Healthcare Analytics Market Research Report, Growth, Opportunities 2018
During the past few years, there has been an exponential growth in the availability of patient healthcare data, number of available health information technologies in the market and their use by the hospitals and clinicians. This development is reinforced by various factors such as suitable government laws and regulations, availability of various health data analytics technologies, rapidly declining costs of data acquisition and growing awareness among the healthcare professionals and providers about usage of information technology, and storage of structured and unstructured data. Currently, the global healthcare industry is experiencing fundamental transformation to a value based business from a volume based business. With the increasing demand from consumers for improved healthcare quality and enhanced value, the healthcare providers and payers around the world are challenged by reduction of costs, improve better outcomes, provide more with less and be more patient centric. Similarly, the cost dynamics of the healthcare industry are changing drastically, which is mainly driven by the prevalence of chronic and infectious diseases, and defensive medicine practices. Large number of new market entrants and innovative healthcare approaches to deliver the treatments are increasing the complexity and competition.
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The study also provides information for recent merger and acquisition deals happened in the global healthcare analytics market. Moreover, the report also includes growth strategies and entry barriers to be considered to cater to the exact business opportunities in this market. Additionally, to aid in strategic decision making, the report also includes competitive profiling of leading players, recent developments in the industry and various business strategies adopted by them. This report will help players in global healthcare analytics market to plan and implement their strategies in different market areas such as emerging geographies, and new technologies.
Top Key Players:-
• IBM Corporation
• Oracle Corporation
McKesson Corporation
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The geographic analysis section covers market for North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. North America dominates the healthcare analytics market, which is evident from the presence of key market players in the United States. Moreover, the large market share is attributable to the impact of legislations in the U.S such as Electronic Health Records (EHR), and incentives funded by the Health Information Technology for Economic and Clinical Health (HITECH).
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