Healthcare Analytics Industry Analysis and Growth Estimates 2015-2020 Healthcare Analytics Market 2020 Estimated to Grow | Page 2
Global Healthcare Analytics Market
According to the report "Healthcare Analytics Market by Type, by application, by End User and by
Region - Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2015–2020)",
published by Market Data Forecast, the global market is projected to reach USD 17.62 Billion by 2020,
at a CAGR of 25.41% from 2015 to 2020.
For full report refer to http://www.marketdataforecast.com/market-reports/global-healthcareanalytics-market-45/
Increased healthcare mandates worldwide, rise in adoption of IT in healthcare sector, the emergence
of big data, developments in the fields of prescriptive, predictive analytics, the digitization of world
commerce, and capital investments are fuelling the market growth of this sector. However, security
concerns, issues with confidentiality of the data, technological and cultural barriers at the data source
point, and unavailability of skilled workforce are limiting the growth of this industry. Furthermore,
associated hurdles in creating global analytics network due to the political and economic barriers
between countries are posing as serious challenge to the development of healthcare analytics market.
Free sample for the report is available at http://www.marketdataforecast.com/marketreports/global-healthcare-analytics-market-45/request-sample
Besides, operational advantages to the healthcare industry in terms of consolidation of the health
records and revenue management cycle, there are more than a few other domains where healthcare
analytics can be used effectively.
The Global Healthcare analytics market is segmented as follows
1) By Type
Predictive Analytics
Descriptive/Retrospective Analytics
Prescriptive Analytics
2) By Application
Financial Analytics
Clinical Analytics
Operational & Administrative Analytics
3) By End-user
Public Health Systems
Healthcare Providers
Private Healthcare Providers
Monitoring Agencies
Health Insurance companies
Clinical and Medical Research Bodies
Technology Vendors
Among the end users, the healthcare providers segment is expected to grow at the highest CAGR
during the forecast period. Federal mandates, such as the employment of EHRs and ICD-10 code sets,
interest towards value-based medicine, and the mounting pressure for quality care and reduced costs
are propelling the growth of this segment.
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