North American Healthcare Analytics Market - Growth, Trends & Forecast To 2020

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Mar 05, 2015, 05:42 ET

NEW YORK, March 5, 2015 /PRNewswire/ -- The North American market for Healthcare Analytics is estimated to be valued at $XX million for the year 2014 and is expected to reach $XX million by the end of 2020. The CAGR during this period of forecast is estimated to be XX%. Emergence of Big Data in healthcare, introduction of federal healthcare policies, increased focus on data collection & analysis for better customer service, progress in clinical outcomes, rapid technological advances & emergence of social media and its impact on the healthcare industry are the major factors driving the growth of the global Healthcare analytics market. However lack of proper skilled labor, data integrity issues, cost & complexity of the software and major opposition from the medical industry towards accepting an IT based approach are hindering the growth of the market.

The major players are mostly based in the U.S. which tends to be one of the major benefits for this region. The market is segmented on the basis of Technology/Platform (Predictive Analytics, Prescriptive Analytics, and Descriptive Analytics), Application (Clinical Data Analytics, Financial Data Analytics, Administrative Data Analytics and Research Data Analytics), Components (Software, Hardware and Services), Mode of Delivery ( Cloud Based model, Web hosted model, and On premise model), End-Users (Healthcare, Pharmaceuticals, Biotechnology, Academia and Others), Geography ( US, Canada and Mexico).

What the report offers

1. Market Definition for the specified topic along with identification of key drivers and restraints for the market.
2. Market analysis for the North American Healthcare Analytics Market, with region specific assessments and competition analysis on a global and regional scale.
3. Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a global and regional scale.
4. Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market shares.
5. Identification and analysis of the Macro and Micro factors that affect the North American Healthcare Analytics market on both global and regional scale.
6. A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.

Read the full report: http://www.reportlinker.com/p02686043-summary/view-report.html

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