“Global Clinical Data Analytics Market Research Report 2019-2024”: Is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data which enhances the understanding, scope and application of this report.
The Global Clinical Data Analytics Market was valued at USD 3.974 billion in 2018 and is expected to register a CAGR of 33.07% over the forecast period (2019-2024). Clinical data analytics in the healthcare sector plays a prominent role in curing and predicting diseases, which increases the quality of care and nullifies preventable deaths, which occur due to the negligence of some chronic diseases.
Companies Include are:–
Allscripts Healthcare Solutions Inc., Caradigm, CareEvolution, Inc., Cerner Corp, Health Catalyst, IBM Corporation, Koninklijke Philips N.V, McKesson Corporation, Optum Inc., Oracle Corporation
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Increasing cold storage applications are likely to act as a market opportunity for market growth in the future.
In 2017, the building wall application dominated the market with a share of around 60%.
Scope of the Report
Clinical data analytics help physicians take care of a patient’s health conditions better, as well as aid in understanding the health status of the patients concerned. 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, such as nurses, doctors, public health officials, senior management, etc.
Key Market Trend
Quality Improvement and Clinical Bench-marking to Hold Significant Share :-
Healthcare professionals have always had a great deal of information they could use, but that data was not easy to access manually due to the huge sheer volume of the data. With the advent of digitization, the ability to deconstruct data in medical imaging for analyzing can cause a drastic change in the healthcare industry.
United States to be a Major Market :-
As per the National Institutes of Health, in 2016, the United States alone accounted for 40% of clinical trials worldwide. The collected data that is being generated from different sources need to be studied and analyzed for chalking out strategies for effective population health management. Under the new rules by the US government for Medicare, hospitals and doctors will be subject to financial penalties under Medicare if they are not using electronic health records (EHR).
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Essential points covered in Global Clinical Data Analytics Market 2019 Research are:-
- What will the Clinical Data Analytics market size and the growth rate be in 2024?
- What are the key factors driving the Global Clinical Data Analytics market?
- What are the key market trends impacting the growth of the Global Clinical Data Analytics market?
- What are the challenges to Clinical Data Analytics market growth?
- Who are the key vendors in the Global Clinical Data Analytics market?
- What are the market opportunities and threats faced by the vendors in the Global Clinical Data Analytics market?
- What are the key outcomes of the five forces analysis of the Global Clinical Data Analytics market?
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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