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.), and region.
The study highlights the global market size and forecast, as
well as trends and growth opportunities in different applications and regions.
Additionally, the report includes a strategic analysis, competitive landscape,
and Porter's Five Forces model to assess the industry's competitive intensity.
Key players in the healthcare BI market, such as Accenture,
IBM Corporation, Microsoft Corporation, SAP AG, and others, are profiled, and
their strategic initiatives and developments are discussed.
The report answers several key questions related to market
trends, growth prospects, customer demands, emerging trends, and major players
in the industry. It also examines the impact of M&A activities on the
healthcare BI market in the last five years.
Overall, the report provides valuable insights into the healthcare BI market, identifying growth areas and potential challenges for industry players.
More Information : https://www.techdogs.com/tech-news/pr-newswire/rising-demand-for-data-driven-insights-boosts-healthcare-business-intelligence-market
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