NORTH AMERICA HEALTHCARE ANALYTICS MARKET 2019-2027

Lifesciences | Healthcare IT

NORTH AMERICA 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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Triton Market Research has estimated the North America healthcare analytics market to grow at a CAGR of 16.35% in the forecasted years between 2019 and 2027.

The countries that have been analyzed in the healthcare analytics market in North America are:

•           The United States

•           Canada

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The introduction of analytics, Big Data in healthcare and a private partnership agreement with the Government of Ontario for driving the deployment of analytics in healthcare services are expected to drive the Canada healthcare analytics market growth. In addition, the introduction of IBM Innovation Space and telemedicine research by OTN are also expected to boost the Canada healthcare analytics market growth. The Canada healthcare analytics market growth is driven by the introduction of IoT in healthcare events for boosting the research & development activities in the Canadian healthcare sector to implement IoT, Big Data in developing precision medicines for the treatment of chronic diseases such as cancer, diabetes, etc. For instance, according to the IoT Events Organization 2017 report, IoT Healthcare in Western Canada was introduced in 2017, after the grand success of Big Data, IoT Healthcare Canada event held in 2016. The key objective of this event was to boost the research & development activities in the deployment of Machine to Machine (M2M) and Big Data in Canada’s healthcare industry which is expected to boost the growth of the Canada healthcare analytics market.

Founded in 2009, headquartered in Minnesota (the US), Optum, Inc. operates as a subsidiary of United HealthCare Services, Inc. The company offers healthcare analytics, revenue cycle management, medical necessity, population health management, clinical performance, risk & quality enablement and compliance solutions to provider organizations. In addition, the company offers its services to federal and state agencies and to families for nutrition, weight management, thrive, tobacco cessation, and fitness & exercise purposes.

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Table of Content

1.    NORTH AMERICA 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

8.1.1.   COUNTRY ANALYSIS

8.1.1.1.      THE UNITED STATES

8.1.1.2.      CANADA

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        NORTH AMERICA HEALTHCARE ANALYTICS MARKET 2019-2027 ($ MILLION)

TABLE 2        ATTRIBUTES OF BIG DATA IN HEALTHCARE

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

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

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

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

TABLE 7        HEALTHCARE ANALYTICS APPLICATION-BASED DATA

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

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

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

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

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

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

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

List of Figures

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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