The article cited AMA's "Global Clinical Data Analytics in Healthcare Market Study" explored CAGR of %. According to the report, Use of Artificial Intelligence, Natural Language Processing and Big Data in Healthcare is one of the primary growth factors for the market. Government Initiatives to Increase EHR Adoption
is also expected to contribute significantly to the Clinical Data Analytics in Healthcare market. Overall, Quality Improvement and Clinical Benchmarking
applications of Clinical Data Analytics in Healthcare, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Deployment Model, such as Cloud, is boosting the Clinical Data Analytics in Healthcare market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The End User, such as Hospitals & Clinics, is boosting the Clinical Data Analytics in Healthcare market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Clinical Data Analytics in Healthcare market identified that the demand is rising in many different parts of the world as "Advancement in Healthcare Infrastructure in Developing Economies
". Furthermore, some recent industry insights like "In Mar 2020, Inspirata unveiled its new cancer and clinical data extraction software service. Leveraging the power of artificial intelligence (AI) and natural language processing (NLP), the software standardizes patient data from clinical reports, identifies critical cancer information, determines the relevant context, and provides expert interpretation." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Clinical Data Analytics in Healthcare market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Clinical Data Analytics in Healthcare market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Clinical Data Analytics in Healthcare market size is calculated using market estimation process, the Clinical Data Analytics in Healthcare market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Clinical Data Analytics in Healthcare market size has been validated using both top-down and bottom-up approaches.