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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