The Analysis In This Research Report Focuses On The Worldwide Scope Of The Expanding Role Of Healthcare Business Intelligence (BI) Market In The Design And Development Of Healthcare Products And Services, Delivery Systems And Healthcare Administration. Healthcare Is At an Important Crossroads In That Current Models of Care Are Increasingly Seen By Global Market Places with Application Deployment Model and End User — Global Forecast Till 2023
Key Players
Some of the foremost players in the global healthcare business intelligence market are, International Business Machines Corporation,SAS Institute, Tableau Software, MicroStrategy Incorporated, Qlik Technologies, Information Builders, Sisense, Yellowfin International Pty Ltd, and BOARD International S.A.
Market Highlights
The Global Healthcare Business Intelligence (BI) Market held a market value of USD 3,650.1 million in 2017 and is projected to grow at a CAGR of 15.5% over the forecast period.
Business intelligence is a set of processes, architectures, and technologies used for the collection, integration, analysis, and presentation of business information. Healthcare data analytics provides healthcare companies and hospitals to prepare, analyze & visualize big and disparate data.
Factors characterizing the market growth are the worldwide surge in the number of patient registries, increasing adoption of big data in healthcare, the presence of government initiatives to increase electronic health record (EHR) adoption, and growing need to curb healthcare costs. On the contrary, the lack of skilled professionals in the Asia-Pacific and African regions along with the complexity of systems is anticipated to hinder the market growth over the forecast period.
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Novel trends in the healthcare business intelligence are artificial intelligence (AI) or machine learning, data insurance or security, multi-cloud system, and advanced analytics, which is increasingly facilitating the adoption of BI in the healthcare sector. Big data analytics along with the internet of things are revolutionizing the healthcare sector in terms of health tracking, reducing healthcare associated costs, assisting high-risk patients, and preventing human errors.
Segmentation
The global healthcare business intelligence market has been segmented into component, function, application, deployment model, end user, and region.
By component, the market has been segmented into platforms, software, and services.
On the basis of function, the market has been divided into OLAP and visualization, performance management, and query and reporting.
Based on application, the market has been categorized into financial analysis, clinical analysis, and operational analysis. The financial analysis is further categorized into claims processing, revenue cycle management, payment integrity and fraud, waste, and abuse, and risk adjustment and assessment. The clinical analysis segment is sub-segmented into quality improvement and clinical benchmarking, clinical decision support, regulatory reporting and compliance, comparative analytics/effectiveness, and precision health. The operational analysis segment is additionally divided into inventory analysis, workforce analysis, and strategic analysis.
By deployment model, the market has been divided into cloud-based, on-premise, and hybrid. On the basis of end user, the market has been categorized into payers, providers, and others.
Regional Analysis
The global healthcare business intelligence market has been segmented by region into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. On the basis of region, the Americas is expected to dominate the global healthcare business intelligence market. This is due to the presence of software and service vendors, and sophisticated healthcare infrastructure, mounting adoption of data-driven decision-making, and emerging fields of prescriptive, predictive analytics.
Europe would be the second-largest region in the healthcare business intelligence market due to burgeoning healthcare vertical, increasing adoption of advanced medical technologies, and the presence of vendors such as SAP SE and BOARD International S.A.
The market in Asia-Pacific is expected to exhibit comparatively higher CAGR over the forecast period owing to increasing penetration of smartphones and internet, increasing investments in the healthcare infrastructure, rapid industrialization in India, China, and Japan, and a growing number of start-ups focusing on mobile application development.
The Middle East & Africa has the least share of the global healthcare business intelligence market. Additionally, the major market share of the region would be held by the Middle East region as the business intelligence and analytics solutions are of paramount importance to organizations in the Gulf Cooperation Council (GCC) countries.
Table Of Contents:
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1. Definition
2.2. Scope Of The Study
2.2.1. Research Objective
2.2.2. Assumptions
2.2.3. Limitations…
Chapter 3. Research Methodology
3.1. Introduction
3.2. Primary Research
3.3. Secondary Research
3.4. Market Size Estimation..
Chapter 4. Market Dynamics
4.1. Drivers
4.2. Restraints
4.3. Opportunities
4.4. Challenges
4.5. Macroeconomic Indicators
4.6. Detection Technique Trends & Assessment…
Chapter 5. Market Factor Analysis
5.1. Porter’s Five Forces Analysis
5.1.1. Bargaining Power Of Suppliers
5.1.2. Bargaining Power Of Buyers
5.1.3. Threat Of New Entrants
5.1.4. Threat Of Substitutes
5.1.5. Intensity Of Rivalry
5.2. Value Chain Analysis
5.3. Investment Feasibility Analysis
5.4. Pricing Analysis….
Chapter 6. Global Healthcare Business Intelligence Market, By Component
6.1. Introduction
6.2. Platforms
Market Estimates & Forecast, By Region, 2018–2023
Market Estimates & Forecast, By Country, 2018–2023
6.3. Software
Market Estimates & Forecast, By Region, 2018–2023
Market Estimates & Forecast, By Country, 2018–2023
6.4. Services
Market Estimates & Forecast, By Region, 2018–2023
Market Estimates & Forecast, By Country, 2018–2023…
Chapter 7. Global Healthcare Business Intelligence Market, By Function
7.1. Introduction
7.2. OLAP And Visualization
Market Estimates & Forecast, By Region, 2018–2023
Market Estimates & Forecast, By Country, 2018–2023
7.3. Performance Management…
Chapter 8. Global Healthcare Business Intelligence Market, By Application
8.1. Financial Analysis
8.1.1. Claims Processing
Market Estimates & Forecast, By Region, 2018–2023..
Chapter 9. Global Healthcare Business Intelligence Market, By Deployment Model
9.1. Introduction
9.2. Cloud-Based
Market Estimates & Forecast, By Region, 2018–2023
Market Estimates & Forecast, By Country, 2018–2023…
Chapter 10. Global Healthcare Business Intelligence Market, By End User
10.1. Introduction
10.2. Payers
Market Estimates & Forecast, By Region, 2018–2023
Market Estimates & Forecast, By Country, 2018–2023….
Chapter 11. Global Healthcare Business Intelligence Market, By Region
11.1. Introduction
11.2. Americas
11.2.1. North America
11.2.1.1. US
11.2.1.2. Canada
11.2.2. Latin America
11.3. Europe…
Chapter 12. Company Landscape
12.1. Introduction
12.2. Market Share Analysis…
Chapter 13. Company Profiles
13.1. Microsoft Corporation
13.1.1. Company Overview
13.1.2. Product Overview…
Chapter 14. MRFR Conclusion
14.1. Key Findings
14.1.1. From CEO’s Viewpoint
14.1.2. Unmet Needs Of The Market…
Chapter 15. Appendix
LIST OF TABLES
Table 1. Global Healthcare Business Intelligence Market Synopsis, 2018–2023
Table 2. Global Healthcare Business Intelligence Market Estimates And Forecast, 2018–2023 (USD Million)
Table 3. Global Healthcare Business Intelligence Market, By Region, 2018–2023 (USD Million)
Table 4. Global Healthcare Business Intelligence Market, By Component, 2018–2023 (USD Million)
Table 5. Global Healthcare Business Intelligence Market, By Function, 2018–2023 (USD Million)
Table 6. Global Healthcare Business Intelligence Market, By Application, 2018–2023 (USD Million)
Table 7. Global Healthcare Business Intelligence Market, By Deployment Model, 2018–2023 (USD Million)
Table 8. Global Healthcare Business Intelligence Market, By End User, 2018–2023 (USD Million)
Table 9. North America: Healthcare Business Intelligence Market, By Component, 2018–2023 (USD Million)
Table 10. North America: Healthcare Business Intelligence Market, By Function, 2018–2023 (USD Million)….
LIST OF FIGURES
Figure 1. Research Process
Figure 2. Segmentation For Global Healthcare Business Intelligence Market
Figure 3. Segmentation Market Dynamics For Global Healthcare Business Intelligence Market
Figure 4. Global Healthcare Business Intelligence Market Share, By Component, 2017
Figure 5. Global Healthcare Business Intelligence Market Share, By Function, 2017
Figure 6. Global Healthcare Business Intelligence Market Share, By Application, 2017
Figure 7. Global Healthcare Business Intelligence Market Share, By Deployment Model, 2017
Figure 8. Global Healthcare Business Intelligence Market Share, By End User, 2017
Figure 9. Global Healthcare Business Intelligence Market Share, By Region, 2017
Figure 10. North America: Healthcare Business Intelligence Market Share, By Country, 2017 Others….
TOC Continued…
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