Europe Healthcare Analytics Market By Type - (Predictive Analytics, Descriptive/Retrospective Analytics And Prescriptive Analytics), By Application – (Financial Analytics, Clinical Analytics, Operational & Administrative Analytics), By End-user – (public Health Systems, Healthcare Providers, Private Healthcare Providers, Monitoring Agencies, Health Insurance Companies, Clinical And Medical Research Bodies, Technology Vendors) And By Region – Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2018-2023)
Europe Healthcare Analytics Market By Type - (Predictive Analytics, Descriptive/Retrospective Analytics And Prescriptive Analytics), By Application – (Financial Analytics, Clinical Analytics, Operational & Administrative Analytics), By End-user – (public Health Systems, Healthcare Providers, Private Healthcare Providers, Monitoring Agencies, Health Insurance Companies, Clinical And Medical Research Bodies, Technology Vendors) And By Region – Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2018-2023)
ID: 50 | Pages: 137 | October 2018 | Region: Europe
The Europe Healthcare analytics market is presently at $2.68 Billion in 2018 and is estimated to be a market of $8.68 Billion by the end of 2023 with a growth rate of 26.52%. Healthcare analytics is analysis of the data collected from multiple sources to designate the certain trends and patterns for improvised intervention of healthcare.
The drastic growth in analytics is fuelled with the increase in the use of IT healthcare sector over the past several years. The analytics in the healthcare is used to predict the future trends, measure performance of the business and to evaluate decisions & outcomes. This analysis helps in improving the accuracy, service delivery system and the total efficiency of the healthcare system providing better-quality outcomes and laterally reducing hospital readmissions and costs.
The concerns about the confidentiality of the information, security issues, technological and cultural barriers and dearth of skilled workforce may hinders the growth of this market across the world. In addition, the fragmented international economic and political relations may also act as a threat to the market growth.
The Europe healthcare analytics market is segmented based on its applications, types, end users, components, delivery modes, and regions. The market is segmented based on the type into prescriptive analytics, predictive analytics and descriptive/retrospective analytics. On the basis of application it is categorised into Clinical Analytics, Financial Analytics, and Operational & Administrative Analytics. Based on the end-users it is segmented as healthcare providers, public health systems, private healthcare providers, Health Insurance companies, Monitoring agencies, technology vendors, Clinical and Medical research bodies,.
The healthcare providers segment among the end users is most likely to grow at a higher CAGR during the forecasted period. Mandatory federal regulations, for instance the implementation of ICD-10 code sets and EHRs, swing towards value-based medicine, and the increased focus on quality care and reduced costs are aiding the growth of this segment in the market.
Based on geography, the Europe market is analysed under various regions namely, Spain, Germany, UK, France, and Italy. Europe accounts to about 19% of the global healthcare analytics market in 2015 and is predicted to witness the highest growth rate in the forecast period.
The healthcare analytics market is highly competitive, with several big as well as emerging market players present in the market which include SAS Institute, Inc., Optum, Inc., IBM Corporation, Truven Health Analytics Inc., Cerner Corporation, Verisk Analytics, Inc., McKesson Corporation, Allscripts Health Solutions, Oracle Corporation, MedeAnalytics, Inovalon, Inc. and Health Catalyst.
1.Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 New Developments
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 By Type
5.1.1 Predictive Analytics
5.1.2 Descriptive/Restrospective Analytics
5.1.3 Prescreptive Analytics
5.2 By Application
5.2.1 Financial Analytics
5.2.2 Clinical Analytics
5.2.3 Operational & Administrative Analytics
5.3 By End-user
5.3.1 Public Health Systems
5.3.2 Healthcare Providers
5.3.3 Private Healthcare Providers
5.3.4 Monitoring Agencies
5.3.5 Health Insurance Companies
5.3.6 Clinical and Medical Research Bodies
5.3.7 Technology Vendors
6. Geographical Analysis
6.1 Introduction
6.2 U.K
6.3 Spain
6.4 Germany
6.5 Italy
6.6 France
7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 McKesson
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Strategic Evaluation and Operations
8.1.4 Financial analysis
8.1.5 Legal issues
8.1.6 Recent Developments
8.1.7 SWOT analysis
8.1.8 Analyst View
8.2 SAS Institute Inc
8.3 Optum Inc.
8.4 IBM Corporation
8.5 Truven Health Analytics Inc.
8.6 Cerner Corporation
8.7 Verisk Analytics Inc.
8.8 Allscripts Health Solutions
8.9 Oracle Corporation
8.10 MedeAnalytics Inovalon Inc.
8.11 Health Catalyst
9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Expert Opinions
10.1 Market Outlook
10.2 Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
- Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
- Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
- Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
- Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
- Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
- A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
- Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
- An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
- Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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- Europe Healthcare Analytics Market By Region, From 2018-2023 (USD Million)
- Europe Healthcare Analytics Market By Type, From 2018-2023 (USD Million)
- Europe Predictive Analytics Market By Region, From 2018-2023 (USD Million)
- Europe Descriptive/Restrospective Analytics Market By Region, From 2018-2023 (USD Million)
- Europe Prescriptive Analytics Market By Region, From 2018-2023 (USD Million)
- Europe Healthcare Analytics Market By Application, From 2018-2023 (USD Million)
- Europe Financial Analytics Market By Region, From 2018-2023 (USD Million)
- Europe Clinical Analytics Market By Region, From 2018-2023 (USD Million)
- Europe Operational & Administrative Analytics Market By Region, From 2018-2023 (USD Million)
- Europe Healthcare Analytics Market By End-user, From 2018-2023 (USD Million)
- Europe Public Health Systems Market By Region, From 2018-2023 (USD Million)
- Europe Healthcare Providers Market By Region, From 2018-2023 (USD Million)
- Europe Private Healthcare Providers Market By Region, From 2018-2023 (USD Million)
- Europe Monitoring Agencies Market By Region, From 2018-2023 (USD Million)
- Europe Health Insurance Companies Market By Region, From 2018-2023 (USD Million)
- Europe Clinical and Medical Research Bodies Market By Region, From 2018-2023 (USD Million)
- Europe Technology Vendors Market By Region, From 2018-2023 (USD Million)
- U.K Healthcare Analytics Market By Type, From 2018-2023 (USD Million)
- U.K Healthcare Analytics Market By Application, From 2018-2023 (USD Million)
- U.K Healthcare Analytics Market By End-user, From 2018-2023 (USD Million)
- Spain Healthcare Analytics Market By Type, From 2018-2023 (USD Million)
- Spain Healthcare Analytics Market By Application, From 2018-2023 (USD Million)
- Spain Healthcare Analytics Market By End-user, From 2018-2023 (USD Million)
- Germany Healthcare Analytics Market By Type, From 2018-2023 (USD Million)
- Germany Healthcare Analytics Market By Application, From 2018-2023 (USD Million)
- Germany Healthcare Analytics Market By End-user, From 2018-2023 (USD Million)
- Italy Healthcare Analytics Market By Type, From 2018-2023 (USD Million)
- Italy Healthcare Analytics Market By Application, From 2018-2023 (USD Million)
- Italy Healthcare Analytics Market By End-user, From 2018-2023 (USD Million)
- France Healthcare Analytics Market By Type, From 2018-2023 (USD Million)
- France Healthcare Analytics Market By Application, From 2018-2023 (USD Million)
- France Healthcare Analytics Market By End-user, From 2018-2023 (USD Million)
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