Market
Scenario
The global clinical
intelligence market is presumed to expand at 12.5 % CAGR during the forecast
period (2017-2023) owing to the increasing adoption of healthcare IT, asserts
Market Research Future (MRFR). Also known as clinical data analytics, clinical
intelligence market is a blend of technologies which involves the use of data
analytics in order to improve the healthcare
delivery. Analysis of clinical data helps to know the loopholes in an
organization’s process that hampers its growth. Clinical intelligence comprises
software for medical records management, Revenue Cycle Management (RCM),
clinical decision support, and financial management and helps to improve the
productivity of an organization, improve patient’s engagement, reduce cost and
time.
Get Sample Copy @ https://www.marketresearchfuture.com/sample_request/4478
Drivers
and Constraints Impacting the Market
The global market for
clinical intelligence is likely to grow at a remarkable rate mainly due to the
growing adoption of healthcare IT during the assessment period. With the
growing importance of software solutions in fraud detection and insurance claim
processing and increasing use of electronic health records, the global market for
clinical intelligence is set to boom.
Moreover, engagement of software companies in EHR and healthcare IT influences
the market growth at a global pace. The presence
of a large number of market players offering healthcare software
solutions is anticipated to stimulate the
market over the review period.
On the flip side, high
costs associated with clinical intelligence software solutions is one of the
major factors likely to retard the market growth in the coming years.
Global
Clinical Intelligence Market: Segmental Analysis
The global clinical
intelligence market has been segmented on the basis of components, type, end-user,
application, and region.
By mode of type, the
global clinical intelligence market has been
segmented into population health management, retrospective performance
measures & predictive analytics, clinical benchmarking, clinical decision
support (CDSS) system, quality improvement, performance measurement systems,
and others. The quality improvement segment is further sub-segmented into six
sigma. The population health management segment is further sub-segmented into under-utilization
of health services and over-utilization of health services.
By mode of component, the global clinical intelligence
market has been segmented into hardware,
software, and services.
By mode of application,
the global clinical intelligence market has been
segmented into revenue cycle management (RCM) claims, fraud, supply chain, financial management, clinical, and
others.
By mode of end-users, the
global clinical intelligence market has been
segmented into clinics, hospitals, TPAs, and others.
Regional
Insights
Geographically, the clinical
intelligence market span across four major regions namely, America, Europe,
Asia Pacific, and the Middle East and Africa.
Among all the regions, America
is considered to be the largest market for clinical intelligence due to
extensive use of software solutions for healthcare administration. North America accounts for the largest market share in
this region due to the presence of healthcare IT companies namely Allscripts,
QSI Management, GE Electric Company, and IBM.
Europe is considered to be
the second largest market for clinical intelligence and is presumed to show a
steady growth in the coming years owing to the technological developments in
healthcare IT, growing number of healthcare providers using clinical management
software, patient engagement platform.
The market for clinical
intelligence is anticipated to grow at a steady pace in the Asia Pacific region
due to growing demand for healthcare IT, increasing number of healthcare
software solution providers, and rising expenditure on healthcare. Moreover,
with the rising demand for patient records management and growing burden of diseases is set to boost the
market in this region during the forecast period.
On the other hand, the
Middle East and African region are also
expected to showcase a steady growth due to low demand for healthcare IT in
areas with low healthcare expenditure.
Industry
News
September 27, 2018: A
recent KLAS shows that provider organizations are witnessing financial improvements
after implementation of clinical documentation improvement solutions. Around 53
% of the revenue has improved of the healthcare executives, managers, and
medical records directors.
Competitive
Dashboard
The major players
operating the global market are LLC (U.S.), QSI Management, Greenway Health,
Cerner Corporation (U.S.), McKesson Corporation (U.S.), Allscripts (U.S.), Epic
Systems Corporation (U.S.), IBM (U.S.), eClinicalWorks (U.S.), General Electric
Company (U.S.), and others.
About US:
Market Research Future (MRFR), enable customers to unravel
the complexity of various industries through Cooked Research Report (CRR),
Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed
Research (CFR), and Market Research & Consulting Services.
Contact Us:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
Phone: +1 646 845 9312
Email:
sales@marketresearchfuture.com
No comments:
Post a Comment