Freelancer Global Market Research Report Healthcare Analytics Market Report 2018

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.
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Currently, the global healthcare industry is experiencing fundamental transformation to a
value-based business from a volume-based business. 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 number of new
market entrants and innovative healthcare approaches to deliver the treatments are
increasing the complexity and competition
Top Key Players:-
 IBM Corporation
 Oracle Corporation
 McKesson Corporation
 Truven Health Analytics
Cerner Corporation
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Market-Analysis-and-Forecast-to-2025
As a result, the healthcare industry is becoming more and more complex over the next few

years. 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.
The Scope of the report includes segmental analysis based on type, component and based
on type of application. The geographic analysis section covers market for North America,
Europe, Asia-Pacific, Latin America, and Middle East & Africa. North America dominates the
healthcare analytics market, which is evident from the presence of key market players in the
United States. Moreover, the large market share is attributable to the impact of legislations
in the U.S such as Electronic Health Records (EHR), and incentives funded by the Health
Information Technology for Economic and Clinical Health (HITECH).