Title: Healthcare Business Intelligence Market Size, Share, Demand, Report, Forecast 2024-2032
1Global Healthcare Business Intelligence Market
Research and Forecast Report 2024-2032
2023 IMARC All Rights Reserved
2About IMARC Group
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procurement strategies.
3Report Highlight and Description
- According to the latest report by IMARC Group,
titled "Healthcare Business Intelligence Market
Industry Trends, Share, Size, Growth, Opportunity
and Forecast 2024-2032," The global healthcare
business intelligence market size reached US 9.0
Billion in 2023. - Rapid Technological Advancements in Data
Analytics and Artificial Intelligence (AI) - The burgeoning integration of AI with business
intelligence tools that enable healthcare
organizations to process vast amounts of data
more efficiently and derive actionable insights
is creating a positive outlook for the market
growth. AI algorithms can identify patterns and
trends in patient data, predict potential health
outcomes, and recommend personalized treatment
plans. Additionally, the rising employment of
machine learning (ML) models to optimize
operational workflows, enhance decision-making
processes, and improve overall patient care
quality is contributing to the market growth.
Apart from this, the development of advanced data
visualization tools that aid in presenting
complex data in an understandable and accessible
format is driving the market growth. - Rising Demand for Data-Driven Decision Making
- The growing emphasis on data-driven
decision-making processes in healthcare is
another significant factor propelling the market
growth. In line with this, the increasing
recognition among healthcare providers and
organizations about the value of leveraging data
to enhance clinical and operational outcomes is
fueling the market growth.
4Report Highlight and Description
- Moreover, the rising ability of healthcare
institutions to analyze patient data to improve
care delivery, streamline administrative
processes, and reduce costs by utilizing business
intelligence tools is enhancing the market
growth. These tools also enable the monitoring of
key performance indicators, ensuring compliance
with regulatory standards and identifying areas
for improvement. - Increasing Adoption of Electronic Health Records
(EHRs) - The widespread adoption of electronic health
records (EHRs) is a pivotal driver boosting the
market growth. EHRs have revolutionized the way
patient information is collected, stored, and
utilized, providing a rich source of data for
analysis. In line with this, business
intelligence tools are essential in extracting
valuable insights from EHR data, enabling
healthcare providers to improve patient outcomes,
enhance operational efficiency, and ensure
regulatory compliance. Moreover, the burgeoning
integration of EHRs with business intelligence
systems, as it allows for real-time data
analysis, facilitating prompt and informed
decision-making, is favoring the market growth. - Looking forward, IMARC Group expects the market
to reach US 27.4 Billion by 2032, exhibiting a
growth rate (CAGR) of 13.1 during 2024-2032. - Request for a PDF sample of this report
- https//www.imarcgroup.com/healthcare-business-int
elligence-market/requestsample
5Report Description
- Global Healthcare Business Intelligence Market
Trends - The increasing utilization of predictive and
prescriptive analytics as it enables healthcare
providers to forecast future trends, patient
outcomes, and potential risks, allowing for
proactive intervention and improved care
management, is fueling the market growth. Along
with this, the growing focus on personalized
medicine, driving the demand for business
intelligence tools that can analyze genetic,
lifestyle, and environmental data to tailor
treatments to individual patients, is fostering
the market growth. - Moreover, the proliferation of wearable devices
and the Internet of Things (IoT) technology that
generates a wealth of real-time health data that
can be leveraged for continuous patient
monitoring and early detection of health issues
is enhancing the market growth. - View Report TOC, Figures and Tables
https//www.imarcgroup.com/healthcare-business-int
elligence-market
6Report Segmentation
- Breakup by Component
- Software
- Services
- Platform
- Breakup by Function
- OLAP and Visualization
- Query and Reporting
- Performance Management
- Breakup by Deployment Mode
- On-premises
- Cloud-based
- Hybrid
7Report Segmentation
- Breakup by Application
- Financial Analysis
- Operational Analysis
- Clinical Analysis
- Breakup by End User
- Healthcare Manufacturers
- Healthcare Providers
- Payers
- Others
8Report Segmentation
- Breakup by Region
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia,
Indonesia, South Korea, Others) - Europe (Germany, France, United Kingdom, Italy,
Spain, Russia, Others) - Latin America (Brazil, Mexico, Others)
- Middle East and Africa
9Competitive Landscape
- Cloud Software Group Inc.
- Domo Inc.
- Infor (Koch Industries Inc.)
- International Business Machines Corporation
- Microsoft Corporation
- MicroStrategy Incorporated
- Oracle Corporation
- Panorama Software
- QlikTech International AB
- Salesforce Inc.
- SAP SE
- Sisense Ltd.
10Key Questions Answered in the Report
11Key Questions Answered in the Report
12Key Questions Answered in the Report
13Table of Contents
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 Global
Healthcare Business Intelligence Market -
Introduction 4.1 Overview 4.2 Market Dynamics 4.3
Industry Trends 4.4 Competitive Intelligence 5
Global Healthcare Business Intelligence Market
Landscape 5.1 Historical and Current Market
Trends (2018-2023) 5.2 Market Forecast
(2024-2032) 6 Global Healthcare Business
Intelligence Market - Breakup by Component 6.1
Software 6.1.1 Overview 6.1.2 Historical and
Current Market Trends (2018-2023)
14Table of Contents
6.1.3 Market Segmentation 6.1.4 Market Forecast
(2024-2032) 6.2 Services 6.2.1 Overview 6.2.2
Historical and Current Market Trends
(2018-2023) 6.2.3 Market Segmentation 6.2.4
Market Forecast (2024-2032) 6.3 Platform 6.3.1
Overview 6.3.2 Historical and Current Market
Trends (2018-2023) 6.3.3 Market
Segmentation 6.3.4 Market Forecast
(2024-2032) 6.4 Attractive Investment Proposition
by Component 7 Global Healthcare Business
Intelligence Market - Breakup by Function 7.1
OLAP and Visualization 7.1.1 Overview 7.1.2
Historical and Current Market Trends
(2018-2023) 7.1.3 Market Segmentation 7.1.4
Market Forecast (2024-2032) 7.2 Query and
Reporting 7.2.1 Overview 7.2.2 Historical and
Current Market Trends (2018-2023) 7.2.3 Market
Segmentation 7.2.4 Market Forecast
(2024-2032) 7.3 Performance Management 7.3.1
Overview 7.3.2 Historical and Current Market
Trends (2018-2023) 7.3.3 Market
Segmentation 7.3.4 Market Forecast
(2024-2032) 7.4 Attractive Investment Proposition
by Function
15Table of Contents
8 Global Healthcare Business Intelligence Market
- Breakup by Deployment Mode 8.1 On-premises
8.1.1 Overview 8.1.2 Historical and Current
Market Trends (2018-2023) 8.1.3 Market
Segmentation 8.1.4 Market Forecast
(2024-2032) 8.2 Cloud-based 8.2.1 Overview 8.2.2
Historical and Current Market Trends
(2018-2023) 8.2.3 Market Segmentation 8.2.4
Market Forecast (2024-2032) 8.3 Hybrid 8.3.1
Overview 8.3.2 Historical and Current Market
Trends (2018-2023) 8.3.3 Market
Segmentation 8.3.4 Market Forecast
(2024-2032) 8.4 Attractive Investment Proposition
by Deployment Mode 9 Global Healthcare Business
Intelligence Market - Breakup by Application 9.1
Financial Analysis 9.1.1 Overview 9.1.2
Historical and Current Market Trends
(2018-2023) 9.1.3 Market Segmentation 9.1.4
Market Forecast (2024-2032) 9.2 Operational
Analysis 9.2.1 Overview 9.2.2 Historical and
Current Market Trends (2018-2023) 9.2.3 Market
Segmentation 9.2.4 Market Forecast
(2024-2032) 9.3 Clinical Analysis
16Table of Contents
9.3.1 Overview 9.3.2 Historical and Current
Market Trends (2018-2023) 9.3.3 Market
Segmentation 9.3.4 Market Forecast
(2024-2032) 9.4 Attractive Investment Proposition
by Application 10 Global Healthcare Business
Intelligence Market - Breakup by End User 10.1
Healthcare Manufacturers 10.1.1 Overview 10.1.2
Historical and Current Market Trends
(2018-2023) 10.1.3 Market Segmentation 10.1.4
Market Forecast (2024-2032) 10.2 Healthcare
Providers 10.2.1 Overview 10.2.2 Historical and
Current Market Trends (2018-2023) 10.2.3 Market
Segmentation 10.2.4 Market Forecast
(2024-2032) 10.3 Payers 10.3.1 Overview 10.3.2
Historical and Current Market Trends
(2018-2023) 10.3.3 Market Segmentation 10.3.4
Market Forecast (2024-2032) 10.4 Others 10.4.1
Historical and Current Market Trends
(2018-2023) 10.4.2 Market Forecast
(2024-2032) 10.5 Attractive Investment
Proposition by End User 11 Global Healthcare
Business Intelligence Market Breakup by
Region 11.1 North America 11.1.1 United
States 11.1.1.1 Market Drivers
17Table of Contents
11.1.1.2 Historical and Current Market Trends
(2018-2023) 11.1.1.3 Market Breakup by
Component 11.1.1.4 Market Breakup by
Function 11.1.1.5 Market Breakup by Deployment
Mode 11.1.1.6 Market Breakup by
Application 11.1.1.7 Market Breakup by End
User 11.1.1.8 Key Players 11.1.1.9 Market
Forecast (2024-2032) 11.1.2 Canada 11.1.2.1
Market Drivers 11.1.2.2 Historical and Current
Market Trends (2018-2023) 11.1.2.3 Market Breakup
by Component 11.1.2.4 Market Breakup by
Function 11.1.2.5 Market Breakup by Deployment
Mode 11.1.2.6 Market Breakup by
Application 11.1.2.7 Market Breakup by End
User 11.1.2.8 Key Players 11.1.2.9 Market
Forecast (2024-2032) 11.2 Europe 11.2.1
Germany 11.2.1.1 Market Drivers 11.2.1.2
Historical and Current Market Trends
(2018-2023) 11.2.1.3 Market Breakup by
Component 11.2.1.4 Market Breakup by
Function 11.2.1.5 Market Breakup by Deployment
Mode 11.2.1.6 Market Breakup by
Application 11.2.1.7 Market Breakup by End
User 11.2.1.8 Key Players 11.2.1.9 Market
Forecast (2024-2032) 11.2.2 France 11.2.2.1
Market Drivers
18Table of Contents
11.2.2.2 Historical and Current Market Trends
(2018-2023) 11.2.2.3 Market Breakup by
Component 11.2.2.4 Market Breakup by
Function 11.2.2.5 Market Breakup by Deployment
Mode 11.2.2.6 Market Breakup by
Application 11.2.3.7 Market Breakup by End
User 11.2.2.8 Key Players 11.2.2.9 Market
Forecast (2024-2032) 11.2.3 United
Kingdom 11.2.3.1 Market Drivers 11.2.3.2
Historical and Current Market Trends
(2018-2023) 11.2.3.3 Market Breakup by
Component 11.2.3.4 Market Breakup by
Function 11.2.3.5 Market Breakup by Deployment
Mode 11.2.3.6 Market Breakup by
Application 11.2.3.7 Market Breakup by End
User 11.2.3.8 Key Players 11.2.3.9 Market
Forecast (2024-2032) 11.2.4 Italy 11.2.4.1 Market
Drivers 11.2.4.2 Historical and Current Market
Trends (2018-2023) 11.2.4.3 Market Breakup by
Component 11.2.4.4 Market Breakup by
Function 11.2.4.5 Market Breakup by Deployment
Mode 11.2.4.6 Market Breakup by
Application 11.2.4.7 Market Breakup by End
User 11.2.4.8 Key Players 11.2.4.9 Market
Forecast (2024-2032) 11.2.5 Spain
19Table of Contents
11.2.5.1 Market Drivers 11.2.5.2 Historical and
Current Market Trends (2018-2023) 11.2.5.3 Market
Breakup by Component 11.2.5.4 Market Breakup by
Function 11.2.5.5 Market Breakup by Deployment
Mode 11.2.5.6 Market Breakup by
Application 11.2.5.7 Market Breakup by End
User 11.2.5.8 Key Players 11.2.5.9 Market
Forecast (2024-2032) 11.2.6 Others 11.2.6.1
Historical and Current Market Trends
(2018-2023) 11.2.6.2 Market Forecast
(2024-2032) 11.3 Asia Pacific 11.3.1
China 11.3.1.1 Market Drivers 11.3.1.2 Historical
and Current Market Trends (2018-2023) 11.3.1.3
Market Breakup by Component 11.3.1.4 Market
Breakup by Function 11.3.1.5 Market Breakup by
Deployment Mode 11.3.1.6 Market Breakup by
Application 11.3.1.7 Market Breakup by End
User 11.3.1.8 Key Players 11.3.1.9 Market
Forecast (2024-2032) 11.3.2 Japan 11.3.2.1 Market
Drivers 11.3.2.2 Historical and Current Market
Trends (2018-2023) 11.3.2.3 Market Breakup by
Component 11.3.2.4 Market Breakup by
Function 11.3.2.5 Market Breakup by Deployment
Mode 11.3.2.6 Market Breakup by
Application 11.3.2.7 Market Breakup by End
User 11.3.2.8 Key Players
20Table of Contents
11.3.2.9 Market Forecast (2024-2032) 11.3.3
India 11.3.3.1 Market Drivers 11.3.3.2 Historical
and Current Market Trends (2018-2023) 11.3.3.3
Market Breakup by Component 11.3.3.4 Market
Breakup by Function 11.3.3.5 Market Breakup by
Deployment Mode 11.3.3.6 Market Breakup by
Application 11.3.3.7 Market Breakup by End
User 11.3.3.8 Key Players 11.3.3.9 Market
Forecast (2024-2032) 11.3.4 South Korea 11.3.4.1
Market Drivers 11.3.4.2 Historical and Current
Market Trends (2018-2023) 11.3.4.3 Market Breakup
by Component 11.3.4.4 Market Breakup by
Function 11.3.4.5 Market Breakup by Deployment
Mode 11.3.4.6 Market Breakup by
Application 11.3.4.7 Market Breakup by End
User 11.3.4.8 Key Players 11.3.4.9 Market
Forecast (2024-2032) 11.3.5 Australia 11.3.5.1
Market Drivers 11.3.5.2 Historical and Current
Market Trends (2018-2023) 11.3.5.3 Market Breakup
by Component 11.3.5.4 Market Breakup by
Function 11.3.5.5 Market Breakup by Deployment
Mode 11.3.5.6 Market Breakup by
Application 11.3.5.7 Market Breakup by End User
21Table of Contents
11.3.5.8 Key Players 11.3.5.9 Market Forecast
(2024-2032) 11.3.6 Indonesia 11.3.6.1 Market
Drivers 11.3.6.2 Historical and Current Market
Trends (2018-2023) 11.3.6.3 Market Breakup by
Component 11.3.6.4 Market Breakup by
Function 11.3.6.5 Market Breakup by Deployment
Mode 11.3.6.6 Market Breakup by
Application 11.3.6.7 Market Breakup by End
User 11.3.6.8 Key Players 11.3.6.9 Market
Forecast (2024-2032) 11.3.7 Others 11.3.7.1
Historical and Current Market Trends
(2018-2023) 11.3.7.2 Market Forecast
(2024-2032) 11.4 Latin America 11.4.1
Brazil 11.4.1.1 Market Drivers 11.4.1.2
Historical and Current Market Trends
(2018-2023) 11.4.1.3 Market Breakup by
Component 11.4.1.4 Market Breakup by
Function 11.4.1.5 Market Breakup by Deployment
Mode 11.4.1.6 Market Breakup by
Application 11.4.1.7 Market Breakup by End
User 11.4.1.8 Key Players 11.4.1.9 Market
Forecast (2024-2032) 11.4.2 Mexico 11.4.2.1
Market Drivers 11.4.2.2 Historical and Current
Market Trends (2018-2023)
22Table of Contents
11.4.2.3 Market Breakup by Component 11.4.2.4
Market Breakup by Function 11.4.2.5 Market
Breakup by Deployment Mode 11.4.2.6 Market
Breakup by Application 11.4.2.7 Market Breakup by
End User 11.4.2.8 Key Players 11.4.2.9 Market
Forecast (2024-2032) 11.4.3 Others 11.4.3.1
Historical and Current Market Trends
(2018-2023) 11.4.3.2 Market Forecast
(2024-2032) 11.5 Middle East and Africa 11.5.1
Market Drivers 11.5.2 Historical and Current
Market Trends (2018-2023) 11.5.3 Market Breakup
by Component 11.5.4 Market Breakup by
Function 11.5.5 Market Breakup by Deployment
Mode 11.5.6 Market Breakup by Application 11.5.7
Market Breakup by End User 11.5.8 Market Breakup
by Country 11.5.9 Key Players 11.5.10 Market
Forecast (2024-2032) 11.6 Attractive Investment
Proposition by Region 12 Global Healthcare
Business Intelligence Market Competitive
Landscape 12.1 Overview 12.2 Market
Structure 12.3 Market Share by Key Players 12.4
Market Player Positioning 12.5 Top Winning
Strategies 12.6 Competitive Dashboard 12.7
Company Evaluation Quadrant
23Table of Contents
13 Profiles of Key Players 13.1 Cloud Software
Group Inc. 13.1.1 Business Overview 13.1.2
Services Offered 13.1.3 Business
Strategies 13.1.4 Financials 13.1.5 SWOT
Analysis 13.1.6 Major News and Events 13.2 Domo
Inc. 13.2.1 Business Overview 13.2.2 Services
Offered 13.2.3 Business Strategies 13.2.4 SWOT
Analysis 13.2.5 Major News and Events 13.3 Infor
(Koch Industries Inc.) 13.3.1 Business
Overview 13.3.2 Services Offered 13.3.3 Business
Strategies 13.3.4 SWOT Analysis 13.3.5 Major News
and Events 13.4 International Business Machines
Corporation 13.4.1 Business Overview 13.4.2
Services Offered 13.4.3 Business
Strategies 13.4.4 SWOT Analysis 13.4.5 Major News
and Events 13.5 Microsoft Corporation 13.5.1
Business Overview 13.5.2 Services Offered 13.5.3
Business Strategies 13.5.4 SWOT Analysis 13.5.5
Major News and Events
24Table of Contents
13.6 MicroStrategy Incorporated 13.6.1 Business
Overview 13.6.2 Services Offered 13.6.3 Business
Strategies 13.6.4 SWOT Analysis 13.6.5 Major News
and Events 13.7 Oracle Corporation 13.7.1
Business Overview 13.7.2 Services Offered 13.7.3
Business Strategies 13.7.4 Financials 13.7.5 SWOT
Analysis 13.7.6 Major News and Events 13.8
Panorama Software 13.8.1 Business Overview 13.8.2
Services Offered 13.8.3 Business
Strategies 13.8.4 SWOT Analysis 13.8.5 Major News
and Events 13.9 QlikTech International AB 13.9.1
Business Overview 13.9.2 Services Offered 13.9.3
Business Strategies 13.9.4 Financials 13.9.5 SWOT
Analysis 13.9.6 Major News and Events 13.10
Salesforce Inc. 13.10.1 Business Overview 13.10.2
Services Offered 13.10.3 Business
Strategies 13.10.4 Financials 13.10.5 SWOT
Analysis
25Table of Contents
13.10.6 Major News and Events 13.11 SAP
SE 13.11.1 Business Overview 13.11.2 Services
Offered 13.11.3 Business Strategies 13.11.4
Financials 13.11.5 SWOT Analysis 13.11.6 Major
News and Events 13.12 Sisense Ltd. 13.12.1
Business Overview 13.12.2 Services
Offered 13.12.3 Business Strategies 13.12.4
Financials 13.12.5 SWOT Analysis 13.12.6 Major
News and Events 14 Global Healthcare Business
Intelligence Market - Industry Analysis 14.1
Drivers, Restraints, and Opportunities 14.1.1
Overview 14.1.2 Drivers 14.1.3
Restraints 14.1.4 Opportunities 14.1.5
Impact Analysis 14.2 Porters Five Forces
Analysis 14.2.1 Overview 14.2.2 Bargaining
Power of Buyers 14.2.3 Bargaining Power of
Suppliers 14.2.4 Degree of Competition 14.2.5
Threat of New Entrants 14.2.6 Threat of
Substitutes 14.3 Value Chain Analysis
26Table of Contents
15 Strategic Recommendations 16 Appendix For
more information, visit https//www.imarcgroup.co
m/healthcare-business-intelligence-market/toc
27Partial List of Clients
28Partial List of Clients
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