DUBLIN, Dec. 21, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Healthcare Predictive Analytics Market Analysis By Application, By End-Use, By Region And Segment Forecasts, 2014 - 2025" report to their offering.
The global healthcare predictive analytics market is expected to reach USD 19.5 billion by 2025. Healthcare costs are increasing day by day and are anticipated to increase further. For instance, as per the IBM Global Business Services executive report in 2014, the per capita health expenditure of the U.S. was around USD 9,400 which was almost 2.4 times greater than the global average.
Government authorities, health organizations, and private players are striving to bring down health-care expenditure. Healthcare predictive analytics helps in bending the cost curve through optimization of the existing clinical workflow, operations, and payment strategies.
With the advent of IoT in health-care and wearable technology, people are more aware of the available health metrics monitoring platforms and choose to closely monitor health parameters. This phenomenon is generating huge amount of patient data inclusive of diet habits, physiological parameters, and vital signs. Predictive modeling based on this data helps in understanding disease patterns using statistical tools to draw an analysis of key therapy trends and outcomes.
North America, being a pioneer in health-care IT technologies, dominated the global health-care predictive analytics market. Available advanced infrastructure with ample resources contributed to its dominance. Asia Pacific is expected to witness remunerative growth over the forecast period. Economic reforms, bolstering IT industry, and low operating costs are the key factors alluring market players to invest in this region.
- Verisk Analytics Inc.
- McKesson Corporation
- Cerner Corporation
- MedeAnalytics, Inc.
- Optum Health Inc.
Key Topics Covered:
1 Research Methodology
2 Executive Summary
3 Market Variables, Trends & Scope
4 Healthcare Predictive Analytics Market: Application Estimates & Trend Analysis
5 Healthcare Predictive Analytics Market Categorization: End-Use Estimates & Trend Analysis
6 Healthcare Predictive Analytics Market Categorization: Regional Estimates & Trend Analysis
7 Competitive Landscape
For more information about this report visit http://www.researchandmarkets.com/research/5g5xzx/healthcare
Laura Wood, Senior Manager
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/healthcare-predictive-analytics-market-to-reach-19-billion-by-2025---growing-efforts-to-bring-down-healthcare-expenditure---research-and-markets-300382413.html
SOURCE Research and Markets