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According to this latest publication from Meticulous Research庐, the Healthcare Analytics Market is expected to grow at a CAGR of 25.5% from 2018 to 2023 to reach USD 33.8 billion by 2023 Cheap Jose Juan Barea Jersey , driven by growing investments by venture capitalists, continued pressure to curtail rising healthcare costs, growing demand to improve care quality Cheap JaVale McGee Jersey , the implementation of Affordable Care Act in the U.S., and trend towards value-based care.
Moreover, growing digitization in emerging countries Cheap Raymond Felton Jersey , improving HCIT infrastructure and adoption of HCIT solutions such as EMRs and HIE, increasing focus on personalized medicine, advancing IT & big data capabilities Cheap Nerlens Noel Jersey , government support for connected care, and proliferating accountable care organizations (ACO) further propels the adoption of healthcare analytics.
Healthcare Analytics Market - Market by Type: 鈥?Descriptive 鈥?Predictive 鈥?Prescriptive
Market by Application: 鈥?Financial analytics 鈥?Clinical analytics 鈥?Operational Analytics & Administrative Analytics 鈥?Population Health Analytics
Browse in-depth Report on 鈥?br > Market by Driver: 鈥?Growing Health IT and EHR Adoption 鈥?Growing Venture Capital Investments 鈥?Increasing Pressure to Provide Quality Care & Control Healthcare Costs 鈥?Rising Big Data in Healthcare 鈥?Technological Advancements
Market by Restraints: 鈥?Lack of Data ScientistsAnalytics Skills 鈥?High Price of Analytics Solutions
Market by Opportunities: 鈥?Growing Application of Analytics in Precision Medicine 鈥?Increasing Focus on PHM & Value-Based Care 鈥?Cloud-Based Analytics
Geographically, the global healthcare analytics market is segmented into five major geographies namely Cheap Dennis Smith Jr. Jersey , North America, Europe, Asia-Pacific Cheap Steve Nash Jersey , Latin America, and the Middle East & Africa. North America holds the largest share in the global healthcare analytics market in 2017, followed by Europe Cheap Jose Barea Jersey , and Asia-Pacific.