good at this due to various reasons like high initial investment and lack of skilled professionals, and the introduction of cloud-based analytics will make them focus once again on treating people. Some of the other benefits of cloud-based analytics are the rapid exchange of information, clarity, and transparency of information, time and cost efficiency, timely emergency / preventive care, and ease of handling a big volume of data.
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The global healthcare cloud-based analytics market is segmented on the basis of technology / platform( predictive analytics, prescriptive analytics, and descriptive analytics), application( clinical data analytics, financial data analytics, administrative data analytics, and research data analytics), component( software, hardware, and services), end-user( healthcare, pharmaceuticals, biotechnology, academia, research, and others), and geography( North America, Europe, Asia-Pacific, Middle East & Africa and Latin America).
In spite of being on the advantageous side, this technology has not been able to attract as many customers( healthcare providers) as it should have. According to a recent HIMSS Analytics Survey, only three percent of surveyed healthcare providers with 101-plus beds have deployed a cloud-based model for analytics and not even 20 % are planning to adopt this technology in the near future, which is a very sad reality for everyone, including the ultimate customers( patients) as well as providers. The main reason for this is a trust deficit between healthcare providers and cloud providers but as technology advances and cloud providers grow in size, this gap will be bridged, and one can hope for a better relationship between them, leading to better, reliable and faster service.
The primary stakeholders of this technology are healthcare IT firms, healthcare analytics vendors, care organizations, health insurance providers, healthcare payers, healthcare providers, research firms, consultants, ambulatory services, and venture capitalists.
Some of the key players in the market are: Allscripts Healthcare Solutions, Inc. Cerner Corporation CitiusTech HP McKesson Optum Health Verisk Analytics
Key Deliverables in the Study Market analysis for the cloud-based analytics market, with region-specific assessments and competition analysis on the global and regional scale. Market definition along with the identification of key drivers and restraints.
Identification of factors instrumental in changing the market scenario, rising prospective opportunities,
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