The global shifting healthcare business intelligence market was valued at US$ 7.64 billion in 2018 and is expected to reach US$ 64.66 billion by 2027, growing at an estimated CAGR of 26.7% over the forecast period. Some of the key players operating in shifting healthcare business intelligence market are IBM Corporation, Microsoft, Change Healthcare Inc., Oracle Corporation, SAS institute Inc., Kaufman, Hall & Associates, Inc., and SAP SE amongst others.
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Healthcare institutions around the world are now adopting business intelligence solutions to uncover the hidden insights from available data. Implementation of business intelligence also leads to improved operational efficiency and patient care. One of the major applications of shifting business intelligence in healthcare is financial analysis and healthcare providers are leveraging this for better revenue cycle management and using it to track all the activities of patients starting from registration and appointment scheduling to final payment.
The on-premise deployment method held larger market share in 2018 but over the forecast period, cloud-based deployment mode will account for major revenue share because of being a cost efficient alternative. If a user deploys software on premise, they are responsible for ongoing costs of the server hardware, power consumption, and space whereas if they select to use a cloud computing model, they only need to pay for resources that they use, with none of the maintenance and upkeep costs. North America shifting healthcare business intelligence market is expected to hold the largest market share over the next eight years owing to higher spending of individuals on healthcare, increasing demand for private healthcare services and rising digitization in healthcare.
Shifting Healthcare Business Intelligence Market: -
- By Component:
- Software
- Services
- By Application
- Financial Analysis
- Claims Processing
- Revenue Cycle Management
- Risk Adjustment and Risk Assessment
- Payment Management
- Clinical Analysis
- Quality Improvement and Clinical Benchmarking
- Clinical Decision Support
- Regulatory Reporting and Compliance
- Comparative Analytics/Effectiveness,
- Precision Health
- Operational Analysis
- Inventory Analysis
- Workforce Analysis
- Strategic Analysis
- Financial Analysis
- By Technology
- Predictive Analysis
- Presceptive Analysis
- Descriptive Analysis
- By Deployment
- On Premise
- Cloud Based
- By End User
- Payers
- Providers
- Others
- By Geography
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic
- Denmark
- Finland
- Iceland
- Norway
- Sweden
- Rest of Nordic
- The Benelux Union
- Belgium
- the Netherlands
- Luxemburg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- New Zealand
- Southeast Asia
- Rest of Asia Pacific
- Middle East and Africa
- GCC Countries
- Southern Africa
- Rest of Middle East and Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
- North America
Shifting Healthcare Business Intelligence Market research added by Absolute Markets Insights, offers a comprehensive analysis of the growth trends prevailing in the global business arena. This report also provides definitive data regarding the market, size, marketing aspects, and revenue forecast of the industry. In addition, the study explicitly highlights the competitive status of major players in the projection schedule while focusing on their portfolio and regional expansion efforts.
The Global Shifting Healthcare Business Intelligence Market Analysis to 2030 is a specialized and in-depth study of the Technology, Media, and Telecommunications industry, with an emphasis especially on the analysis of global market trends. The report aims to provide an overview of the enterprise content delivery networks and enterprise streaming software market with detailed market segmentation by component, type of deployment, industry vertical, and geography. The global market for enterprise content delivery networks and enterprise streaming software is expected to witness high growth during the forecast period.
Financial performance:
The overall turnover of the companies / segments for the years 2021, 2020 and 2019 is provided in the sub-heading “Financial performance” (listed companies) with the analysis and explanation of the increase or decrease. decrease in these due to factors such as mergers and acquisitions, profit or loss of any strategic business unit (SBU) and others.
Strategic initiatives:
Information relating to new product launches, strategic collaboration, mergers and acquisitions, regulatory approval and other company developments in the market is covered in the strategic initiatives section.
Shifting Healthcare Business Intelligence Market: Regional analysis includes:
- Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia and Australia)
- Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
- North America (United States, Mexico and Canada.)
- South America (Brazil etc.)
- The Middle East and Africa (GCC countries and Egypt.)
This research provides detailed information on the major factors influencing the Shifting Healthcare Business Intelligence market growth on a global and regional level (drivers, restraints, opportunities and challenges), forecast of market size, in terms of value, market share by region and segment; regional market positions; growth opportunities by segment and by country, strengths and weaknesses, brand portfolio; Marketing and distribution strategies; challenges and threats of current competition and prospects; Key Company Profiles, SWOTs and Growth Strategies.
The Shifting Healthcare Business Intelligence market research covers a comprehensive analysis of the following data:
• Historical and future growth of the Global Shifting Healthcare Business Intelligence market.
• Segmentation of enterprise content delivery network and enterprise streaming software market to highlight the growth prospects and trends impacting these segments.
• Change the consumption behavior of customers in different regions.
• Regional analysis on the basis of market share, growth prospects and key countries.
• Agreements, product launches, acquisitions and R&D projects of various players in the enterprise content delivery networks and enterprise streaming software market.
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