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United States Healthcare Big Data Analytics Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

Market Overview:

The United States healthcare big data analytics market is currently witnessing strong growth. Big data analytics is a set of predictive models and statistical algorithms that are processed by data scientists and machine learning algorithms. It helps identify geographic markets with high growth potential by providing information about the needs and preferences of physicians and patients. In the United States, a large amount of data is generated in the healthcare industry driven by patient care, record keeping, and compliance and regulatory requirements. Along with this, the rise in value-based care and rapid digitalization of healthcare information has prompted healthcare providers across the country to shift toward big data analytics for making strategic decisions.

The United States healthcare big data analytics market is primarily driven by the need to eliminate incidences relating to adverse drug events (ADEs), as big data analytics help identify fatal prescription errors before they occur. Additionally, the growing adoption of electronic health records (EHR), along with the ever-increasing federal healthcare mandates to minimize healthcare costs, is propelling the growth of the market. Furthermore, the government is undertaking several initiatives to focus on personalized medicine, health management and value-added reimbursements. On account of this, organizations in the industry are leveraging big data analytics to reduce inefficiencies in clinical operations, research and development, and public healthcare. Moreover, hospitals and health systems in the United States have leveraged predictive models to gain insight into the coronavirus disease (COVID-19) outcomes, which, in turn, is driving the growth of the market. As a result of these factors, the market is expected to continue growing at a strong rate during the forecast period (2020-2025).

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the United States healthcare big data analytics market report, along with forecasts for growth at the region level from 2020-2025. Our report has categorized the market based on region, component, analytics type, delivery model, application and end user.

Breakup by Component:

  • Services
  • Software
    • Electronic Health Record Software
    • Practice Management
    • Workforce Management
  • Hardware
    • Data Storage
    • Routers
    • Firewalls
    • Virtual Private Networks
    • E-Mail Servers
    • Others
       

Breakup by Analytics Type:

  • Descriptive Analytics
  • Predictive Analytics
  • Prescriptive Analytics
  • Cognitive Analytics
     

Breakup by Delivery Model:

  • On-Premise Delivery Model
  • On-Demand Delivery Model
     

Breakup by Application:

  • Financial Analytics
  • Clinical Analytics
  • Operational Analytics
  • Others
     

Breakup by End User:

  • Hospitals and Clinics
  • Finance and Insurance Agencies
  • Research Organizations
     

Breakup by Region:

  • Northeast
  • Midwest
  • South
  • West
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key Questions Answered in This Report:

  • How has the United States healthcare big data analytics market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the United States healthcare big data analytics market?
  • What are the key regional markets?
  • What is the breakup of the market based on the component?
  • What is the breakup of the market based on the analytics type?
  • What is the breakup of the market based on the delivery model?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the end user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the United States healthcare big data analytics market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology 

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    United States Healthcare Big Data Analytics Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Component
    6.1    Services
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Software
        6.2.1 Market Trends
        6.2.2 Major Types
           6.2.2.1 Electronic Health Record Software
           6.2.2.2 Practice Management
           6.2.2.3 Workforce Management
        6.2.3 Market Forecast
    6.3    Hardware
        6.3.1 Market Trends
        6.3.2 Major Types
           6.3.2.1 Data Storage
           6.3.2.2 Routers
           6.3.2.3 Firewalls
           6.3.2.4 Virtual Private Networks
           6.3.2.5 E-Mail Servers
           6.3.2.6 Others
        6.3.3 Market Forecast
7    Market Breakup by Analytics Type
    7.1    Descriptive Analytics
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Predictive Analytics
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Prescriptive Analytics
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Cognitive Analytics
        7.4.1 Market Trends
        7.4.2 Market Forecast
8    Market Breakup by Delivery Model
    8.1    On-Premise Delivery Model
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    On-Demand Delivery Model
        8.2.1 Market Trends
        8.2.2 Market Forecast
9    Market Breakup by Application
    9.1    Financial Analytics
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Clinical Analytics
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Operational Analytics
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Others
        9.4.1 Market Trends
        9.4.2 Market Forecast
10    Market Breakup by End User
    10.1    Hospitals and Clinics
        10.1.1 Market Trends
        10.1.2 Market Forecast
    10.2    Finance and Insurance Agencies
        10.2.1 Market Trends
        10.2.2 Market Forecast
    10.3    Research Organizations
        10.3.1 Market Trends
        10.3.2 Market Forecast
11    Market Breakup by Region
    11.1    Northeast 
        11.1.1 Market Trends
        11.1.2 Market Forecast
    11.2    Midwest
        11.2.1 Market Trends
        11.2.2 Market Forecast
    11.3    South
        11.3.1 Market Trends
        11.3.2 Market Forecast
    11.4    West
        11.4.1 Market Trends
        11.4.2 Market Forecast
12    SWOT Analysis
    12.1    Overview
    12.2    Strengths
    12.3    Weaknesses
    12.4    Opportunities
    12.5    Threats
13    Value Chain Analysis
14    Porters Five Forces Analysis

    14.1    Overview
    14.2    Bargaining Power of Buyers
    14.3    Bargaining Power of Suppliers
    14.4    Degree of Competition
    14.5    Threat of New Entrants
    14.6    Threat of Substitutes
15    Price Analysis
16    Policy and Regulatory Landscape
17    Competitive Landscape

    17.1    Market Structure
    17.2    Key Players
    17.3    Profiles of Key Players

List of Figures

Figure 1: United States: Healthcare Big Data Analytics Market: Major Drivers and Challenges
Figure 2: United States: Healthcare Big Data Analytics Market: Sales Value (in Million US$), 2014-2019
Figure 3: United States: Healthcare Big Data Analytics Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 4: United States: Healthcare Big Data Analytics Market: Breakup by Component (in %), 2019
Figure 5: United States: Healthcare Big Data Analytics Market: Breakup by Analytics Type (in %), 2019
Figure 6: United States: Healthcare Big Data Analytics Market: Breakup by Delivery Model (in %), 2019
Figure 7: United States: Healthcare Big Data Analytics Market: Breakup by Application (in %), 2019
Figure 8: United States: Healthcare Big Data Analytics Market: Breakup by End User (in %), 2019
Figure 9: United States: Healthcare Big Data Analytics Market: Breakup by Region (in %), 2019
Figure 10: United States: Healthcare Big Data Analytics (Services) Market: Sales Value (in Million US$), 2014 & 2019
Figure 11: United States: Healthcare Big Data Analytics (Services) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 12: United States: Healthcare Big Data Analytics (Software) Market: Sales Value (in Million US$), 2014 & 2019
Figure 13: United States: Healthcare Big Data Analytics (Software) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 14: United States: Healthcare Big Data Analytics (Hardware) Market: Sales Value (in Million US$), 2014 & 2019
Figure 15: United States: Healthcare Big Data Analytics (Hardware) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 16: United States: Healthcare Big Data Analytics (Descriptive Analytics) Market: Sales Value (in Million US$), 2014 & 2019
Figure 17: United States: Healthcare Big Data Analytics (Descriptive Analytics) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 18: United States: Healthcare Big Data Analytics (Predictive Analytics) Market: Sales Value (in Million US$), 2014 & 2019
Figure 19: United States: Healthcare Big Data Analytics (Predictive Analytics) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 20: United States: Healthcare Big Data Analytics (Prescriptive Analytics) Market: Sales Value (in Million US$), 2014 & 2019
Figure 21: United States: Healthcare Big Data Analytics (Prescriptive Analytics) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 22: United States: Healthcare Big Data Analytics (Cognitive Analytics) Market: Sales Value (in Million US$), 2014 & 2019
Figure 23: United States: Healthcare Big Data Analytics (Cognitive Analytics) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 24: United States: Healthcare Big Data Analytics (On-Premise Delivery Model) Market: Sales Value (in Million US$), 2014 & 2019
Figure 25: United States: Healthcare Big Data Analytics (On-Premise Delivery Model) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 26: United States: Healthcare Big Data Analytics (On-Demand Delivery Model) Market: Sales Value (in Million US$), 2014 & 2019
Figure 27: United States: Healthcare Big Data Analytics (On-Demand Delivery Model) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 28: United States: Healthcare Big Data Analytics (Financial Analytics) Market: Sales Value (in Million US$), 2014 & 2019
Figure 29: United States: Healthcare Big Data Analytics (Financial Analytics) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 30: United States: Healthcare Big Data Analytics (Clinical Analytics) Market: Sales Value (in Million US$), 2014 & 2019
Figure 31: United States: Healthcare Big Data Analytics (Clinical Analytics) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 32: United States: Healthcare Big Data Analytics (Operational Analytics) Market: Sales Value (in Million US$), 2014 & 2019
Figure 33: United States: Healthcare Big Data Analytics (Operational Analytics) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 34: United States: Healthcare Big Data Analytics (Other Applications) Market: Sales Value (in Million US$), 2014 & 2019
Figure 35: United States: Healthcare Big Data Analytics (Other Applications) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 36: United States: Healthcare Big Data Analytics (Hospitals and Clinics) Market: Sales Value (in Million US$), 2014 & 2019
Figure 37: United States: Healthcare Big Data Analytics (Hospitals and Clinics) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 38: United States: Healthcare Big Data Analytics (Finance and Insurance Agencies) Market: Sales Value (in Million US$), 2014 & 2019
Figure 39: United States: Healthcare Big Data Analytics (Finance and Insurance Agencies) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 40: United States: Healthcare Big Data Analytics (Research Organizations) Market: Sales Value (in Million US$), 2014 & 2019
Figure 41: United States: Healthcare Big Data Analytics (Research Organizations) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 42: Northeast: Healthcare Big Data Analytics Market: Sales Value (in Million US$), 2014 & 2019
Figure 43: Northeast: Healthcare Big Data Analytics Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 44: Midwest: Healthcare Big Data Analytics Market: Sales Value (in Million US$), 2014 & 2019
Figure 45: Midwest: Healthcare Big Data Analytics Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 46: South: Healthcare Big Data Analytics Market: Sales Value (in Million US$), 2014 & 2019
Figure 47: South: Healthcare Big Data Analytics Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 48: West: Healthcare Big Data Analytics Market: Sales Value (in Million US$), 2014 & 2019
Figure 49: West: Healthcare Big Data Analytics Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 50: United States: Healthcare Big Data Analytics Industry: SWOT Analysis
Figure 51: United States: Healthcare Big Data Analytics Industry: Value Chain Analysis
Figure 52: United States: Healthcare Big Data Analytics Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: United States: Healthcare Big Data Analytics Market: Key Industry Highlights, 2019 and 2025
Table 2: United States: Healthcare Big Data Analytics Market Forecast: Breakup by Component (in Million US$), 2020-2025
Table 3: United States: Healthcare Big Data Analytics Market Forecast: Breakup by Analytics Type (in Million US$), 2020-2025
Table 4: United States: Healthcare Big Data Analytics Market Forecast: Breakup by Delivery Model (in Million US$), 2020-2025
Table 5: United States: Healthcare Big Data Analytics Market Forecast: Breakup Application (in Million US$), 2020-2025
Table 6: United States: Healthcare Big Data Analytics Market Forecast: Breakup End User (in Million US$), 2020-2025
Table 7: United States: Healthcare Big Data Analytics Market Forecast: Breakup by Region (in Million US$), 2020-2025
Table 8: United States: Healthcare Big Data Analytics Market: Competitive Structure
Table 9: United States: Healthcare Big Data Analytics Market: Key Players

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