{"id":65285,"date":"2020-08-27T23:00:00","date_gmt":"2020-08-27T23:00:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2720053"},"modified":"2020-08-27T23:00:00","modified_gmt":"2020-08-27T23:00:00","slug":"how-business-intelligence-revolutionizing-the-global-healthcare-industry","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2020\/08\/27\/how-business-intelligence-revolutionizing-the-global-healthcare-industry\/","title":{"rendered":"How Business Intelligence Revolutionizing the Global Healthcare Industry"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"200\" height=\"68\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/08\/1902-1598513252.jpg\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"\" style=\"display: block; margin-bottom: 5px; clear:both;max-width: 100%;\" link_thumbnail=\"\" \/><\/p>\n<p>According to the new market research report&#8220;<strong>Healthcare Business Intelligence Marketby Component (Platform, Software, Service), Function (OLAP, Performance Management), Application (RCM, Inventory, Strategy Analysis), Deployment Model (Cloud, Hybrid) &amp; End User (Payer, Hospital) &#8211; Forecast to 2023<\/strong>&#8220;, published by MarketsandMarkets<img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/11.2.0\/72x72\/2122.png\" alt=\"&trade;\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\" \/>, the Healthcare Business Intelligence Market is expected to reachUSD 8.9 billionby 2023 fromUSD 4.4 billionin 2018, at a CAGR of 15.3% during the forecast period.<\/p>\n<p><strong>Don&#8217;t miss out on business opportunities in<\/strong><a href=\"https:\/\/www.marketsandmarkets.com\/Market-Reports\/healthcare-business-intelligence-market-252368925.html\"><strong>Healthcare Business Intelligence Market<\/strong><\/a>.<\/p>\n<p>The growth of this market is mainly driven by the implementation of government initiatives to increase EHR adoption, growing adoption of data-driven decision-making, growing pressure to curb healthcare spending and improve patient outcomes, big data in healthcare, and the increasing number of patient registries.<\/p>\n<p><img decoding=\"async\" style=\"margin-left: auto; margin-right: auto;\" src=\"https:\/\/pressrelease.icrowdnewswire.com\/assets\/source\/users\/1902\/healthcare-business-intelligence-market1%20(2).jpg?1598512802796\" alt=\"healthcare-business-intelligence-market1 (2)\" \/><br \/>\n<strong>Clinical analysis segment is expected to grow at the highest CAGR in theHealthcare Business Intelligence Marketduring the forecast period.<\/strong><\/p>\n<p>Based on the application, the Healthcare Business Intelligence Market is segmented into clinical analysis, financial analysis, and operational analysis. In 2018, the clinical analysis segment is expected to grow at the highest CAGR during the forecast period market, primarily due to the growing pressure to curtail healthcare spending, increasing government incentives (especially in the US) for improving the quality and reducing the cost of care, growing adoption of EHRs, and rising focus on building patient registries.<\/p>\n<p><strong><em>Browse<\/em><em>in-depth TOC on<\/em>&#8220;Healthcare Business Intelligence Market&#8221;<\/strong><\/p>\n<p>150&ndash;Tables<br \/>\n40&#8211;Figures<br \/>\n194&#8211;Pages<\/p>\n<p><strong>Download PDF Brochure:<br \/>\n<\/strong><a href=\"https:\/\/www.marketsandmarkets.com\/pdfdownloadNew.asp?id=252368925\">https:\/\/www.marketsandmarkets.com\/pdfdownloadNew.asp?id=252368925<\/a><\/p>\n<p><strong>Growing demand for cloud-based healthcare BI solutions is driving the growth of this segment<\/strong><\/p>\n<p>On the basis of deployment model, the Healthcare Business Intelligence Market is segmented into on-premise, hybrid, and cloud-based models. In 2018, cloud-based models are expected to register the highest CAGR during the forecast period. Factors such as on-demand self-serving analytics, their highly adaptable nature, ease of use, affordability, reliability, no upfront capital investment for hardware, extreme capacity flexibility, and a pay-as-you-go pricing model is expected to boost the demand for healthcare business intelligence services.<\/p>\n<p><strong>North America<\/strong><strong>is expected to lead theHealthcare Business Intelligence Marketin 2023<br \/>\n<\/strong><br \/>\nOn the basis of the region, the Healthcare Business Intelligence Market is segmented intoNorth America,Europe,Asia, and the RoW. In 2018,North Americais expected to account for the largest share of the market, followed byEurope, The largest share of the North American market is attributed to the factors such as The increasing adoption of healthcare intelligence solutions and services by healthcare providers (especially in the US) to provide better quality care and lower healthcare costs. In 2018,Europeis expected to hold the second-largest share. Factors such as the need to provide quality healthcare quicker and efficiently rises, it will drive the adoption of tools to streamline healthcare delivery; this will prove favorable to the growth of the Healthcare Business Intelligence Market inEurope.<\/p>\n<p><strong>Request Sample Report@<\/strong><br \/>\n<a href=\"https:\/\/www.marketsandmarkets.com\/requestsampleNew.asp?id=252368925\">https:\/\/www.marketsandmarkets.com\/requestsampleNew.asp?id=252368925<\/a><\/p>\n<p>The Healthcare Business Intelligence Market is highly competitive, with the presence of both large and small players. Microsoft (US), IBM (US), Oracle (US), SAP SE (Germany), SAS Institute Inc. (US), Tableau Software (US), MicroStrategy Incorporated (US), QlikTech International AB (US), Information Builders (US), Sisense Inc. (US), Yellowfin BI (Australia), and BOARD International (Switzerland) are some of the leading payers in Healthcare Business Intelligence Market.<\/p>\n<p><strong>IBM<\/strong>is one of the leading player in the healthcare business intelligence market. The company&rsquo;s R&amp;D expenditure increased substantially in 2017 as compared to 2015. This significant investment in R&amp;D is allowing the company to offer innovative solutions such as the Cognos Analytics platform in the market.<\/p>\n<p class=\"tags\">Tags: <a href=\"https:\/\/icrowdnewswire.com\/tag\/healthcare-business-intelligence\/\" rel=\"tag\">Healthcare Business Intelligence<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/healthcare-business-intelligence-market\/\" rel=\"tag\">Healthcare Business Intelligence Market<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/healthcare-business-intelligence-market-share\/\" rel=\"tag\">Healthcare Business Intelligence Market Share<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/healthcare-business-intelligence-market-size\/\" rel=\"tag\">Healthcare Business Intelligence Market Size<\/a><\/p>\n<div><strong>See Campaign: <\/strong><a href=\"https:\/\/www.marketsandmarkets.com\/Market-Reports\/healthcare-business-intelligence-market-252368925.h\" target=\"_blank\">https:\/\/www.marketsandmarkets.com\/Market-Reports\/healthcare-business-intelligence-market-252368925.h<\/a><br \/><b>Contact Information:<\/b><br \/>Mr. Ashish Mehra<br \/>\nMarketsandMarkets<img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/11.2.0\/72x72\/2122.png\" alt=\"&trade;\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\" \/> INC.<br \/>\n630 Dundee Road<br \/>\nSuite 430<br \/>\nNorthbrook, IL 60062<br \/>\nUSA : 1-888-600-6441<\/p>\n<p><b>Tags:<\/b><br \/><a href=\"\"><\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/ips\/\" rel=\"category tag\">IPS<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/extended-distribution\/\" rel=\"category tag\">Extended Distribution<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/icn_internal_distribution\/\" rel=\"category tag\">iCN Internal Distribution<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/wire\/\" rel=\"category tag\">Wire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/research-newswire\/\" rel=\"category tag\">Research Newswire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/language\/english\/\" rel=\"category tag\">English<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"\" alt=\"image\" width=\"400\" height=\"300\" class=\"cwdfimg\" \/><\/div>\n<div>\n<h3>Contact Information:<\/h3>\n<p>Mr. Ashish Mehra<br \/>\nMarketsandMarkets\u2122 INC.<br \/>\n630 Dundee Road<br \/>\nSuite 430<br \/>\nNorthbrook, IL 60062<br \/>\nUSA : 1-888-600-6441<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"200\" height=\"68\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/08\/1902-1598513252.jpg\" alt=\"\">According to the new market research report&nbsp;&ldquo;Healthcare Business Intelligence Market&nbsp;by Component (Platform, Software, Service), Function (OLAP, Performance Management), Application (RCM, Inventory, Strategy Analysis), Deployment Model (Cloud, Hybrid) &amp; End User (Payer, Hospital) &ndash; Forecast to 2023&ldquo;, published by MarketsandMarkets&trade;, the Healthcare Business Intelligence Market is expected to reach&nbsp;USD 8.9 billion&nbsp;by 2023 from&nbsp;USD 4.4 billion&nbsp;in 2018, &hellip; <a href=\"https:\/\/icrowdnewswire.com\/2020\/08\/27\/how-business-intelligence-revolutionizing-the-global-healthcare-industry\/\">Continue reading <span>How Business Intelligence Revolutionizing the Global Healthcare Industry<\/span><\/a> <a href=\"https:\/\/ipsnews.net\/business\/2020\/08\/27\/how-business-intelligence-revolutionizing-the-global-healthcare-industry\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,5,67,57,4,54],"tags":[],"class_list":["post-65285","post","type-post","status-publish","format-standard","hentry","category-english","category-extended-distribution","category-icn-internal-distribution","category-ips","category-research-newswire","category-wire"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - 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