Predictive Analytics in Healthcare Market Scope
Predictive Analytics in the Healthcare market is expected to grow in the future due to improving efficiencies for the operational management of health care business operations, accuracy of diagnosis and treatment in personalized medicine, and increased insights to enhance cohort treatment. It helps to encourage data-sharing to produce more results that are accurate.
The market study is segmented, by Application (Operations Management, Reporting & Compliance, Financial Data Analytics, Population Health and Clinical) and major geographies with country level break-up.
Global Predictive Analytics in the Healthcare market is highly fragmented in nature owing to the presence of a large number of market players across the globe. Various market strategies including partnership, collaborations, expansions, and setting up new facilities are expected to be used by these market players in order to increase their market share and strengthen market position in the global market over the forecast period. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Predictive Analytics in Healthcare market throughout the predicted period.
Allscripts Healthcare Solutions (United States), Cerner Corporation (United States), IBM Corporation (United States), Information Builders (United States), MedeAnalytics (United States), Optum (United States), Oracle Corporation (United States), SAS Institute (United States), Microsoft Corporation (United States) and Verisk Analytics Inc (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Viteros Health (United States) and Wipro (India).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AdvanceMarketAnalytics has segmented the market of Global Predictive Analytics in Healthcare market by Type, Application and Region.
On the basis of geography, the market of Predictive Analytics in Healthcare has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
In July 2020, Allscripts and Microsoft Corp. announced the extension of their long-standing strategic alliance to enable the expanded development and delivery of cloud-based health IT solutions.
In Mar 2020, Information Builders Inc. announced new capabilities with its healthcare information management platform, Omni-HealthData, that enable better understanding and use of social determinants of health (SDOH) in providing quality patient care and integrated services. Omni-HealthData brings together clinical and SDOH data within a geospatial context that helps identify individuals and populations for care interventions and delivers insights for strategic healthcare initiatives.
- Technological Development in Drug Discovery
- Rising Demand for Personalized and Evidence-based Medicine
- Increasing Incidence of Healthcare Fraud
- Government Initiatives to Support Digitization in the Healthcare Industry
- Rising Adoption of Cloud-Based Analytics Solutions in the Healthcare Industry
- Data privacy and theft issues
- High Cost of Analytics Solutions
- Lack of Skilled Professionals
Key Target AudiencePredictive Analytics in Healthcare Provider, Technology Provider, Potential Investors, Research Firm, Technology Investors, Healthcare Industry and Others
Customization available in this Study:The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase