These professionals lack high technical and statistical knowledge to operate healthcare analytical solutions. 13 COMPANY PROFILES (Page No. Healthcare analytics is defined as the effective utilisation of data and related business insights built through predictive, comparative, qualitative, cognitive, and other upcoming employed analytical models. IBM Corporation, OptumHealth, Inc, McKesson Corporation, Allscripts Healthcare Solutions, Inc., and Cerner Corporation, among many others, are the renowned industry participants. - 124) 11.1 INTRODUCTION TABLE 65 HEALTHCARE ANALYTICS MARKET, BY REGION, 20192026 (USD MILLION) 11.2 NORTH AMERICA FIGURE 26 NORTH AMERICA: HEALTHCARE ANALYTICS MARKET SNAPSHOT (2020) TABLE 66 NORTH AMERICA: MARKET, BY COUNTRY, 20192026 (USD MILLION) TABLE 67 NORTH AMERICA: MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 68 NORTH AMERICA: MARKET, BY APPLICATION, 20192026 (USD MILLION) TABLE 69 NORTH AMERICA: FINANCIAL ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 70 NORTH AMERICA: CLINICAL ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 71 NORTH AMERICA: OPERATIONAL & ADMINISTRATIVE ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 72 NORTH AMERICA: MARKET, BY COMPONENT, 20192026 (USD MILLION) TABLE 73 NORTH AMERICA: MARKET FOR SERVICES, BY TYPE, 20192026 (USD MILLION) TABLE 74 NORTH AMERICA: MARKET, BY DEPLOYMENT MODEL, 20192026 (USD MILLION) TABLE 75 NORTH AMERICA: MARKET, BY END USER, 20192026 (USD MILLION) TABLE 76 NORTH AMERICA: MARKET FOR PAYERS, BY TYPE, 20192026 (USD MILLION) TABLE 77 NORTH AMERICA: MARKET FOR PROVIDERS, BY TYPE, 20192026 (USD MILLION) 11.2.1 US 11.2.1.1 High adoption of EHRs to drive the healthcare analytics market in the US TABLE 78 US: HEALTHCARE ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 79 US: MARKET, BY APPLICATION, 20192026 (USD MILLION) TABLE 80 US: FINANCIAL ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 81 US: CLINICAL ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 82 US: OPERATIONAL & ADMINISTRATIVE ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 83 US: MARKET, BY COMPONENT, 20192026 (USD MILLION) TABLE 84 US: MARKET FOR SERVICES, BY TYPE, 20192026 (USD MILLION) TABLE 85 US: MARKET, BY DEPLOYMENT MODEL, 20192026 (USD MILLION) TABLE 86 US: MARKET, BY END USER, 20192026 (USD MILLION) TABLE 87 US: MARKET FOR PAYERS, BY TYPE, 20192026 (USD MILLION) TABLE 88 US: MARKET FOR PROVIDERS, BY TYPE, 20192026 (USD MILLION) 11.2.2 CANADA 11.2.2.1 Need for managing patient volumes, clinical data, and healthcare costs will favor market growth in Canada TABLE 89 CANADA: HEALTHCARE ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 90 CANADA: MARKET, BY APPLICATION, 20192026 (USD MILLION) TABLE 91 CANADA: FINANCIAL ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 92 CANADA: CLINICAL ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 93 CANADA: OPERATIONAL & ADMINISTRATIVE ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 94 CANADA: MARKET, BY COMPONENT, 20192026 (USD MILLION) TABLE 95 CANADA: MARKET FOR SERVICES, BY TYPE, 20192026 (USD MILLION) TABLE 96 CANADA: MARKET, BY DEPLOYMENT MODEL, 20192026 (USD MILLION) TABLE 97 CANADA: MARKET, BY END USER, 20192026 (USD MILLION) TABLE 98 CANADA: MARKET FOR PAYERS, BY TYPE, 20192026 (USD MILLION) TABLE 99 CANADA: MARKET FOR PROVIDERS, BY TYPE, 20192026 (USD MILLION) 11.3 EUROPE FIGURE 27 EUROPE: HEALTHCARE ANALYTICS MARKET SNAPSHOT (2020) TABLE 100 EUROPE: MARKET, BY COUNTRY, 20192026 (USD MILLION) TABLE 101 EUROPE: MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 102 EUROPE: MARKET, BY APPLICATION, 20192026 (USD MILLION) TABLE 103 EUROPE: FINANCIAL ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 104 EUROPE: CLINICAL ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 105 EUROPE: OPERATIONAL & ADMINISTRATIVE ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 106 EUROPE: MARKET, BY COMPONENT, 20192026 (USD MILLION) TABLE 107 EUROPE: MARKET FOR SERVICES, BY TYPE, 20192026 (USD MILLION) TABLE 108 EUROPE: MARKET, BY DEPLOYMENT MODEL, 20192026 (USD MILLION) TABLE 109 EUROPE: MARKET, BY END USER, 20192026 (USD MILLION) TABLE 110 EUROPE: MARKET FOR PAYERS, BY TYPE, 20192026 (USD MILLION) TABLE 111 EUROPE: MARKET FOR PROVIDERS, BY TYPE, 20192026 (USD MILLION) 11.3.1 GERMANY 11.3.1.1 Government initiatives to increase the use of analytics in healthcare are expected to contribute to market growth in Germany TABLE 112 GERMANY: HEALTHCARE ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 113 GERMANY: MARKET, BY APPLICATION, 20192026 (USD MILLION) TABLE 114 GERMANY: FINANCIAL ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 115 GERMANY: CLINICAL ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 116 GERMANY: OPERATIONAL & ADMINISTRATIVE ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 117 GERMANY: MARKET, BY COMPONENT, 20192026 (USD MILLION) TABLE 118 GERMANY: MARKET FOR SERVICES, BY TYPE, 20192026 (USD MILLION) TABLE 119 GERMANY: MARKET, BY DEPLOYMENT MODEL, 20192026 (USD MILLION) TABLE 120 GERMANY: MARKET, BY END USER, 20192026 (USD MILLION) TABLE 121 GERMANY: MARKET FOR PAYERS, BY TYPE, 20192026 (USD MILLION) TABLE 122 GERMANY: MARKET FOR PROVIDERS, BY TYPE, 20192026 (USD MILLION) 11.3.2 UK 11.3.2.1 Availability of venture capital investments to drive market growth in the UK TABLE 123 UK: HEALTHCARE ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 124 UK: MARKET, BY APPLICATION, 20192026 (USD MILLION) TABLE 125 UK: FINANCIAL ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 126 UK: CLINICAL ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 127 UK: OPERATIONAL & ADMINISTRATIVE ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 128 UK: MARKET, BY COMPONENT, 20192026 (USD MILLION) TABLE 129 UK: MARKET FOR SERVICES, BY TYPE, 20192026 (USD MILLION) TABLE 130 UK: MARKET, BY DEPLOYMENT MODEL, 20192026 (USD MILLION) TABLE 131 UK: MARKET, BY END USER, 20192026 (USD MILLION) TABLE 132 UK: MARKET FOR PAYERS, BY TYPE, 20192026 (USD MILLION) TABLE 133 UK: MARKET FOR PROVIDERS, BY TYPE, 20192026 (USD MILLION) 11.3.3 FRANCE 11.3.3.1 Strong financial support for digital health contributes to the growth in the healthcare analytics market in France TABLE 134 FRANCE: HEALTHCARE ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 135 FRANCE: MARKET, BY APPLICATION, 20192026 (USD MILLION) TABLE 136 FRANCE: FINANCIAL ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 137 FRANCE: CLINICAL ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 138 FRANCE: OPERATIONAL & ADMINISTRATIVE ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 139 FRANCE: MARKET, BY COMPONENT, 20192026 (USD MILLION) TABLE 140 FRANCE: MARKET FOR SERVICES, BY TYPE, 20192026 (USD MILLION) TABLE 141 FRANCE: MARKET, BY DEPLOYMENT MODEL, 20192026 (USD MILLION) TABLE 142 FRANCE: MARKET, BY END USER, 20192026 (USD MILLION) TABLE 143 FRANCE: MARKET FOR PAYERS, BY TYPE, 20192026 (USD MILLION) TABLE 144 FRANCE: MARKET FOR PROVIDERS, BY TYPE, 20192026 (USD MILLION) 11.3.4 REST OF EUROPE TABLE 145 ROE: MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 146 ROE: MARKET, BY APPLICATION, 20192026 (USD MILLION) TABLE 147 ROE: FINANCIAL ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 148 ROE: CLINICAL ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 149 ROE: OPERATIONAL & ADMINISTRATIVE ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 150 ROE: MARKET, BY COMPONENT, 20192026 (USD MILLION) TABLE 151 ROE: MARKET FOR SERVICES, BY TYPE, 20192026 (USD MILLION) TABLE 152 ROE: MARKET, BY DEPLOYMENT MODEL, 20192026 (USD MILLION) TABLE 153 ROE: MARKET, BY END USER, 20192026 (USD MILLION) TABLE 154 ROE: MARKET FOR PAYERS, BY TYPE, 20192026 (USD MILLION) TABLE 155 ROE: MARKET FOR PROVIDERS, BY TYPE, 20192026 (USD MILLION) 11.4 ASIA FIGURE 28 ASIA: HEALTHCARE ANALYTICS MARKET SNAPSHOT (2020) TABLE 156 ASIA: MARKET, BY COUNTRY, 20192026 (USD MILLION) TABLE 157 ASIA: MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 158 ASIA: MARKET, BY APPLICATION, 20192026 (USD MILLION) TABLE 159 ASIA: FINANCIAL ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 160 ASIA: CLINICAL ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 161 ASIA: OPERATIONAL & ADMINISTRATIVE ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 162 ASIA: MARKET, BY COMPONENT, 20192026 (USD MILLION) TABLE 163 ASIA: MARKET FOR SERVICES, BY TYPE, 20192026 (USD MILLION) TABLE 164 ASIA: MARKET, BY DEPLOYMENT MODEL, 20192026 (USD MILLION) TABLE 165 ASIA: MARKET, BY END USER, 20192026 (USD MILLION) TABLE 166 ASIA: MARKET FOR PAYERS, BY TYPE, 20192026 (USD MILLION) TABLE 167 ASIA: MARKET FOR PROVIDERS, BY TYPE, 20192026 (USD MILLION) 11.4.1 JAPAN 11.4.1.1 Rise in the geriatric population will increase the demand for effective patient management solutions TABLE 168 JAPAN: HEALTHCARE ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 169 JAPAN: MARKET, BY APPLICATION, 20192026 (USD MILLION) TABLE 170 JAPAN: FINANCIAL ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 171 JAPAN: CLINICAL ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 172 JAPAN: OPERATIONAL & ADMINISTRATIVE ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 173 JAPAN: MARKET, BY COMPONENT, 20192026 (USD MILLION) TABLE 174 JAPAN: MARKET FOR SERVICES, BY TYPE, 20192026 (USD MILLION) TABLE 175 JAPAN: MARKET, BY DEPLOYMENT MODEL, 20192026 (USD MILLION) TABLE 176 JAPAN: MARKET, BY END USER, 20192026 (USD MILLION) TABLE 177 JAPAN: MARKET FOR PAYERS, BY TYPE, 20192026 (USD MILLION) TABLE 178 JAPAN: MARKET FOR PROVIDERS, BY TYPE, 20192026 (USD MILLION) 11.4.2 CHINA 11.4.2.1 Favorable reforms and a growing number of EHRs have contributed to market growth in China TABLE 179 CHINA: HEALTHCARE ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 180 CHINA: MARKET, BY APPLICATION, 20192026 (USD MILLION) TABLE 181 CHINA: FINANCIAL ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 182 CHINA: CLINICAL ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 183 CHINA: OPERATIONAL & ADMINISTRATIVE ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 184 CHINA: MARKET, BY COMPONENT, 20192026 (USD MILLION) TABLE 185 CHINA: MARKET FOR SERVICES, BY TYPE, 20192026 (USD MILLION) TABLE 186 CHINA: MARKET, BY DEPLOYMENT MODEL, 20192026 (USD MILLION) TABLE 187 CHINA: MARKET, BY END USER, 20192026 (USD MILLION) TABLE 188 CHINA: MARKET FOR PAYERS, BY TYPE, 20192026 (USD MILLION) TABLE 189 CHINA: MARKET FOR PROVIDERS, BY TYPE, 20192026 (USD MILLION) 11.4.3 INDIA 11.4.3.1 The HCIT market in India is still in the nascent stage TABLE 190 INDIA: HEALTHCARE ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 191 INDIA: MARKET, BY APPLICATION, 20192026 (USD MILLION) TABLE 192 INDIA: FINANCIAL ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 193 INDIA: CLINICAL ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 194 INDIA: OPERATIONAL & ADMINISTRATIVE ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 195 INDIA: MARKET, BY COMPONENT, 20192026 (USD MILLION) TABLE 196 INDIA: MARKET FOR SERVICES, BY TYPE, 20192026 (USD MILLION) TABLE 197 INDIA: MARKET, BY DEPLOYMENT MODEL, 20192026 (USD MILLION) TABLE 198 INDIA: MARKET, BY END USER, 20192026 (USD MILLION) TABLE 199 INDIA: MARKET FOR PAYERS, BY TYPE, 20192026 (USD MILLION) TABLE 200 INDIA: MARKET FOR PROVIDERS, BY TYPE, 20192026 (USD MILLION) 11.4.4 REST OF ASIA TABLE 201 ROA: HEALTHCARE ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 202 ROA: MARKET, BY APPLICATION, 20192026 (USD MILLION) TABLE 203 ROA: FINANCIAL ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 204 ROA: CLINICAL ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 205 ROA: OPERATIONAL & ADMINISTRATIVE ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 206 ROA: MARKET, BY COMPONENT, 20192026 (USD MILLION) TABLE 207 ROA: MARKET FOR SERVICES, BY TYPE, 20192026 (USD MILLION) TABLE 208 ROA: MARKET, BY DEPLOYMENT MODEL, 20192026 (USD MILLION) TABLE 209 ROA: MARKET, BY END USER, 20192026 (USD MILLION) TABLE 210 ROA: MARKET FOR PAYERS, BY TYPE, 20192026 (USD MILLION) TABLE 211 ROA: MARKET FOR PROVIDERS, BY TYPE, 20192026 (USD MILLION) 11.5 PACIFIC COUNTRIES 11.5.1 NEED TO REDUCE HEALTHCARE COSTS IN AUSTRALIA AND NEW ZEALAND TO DRIVE MARKET GROWTH IN THIS REGION TABLE 212 PACIFIC COUNTRIES: HEALTHCARE ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 213 PACIFIC COUNTRIES: MARKET, BY APPLICATION, 20192026 (USD MILLION) TABLE 214 PACIFIC COUNTRIES: FINANCIAL ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 215 PACIFIC COUNTRIES: CLINICAL ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 216 PACIFIC COUNTRIES: OPERATIONAL & ADMINISTRATIVE ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 217 PACIFIC COUNTRIES: MARKET, BY COMPONENT, 20192026 (USD MILLION) TABLE 218 PACIFIC COUNTRIES: MARKET FOR SERVICES, BY TYPE, 20192026 (USD MILLION) TABLE 219 PACIFIC COUNTRIES: MARKET, BY DEPLOYMENT MODEL, 20192026 (USD MILLION) TABLE 220 PACIFIC COUNTRIES: MARKET, BY END USER, 20192026 (USD MILLION) TABLE 221 PACIFIC COUNTRIES: MARKET FOR PAYERS, BY TYPE, 20192026 (USD MILLION) TABLE 222 PACIFIC COUNTRIES: MARKET FOR PROVIDERS, BY TYPE, 20192026 (USD MILLION) 11.6 LATIN AMERICA 11.6.1 GROWING EHEALTH INITIATIVES IN LATAM COUNTRIES TO DRIVE MARKET GROWTH IN THIS REGION TABLE 223 LATAM: HEALTHCARE ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 224 LATAM: MARKET, BY APPLICATION, 20192026 (USD MILLION) TABLE 225 LATAM: FINANCIAL ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 226 LATAM: CLINICAL ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 227 LATAM: OPERATIONAL & ADMINISTRATIVE ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 228 LATAM: HEALTHCARE ANALYTICS MARKET, BY COMPONENT, 20192026 (USD MILLION) TABLE 229 LATAM: HEALTHCARE ANALYTICS MARKET FOR SERVICES, BY TYPE, 20192026 (USD MILLION) TABLE 230 LATAM: HEALTHCARE ANALYTICS MARKET, BY DEPLOYMENT MODEL, 20192026 (USD MILLION) TABLE 231 LATAM: HEALTHCARE ANALYTICS MARKET, BY END USER, 20192026 (USD MILLION) TABLE 232 LATAM: HEALTHCARE ANALYTICS MARKET FOR PAYERS, BY TYPE, 20192026 (USD MILLION) TABLE 233 LATAM: HEALTHCARE ANALYTICS MARKET FOR PROVIDERS, BY TYPE, 20192026 (USD MILLION) 11.7 MIDDLE EAST & AFRICA 11.7.1 HIGH HEALTHCARE EXPENDITURE AND INFRASTRUCTURAL DEVELOPMENT WILL SUPPORT THE USE OF HCIT SOLUTIONS IN THE MIDDLE EAST TABLE 234 MIDDLE EAST & AFRICA: HEALTHCARE ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 235 MIDDLE EAST & AFRICA: HEALTHCARE ANALYTICS MARKET, BY APPLICATION, 20192026 (USD MILLION) TABLE 236 MIDDLE EAST & AFRICA: FINANCIAL ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 237 MIDDLE EAST & AFRICA: CLINICAL ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 238 MIDDLE EAST & AFRICA: OPERATIONAL & ADMINISTRATIVE ANALYTICS MARKET, BY TYPE, 20192026 (USD MILLION) TABLE 239 MIDDLE EAST & AFRICA: HEALTHCARE ANALYTICS MARKET, BY COMPONENT, 20192026 (USD MILLION) TABLE 240 MIDDLE EAST & AFRICA: HEALTHCARE ANALYTICS MARKET FOR SERVICES, BY TYPE, 20192026 (USD MILLION) TABLE 241 MIDDLE EAST & AFRICA: HEALTHCARE ANALYTICS MARKET, BY DEPLOYMENT MODEL, 20192026 (USD MILLION) TABLE 242 MIDDLE EAST & AFRICA: HEALTHCARE ANALYTICS MARKET, BY END USER, 20192026 (USD MILLION) TABLE 243 MIDDLE EAST & AFRICA: HEALTHCARE ANALYTICS MARKET FOR PAYERS, BY TYPE, 20192026 (USD MILLION) TABLE 244 MIDDLE EAST & AFRICA: HEALTHCARE ANALYTICS MARKET FOR PROVIDERS, BY TYPE, 20192026 (USD MILLION), 12 COMPETITIVE LANDSCAPE (Page No. Healthcare & Medical Devices kathi According to the American Journal of Managed Care, value-based medicine is the practice of medicine based on the objective value (improvement in length of life and/quality of life) conferred by healthcare interventions as determined by utilizing a set of standardized parameters (commonly used to evaluate value and cost-effectiveness). What is the impact of COVID-19 on the healthcare analytics market? In May 2020, APIXIO (US) Launched HCC Complete, which uses AI to support a comprehensive chart review experience for Medicare Advantage and Affordable Care Act organizations. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. This makes it challenging for hospitals to justify their spending on analytics solutions, at least in the short term when they are focused on implementing EHRs and upgrading RCM systems.

> This study involved four major activities in estimating the size of the healthcare analytics market. The research methodology used to estimate the market size includes the following: After arriving at the market size, the total market was divided into several segments and subsegments. Growth in this market is primarily driven by the increasing adoption of EHRgrwoing capital investments in the market, emergence of big data in healthcare, combined with the pressure to curb healthcare spending. 7500+ companies worldwide approach us every year for their revenue growth inititatives. Additionally, increasing implementation of descriptive healthcare analytics in hospitals and other healthcare institutions is also contributing to the segmental expansion. - 40) 2.1 RESEARCH APPROACH 2.2 RESEARCH METHODOLOGY DESIGN 2.2.1 SECONDARY RESEARCH 2.2.1.1 Key data from secondary sources 2.2.2 PRIMARY DATA FIGURE 2 PRIMARY SOURCES 2.2.2.1 Insights from primary experts FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: SUPPLY-SIDE AND DEMAND-SIDE PARTICIPANTS FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION 2.3 MARKET SIZE ESTIMATION: HEALTHCARE ANALYTICS MARKET FIGURE 5 SUPPLY-SIDE MARKET SIZE ESTIMATION: REVENUE SHARE ANALYSIS FIGURE 6 REVENUE SHARE ANALYSIS ILLUSTRATION FIGURE 7 REVENUE ANALYSIS OF THE TOP THREE PUBLIC COMPANIES: HEALTHCARE ANALYTICS MARKET (2020) FIGURE 8 BOTTOM-UP APPROACH: END-USER ADOPTION/CONSUMPTION OF HEALTHCARE ANALYTICS (US) FIGURE 9 CAGR PROJECTIONS FROM THE ANALYSIS OF DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES OF THE HEALTHCARE ANALYTICS MARKET (20212026) FIGURE 11 TOP-DOWN APPROACH 2.4 MARKET BREAKDOWN & DATA TRIANGULATION 2.5 MARKET SHARE ESTIMATION 2.6 ASSUMPTIONS FOR THE STUDY 2.7 LIMITATIONS 2.7.1 METHODOLOGY-RELATED LIMITATIONS 2.7.2 SCOPE-RELATED LIMITATIONS 2.8 RISK ASSESSMENT TABLE 1 RISK ASSESSMENT: HEALTHCARE ANALYTICS MARKET, 3 EXECUTIVE SUMMARY (Page No. On the other hand, primary sources from the demand side include industry experts such as directors of hospitals, hospital purchase managers, insurance payers, physicians, and related key opinion leaders. - 274) 14.1 DISCUSSION GUIDE 14.2 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL 14.3 AVAILABLE CUSTOMIZATIONS 14.4 RELATED REPORTS 14.5 AUTHOR DETAILS. The growing use of automated technologies (such as EHRs and medical claims processing), as well as the shifting trend toward health information exchanges (HIEs), have altered the healthcare privacy and security landscape. Only top-tier hospitals have the capability and funding to utilize big data in order to provide actionable insights effectively. Furthermore, big data analytical tools and solutions are essential for developing the knowledge required in decision making and preventive measures. Furthermore, stringent data integrity and compliance regulations affects technology advancements adoption rate in healthcare industry. Primary research was conducted to validate the market segmentation, identify key players in the market, and gather insights on key industry trends and key market dynamics. Doctors and medical professionals use big data analysis to make efficient decisions regarding treatment and services. Factors such as analysing clinical data to improve medical research, obtaining operational insights, utilisation of patients data to improve health outcomes, studying regional population health, among others, have resulted in growing adoption rates for healthcare analytics solutions and other tools across healthcare facilities, predominantly in hospitals.

The following figure shows the market validation, source structure, and data triangulation methodology implemented in this reports market engineering process. The COVID-19 pandemic has had a significant impact on the worlds population and economy. Get more details on this report - Request Free Sample PDF. Such big data can include patients medical records, information collected by healthcare testing equipment, hospital records, prescription information, family medical history, personal ID as well as insurance details, among others. Email: sales@gminsights.com, Global Market Insights Inc. 2022 All Rights Reserved. Global healthcare analytics industry revenue from the descriptive analytics segment crossed USD 6.5 million in 2021 because this type of analytics helps organizations base their business strategies by offering a holistic view of the stored data. This strategy strengthened the companys product portfolio and enhanced its overall market positioning. Global Market Insights Inc. Increasing market demand for efficient healthcare facilities is boosting the segmental demand. Healthcare analytics software and services enable to understand and divulge on factors such as predict future, historical data patterns, and provide actionable insights to lead information-based decision-making for improve financial, operational performance of healthcare facilities. needs. The next step was to validate these findings, assumptions, and sizing with industry experts across value chains through primary research. Thus, these factors are accelerating the demand for personalised and evidence-based medicine, thereby augmenting the global market growth. However, the emergence of COVID-19 pandemic has positively impacted the healthcare analytics market growth. - 59) 4.1 HEALTHCARE ANALYTICS MARKET OVERVIEW FIGURE 19 GOVERNMENT INITIATIVES TO INCREASE EHR ADOPTION AND GROWING PRESSURE TO CURB HEALTHCARE COSTS ARE DRIVING MARKET GROWTH 4.2 FINANCIAL ANALYTICS MARKET SHARE, BY TYPE & REGION (2020) FIGURE 20 NORTH AMERICA TO HOLD THE LARGEST SHARE OF THE FINANCIAL ANALYTICS MARKET IN 2020 4.3 HEALTHCARE ANALYTICS MARKET: GEOGRAPHIC MIX FIGURE 21 THE US TO WITNESS THE HIGHEST GROWTH DURING THE FORECAST PERIOD 4.4 REGIONAL MIX: HEALTHCARE ANALYTICS MARKET, 5 MARKET OVERVIEW (Page No. The healthcare analytics has also witnessed significant developments and innovations in the market space owed to the outbreak of the pandemic.



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