Stratistics MRC Announces Its New Premium Report, "Healthcare Analytics Global Market Outlook - Trends, Forecast, and Opportunity Assessment (2014-2022)"

Gaithersburg, MD, November 04, 2015 --(PR.com)-- Global Healthcare Analytics Market is expected to reach $32.4 billion by 2022. Analytics help healthcare organizations in reduction of patient’s stays and read missions in hospitals, improved quality care, fraud identification and prevention of chronic diseases. The factors contributing to market growth include better efficiency of healthcare organizations, federal healthcare mandates and increasing healthcare IT adoption. However factors such as lack of skilled labor with analytical skills, patient data security and privacy issues are inhibiting the growth of the market.

The Global Healthcare Analytics Market is segmented based on products, applications, end users, components and geography. Based on the product type, the market is further segmented into Descriptive, Predictive and Prescriptive analytics. By applications, the market is categorized into Clinical Analytics, Financial Analytics, Operational and Administrative Analytics and Research Analytics. Clinical Analytics is further segmented into Quality Care, Physician Performance Evaluation, and Customer Relationship Management. Financial Analytics is further segregated into Revenue Cycle Management, Risk Management Analytics and Claim Analytics. Operational and Administrative Analytics is further categorized into Human Resource Analytics, Supply chain Analytics and Strategic Analytics. On the basis of end user, the market is segregated into Providers, Healthcare information Exchanges, Payers and Others. By components, the market is categorized into Hardware, Software and Services. Geographically, the healthcare market is segmented into North America, Europe, Asia Pacific and Rest of the World. North America has the largest share of the healthcare analytics market driven by the U.S. centralized healthcare mandates followed by the European Market which is growing at a lower rate due to economic crisis.

Some of the major players in the Healthcare Analytics Market include IBM Corporation, Oracle Corporation, Humedica, Inc., Metric Insights, Inc., Paradigm4, Rapid Insight, Inc., Truven Health Analytics, Inovalon, Inc., MedeAnalytics, Inc. and McKesson Corporation.

For more info, kindly visit http://www.strategymrc.com/report/global-healthcare-analytics-market-outlook-2014-2022 or write to us at info@strategymrc.com