iHealthBeat recently reported some interesting data on the Healthcare Analytics market growth:
The market for health care analytics is projected to increase at a 25% compound annual growth rate between 2014 and 2019,according to a new report from Research and Markets, Health IT Analytics reports (Bresnick, Health IT Analytics, 7/24).
If anything, I’d suggest that this is a conservative growth rate for the Healthcare Analytics market. If you go into any hospital, health analytics is one of the only thing they’re spending new money on.
In the same article linked above they suggested these companies as the major players:
- Truven Health Analytics
- Verisk Health
I agree that these companies will be involved, but I’m more interested in the newer Health Analytics companies that are entering and going to enter the market. We’ll see how that plays out since it seems like pretty much every healthcare IT company is creating some sort of health analytics offering.
What are your hospital’s healthcare analytics plans?