Healthcare Consulting Services Market is Projected to Grow at a CAGR of 11.6% Over the Forecast Period (2019 – 2027), as The Industry is Focusing on Data-Driven Transformation Powered by Healthcare Analytics: Says Absolute Markets Insights

Healthcare organizations constantly face challenges caused by data fragmentation, information gaps and redundancies. With the adoption of EHRs and other digital tools, much more structured and unstructured data is now available to be processed and analyzed. Moreover, big data, machine learning and predictive analytics offer enormous opportunities for companies to improve patient outcomes while managing costs. Healthcare analytics provide a combination of financial and administrative intelligence in addition to information that can aid patient care efforts and improve existing procedures. As a result, organizations are soliciting consultancy services for proper implementation of data collection and analytics tools which is propelling the overall healthcare consulting services market.

Furthermore, data explosion is driving health organizations to seek ways to convert clinical data into actionable intelligence, via analytics. Healthcare consulting firms have extensive experience and expertise in analytics across diverse segments of the healthcare industry. They offer services for design and development of end-to-end healthcare analytics consulting solutions, that can expand across data warehousing, business intelligence and analytics reporting (architecture, data collection and transformation, data access and presentation layers). Additionally, they offer insights and solutions tailored as per business needs and rules of the client.  This is propelling the healthcare consulting services market.

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“Data analytics has immense potential to help healthcare organizations with identification of unforeseen patterns and development of predictive models which can be used to forecast relevant information. It can include a clinical outcome, a way to improve organizational efficiency, finding a better way to manage the complexity of reimbursement or managing costs. In order to make useful inferences and predictions based on available data, healthcare companies are leveraging subject matter expertise from consulting firms which is driving the healthcare consulting services market.”

In terms of revenue, the healthcare consulting services market stood at US$ 9697.65 Mn in 2018, and is anticipated to reach US$ 25851.93 Mn by 2027, expanding at a CAGR of 11.6% during the forecast period (2019 – 2027). The detailed research study provides qualitative and quantitative analysis of healthcare consulting services market. The market has been analyzed from demand as well as supply side. The demand side analysis covers market revenue across regions and further across all the major countries. The supply side analysis covers the major market players and their regional and global presence and strategies. The geographical analysis done emphasizes on each of the major countries across North America, Europe, Asia Pacific, Middle East, Africa and Latin America.

Some of the players operating in healthcare consulting services market are 3mcConsultingLLC, Accenture, Alvarez & Marsal Holdings, LLC, BAIN & COMPANY, Boston Consulting Group, Cognizant, COPE Health Solutions, Deloitte Touche Tohmatsu Limited , Ernst & Young Global Limited, FTI Consulting, Inc., HealthBridge Advisors Pvt. Ltd., Healthcare Consultancy Group., Huron Consulting Group Inc., Impact Advisors, KPMG International Cooperative , McKinsey & Company, Navigant Consulting, Inc., NORTH HIGHLAND, NTT DATA Corporation, Oliver Wyman, Optum, Inc., Perficient, Inc., PwC, RelateCare, The Chartis Group and Zitra Healthcare Partners amongst others.

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Healthcare Consulting Services Market:

  • By Service Type
  • Strategy Consulting
  • IT and Digitalization Consulting
  • Financial Consulting
  • Operation Consulting
  • HR and Talent Management Consulting
  • Research & Development Consulting
  • Marketing & Sales
  • Logistics Consulting
  • Health Care Regulatory Solutions
  • Others

 

  • By End Users
  • Hospitals
  • Pharmaceutical and Biotech Companies
  • Research Institutes
  • Healthcare Insurance Providers
  • Others

By Region

North America

  • U.S.
  • Canada
  • Mexico
  • Rest of North America

Europe

  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Nordic Countries
  • Denmark
  • Finland
  • Iceland
  • Sweden
  • Norway
  • Benelux Union
  • Belgium
  • The Netherlands
  • Luxembourg
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Southeast Asia
  • Indonesia
  • Thailand
  • Malaysia
  • Singapore
  • Rest of Southeast Asia
  • Rest of Asia Pacific

Middle East and Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of Middle East & Africa

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America

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Company: Absolute Markets Insights
Contact Name: Shreyas Tanna
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Shreyas Tanna

About Shreyas Tanna

The winner of Mr. Pune 2009 Pageant, Mr. Shreyas Tanna is currently the young, dashing, and dynamic CEO of a market research company called Research N Reports in Pune. Fondly known as RNR, the company specializes in market research as well as industry analysis, and is closely associated with its parent company Absolute Markets Insights (AMI). Mr. Shreyas Tanna began his corporate journey as the Head of Corporate sales & PR at RED Entertainment while pursuing his degree for MMS (Marketing) from the MGM College of Management, Mumbai. After accomplishing the tedious task of balancing his work and education, he further polished his skills in Corporate Sales, Public Relations, Channel Development, Global Client Engagement, Strategic Consulting, and Brand Development by working with HDFC Life and ResearchMoz Global Pvt. Ltd. His dedication towards his work has even won him accolades such as the National Level Performer 2013 – HDFC Life and Mr. ResearchMoz 2015. A disciplined individual with a loving heart, he is often seen taking crisp walks with an engrossed look and a gentle smile within the premises of his company to interact with the various departments. And he will be usually followed by an adorable trail of his beloved trio of Shih Tzu babies proudly known as Gucci, Drake, and Paris. The most enticing thing that you will notice about this content and proud pet parent is his infectious positivity and the firm belief in his eyes, a reflection of his favorite quote, “LIFE IS BEAUTIFUL!”

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