The global healthcare business intelligence market is projected to grow at a CAGR of 14.8% during 2019-2024. The growth of healthcare business intelligence market is driven by rising demand for reduction in healthcare costs, federal healthcare mandates boosting the uptake of BI solutions, rise in data availability, need to improve healthcare outcomes and enhance patient satisfaction, and increasing need for regulatory compliance & reporting.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising, high-growth opportunities for the healthcare business
intelligence market by technology (traditional business intelligence, cloud
business intelligence, and mobile business intelligence), function (query and
reporting tools, on-line analytical processing (OLAP) and visualization tools,
and performance management/ monitoring & alerts), product (platform,
software, and services), application (clinical, clinical care optimization,
physician performance benchmarking & monitoring, regulatory reporting &
compliance, financial analysis, planning, forecasting & budgeting, revenue
cycle management, claims analysis, operational performance & cost
management, resource & human capital management, service line analysis
& supply chain management, and marketing analysis), end use industry
(providers, hospitals, physician practices/clinics, IDNs/MCOs/ACOs/HIEs, and
payers), and region (North America, Europe, Asia, and Rest of the World)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the healthcare business intelligence market?
Q.4 What are some
changing demands of customers in the healthcare business intelligence market?
Q.5 What are the new
developments in the healthcare business intelligence market? Which companies
are leading these developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this healthcare business intelligence area
and how big of a threat do they pose for loss of market share via product
substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this healthcare business
intelligence market?
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Market Segmentation:
Based on product, the
healthcare business intelligence market is segmented into platform, software,
and services. Lucintel forecasts that the platform market is expected to remain
the largest segment.
North America is
expected to be the largest region over the forecast period due to increasing
adoption of healthcare intelligence solutions, services by healthcare providers
(especially in the US) to provide better quality care, and lower healthcare
costs.
Key Players in the healthcare
business intelligence market are Accenture, Ibm Corporation, Information
Builders, Microsoft Corporation, Microstrategy, Oracle Corporation, Qlik
Technologies, SAP AG, SAS Institute, and Tableau Software.
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The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers,
restraints, challenges, and opportunities for market growth. It would also help
to understand the competitors better and gain more insights to improve their
position in the business.
To read more about this market please click on
https://www.lucintel.com/healthcare-business-intelligence-market.aspx
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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