What is Healthcare Analytics Solutions Market?
Healthcare analytics solutions can be delivered as software as a service and also can be cloud-based. This analytics solution consists of a vast amount of patient data in electronic form to provides healthcare organizations and businesses with all the insights. The insights are created on the basis of predictive, prescriptive, and descriptive form helping in all the decision-making need to improve and manage the healthcare data and other operations.
The market study is being classified by Type (SaaS and Web-based), by Application (Clinical and Financial) and major geographies with country level break-up.
IBM (United States), Oracle (United States), OptumHealth (United States), Verisk Analytics, Inc. (United States), ScienceSoft USA Corporation (United States), Elsevier (Netherlands), MedeAnalytics (United States), McKesson Corporation (United States), Cerner Corporation (United States), SAS Institute Inc. (United States), QPharma, Inc. (United States), Allscripts Healthcare Solutions, Inc. (United States) and Express Analytics (India) are some of the key players profiled in the study.
Analyst at AMA have segmented the market study of Global Healthcare Analytics Solutions market by Type, Application and Region.
On the basis of geography, the market of Healthcare Analytics Solutions 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). North America region held largest market share in the year 2020. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growing Healthcare Transformation with Requirement of Insights available For Accurate Analysis of Clinical and Financial Data
- Rising Number of Electronic Health Record Data
- Increasing Use of Artificial Intelligence and Predictive Technology in Healthcare Analytics Solutions
- Low Availability and Less Knowledge about the Healthcare Analytics Solutions in the Rural Parts of the World
- Surging Demand for the Healthcare Analytics Solutions in Developing Countries with the Growing Patient Data
- Risk of Data Privacy with the Healthcare Analytics Solutions
Market Leaders and some development strategies
On 19th March 2021, Optum and Change Healthcare have agreed to combine, uniting two of the nation's largest technology and service companies. The agreement is expected to close in the second half of 2021, with Optum buying Change's common stock. The Blackstone Group, which owns approximately 20% of the common stock of Change Healthcare, has agreed to vote the shares they control in favor of the combination.
On 9th June 2021, QPharma, a leader in Medical, Commercial, and Compliance Services for the life sciences industry announced the launch of Neolytica, a subsidiary that will take healthcare analytics to an entirely new level.
Key Target AudienceHealthcare Analytics Solutions Providers, Healthcare Analytics Industry Associations, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
Frequently Asked Questions (FAQ):
1. Which factors would majorly drive the Healthcare Analytics Solutions Market?
"Growing Healthcare Transformation with Requirement of Insights available For Accurate Analysis of Clinical and Financial Data
" is seen as one of major growth factors of Healthcare Analytics Solutions Market in years to come.
2. Can we have customized study for Healthcare Analytics Solutions Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. Which region will lead the Global Healthcare Analytics Solutions Market?
North America will lead the Healthcare Analytics Solutions Market.