The report analyzes factors affecting healthcare predictive analytics 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.
The market of healthcare predictive analytics market is anticipated to grow with a significant rate in the coming years, owing to factors such as, overview of advanced analytics and technologies and rising demand for modified medication, lack of government initiatives. Various technological developments, funding of health and insurance programs in the healthcare industry in Asia Pacific and Europe are expected to offer growth opportunities for the players operating in the market.
Healthcare can learn valuable lessons from this previous success to jumpstart the utility of predictive analytics for improving patient care, chronic disease management, hospital administration and supply chain efficiencies. Healthcare prediction is most useful when that knowledge can be transferred into action. For predictive analytics to be successful in healthcare, it must have three characteristics that is timely, role-specific and actionable.
The key players influencing the market are IBM, Mckesson Corporation, Oracle, Medeanalytics, Inc., Cerner Corporation, Allscripts, Optum, Inc., Crunchbase Inc., SAS Institute Inc. and Verisk Analytics, Inc.
North America is likely to contribute to the largest share in the healthcare predictive analytics market in the coming years, owing to factors such as, improved infrastructure of healthcare and efficient system of health-care, restructured governing policies in United States and Canada. Asia Pacific is expected to witness significant growth rate during the forecast period primarily due to the new introduction of medication, economic development in industry in Asian countries such as, India, China and Japan.
The global healthcare predictive analytics market is segmented on the basis of application, end user and geography. The application segment includes, clinical, operational management, population health and financial. Based on end user, the market is segmented as, healthcare providers, healthcare payers, other.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global healthcare predictive analytics market based on application, end user and geography. It also provides market size and forecast till 2025 for overall healthcare predictive analytics 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.
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