Healthcare Business Intelligence Market Insights
The global healthcare business intelligence market is estimated to witness a high CAGR during the forecast period (2020-2026). Increasing need for improving operational workflow and patient care by healthcare providers, payers, and manufacturers are some of the major factors driving the market growth. Emergence of cloud-based business intelligence (BI) solutions, along with rising adoption of mobile based BI solutions are expected to propel the market growth during the forecast period. Moreover, advancements in analytics and emergence of big data is expected to drive the healthcare business intelligence (BI) market over the forecast period. However, requirement of high investments for implementing healthcare business intelligence is likely to hamper the market growth during the forecast period.
Healthcare Business Intelligence Market: By Component
On the basis of component, the global healthcare business intelligence market is segmented into platform, software and services. The platform segment is expected to hold the largest market share during the forecast period. Increasing requirement for customized BI solutions for flexibility operations is driving the market for platform segment. Healthcare BI solutions helps healthcare organizations for high efficiency and reduce overall costs. Growing adoption of latest technologies in developing nation is also driving the market growth for healthcare BI market.
Healthcare Business Intelligence Market: By Function
On the basis of function, the market is segmented into OLAP and visualization, performance management, and query & reporting. OLAP & visualization segment is expected to hold the largest market share during the forecast period. OLAP & visualization provides quick insights for decision-making, increase productivity improvement, and provides competitive advantages among others. These are some of the major factors expected to propel the market growth for OLAP & visualization during the forecast period.
Healthcare Business Intelligence Market: By Deployment Mode
Based on deployment mode, the healthcare business intelligence market is segmented into on-premises, cloud based and hybrid. Cloud-based deployment mode is dominating the market and is projected to grow at a high CAGR in terms of revenue during the forecast period. Increasing adoption of cloud computing across the globe is driving the market growth for cloud-based. Growing adoption of the cloud-based healthcare BI solutions among providers to optimize revenue cycle management, supply chain management, performance management, and clinical decision among others are driving the market growth.
Healthcare Business Intelligence Market: By Application
On the basis of application, the healthcare business intelligence market is segmented into financial analysis, clinical analysis, and operational analysis. The financial analytics segment is estimated to account for the largest market share during the forecast period (2020-2026). Increasing adoption of financial analytic software among the healthcare providers for the management of different activities such as revenue cycle, risk assessment and claims processing among others is expected to boost the growth for healthcare business intelligence application in financial analysis.
Healthcare Business Intelligence Market: By End User
On the basis of end user, the healthcare business intelligence market is segmented into payers, and providers among others. The payers segment is estimated to account for the largest market share during the forecast period (2020-2026). Rising healthcare costs along with the growing need to increase memberships and curb fraudulent claims are some of the major factors expected to propel the market growth during the forecast period. Reducing operation cost and increasing competition are compelling healthcare payers to adopt BI solutions.
Healthcare Business Intelligence Market: By Region
Asia Pacific is expected to witness considerable growth in the Healthcare Business Intelligence market during the forecast period. Asia Pacific has emerged as a leading producer of Healthcare Business Intelligence. The expanding manufacturing sector and increasing foreign investments in the region are the major factors driving the Healthcare Business Intelligence market growth.
Healthcare Business Intelligence Market: End Use Landscape
The end-user landscape entails a list of current and prospective consumers prevailing across the regions. This section briefs you about company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase. The key end-users of the markets are Cleveland Clinic, and Mayo clinic among others.
Healthcare Business Intelligence Market: Vendor Landscape
The report contains a chapter dedicated to vendors operating in the Healthcare Business Intelligence market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies.
Healthcare Business Intelligence Market Share & Competitor Analysis
Some of the key players operating in the Healthcare Business Intelligence market are Microsoft, IBM, Oracle, SAP SE, SAS Institute Inc, Tableau Software, MicroStrategy Incorporated, QlikTech International AB, Information Builders, Sisense Inc, Yellowfin BI, and BOARD International among others.
In 2018, Oracle acquired Zenedge to secure critical IT systems. These secure critical IT systems are deployed via cloud, on-premise, or hybrid hosting environments.
Check the Press Release on Global Healthcare Business Intelligence (BI) Market Report
Healthcare Business Intelligence (BI) Market: By Component
- Introduction
- Healthcare Business Intelligence (BI) Market, By Component, 2018-2026 (USD Million)
- Platforms
- Platforms: Healthcare Business Intelligence (BI) Market, 2018-2026 (USD Million)
- Software
- Software: Healthcare Business Intelligence (BI) Market, 2018-2026 (USD Million)
- Services
- Services: Healthcare Business Intelligence (BI) Market, 2018-2026 (USD Million)
Healthcare Business Intelligence (BI) Market: By Function
- Introduction
- Healthcare Business Intelligence (BI) Market, By Function, 2018-2026 (USD Million)
- OLAP
- OLAP: Healthcare Business Intelligence (BI) Market, 2018-2026 (USD Million)
- Performance Management
- Performance Management: Healthcare Business Intelligence (BI) Market, 2018-2026 (USD Million)
Healthcare Business Intelligence (BI) Market: By Deployment Model
- Introduction
- Healthcare Business Intelligence (BI) Market, By Deployment Model, 2018-2026 (USD Million)
- On-Premise Model
- On-Premise Model: Healthcare Business Intelligence (BI) Market, 2018-2026 (USD Million)
- Hybrid Model
- Hybrid Model: Healthcare Business Intelligence (BI) Market, 2018-2026 (USD Million)
- Cloud-Based Model
- Cloud-Based Model: Healthcare Business Intelligence (BI) Market, 2018-2026 (USD Million)
Healthcare Business Intelligence (BI) Market: By End users
- Introduction
- Healthcare Business Intelligence (BI) Market, By End users, 2018-2026 (USD Million)
- Payers
- Payers: Healthcare Business Intelligence (BI) Market, 2018-2026 (USD Million)
- Providers
- Providers: Healthcare Business Intelligence (BI) Market, 2018-2026 (USD Million)
Healthcare Business Intelligence (BI) Market: By Application
- Introduction
- Healthcare Business Intelligence (BI) Market, By Application, 2018-2026 (USD Million)
- Financial Analysis
- FINANCIAL ANALYSIS: Healthcare Business Intelligence (BI) Market, 2018-2026 (USD Million)
- Clinical Analysis
- Clinical Analysis: Healthcare Business Intelligence (BI) Market, 2018-2026 (USD Million)
- Operational Analysis
- Operational Analysis: Healthcare Business Intelligence (BI) Market, 2018-2026 (USD Million)
Healthcare Business Intelligence (BI) Market: By Region
- Introduction
- Global Healthcare Business Intelligence (BI) Market, Regional Analysis, 2018-2026 (USD Million)
- North America
- North America Healthcare Business Intelligence (BI) Market, Regional Analysis, 2018-2026 (USD Million)
- By Component
- North America Healthcare Business Intelligence (BI) Market, By Component, 2018-2026 (USD Million)
- By Function
- North America Healthcare Business Intelligence (BI) Market, By Function, 2018-2026 (USD Million)
- By Deployment Model
- North America Healthcare Business Intelligence (BI) Market, By Deployment Model, 2018-2026 (USD Million)
- By End users
- North America Healthcare Business Intelligence (BI) Market, By End users, 2018-2026 (USD Million)
- By Application
- North America Healthcare Business Intelligence (BI) Market, By Application, 2018-2026 (USD Million)
- By Country
- U.S
- By Component
- U.S Healthcare Business Intelligence (BI) Market, By Component, 2018-2026 (USD Million)
- By Function
- U.S Healthcare Business Intelligence (BI) Market, By Function, 2018-2026 (USD Million)
- By Deployment Model
- U.S Healthcare Business Intelligence (BI) Market, By Deployment Model, 2018-2026 (USD Million)
- By End users
- U.S Healthcare Business Intelligence (BI) Market, By End users, 2018-2026 (USD Million)
- By Application
- U.S Healthcare Business Intelligence (BI) Market, By Application, 2018-2026 (USD Million)
- Canada.
- By Component
- Canada Healthcare Business Intelligence (BI) Market, By Component, 2018-2026 (USD Million)
- By Function
- Canada Healthcare Business Intelligence (BI) Market, By Function, 2018-2026 (USD Million)
- By Deployment Model
- Canada Healthcare Business Intelligence (BI) Market, By Deployment Model, 2018-2026 (USD Million)
- By End users
- Canada Healthcare Business Intelligence (BI) Market, By End users, 2018-2026 (USD Million)
- By Application
- Canada Healthcare Business Intelligence (BI) Market, By Application, 2018-2026 (USD Million)
- Mexico
- By Component
- Mexico Healthcare Business Intelligence (BI) Market, By Component, 2018-2026 (USD Million)
- By Function
- Mexico Healthcare Business Intelligence (BI) Market, By Function, 2018-2026 (USD Million)
- By Deployment Model
- Mexico Healthcare Business Intelligence (BI) Market, By Deployment Model, 2018-2026 (USD Million)
- By End users
- Mexico Healthcare Business Intelligence (BI) Market, By End users, 2018-2026 (USD Million)
- By Application
- Mexico Healthcare Business Intelligence (BI) Market, By Application, 2018-2026 (USD Million)
- Europe
- Europe Healthcare Business Intelligence (BI) Market, Regional Analysis, 2018-2026 (USD Million)
- By Component
- Europe Healthcare Business Intelligence (BI) Market, By Component, 2018-2026 (USD Million)
- By Function
- Europe Healthcare Business Intelligence (BI) Market, By Function, 2018-2026 (USD Million)
- By Deployment Model
- Europe Healthcare Business Intelligence (BI) Market, By Deployment Model, 2018-2026 (USD Million)
- By End users
- Europe Healthcare Business Intelligence (BI) Market, By End users, 2018-2026 (USD Million)
- By Application
- Europe Healthcare Business Intelligence (BI) Market, By Application, 2018-2026 (USD Million)
- By Country
- Germany
- By Component
- Germany Healthcare Business Intelligence (BI) Market, By Component, 2018-2026 (USD Million)
- By Function
- Germany Healthcare Business Intelligence (BI) Market, By Function, 2018-2026 (USD Million)
- By Deployment Model
- Germany Healthcare Business Intelligence (BI) Market, By Deployment Model, 2018-2026 (USD Million)
- By End users
- Germany Healthcare Business Intelligence (BI) Market, By End users, 2018-2026 (USD Million)
- By Application
- Germany Healthcare Business Intelligence (BI) Market, By Application, 2018-2026 (USD Million)
- UK
- By Component
- UK Healthcare Business Intelligence (BI) Market, By Component, 2018-2026 (USD Million)
- By Function
- UK Healthcare Business Intelligence (BI) Market, By Function, 2018-2026 (USD Million)
- By Deployment Model
- UK Healthcare Business Intelligence (BI) Market, By Deployment Model, 2018-2026 (USD Million)
- By End users
- UK Healthcare Business Intelligence (BI) Market, By End users, 2018-2026 (USD Million)
- By Application
- UK Healthcare Business Intelligence (BI) Market, By Application, 2018-2026 (USD Million)
- France
- By Component
- France Healthcare Business Intelligence (BI) Market, By Component, 2018-2026 (USD Million)
- By Function
- France Healthcare Business Intelligence (BI) Market, By Function, 2018-2026 (USD Million)
- By Deployment Model
- France Healthcare Business Intelligence (BI) Market, By Deployment Model, 2018-2026 (USD Million)
- By End users
- France Healthcare Business Intelligence (BI) Market, By End users, 2018-2026 (USD Million)
- By Application
- France Healthcare Business Intelligence (BI) Market, By Application, 2018-2026 (USD Million)
- Italy
- By Component
- Italy Healthcare Business Intelligence (BI) Market, By Component, 2018-2026 (USD Million)
- By Function
- Italy Healthcare Business Intelligence (BI) Market, By Function, 2018-2026 (USD Million)
- By Deployment Model
- Italy Healthcare Business Intelligence (BI) Market, By Deployment Model, 2018-2026 (USD Million)
- By End users
- Italy Healthcare Business Intelligence (BI) Market, By End users, 2018-2026 (USD Million)
- By Application
- Italy Healthcare Business Intelligence (BI) Market, By Application, 2018-2026 (USD Million)
- Spain
- By Component
- Spain Healthcare Business Intelligence (BI) Market, By Component, 2018-2026 (USD Million)
- By Function
- Spain Healthcare Business Intelligence (BI) Market, By Function, 2018-2026 (USD Million)
- By Deployment Model
- Spain Healthcare Business Intelligence (BI) Market, By Deployment Model, 2018-2026 (USD Million)
- By End users
- Spain Healthcare Business Intelligence (BI) Market, By End users, 2018-2026 (USD Million)
- By Application
- Spain Healthcare Business Intelligence (BI) Market, By Application, 2018-2026 (USD Million)
- Rest Of Europe
- By Component
- Rest Of Europe Healthcare Business Intelligence (BI) Market, By Component, 2018-2026 (USD Million)
- By Function
- Rest Of Europe Healthcare Business Intelligence (BI) Market, By Function, 2018-2026 (USD Million)
- By Deployment Model
- Rest Of Europe Healthcare Business Intelligence (BI) Market, By Deployment Model, 2018-2026 (USD Million)
- By End users
- Rest Of Europe Healthcare Business Intelligence (BI) Market, By End users, 2018-2026 (USD Million)
- By Application
- Rest Of Europe Healthcare Business Intelligence (BI) Market, By Application, 2018-2026 (USD Million)
- Asia Pacific
- Asia Pacific Healthcare Business Intelligence (BI) Market, Regional Analysis, 2018-2026 (USD Million)
- By Component
- Asia Pacific Healthcare Business Intelligence (BI) Market, By Component, 2018-2026 (USD Million)
- By Function
- Asia Pacific Healthcare Business Intelligence (BI) Market, By Function, 2018-2026 (USD Million)
- By Deployment Model
- Asia Pacific Healthcare Business Intelligence (BI) Market, By Deployment Model, 2018-2026 (USD Million)
- By End users
- Asia Pacific Healthcare Business Intelligence (BI) Market, By End users, 2018-2026 (USD Million)
- By Country
- China
- By Component
- China Healthcare Business Intelligence (BI) Market, By Component, 2018-2026 (USD Million)
- By Function
- China Healthcare Business Intelligence (BI) Market, By Function, 2018-2026 (USD Million)
- By Deployment Model
- China Healthcare Business Intelligence (BI) Market, By Deployment Model, 2018-2026 (USD Million)
- By End users
- China Healthcare Business Intelligence (BI) Market, By End users, 2018-2026 (USD Million)
- By Application
- China Healthcare Business Intelligence (BI) Market, By Application, 2018-2026 (USD Million)
- Japan
- By Component
- Japan Healthcare Business Intelligence (BI) Market, By Component, 2018-2026 (USD Million)
- By Function
- Japan Healthcare Business Intelligence (BI) Market, By Function, 2018-2026 (USD Million)
- By Deployment Model
- Japan Healthcare Business Intelligence (BI) Market, By Deployment Model, 2018-2026 (USD Million)
- By End users
- Japan Healthcare Business Intelligence (BI) Market, By End users, 2018-2026 (USD Million)
- By Application
- Japan Healthcare Business Intelligence (BI) Market, By Application, 2018-2026 (USD Million)
- India
- By Component
- India Healthcare Business Intelligence (BI) Market, By Component, 2018-2026 (USD Million)
- By Function
- India Healthcare Business Intelligence (BI) Market, By Function, 2018-2026 (USD Million)
- By Deployment Model
- India Healthcare Business Intelligence (BI) Market, By Deployment Model, 2018-2026 (USD Million)
- By End users
- India Healthcare Business Intelligence (BI) Market, By End users, 2018-2026 (USD Million)
- By Application
- India Healthcare Business Intelligence (BI) Market, By Application, 2018-2026 (USD Million)
- South Korea
- By Component
- South Korea Healthcare Business Intelligence (BI) Market, By Component, 2018-2026 (USD Million)
- By Function
- South Korea Healthcare Business Intelligence (BI) Market, By Function, 2018-2026 (USD Million)
- By Deployment Model
- South Korea Healthcare Business Intelligence (BI) Market, By Deployment Model, 2018-2026 (USD Million)
- By End users
- South Korea Healthcare Business Intelligence (BI) Market, By End users, 2018-2026 (USD Million)
- By Application
- South Korea Healthcare Business Intelligence (BI) Market, By Application, 2018-2026 (USD Million)
- Central & South America
- Central & South America Healthcare Business Intelligence (BI) Market, Regional Analysis, 2018-2026 (USD Million)
- By Component
- Central & South America Healthcare Business Intelligence (BI) Market, By Component, 2018-2026 (USD Million)
- By Function
- Central & South America Healthcare Business Intelligence (BI) Market, By Function, 2018-2026 (USD Million)
- By Deployment Model
- Central & South America Healthcare Business Intelligence (BI) Market, By Deployment Model, 2018-2026 (USD Million)
- By End users
- Central & South America Healthcare Business Intelligence (BI) Market, By End users, 2018-2026 (USD Million)
- By Application
- Central & South America Healthcare Business Intelligence (BI) Market, By Application, 2018-2026 (USD Million)
- By Country
- Brazil
- By Component
- Brazil Healthcare Business Intelligence (BI) Market, By Component, 2018-2026 (USD Million)
- By Function
- Brazil Healthcare Business Intelligence (BI) Market, By Function, 2018-2026 (USD Million)
- By Deployment Model
- Brazil Healthcare Business Intelligence (BI) Market, By Deployment Model, 2018-2026 (USD Million)
- By End users
- Brazil Healthcare Business Intelligence (BI) Market, By End users, 2018-2026 (USD Million)
- By Application
- Brazil Healthcare Business Intelligence (BI) Market, By Application, 2018-2026 (USD Million)
- Middle East & Africa
- Middle East & Africa Healthcare Business Intelligence (BI) Market, Regional Analysis, 2018-2026 (USD Million)
- By Component
- Middle East & Africa Healthcare Business Intelligence (BI) Market, By Component, 2018-2026 (USD Million)
- By Function
- Middle East & Africa Healthcare Business Intelligence (BI) Market, By Function, 2018-2026 (USD Million)
- By Deployment Model
- Middle East & Africa Healthcare Business Intelligence (BI) Market, By Deployment Model, 2018-2026 (USD Million)
- By End users
- Middle East & Africa Healthcare Business Intelligence (BI) Market, By End users, 2018-2026 (USD Million)
- By Application
- Middle East & Africa Healthcare Business Intelligence (BI) Market, By Application, 2018-2026 (USD Million)
- By Country
- Saudi Arabia
- By Component
- Saudi Arabia Healthcare Business Intelligence (BI) Market, By Component, 2018-2026 (USD Million)
- By Function
- Saudi Arabia Healthcare Business Intelligence (BI) Market, By Function, 2018-2026 (USD Million)
- By Deployment Model
- Saudi Arabia Healthcare Business Intelligence (BI) Market, By Deployment Model, 2018-2026 (USD Million)
- By End users
- Saudi Arabia Healthcare Business Intelligence (BI) Market, By End users, 2018-2026 (USD Million)
- By Application
- Saudi Arabia Healthcare Business Intelligence (BI) Market, By Application, 2018-2026 (USD Million)
- UAE
- By Component
- UAE Healthcare Business Intelligence (BI) Market, By Component, 2018-2026 (USD Million)
- By Function
- UAE Healthcare Business Intelligence (BI) Market, By Function, 2018-2026 (USD Million)
- By Deployment Model
- UAE Healthcare Business Intelligence (BI) Market, By Deployment Model, 2018-2026 (USD Million)
- By End users
- UAE Healthcare Business Intelligence (BI) Market, By End users, 2018-2026 (USD Million)
- By Application
- UAE Healthcare Business Intelligence (BI) Market, By Application, 2018-2026 (USD Million)
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Healthcare Business Intelligence (BI) Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.