Healthcare BI Market Surges with Data Insights
The global healthcare business intelligence (BI) market is projected to experience promising growth opportunities, with a forecasted CAGR of 14.8% from 2019 to 2024. The main drivers behind this growth include the increasing demand for cost reduction in healthcare, the impact of federal healthcare mandates in boosting the adoption of BI solutions, the availability of more data, the need to improve healthcare outcomes and patient satisfaction, and the growing requirement for regulatory compliance and reporting. The report provides a comprehensive analysis of the healthcare BI market, segmenting it by technology (traditional BI, cloud BI, and mobile BI), function (query and reporting tools, OLAP and visualization tools, performance management, and monitoring & alerts), product (platform, software, and services), application (clinical, financial analysis, regulatory reporting, planning & budgeting, etc.), end-use industry (providers, hospitals, physician practices, payers, etc.)...