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Healthcare Business Intelligence Market Size, Trends, Analysis, and Outlook By Component (Software, Services), By Mode of Delivery (On-premises, Cloud-based, Hybrid), By Application (Financial Analysis, Operational Analysis, Clinical Analysis, Patient Care, Deployment, Self-service BI, Corporate BI), By End-User (Payers, Healthcare Providers, Physician Practices, Ambulatory Care Settings, Third-party Administrators (TPAs), Others), by Country, Segment, and Companies, 2024-2032

April 2024 | 205 pages | ID: H3E740F99E36EN
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The global Healthcare Business Intelligence market size is poised to register 14.7% growth from 2024 to 2032, presenting significant growth prospects for companies operating in the industry. The industry study analyzes the global Healthcare Business Intelligence market across By Component (Software, Services), By Mode of Delivery (On-premises, Cloud-based, Hybrid), By Application (Financial Analysis, Operational Analysis, Clinical Analysis, Patient Care, Deployment, Self-service BI, Corporate BI), By End-User (Payers, Healthcare Providers, Physician Practices, Ambulatory Care Settings, Third-party Administrators (TPAs), Others)

The healthcare business intelligence (BI) market is driven by the increasing demand for data-driven decision-making and performance analytics in healthcare, advancements in BI tools and data visualization technologies, and the growing importance of value-based care and population health management. By 2030, the market is poised to witness steady growth, driven by innovations in data analytics platforms, predictive modeling algorithms, and healthcare dashboards. Further, expanding applications in clinical analytics, financial analytics, and operational analytics are expected to drive market expansion, enabling healthcare providers, payers, and accountable care organizations (ACOs) to leverage data insights, optimize care delivery, and improve outcomes through BI solutions that offer data integration, analytics automation, and actionable insights for informed decision-making and performance improvement in healthcare management and administration.

Healthcare Business Intelligence Market Drivers, Trends, Opportunities, and Growth Opportunities

This comprehensive study discusses the latest trends and the most pressing challenges for industry players and investors. The Healthcare Business Intelligence market research analyses the global market trends, key drivers, challenges, and opportunities in the industry. In addition, the latest Future of Healthcare Business Intelligence survey report provides the market size outlook across types, applications, and other segments across the world and regions. It provides data-driven insights and actionable recommendations for companies in the Healthcare Business Intelligence industry.

Key market trends defining the global Healthcare Business Intelligence demand in 2024 and Beyond

The industry continues to remain an attractive hub for opportunities for both domestic and global vendors. As the market evolves, factors such as emerging market dynamics, demand from end-user sectors, a growing patient base, changes in consumption patterns, and widening distribution channels continue to play a major role.

Healthcare Business Intelligence Market Segmentation- Industry Share, Market Size, and Outlook to 2032

The Healthcare Business Intelligence industry comprises a wide range of segments and sub-segments. The rising demand for these product types and applications is supporting companies to increase their investment levels across niche segments. Accordingly, leading companies plan to generate a large share of their future revenue growth from expansion into these niche segments. The report presents the market size outlook across segments to support Healthcare Business Intelligence companies scaling up production in these sub-segments with a focus on expanding into emerging countries.

Key strategies adopted by companies within the Healthcare Business Intelligence industry

Leading Healthcare Business Intelligence companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions in key regions. Further, companies are leveraging advanced technologies to unlock opportunities and achieve operational excellence. The report provides key strategies opted for by the top 10 Healthcare Business Intelligence companies.

Healthcare Business Intelligence Market Study- Strategic Analysis Review

The Healthcare Business Intelligence market research report dives deep into the qualitative factors shaping the market, empowering you to make informed decisions-
  • Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
  • Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
  • Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
  • Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.
Healthcare Business Intelligence Market Size Outlook- Historic and Forecast Revenue in Three Cases

The Healthcare Business Intelligence industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. Further, with actual data for 2023, the report forecasts the market size outlook from 2024 to 2032 in three case scenarios- low case, reference case, and high case scenarios.

Healthcare Business Intelligence Country Analysis and Revenue Outlook to 2032

The report analyses 22 countries worldwide including the key driving forces and market size outlook from 2021 to 2032. In addition, region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America is included in the study. For each of the six regions, the market size outlook by segments is forecast for 2032.

North America Healthcare Business Intelligence Market Size Outlook- Companies plan for focused investments in a changing environment

The US continues to remain the market leader in North America, driven by a large consumer base, the presence of well-established providers, and a strong healthcare infrastructure. Leading companies focus on new product launches in the changing environment. The US healthcare expenditure is expected to grow to $4.8 trillion in 2024 (around 3.7% growth in 2024), potentially driving demand for various Healthcare Business Intelligence market segments. Similarly, Strong market demand is encouraging Canadian Healthcare Business Intelligence companies to invest in niche segments. Further, as Mexico continues to strengthen its relations and invest in technological advancements, the Mexico Healthcare Business Intelligence market is expected to experience significant expansion, offering lucrative opportunities for both domestic and international stakeholders.

Europe Healthcare Business Intelligence Market Size Outlook-Companies investing in assessing consumers, categories, competitors, and capabilities

The German industry remains the major market for companies in the European Healthcare Business Intelligence industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of vendors in identifying and leveraging new growth prospects positions the European Healthcare Business Intelligence market for an upward trajectory, fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and a keen understanding of consumer preferences.

Asia Pacific Healthcare Business Intelligence Market Size Outlook- an attractive hub for opportunities for both local and global companies

The increasing prevalence of indications, robust healthcare expenditure, and increasing investments in healthcare infrastructure drive the demand for Healthcare Business Intelligence in Asia Pacific. In particular, China, India, and South East Asian Healthcare Business Intelligence markets present a compelling outlook for 2032, acting as a magnet for both domestic and multinational vendors seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major countries in the APAC region.

Latin America Healthcare Business Intelligence Market Size Outlook- Continued urbanization and rising income levels

Rising income levels contribute to greater purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.

Middle East and Africa Healthcare Business Intelligence Market Size Outlook- continues its upward trajectory across segments

Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Healthcare Business Intelligence market potential. Fueled by increasing healthcare expenditure of individuals, growing population, and high prevalence across a few markets drives the demand for Healthcare Business Intelligence.

Healthcare Business Intelligence Market Company Profiles

The global Healthcare Business Intelligence market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. Leading companies included in the study are Domo Inc, Infor Inc, Microsoft Corp, Oracle Corp, Panorama Software Inc, Perficient Inc, SAP SE, Sisense Inc, Tableau Software Inc, TIBCO Software Inc.

Recent Healthcare Business Intelligence Market Developments

The global Healthcare Business Intelligence market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.

Healthcare Business Intelligence Market Report Scope

Parameters: Revenue, Volume Price

Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2032 (Forecast Period)

Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)

Qualitative Analysis
  • Pricing Analysis
  • Value Chain Analysis
  • SWOT Profile
  • Market Dynamics- Trends, Drivers, Challenges
  • Porter’s Five Forces Analysis
  • Macroeconomic Impact Analysis
  • Case Scenarios- Low, Base, High
Market Segmentation:

By Component

Software

Services

By Mode of Delivery

On-premises

Cloud-based

Hybrid

By Application

Financial Analysis

-Claims Processing

-Revenue Cycle Management

-Payment Integrity

-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

Patient Care

Deployment

Self-service BI

Corporate BI

By End-User

Payers

Healthcare Providers

Physician Practices

Ambulatory Care Settings

Third-party Administrators (TPAs)

Others

Geographical Segmentation:
  • North America (3 markets)
  • Europe (6 markets)
  • Asia Pacific (6 markets)
  • Latin America (3 markets)
  • Middle East Africa (5 markets)
Companies

Domo Inc

Infor Inc

Microsoft Corp

Oracle Corp

Panorama Software Inc

Perficient Inc

SAP SE

Sisense Inc

Tableau Software Inc

TIBCO Software Inc

Formats Available: Excel, PDF, and PPT
1. EXECUTIVE SUMMARY

1.1 Healthcare Business Intelligence Market Overview and Key Findings, 2024
1.2 Healthcare Business Intelligence Market Size and Growth Outlook, 2021- 2030
1.3 Healthcare Business Intelligence Market Growth Opportunities to 2030
1.4 Key Healthcare Business Intelligence Market Trends and Challenges
  1.4.1 Healthcare Business Intelligence Market Drivers and Trends
  1.4.2 Healthcare Business Intelligence Market Challenges
1.5 Competitive Landscape and Key Players
1.6 Competitive Analysis- Growth Strategies Adopted by Leading Healthcare Business Intelligence Companies

2. HEALTHCARE BUSINESS INTELLIGENCE MARKET SIZE OUTLOOK TO 2030

2.1 Healthcare Business Intelligence Market Size Outlook, USD Million, 2021- 2030
2.2 Healthcare Business Intelligence Incremental Market Growth Outlook, %, 2021- 2030
2.3 Segment Snapshot, 2024

3. HEALTHCARE BUSINESS INTELLIGENCE MARKET- STRATEGIC ANALYSIS REVIEW

3.1 Porter's Five Forces Analysis
* Threat of New Entrants
* Threat of Substitutes
* Intensity of Competitive Rivalry
* Bargaining Power of Buyers
* Bargaining Power of Suppliers
3.2 Value Chain Analysis
3.3 SWOT Analysis

4. HEALTHCARE BUSINESS INTELLIGENCE MARKET SEGMENTATION ANALYSIS AND OUTLOOK

4.1 Market Segmentation and Scope
4.2 Market Breakdown by Type, Application, and Other Segments, 2021-2030
By Component
Software
Services
By Mode of Delivery
On-premises
Cloud-based
Hybrid
By Application
Financial Analysis
-Claims Processing
-Revenue Cycle Management
-Payment Integrity
-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
Patient Care
Deployment
Self-service BI
Corporate BI
By End-User
Payers
Healthcare Providers
Physician Practices
Ambulatory Care Settings
Third-party Administrators (TPAs)
Others
4.3 Growth Prospects and Niche Opportunities, 2023- 2030
4.4 Regional comparison of Market Growth, CAGR, 2023-2030

5. REGION-WISE MARKET OUTLOOK TO 2030

5.1 Key Findings for Asia Pacific Healthcare Business Intelligence Market, 2025
5.2 Asia Pacific Healthcare Business Intelligence Market Size Outlook by Type, 2021- 2030
5.3 Asia Pacific Healthcare Business Intelligence Market Size Outlook by Application, 2021- 2030
5.4 Key Findings for Europe Healthcare Business Intelligence Market, 2025
5.5 Europe Healthcare Business Intelligence Market Size Outlook by Type, 2021- 2030
5.6 Europe Healthcare Business Intelligence Market Size Outlook by Application, 2021- 2030
5.7 Key Findings for North America Healthcare Business Intelligence Market, 2025
5.8 North America Healthcare Business Intelligence Market Size Outlook by Type, 2021- 2030
5.9 North America Healthcare Business Intelligence Market Size Outlook by Application, 2021- 2030
5.10 Key Findings for South America Healthcare Business Intelligence Market, 2025
5.11 South America Pacific Healthcare Business Intelligence Market Size Outlook by Type, 2021- 2030
5.12 South America Healthcare Business Intelligence Market Size Outlook by Application, 2021- 2030
5.13 Key Findings for Middle East and Africa Healthcare Business Intelligence Market, 2025
5.14 Middle East Africa Healthcare Business Intelligence Market Size Outlook by Type, 2021- 2030
5.15 Middle East Africa Healthcare Business Intelligence Market Size Outlook by Application, 2021- 2030

6. COUNTRY-WISE MARKET SIZE OUTLOOK TO 2030

6.1 US Healthcare Business Intelligence Market Size Outlook and Revenue Growth Forecasts
6.2 US Healthcare Business Intelligence Industry Drivers and Opportunities
6.3 Canada Market Size Outlook and Revenue Growth Forecasts
6.4 Canada Healthcare Business Intelligence Industry Drivers and Opportunities
6.6 Mexico Market Size Outlook and Revenue Growth Forecasts
6.6 Mexico Healthcare Business Intelligence Industry Drivers and Opportunities
6.7 Germany Market Size Outlook and Revenue Growth Forecasts
6.8 Germany Healthcare Business Intelligence Industry Drivers and Opportunities
6.9 France Market Size Outlook and Revenue Growth Forecasts
6.10 France Healthcare Business Intelligence Industry Drivers and Opportunities
6.11 UK Market Size Outlook and Revenue Growth Forecasts
6.12 UK Healthcare Business Intelligence Industry Drivers and Opportunities
6.13 Spain Market Size Outlook and Revenue Growth Forecasts
6.14 Spain Healthcare Business Intelligence Industry Drivers and Opportunities
6.16 Italy Market Size Outlook and Revenue Growth Forecasts
6.16 Italy Healthcare Business Intelligence Industry Drivers and Opportunities
6.17 Rest of Europe Market Size Outlook and Revenue Growth Forecasts
6.18 Rest of Europe Healthcare Business Intelligence Industry Drivers and Opportunities
6.19 China Market Size Outlook and Revenue Growth Forecasts
6.20 China Healthcare Business Intelligence Industry Drivers and Opportunities
6.21 India Market Size Outlook and Revenue Growth Forecasts
6.22 India Healthcare Business Intelligence Industry Drivers and Opportunities
6.23 Japan Market Size Outlook and Revenue Growth Forecasts
6.24 Japan Healthcare Business Intelligence Industry Drivers and Opportunities
6.26 South Korea Market Size Outlook and Revenue Growth Forecasts
6.26 South Korea Healthcare Business Intelligence Industry Drivers and Opportunities
6.27 Australia Market Size Outlook and Revenue Growth Forecasts
6.28 Australia Healthcare Business Intelligence Industry Drivers and Opportunities
6.29 South East Asia Market Size Outlook and Revenue Growth Forecasts
6.30 South East Asia Healthcare Business Intelligence Industry Drivers and Opportunities
6.31 Rest of Asia Pacific Market Size Outlook and Revenue Growth Forecasts
6.32 Rest of Asia Pacific Healthcare Business Intelligence Industry Drivers and Opportunities
6.33 Brazil Market Size Outlook and Revenue Growth Forecasts
6.34 Brazil Healthcare Business Intelligence Industry Drivers and Opportunities
6.36 Argentina Market Size Outlook and Revenue Growth Forecasts
6.36 Argentina Healthcare Business Intelligence Industry Drivers and Opportunities
6.37 Rest of South America Market Size Outlook and Revenue Growth Forecasts
6.38 Rest of South America Healthcare Business Intelligence Industry Drivers and Opportunities
6.39 Middle East Market Size Outlook and Revenue Growth Forecasts
6.40 Middle East Healthcare Business Intelligence Industry Drivers and Opportunities
6.41 Africa Market Size Outlook and Revenue Growth Forecasts
6.42 Africa Healthcare Business Intelligence Industry Drivers and Opportunities

7. HEALTHCARE BUSINESS INTELLIGENCE MARKET OUTLOOK ACROSS SCENARIOS

7.1 Low Growth Case
7.2 Reference Growth Case
7.3 High Growth Case

8. HEALTHCARE BUSINESS INTELLIGENCE COMPANY PROFILES

8.1 Profiles of Leading Healthcare Business Intelligence Companies in the Market
8.2 Business Descriptions, SWOT Analysis, and Growth Strategies
8.3 Financial Performance and Key Metrics
Domo Inc
Infor Inc
Microsoft Corp
Oracle Corp
Panorama Software Inc
Perficient Inc
SAP SE
Sisense Inc
Tableau Software Inc
TIBCO Software Inc.

9. APPENDIX

9.1 Scope of the Report
9.2 Research Methodology and Data Sources
9.3 Glossary of Terms
9.4 Market Definitions
9.5 Contact Information


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