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Research and Markets: Global Healthcare Analytics Market Expected to Reach $10.8 Billion By 2017, Report Says

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DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/kcj5pq/healthcare) has announced the addition of the "Healthcare Analytics Market - Trends and Global Forecasts to 2017" report to their offering.

“Healthcare Analytics Market - Trends and Global Forecasts to 2017”

The healthcare analytics market is estimated to be $3.7 billion in 2012 and is growing at a rate of 23.7% from 2012 to 2017. The medical analytics market is showing a double-digit growth due to supportive elements such as digitization of world commerce, the emergence of big data and the advance of analytical technologies. Healthcare organizations can differentiate themselves through data analytics. Growth factors include federal healthcare mandates, wide scope of predictive analytics and improvements in the financial and operative function. Challenges for this industry include the security of data, privacy of individual patients and lack of manpower with cross-functional analytical skills.

Healthcare payers as well as the providers are leading the users of health care analytics for a range of functions from suggesting the most accurate diagnoses, cost reduction, fraud prevention, revenue generation, service improvement to real-time view of the business. The major driver for business analytics is the return on Investments (ROI), with a median of five years, from 10.0% to 1,000.0%.

The healthcare analytics market is a well-established market in the U.S. It is showcasing double-digit growth compared to other healthcare IT market. The European market is the second largest market, growing at a lower rate due to the economic crisis. The Asian market is relatively new to the healthcare data analytics, however, the increasing initiatives and outsourcing will drive the market. Australia and New Zealand are developed market in terms of healthcare IT, and are setting an example for the use of healthcare data analytics.

The major players in the market are Verisk, Medai, MedeAnalytics, Optum Health, Truven Health, McKesson, Cerner and other larger players such as IBM, Oracle.

Key Topics Covered

1 Introduction

2 Executive Summary

3 Market Overview

3.1 Introduction

3.2 Market Definition

3.3 Market Segmentation

3.4 Market Dynamics

3.5 Challenges

3.6 Benefits

4 Global Healthcare Analytics Market, By Application

4.1 Introduction

4.2 Clinical Analytics

4.3 Financial Analytics

4.4 Predictive Analytics

4.5 Operational & Administrative Analytics

4.6 Research

5 Global Healthcare Analytics Market, By Components

5.1 Introduction

5.2 Hardware

5.3 Software

5.4 Services

6 Global Healthcare Analytics Market, By Delivery Modes

6.1 Introduction

6.2 On-Premises

6.3 Web-Hosted

6.4 Cloud-Based

7 Global Healthcare Analytics Market, By End-Users

7.1 Introduction

7.2 Healthcare

7.3 Others

8 Geographic Analysis

9 Competitive Landscape

10 Company Profile

Companies Mentioned

- Cerner Corporation

- Fuzzy Logix

- Humedica

- Ibm Corporation

- Information Builders

- Inovalon

- Kyruus

- Mckesson Corporation

- Medai

- Medeanalytics

- Metric Insights

- Optumhealth

- Oracle Corporation

- Paradigm4

- Precision Software

- Predixion Software

- Rapid Insight

- Sas Institute

- Truven Health Analytics

- Vantage Point Healthcare Information Systems

- Verisk Analytics

- Vitalspring Technologies

For more information visit http://www.researchandmarkets.com/research/kcj5pq/healthcare

About Research and Markets

Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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