The Global Healthcare Predictive Analytics Market Is Expected To Register A CAGR ~29.3% During The Forecast Period Of 2018–2023. Healthcare Predictive Analytics Market Research Report, By Components (Services, Software, Hardware), Applications (Operations Management, Financial Analytics, Population Health, Clinical Analytics), End User (Payers, Providers) Forecast Till 2023 and Region, Competitive Market Size, Share, Trends and Forecast 2018 – 2023
Some Of The Key Players In The Global Intraocular Lens Market Are : IBM Corporation (US),Optum,Inc. (US),Cerner Corporation (US),SAS Institute,Inc. (US),Allscripts Health Solutions (US),McKesson Corporation (US),MedeAnalytics,Inc. (US),Inovalon (US),Oracle Corporation (US) and others
Latest Technology Analysis Research Report Offer by Market Research Future, It Is Estimated That The Global Healthcare Predictive Analytics Market Is Expected To Register A CAGR ~29.3% During The Forecast Period Of 2018–2023.
Market Highlights
Healthcare predictive analytics is the field of advanced analytics that use predictions about future events. Historical data can be used to predict probable outcomes and accurately inform businesses about future trends.
The global healthcare predictive analytics market is expected to witness tremendous growth owing to the government initiatives to increase EHR adoption, growing venture capital investments, growing pressure to curb healthcare spending and improve patient outcomes. Other key factors such as rising healthcare costs; curb fraudulent claims, optimize provider networks, operational costs; increasing competition, the growing need to increase memberships are compelling healthcare payers to adopt analytics solutions.
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However, factors such as lack of trained medical professionals is expected to curb the growth of the market during the forecast period.
On the regional basis, the healthcare predictive analytics market in the Americas is predicted to dominate the market during the forecast period. The North American region holds substantial share in the global market.
This owes to the growth of federal healthcare regulations that curb the rising healthcare costs; rising government initiatives focusing on personalized medicine, growing EHR adoption; and population health management.
For instance, IBM invests a significant amount of its revenue in research activities to continuously improve its product portfolio. The company has invested nearly USD 24 billion in the development of its big data and analytics software and services. The major steps undertaken by the company was the acquisition of Truven Health Analytics in April 2016. This acquisition had assisted the company to acquire a major share of the Global Healthcare Predictive Analytics Market .
Moreover, major companies in the market are involved in new product launches to strengthen their position in the market. For instance, in March 2018, Verscend Technology (US) acquired General Dynamics (US) to add the latter’s solutions for tracking healthcare fraud, waste, and abuse (FWA) to its portfolio. This acquisition also enabled Verscend to strengthen its payer quality analytics and reporting solutions.
Currently, the global healthcare predictive analytics market is dominated by numerous players. The major players in this market are involved in new product launches, strategic partnerships and collaborations to increase their product portfolio. For example, in August 2018, Verscend Technology acquired Cotiviti Holdings, Inc., a leading provider of payment accuracy and analytics-driven solutions focused primarily on the healthcare industry. Also, in July 2018, Health Catalyst acquired Medicity, a PHM company offering solutions for HIEs, business intelligence, and provider and patient engagement.
The global healthcare predictive analytics market is segmented on the basis of component, application, and end user.
Intended Audience
- Medical device companies
- Analytical companies
- Government institutions
- Research and Development (R&D) companies
- Medical research laboratories
Table Of Contents: Healthcare Predictive Analytics Market
Chapter 1. Report Prologue
Chapter 2. Market Introduction
- 1 Definition
- 2 Scope Of The Study
- 2.1 Research Objective
- 2.2 Assumptions
- 2.3 Limitations
Chapter 3. Research Methodology
- 1 Overview
- 2 Primary Research
- 3 Secondary Research
- 4 Market Size Estimation
Chapter 4. Market Dynamics
- 1 Drivers
- 2 Restraints
- 3 Opportunities
Chapter 5. Market Factor Analysis
- 1 Porter’s Five Forces Analysis
- 1.1 Bargaining Power Of Suppliers
- 1.2 Bargaining Power Of Buyers
- 1.3 Threat Of New Entrants
- 1.4 Threat Of Substitutes
- 1.5 Intensity Of Rivalry
- 2 Value Chain Analysis
Chapter 6. Global Healthcare Predictive Analytics Market, By Component
- 1 Overview
- 2 Services
- 3 Software
- 4 Hardware
Chapter 7. Global Healthcare Predictive Analytics Market, By Application
Chapter 8. Global Healthcare Predictive Analytics Market, By End User
Chapter 9. Global Healthcare Predictive Analytics Market, By Region
Chapter 10. Company Landscape
Chapter 11. Company Profiles Others…..
Chapter 12 Appendix
LIST OF TABLES
TABLE 1 GLOBAL HEALTHCARE PREDICTIVE ANALYTICS MARKET SYNOPSIS, 2018–2023
TABLE 2 GLOBAL HEALTHCARE PREDICTIVE ANALYTICS MARKET ESTIMATES AND FORECAST, 2018–2023 (USD MILLION)
TABLE 3 GLOBAL HEALTHCARE PREDICTIVE ANALYTICS MARKET, BY COMPONENT, 2018–2023 (USD MILLION)
TABLE 4 GLOBAL HEALTHCARE PREDICTIVE ANALYTICS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)
TABLE 5 GLOBAL HEALTHCARE PREDICTIVE ANALYTICS MARKET, BY END USER, 2018–2023 (USD MILLION)
TABLE 6 GLOBAL HEALTHCARE PREDICTIVE ANALYTICS MARKET, BY REGION, 2018–2023(USD MILLION) others……
LIST OF FIGURES
FIGURE 1 RESEARCH PROCESS
FIGURE 2 SEGMENTATION FOR GLOBAL HEALTHCARE PREDICTIVE ANALYTICS MARKET
FIGURE 3 MARKET DYNAMICS FOR GLOBAL HEALTHCARE PREDICTIVE ANALYTICS MARKET
FIGURE 4 GLOBAL HEALTHCARE PREDICTIVE ANALYTICS MARKET SHARE, BY COMPONENT, 2017 (%)
FIGURE 5 GLOBAL HEALTHCARE PREDICTIVE ANALYTICS MARKET SHARE, BY APPLICATION, 2017 (%)
FIGURE 6 GLOBAL HEALTHCARE PREDICTIVE ANALYTICS MARKET SHARE, BY END USER, 2017 (%)
FIGURE 7 GLOBAL HEALTHCARE PREDICTIVE ANALYTICS MARKET SHARE, BY REGION, 2017 (%)
FIGURE 8 NORTH AMERICA: HEALTHCARE PREDICTIVE ANALYTICS MARKET SHARE, BY COUNTRY, 2017 (%)
FIGURE 9 EUROPE: HEALTHCARE PREDICTIVE ANALYTICS MARKET SHARE, BY COUNTRY, 2017 (%)
FIGURE 10 ASIA-PACIFIC: HEALTHCARE PREDICTIVE ANALYTICS MARKET SHARE, BY COUNTRY, 2017 (%)
FIGURE 11 MIDDLE EAST & AFRICA: HEALTHCARE PREDICTIVE ANALYTICS MARKET SHARE, BY COUNTRY, 2017 (%)
FIGURE 12 GLOBAL HEALTHCARE PREDICTIVE ANALYTICS MARKET: COMPANY SHARE ANALYSIS, 2017 (%)
FIGURE 13 IBM: KEY FINANCIALS
FIGURE 14 IBM: SEGMENTAL REVENUE
FIGURE 15 IBM: GEOGRAPHICAL REVENUE
TOC Continued…
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