Burgeoning consumers focus on the risk management solutions, availability of clinical risk solutions and integration of artificial intelligence with big data analytics is surging the clinical risk grouping solutions market. Another major factor driving the market is growing presence of vendors for public cloud solutions that caters to intensifying demand for such solutions.
According to the MarkNtel Advisors’ research report, the CAGR of “Global Clinical Risk Solutions Market Analysis, 2020”, is expected to be around 13.9% during 2020-25.
Segmentation Outlook
Based on the deployment mode in 2019, private cloud solution dominated the market due highly secure environment. However, the cost remains quite high in comparison to public cloud. Public cloud is cost effective and large number of vendors available for the public cloud solutions. Hybrid cloud deployment mode has been registering an uptick due to greater flexibility and cost optimization and is expected to grab a considerable market share through 2025.
The scorecards and visualization segment dominated the clinical risk grouping solutions market owing to the high use of risk scoring and risk attributing usage in these solutions in 2019. Dashboard analytics segment showcased positive growth with growing need for patient care and accuracy in 2019 and is set to grow further during 2020-25.
Hospitals segment led the market in recent past on account of rising penetration of big data analytics and adoption of AI and machine learning.
According to the MarkNtel Advisors the major leading players are 3M, Optum Inc., HBI Solutions, Cerner Corporation, 4S Information System Ltd., Dynamic Healthcare Systems, Nuance Communications, Light Beam Health Solutions, LLC, John Hopkins University, Perahealth, Inc. Companies are merging and adopting new businesses for gaining a competitive edge and to remain in the competition. The companies are investing in R&D and focusing on developing innovative solutions.
Key Questions Answered in the Market Research Report
Market Outlook, Segmentation and Statistics
Frequently Asked Questions
Q. What is the historical year, base year and forecast year considered in the research report on Global Clinical Risk Grouping Solutions Market?
A. The historical data has been provided since 2015, while the base year is 2019 and the data is forecasted up to 2025.
Q. What are the units or denomination for measuring market value in the report?
A. The market size/industry size or the market value is measured in terms of USD Million.
Q. What would be the CAGR of the Global Clinical Risk Grouping Solutions Market during 2020 to 2025?
A. The market size of Global Clinical Risk Grouping Solutions Market would register a CAGR of 13.9% during 2020-25.
Q. Which deployment segment would emerge as an opportunity area for players in Global Clinical Risk Grouping Solutions Market?
A. Hybrid cloud deployment mode has been registering an uptick due to greater flexibility and cost optimization and is expected to grab a considerable market share through 2025.
Q. Which of the product segment would be a bright spot for Global Clinical Risk Grouping Solutions Market during 2020-2025?
A. Dashboard analytics segment showcased positive growth with growing need for patient care and accuracy in 2019 and is set to grow further during 2020-25.
Q. Which of the end-user segment would be a bright spot for Global Clinical Risk Grouping Solutions Market during 2020-2025?
A. Hospitals segment led the market in recent past on account of rising penetration of big data analytics and adoption of AI and machine learning.
Q. Which of the key factors would be creating growth opportunities for Global Clinical Risk Grouping Solutions Market in forthcoming period?
A. Growing presence of vendors for public cloud Solutions that caters to intensifying demand for such Solutions as well consumers focus on the risk management Solutions, availability of clinical risk Solutions and integration of artificial intelligence with big data analytics would be substantial factors for the growth of the market in forthcoming period.
Q. Who are the key players or major competitors in Global Clinical Risk Grouping Solutions Market?
A. 3M, Optum Inc., HBI Solutions, Cerner Corporation, 4S Information System Ltd., Dynamic Healthcare Systems, Nuance Communications, Light Beam Health Solutions, LLC, John Hopkins University, Perahealth, Inc. are few of the leading players with majority market share in Global Clinical Risk Grouping Solutions Market.
Q. Does the report scope cover region wise market statistics also?
A. Yes, the scope of the report encompasses detailed region wise statistics such as market size, market segmentation based on various subcategories.
