Healthcare analytics market in the US to surpass $10.9 B by 2025

reogma|Healthcare analytics market in the US to surpass $10.9 B by 2025

The US healthcare analytics market size was approximately 2.8 billion. By technology type segment, the largest market share was grabbed by predictive analytics (72%) followed by prescriptive analytics (18%) and descriptive analytics (10%) respectively

  • Definition / Scope
  • Market Overview
  • Top Market Opportunities
  • Market Trends
  • Industry Challenges
  • Technology Trends
  • Regulatory Trends
  • Market Size and Forecast
  • Market Outlook
  • Technology Roadmap
  • Competitive Landscape
  • Competitive Factors
  • Key Market Players
  • Strategic Conclusion
  • References
  • Appendix

Definition / Scope

Analytics is study of gaining insights through combination of data and application of qualitative and quantitative analysis. It generates fact-based decisions which is used for planning, management and learning purposes.

Analytics can be used across any industry or field, thus, healthcare analytics is use of data analytics in healthcare field. The overall healthcare analytics can be categorized by following: 

Types of analytics

  • Descriptive: Exploration and discovery of information through data
  • Predictive: Prediction of upcoming situation based on historical data
  • Prescriptive: Utilization of scenarios to support decision making

Types of Data

  • Web/Social Media data: Data extracted from social media such as youtube, google, facebook twitter etc.
  • Sensor data: Readings from medical devices and sensors
  • Biometric data: Finger prints, retinal scans, X-ray, medical images, blood pressure, pulse reading and other similar types of data
  • Big Transaction data: Data extracted from Hospital bills, insurance claims and other transactions
  • Human Generated data: Data from Electronic Medical Records, emails and notes

Healthcare application areas

  • Clinical decision: Analytics applied to observe and communicate information about diseases
  • Healthcare Administration: Analytics used to manage operations of care providing organization intended to improve quality of care and reduce operating costs.
  • Privacy and Fraud detection: For privacy, protection of patient identity and using analytics to identify unauthorized activity
  • Mental health:Analytical decision support for psychiatric patients or patient with mental disorder
  • Public health: Analytics used in study of population health of a region or entire nation.

reogma|Healthcare analytics market in the US to surpass $10.9 B by 2025


This report is 17 mins read | Subscribe now to read further.

Access all reports on site for only US$9.99/mo


Leave a Reply

Next Post

Disruptive innovations in European logistics industry, forecast to 2025

Sat Nov 23 , 2019
The US healthcare analytics market size was approximately 2.8 billion. By technology type segment, the largest market share was grabbed by predictive analytics (72%) followed by prescriptive analytics (18%) and descriptive analytics (10%) respectively Definition / Scope Market Overview Top Market Opportunities Market Trends Industry Challenges Technology Trends Regulatory Trends […]
reogma|Healthcare analytics market in the US to surpass $10.9 B by 2025reogma|Healthcare analytics market in the US to surpass $10.9 B by 2025

Tags

Tags

Newsletter Signup

Subscribe to our newsletter below and never miss the latest product or an exclusive offer.