DALLAS, May 15, 2015 /PRNewswire-iReach/ -- ReportsnReports.com adds "Healthcare Business Intelligence (BI) Market by Function (Reporting, OLAP, Monitoring), Application (Clinical & Financial), Technology (Traditional, Cloud, Mobile), End User (Hospitals, Clinics, ACO, HIE, Payers) - Trends & Global Forecasts to 2018" report to its research database.
The global healthcare BI market is mainly categorized by function, application, technology, end user, and geography. Cloud BI and mobile BI are expected to register highest growth rate among the healthcare BI market by technology during the forecast period.Their favorable growth is attributed to the increasing shift of healthcare organizations towards cloud computing models, increasing use of Smartphones by the medical community, and highly flexible, agile, interoperable, scalable, and cost efficient platform provided by these technologies.
The healthcare BI market for the clinical applications segment is expected to grow at a higher CAGR during the forecast period. The factors, mainly contributing to its growth include federal government reforms such as Meaningful Use program; need by the health care systems to participate in new payment models such as Accountable Care Organizations (ACOs); ICD-10; and pay-for-performance models.
North America, especially the U.S. market will show the greatest potential in the near future as there is still a wide scope of adoption of BI tools. The next opportunistic market is Asia with increasing adoption of HCIT, and hence BI tools. In Japan, various favorable government initiatives are focusing on strengthening healthcare services such as the e-Japan policy, new IT reform strategy, and Japan Strategy 2015. The healthcare IT expenditure in China grew from $135 billion in 2006 to $250 billion in 2010. In addition, the Indian government annually spends approximately 5% of its GDP on the healthcare sector and has approved 100% foreign direct investment (FDI) for setting up hospitals in India since 2000. Also, it is among the leading IT outsourcing and medical tourism destinations. All the above mentioned factors contribute to the potential growth opportunity of the healthcare BI market.
Apart from the comprehensive geographic and product analysis and market sizing, the report also provides competitive landscape that covers the growth strategies adopted by industry players in the last three years. In addition, the company profiles comprise the basic views on the key players in the healthcare BI market and the product portfolios, developments, and strategies adopted by market players to maintain and increase their market shares in the near future. The above-mentioned market research data, current market size, and forecast of future trends will help the key players and new entrants to make the necessary decisions regarding product offerings, geographic focus, change in strategic approach, R&D investments for innovations in products and technologies, and levels of output in order to remain successful. Request a Sample at http://www.reportsnreports.com/contacts/RequestSample.aspx?name=285672.
Reasons to Buy the Report:
The report will enable both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help the firms in gaining a better market position and share. Firms purchasing the report could use any one or a combination of the below mentioned five strategies (market penetration, product development/innovation, market development, market diversification, and competitive assessment) for strengthening their market shares.
The report provides insights on the following pointers:
Market Penetration: Comprehensive information on product portfolios of top players in the healthcare BI market. The report analyzes the healthcare BI market by function, application, technology, and end user across geographies
Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the healthcare BI market
Competitive Assessment: In-depth assessment of market strategies, geographic and business segments, and product portfolios of leading players in the healthcare BI market
Market Development: Comprehensive information about the lucrative emerging markets. The report analyzes the market for various healthcare BI products across geographies
Market Diversification: Exhaustive information about new products and services, untapped geographies, recent developments, and investments in the healthcare BI market
Buy a copy of this report at http://www.reportsnreports.com/Purchase.aspx?name=285672. Also, inquire for DISCOUNT at http://www.reportsnreports.com/contacts/Discount.aspx?name=285672.
Table Of Contents
2 Executive Summary
3 Premium Insights
4 Market Overview
5 Global Healthcare Business Intelligence (BI) Market, By Function
6 Global Healthcare Business Intelligence (BI) Market, By Application
7 Global Healthcare Business Intelligence (BI) Market, By Technology
8 Global Healthcare Business Intelligence (BI) Market, By End User
9 Geographical Analysis
10 Company Profiles (Business Overview, Services, Key Strategy, & Recent Developments)*
List of Tables
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