Clinical Data Analytics Market Share, Size, Trends and Analysis 2021
Clinical Data Analytics Market by Deployment Model (Cloud, On-Premise), by Services (Consulting, Maintenance), by End Use Sector (Pharmaceuticals, Healthcare Providers, Biotechnology, Academia), and by Region - Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)
The Global Clinical Data Analytics Market was worth $2.65 billion in 2016 and estimated to be growing at a CAGR of 44.35%, to reach $16.76 billion by 2021. The market is showing significant potential in the mentioned forecasting period. The market continues to grow rapidly with the growth of Big data industry within the healthcare. Big data has been responsible for showing better results in improving healthcare, saving lives and that too at low costs.
Clinical Data Analytics assist doctors and physicians in taking decisions regarding patient’s care and help in better understanding of the healthiness of the demographics. The technology varies according to the data required or the potential users of the information which includes nurses, doctors, public health officials etc.
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The population is getting more focused towards health management lately. It has been a major factor in driving the market for Clinical Data Analytics. Other factors include supportive government policies, cost benefits and better opportunities to provide high quality services to patients. Some of the challenges and restraints faced by Clinical Data Analytics market include end user market fragmentation, software privacy issues, and security issues.
Market Segmentation:
• Deployment Model
• Services
• End Use Sector
Key Players:
• IBM
• CareEvolution
• Cardigm
The Global market for Clinical Data Analytics is segmented based on Deployment Model, Services and End Use Sector. Based on the deployment model the market for Clinical Data Analytics is segmented into Cloud and On-Premise. Further, under services the segmentation is done into Consulting and Maintenance, and under End use sector the segmentation is done into Pharmaceuticals, Healthcare Providers, Biotechnology and Academia. On-Premise segmentation accounted for higher share compared to the Cloud segmentation. Similarly Consulting and Pharmaceuticals segmentations exhibit the highest share in their respective segments. On the basis of geographical analysis, the global market is analysed under various regions namely North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. The Clinical Data Analytics market is expected to be dominated by North America, with the overall market share of over 55% globally, followed by Europe and Asia Pacific. Asia Pacific is expected to show higher potential in the years to come.
Free sample of the report is available at: http://www.marketdataforecast.com/market-reports/global-clinical-data-analytics-market-1754/request-sample
Some of the major players dominating the Clinical Data Analytics market are IBM, CareEvolution, Caradigm, Explorys, Cerner, Intersystems, Athenahealth, Truven Health Analytics, Wellcentive, McKesson.
About Market Data Forecast:
The publisher of this report is Market Data Forecast whose forte lies in Market research and Business Intelligence. Handling both individual and corporate clients across multiple business domains they offer syndicated/customized research to suit the client’s research objective. Their research reports section offers a wide variety of market studies ranging from all-encompassing comprehensive market studies to product specific niche markets covering North America among other regions of the global market as well. For more info kindly visit, www.marketdataforecast.com
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Abhishek Shukla
Sales Manager (International Business Development)
Market Data Forecast
Direct Line: +1-888-702-9626
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Mail: abhishek@marketdataforecast.com
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The Global Clinical Data Analytics Market was worth $2.65 billion in 2016 and estimated to be growing at a CAGR of 44.35%, to reach $16.76 billion by 2021. The market is showing significant potential in the mentioned forecasting period. The market continues to grow rapidly with the growth of Big data industry within the healthcare. Big data has been responsible for showing better results in improving healthcare, saving lives and that too at low costs.
Clinical Data Analytics assist doctors and physicians in taking decisions regarding patient’s care and help in better understanding of the healthiness of the demographics. The technology varies according to the data required or the potential users of the information which includes nurses, doctors, public health officials etc.
To view full report: http://www.marketdataforecast.com/market-reports/global-clinical-data-analytics-market-1754/
The population is getting more focused towards health management lately. It has been a major factor in driving the market for Clinical Data Analytics. Other factors include supportive government policies, cost benefits and better opportunities to provide high quality services to patients. Some of the challenges and restraints faced by Clinical Data Analytics market include end user market fragmentation, software privacy issues, and security issues.
Market Segmentation:
• Deployment Model
• Services
• End Use Sector
Key Players:
• IBM
• CareEvolution
• Cardigm
The Global market for Clinical Data Analytics is segmented based on Deployment Model, Services and End Use Sector. Based on the deployment model the market for Clinical Data Analytics is segmented into Cloud and On-Premise. Further, under services the segmentation is done into Consulting and Maintenance, and under End use sector the segmentation is done into Pharmaceuticals, Healthcare Providers, Biotechnology and Academia. On-Premise segmentation accounted for higher share compared to the Cloud segmentation. Similarly Consulting and Pharmaceuticals segmentations exhibit the highest share in their respective segments. On the basis of geographical analysis, the global market is analysed under various regions namely North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. The Clinical Data Analytics market is expected to be dominated by North America, with the overall market share of over 55% globally, followed by Europe and Asia Pacific. Asia Pacific is expected to show higher potential in the years to come.
Free sample of the report is available at: http://www.marketdataforecast.com/market-reports/global-clinical-data-analytics-market-1754/request-sample
Some of the major players dominating the Clinical Data Analytics market are IBM, CareEvolution, Caradigm, Explorys, Cerner, Intersystems, Athenahealth, Truven Health Analytics, Wellcentive, McKesson.
About Market Data Forecast:
The publisher of this report is Market Data Forecast whose forte lies in Market research and Business Intelligence. Handling both individual and corporate clients across multiple business domains they offer syndicated/customized research to suit the client’s research objective. Their research reports section offers a wide variety of market studies ranging from all-encompassing comprehensive market studies to product specific niche markets covering North America among other regions of the global market as well. For more info kindly visit, www.marketdataforecast.com
Contact:
Abhishek Shukla
Sales Manager (International Business Development)
Market Data Forecast
Direct Line: +1-888-702-9626
Mobile: +91 998 555 0206
Mail: abhishek@marketdataforecast.com
Visit MarketDataForecast Blog @ http://www.marketdataforecast.com/blog/
View latest Press Releases of MDF @ http://www.marketdataforecast.com/press-releases