Several prominent players operating in the Healthcare
Clinical Analytics market adopted partnership as their key strategies.
Companies such as IBM ,
Cerner , Oracle , McKesson corporation, Medeanalytics, Inc. ,
Optum, Inc. , Allscripts Healthcare solutions, Inc., Truven
Healthanalytics, Inc., Verisk Analytics ,and MEDai's Health have
introduced innovative and technologically advanced products to capture more
market share
The global healthcare clinical analytics market is
estimated to be USD XX billion in 2016 and is projected to reach USD XX billion
by 2021, growing at a CAGR of XX% during the forecast period from 2016 to 2021.
Clinical analytics refers to the capture and use of
discrete clinical data to identify and measure quality, patient safety or service
line efficiencies and improvements. Clinical analytics has the potential of
transforming the healthcare industry and taking the healthcare industry one
step closer to timely, effective, equitable, and excellent care.
Global Healthcare Clinical Analytics Market-Market Dynamics
Global Healthcare Clinical Analytics Market-Market Dynamics
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Healthcare is undergoing a transition from an era where
patient outcome data was locked in manual forms and databases to an era where
aggregate clinical data is available for knowledge discovery, clinical
decisions are supported by synthesized information, and healthcare processes
and outcome are more transparent. This transformation has enabled healthcare to
benefit from highly advanced analytical, statistical and mathematical tools.
Drivers
Drivers
Some of the factors fueling the growth of the healthcare
clinical analytics market are:
High adoption rates of electronic record systems such as EHR and EMR
Emergence of evidence-based medicine
Integration of big data in healthcare
Technological advancements
Ever-increasing clinical data
Need for cutting cost and increasing efficiency
Restraints
High adoption rates of electronic record systems such as EHR and EMR
Emergence of evidence-based medicine
Integration of big data in healthcare
Technological advancements
Ever-increasing clinical data
Need for cutting cost and increasing efficiency
Restraints
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The technology also has certain constraints to overcome,
such as:
Lack of infrastructure for handling and computing loads of data
High cost of initial investments
Lack of properly trained IT professionals in healthcare sector
Data integrity and safety concerns
Opportunities
Lack of infrastructure for handling and computing loads of data
High cost of initial investments
Lack of properly trained IT professionals in healthcare sector
Data integrity and safety concerns
Opportunities
The technology has several opportunities as well. These
include:
Introduction and implementation of Electronic Health Records (EHR)
Rising investments in venture capital funds
Implementation of trends in the medical-IT field, such as precision medicines, EHR, analytics-driven personalized medicines, clinical DSS, health and disease management, and so on
Emphasis on healthcare in emerging economies
Challenges
Introduction and implementation of Electronic Health Records (EHR)
Rising investments in venture capital funds
Implementation of trends in the medical-IT field, such as precision medicines, EHR, analytics-driven personalized medicines, clinical DSS, health and disease management, and so on
Emphasis on healthcare in emerging economies
Challenges
Technological advancements in the field of clinical
analytics will uncover more advanced and sophisticated analytical techniques,
which will make data handling, computing and reporting efficient and less
time-consuming. But to reach that stage, we still need to address the challenge
of coming up with a standard method of data input. Standardization will convert
data into information and then the analytical method will be able to come up
with actionable insights by analyzing this information.
The global healthcare clinical analytics market is
segmented on the basis of technology (predictive analytics, prescriptive
analytics, and descriptive analytics), application (regulatory reporting,
compliance and transparency, quality improvement, clinical decision support,
population health management, comparative effectiveness, public health
surveillance), component (software, hardware, and services), deployment
(on-premise model and cloud-based model), end-user (private organization
(hospitals, clinics, laboratories), government organization, pharmaceuticals,
biotechnology and research institutions), and geography (North America, Europe,
Asia-Pacific, Middle East & Africa and Latin America).
The primary stakeholders of this technology are healthcare
IT firms, healthcare analytics vendors, care organizations, health insurance providers,
healthcare payers, healthcare providers, research firms, consultants,
ambulatory services, and venture capitalists.
Some of the key players in the market are:
Allscripts Healthcare solutions, Inc.
Cerner
IBM
McKesson corporation
Medeanalytics, Inc.
Oracle
Optum, Inc.
Allscripts Healthcare solutions, Inc.
Cerner
IBM
McKesson corporation
Medeanalytics, Inc.
Oracle
Optum, Inc.
Key Deliverables in the Study
Market analysis for the healthcare clinical analytics market, with region-specific assessments and competition analysis on the global and regional scale.
Market definition along with the identification of key drivers and restraints.
Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their market share.
Identification and analysis of the macro and micro factors that affect the healthcare clinical analytics market on both global and regional scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped.
Market analysis for the healthcare clinical analytics market, with region-specific assessments and competition analysis on the global and regional scale.
Market definition along with the identification of key drivers and restraints.
Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their market share.
Identification and analysis of the macro and micro factors that affect the healthcare clinical analytics market on both global and regional scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped.
Browse Complete Report @ http://www.orbisresearch.com/reports/index/global-healthcare-clinical-analytics-market-growth-trends-and-forecast-2017-2022 .
Some points from TOC:
1. Introduction
1.1. Study deliverables
1.2. Market Definition
1.3. Sizing Units
1.4. Base Currency
1.5. Review and forecast period years
1.6. General Study Assumptions
1.7 Report Description
1.1. Study deliverables
1.2. Market Definition
1.3. Sizing Units
1.4. Base Currency
1.5. Review and forecast period years
1.6. General Study Assumptions
1.7 Report Description
2. Research Methodology
2.1. Introduction
2.2. Analysis Methodology
2.3. Econometric forecast models
2.4. Research Assumptions
2.1. Introduction
2.2. Analysis Methodology
2.3. Econometric forecast models
2.4. Research Assumptions
3. Executive Summary
4. Key Inferences
5. Market Overview & Industry Trends
5.1. Current market scenario
5.2. Technology Overview
5.3. New developments
5.4. Investment analysis
5.5. PorterFive Force Analysis
5.5.1 Bargaining Power of suppliers
5.5.2 Bargaining power of buyers
5.5.3 Degree of competition
5.5.4 Threat of substitution
5.5.5 Threat of new entrants
5.1. Current market scenario
5.2. Technology Overview
5.3. New developments
5.4. Investment analysis
5.5. PorterFive Force Analysis
5.5.1 Bargaining Power of suppliers
5.5.2 Bargaining power of buyers
5.5.3 Degree of competition
5.5.4 Threat of substitution
5.5.5 Threat of new entrants
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