Clinical Risk Grouping Solutions Market by Product (Scorecard & Visualization Tools, Dashboard Analytics, Risk Reporting), Deployment (Private Cloud, Public Cloud, Hybrid Cloud), End-User and Region - Global Forecast to 2024
Table of Contents
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Stakeholders
1.6 Limitations
2 Research Methodology
2.1 Research Approach
2.1.1 Secondary Research
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Research
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown of Primaries
2.1.2.3 Key Industry Insights
2.2 Market Size Estimation
2.3 Data Triangulation Approach
2.4 Market Share Estimation
2.5 Assumptions for the Study
3 Executive Summary
4 Premium Insights
4.1 Clinical Risk Grouping Solutions: Market Overview
4.2 Clinical Risk Grouping Solutions Market: Geographic Growth Opportunities
4.3 Regional Mix: Market (2019–2024)
4.4 Market: Developed Vs. Developing Markets
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Market Drivers
5.2.1.1 Increasing Focus on Risk Management
5.2.1.2 Rising Usage of Big Data Solutions
5.2.2 Restraints
5.2.2.1 Lack of Infrastructure
5.2.3 Opportunities
5.2.3.1 Increasing Physician Burnout Due to Documentation Needs
5.2.3.2 Increasing Focus on Ai and Machine Learning
5.2.4 Challenges
5.2.4.1 Scarcity of Skilled Healthcare IT Professionals
5.2.4.2 Patient Data Privacy Concerns
5.2.5 Burning Issue
5.2.5.1 Implementation of Solutions Reduces Administrative Expenses But Increases the Burden on Patients
6 Clinical Risk Grouping Solutions Market, By Product
6.1 Introduction
6.2 Scorecards & Visualization Tools
6.2.1 Need to Increase Patient Accuracy and Forecast Risks are Driving Demand for Scorecards & Visualization Tools
6.3 Dashboard Analytics Solutions
6.3.1 Dashboard Analytics Segment to Register the Highest Growth During the Forecast Period
6.4 Risk Reporting Solutions
6.4.1 Increasing Adoption of Risk Management Solutions By Healthcare Providers to Fuel Market Growth
7 Clinical Risk Grouping Solutions Market, By Deployment Model
7.1 Introduction
7.2 Private Cloud
7.2.1 High Data Security of Private Cloud Models is Driving Market Growth
7.3 Public Cloud
7.3.1 Price-Effectiveness of Public Over Private Clouds has Driven End-User Preference
7.4 Hybrid Cloud
7.4.1 Hybrid Cloud Architecture Provide Flexibility and the Ability to Avoid Vendor Lock-In
8 Clinical Risk Grouping Solutions Market, By End User
8.1 Introduction
8.2 Hospitals
8.2.1 Hospitals are the Largest End Users of the Clinical Risk Grouping Solutions Market
8.3 Payers
8.3.1 Payers use Clinical Risk Grouping Solutions for Risk Management, Identifying Claims Trends, and Maximizing Payment Accuracy
8.4 Ambulatory Care Centers
8.4.1 Implementation of Mandates to Comply With Quality Measures to Support the Adoption of Clinical Risk Grouping Solutions in Ambulatory Care Centers
8.5 Long-Term Care Centers
8.5.1 Growing Number of Long-Term Care Centers to Drive Market Growth
8.6 Other End Users
9 Clinical Risk Grouping Solutions Market, By Region
9.1 Introduction
9.2 North America
9.2.1 US
9.2.1.1 US Dominates the North American Market
9.2.2 Canada
9.2.2.1 Growing Need for Cost Containment in Healthcare Will Propel Market Growth
9.3 Europe
9.3.1 Germany
9.3.1.1 Infrastructural Development and Focus on Risk Management Have Driven Market Growth in Germany
9.3.2 UK
9.3.2.1 Favorable Regulatory Outlook has Pushed the Adoption of Hcit Solutions in the UK
9.3.3 France
9.3.3.1 Initiatives Taken By the French Government to Promote the use of Healthcare IT Solutions Will Drive Market Growth
9.3.4 Rest of Europe (RoE)
9.4 Asia Pacific
9.4.1 Asia is Expected to Witness High Growth in Population and Demand for Healthcare Services
9.5 Latin America
9.5.1 Countries Such as Brazil and Mexico are Exploring New Methods to Manage Clinical Information
9.6 Middle East and Africa
9.6.1 Middle Eastern Countries are Investing Significantly in Hcit Infrastructural Development
10 Competitive Landscape
10.1 Introduction
10.2 Company Analysis, By Product and End User
10.3 Competitive Situations and Trends
11 Company Profile
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
11.1 3M Company
11.2 Optum Inc. (Subsidiary of Unitedhealth Group Inc.)
11.3 Nuance Communications
11.4 Conduent Incorporated
11.5 Cerner Corporation
11.6 HBI Solutions, Inc.
11.7 4S Information Systems Ltd.
11.8 Johns Hopkins University
11.9 Lightbeam Health Solutions, LLC
11.10 Dynamic Healthcare Systems, Inc.
11.11 Perahealth, Inc.
11.12 Health Catalyst Inc.
11.13 Evolent Health
*Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not be Captured in Case of Unlisted Companies.
12 Appendix
12.1 Market Sizing & Validation Approach
12.2 Discussion Guide
12.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
12.4 Available Customizations
12.5 Related Reports
12.6 Author Details
List of Tables
Table 1 Exchange Rates Utilized for Conversion to USD
Table 2 Clinical Risk Grouping Solutions Market, By Product, 2017–2024 (USD Million)
Table 3 Scorecards and Visualization Tools: Key Brands
Table 4 Scorecards & Visualization Tools Market, By Region, 2017–2024 (USD Million)
Table 5 Dashboard Analytics: Key Brands
Table 6 Dashboard Analytics Solutions Market, By Region, 2017–2024 (USD Million)
Table 7 Risk Reporting: Key Brands
Table 8 Risk Reporting Solutions Market, By Region, 2017–2024 (USD Million)
Table 9 ons Market, By Deployment Model, 2017–2024 (USD Million)
Table 10 Private Cloud-Deployed Market, By Country/Region, 2017–2024 (USD Million)
Table 11 Public Cloud-Deployed Clinical Risk Grouping Solutions Market, By Country/Region, 2017–2024 (USD Million)
Table 12 Hybrid Cloud-Deployed Market, By Country/Region, 2017–2024 (USD Million)
Table 13 Market, By End User, 2017–2024 (USD Million)
Table 14 Clinical Risk Grouping Solutions for Hospitals
Table 15 Market for Hospitals, By Country/Region, 2017–2024 (USD Million)
Table 16 Clinical Risk Grouping Solutions for Payers
Table 17 Market for Payers, By Country/Region, 2017–2024 (USD Million)
Table 18 Clinical Risk Grouping Solutions for Ambulatory Care Centers
Table 19 Market for Ambulatory Care Centers, By Country/Region, 2017–2024 (USD Million)
Table 20 Clinical Risk Grouping Solutions for Long-Term Care Centers
Table 21 Clinical Risk Grouping Solutions Market for Long-Term Care Centers, By Country/Region, 2017–2024 (USD Million)
Table 22 Market for Other End Users, By Country/Region, 2017–2024 (USD Million)
Table 23 Market, By Region, 2017–2024 (USD Million)
Table 24 North America: Market, By Country, 2017–2024 (USD Million)
Table 25 North America: Market, By Product, 2017–2024 (USD Million)
Table 26 North America: Market, By Deployment Model, 2017–2024 (USD Million)
Table 27 North America: Clinical Risk Grouping Solutions Market, By End User, 2017–2024 (USD Million)
Table 28 US: Key Macroindicators
Table 29 US: Market, By Product, 2017–2024 (USD Million)
Table 30 US: Market, By Deployment Model, 2017–2024 (USD Million)
Table 31 US: Market, By End User, 2017–2024 (USD Million)
Table 32 Canada: Key Macroindicators
Table 33 Canada: Market, By Product, 2017–2024 (USD Million)
Table 34 Canada: Market, By Deployment Model, 2017–2024 (USD Million)
Table 35 Canada: Clinical Risk Grouping Solutions Market, By End User, 2017–2024 (USD Million)
Table 36 Europe: Market, By Country, 2017–2024 (USD Million)
Table 37 Europe: Market, By Product, 2017–2024 (USD Million)
Table 38 Europe: Market, By Deployment Model, 2017–2024 (USD Million)
Table 39 Europe: Clinical Risk Grouping Solutions Market, By End User, 2017–2024 (USD Million)
Table 40 Germany: Key Macroindicators
Table 41 Germany: Market, By Product, 2017–2024 (USD Million)
Table 42 Germany: Clinical Risk Grouping Solutions Market, By Deployment Model, 2017–2024 (USD Million)
Table 43 Germany: Market, By End User, 2017–2024 (USD Million)
Table 44 UK: Key Macroindicators
Table 45 UK: Market, By Product, 2017–2024 (USD Million)
Table 46 UK: Market, By Deployment Model, 2017–2024 (USD Million)
Table 47 UK: Clinical Risk Grouping Solutions Market, By End User, 2017–2024 (USD Million)
Table 48 France: Market, By Product, 2017–2024 (USD Million)
Table 49 France: Market, By Deployment Model, 2017–2024 (USD Million)
Table 50 France: Market, By End User, 2017–2024 (USD Million)
Table 51 RoE: Market, By Product, 2017–2024 (USD Million)
Table 52 RoE: Clinical Risk Grouping Solutions Market, By Deployment Model, 2017–2024 (USD Million)
Table 53 RoE: Market, By End User, 2017–2024 (USD Million)
Table 54 Asia Pacific: Market, By Product, 2017–2024 (USD Million)
Table 55 Asia Pacific: Market, By Deployment Model, 2017–2024 (USD Million)
Table 56 Asia Pacific: Market, By End User, 2017–2024 (USD Million)
Table 57 Latin America: Market, By Product, 2017–2024 (USD Million)
Table 58 Latin America: Market, By Deployment Model, 2017–2024 (USD Million)
Table 59 Latin America: Clinical Risk Grouping Solutions Market, By End User, 2017–2024 (USD Million)
Table 60 Middle East and Africa: Market, By Product, 2017–2024 (USD Million)
Table 61 Middle East and Africa: Market, By Deployment Model, 2017–2024 (USD Million)
Table 62 Middle East and Africa: Market, By End User, 2017–2024 (USD Million)
Table 63 Product Launches and Enhancements (2017–2019)
Table 64 Acquisitions, Joint Ventures, and Mergers (2018–2019)
Table 65 Collaborations, Agreements, and Partnerships (2018–2019)
Table 66 Expansions (2017)
List of Figures
Figure 1 Clinical Risk Grouping Solutions Market Segmentation
Figure 2 Research Design
Figure 3 Breakdown of Primary Interviews: By Company Type, Designations, and Region
Figure 4 Bottom-Up Approach
Figure 5 Top-Down Approach
Figure 6 Data Triangulation Methodology
Figure 7 Clinical Risk Grouping Solutions Market, By Product, 2019 Vs. 2024 (USD Million)
Figure 8 Market, By Deployment Model, 2019 Vs. 2024 (USD Million)
Figure 9 Market, By End User, 2019 Vs. 2024 (USD Million)
Figure 10 Geographical Snapshot of the Market
Figure 11 Increasing Focus on Risk Management is the Major Factor Driving the Adoption of Clinical Risk Grouping Solutions
Figure 12 Asia Pacific Market to Register the Highest Growth During the Forecast Period
Figure 13 North America Will Continue to Dominate the Market in 2024
Figure 14 Asia Pacific Market to Register Higher Growth Rates During the Forecast Period
Figure 15 Market: Drivers, Restraints, Opportunities & Challenges
Figure 16 Healthcare Data Breaches in the US (2016-2019)
Figure 17 Scorecard and Visualization Tools Segment to Dominate the Market in 2019
Figure 18 Private Cloud to Hold the Largest Share of the Market During the Forecast Period
Figure 19 Clinical Risk Grouping Solutions Market, By End User, 2019 Vs. 2024
Figure 20 Market: Geographic Snapshot
Figure 21 North America: Market Snapshot
Figure 22 Europe: Snapshot
Figure 23 Key Developments in the Market Between 2016 and 2019
Figure 24 3M and Optum are the Leading Players in the Market
Figure 25 3M Company: Company Snapshot
Figure 26 Optum Inc.: Company Snapshot
Figure 27 Nuance Communications: Company Snapshot
Figure 28 Conduent Incorporated: Company Snapshot
Figure 29 Cerner: Company Snapshot
Figure 30 Evolent Health: Company Snapshot
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