Global Healthcare Analytics Market
According to the report " Healthcare Analytics Market ” published by Market Data Forecast , the global market is projected to reach USD 17.62 Billion by 2021 , at a CAGR of 25.41 % from 2016 to 2021
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 .
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
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