Healthcare Business Intelligence (BI) Market Worth USD 8.9 Billion Reshaping The Healthcare Industry
Healthcare business intelligence is the process by which large scale data from the massive healthcare industry can be collected and refined into actionable insights from key healthcare areas like costs, pharmaceuticals, clinical data, and patient behaviour. The study involved four major activities to estimate the current size of the market. Exhaustive secondary research was done to collect information on the market, its peer markets, and its parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. What the market looks like? The healthcare business intelligence (BI) market is expected to reach USD 8.9 billion by 2023 from USD 4.4 billion in 2018, at a CAGR of 15.3%. On the basis of component, the healthcare BI market is segmented into platforms, software, and services. In 2018, the healthcare business intelligence platforms segment are expected to account for the largest sha...