11.3 Descriptive
11.4 Prescriptive
11.5 Centralization of Electronic Health Records
11.6 The Social Media Wave
11.7 Personal Health Apps and Devices

12 Global Healthcare Business Intelligence Market, By Geography
12.1 Introduction
12.2 North America
12.3 Europe
12.4 Asia Pacific
12.5 South America
12.6 Middle East & Africa

13 Strategic Benchmarking

14 Vendors Landscape
14.1 SAP SE
14.2 Microsoft
14.3 IBM Corporation
14.4 Oracle
14.5 Sisense Inc.
14.6 SAS Institute Inc.
14.7 Salesforce
14.8 QlikTech International AB
14.9 Information Builders
14.10 Looker Data Sciences Inc.
14.11 Yellowfin International Pty Ltd
14.12 Board International
14.13 Perficient, Inc.
14.14 TIBCO Software Inc.
14.15 Infor.
14.16 Domo, Inc
14.17 TABLEAU SOFTWARE
14.18 MicroStrategy Incorporated.
14.19 OpenText Corporation
14.20 Accenture Plc

List of Data Tables
Table 1 Global Healthcare Business Intelligence Market Outlook, By Region (2018-2026) ($MN)
Table 2 Global Healthcare Business Intelligence Market Outlook, By Function (2018-2026) ($MN)
Table 3 Global Healthcare Business Intelligence Market Outlook, By Performance Management/ Monitoring & Alerts (2018-2026) ($MN)
Table 4 Global Healthcare Business Intelligence Market Outlook, By Query & Reporting Tools (2018-2026) ($MN)
Table 5 Global Healthcare Business Intelligence Market Outlook, By OLAP and Visualization Tools (2018-2026) ($MN)
Table 6 Global Healthcare Business Intelligence Market Outlook, By Component (2018-2026) ($MN)
Table 7 Global Healthcare Business Intelligence Market Outlook, By Services (2018-2026) ($MN)
Table 8 Global Healthcare Business Intelligence Market Outlook, By Platforms (2018-2026) ($MN)
Table 9 Global Healthcare Business Intelligence Market Outlook, By Software (2018-2026) ($MN)
Table 10 Global Healthcare Business Intelligence Market Outlook, By Deployment Model (2018-2026) ($MN)
Table 11 Global Healthcare Business Intelligence Market Outlook, By On-premise Model (2018-2026) ($MN)
Table 12 Global Healthcare Business Intelligence Market Outlook, By Hybrid Model (2018-2026) ($MN)
Table 13 Global Healthcare Business Intelligence Market Outlook, By Cloud-based Model (2018-2026) ($MN)
Table 14 Global Healthcare Business Intelligence Market Outlook, By Application (2018-2026) ($MN)
Table 15 Global Healthcare Business Intelligence Market Outlook, By Operational Analysis (2018-2026) ($MN)
Table 16 Global Healthcare Business Intelligence Market Outlook, By Financial Analysis (2018-2026) ($MN)
Table 17 Global Healthcare Business Intelligence Market Outlook, By Clinical Analysis (2018-2026) ($MN)
Table 18 Global Healthcare Business Intelligence Market Outlook, By Patient Care Analysis (2018-2026) ($MN)
Table 19 Global Healthcare Business Intelligence Market Outlook, By Marketing Analysis (2018-2026) ($MN)
Table 20 Global Healthcare Business Intelligence Market Outlook, By Predicting Patient Needs (2018-2026) ($MN)
Table 21 Global Healthcare Business Intelligence Market Outlook, By Reporting Efficiency (2018-2026) ($MN)
Table 22 Global Healthcare Business Intelligence Market Outlook, By Improving Response Rates (2018-2026) ($MN)
Table 23 Global Healthcare Business Intelligence Market Outlook, By Mining Data to Treat Diseases (2018-2026) ($MN)
Table 24 Global Healthcare Business Intelligence Market Outlook, By Identifying At-Risk Patients (2018-2026) ($MN)
Table 25 Global Healthcare Business Intelligence Market Outlook, By End User (2018-2026) ($MN)
Table 26 Global Healthcare Business Intelligence Market Outlook, By Healthcare Providers (2018-2026) ($MN)
Table 27 Global Healthcare Business Intelligence Market Outlook, By Payers (2018-2026) ($MN)
Table 28 Global Healthcare Business Intelligence Market Outlook, By Healthcare Manufacturers (2018-2026) ($MN)
Table 29 Global Healthcare Business Intelligence Market Outlook, By Physician Practices/Clinics (2018-2026) ($MN)
Table 30 Global Healthcare Business Intelligence Market Outlook, By Health Information Exchanges (HIEs) (2018-2026) ($MN)
Table 31 Global Healthcare Business Intelligence Market Outlook, By Accountable Care Organizations (ACOs) (2018-2026) ($MN)
Table 32 Global Healthcare Business Intelligence Market Outlook, By Integrated Delivery Networks (IDNs) (2018-2026) ($MN)
Table 33 Global Healthcare Business Intelligence Market Outlook, By Third-Party Administrators (TPAs) (2018-2026) ($MN)
Table 34 Global Healthcare Business Intelligence Market Outlook, By Managed Care Organizations (MCOs) (2018-2026) ($MN)
Table 35 Global Healthcare Business Intelligence Market Outlook, By Pharmaceutical and Biotechnology Companies (2018-2026) ($MN)
Table 36 Global Healthcare Business Intelligence Market Outlook, By Medical Device Companies (2018-2026) ($MN)
Table 37 Global Healthcare Business Intelligence Market Outlook, By Biomedical Research Centres (2018-2026) ($MN)
Table 38 Global Healthcare Business Intelligence Market Outlook, By Technology (2018-2026) ($MN)
Table 39 Global Healthcare Business Intelligence Market Outlook, By Mobile BI (2018-2026) ($MN)
Table 40 Global Healthcare Business Intelligence Market Outlook, By Traditional BI (2018-2026) ($MN)
Table 41 Global Healthcare Business Intelligence Market Outlook, By Cloud BI (2018-2026) ($MN)
Table 42 Global Healthcare Business Intelligence Market Outlook, By Typical Architecture BI (2018-2026) ($MN)
Table 43 Global Healthcare Business Intelligence Market Outlook, By Big Data (2018-2026) ($MN)
Table 44 Global Healthcare Business Intelligence Market Outlook, By Artificial Intelligence (2018-2026) ($MN)
Table 45 Global Healthcare Business Intelligence Market Outlook, By Type (2018-2026) ($MN)
Table 46 Global Healthcare Business Intelligence Market Outlook, By Predictive (2018-2026) ($MN)
Table 47 Global Healthcare Business Intelligence Market Outlook, By Descriptive (2018-2026) ($MN)
Table 48 Global Healthcare Business Intelligence Market Outlook, By Prescriptive (2018-2026) ($MN)
Table 49 Global Healthcare Business Intelligence Market Outlook, By Centralization of Electronic Health Records (2018-2026) ($MN)
Table 50 Global Healthcare Business Intelligence Market Outlook, By The Social Media Wave (2018-2026) ($MN)
Table 51 Global Healthcare Business Intelligence Market Outlook, By Personal Health Apps and Devices (2018-2026) ($MN)
Table 52 North America Healthcare Business Intelligence Market Outlook, By Function (2018-2026) ($MN)
Table 53 North America Healthcare Business Intelligence Market Outlook, By Component (2018-2026) ($MN)
Table 54 North America Healthcare Business Intelligence Market Outlook, By Deployment Model (2018-2026) ($MN)
Table 55 North America Healthcare Business Intelligence Market Outlook, By Application (2018-2026) ($MN)
Table 56 North America Healthcare Business Intelligence Market Outlook, By End User (2018-2026) ($MN)
Table 57 North America Healthcare Business Intelligence Market Outlook, By Technology (2018-2026) ($MN)
Table 58 North America Healthcare Business Intelligence Market Outlook, By Type (2018-2026) ($MN)
Table 59 Europe Healthcare Business Intelligence Market Outlook, By Function (2018-2026) ($MN)
Table 60 Europe Healthcare Business Intelligence Market Outlook, By Component (2018-2026) ($MN)
Table 61 Europe Healthcare Business Intelligence Market Outlook, By Deployment Model (2018-2026) ($MN)
Table 62 Europe Healthcare Business Intelligence Market Outlook, By Application (2018-2026) ($MN)
Table 63 Europe Healthcare Business Intelligence Market Outlook, By End User (2018-2026) ($MN)
Table 64 Europe Healthcare Business Intelligence Market Outlook, By Technology (2018-2026) ($MN)
Table 65 Europe Healthcare Business Intelligence Market Outlook, By Type (2018-2026) ($MN)
Table 66 Asia Pacific Healthcare Business Intelligence Market Outlook, By Function (2018-2026) ($MN)
Table 67 Asia Pacific Healthcare Business Intelligence Market Outlook, By Component (2018-2026) ($MN)
Table 68 Asia Pacific Healthcare Business Intelligence Market Outlook, By Deployment Model (2018-2026) ($MN)
Table 69 Asia Pacific Healthcare Business Intelligence Market Outlook, By Application (2018-2026) ($MN)
Table 70 Asia Pacific Healthcare Business Intelligence Market Outlook, By End User (2018-2026) ($MN)
Table 71 Asia Pacific Healthcare Business Intelligence Market Outlook, By Technology (2018-2026) ($MN)
Table 72 Asia Pacific Healthcare Business Intelligence Market Outlook, By Type (2018-2026) ($MN)
Table 73 South America Healthcare Business Intelligence Market Outlook, By Function (2018-2026) ($MN)
Table 74 South America Healthcare Business Intelligence Market Outlook, By Component (2018-2026) ($MN)
Table 75 South America Healthcare Business Intelligence Market Outlook, By Deployment Model (2018-2026) ($MN)
Table 76 South America Healthcare Business Intelligence Market Outlook, By Application (2018-2026) ($MN)
Table 77 South America Healthcare Business Intelligence Market Outlook, By End User (2018-2026) ($MN)
Table 78 South America Healthcare Business Intelligence Market Outlook, By Technology (2018-2026) ($MN)
Table 79 South America Healthcare Business Intelligence Market Outlook, By Type (2018-2026) ($MN)
Table 80 Middle East & Africa Healthcare Business Intelligence Market Outlook, By Function (2018-2026) ($MN)
Table 81 Middle East & Africa Healthcare Business Intelligence Market Outlook, By Component (2018-2026) ($MN)
Table 82 Middle East & Africa Healthcare Business Intelligence Market Outlook, By Deployment Model (2018-2026) ($MN)
Table 83 Middle East & Africa Healthcare Business Intelligence Market Outlook, By Application (2018-2026) ($MN)
Table 84 Middle East & Africa Healthcare Business Intelligence Market Outlook, By End User (2018-2026) ($MN)
Table 85 Middle East & Africa Healthcare Business Intelligence Market Outlook, By Technology (2018-2026) ($MN)
Table 86 Middle East & Africa Healthcare Business Intelligence Market Outlook, By Type (2018-2026) ($MN)