EUROPE HEALTHCARE ANALYTICS MARKET 2019-2027

Lifesciences | Healthcare IT

EUROPE HEALTHCARE ANALYTICS MARKET 2019-2027

Market By Component Type, Delivery Mode, Analytics Type, Application, End-users And Geography | Forecast 2019-2027

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As per Triton’s estimation, the Europe healthcare analytics market will show positive growth in terms of revenue and expand with a CAGR of 16.21% in the forecasting years of 2019-2027.

The countries that have been scrutinized in the healthcare market in Europe are:

•           The United Kingdom

•           France

•           Germany

•           Italy

•           Spain

•           Russia

•           Rest of Europe

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Europe is a continent consisting of many nations. The majority of the market is present in Western Europe. There is significant growth seen in Eastern Europe in developing countries. The European healthcare analytics market is growing at a slower rate in comparison with the North American market due to an economic crisis. Europe began facing its economic crisis with Greece’s debt crisis and the UK’s announcement of its exit from the European Union. This is a major reason for slower market growth. But the governments have been providing incentives to organizations that are adopting the healthcare data analytics solutions for quick decision-making, and this is driving the market. Europe is a price-sensitive and disintegrated market.

The expanding e-health expenditure in Italy, which is expected to boost the deployment of IoT across Italy’s healthcare sector, is driving the growth of healthcare analytics in Italy. The Italy healthcare analytics market growth is driven by the year-over-year rising e-health expenditure in the country, since e-health comprises of using Big Data analytics across key strategic areas, such as clinical governance, business intelligence, mobile health, e-prescription, digital drug management, administrative management of hospitals, cloud computing and electronic health records.

MedeAnalytics, Inc., provides cloud-based healthcare analytics solutions to hospitals, health systems, health plans, state Medicaid programs and others in the United States and the United Kingdom. The company’s solutions include executive dashboards, patient access, ICD 10, compliance, revenue cycle, provider engagement, medical and Medicaid management, employer reporting and population health for providers and health plans. It also provides consulting services, such as business planning, organizational alignment, population health, revenue cycle and healthcare economics for healthcare providers and health plans. It was formerly known as MedeFinance, Inc. and changed its name to MedeAnalytics, Inc. MedeAnalytics provides enterprise-level solutions to more than 1,500 clients in the UK and US, that includes hospitals, GPs, clinical commissioning groups, local health economies, etc.

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Table of Content

1.    EUROPE HEALTHCARE ANALYTICS MARKET - SUMMARY

2.    INDUSTRY OUTLOOK

2.1. MARKET DEFINITION

2.2. PORTER’S FIVE FORCES MODEL

2.2.1.   THREAT OF NEW ENTRANTS

2.2.2.   THREAT OF SUBSTITUTE

2.2.3.   BARGAINING POWER OF BUYERS

2.2.4.   BARGAINING POWER OF SUPPLIERS

2.2.5.   THREAT OF COMPETITIVE RIVALRY

2.3. KEY FACTORS OUTLOOK

2.4. ATTRIBUTES OF BIG DATA IN HEALTHCARE

2.5. KEY INSIGHT

2.6. MARKET ATTRACTIVENESS INDEX

2.7. REGULATORY FRAMEWORK

2.8. MARKET DRIVERS

2.8.1.   SURGE IN POPULATION HEALTH ANALYTICS DEMAND

2.8.2.   RISING ADOPTION OF BUSINESS INTELLIGENCE

2.8.3.   GROWING USAGE OF BIG DATA TECHNOLOGIES IN THE HEALTHCARE INDUSTRY

2.9. MARKET RESTRAINTS

2.9.1.   DATA SECURITY AND PRIVACY MANAGEMENT CONCERN

2.9.2.   LACK OF SKILLED PROFESSIONALS

2.10.            MARKET OPPORTUNITIES

2.10.1.                RISING OPPORTUNITIES IN THE CLOUD-BASED ANALYTICS SOLUTIONS

2.10.2.                EMERGING DIGITAL TECHNOLOGIES SUCH AS TELEHEALTH

2.11.            MARKET CHALLENGES

2.11.1.                RISE IN DATA BREACHES AND MEDICAL IDENTITY THEFT CASES

2.11.2.                CONTINUED USAGE OF PREVAILING ANALYTICS TOOLS

3.    HEALTHCARE ANALYTICS MARKET OUTLOOK- BY COMPONENT TYPE

3.1. SERVICES

3.2. SOFTWARE

3.3. HARDWARE

4.    HEALTHCARE ANALYTICS MARKET OUTLOOK - BY DELIVERY MODE

4.1. ON-DEMAND

4.2. ON-PREMISE

5.    HEALTHCARE ANALYTICS MARKET OUTLOOK - BY ANALYTICS TYPE

5.1. DESCRIPTIVE ANALYTICS

5.2. PREDICTIVE ANALYTICS

5.3. PRESCRIPTIVE ANALYTICS

5.4. DIAGNOSTIC ANALYTICS

6.    HEALTHCARE ANALYTICS MARKET OUTLOOK - BY APPLICATION

6.1. CLINICAL ANALYTICS

6.1.1.   CLINICAL DECISION SUPPORT

6.1.2.   QUALITY IMPROVEMENT AND CLINICAL BENCHMARKING

6.1.3.   REGULATORY REPORTING AND COMPLIANCE

6.1.4.   COMPARATIVE ANALYTICS/COMPARATIVE EFFECTIVENESS

6.1.5.   PRECISION HEALTH

6.2. FINANCIAL ANALYTICS

6.2.1.   REVENUE CYCLE MANAGEMENT (RCM)

6.2.2.   CLAIMS ANALYTICS

6.2.3.   PAYMENT INTEGRITY AND FRAUD, WASTE AND ABUSE (FWA)

6.2.4.   RISK MANAGEMENT ANALYTICS

6.3. OPERATIONAL AND ADMINISTRATIVE ANALYTICS

6.3.1.   WORKFORCE ANALYTICS

6.3.2.   SUPPLY CHAIN ANALYTICS

6.3.3.   STRATEGIC ANALYTICS

6.4. POPULATION HEALTH ANALYTICS

7.    HEALTHCARE ANALYTICS MARKET OUTLOOK - BY END-USERS

7.1. PAYER

7.1.1.   EMPLOYERS AND PRIVATE EXCHANGES

7.1.2.   GOVERNMENT AGENCIES

7.1.3.   PRIVATE INSURANCE COMPANIES

7.2. PROVIDER

7.2.1.   HOSPITALS, PHYSICIAN PRACTICES AND IDNS

7.2.2.   POST-ACUTE CARE ORGANIZATIONS

7.2.3.   AMBULATORY SETTINGS

7.3. ACOS, HIES, MCOS AND TPAS

8.    HEALTHCARE ANALYTICS MARKET - REGIONAL OUTLOOK

8.1. EUROPE

8.1.1.   COUNTRY ANALYSIS

8.1.1.1.      THE UNITED KINGDOM

8.1.1.2.      FRANCE

8.1.1.3.      GERMANY

8.1.1.4.      ITALY

8.1.1.5.      SPAIN

8.1.1.6.      RUSSIA

8.1.1.7.      REST OF EUROPE

9.    COMPANY PROFILES

9.1. 3M COMPANY

9.2. ALLSCRIPTS HEALTHCARE SOLUTIONS, INC.

9.3. ELSEVIER B.V.

9.4. HEALTH CATALYST

9.5. MCKESSON CORP.

9.6. CERNER CORP.

9.7. MEDEANALYTICS

9.8. OPTUM, INC.

9.9. IBM CORP.

9.10.            SAS INSTITUTE, INC.

9.11.            ORACLE CORPORATION

9.12.            VERISK ANALYTICS

9.13.            INFORMATION BUILDERS, INC.

10. RESEARCH METHODOLOGY & SCOPE

10.1.            RESEARCH SCOPE & DELIVERABLES

10.1.1.                OBJECTIVES OF STUDY

10.1.2.                SCOPE OF STUDY

10.2.            SOURCES OF DATA

10.2.1.                PRIMARY DATA SOURCES

10.2.2.                SECONDARY DATA SOURCES

10.3.            RESEARCH METHODOLOGY

10.3.1.                EVALUATION OF PROPOSED MARKET

10.3.2.                IDENTIFICATION OF DATA SOURCES

10.3.3.                ASSESSMENT OF MARKET DETERMINANTS

10.3.4.                DATA COLLECTION

10.3.5.                DATA VALIDATION & ANALYSIS

List of table

TABLE 1        EUROPE HEALTHCARE ANALYTICS MARKET 2019-2027 ($ MILLION)

TABLE 2        ATTRIBUTES OF BIG DATA IN HEALTHCARE

TABLE 3        EUROPE HEALTHCARE ANALYTICS MARKET BY COMPONENT TYPE 2019-2027 ($ MILLION)

TABLE 4        EUROPE HEALTHCARE ANALYTICS MARKET BY DELIVERY MODE 2019-2027 ($ MILLION)

TABLE 5        EUROPE HEALTHCARE ANALYTICS MARKET BY ANALYTICS TYPE 2019-2027 ($ MILLION)

TABLE 6        EUROPE HEALTHCARE ANALYTICS MARKET BY APPLICATION 2019-2027 ($ MILLION)

TABLE 7        HEALTHCARE ANALYTICS APPLICATION-BASED DATA

TABLE 8        EUROPE CLINICAL ANALYTICS BY TYPES 2019-2027 ($ MILLION)

TABLE 9        EUROPE FINANCIAL ANALYTICS BY TYPES 2019-2027 ($ MILLION)

TABLE 10      EUROPE OPERATIONAL AND ADMINISTRATIVE ANALYTICS BY TYPES 2019-2027 ($ MILLION)

TABLE 11      EUROPE HEALTHCARE ANALYTICS MARKET BY END-USERS 2019-2027 ($ MILLION)

TABLE 12      EUROPE PAYER MARKET BY TYPES 2019-2027 ($ MILLION)

TABLE 13      EUROPE PROVIDER MARKET BY TYPE 2019-2027 ($ MILLION)

TABLE 14      EUROPE HEALTHCARE ANALYTICS MARKET BY COUNTRY 2019-2027 ($ MILLION)       

List of Figures

FIGURE 1      EUROPE HEALTHCARE ANALYTICS MARKET 2019-2027 ($ MILLION)

FIGURE 2      EUROPE HEALTHCARE ANALYTICS MARKET BY SERVICES 2019-2027 ($ MILLION)

FIGURE 3      EUROPE HEALTHCARE ANALYTICS MARKET BY SOFTWARE 2019-2027 ($ MILLION)

FIGURE 4      EUROPE HEALTHCARE ANALYTICS MARKET BY HARDWARE 2019-2027 ($ MILLION)

FIGURE 5      EUROPE HEALTHCARE ANALYTICS MARKET BY ON-DEMAND 2019-2027 ($ MILLION)

FIGURE 6      EUROPE HEALTHCARE ANALYTICS MARKET BY ON-PREMISE 2019-2027 ($ MILLION)

FIGURE 7      EUROPE HEALTHCARE ANALYTICS MARKET BY DESCRIPTIVE ANALYTICS 2019-2027 ($ MILLION)

FIGURE 8      EUROPE HEALTHCARE ANALYTICS MARKET BY PREDICTIVE ANALYTICS 2019-2027 ($ MILLION)

FIGURE 9      EUROPE HEALTHCARE ANALYTICS MARKET BY PRESCRIPTIVE ANALYTICS 2019-2027 ($ MILLION)

FIGURE 10   EUROPE HEALTHCARE ANALYTICS MARKET BY DIAGNOSTIC ANALYTICS 2019-2027 ($ MILLION)

FIGURE 11   EUROPE HEALTHCARE ANALYTICS MARKET BY CLINICAL ANALYTICS 2019-2027 ($ MILLION)

FIGURE 12   EUROPE CLINICAL ANALYTICS MARKET BY CLINICAL DECISION SUPPORT 2019-2027 ($ MILLION)

FIGURE 13   EUROPE CLINICAL ANALYTICS MARKET BY QUALITY IMPROVEMENT AND CLINICAL BENCHMARKING 2019-2027 ($ MILLION)

FIGURE 14   EUROPE CLINICAL ANALYTICS MARKET BY REGULATORY REPORTING AND COMPLIANCE 2019-2027 ($ MILLION)

FIGURE 15   EUROPE CLINICAL ANALYTICS MARKET BY COMPARATIVE ANALYTICS/COMPARATIVE EFFECTIVENESS 2019-2027 ($ MILLION)

FIGURE 16   EUROPE CLINICAL ANALYTICS MARKET BY PRECISION HEALTH 2019-2027 ($ MILLION)

FIGURE 17   EUROPE HEALTHCARE ANALYTICS MARKET BY FINANCIAL ANALYTICS 2019-2027 ($ MILLION)

FIGURE 18   EUROPE FINANCIAL ANALYTICS MARKET BY REVENUE CYCLE MANAGEMENT (RCM) 2019-2027 ($ MILLION)

FIGURE 19   EUROPE FINANCIAL ANALYTICS MARKET BY CLAIMS ANALYTICS 2019-2027 ($ MILLION)

FIGURE 20   EUROPE FINANCIAL ANALYTICS MARKET BY PAYMENT INTEGRITY AND FRAUD, WASTE, AND ABUSE (FWA) 2019-2027 ($ MILLION)

FIGURE 21   EUROPE FINANCIAL ANALYTICS MARKET BY RISK MANAGEMENT ANALYTICS 2019-2027 ($ MILLION)

FIGURE 22   EUROPE HEALTHCARE ANALYTICS MARKET BY OPERATIONAL AND ADMINISTRATIVE ANALYTICS 2019-2027 ($ MILLION)

FIGURE 23   EUROPE OPERATIONAL AND ADMINISTRATIVE ANALYTICS MARKET BY WORKFORCE ANALYTICS 2019-2027 ($ MILLION)

FIGURE 24   EUROPE OPERATIONAL AND ADMINISTRATIVE ANALYTICS MARKET BY SUPPLYCHAIN ANALYTICS 2019-2027 ($ MILLION)

FIGURE 25   EUROPE OPERATIONAL AND ADMINISTRATIVE ANALYTICS MARKET BY STRATEGIC ANALYTICS 2019-2027 ($ MILLION)

FIGURE 26   EUROPE HEALTHCARE ANALYTICS MARKET BY POPULATION HEALTH ANALYTICS 2019-2027 ($ MILLION)

FIGURE 27   EUROPE HEALTHCARE ANALYTICS MARKET BY PAYER 2019-2027 ($ MILLION)

FIGURE 28   EUROPE PAYER MARKET BY EMPLOYERS AND PRIVATE EXCHANGES 2019-2027 ($ MILLION)

FIGURE 29   EUROPE PAYER MARKET BY GOVERNMENT AGENCIES 2019-2027 ($ MILLION)

FIGURE 30   EUROPE PAYER MARKET BY PRIVATE INSURANCE COMPANIES 2019-2027 ($ MILLION)

FIGURE 31   EUROPE HEALTHCARE ANALYTICS MARKET BY PROVIDER 2019-2027 ($ MILLION)

FIGURE 32   EUROPE PROVIDER TYPE MARKET BY HOSPITALS, PHYSICIAN PRACTICES, AND IDNS 2019-2027 ($ MILLION)

FIGURE 33   EUROPE PROVIDER TYPE MARKET BY POST-ACUTE CARE ORGANIZATIONS 2019-2027 ($ MILLION)

FIGURE 34   EUROPE PROVIDER TYPE MARKET BY AMBULATORY SETTINGS 2019-2027 ($ MILLION)

FIGURE 35   EUROPE HEALTHCARE ANALYTICS MARKET BY ACOS, HIES, MCOS AND TPAS 2019-2027 ($ MILLION)

FIGURE 36   THE UNITED KINGDOM HEALTHCARE ANALYTICS MARKET 2019-2027 ($ MILLION)

FIGURE 37   FRANCE HEALTHCARE ANALYTICS MARKET 2019-2027 ($ MILLION)

FIGURE 38   GERMANY HEALTHCARE ANALYTICS MARKET 2019-2027 ($ MILLION)

FIGURE 39   ITALY HEALTHCARE ANALYTICS MARKET 2019-2027 ($ MILLION)

FIGURE 40   SPAIN HEALTHCARE ANALYTICS MARKET 2019-2027 ($ MILLION)

FIGURE 41   RUSSIA HEALTHCARE ANALYTICS MARKET 2019-2027 ($ MILLION)

FIGURE 42   REST OF EUROPE HEALTHCARE ANALYTICS MARKET 2019-2027 ($ MILLION)

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