Healthcare Analytics Market to grow at 12 % CAGR from 2017 to 2024

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U.S. Healthcare Analytics Market held more than
90 of regional revenue share in 2016 Global
Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights from Healthcare Analytics Market

• The growing need to control healthcare cost and
  growing adoption across the globe will drive
  healthcare analytics market growth. Healthcare
  analytics and data analytics would reduce overall
  healthcare cost by identifying inefficiencies in
  current delivery methods, reduce the frequency of
  hospital visits and eliminate the need for
  unnecessary testing.
• Rapid adoption in developed regions and growing
  acceptance of advanced technologies in emerging
  economies should fuel healthcare analytics market
  size.
• Promising improvements in healthcare
  infrastructure, growing disposable income levels
  and increasing application of these solutions
  should boost industry growth.
• Providing individualized solutions through
  effective usage of electronic health records and
  analytical software will stimulate healthcare
  analytics market demand. Rising social media
  usage coupled with technological innovation in
  analytics should further facilitate industry
  expansion.

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Continued...

• Enteral nutrition should witness over 5 CAGR
  with expectations to surpass USD 20 billion by
  2024. Increasing preference for enteral route of
  Increasing RD investments in advanced healthcare
  analytics should serve as a significant driver in
  the developed nations.
• Data safety and integrity concerns, rigid
  healthcare structure restricting seamless data
  sharing among healthcare providers and lack of
  skilled people and organizational procedures for
  data sharing may hinder industry growth over the
  forecast years.
• Healthcare predictive analytics market share is
  projected to exceed USD 5 billion by 2024.
  Increasing use of predictive analytics in
  developed countries to design and develop future
  healthcare solutions should largely contribute to
  the segment growth.
• Population health management improves health
  outcomes and lowers medical costs through data
  integration, risk stratification and effective
  management of patient care.

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Germany Healthcare Analytics Market Size, By
Product, 2013-2024 (USD Million)

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Continued...

• Increasing number of clinics worldwide have
  significantly contributed to expansion of
  healthcare analytics industry. Modernization of
  clinics has enabled implementation of EHR and
  increased adoption rate of healthcare analytics
  solutions among providers.
• U.S. healthcare analytics market accounted for
  more than 90 of regional industry share.
  Widespread adoption of EHR and other technologies
  for effective healthcare delivery and increasing
  funding for development of innovative solutions
  should stimulate industry growth.
• Some of the industry players offering unique and
  advanced products in healthcare analytics market
  include IBM, OptumHealth, McKesson Corporation,
  Allscripts Healthcare Solutions, Cerner
  Corporation and Health Catalyst.
• Mergers and acquisitions, provision of customized
  solutions and expansion in commercially
  unexploited geographical markets are some of the
  major strategies adopted by industry participants.

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