(PharmaNewsWire.Com, May 05, 2017 ) Asia-Pacific Healthcare analytics Market research report, published by Market Data Forecast delineates that the market is growing with a CAGR of 19.85 % to reach USD 2.809 billion by 2021, from USD 1.136 billion in 2016, which amounts to a cumulative growth of USD 1.7 billion.
Healthcare analytics is the evidence-based approach for the extensive collection of data from its statistical analysis and multiple sources depicting current trends and patterns in healthcare for the improvised interventions.
With the exponential rise in IT healthcare sector over past several years, there has been dramatic growth in the healthcare analytics which can measure performance ,predict future trends, and evaluate decisions using the chronological data. This will in turn help in accuracy , improving efficiency and service delivery resulting in better quality of patients care and clinical outcomes laterally reducing healthcare cost and hospital readmission.
The report also presents detailed analysis of multitude of factors affecting the diagnostic imaging market bearing either positive or negative outcomes. Some of those factors are
• Security issues
• Technological
• cultural barriers
• issues with confidentiality of the information
• dearth of skilled workforce.
• hurdles associated in creating analytics network
For granular level understanding the Healthcare analytics Market is segmented based on type and application, each being provided with Market Size Estimations and Y-o-Y Forecasts. Based on Type market is segmented as Predictive Analytics, Descriptive/Retrospective Analytics and Prescriptive Analytics. Based on application market can be segmented as Financial Analytics, Clinical Analytics, Operational & Administrative Analytics. Based on end-user – market can be segmented as public health systems, healthcare providers, private healthcare providers, Monitoring agencies, Health Insurance companies, Clinical and Medical research bodies, technology vendors.
With India and China being the major economies which have unexplored customer base covered in the study the report also focuses on other regions like Japan, Australia, South Korea and Rest of Asia-Pacific.
Some of the key players that operate in the Asia-Pacific Healthcare analytics market include Optum, Inc.,IBM Corporation, Cerner Corporation, Inc.,McKesson Corporation, Allscripts Health Solutions, MedeAnalytics, Inovalon, Inc, Health Catalyst, SAS Institute, Inc., Truven Health Analytics Inc., Verisk Analytics, Oracle Corporation.
The Asia- Pacific Healthcare analytics market report offers wide-range of scope:
• Regional and country-level analysis that provides an individual perspective of Asia-Pacific region and the aforementioned countries
• Know more about key areas of industry growth via detailedSegment-level analysis on basis of type, application, end-user along with market size forecasts and y-o-y estimations
• Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics
• Strategic Analyses containingPESTLE and Porter’s Five Forces Analysis which are obtained by studying the macro & micro environmental factors that affect the market demographics
• Comprehensive listing of key market players along with Company overview, product portfolios, financials (subjected to availability), SWOT analysis and analyst overview
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• Market Outlook - Investment opportunities devised by stand in experts to provide both individuals and organizations a strong financial foothold in the market
For more reports related to the Health Care IT Market:
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 info kindly visit, www.marketdataforecast.com
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