Healthcare Analytics/Medical Analytics Market by Application, Types, Delivery & End-User - 2020 | MarketsandMarkets

1. MarketsandMarkets Presents Healthcare Analytics Market worth $18.7 Billion by 2020 http://www.marketsandmarkets.com/Market-Reports/healthcare-data-analytics-market-905.html

2. Healthcare analytics systems reveal and understand historical patterns of data to predict and provide actionable insights to improve the performance of healthcare organizations. The outcomes reveal the best-suited treatments, disease patterns, patients at high risk, fraudulent claims, and evaluate physician performance. • Market growth is driven by federal healthcare mandates encouraging the adoption of HCIT solutions to curb rising healthcare costs; benefits associated with the use of analytics; increasing HCIT adoption; availability of big data in healthcare; technological advancements; and increase in venture capital investments. On the other hand, the operational gap between payers and providers, a lack of skilled personnel, and cultural and language barriers are likely to hinder market growth. • Early buyers will receive 10% customization on reports. http://www.marketsandmarkets.com/Market-Reports/healthcare-data-analytics-market-905.html

3. ased on type, the market is segmented into descriptive, predictive, and prescriptive analytics. Descriptive analytics is expected to account for the largest market share in 2015. Based on application, the medical analytics market is bifurcated into clinical analytics, financial analytics, and operational and administrative analytics. The clinical analytics segment is expected to grow at the highest CAGR during the forecast period. • Based on component, the medical analytics market is segmented into hardware, software, and services. The services segment is further segmented into support services and business analytics services. In 2015, the services market is expected to witness the highest growth in the forecast period. • The market, by delivery model, is segmented into on-premise and on-demand delivery models. In 2015, the on-premise delivery model accounted for the largest share of the global healthcare analytics market owing to its multi-vendor architecture, which lowers the risk of data breaches and external attacks. http://www.marketsandmarkets.com/Market-Reports/healthcare-data-analytics-market-905.html

4. Market Segmentation • This report covers the global healthcare analytics market by type, application, component, delivery model, end user, and region. • Healthcare Analytics Market, by Type • Descriptive/Retrospective Analytics • Predictive Analytics • Prescriptive Analytics • Healthcare Analytics Market, by Application • Clinical Analytics • Financial Analytics • Operational and Administrative Analytics http://www.marketsandmarkets.com/Market-Reports/healthcare-data-analytics-market-905.html

5. Key market players include IBM Corporation (U.S.), SAS Institute, Inc. (U.S.), Optum, Inc. (U.S.), Truven Health Analytics Inc. (U.S.), Cerner Corporation (U.S.), McKesson Corporation (U.S.), Verisk Analytics, Inc. (U.S.), Oracle Corporation (U.S.), Allscripts Health Solutions (U.S.), MedeAnalytics (U.S.), Inovalon, Inc. (U.S.) and Health Catalyst (U.S.). • Stakeholders include HCIT firms, healthcare analytics vendors, accountable care organizations (ACO), health insurance exchanges (HIEs), healthcare payers, providers, venture capitalists, and research and consulting firms. • Request Knowledge Store Demo : • http://www.marketsandmarkets.com/Knowledgestore.asp http://www.marketsandmarkets.com/Market-Reports/healthcare-data-analytics-market-905.html

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