Asia-Pacific Clinical Data Analytics Market rises during forecast period with a high CAGR.

According to the report published by Market Data Forecast named “Asia-Pacific Clinical Data Analytics Market”, the market is estimated at $0.37 billion in 2016 and poised to grow $2.72 billion by 2021 with a CAGR of 48.92% in the forecast period.

Healthcare industry is producing data in exponentially increasing amount maintained by record keeping. All this data is being analyzed in order to improve quality of services provided in healthcare and curb healthcare costs. The humongous amount of data of patient and its varied data types which all should be managed at incredible speed is almost overwhelming for healthcare industry. This is where Big Data comes in picture. Big Data is the new paradigm that is taking healthcare industry at a new place in the market. The totality of data related to patient healthcare and well-being make up “big data” in the healthcare industry.

This market has picked up a tremendous growth, with an incredible cumulative growth rate. With technological advancement in current IT industries related to data analysis, clinical data analysis market will see a significant growth during forecast period.

This report presents detailed analysis of various drivers driving the Clinical Data Analytics Market as well as constraints of the market that binds it. Some of those factors are
• Increasing interest of people towards health management.
• Supportive government policies.
• Technological advancements and demand for better procedures and data storage.

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For deep understanding Clinical Data Analytics Market is segmented by deployment model, services, end use sector. Each sub segment is accompanied with Market Size Estimations and Y-o-Y Forecasts as well.

The Asia-Pacific market for Clinical Data Analytics is segmented based on Deployment Model, Services and End Use Sector. Based on the deployment model the market for Clinical Data Analytics is segmented into Cloud and On-Premise. Further, under services the segmentation is done into Consulting and Maintenance, and under End use sector the segmentation is done into Pharmaceuticals, Healthcare Providers, Biotechnology and Academia. On-Premise segmentation accounted for higher share compared to the Cloud segmentation. Similarly Consulting and Pharmaceuticals segmentations exhibit the highest share in their respective segments.

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Geographically, the market is segmented into various regions like India, Australia, China, Japan and South Korea. Asia Pacific is expected to show higher potential in the years to come.

Some of the companies leading the Clinical Data Analytics market are IBM, Athenahealth, CareEvolution, Caradigm, Cerner, Intersystems, Explorys, Wellcentive, McKesson, and Truven Health Analytics. IBM has invested over 15 million dollars in last five years. Nearly half of IBM research budget is focused on developing big data analytics.

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The Asia-Pacific Clinical Data Analytics Market report offers wide-range of scope:

• Regional and country-level analysis that provides an individual perspective of Asia-Pacific region and the aforementioned countries

• Know more about key areas of industry growth via detailed Segment-level analysis on basis of deployment model, services, end use sector along with market size forecasts and y-o-y estimations

• Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics

• Strategic Analyses containing PESTLE and Porter’s Five Forces Analyses which are obtained by studying the macro & micro environmental factors that affect the market demographics

• Comprehensive listing of key market players along with Company overview, product portfolios, financials (subjected to availability), SWOT analysis and analyst overview

• 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

• Market Outlook - Investment opportunities devised by stand in experts to provide both individuals and organizations a strong financial foothold in the market.

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