Global Healthcare Business Intelligence Market Size, Share, Forecast Report, 2020-2027

The global Healthcare Business Intelligence market garnered revenue around USD XX Billion in 2019 and projected to reach USD XX Billion in 2027, with at a compound annual growth rate of 15.4% throughout the estimate period from 2020 to 2027.

Business intelligence (BI) is a technology-driven process wherein, a wide range of tools, applications, strategies, and technologies are used by organizations to collect data from both internal and external sources, arrange it for analysis, develop and run queries against the data. BI technologies offer historical, current, and futuristic views of business operations to the executives, managers, and other corporate end users in order to assist in making better-informed business decisions. Healthcare business intelligence is the aggregation, analysis, and use of clinical, financial, operational, and non-traditional data captured from internal and external sources of the healthcare settings to make effective decision-making. Some of the major factors driving the market growth are the emergence of big data in the healthcare industry, rising demand to curtail healthcare expenditure and improve patient outcomes, a growing number of patient registries, and increasing adoption of data-driven decision-making.

This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.

The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Healthcare Business Intelligence market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Healthcare Business Intelligence market growth.

The global Healthcare Business Intelligence market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.

Major manufacturers analysed under this study comprises:

Cloud service provider

SaaS providers

Network service providers

Storage providers

Research institutes

Hardware providers

Software developers

Venture capitalists

Association and government bodies

Market research and consulting service providers

Hospitals and clinics

Research and academic institutes

Corporate entities

This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:

Global Healthcare Business Intelligence Market, by Component

Platforms

• Software

• Services

Global Healthcare Business Intelligence Market, by Function

• OLAP and Visualization

• Performance Management

• Query and Reporting

Global Healthcare Business Intelligence Market, by Application

• Financial Analysis

o Claims Processing

o Revenue Cycle Management

o Payment Integrity and Fraud, Waste, and Abuse

o Risk Adjustment and Assessment

• Clinical Analysis

o Quality Improvement and Clinical Benchmarking

o Clinical Decision Support

o Regulatory Reporting and Compliance

o Comparative Analytics/Effectiveness

o Precision Health

• Operational Analysis

o Inventory Analysis

o Workforce Analysis

o Strategic Analysis

Global Healthcare Business Intelligence Market, by Deployment Model

• Cloud-based

• On-premise

• Hybrid

Global Healthcare Business Intelligence Market, by End User

• Payers

• Providers

• Others

Regional Analysis and Forecast

Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope:

• North America

 U.S.

 Canada

• Europe

 Germany

 U.K.

 Italy

 France

 Rest of EU

• Asia Pacific

 China

 India

 Japan

 Southeast Asia

 Rest of APAC

• Central & South America

 Brazil

 Argentina

 Rest of Central & South America

• Middle East and Africa

 UAE

 Saudi Arabia

 Rest of MEA