Healthcare Clinical Analytics Market Anticipated To Value US$ 28,000 Million By 2022

Global Healthcare Clinical Analytics Market to Reach a Value of About US$ 28,000 Mn in the
Year 2022, Integrated Segment is the Largest in Platform Type
The cost of providing quality healthcare is rising and this issue is faced by even the developed
countries of the West. Hence providing efficient, quality and cost-effective healthcare is a priority
for all. However, there is a lack of adequate funding for healthcare due to political, economic and
other governance related compulsions and thus the healthcare system has to operate within this
restraint. Also, even though healthcare funding and health insurance programs exist, there is a steep
increase in the cost of providing quality healthcare. Due to these reasons, healthcare providers are
opting for the adoption of cost curbing tools such as healthcare clinical analytics. Due to healthcare
clinical analytics, tools like big data can be used to analyze large amounts of healthcare information
generated and this can be used to draw inferences and conclusions that makes the entire healthcare
system efficient and transparent. Due to these factors, the global healthcare clinical analytics market
is growing at a brisk pace.
The global healthcare clinical analytics market is slated to touch a value of about US$ 28,000 Mn in
the year 2022 and grow at a robust CAGR during the assessment period.
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As per the forecast of Persistence Market Research, the integrated platform type segment is slated to
touch a value of nearly US$ 19,000 Mn in the year 2022. This represents a robust CAGR growth
during the assessment period of 2017-2022.
This represents a robust CAGR growth during the forecast period. The clinics segment is forecasted
to account for nearly one-tenth of the total revenue share of the end-user segment by the end of the
year 2017 and is expected to gain in market share by 2022 as compared with the year 2017.
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As per the forecast of Persistence Market Research, the on-premise segment is slated to reach a
value of nearly US$ 11,600 Mn in 2022. The on-premise segment is expected to lose market share
by the end of the year 2022. The largest share is contributed by the North America region in the onpremise segment.
Persistence Market Research forecasts the in-house solution type segment to exhibit a compound
annual growth rate (CAGR) of about 15% from 2017 to 2022.
The report has also included the profiles of some of the leading companies in the healthcare clinical
analytics market like Hewlett Packard Enterprise Company, Allscripts Healthcare Solutions, Inc.,
Cerner Corp., CareCloud Corporation, IBM Corporation, Medical Information Technology Inc.,
Optum Inc., McKesson Corp., Qsi Management Llc and Oracle Corp.
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