Dublin, Oct. 22, 2013 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/6w759d/healthcare)
has announced the addition of the "Healthcare
Analytics/Medical Analytics Market - Trends & Global Forecasts
to 2017" report to their offering.
Healthcare organizations have large amounts of data but often do
not have the tools to bring the data together for useful business
information and planning. Healthcare analytics is the systematic
use of data and related business insights developed through applied
analytical disciplines such as, statistical, contextual,
quantitative, predictive, cognitive, other including emerging model
to drive fact-based decision making for planning, management,
measurement and learning. Analytics may be descriptive, predictive
or prescriptive.
Healthcare analytics involves application of statistical tools and
techniques to healthcare-related data in order to study past
situations such as operational performance or clinical outcomes to
improve the quality and efficiency of clinical and business
processes and performance.
The healthcare
analytics market is showing a double-digit growth due to
supportive elements such as digitization of world commerce, the
emergence of big data and the advance of analytical technologies.
Healthcare organizations can differentiate themselves through data
analytics. Factors such as, federal healthcare mandates, wide scope
of predictive analytics and improvements in the financial and
operative function are driving the installation of healthcare data
analysis in hospitals. While, the major concerns of this market are
the security of data, privacy of individual patients and lack of
manpower with cross-functional analytical skills. The healthcare
analytics market is estimated to be $3.7 billion in 2012 and is
growing at a rate of 23.7% from 2012 to 2017 to reach $ 10.8
billion.
Healthcare payers as well as the providers are leading the users of
health care analytics for a range of functions from suggesting the
most accurate diagnoses, cost reduction, fraud prevention, revenue
generation, service improvement to real-time view of the business.
The major driver for business analytics is the return on
Investments (ROI), with a median of five years, from 10.0% to
1,000.0%.
Key Topics Covered:
1 Introduction
2 Executive Summary
3 Market Overview
4 Global Healthcare Analytics Market, By Application
5 Global Healthcare Analytics Market, By Components
6 Global Healthcare Analytics Market,By Delivery Modes
7 Global Healthcare Analytics Market, By End-Users
8 Geographic Analysis
9 Competitive Landscape
10 Company Profiles
Companies Mentioned
- Cerner Corporation
- Fuzzy Logix, Llc
- Humedica, Inc.
- Ibm Corporation
- Information Builders, Inc.
- Inovalon, Inc.
- Kyruus, Inc.
- Mckesson Corporation
- Medai
- Medeanalytics, Inc.
- Metric Insights, Inc.
- Optumhealth
- Oracle Corporation
- Paradigm4
- Precision Software, Ltd.
- Predixion Software
- Rapid Insight, Inc.
- Sas Institute, Inc.
- Truven Health Analytics, Inc.
- Vantage Point Healthcare Information Systems, Inc.
- Verisk Analytics, Inc.
For more information visit http://www.researchandmarkets.com/research/6w759d/healthcare
Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector:
Healthcare and Medical Devices