According to a market report published by Lucintel, the future of the healthcare analytic/medical analytic market looks promising with opportunities in the payers, private insurance companies, government agencies, employers and private exchanges, hospitals, physician practices, IDNs and healthcare providers, post-acute organizations, ambulatory settings, ACOs, HIEs, MCOs and TPAs. The global healthcare analytic/medical analytic market is expected to grow with a CAGR of 27% from 2019 to 2024. The major drivers for this market are implementation of government initiatives to increase EHR adoption, growing venture capital investments, growing pressure to curb healthcare spending and improve patient outcomes, big data in healthcare, and launch of new/upgraded healthcare analytic solutions and services.
In this market, descriptive, predictive, and prescriptive analytic are the major product type. On the basis of comprehensive research, Lucintel forecasts that the descriptive analytics will remain the largest segment. Prescriptive analytic is expected to witness highest growth over the forecast period.
Within this market, clinical analytic, financial analytic, operational and administrative analytic, and population health analytic are the major applications. Financial analytic will remain the largest application and it is also expected to witness highest growth in the forecast period due to rising focus of payers on the early detection of fraud and reducing preventable costs.
North America will remain the largest market over the forecast period due to increasing regulatory requirements and growing EHR adoption in the region.
Allscripts Healthcare Solutions, Cerner, Health Catalyst, IBM, Inovalon, Mckesson, Medeanalytic, Optum, Oracle, and SAS Institute are among the major manufacturers of healthcare analytic/medical analytic market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global healthcare analytic/medical analytic market by product type, application, components, delivery mode, end user, and region. Lucintel has prepared a comprehensive research report entitled "Global Healthcare Analytic/Medical Analytic Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global healthcare analytic/medical analytic market by product type, application, components, delivery mode, end user, and region as follows:
By Product Type [$M shipment analysis for 2013 – 2024]:
Descriptive Analytic
Predictive Analytic
Prescriptive Analytic
By Application [$M shipment analysis for 2013 – 2024]:
Clinical Analytic
Financial Analytic
Operational and Administrative Analytic
Population Health Analytic
By Component [$M shipment analysis for 2013 – 2024]:
Software
Services
Hardware
By Delivery Mode [$M shipment analysis for 2013 – 2024]:
By End-user [$M shipment analysis for 2013 – 2024]:
Payers
Private Insurance Companies
Government Agencies
Employers and Private Exchanges
Hospitals, Physician Practices, IDNs and Healthcare Providers
Post-acute Organizations
Ambulatory Settings
ACOs, HIEs, MCOs and TPAs
By Region [$M shipment analysis for 2013 – 2024]:
United States
Canada
Mexico
United kingdom
Germany
France
Italy
Spain
This research report of more than 150 pages will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link…… or helpdesk@lucintel.com.
About Lucintel
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