Healthcare Analytics Market growth outlook with industry review and forecasts

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Healthcare Analytics Market to surpass 16
Billion by 2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights from Healthcare Analytics Market

• Healthcare predictive analytics market share is
  projected to exceed USD 5 billion by 2024.
  Increasing use of predictive analytics in
  developed countries to design and develop future
  healthcare solutions should largely contribute to
  the segment growth.
• Population health management improves health
  outcomes and lowers medical costs through data
  integration, risk stratification and effective
  management of patient care. It is widely used as
  a tool for preventive care and better health
  management. Population health management should
  witness a robust 13 CAGR owing to increasing
  application of healthcare analytics.
• Increasing number of clinics worldwide have
  significantly contributed to expansion of
  healthcare analytics industry. Modernization of
  clinics has enabled implementation of EHR and
  increased adoption rate of healthcare analytics
  solutions among providers.

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Continued...

• U.S. healthcare analytics market accounted for
  more than 90 of regional industry share.
  Widespread adoption of EHR and other technologies
  for effective healthcare delivery and increasing
  funding for development of innovative solutions
  should stimulate industry growth. Germany held
  over 25 of Europe healthcare analytics market
  share owing to growing need to curb rising
  healthcare cost coupled with spurring adoption of
  advanced healthcare technologies. Increasing
  number of hospital setups and growing
  implementation of EHR should also drive business
  growth in coming years.
• Some of the industry players offering unique and
  advanced products in healthcare analytics market
  include IBM, OptumHealth, McKesson Corporation,
  Allscripts Healthcare Solutions, Cerner
  Corporation and Health Catalyst. Other notable
  companies such as GE Healthcare, Influence
  Health, Evolent Health, Inovalon Computer
  Programs and Systems are in pursuit of gaining
  healthcare analytics market share.

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Germany Healthcare Analytics Market Size, By
Product, 2013-2024 (USD Million))

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360 Analysis

• Application Trends
• Financial management held over 30 of global
  healthcare analytics market share with
  expectations to surpass USD 5.5 billion by 2024.
  Growing application of analytics to curb
  increasing healthcare costs and provide quality
  patient care attributes to its significant
  industry share. Extended use of analytics to
  detect and prevent healthcare fraud will further
  increase its demand across all healthcare
  organizations.
• Regional Trends
• U.S. healthcare analytics market held more than
  90 of regional revenue share in 2016. Presence
  of well-established healthcare infrastructure,
  increasing venture capital funding, acceptance of
  advanced technologies and widespread adoption of
  electronic health records across healthcare
  organizations will boost business growth.
  Moreover, presence of headquarters of major
  industry players in this region will further
  propel industry expansion.
• Competitive Market Share
• Some of the key players operating in the
  healthcare analytics market space include IBM,
  OptumHealth, McKesson Corporation, Allscripts
  Healthcare Solutions, Cerner Corporation,
  Athenahealth, Inovalon, Computer Programs and
  Systems, Change Healthcare, Tenet Healthcare
  Corporation, GE Healthcare, Evolent Health,
  Influence Health and Health Catalyst.

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