Global Opportunities of Healthcare Business Intelligence Market
The growth of this market is mainly driven by the implementation of government initiatives to increase EHR adoption, growing adoption of data-driven decision-making, growing pressure to curb healthcare spending and improve patient outcomes, big data in healthcare, and the increasing number of patient registries.
Healthcare Business Intelligence Market is expected to reach USD 8.9 billion by 2023 from USD 4.4 billion in 2018, at a CAGR of 15.3% during the forecast period.
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Top Key Players
The Healthcare Business Intelligence Market is highly competitive, with the presence of both large and small players. 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) are some of the leading payers in Healthcare Business Intelligence Market.
Recent Developments
- In 2018, Oracle acquired Zenedge (US) to secure critical IT systems deployed via cloud, on-premise, or hybrid hosting environments with the help of Zenedge.
- In 2018, SAS entered into an agreement with Deloitte (Canada) to support their existing strategic alliance that will leverage their combined expertise to introduce lower-risk and higher-quality outcomes in the insurance marketplace.
- In 2017, Microsoft partnered with SAP SE (Germany) to drive more business innovation in the cloud and provide joint support services to ensure the best cloud experience for customers.
