Global Healthcare Business Intelligence Market

Business intelligence is a very powerful tool for determining the recent trends in any field and also forecasting the areas of growth so that the firms can prepare themselves beforehand and therefore can chalk out strategies' for entering new markets and thus enhancing their profitability. Similarly, healthcare business intelligence aims at determining the areas of growth in the healthcare business, regionally so that the players can develop appropriate technologies at adequate prices and hence acquire a greater market share and hence, serve the growing population in the best way.

End-User/Technology

The end users are mainly the established players who may be looking forward to diversifying their product line. However, the end users may also be the budding new companies and startups aimed at providing healthcare through the online medium as well as targeting the medical tourism market.

The technology involved here is the new tools of data analysis aimed at doing proper big data analysis, especially geographically to understand the proper growth potential of these markets.

Market Dynamics

In today's world, with the coming up new kinds of diseases and also the increasing prevalence of existing diseases, every major player wants to have a larger market share in their existing market and also want to have a first mover advantage in case they are entering any developing new market. The major drivers for this market are the advancements in the data collection methods, data analytics, growing complexity of data and rising competition in the market space due to better funding of newer companies by venture capitalists.

Market Segmentation

The global healthcare business intelligence market is segmented mainly on the basis of the functions performed on the data, like predictive data analytics, data mining, prescriptive analytics, data warehousing, forecasting and so on. One more aspect of segmentation is the application of data which may be based on the patient care, market growth analysis and so on.

Finally, the market can be segmented on the basis of demographics as this may determine the type of methods used in data collection and analysis and also the costs and returns involved in the process.

Regional/Geographic Analysis

On the basis of geography, the developed countries have been the initiators as the major players are from these regions and they have the aim of entering into new markets. Also, the aging population in major economies is leading to the generation of more data regarding the expansion of the new-user market.

Opportunities

Due to the increasing population and aging trend in the developed countries, the need for proper data is expected to be the driver of the future healthcare industry as such data will give proper direction for expansion in new segments. Also, this data will help in identification of new regions such as developing regions in the Asia Pacific region where there is a rapid rise in population.

Key Players

Some prominent players in the market are Accenture, IBM, Microsoft, SAP, SAS, and Oracle and so on.

Report Contents:

> Market segments

> Market Drivers, Restraints and Opportunities

> Market Size & Forecast 2016 to 2022

> Supply & Demand Value Chain

> Market - Current Trends

> Competition & Major Companies

> Technology and R&D Status

> Porters Five Force Analysis

> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada

> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)

>> Nordic Countries (Denmark, Finland, Norway, and Sweden)

>> Benelux (Belgium, The Netherlands, and Luxembourg)

>> Rest of Western Europe

> Eastern Europe

>> Russia

>> Poland

>> Rest of Eastern Europe

> Asia Pacific

>> China

>> India

>> Japan

>> Australia and New Zealand

>> Rest of Asia Pacific

> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)

>> South Africa

>> North Africa

>> Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)

> Consumer and Pricing Analysis

> Market dynamics of the industry

> Market Segmentation

> Estimated Market Sizing in terms of volume and value

> Recent trends in Market and impact

> Research Status and Technology Overview

> Extensive Industry Structure Coverage