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  3. > Clinical Data Analytics In Healthcare – Growth, Trends And Forecasts (2014 – 2019)

Clinical Data Analytics market is estimated to grow from USD 3.2 billion in 2015 to USD 18.06 billion by 2020, at Compound Annual Growth Rate of 41.50%. Big Data in healthcare is overwhelming not only because of its volume but also because of the diversity of data types and the speed at which it must be managed. The totality of data related to patient healthcare and well-being make up “big data” in the healthcare industry. By discovering associations and understanding patterns and trends within this data, big data analytics can help in improving care, save lives, and lower costs.

Clinical Data Analytics help physicians to take decisions about the care of their patients or aid in better understanding the health of their covered populations. The technology can vary according to the data involved or the users of the information or the actions which are at the discretion of decision makers who can be anyone or more of the following: Nurses, Doctors, Public Health Officials and Senior Management. The end-users of this market are Pharmaceuticals, Healthcare providers, biotechnology, academia and others.

The factors responsible for driving the demand for clinical data analytics market are, increasing focus of the population towards health management, supportive government policies, cost benefits, and the opportunity to provide better quality services to the patients. On the other hand, fragmented end-user market and software related privacy and security issues are some of the challenges of the clinical data analytics market.

The market for clinical data analytics is segmented on basis of Deployment Model (Cloud, On-Premise), Services (Consulting, Maintenance) and geographical terrains.
Based on geography, the market is segmented into North America, Europe, Asia-Pacific and Rest of the World. North America will be the biggest market for these solutions with a share of 55%, followed by Europe, Asia Pacific and Rest of the World.

Many players in this market are trying to expand their product portfolio in order to top the global market. While few companies are entering into the market by acquisitions, top companies are expanding their growth in this market by acquiring other companies. Few companies adopted product innovation and new product launches as its key business strategy to ensure its dominance in this market. Some of the key vendors are IBM, Caradigm, CareEvolution, Cerner, Explorys, InterSystems, McKesson, Wellcentive, Athenahealth and Truven Health Analytics. IBM has the largest market share among the different software vendors catering to Clinical Data Analytics Market, followed by Athenahealth, InterSystems Corporation and Cerner Corporation.


Key Deliverables in the Study
1. Market analysis for the Clinical Data Analytics market, with region specific assessments and competition analysis on global and regional scales
2. Market definition along with the identification of key drivers and restraints
3. Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale
4. Extensively researched competitive landscape section with profiles of major companies along with their market shares
5. Identification and analysis of the macro and micro factors that affect the Clinical Data Analytics market Market on both global and regional scales
6. A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information
7. A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market

Table Of Contents

Clinical Data Analytics In Healthcare - Growth, Trends And Forecasts (2014 - 2019)
Introduction
Study Deliverables
Market Definition
Sizing Units
Base Currency
Review and Forecast Period Years
General Study Assumptions
Research Methodology
Introduction
Analysis Methodology
Econometric Forecast Model
Research Assumptions
Executive Summary
Key Inferences
Market Overview and Industry Trends
Current Market Scenario
Applications of Healthcare Analytics
Technology Overview
New Developments
Industry Value-Chain Analysis
Product Life-Cycle Analysis
Product Benchmarking
Investment Analysis
Porter's Five Forces
Bargaining Power of Suppliers
Bargaining Power of Consumers
Threat of New Entrants
Threat of Substitute Products and Services
Competitive Rivalry within the Industry
Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
Market Drivers
Increasing focus towards population health management
Government Policies
Cost benefits and improved quality services to patients
Market Restraints
Privacy and security issues
Fragmented end-user market
Key Challenges
Current Opportunities in the Market
Market Segmentation
By Deployment Model
Cloud
On-Premises
By Services
Consulting
Maintenance
By End-User
Pharmaceutical
Healthcare Providers
Biotechnology
Academia
Others
By Geography
North America
Introduction
US
Canada
Mexico
Europe
Introduction
France
UK
Germany
Italy
Spain
Asia-Pacific
Introduction
India
China
Japan
Australia and New Zealand
South Korea
Middle-East and North Africa (MENA)
Introduction
GCC
Egypt
Algeria
South America
Introduction
Brazil
Argentina
Others
Competitive Landscape
Merger and Acquisition Analysis
New Product Launches
Agreements, Collaborations and Partnerships
9. Company Profiles
IBM
Caradigm
CareEvolution
Cerner
Explorys
Intersystems
McKesson
Wellcentive
Athenahealth
Truven Health Analytics
Analyst Outlook for Investment Opportunities
Future Outlook of the Market

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