What is Clinical Intelligence Market?
Clinical intelligence is the use and analysis of data captured in the healthcare setting to directly inform decision-making. It is the knowledge acquisition resulting from the collection, evaluation, analysis and interpretation of clinical data to drive informed and operational decisions across the enterprise organization.
The market study is being classified, by Application (Medical Imaging & Diagnostics, Patient Data and Risk Analysis, Inpatient Care & Hospital Management, Lifestyle Management & Monitoring, Virtual Assistant and Others) and major geographies with country level break-up.
IBM (United States), Cerner Corporation (United States), Epic Systems Corporation (United States), Allscripts (United States), QSI Management (United States), General Electric Company (United States), eClinicalWorks (United States), McKesson Corporation (United States) and Greenway Health, LLC (United States) are some of the key players profiled in the study.
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Clinical Intelligence market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Clinical Intelligence market by Type, Application and Region.
On the basis of geography, the market of Clinical Intelligence has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Rising Large and Complex Data Set
- Increasing Demand to Reduce Healthcare Cost
Market Trend
- Rising Demand for Improved Healthcare Services
Restraints
- High Cost Associated With Clinical Intelligence Software
Opportunities
- Increasing Potential of AI-Based Tools for Elderly Care
- Rising Number of Cross-Industry Partnerships and Collaborations
Challenges
- Concerns Regarding Data Privacy
In November 2019, GE Healthcare launched the Edison Developer Program to accelerate the adoption and impact of intelligent applications and developer services across health systems. The program is based on Edison, GE Healthcare’s secure intelligence platform, and helps healthcare providers gain easier access to market-ready algorithms and applications by directly integrating these technologies into existing workflows.
Key Target Audience
Clinical Intelligence Service and Software Providers, Research Professionals, Emerging Companies, Government Body & Associations and End-user