Healthcare Analytics/Medical Analytics Market

Aarkstore Enterprise

Aarkstore : Healthcare Analytics/Medical Analytics Market by Application (Clinical,

Financial, & Operational), Type (Predictive, & Prescriptive), End-user (Payer,

Provider, HIE, ACO), Delivery Mode (On-premise, Web, & Cloud) - Trends & Global

Forecasts to 2020

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http://www.aarkstore.com/healthcare/129859/healthcare-analyticsmedical-analytics-markettrends-global-forecasts

Published: Dec 2013| No. Of Pages: 278 Pages

Synopsis

The global healthcare analytics market is segmented based on products, applications, components,

delivery modes, end users, and geography. On the basis of product type, the market is divided into

descriptive, predictive, and prescriptive analytics. The healthcare analytics market, by component, is

divided into hardware, software, and services. Based on the mode of delivery, the market is classified

into on-premise models, web-hosted models, and cloud-based models. Based on end users, the market

is segmented into healthcare and others. The healthcare segment is further divided into payers,

providers, Health Information Exchanges (HIEs), and others. Based on geography, the market is classified

into the U.S., Europe, Asia, and the Rest of the world (RoW).

The market shows a double-digit growth rate due to supportive elements such as digitization of world

commerce, the emergence of Big Data, and also due to the increase in the number of advanced

technologies. Factors such as federal healthcare mandates, growing healthcare IT adoption across the

globe, growing fields of predictive and prescriptive analytics, and venture capital investments are driving

the market. However, factors such as data security issues, patient data confidentiality, cultural barriers

to IT adoption, and lack of manpower with cross-functional analytical skills may hinder the growth of

this market.

The U.S. healthcare analytics market is a well-established yet lucrative market. The European market is

the...