North America Clinical Data Analytics Market By Deployment Model (Cloud, On-Premise), By Services (Consulting, Maintenance), By End Use Sector (Pharmaceuticals, Healthcare Providers, Biotechnology, Academia), And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2018–2023)

North America Clinical Data Analytics Market By Deployment Model (Cloud, On-Premise), By Services (Consulting, Maintenance), By End Use Sector (Pharmaceuticals, Healthcare Providers, Biotechnology, Academia), And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2018–2023)

ID: 1755 | Pages: 138 | October 2018 | Region: North America


The North America Clinical Data Analytics Market was worth $3.04 billion in 2018 and estimated to be growing at a CAGR of 43.31%, to reach $18.38 billion by 2023. The market is showing significant potential in the mentioned forecasting period. The market continues to grow rapidly with the growth of Big data industry within the healthcare. Big data has been responsible for showing better results in improving healthcare, saving lives and that too at low costs.

Clinical Data Analytics has been a crucial assistance for doctors and physicians in making important decisions regarding patient’s care and providing better understanding of the health of the demographics. The technology shows variation according to the data that is required or the potential users of the information provided which includes doctors, nurses, public health officials etc.

The population has been showing more focus towards health management lately and hence It has been one of the major factors in driving the growth of the market for Clinical Data Analytics. Other important factors contributing to the market growth include supportive government policies, cost benefits and better opportunities to provide high quality services to patients. The challenges and restraints faced by Clinical Data Analytics market include software privacy issues, end user market fragmentation, security issues.

The North America market for Clinical Data Analytics is segmented based on Deployment Model, Services and End Use Sector. Based on the deployment model the market for Clinical Data Analytics is segmented into Cloud and On-Premise. Further, under services the segmentation is done into Consulting and Maintenance, and under End use sector the segmentation is done into Pharmaceuticals, Healthcare Providers, Biotechnology and Academia. On-Premise segmentation accounted for higher share compared to the Cloud segmentation. Similarly Consulting and Pharmaceuticals segmentations exhibit the highest share in their respective segments. On the basis of geographical analysis, the North America market is analysed under various countries namely United States and Canada.

The major players of the market that have shown domination in recent years include IBM, CareEvolution, Intersystems, Explorys, Cerner, Caradigm, Truven Health Analytics, Wellcentive, McKesson, Athenahealth.

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 Epidemology                                              

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 Deployment Model                                

                                5.1.1 Introduction                           

                                5.1.2 Cloud                         

                                5.1.3 On-Premise                            

                                5.1.4  Y-o-Y Growth Analysis, By Deployment Model                       

                                5.1.5  Market Attractiveness Analysis, By Deployment Model                     

                                5.1.6  Market Share Analysis, By Deployment Model                      

                5.2 Services                                       

                                5.2.1 Introduction                           

                                5.2.2 Consulting                               

                                5.2.3 Maintenance                         

                                5.2.4 Y-o-Y Growth Analysis, By Services                               

                                5.2.5 Market Attractiveness Analysis, By Services                             

                                5.2.6 Market Share Analysis, By Services                              

                5.3 End Use Sector                                         

                                5.3.1 Introduction                           

                                5.3.2 Pharmaceuticals                   

                                5.3.3 Healthcare Providers                          

                                5.3.4 Biotechnology                       

                                5.3.5 Academia                

                                5.3.6 Y-o-Y Growth Analysis, By End Use Sector                 

                                5.3.7  Market Attractiveness Analysis, By End Use Sector                              

                                5.3.8  Market Share Analysis, By End Use Sector                               

6. Geographical Analysis                                                              

                6.1 Introduction                                               

                                6.1.1 Regional Trends                    

                                6.1.2 Impact Analysis                     

                                6.1.3 Y-o-Y Growth Analysis                        

                                                6.1.3.1 By Geographical Area     

                                                6.1.3.2 By Deployment Model   

                                                6.1.3.3 By Services          

                                                6.1.3.4 By End Use Sector            

                                6.1.4  Market Attractiveness Analysis                     

                                                6.1.4.1 By Geographical Area     

                                                6.1.4.2 By Deployment Model   

                                                6.1.4.3 By Services          

                                                6.1.4.4 By End Use Sector            

                                6.1.5  Market Share Analysis                      

                                                6.1.5.1 By Geographical Area     

                                                6.1.5.2 By Deployment Model   

                                                6.1.5.3 By Services          

                                                6.1.5.4 By End Use Sector            

                6.2 United States                                            

                6.3 Canada                                         

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 IBM                                

                                8.1.1 Overview                 

                                8.1.2 Product Analysis                   

                                8.1.3 Financial analysis                  

                                8.1.4 Recent Developments                       

                                8.1.5 SWOT analysis                       

                                8.1.6 Analyst View                          

                8.2 CareEvolution                                            

                8.3 Cardigm                                       

                8.4 Explorys                                       

                8.5 Cerner                                          

                8.6 Intersystems                                             

                8.7 Athenahealth                                            

                8.8 Truven Health Analytics                                        

                8.9 Wellcentive                                

                8.10 McKesson                                 

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.Market Outlook and 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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