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(MoneyNewsWire.Net, January 19, 2018 ) According to the report North America Healthcare Analytics Market, published by Market Data Forecast, the North America market is projected to reach USD 7.252 Billion by 2020, at a CAGR of 29.54% from 2015 to 2020.
Healthcare Analytics is defined as evidence-based approach for data collection from various sources and its analysis to designate trends and patterns for effective healthcare interventions. This has been helpful in solving many challenges related to the healthcare industry.
The usage of IT in the healthcare sector has been exponentially increasing over the previous years aiding the growth of healthcare analytics market, which uses the chronological data in estimating the future trends, evaluate the decisions and to measure the performance that helps in improving business process and outcome.
Get a comprehensive overview of the North America Healthcare Analytics Market: https://www.marketdataforecast.com/market-reports/north-america-healthcare-analytics-market-48/
North America Healthcare Analytics Market: Drivers & Restraints
The North American Healthcare Analytics Market is expected to grow at a rapid pace due to rising incidences of chronic diseases. The growing aging population, growth in analytics is fuelled with the increase in the use of IT healthcare sector also boosts the growth of the market. There is also a growing demand for advanced diagnostics and therapeutics for diseases. As for the restraints to the market, fragmented international economic and political relations, the confidentiality of the information, security issues, technological and cultural barriers and dearth of skilled workforce may also act as a threat to the market growth.
Get accurate market forecast and analysis on the North America Healthcare Analytics Market. Request a sample to stay up-to-date on the main trends affecting this market: https://www.marketdataforecast.com/market-reports/north-america-healthcare-analytics-market-48/request-sample
North America Healthcare Analytics Market: Segmentation
By Type
Predictive Analytics
Descriptive/Retrospective Analytics
Prescriptive Analytics
By Application
Financial Analytics
Clinical Analytics
Operational & Administrative Analytics
By End User
Public Health Systems
Healthcare Providers
Private Healthcare Providers
Monitoring Agencies
Health Insurance Companies
Clinical and Medical Research Bodies
Technology Vendors
From simple data collation through secondary and primary research to ad-hoc research requests relating to specific information, we provide our services via customization. Get customization at https://www.marketdataforecast.com/market-reports/north-america-healthcare-analytics-market-48/customize-report
North America Healthcare Analytics Market: Overview
Some of the key benefits of healthcare analytics include the rapid exchange of information, clarity and transparency of information, time and cost efficiency, timely emergency/preventive care, and ease of handling a big volume of data. The healthcare providers segment among the end users is most likely to grow at a higher CAGR during the forecasted period. Mandatory federal regulations, for instance the implementation of ICD-10 code sets and EHRs, swing towards value-based medicine, and the increased focus on quality care and reduced costs are aiding the growth of this segment in the North Americaan market.
North America Healthcare Analytics Market: Region-wise Outlook
On the basis of geography, the North America market is analysed under USA and Canada regions. North America currently has the largest share in the global market in 2015 and is estimated to dominate the market during the forecast period, owing to the federal mandates reassuring Healthcare IT acceptance in this region.
Key Questions Answered
What is the current and future Healthcare Analytics market outlook in North America? What trends are affecting the North America market?
What is the competitive landscape and market share of major players in the Healthcare Analytics market space in North America?
What are the key, high growth markets that Healthcare Analytics systems manufacturers should expand into? Which market segments are growing the fastest?
What are the unmet needs with the Healthcare Analytics systems currently on the market? How will emerging technologies fulfil these unmet needs?
What is physician perception and market outlook of Healthcare Analytics?
What are the challenges and barriers that have hindered widespread adoption of Healthcare Analytics systems?
North America Healthcare Analytics Market: Key Players
Some of the key players influencing the North America Healthcare Analytics market are SAS Institute, Inc., Optum, Inc., IBM Corporation, Truven Health Analytics Inc., Cerner Corporation, Verisk Analytics, Inc., McKesson Corporation, Allscripts Health Solutions, Oracle Corporation, MedeAnalytics, Inovalon, Inc. and Health Catalyst.
About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more information, kindly visit, www.marketdataforecast.com.
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