Healthcare Business Intelligence Market 2019 Size, Share, Growth, Services, Technology Innovation Business Outlook| Surpass CAGR of 15.5% Forecast Till 2023

The Analysis In This Research Report Focuses On The Worldwide Scope Of The Expanding Role Of Healthcare Business Intelligence (BI) Market In The Design And Development Of Healthcare Products And Services, Delivery Systems And Healthcare Administration.

PUNE, India - July 16, 2019 /MarketersMedia/ —

Market Highlights

The Global Healthcare Business Intelligence (BI) Market held a market value of USD 3,650.1 million in 2017 and is projected to grow at a CAGR of 15.5% over the forecast period.

Business intelligence is a set of processes, architectures, and technologies used for the collection, integration, analysis, and presentation of business information. Healthcare data analytics provides healthcare companies and hospitals to prepare, analyze & visualize big and disparate data.

Factors characterizing the market growth are the worldwide surge in the number of patient registries, increasing adoption of big data in healthcare, the presence of government initiatives to increase electronic health record (EHR) adoption, and growing need to curb healthcare costs. On the contrary, the lack of skilled professionals in the Asia-Pacific and African regions along with the complexity of systems is anticipated to hinder the market growth over the forecast period.

Get Exclusive Free Sample Copy of Healthcare Business Intelligence Market spread across 93 Premium Pages, Top 10 Companies and Supported with 78 Tables and 40 Figures is Now Available @ https://www.marketresearchfuture.com/sample_request/7544

Key Players

Some of the foremost players in the global healthcare business intelligence market are, International Business Machines Corporation,SAS Institute, Tableau Software, MicroStrategy Incorporated, Qlik Technologies, Information Builders, Sisense, Yellowfin International Pty Ltd, and BOARD International S.A.

Novel trends in the healthcare business intelligence are artificial intelligence (AI) or machine learning, data insurance or security, multi-cloud system, and advanced analytics, which is increasingly facilitating the adoption of BI in the healthcare sector. Big data analytics along with the internet of things are revolutionizing the healthcare sector in terms of health tracking, reducing healthcare associated costs, assisting high-risk patients, and preventing human errors.

Segmentation

The global healthcare business intelligence market has been segmented into component, function, application, deployment model, end user, and region.

By component, the market has been segmented into platforms, software, and services.

On the basis of function, the market has been divided into OLAP and visualization, performance management, and query and reporting.

Based on application, the market has been categorized into financial analysis, clinical analysis, and operational analysis. The financial analysis is further categorized into claims processing, revenue cycle management, payment integrity and fraud, waste, and abuse, and risk adjustment and assessment. The clinical analysis segment is sub-segmented into quality improvement and clinical benchmarking, clinical decision support, regulatory reporting and compliance, comparative analytics/effectiveness, and precision health. The operational analysis segment is additionally divided into inventory analysis, workforce analysis, and strategic analysis.

By deployment model, the market has been divided into cloud-based, on-premise, and hybrid. On the basis of end user, the market has been categorized into payers, providers, and others.

Regional Analysis

The global healthcare business intelligence market has been segmented by region into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. On the basis of region, the Americas is expected to dominate the global healthcare business intelligence market. This is due to the presence of software and service vendors, and sophisticated healthcare infrastructure, mounting adoption of data-driven decision-making, and emerging fields of prescriptive, predictive analytics.

Europe would be the second-largest region in the healthcare business intelligence market due to burgeoning healthcare vertical, increasing adoption of advanced medical technologies, and the presence of vendors such as SAP SE and BOARD International S.A.

The market in Asia-Pacific is expected to exhibit comparatively higher CAGR over the forecast period owing to increasing penetration of smartphones and internet, increasing investments in the healthcare infrastructure, rapid industrialization in India, China, and Japan, and a growing number of start-ups focusing on mobile application development.

The Middle East & Africa has the least share of the global healthcare business intelligence market. Additionally, the major market share of the region would be held by the Middle East region as the business intelligence and analytics solutions are of paramount importance to organizations in the Gulf Cooperation Council (GCC) countries.

Browse Complete Report Details @ https://www.marketresearchfuture.com/reports/healthcare-business-intelligence-market-7544

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact Info:
Name: Abhishek Sawant
Email: Send Email
Organization: Market Research Future
Address: Contact:, , Market Research Future, , Office No. 528, Amanora Chambers, , Magarpatta Road, Hadapsar,, , Pune - 411028, , Maharashtra, India, , +1 646 845 9312, , Email: sales@marketresearchfuture.com
Phone: 646845931
Website: https://www.marketresearchfuture.com

Source URL: https://marketersmedia.com/healthcare-business-intelligence-market-2019-size-share-growth-services-technology-innovation-business-outlook-surpass-cagr-of-155-forecast-till-2023/88897056

Source: MarketersMedia

Release ID: 88897056

More News From Daily World Web

China threatens retaliation if US tariff hikes go ahead

Aug 21, 2019

BEIJING — China on Thursday threatened retaliation if Washington steps up their war over trade and technology by going ahead with planned Sept. 1 tariff hikes on additional Chinese imports. Beijing will take unspecified "necessary countermeasures," the Cabinet said in a one-sentence statement. It gave no details or any indication plans for trade talks in Washington in September might be affected. The mounting tension has unnerved financial markets that worry the global economy will tip into recession. President Donald Trump says he plans to impose 10% duties on an additional $300 billion of Chinese imports, extending penalties to almost everything...

Hong Kong Umbrella Movement leader released on bail

Aug 21, 2019

HONG KONG — A top opposition leader imprisoned on public disorder charges was released on bail Thursday as Hong Kong's government attempts to quell a protest movement that has paralyzed parts of the territory, including its international airport, and led to hundreds of arrests. Benny Tai was sentenced to 16 months as one of nine leaders of a 2014 drive for universal suffrage known as the Umbrella Movement. He was allowed to return home on $12,755 cash bail but barred from leaving Hong Kong. The 2014 movement fizzled, its demands unmet and leaders arrested. However, it laid the groundwork for...

Riot police clash with protesters at Hong Kong airport

Aug 21, 2019

HONG KONG — Riot police clashed with pro-democracy protesters at Hong Kong's airport late Tuesday night, moving into the terminal where the demonstrators had shut down operations at the busy transport hub for two straight days. Officers armed with pepper spray and batons confronted the protesters who used luggage carts to barricade entrances to the airport terminal. Police took several people into a police van waiting at the entrance to the airport's arrivals hall. Police said they tried to help ambulance officers reach an injured man whom protesters had detained on suspicion of being an undercover agent. Protesters also detained...

China's Xi gets tougher on Trump after new tariff threat

Aug 21, 2019

BEIJING — Facing another U.S. tariff hike, Chinese President Xi Jinping is getting tougher with Washington instead of backing down. Beijing fired what economists called a "warning shot" at Washington by letting its yuan currency weaken in response to President Donald Trump's latest threat of more punitive import duties on Sept. 1. Chinese buyers canceled multibillion-dollar purchases of U.S. soybeans. Regulators are threatening to place American companies on an "unreliable entities" list that might face curbs on their operations. Both sides have incentives to settle a trade war that is battering exporters on either side of the Pacific and threatening...

The Latest: Concerts canceled over Hong Kong airport protest

Aug 21, 2019

HONG KONG — The Latest on Hong Kong protests (all times local): 7 p.m. At least three concerts by overseas performers have been canceled in Hong Kong as protesters forced the city's airport to suspend operations for a second day. K-pop star Kang Daniel and Scottish band CHVRCHES both announced Tuesday that they are calling off upcoming events. American singer-songwriter Alec Benjamin canceled an upcoming concert late Monday. Kang's management office said the cancellation of a fan meeting scheduled for Sunday was because of safety concerns related to the protests, while CHVRCHES blamed "unforeseen circumstances." The airport protests are the...

About Us

Daily World Web took the initiative to utilize the development in cloud and AI technology to create a free, instantaneous and borderless flow of news, the way it should be.

Contact us: sales[at]dailyworldweb.com

Subscribe Now!