Healthcare Business Intelligence Market Growing at Steady CAGR with Rising Demand – Reported by MarketsandMarkets
(PRWEB) February 05, 2015 -- This report studies the "Healthcare Business Intelligence (BI) Market" and highlights its growth trends and revenue forecasts. According to the report, the market is estimated to grow at a healthy CAGR of 14.8% to reach $4,738.2 million by 2018.
Browse Healthcare Business Intelligence Market through thorough TOC, data tables and figures spread across over 200 report pages.
http://www.marketsandmarkets.com/Market-Reports/healthcare-business-intelligence-market-252368925.html
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Global healthcare sector is changing at a rapid pace. This growth of the medical sector is also driving the demand for business intelligence and healthcare analytics. As a result, more and more organizations are investing in the healthcare business intelligence market. According to this report published by MarketsandMarkets, the industry is expecting steady growth during next few years. This growth is mainly driven by growing interest and rising demand for business intelligence among the healthcare centers and medical institutes.
The report provides detailed analysis of the healthcare business intelligence market through industry segmentation. It segments the market on the basis of the types of functions and their applications. Apart from that, it also provides analysis of the basic technologies and their end-users across different geographic regions.
According to the report, the healthcare payers segment holds the largest share in this market. However, it expects the providers segment to overtake all the other segments in terms of market shares and revenue. This growth of the region is expected to be driven by rising demand from different end-user industries. As per the report, complex systems and lack of trained professionals are expected to hinder the growth of this market during next few years.
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The report profiles and analyzes some of the key players in the healthcare business intelligence market as well. These players include Oracle Corporation (U.S.), TIBCO Software Inc. (U.S.), IBM Corporation (U.S.), SAP AG (Germany), Tableau Software (U.S.), Microsoft Corporation (U.S.), Qlik Technologies, Inc. (U.S.), and such others.
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