Healthcare Business Intelligence (BI) Market Research Report 2023 Growth, Recent Trends and Forecast to 2028 by Key Players

Market Research Engine has published a new report titled as

Healthcare Business Intelligence (BI) Market by Component (Platform, Software, Service), Function (OLAP, Performance Management), Application (RCM, Inventory, Strategy Analysis), Deployment Model (Cloud, Hybrid) & End User (Payer, Hospital) Forecast to 2023-2028 -Executive Data Report.

Healthcare business intelligence is a technology-driven process wherein a good range of technologies and methods are employed by healthcare organizations to gather data from all the sources within the unit and arrange it in an easily understandable way for analysis. These solutions help a user to enhance its efficiency and productivity for various applications like financial, patient care, workforce, and administration analysis. A growth in healthcare spending, growing adoption of data-driven, decision-making solutions, and government initiatives to extend EHR adoption are a number of the driving factors of the universal healthcare business intelligence market

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A growing pressure over healthcare organizations to scale back spending and improve patient outcomes, increasing the amount of patient registries to take care of, and strategic initiatives by market players to enhance awareness about advantages related to the healthcare BI solutions further propel the market evolution during the forecast period. BI platforms offer end users data with the interactive graphs that allow the client to directly observe revenues, service rate comparisons, patient care status, patient admission trends, and straightforward access to patient data by gender, age, ER visits without browsing the never-ending information.

Global Healthcare Business Intelligence market is segmented based on the Application as, Financial Analysis, Operational Analysis and Clinical Analysis. On the basis of Component, the global Healthcare Business Intelligence market is segregated as Platforms, Software and Services. Global Healthcare Business Intelligence market is segmented based on the Function as, Query and Reporting, OLAP and Visualization and Performance Managements. On the basis of Deployment Model, the global Healthcare Business Intelligence market is segregated as On-premise Model, Cloud-based Model and Hybrid Model. On the basis of End User as, the global Healthcare Business Intelligence market is segregated as, Payer and Hospital.

Global Healthcare Business Intelligence market report covers various regions including North America, Europe, Asia Pacific, and Rest of World. The regional Healthcare Business Intelligence market is further bifurcated for major countries including U.S., Canada, Germany, UK, France, Italy, China, India, Japan, Brazil, South Africa and others.

Research Methodology:

To calculate the market size, the report considers the revenue generated from the sales of Healthcare Business Intelligence market manufacturers. The revenue generated from the sales of Healthcare Business Intelligence manufacturer has been calculated through primary and secondary research.

The market size estimation also considered leading players revenues as part of triangulation The key players considered Microsoft (US), IBM (US), Oracle (US), SAP SE (Germany), SAS Institute Inc. (US), Tableau Software (US), MicroStrategy Incorporated (US), QlikTech International AB (US), Information Builders (US), Sisense Inc. (US), Yellowfin BI (Australia), and BOARD International (Switzerland). Availability Services among others operating in the Healthcare Business Intelligence market across the globe identified through secondary research and a corresponding detailed analysis of the top vendors in the market. The market size calculation also includes types of segmentation determined using secondary sources and verified through primary sources.

TheHealthcare Business Intelligence Market has been segmented as below:

Healthcare Business Intelligence Market, By Application

• Financial Analysis
  • Claims Processing
  • Revenue Cycle Management
  • Payment Integrity and Fraud, Waste, & Abuse (FWA)
  • Risk Adjustment and Risk Assessment
• Operational Analysis
  • Supply Chain Analysis
  • Workforce Analysis
  • Strategic Analysis
• Clinical Analysis
  • Quality Improvement and Clinical Benchmarking
  • Clinical Decision Support
  • Regulatory Reporting and Compliance
  • Comparative Analytics/Effectiveness
  • Precision Health

Healthcare Business Intelligence Market, By Component

• Platforms
• Software
• Services

Healthcare Business Intelligence Market, By Deployment Model

• On-premise Model
• Cloud-based Model
• Hybrid Model

Healthcare Business Intelligence Market, By Function

• Query and Reporting
• OLAP and Visualization
• Performance Management

Healthcare Business Intelligence Market, By End UserHealthcare Business Intelligence Market, By Region

• North America
• Europe
• Asia Pacific
• Rest of World

Report scope:

The global Healthcare Business Intelligence market report covers detailed study with the underlying influencing factors for the variations in the industry growth trends. The report scope includes market analysis on regional as well as country level.

Reasons to Buy this Report:

• Gain comprehensive insights on the industry trends
• Identify industry opportunities and key growth segments
• Obtain complete market study on the Healthcare Business Intelligence market

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