Healthcare Analytics Global Market

Forecast to 2022

Healthcare Analytics Global Market estimated to be worth $33.5 billion by 2022

IQ4I Research & Consultancy published a new report on Healthcare Analytics Global
Market Forecast To 2022 This report analyzes and studies the overall market, major
drivers & Opportunities, Restraints & Threats in North America, Europe, Asia-Pacific and
Rest of the World
IQ4Is Report Contains 97 market data tables and 34 figures spread through 306 pages
and an exhaustive TOC on Healthcare Analytics Global Market [TOOL TYPE
(Descriptive, Predictive and Prescriptive Analytics), APPLICATION (Clinical Data
Analytics, Financial Analytics, Administrative Analytics, Research Analytics and
Others), COMPONENTS (Hardware, Software, Services and Others), DELIVERY MODE
(On-premise model, Web-hosted model, Cloud-based model and Others), END USERS
(Payers, Providers, Healthcare Information Exchange and Others (ACOs, IDNs and
Employers), REGION (North America, Europe, Asia-Pacific and Rest of the World)]
This report analyzes the Healthcare Analytics global market in terms of market revenue ($
million) for all segments and it enables Healthcare Analytics stakeholders such as Payers
(Insurance companies, Government insurance providers), Providers (Laboratories, Hospitals
and Physicians), Medical device companies, healthcare Industries and IT companies to
identify and analyze market expansion opportunities, upcoming technologies and
competition in Healthcare Analytics global market.

The advent of information technology into healthcare system and adoption of EHRs has
unlocked the new areas of possibilities such as development of personalized medicine,
innovations in drug development, understanding the complication rate, instituting best
practices to name a few. Adoption of Healthcare analytics will help in reducing the hospital
stays of patients, enhanced quality care, prevention of chronic diseases, fraud detection,
reduction in medication errors and population health management practices. As estimated
by IQ4I Research, Healthcare Analytics global market is expected to grow at a double digit
CAGR to reach $33,542 million by 2022.
Federal health mandates in U.S., increasing pressure to reduce healthcare expenditure,
digitization of healthcare, the emergence of big data and advancements in analytical
technologies, rising incidence of ageing population are the factors driving the market growth.
However, factors such as data breach, security issues, transparency, interoperability issues,
and high cost of implementation and adoption barriers, complex regulatory environment are
hampering the market growth.

IQ4I Research & Consultancy Pvt. Ltd.

Page 1

Healthcare Analytics Global Market

Forecast to 2022

The Healthcare Analytics global market by type is segmented based on Tool types,
applications, components, delivery mode and End-Users. The market by tool type is divided
into Descriptive, Predictive and Prescriptive analytics, based on applications into clinical
data, financial, administrative/operational, research analytics and others. The clinical data
applications is further sub-segmented into quality care, medical error reduction, physical
performance evaluation, clinical decision support system, population health management
and customer relation management. The financial analytics is sub-segmented into claim
analytics, revenue cycle analytics and risk analytics. The Administrative analytics is further
segmented into supply chain analytics, Human resource analytics, practice management
analytics and strategic analytics. The administrative analytics occupied highest market in
healthcare analytics application market.

The healthcare analytics component market is segmented into Hardware, software and
services, the delivery mode market is classified into on-premises, web-hosted and cloud
computing sub-segments. The cloud computing sub-segment is estimated to grow at strong
CAGR from 2015 to 2022. The End-users consists of Payers, Providers, healthcare analytics
Information Exchange (HIEs) and others. The payers contributed the largest revenue as per
estimates of IQ4I Research.

The Healthcare analytics global market by geography is divided into North America, Europe,
Asia-Pacific and Rest of the World (RoW). North America commanded the largest market
share in 2015 due to Federal mandates, increasing pressure to reduce healthcare
expenditure, emergence of big data and advancements in analytical technologies,
digitalization of healthcare records, proliferation of cloud computing are contributing for
growth and is also projected to occupy largest market share.

Some of the technological advancements such as cloud technology, Wearable patient

monitoring devices, healthcare mobile app and telemedicine, cognitive computing and Image
analytics are set to improve the adoption and reach of healthcare analytics tools.

The major players in healthcare analytics market are Allscripts Healthcare Solution, Inc.
(U.S.), Cerner Corporation (U.S.), Epic Systems (U.S.), IBM Corporation (U.S.), Information
Builders, Inc. (U.S.), McKesson Corporation (U.S.), MedeAnalytics, Inc. (U.S.), Oracle
Corporation (U.S.), Optum, Inc. (U.S.), and Verisk Analytics (U.S.).

IQ4I Research & Consultancy Pvt. Ltd.

Page 2

Healthcare Analytics Global Market

Forecast to 2022

Reasons for buying this report:

Analysis of the Healthcare Analytics global market by identifying various segments by

type, end-users and geography.

Revenue forecast of the Healthcare analytics market and strategic analysis of each
submarket with respect to segmental growth trends.

Analysis of the major market trends and factors driving or inhibiting the growth of the
healthcare analytics global market.

Revenue forecast of the healthcare analytics market with respect to North America,
Europe, Asia-Pacific and the Rest of the World (RoW) regions.

Analysis of the opportunities for stakeholders by identifying the high-growth

segments of the market.

Market share analysis of key players in healthcare analytics, details of their product
offerings, revenues, business strategies and SWOTs

Established and Emerging players (86 companies) and their product offerings.
FIGURE 1
HEALTHCARE ANALYTICS GLOBAL MARKET SEGMENTATION

Healthcare Analytics Global

Market

By Tool type

By Components

By Delivery mode

By Application

By
Users
ByEnd
End-Users

Descriptive analytics

Hardware

On-premise

Clinical data
analytics

Payers

Predictive analytics

Software

Web-hosted

Financial
analytics

Providers

Prescriptive analytics

Services

Cloud

Operational
/Administrative
analytics

HIE

Research
analytics

Others

IQ4I Research & Consultancy Pvt. Ltd.

Page 3