On the basis of application of healthcare analytics, the market can be categorized as clinical analytics, operational and administrative analytics, and financial analytics. The clinical analytics is expected to grow at the fastest rate in the coming years. The clinical analytics are further categorized as population health management, precision health, clinical decision support (CDS), cost and quality improvement, reporting and compliance, and comparative analytics. Similarly, financial analysis includes revenue cycle management (RCM), risk adjustment and assessment, claims handling, and payment integrity and fraud analytics. Whereas, the operational and administrative analytics include workforce analysis, strategic analysis and supply chain analysis.
