An international Healthcare Operational Analytics Services market analysis report brings into focus the key market dynamics of the sector. A range of definitions and classification of the Healthcare industry, applications of the Healthcare industry and chain structure are given in the report. This market report offers an in-depth overview of product specification, technology, product type and production analysis considering major factors such as revenue, cost, gross and gross margin. Healthcare Operational Analytics Services market is supposed to rise during the forecast period due to growing demand at the end user level. The data and insights from Healthcare Operational Analytics Services marketing report suggest that new highs will take place in the market in 2021-2028.
Data Bridge Market Research analyses that the healthcare operational analytics services market which was USD 18.32 billion in 2021, would rocket up to USD 37.32 billion by 2029, and is expected to undergo a CAGR of 9.30% during the forecast period 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Market Overview:
Clinical data analytics, a subfield of analysis that provides insights on both macro and micro levels into hospital administration, patient records, diagnostics, and other areas, is another name for healthcare analytics. It aids in the provision of real-time data that can assist in determining the path of the patient's future therapy.
Healthcare Operational Analytics Services Market Dynamics
Drivers
- Government programmes to boost EHR
The market for healthcare operational analytics services is being driven by a number of important factors, including increasing pressure to reduce healthcare spending and improve patient outcomes, a growing emphasis on real-world evidence, and the use of big data in the industry. Adoption is the key factor accelerating market growth. In the forecast period of 2022–2029, increasing patient registries, the use of analytics in precision and personalised medicine, and a growing focus on value-based medicine will all help to open up new prospects for the market for healthcare operational analytics services.
- Research and development activities
Technology companies such as IBM, Oracle, and others are investing in the expansion of mHealth and online healthcare treatment. Likewise, the government is funding research and development to boost the global healthcare operational analytics services market.
Numerous new opportunities
Numerous new opportunities are likely to arise as a result of the development of technologies like PaaS. PaaS makes high-level programming easier, and this is driving the industry demand.
Some of the major players operating in the healthcare operational analytics services market are:
- IBM (U.S.)
- Wipro (India)
- Allscripts Healthcare, LLC (U.S.)
- Cerner Corporation (U.S.)
- Health Catalyst (U.S.)
- Inovalon (U.S.)
- McKesson Corporation (U.S.)
- MEDEANALYTICS, INC. (U.S.)
- Optum, Inc. (U.S.)
- Oracle (U.S.)
- SAS Institute Inc. (U.S.)
- ExlService Holdings, Inc. (U.S.)
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