Healthcare Analytics Market to 2025 - Global Analysis and Forecasts by Technology, Applications
Report Code: TIPTE100000167 No. of Pages: 150 Category: Technology, Media and Telecommunications Status: Upcoming
Technological advancements such as Internet of Things (IoT), Big Data, Cloud Computing, and others have transformed the way industries perform their businesses. Healthcare is among one of those industries which are slowly adopting to new way of operations or digitization. Availability of Big Data in healthcare, has led to requirement for analytics and increasing in funding are the factors for growth in healthcare analytics market.
Developing countries will still have difficulties in adopting early to new technologies, few of the key factors which restrict the early adoption of analytics in healthcare will include limited awareness of the technologies, lack of skills to implement the solutions, poor infrastructure and cyber threats. Whereas, these technologies come associated with number of opportunities such as easy recoding and maintenance, centralized database, increasing investments, and others. These advancing technologies will bridge the gap between payers and providers, while befitting both in long run. Hence the growth of healthcare analytics is foreseen and estimated to increase by 2025.
The healthcare analytics market is broadly classified into segments such as type, application, deployment model, and geography. Application segment is further sub-divided into clinical analytics, financial analytics, and administrative analytics. Clinical analytics is growing and is estimated to hold the major share due to increasing amount of data being generated. Further types is divided into predictive analytics, prescriptive analytics and descriptive analytics. Some of the key trends of deploying this technology will vary with infrastructures, the healthcare analytics is deployed in two models, namely on-premise and on-demand delivery.
There are two major stake holders in healthcare industries such as payers and healthcare service providers, the payers include government agencies, insurance company, employers, and private agencies. While the service providers are classified into to hospitals, physicians, pharmaceuticals and others. The global healthcare analytics market is also segmented on the basis of regions into North America, Europe, Asia Pacific, South America and Middle East & Africa. North America is leading with major share in the market followed by APAC and Europe. The increasing adoption for digitization and mHealth concepts in developing regions such as APAC will pave the path for healthcare analytics market will change the dimension of healthcare industry in coming years.
Some of the key market players include SAS, IBM Corporation, Tableau, Oracle Corporation, Optum, Inc. and Truven Health Analytics, Inovalon,Inc., Mckesson Corporation, Medeanalytics, Verisk Analytics, Inc. among others. Some of the key stake holders healthcare analytics market include MNC`s, healthcare analytics vendors, hospitals, health insurance companies, research agencies, consultants, investors and venture capitalists.
Developing countries will still have difficulties in adopting early to new technologies, few of the key factors which restrict the early adoption of analytics in healthcare will include limited awareness of the technologies, lack of skills to implement the solutions, poor infrastructure and cyber threats. Whereas, these technologies come associated with number of opportunities such as easy recoding and maintenance, centralized database, increasing investments, and others. These advancing technologies will bridge the gap between payers and providers, while befitting both in long run. Hence the growth of healthcare analytics is foreseen and estimated to increase by 2025.
The healthcare analytics market is broadly classified into segments such as type, application, deployment model, and geography. Application segment is further sub-divided into clinical analytics, financial analytics, and administrative analytics. Clinical analytics is growing and is estimated to hold the major share due to increasing amount of data being generated. Further types is divided into predictive analytics, prescriptive analytics and descriptive analytics. Some of the key trends of deploying this technology will vary with infrastructures, the healthcare analytics is deployed in two models, namely on-premise and on-demand delivery.
There are two major stake holders in healthcare industries such as payers and healthcare service providers, the payers include government agencies, insurance company, employers, and private agencies. While the service providers are classified into to hospitals, physicians, pharmaceuticals and others. The global healthcare analytics market is also segmented on the basis of regions into North America, Europe, Asia Pacific, South America and Middle East & Africa. North America is leading with major share in the market followed by APAC and Europe. The increasing adoption for digitization and mHealth concepts in developing regions such as APAC will pave the path for healthcare analytics market will change the dimension of healthcare industry in coming years.
Some of the key market players include SAS, IBM Corporation, Tableau, Oracle Corporation, Optum, Inc. and Truven Health Analytics, Inovalon,Inc., Mckesson Corporation, Medeanalytics, Verisk Analytics, Inc. among others. Some of the key stake holders healthcare analytics market include MNC`s, healthcare analytics vendors, hospitals, health insurance companies, research agencies, consultants, investors and venture capitalists.
1 Table of Contents
1.1 List of Tables
1.2 List of Figures
2 Introduction
2.1 The Insight Partners Research Report Guidance
3 Key Takeaways
4 Healthcare Analytics Market Landscape
4.1 Overview
4.2 Definitions
4.3 Market Segmentation
4.3.1 By Type
4.3.2 By Deployment Model
4.3.3 By Application
4.3.4 By Regions
4.3.4.1 By Countries
4.4 Value Chain Analysis
5 Healthcare Analytics Market - Key Industry Dynamics
5.1 Key Market Drivers
5.2 Key Market Restraints
5.3 Key Market Opportunities
5.4 Future Trends
6 Healthcare Analytics Market - Five Forces Analysis
6.1 Porters Five Forces Analysis
6.1.1 Bargaining Power of Suppliers
6.1.2 Bargaining Power of Buyers
6.1.3 Threat of Substitutes
6.1.4 Threat of New Entrants
6.1.5 Degree of Competition
7 Healthcare Analytics Market - Competitive Landscape
7.1 Global Healthcare Analytics Market Sales Revenue (US$ Bn), 2014 - 2025
7.2 Healthcare Analytics Market - Market Share Analysis of Market Positioning of Key Players, 2015
7.2.1 Global Healthcare Analytics Market, Market Share or Market Positioning of Key Players, 2015
7.2.2 Healthcare Analytics Market, Key Players by Region
8 Global Healthcare Analytics Market Revenue and Forecasts to 2025 - Type
8.1 Overview
8.1.1 Segment Share (%), 2015 & 2025
8.2 Predictive Analysis
8.2.1 Overview
8.2.2 Global Predictive Analysis Market Revenue and Forecasts to 2025 (US$ Bn)
8.3 Prescriptive Analysis
8.3.1 Overview
8.3.2 Global Prescriptive Analysis Market Revenue and Forecasts to 2025 (US$ Bn)
8.4 Descriptive Analysis
8.4.1 Overview
8.4.2 Global Descriptive Market Revenue and Forecasts to 2025 (US$ Bn)
9 Global Healthcare Analytics Market Revenue and Forecasts to 2025 - Deployment Model
9.1 Overview
9.1.1 Segment Share (%), 2015 & 2025
9.2 On-Premises
9.2.1 Overview
9.2.2 Global On- Premises Market Revenue and Forecasts to 2025 (US$ Bn)
9.3 On- Demand Delivery
9.3.1 Overview
9.3.2 Global On- Demand Delivery Market Revenue and Forecasts to 2025 (US$ Bn)
10 Global Healthcare Analytics Market Revenue and Forecasts to 2025 - Application
10.1 Overview
10.1.1 Segment Share (%), 2015 & 2025
10.2 Clinical Analytics
10.2.1 Overview
10.2.2 Global Clinical Analytics Market Revenue and Forecasts to 2025 (US$ Bn)
10.3 Financial Analytics
10.3.1 Overview
10.3.2 Global Financial Analytics Market Revenue and Forecasts to 2025 (US$ Bn)
10.4 Operational and Administrative Analytics
10.4.1 Overview
10.4.2 Global Operational and Administrative Analytics Market Revenue and Forecasts to 2025 (US$ Bn)
10.5 Others
10.5.1 Overview
10.5.2 Global Others Market Revenue and Forecasts to 2025 (US$ Bn)
11 Global Healthcare Analytics Market Revenue and Forecasts to 2025 - Geographical Analysis
11.1 Overview
11.1.1 Segment Share (%), 2015 & 2025
11.2 North America
11.2.1 Overview
11.2.1.1 Segment Share (%), 2015 & 2025
11.2.2 U.S.
11.2.2.1 U.S. Healthcare Analytics Market Revenue Forecasts to 2025 (US$ Bn)
11.2.3 Canada
11.2.3.1 Canada Healthcare Analytics Market Revenue Forecasts to 2025 (US$ Bn)
11.2.4 Mexico
11.2.4.1 Mexico Healthcare Analytics Market Revenue Forecasts to 2025 (US$ Bn)
11.3 Europe
11.3.1 Overview
11.3.1.1 Segment Share (%), 2015 & 2025
11.3.2 France
11.3.2.1 France Healthcare Analytics Market Revenue Forecasts to 2025 (US$ Bn)
11.3.3 Germany
11.3.3.1 Germany Healthcare Analytics Market Revenue Forecasts to 2025 (US$ Bn)
11.3.4 Italy
11.3.4.1 Italy Healthcare Analytics Market Revenue Forecasts to 2025 (US$ Bn)
11.3.5 Spain
11.3.5.1 Spain Healthcare Analytics Market Revenue Forecasts to 2025 (US$ Bn)
11.3.6 U.K
11.3.6.1 U.K Healthcare Analytics Market Revenue Forecasts to 2025 (US$ Bn)
11.3.7 Rest of Europe
11.3.7.1 Rest of Europe Healthcare Analytics Market Revenue Forecasts to 2025 (US$ Bn)
11.4 Asia Pacific (APAC)
11.4.1 Overview
11.4.1.1 Segment Share (%), 2015 & 2025
11.4.2 Australia
11.4.2.1 Australia Healthcare Analytics Market Revenue Forecasts to 2025 (US$ Bn)
11.4.3 China
11.4.3.1 China Healthcare Analytics Market Revenue Forecasts to 2025 (US$ Bn)
11.4.4 India
11.4.4.1 India Healthcare Analytics Market Revenue Forecasts to 2025 (US$ Bn)
11.4.5 Japan
11.4.5.1 Japan Healthcare Analytics Market Revenue Forecasts to 2025 (US$ Bn)
11.4.6 Rest of APAC
11.4.6.1 Rest of APAC Healthcare Analytics Market Revenue Forecasts to 2025 (US$ Bn)
11.5 Middle East & Africa (MEA)
11.5.1 Overview
11.5.1.1 Segment Share (%), 2015 & 2025
11.5.2 Saudi Arabia
11.5.2.1 Saudi Arabia Healthcare Analytics Market Revenue Forecasts to 2025 (US$ Bn)
11.5.3 South Africa
11.5.3.1 South Africa Healthcare Analytics Market Revenue Forecasts to 2025 (US$ Bn)
11.5.4 UAE
11.5.4.1 UAE Healthcare Analytics Market Revenue Forecasts to 2025 (US$ Bn)
11.5.5 Rest of MEA
11.5.5.1 Rest of MEA Healthcare Analytics Market Revenue Forecasts to 2025 (US$ Bn)
11.6 South America (SAM)
11.6.1 Overview
11.6.1.1 Segment Share (%), 2015 & 2025
11.6.2 Brazil
11.6.2.1 Brazil Healthcare Analytics Market Revenue Forecasts to 2025 (US$ Bn)
11.6.3 Rest of SAM
11.6.3.1 Rest of SAM Healthcare Analytics Market Revenue Forecasts to 2025 (US$ Bn)
12 Global Healthcare Analytics Market, Key Company Profiles
12.1 Allscripts Health Solution
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Financial Overview
12.1.4 SWOT Analysis
12.1.5 Key Developments
12.2 Cerner Corporation
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Financial Overview
12.2.4 SWOT Analysis
12.2.5 Key Developments
12.3 Health Catalyst
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Financial Overview
12.3.4 SWOT Analysis
12.3.5 Key Developments
12.4 IBM Corporation
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Financial Overview
12.4.4 SWOT Analysis
12.4.5 Key Developments
12.5 Inovalon, Inc.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Financial Overview
12.5.4 SWOT Analysis
12.5.5 Key Developments
12.6 Mckesson Corporation
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Financial Overview
12.6.4 SWOT Analysis
12.6.5 Key Developments
12.7 Medeanalytics
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Financial Overview
12.7.4 SWOT Analysis
12.7.5 Key Developments
12.8 Optum, Inc.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Financial Overview
12.8.4 SWOT Analysis
12.8.5 Key Developments
12.9 Oracle Corporation
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Financial Overview
12.9.4 SWOT Analysis
12.9.5 Key Developments
12.10 SAS Institute,Inc.
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Financial Overview
12.10.4 SWOT Analysis
12.10.5 Key Developments
13 Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
13.3 Methodology
13.3.1 Coverage
13.3.2 Secondary Research
13.3.3 Primary Research
13.4 Contact Us
13.5 Disclaimer
1.1 List of Tables
1.2 List of Figures
2 Introduction
2.1 The Insight Partners Research Report Guidance
3 Key Takeaways
4 Healthcare Analytics Market Landscape
4.1 Overview
4.2 Definitions
4.3 Market Segmentation
4.3.1 By Type
4.3.2 By Deployment Model
4.3.3 By Application
4.3.4 By Regions
4.3.4.1 By Countries
4.4 Value Chain Analysis
5 Healthcare Analytics Market - Key Industry Dynamics
5.1 Key Market Drivers
5.2 Key Market Restraints
5.3 Key Market Opportunities
5.4 Future Trends
6 Healthcare Analytics Market - Five Forces Analysis
6.1 Porters Five Forces Analysis
6.1.1 Bargaining Power of Suppliers
6.1.2 Bargaining Power of Buyers
6.1.3 Threat of Substitutes
6.1.4 Threat of New Entrants
6.1.5 Degree of Competition
7 Healthcare Analytics Market - Competitive Landscape
7.1 Global Healthcare Analytics Market Sales Revenue (US$ Bn), 2014 - 2025
7.2 Healthcare Analytics Market - Market Share Analysis of Market Positioning of Key Players, 2015
7.2.1 Global Healthcare Analytics Market, Market Share or Market Positioning of Key Players, 2015
7.2.2 Healthcare Analytics Market, Key Players by Region
8 Global Healthcare Analytics Market Revenue and Forecasts to 2025 - Type
8.1 Overview
8.1.1 Segment Share (%), 2015 & 2025
8.2 Predictive Analysis
8.2.1 Overview
8.2.2 Global Predictive Analysis Market Revenue and Forecasts to 2025 (US$ Bn)
8.3 Prescriptive Analysis
8.3.1 Overview
8.3.2 Global Prescriptive Analysis Market Revenue and Forecasts to 2025 (US$ Bn)
8.4 Descriptive Analysis
8.4.1 Overview
8.4.2 Global Descriptive Market Revenue and Forecasts to 2025 (US$ Bn)
9 Global Healthcare Analytics Market Revenue and Forecasts to 2025 - Deployment Model
9.1 Overview
9.1.1 Segment Share (%), 2015 & 2025
9.2 On-Premises
9.2.1 Overview
9.2.2 Global On- Premises Market Revenue and Forecasts to 2025 (US$ Bn)
9.3 On- Demand Delivery
9.3.1 Overview
9.3.2 Global On- Demand Delivery Market Revenue and Forecasts to 2025 (US$ Bn)
10 Global Healthcare Analytics Market Revenue and Forecasts to 2025 - Application
10.1 Overview
10.1.1 Segment Share (%), 2015 & 2025
10.2 Clinical Analytics
10.2.1 Overview
10.2.2 Global Clinical Analytics Market Revenue and Forecasts to 2025 (US$ Bn)
10.3 Financial Analytics
10.3.1 Overview
10.3.2 Global Financial Analytics Market Revenue and Forecasts to 2025 (US$ Bn)
10.4 Operational and Administrative Analytics
10.4.1 Overview
10.4.2 Global Operational and Administrative Analytics Market Revenue and Forecasts to 2025 (US$ Bn)
10.5 Others
10.5.1 Overview
10.5.2 Global Others Market Revenue and Forecasts to 2025 (US$ Bn)
11 Global Healthcare Analytics Market Revenue and Forecasts to 2025 - Geographical Analysis
11.1 Overview
11.1.1 Segment Share (%), 2015 & 2025
11.2 North America
11.2.1 Overview
11.2.1.1 Segment Share (%), 2015 & 2025
11.2.2 U.S.
11.2.2.1 U.S. Healthcare Analytics Market Revenue Forecasts to 2025 (US$ Bn)
11.2.3 Canada
11.2.3.1 Canada Healthcare Analytics Market Revenue Forecasts to 2025 (US$ Bn)
11.2.4 Mexico
11.2.4.1 Mexico Healthcare Analytics Market Revenue Forecasts to 2025 (US$ Bn)
11.3 Europe
11.3.1 Overview
11.3.1.1 Segment Share (%), 2015 & 2025
11.3.2 France
11.3.2.1 France Healthcare Analytics Market Revenue Forecasts to 2025 (US$ Bn)
11.3.3 Germany
11.3.3.1 Germany Healthcare Analytics Market Revenue Forecasts to 2025 (US$ Bn)
11.3.4 Italy
11.3.4.1 Italy Healthcare Analytics Market Revenue Forecasts to 2025 (US$ Bn)
11.3.5 Spain
11.3.5.1 Spain Healthcare Analytics Market Revenue Forecasts to 2025 (US$ Bn)
11.3.6 U.K
11.3.6.1 U.K Healthcare Analytics Market Revenue Forecasts to 2025 (US$ Bn)
11.3.7 Rest of Europe
11.3.7.1 Rest of Europe Healthcare Analytics Market Revenue Forecasts to 2025 (US$ Bn)
11.4 Asia Pacific (APAC)
11.4.1 Overview
11.4.1.1 Segment Share (%), 2015 & 2025
11.4.2 Australia
11.4.2.1 Australia Healthcare Analytics Market Revenue Forecasts to 2025 (US$ Bn)
11.4.3 China
11.4.3.1 China Healthcare Analytics Market Revenue Forecasts to 2025 (US$ Bn)
11.4.4 India
11.4.4.1 India Healthcare Analytics Market Revenue Forecasts to 2025 (US$ Bn)
11.4.5 Japan
11.4.5.1 Japan Healthcare Analytics Market Revenue Forecasts to 2025 (US$ Bn)
11.4.6 Rest of APAC
11.4.6.1 Rest of APAC Healthcare Analytics Market Revenue Forecasts to 2025 (US$ Bn)
11.5 Middle East & Africa (MEA)
11.5.1 Overview
11.5.1.1 Segment Share (%), 2015 & 2025
11.5.2 Saudi Arabia
11.5.2.1 Saudi Arabia Healthcare Analytics Market Revenue Forecasts to 2025 (US$ Bn)
11.5.3 South Africa
11.5.3.1 South Africa Healthcare Analytics Market Revenue Forecasts to 2025 (US$ Bn)
11.5.4 UAE
11.5.4.1 UAE Healthcare Analytics Market Revenue Forecasts to 2025 (US$ Bn)
11.5.5 Rest of MEA
11.5.5.1 Rest of MEA Healthcare Analytics Market Revenue Forecasts to 2025 (US$ Bn)
11.6 South America (SAM)
11.6.1 Overview
11.6.1.1 Segment Share (%), 2015 & 2025
11.6.2 Brazil
11.6.2.1 Brazil Healthcare Analytics Market Revenue Forecasts to 2025 (US$ Bn)
11.6.3 Rest of SAM
11.6.3.1 Rest of SAM Healthcare Analytics Market Revenue Forecasts to 2025 (US$ Bn)
12 Global Healthcare Analytics Market, Key Company Profiles
12.1 Allscripts Health Solution
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Financial Overview
12.1.4 SWOT Analysis
12.1.5 Key Developments
12.2 Cerner Corporation
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Financial Overview
12.2.4 SWOT Analysis
12.2.5 Key Developments
12.3 Health Catalyst
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Financial Overview
12.3.4 SWOT Analysis
12.3.5 Key Developments
12.4 IBM Corporation
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Financial Overview
12.4.4 SWOT Analysis
12.4.5 Key Developments
12.5 Inovalon, Inc.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Financial Overview
12.5.4 SWOT Analysis
12.5.5 Key Developments
12.6 Mckesson Corporation
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Financial Overview
12.6.4 SWOT Analysis
12.6.5 Key Developments
12.7 Medeanalytics
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Financial Overview
12.7.4 SWOT Analysis
12.7.5 Key Developments
12.8 Optum, Inc.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Financial Overview
12.8.4 SWOT Analysis
12.8.5 Key Developments
12.9 Oracle Corporation
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Financial Overview
12.9.4 SWOT Analysis
12.9.5 Key Developments
12.10 SAS Institute,Inc.
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Financial Overview
12.10.4 SWOT Analysis
12.10.5 Key Developments
13 Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
13.3 Methodology
13.3.1 Coverage
13.3.2 Secondary Research
13.3.3 Primary Research
13.4 Contact Us
13.5 Disclaimer
Companies Mentioned
Allscripts Health Solution
Cerner Corporation
Health Catalyst
IBM Corporation
Inovalon, Inc.
Mckesson Corporation
Medeanalytics
Optum, Inc.
Oracle Corporation
SAS Institute,Inc.
Allscripts Health Solution
Cerner Corporation
Health Catalyst
IBM Corporation
Inovalon, Inc.
Mckesson Corporation
Medeanalytics
Optum, Inc.
Oracle Corporation
SAS Institute,Inc.