London, 09 October 2014 – TechNavio, a global tech-focused research firm has announced the publication of its market research report on the Global Healthcare Data Analytics Market 2014-2018.
Data analytics software refers to various tools and applications that are required to collect, manage and analyze structured and unstructured data in an enterprise. Healthcare analytics analyzes this data to provide insightful information regarding planning, management, measurement and learning in healthcare organizations. The Global Healthcare Data Analytics Market is expected to grow at a CAGR of 25.04 percent during the forecast period.
About the Report
The latest report by TechNavio focuses on the advancement of digital technology in remote patient diagnosis. Digital technology like EMR systems provides advanced monitoring, thus allowing doctors and patients to access high-quality healthcare information from anywhere. Additionally, the report also highlights the increased demand for advanced analytics tools in the healthcare sector. These tools provide hospitals with a better understanding of patients’ behavior and their responses to particular treatments.
“Advanced analytical tools are a significant part of healthcare data analytics solutions that help healthcare organizations gain better insights into a patient’s wellbeing. These insights help hospitals address a wide range of areas that have significant potential to enhance operational success,” says Faisal Ghaus, Vice President of TechNavio.
Key Information Covered in the Report:
Market segmentation, size and forecast through 2018
Market Growth Drivers:
- Advancement of Digital Technology in Remote Patient Diagnosis
- For a full detailed list, view our report.
Market Challenges:
- Difficulty in Managing Huge Amounts of Data
- For a full detailed list, view our report.
Market Trends:
- Emergence of Advanced Analytical Tools
- For a full detailed list, view our report.
Key Vendors:
- IBM Corp.
- OptumHealth Care Solutions Inc.
- Oracle Corp.
- Verisk Analytics Inc.
Other Prominent Vendors:
- Allscripts Healthcare Solutions
- Cerner
- Hewlett-Packard
- IBM
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