Research and Markets has released a new report that projects the healthcare analytics market to achieve a 25 percent compound annual growth rate through 2019, HealthITAnalytics reported Thursday.
Jennifer Bresnick writes regulatory mandates, ongoing health information technology adoption, predictive analytics and clinical support requirements of healthcare organizations will drive the market.
The report also lists key market players including Oracle, SAS, IBM, LexisNexis, Cerner and Truven Health Analytics, according to the report.
The report also notes that insufficient training for informatics skills and patient data privacy concerns could limit the growth of clinical analytics market in North America, Bresnick reports.