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(EMAILWIRE.COM, May 30, 2017 ) As per the syndicated report published by Market Data Forecast, Europe Clinical Data Analytics Market which is estimated to be USD 0.48 billion in 2016 and expected to grow at a CAGR of 43.37%, to reach USD 2.89 billion by 2021 with a cumulative growth rate of USD 2.41 billion in the span of five years. It can attributed to the factors such as population being more focused towards health management lately. Other key factors supporting market growth are supportive government policies, cost benefits and better opportunities to provide high quality services to patients. Some of the challenges and restraints faced by Clinical Data Analytics market include end user market fragmentation, software privacy issues, security issues.
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Clinical data analytics can move the healthcare industry from a subjective, case by case approach to an objective, quantified approach that enables doctors to make better informed decisions. Through this objectivity, caregivers can reduce costs by reducing readmissions, emergency department visits, and wait times. Needless to say, the detailed insight through clinical data breakdown not only drives business by improving clinical outcomes but also affects higher patient satisfaction and improved care. Hospitals and caregivers have already begun investing in clinical data to provide better, well rounded care to their patients. As these hospitals improve healthcare by reducing costs, eliminating readmissions, and raising patient satisfaction, the industry will gather enough momentum to make a huge push for inculcating clinical data analytics in their base strategy.
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Europe Clinical Data Analytics Market is segmented based on deployment model, services, services and end-users below for obtaining a more granular perspective of the market. In the report each sub segment is provided with Market Size Estimations and Y-o-Y Forecasts.
• Deployment Model o Cloud o On-Premise • Services o Consulting o Maintenance • End Use Sector o Pharmaceuticals o Healthcare Providers o Biotechnology o Academia
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Europe is an amalgamation of major economies like Germany, Spain, Italy, U.K. and France among others to name a few. The report justifies this by offering country wise data for the EU5 countries while taking some other predominant economies into consideration as well (Rest of Europe). Customize Report: http://www.marketdataforecast.com/market-reports/europe-clinical-data-analytics-market-1756/customize-report Many companies have shown interest in this industry and some of the leading ones are IBM, Caradigm, CareEvolution, Explorys, Intersystems, Cerner, Truven Health Analytics, Wellcentive, McKesson, Athenahealth.
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The Clinical Data Analytics market study offers the following deliverables:
• Regional and country-level analysis that provides an innate perspective of European region and the aforementioned countries
• Meticulously identifying the key areas of market growth by providing market size forecasts and y-o-y estimations at a Segment-level analysis
• Explanations of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of macro and micro environmental factors that affect the European market presented in the form of PESTLE and Porter’s Five Forces Analyses
• Company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview of the key market players operating in the region
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• Expertly devised Market Outlook - Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
Checkout other related studies in the Europe Healthcare IT Segment:
Europe Clinical Data Analytics Market: http://www.marketdataforecast.com/market-reports/europe-clinical-data-analytics-market-1756/ Europe Digital Pathology Market: http://www.marketdataforecast.com/market-reports/europe-digital-pathology-market-294/
Europe e-health Market: http://www.marketdataforecast.com/market-reports/europe-e-Health-market-1237/ The publisher of this report Market Data Forecast is well known for the services they render in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. Their research reports section offers a wide variety of market studies ranging from all-encompassing comprehensive market studies to product specific niche markets covering Europe among other regions of the global market as well, that too with competitive pricing options. For more info kindly visit, www.marketdataforecast.com
Market Data Forecast
Abhishek
+1-888- 702-9626
abhishek@marketdataforecast.com
Source: EmailWire.Com
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