Freelancer Global Market Research Report Healthcare Analytics Industry Overview, Growth, Op

Healthcare Analytics Market Analysis to 2025
This immense complexity could challenge the global healthcare industry implementing smarter and
more informed decisions, to deliver better value and improved outcomes. In addition, the increasing
regulatory presence of government creates additional focus on accountability, governance and
oversight on the industry. Market dynamics and competitive pressures require enhanced
understanding of underlying trends and a path to differentiation. Building analytics competency will
enable the healthcare organizations to deliver better outcomes, set their future vision and create
actionable insights. Analytics can improve effectiveness and efficiency.
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During the past few years, there has been an exponential growth in the availability of patient
healthcare data, number of available health information technologies in the market and their use by
the hospitals and clinicians. This development is reinforced by various factors such as suitable
government laws and regulations, availability of various health data analytics technologies, rapidly
declining costs of data acquisition and growing awareness among the healthcare professionals and
providers about usage of information technology, and storage of structured and unstructured data.
Currently, the global healthcare industry is experiencing fundamental transformation to a value
based business from a volume based business.
Top Key Players:-
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IBM Corporation
Oracle Corporation
McKesson Corporation
Truven Health Analytics and Cerner Corporation
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Market-Analysis-to-2025
With the increasing demand from consumers for improved healthcare quality and enhanced value,
the healthcare providers and payers around the world are challenged by reduction of costs, improve
better outcomes, provide more with less and be more patient centric. Similarly, the cost dynamics of
the healthcare industry are changing drastically, which is mainly driven by the prevalence of chronic
and infectious diseases, and defensive medicine practices. Large numbers of new market entrants
and innovative healthcare approaches to deliver the treatments are increasing the complexity and
competition. As a result, the healthcare industry is becoming more and more complex over the next
few years.
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