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Healthcare Business Intelligence Market Emerging Trends, Growth Factors 2025 | Siemens AG, McKesson Corporation, Cognizant, Health Catalyst, Verisk Analytics, Microsoft, Information Builders, Oracle and Accenture

Press release   •   Mar 07, 2019 20:12 IST

High Growth Healthcare Business Intelligence Market

The Insight Partners syndicated research service provides complete solution to the client requirements through their experienced analyst team. Healthcare Business Intelligence Market Research report provides in-depth analysis on the topic and discuss drivers, restraints and opportunities available in the market. The service is designed to help our clients in their decision support system. The analysis also cover the complete spectrum of the research topic to help our clients meeting their business objective.

Business intelligence (BI) is defined as a set of techniques, technologies, and tools, which are used for the collection of raw data and then transformed it into meaningful, useful and insightful information. It provides present, past and future view of business processes. In health care the meaning of executive performance is varying as rapidly as the requirement for it is increasing. Business intelligence provide information, integration, delivery and analysis capabilities to healthcare organizations. The complex data gathered from numerous sources (operational, patient data) is analyzed and used by healthcare providers with the aid of BI platforms for the larger population.

The healthcare business intelligence market is anticipated to grow with a significant rate in the coming years, owing to factors such as, rise in healthcare data, growing adoption of business intelligence systems by the healthcare providers, increasing healthcare expenditure and hence the need to use technology for cost reduction drive the market. Due to traditional systems are expected to be replaced by new technologically advanced systems in response to government regulations. Healthcare business intelligence market are expected to offer growth opportunities for the players operating in the market.

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Top Dominating Key Players:

1. Siemens AG
2. McKesson Corporation
3. Cognizant
4. Health Catalyst
5. Verisk Analytics, Inc.
6. Microsoft
7. Information Builders
8. Oracle
9. Accenture
10. TABLEAU SOFTWARE

The global healthcare business intelligence market is segmented on the basis of function, technology, application, and end user. The function segment includes, query and reporting tools, performance management/ monitoring & alerts, and online analytical processing (OLAP) and visualization tools. On the technology basis market is segmented as, mobile business intelligence, and cloud business intelligence. Based on Application, the healthcare business intelligence market is segmented as, financial analytics, clinical analytics, operational analytics, and others. Based on end user, the market is classified as, physicians, hospitals, providers, and payers.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global healthcare business intelligence market based on Function, Technology, application, and end users. It also provides market size and forecast till 2025 for overall healthcare business intelligence market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 counties globally along with current trend and opportunities prevailing in the region.

North America is expected to be the largest and fastest growing healthcare business intelligence market among all regions. North America leads the healthcare business intelligence market with U.S. carrying the major market share. Due to growing adoption of BI systems by the healthcare providers. Asia Pacific is expected to be one of the most attractive markets in the near future for the healthcare business intelligence market followed by North America.

The report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions.

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Reason to Buy:

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Global Healthcare Business Intelligence Market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the Healthcare Business Intelligence, thereby allowing players to develop effective long term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, Healthcare and Telecommunication industries.

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