Home / Healthcare-IT / Healthcare Decision Support And IBM Watson Market By Offerings (IT-Healthcare Solutions, Clinical Data Management, Genomics, Drug Discovery) - Growth, Future Prospects & Competitive Analysis, 2018 – 2026

Healthcare Decision Support And IBM Watson Market By Offerings (IT-Healthcare Solutions, Clinical Data Management, Genomics, Drug Discovery) - Growth, Future Prospects & Competitive Analysis, 2018 – 2026

Published: Jan 2019 | Report Code: 59508-01-19

Industry Outlook

The healthcare decision support and IBM Watson market is projected to showcase steady growth at a compounded annual growth rate (CAGR) of 11.4% during the forecast period from 2018 to 2026. IT-healthcare segment has undergone tremendous revolution in the last decade providing solutions such as pharmacovigilence, clinical data management, regulatory affairs, scientific journal publications etc. The main goal is to provide best healthcare services to ailing patients worldwide. Healthcare decision support is helpful in guiding physicians regarding which medical tests are effective and can lead to effective conclusion while diagnosing idiopathic diseases and syndromes having overlapping symptoms with other diseases adding to the increased healthcare burden and misery of the ailing patient. Cognitive computing is being utilized by pharmaceutical companies to determine different therapeutic options for malignant tumors based on their genetic anomalies. Clinical trial matching has expedited the patients screening for clinical trial eligibility, drastically reducing the processing time from days to few hours. The most important application of healthcare decision support system is combining artificial intelligence with realistic scientific evidence to promote more visibility to healthcare professionals while providing medicine and palliative care to patients with chronic diseases. The market is still in its nascent stage with lack of awareness in developing nations.

Market Synopsis

Healthcare Decision Support And IBM Watson Market

Increasing outsourcing activities and developing healthcare infrastructure throughout the globe propel the IT-healthcare solutions market growth.

IBM Watson has been pioneering in providing healthcare solutions such as data stewardship, maintenance of clinical data, medical insights etc. with effective cloud computing applications for the safety and storage of useful scientific data. Research activities are conducted on a wide scale throughout the globe which needs to be shared with the scientific community to promote research activities pertaining to genomic and drug discovery studies. Artificial intelligence services are being catered to healthcare industry pertaining to annotation of clinical data and patient similarity. In the near future healthcare decision support will assist medical professionals in making useful decisions pertaining to treatment of chronic diseases such as cancer, diabetes, cardiovascular, genetic anomalies etc., by providing latest medical insights in real time mode. 

Healthcare Decision Support And IBM Watson Market

Established software industry and increasing demand for drug discovery drives the healthcare decision support market growth in North America

North America is the dominant leader in the regional segment for healthcare decision support and IBM Watson market. Presence of established IT sector providing healthcare services & solutions and increasing demand for drug discovery drive the healthcare decision support market growth in North America. Tremendous government funding in conducting medical research and effective collaboration of pharmaceutical giants with research academia has led to the development of huge clinical data which needs to be managed accordingly in the European region. Asia Pacific is showing significant growth prospectus on account of rising prevalence of chronic disease, evolving health insurance sector and outsourcing activities performed by IT giants pertaining to healthcare.

Healthcare Decision Support And IBM Watson Market

Historical & Forecast Period

2016 – Historical Year

2017 – Base Year

2018-2026 – Forecast Period

This research report presents the analysis of each segment from 2016 to 2026 considering 2017 as the base year for the research. Compounded annual growth rate (CAGR) for each respective segments are calculated for the forecast period from 2018 to 2026.

Healthcare Decision Support And IBM Watson Market

Report Scope by Segments

The market segmentation is as followed:

By Offerings (2016–2026; US$ Mn)

  • IT-Healthcare Solutions
  • Clinical Data Management
  • Genomics
  • Drug Discovery

Geography Segment (2016–2026; US$ Mn)

  • North America
    • United States
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • Rest of Europe
  • Asia Pacific (APAC)
    • China
    • Japan
    • Rest of APAC
  • Latin America (LATAM)
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • GCC
    • Rest of Middle East and Africa

Major software companies providing healthcare decision support are Accenture, Aetna, American Well Systems, AT&T, Cisco, EMC Health Care Ltd., IBM Watson, McKesson Corporation, Optum, Inc. and Vangent, Inc.

Key questions answered in this report

  • What healthcare services are being provided by IT giants throughout the globe?
  • What are the latest mergers and acquisitions influencing the healthcare decision support market growth?
  • What are the DRO’s relevant to healthcare decision support and IBM Watson Market
  • What is the market performance of different offerings provided by healthcare decision support and IBM Watson market?
  • Why is North America dominating the geographical segment for healthcare decision support and IBM Watson Market?

Chapter 1. Preface
1.1. Report Scope and Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I-Secondary Research
1.3.2. Phase II-Primary Research
1.3.3. Approach Adopted
1.3.4. Top-down Approach
1.3.5. Bottom-up Approach
1.3.6. Phase III-Expert Panel Review
1.3.7. Assumptions
1.4. Market Segmentation

Chapter 2. Executive Summary
2.1. Global Healthcare Decision Support and IBM Watson Market Portraiture
2.2. Global Healthcare Decision Support and IBM Watson Market, by Offerings, 2017 (US$ Mn)
2.3. Global Healthcare Decision Support and IBM Watson Market, by Geography, 2017 (US$ Mn)

Chapter 3. Healthcare Decision Support and IBM Watson Market: Dynamics and Future Outlook
3.1. Market Overview
3.2. Drivers
3.3. Challenges
3.4. Opportunities
3.5. Attractive Investment Proposition, by Geography, 2017
3.6. Competitive Analysis: Global Healthcare Decision Support and IBM Watson Market, by Key Players, 2017

Chapter 4. Global Healthcare Decision Support and IBM Watson Market, by Offerings
4.1. Overview
4.2. IT-Healthcare Solutions
4.3. Clinical Data Management
4.4. Genomics
4.5. Drug Discovery

Chapter 5. Global Healthcare Decision Support and IBM Watson Market, by Geography
5.1. Overview
5.2. North America Healthcare Decision Support and IBM Watson Market Analysis, 2016 – 2026
5.2.1. North America Healthcare Decision Support and IBM Watson Market, by Offerings, 2016 – 2026 (US$ Mn)
5.2.2. North America Healthcare Decision Support and IBM Watson Market, by Country, 2016 – 2026 (US$ Mn)
5.2.2.1. U.S.
5.2.2.2. Canada
5.3. Europe Healthcare Decision Support and IBM Watson Market Analysis, 2016 – 2026
5.3.1. Europe Healthcare Decision Support and IBM Watson Market, by Offerings, 2016 – 2026 (US$ Mn)
5.3.2. Europe Healthcare Decision Support and IBM Watson Market, by Country/Region, 2016 – 2026 (US$ Mn)
5.3.2.1. U.K.
5.3.2.2. Germany
5.3.2.3. Rest of Europe
5.4. Asia Pacific Healthcare Decision Support and IBM Watson Market Analysis, 2016 – 2026
5.4.1. Asia Pacific Healthcare Decision Support and IBM Watson Market, by Offerings, 2016 – 2026 (US$ Mn)
5.4.2. Asia Pacific Healthcare Decision Support and IBM Watson Market, by Country/Region, 2016 – 2026 (US$ Mn)
5.4.2.1. China
5.4.2.2. Japan
5.4.2.3. Rest of Asia Pacific
5.5. Latin America Healthcare Decision Support and IBM Watson Market Analysis, 2016 – 2026
5.5.1. Latin America Healthcare Decision Support and IBM Watson Market, by Offerings, 2016 – 2026 (US$ Mn)
5.5.2. Latin America Healthcare Decision Support and IBM Watson Market, by Country/Region, 2016 – 2026 (US$ Mn)
5.5.2.1. Brazil
5.5.2.2. Mexico
5.5.2.3. Rest of Latin America
5.6. Middle East & Africa Healthcare Decision Support and IBM Watson Market Analysis, 2016 – 2026
5.6.1. MEA Healthcare Decision Support and IBM Watson Market, by Offerings, 2016 – 2026 (US$ Mn)
5.6.2. MEA Healthcare Decision Support and IBM Watson Market, by Region, 2016 – 2026 (US$ Mn)
5.6.2.1. GCC
5.6.2.2. Rest of MEA

Chapter 6. Company Profiles
6.1. Accenture
6.1.1. Business Description
6.1.2. Financial Information (Subject to data availability)
6.1.3. Product Portfolio
6.1.4. News Coverage
6.2. Aetna
6.3. American Well Systems
6.4. AT&T
6.5. Cisco
6.6. EMC Health Care Ltd.
6.7. IBM Watson
6.8. McKesson Corporation
6.9. Optum, Inc.
6.10. Vangent, Inc.

FIG. 1 Healthcare Decision Support and IBM Watson Market: Research Methodology
FIG. 2 Healthcare Decision Support and IBM Watson: Market Segmentation
FIG. 3 Global Healthcare Decision Support and IBM Watson Market, by Offerings, 2017 (US$ Mn)
FIG. 4 Global Healthcare Decision Support and IBM Watson Market, by Geography, 2017 (US$ Mn)
FIG. 5 Attractive Investment Proposition: by Geography, 2017
FIG. 6 Competitive Analysis: Global Healthcare Decision Support and IBM Watson Market, by Key Players, 2017
FIG. 7 Global IT-Healthcare Solutions Market for Healthcare Decision Support and IBM Watson, 2016 – 2026 (US$ Mn)
FIG. 8 Global Clinical Data Management Market for Healthcare Decision Support and IBM Watson, 2016 – 2026 (US$ Mn)
FIG. 9 Global Genomics Market for Healthcare Decision Support and IBM Watson, 2016 – 2026 (US$ Mn)
FIG. 10 Global Drug Discovery Market for Healthcare Decision Support and IBM Watson, 2016 – 2026 (US$ Mn)
FIG. 11 U.S. Healthcare Decision Support and IBM Watson Market, 2016 – 2026 (US$ Mn)
FIG. 12 Canada Healthcare Decision Support and IBM Watson Market, 2016 – 2026 (US$ Mn)
FIG. 13 U.K. Healthcare Decision Support and IBM Watson Market, 2016 – 2026 (US$ Mn)
FIG. 14 Germany Healthcare Decision Support and IBM Watson Market, 2016 – 2026 (US$ Mn)
FIG. 15 Rest of Europe Healthcare Decision Support and IBM Watson Market, 2016 – 2026 (US$ Mn)
FIG. 16 China Healthcare Decision Support and IBM Watson Market, 2016 – 2026 (US$ Mn)
FIG. 17 Japan Healthcare Decision Support and IBM Watson Market, 2016 – 2026 (US$ Mn)
FIG. 18 Rest of Asia Pacific Healthcare Decision Support and IBM Watson Market, 2016 – 2026 (US$ Mn)
FIG. 19 Brazil Healthcare Decision Support and IBM Watson Market, 2016 – 2026 (US$ Mn)
FIG. 20 Mexico Healthcare Decision Support and IBM Watson Market, 2016 – 2026 (US$ Mn)
FIG. 21 Rest of Latin America Healthcare Decision Support and IBM Watson Market, 2016 – 2026 (US$ Mn)
FIG. 22 GCC Healthcare Decision Support and IBM Watson Market, 2016 – 2026 (US$ Mn)
FIG. 23 Rest of Middle East and Africa Healthcare Decision Support and IBM Watson Market, 2016 – 2026 (US$ Mn)

TABLE 1 Global Healthcare Decision Support and IBM Watson Market Portraiture
TABLE 2 Global Healthcare Decision Support and IBM Watson Market, by Offerings, 2016 – 2026 (US$ Mn)
TABLE 3 Global Healthcare Decision Support and IBM Watson Market, by Geography, 2016 – 2026 (US$ Mn)
TABLE 4 North America Healthcare Decision Support and IBM Watson Market, by Offerings, 2016 – 2026 (US$ Mn)
TABLE 5 North America Healthcare Decision Support and IBM Watson Market, by Country, 2016 – 2026 (US$ Mn)
TABLE 6 Europe Healthcare Decision Support and IBM Watson Market, by Offerings, 2016 – 2026 (US$ Mn)
TABLE 7 Europe Healthcare Decision Support and IBM Watson Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 8 Asia Pacific Healthcare Decision Support and IBM Watson Market, by Offerings, 2016 – 2026 (US$ Mn)
TABLE 9 Asia Pacific Healthcare Decision Support and IBM Watson Market, by Country/Region, 2015 – 2025 (US$ Mn)
TABLE 10 Latin America Healthcare Decision Support and IBM Watson Market, by Offerings, 2016 – 2026 (US$ Mn)
TABLE 11 Latin America Healthcare Decision Support and IBM Watson Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 12 Middle East and Africa Healthcare Decision Support and IBM Watson Market, by Offerings, 2016 – 2026 (US$ Mn)
TABLE 13 Middle East and Africa Healthcare Decision Support and IBM Watson Market, by Region, 2016 – 2026 (US$ Mn)
TABLE 14 Accenture: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 15 Aetna: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 16 American Well Systems: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 17 AT&T: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 18 Cisco: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 19 EMC Health Care Ltd.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 20 IBM Watson: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 21 McKesson Corporation: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 22 Optum, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 23 Vangent, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)

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