REPORT OUTLOOK
Market Size | CAGR | Dominating Region |
---|---|---|
USD 118.55 billion | 22% | North America |
Market by Type | Market by Application | Market by Component |
---|---|---|
|
|
|
SCOPE OF THE REPORT
Healthcare Analytics Market Overview
The global healthcare analytics market is expected to grow at a 22% CAGR from 2022 to 2029. It is expected to reach above USD 118.55 billion by 2029 from USD 19.8 billion in 2020.
Healthcare analytics is the effective application of statistical, quantitative, predictive, comparative, cognitive, and other emerging applied analytical models to data and related business insights. Healthcare analytics tools can help reveal and understand historical data patterns, predict future outcomes, and provide actionable insights to help healthcare organisations make better clinical, financial, and operational decisions. Analytics aids healthcare organisations in lowering costs and improving quality of care.
The COVID-19 pandemic has wreaked havoc on the global population and economy. The importance of big data in the healthcare industry has increased as a result of the pandemic. Predictive and prescriptive analytics were used to create prediction models for the emergence of subsequent waves of COVID-19 infection in various parts of the world. During the pandemic, the adoption of EHR increased in both developing and developed countries, which has influenced the market’s growth in 2020. During the pandemic, operational analytics proved to be helpful in managing patient data and COVID-19 bed allocation in ICU units. For COVID-19 patients, claim management and risk assessment analytics were widely used in healthcare reimbursement. As a result of the pandemic’s outbreak, the healthcare analytics market has seen a number of innovations and developments. All of the aforementioned factors have aided the market’s growth.
ATTRIBUTE | DETAILS |
Study period | 2020-2029 |
Base year | 2021 |
Estimated year | 2022 |
Forecasted year | 2022-2029 |
Historical period | 2018-2020 |
Unit | Value (USD Billion) |
Segmentation | By Type, Application, Component, Deployment Model, End User |
By Type
 |
|
By Application
 |
|
By Component
 |
|
By Deployment Model
 |
|
By End User
 |
|
Healthcare analytics refers to a variety of technologies, methods, and skills used to synthesize and analyse healthcare data from a variety of sources in order to uncover key patterns and gain insights for bettering healthcare outcomes. In order to improve patient outcomes and provide better care at a lower cost, healthcare analytics has become increasingly important in global healthcare systems. Data-driven decisions are increasingly being used by healthcare organisations around the world to improve patient engagement and experience. Furthermore, healthcare analytics provides critical insights into revenue and risk models for healthcare organisations.
Predictive analytics, such as simulation and modelling techniques, prescriptive analytics, such as clinical priorities and financial outcomes, and various descriptive techniques, such as reporting tools and technologies, are examples of healthcare analytics analytical techniques. Healthcare analytics covers a wide range of topics, including customer acquisition, operational efficiency, clinical delivery, and personalized medicine.
A key factor driving the healthcare analytics market is the pressing need among healthcare organisations and institutions to achieve the troika of objectives of healthcare cost reduction, patient outcomes improvement, and revenue growth. The exponential growth of patient data in healthcare systems around the world provides a solid foundation for the demand for healthcare analytics. The global demand for better healthcare decisions based on data-backed insights is driving the adoption of healthcare analytics. The market is being boosted by the increasing use of various analytical tools to close performance gaps in healthcare delivery systems. The market is gaining traction due to the vast potential of healthcare analytics processes and strategies to assist stakeholders in better evaluating public health priorities and making sound data-driven healthcare decisions. Healthcare analytics insights can help caregivers and care providers, including insurance providers, improve their relationships. This represents a profitable opportunity for the adoption of healthcare analytics tools and strategies.
Healthcare Analytics Market Segment Analysis
The healthcare/medical analytics market can be divided into descriptive analytics, predictive analytics, cognitive analytics, and prescriptive analytics, depending on the type. The Descriptive Analysis segment is expected to have the largest market share, and it is expected to dominate the market from 2022 to 2027. Descriptive analytics is used to provide information about the progression of a previously occurring event. They’re used to boost the efficiency of a variety of processes and administrative tasks. The lower cost of acquiring descriptive datasets versus predictive and prospective datasets is also helping to drive the segment’s growth. The Predictive Analytics segment, on the other hand, is expected to grow owing to the increasing use of advanced analytical methods to improve decision making by accurately predicting future market dynamics and outcomes.
Based on delivery mode, the healthcare/medical analytics market can be divided into on-premise, cloud-based, and web hosted segments. The On-Premise segment held the largest share of the market. On-premise software necessitates the purchase of a license by the medical facility. Because this licensed copy remains on-site, it can provide much better data security than Cloud-based and Web-hosted delivery modes. This is critical because the patient information being stored is extremely sensitive and must be protected by law. However, due to significantly lower costs, the Cloud-based delivery mode segment is expected to grow significantly during the forecast period. In order to function properly, an on-premise solution requires in-house server hardware and dedicated server rooms, software licenses, integration capabilities, and IT personnel. However, in the Cloud, the services will be provided by a third-party host.
Healthcare Analytics Market Players
The healthcare analytics market key players include IBM (US), Optum (US), Cerner (US), SAS Institute (US), Allscripts (US), McKesson (US), MedeAnalytics (US), Inovalon (US), Oracle (US), Health Catalyst (US), SCIO Health Analytics (US), Cotiviti (formerly Verscend Technologies) (US), CitiusTech (US), Wipro (India), and VitreosHealth (US) among others.
To increase their market position, these businesses have implemented a variety of growth tactics. These companies are using expansion, new product development, mergers and acquisitions, and collaboration as important growth strategies to improve their product portfolio and geographical presence in order to meet the rising demand from emerging economies.
DEC 18 2020 Why Providers Need Analytics To Prepare Today For The Aftermath of The Coronavirus
Who Should Buy? Or Key stakeholders
- Healthcare companies.
- Hospitals, Clinics.
- Insurance companies.
- Government organisation.
- Investment and research firms.
- Others.
Healthcare Analytics Market Regional Analysis
The healthcare analytics market by region includes North America, Asia-Pacific (APAC), Europe, South America, and Middle East & Africa (MEA).
- North America: includes the US, Canada, Mexico
- Asia Pacific: includes China, Japan, South Korea, India, Australia, ASEAN and Rest of APAC
- Europe: includes UK, Germany, France, Italy, Spain, Russia, and Rest of Europe
- South America: includes Brazil, Argentina and Rest of South America
- Middle East & Africa: includes Turkey, UAE, Saudi Arabia, South Africa, and Rest of MEA
North America dominated the healthcare analytics market, followed by Europe and Asia Pacific. North America’s large share of the global healthcare analytics market can be attributed to federal health mandates encouraging the adoption of HCIT solutions, a growing focus on PHM, a significant amount of VC investments, growing pressure to reduce healthcare costs, technological advancements, and high product and service availability in this region. Furthermore, the majority of the major players in the healthcare analytics market are based in North America.
Key Market Segments: Healthcare Analytics Market
Healthcare Analytics Market by Type, 2020-2029, (USD Million)
- Descriptive Analytics
- Predictive Analytics
- Prescriptive Analytics
- Cognitive Analytics
Healthcare Analytics Market by Application, 2020-2029, (USD Million)
- Clinical Analytics
- Financial Analytics
- Operation And Administrative Analytics
- Population Health
Healthcare Analytics Market by Component, 2020-2029, (USD Million)
- Services
- Hardware
- Software
Healthcare Analytics Market by Deployment Model, 2020-2029, (USD Million)
- On-Premise
- On-Demand
Healthcare Analytics Market by End-Use, 2020-2029, (USD Million)
- Payers
- Providers
- ACOS, HIES, MCOS And TPAS
Healthcare Analytics Market by Region, 2020-2029, (USD Million)
- North America
- Europe
- Asia Pacific
- South America
- Middle East And Africa
Important Countries In All Regions Are Covered.
Key Question Answered
- What is the current size of the healthcare analytics market?
- What are the key factors influencing the growth of healthcare analytics?
- What is the major end-use industry for healthcare analytics?
- Who are the major key players in the healthcare analytics market?
- Which region will provide more business opportunities for healthcare analytics in the future?
- Which segment holds the maximum share of the healthcare analytics market?
Table of Content
- INTRODUCTION
- MARKET DEFINITION
- MARKET SEGMENTATION
- RESEARCH TIMELINES
- ASSUMPTIONS AND LIMITATIONS
- RESEARCH METHODOLOGY
- DATA MINING
- SECONDARY RESEARCH
- PRIMARY RESEARCH
- SUBJECT-MATTER EXPERTS’ ADVICE
- QUALITY CHECKS
- FINAL REVIEW
- DATA TRIANGULATION
- BOTTOM-UP APPROACH
- TOP-DOWN APPROACH
- RESEARCH FLOW
- DATA SOURCES
- DATA MINING
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- GLOBAL HEALTHCARE ANALYTICS MARKET OUTLOOK
- MARKET DRIVERS
- MARKET RESTRAINTS
- MARKET OPPORTUNITIES
- IMPACT OF COVID-19 ON HEALTHCARE ANALYTICS MARKET
- PORTER’S FIVE FORCES MODEL
- THREAT FROM NEW ENTRANTS
- THREAT FROM SUBSTITUTES
- BARGAINING POWER OF SUPPLIERS
- BARGAINING POWER OF CUSTOMERS
- DEGREE OF COMPETITION
- INDUSTRY VALUE CHAIN ANALYSIS
- GLOBAL HEALTHCARE ANALYTICS MARKET OUTLOOK
- GLOBAL HEALTHCARE ANALYTICS MARKET BY TYPE
- DESCRIPTIVE ANALYTICS
- PREDICTIVE ANALYTICS
- PRESCRIPTIVE ANALYTICS
- COGNITIVE ANALYTICS
- GLOBAL HEALTHCARE ANALYTICS MARKET BY APPLICATION
- CLINICAL ANALYTICS
- FINANCIAL ANALYTICS
- OPERATION AND ADMINISTRATIVE ANALYTICS
- POPULATION HEALTH
- HEALTHCARE ANALYTICS MARKET BY COMPONENT
- SERVICES
- HARDWARE
- SOFTWARE
- GLOBAL HEALTHCARE ANALYTICS MARKET BY DEPLOYMENT MODEL
- ON-PREMISE
- ON-DEMAND
- GLOBAL HEALTHCARE ANALYTICS MARKET BY END-USE
- PAYERS
- PROVIDERS
- ACOS, HIES, MCOS AND TPAS
- GLOBAL HEALTHCARE ANALYTICS MARKET BY REGION
- NORTH AMERICA
- US
- CANADA
- MEXICO
- SOUTH AMERICA
- BRAZIL
- ARGENTINA
- COLOMBIA
- REST OF SOUTH AMERICA
- EUROPE
- GERMANY
- UK
- FRANCE
- ITALY
- SPAIN
- RUSSIA
- REST OF EUROPE
- ASIA PACIFIC
- INDIA
- CHINA
- JAPAN
- SOUTH KOREA
- AUSTRALIA
- SOUTH-EAST ASIA
- REST OF ASIA PACIFIC
- MIDDLE EAST AND AFRICA
- UAE
- SAUDI ARABIA
- SOUTH AFRICA
- REST OF MIDDLE EAST AND AFRICA
- NORTH AMERICA
- COMPANY PROFILES*(BUSINESS OVERVIEW, COMPANY SNAPSHOT, TYPES OFFERED, RECENT DEVELOPMENTS)
- IBM
- OPTUM
- CERNER
- SAS INSTITUTE
- ALLSCRIPTS
- MCKESSON CORPORATION
- ORACLE
- HEALTH CATALYST
- CITIUSTECH
- WIPRO *THE COMPANY LIST IS INDICATIVE
LIST OF TABLES
TABLE 1Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL HEALTHCARE ANALYTICS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 2Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL HEALTHCARE ANALYTICS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 3Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL HEALTHCARE ANALYTICS MARKET BY COMPONENT (USD MILLIONS) 2020-2029
TABLE 4Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL HEALTHCARE ANALYTICS MARKET BY END-USE (USD MILLIONS) 2020-2029
TABLE 5Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL HEALTHCARE ANALYTICS MARKET BY DEPLOYMENT MODEL (USD MILLIONS) 2020-2029
TABLE 6Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL HEALTHCARE ANALYTICS MARKET BY REGION (USD MILLIONS) 2020-2029
TABLE 7Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â US HEALTHCARE ANALYTICS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 8Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â US HEALTHCARE ANALYTICS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 9Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â US HEALTHCARE ANALYTICS MARKET BY COMPONENT (USD MILLIONS) 2020-2029
TABLE 10Â Â Â Â Â Â Â Â Â Â Â Â Â US HEALTHCARE ANALYTICS MARKET BY END-USE (USD MILLIONS) 2020-2029
TABLE 11Â Â Â Â Â Â Â Â Â Â Â Â Â US HEALTHCARE ANALYTICS MARKET BY DEPLOYMENT MODEL (USD MILLIONS) 2020-2029
TABLE 12Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA HEALTHCARE ANALYTICS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 13Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA HEALTHCARE ANALYTICS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 14Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA HEALTHCARE ANALYTICS MARKET BY COMPONENT (USD MILLIONS) 2020-2029
TABLE 15Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA HEALTHCARE ANALYTICS MARKET BY END-USE (USD MILLIONS) 2020-2029
TABLE 16Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA HEALTHCARE ANALYTICS MARKET BY DEPLOYMENT MODEL (USD MILLIONS) 2020-2029
TABLE 17Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO HEALTHCARE ANALYTICS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 18Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO HEALTHCARE ANALYTICS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 19Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO HEALTHCARE ANALYTICS MARKET BY COMPONENT (USD MILLIONS) 2020-2029
TABLE 20Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO HEALTHCARE ANALYTICS MARKET BY END-USE (USD MILLIONS) 2020-2029
TABLE 21Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO HEALTHCARE ANALYTICS MARKET BY DEPLOYMENT MODEL (USD MILLIONS) 2020-2029
TABLE 22Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL HEALTHCARE ANALYTICS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 23Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL HEALTHCARE ANALYTICS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 24Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL HEALTHCARE ANALYTICS MARKET BY COMPONENT (USD MILLIONS) 2020-2029
TABLE 25Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL HEALTHCARE ANALYTICS MARKET BY END-USE (USD MILLIONS) 2020-2029
TABLE 26Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL HEALTHCARE ANALYTICS MARKET BY DEPLOYMENT MODEL (USD MILLIONS) 2020-2029
TABLE 27Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA HEALTHCARE ANALYTICS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 28Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA HEALTHCARE ANALYTICS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 29Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA HEALTHCARE ANALYTICS MARKET BY COMPONENT (USD MILLIONS) 2020-2029
TABLE 30Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA HEALTHCARE ANALYTICS MARKET BY END-USE (USD MILLIONS) 2020-2029
TABLE 31Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA HEALTHCARE ANALYTICS MARKET BY DEPLOYMENT MODEL (USD MILLIONS) 2020-2029
TABLE 32Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA HEALTHCARE ANALYTICS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 33Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA HEALTHCARE ANALYTICS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 34Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA HEALTHCARE ANALYTICS MARKET BY COMPONENT (USD MILLIONS) 2020-2029
TABLE 35Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA HEALTHCARE ANALYTICS MARKET BY END-USE (USD MILLIONS) 2020-2029
TABLE 36Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA HEALTHCARE ANALYTICS MARKET BY DEPLOYMENT MODEL (USD MILLIONS) 2020-2029
TABLE 37Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA HEALTHCARE ANALYTICS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 38Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA HEALTHCARE ANALYTICS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 39Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA HEALTHCARE ANALYTICS MARKET BY COMPONENT (USD MILLIONS) 2020-2029
TABLE 40Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA HEALTHCARE ANALYTICS MARKET BY END-USE (USD MILLIONS) 2020-2029
TABLE 41Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA HEALTHCARE ANALYTICS MARKET BY DEPLOYMENT MODEL (USD MILLIONS) 2020-2029
TABLE 42Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA HEALTHCARE ANALYTICS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 43Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA HEALTHCARE ANALYTICS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 44Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA HEALTHCARE ANALYTICS MARKET BY COMPONENT (USD MILLIONS) 2020-2029
TABLE 45Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA HEALTHCARE ANALYTICS MARKET BY END-USE (USD MILLIONS) 2020-2029
TABLE 46Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA HEALTHCARE ANALYTICS MARKET BY DEPLOYMENT MODEL (USD MILLIONS) 2020-2029
TABLE 47Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA HEALTHCARE ANALYTICS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 48Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA HEALTHCARE ANALYTICS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 49Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA HEALTHCARE ANALYTICS MARKET BY COMPONENT (USD MILLIONS) 2020-2029
TABLE 50Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA HEALTHCARE ANALYTICS MARKET BY END-USE (USD MILLIONS) 2020-2029
TABLE 51Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA HEALTHCARE ANALYTICS MARKET BY DEPLOYMENT MODEL (USD MILLIONS) 2020-2029
TABLE 52Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN HEALTHCARE ANALYTICS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 53Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN HEALTHCARE ANALYTICS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 54Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN HEALTHCARE ANALYTICS MARKET BY COMPONENT (USD MILLIONS) 2020-2029
TABLE 55Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN HEALTHCARE ANALYTICS MARKET BY END-USE (USD MILLIONS) 2020-2029
TABLE 56Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN HEALTHCARE ANALYTICS MARKET BY DEPLOYMENT MODEL (USD MILLIONS) 2020-2029
TABLE 57Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA HEALTHCARE ANALYTICS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 58Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA HEALTHCARE ANALYTICS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 59Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA HEALTHCARE ANALYTICS MARKET BY COMPONENT (USD MILLIONS) 2020-2029
TABLE 60Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA HEALTHCARE ANALYTICS MARKET BY END-USE (USD MILLIONS) 2020-2029
TABLE 61Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA HEALTHCARE ANALYTICS MARKET BY DEPLOYMENT MODEL (USD MILLIONS) 2020-2029
TABLE 62Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA HEALTHCARE ANALYTICS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 63Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA HEALTHCARE ANALYTICS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 64Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA HEALTHCARE ANALYTICS MARKET BY COMPONENT (USD MILLIONS) 2020-2029
TABLE 65Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA HEALTHCARE ANALYTICS MARKET BY END-USE (USD MILLIONS) 2020-2029
TABLE 66Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA HEALTHCARE ANALYTICS MARKET BY DEPLOYMENT MODEL (USD MILLIONS) 2020-2029
TABLE 67Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA HEALTHCARE ANALYTICS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 68Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA HEALTHCARE ANALYTICS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 69Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA HEALTHCARE ANALYTICS MARKET BY COMPONENT (USD MILLIONS) 2020-2029
TABLE 70Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA HEALTHCARE ANALYTICS MARKET BY END-USE (USD MILLIONS) 2020-2029
TABLE 71Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA HEALTHCARE ANALYTICS MARKET BY DEPLOYMENT MODEL (USD MILLIONS) 2020-2029
TABLE 72Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC HEALTHCARE ANALYTICS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 73Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC HEALTHCARE ANALYTICS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 74Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC HEALTHCARE ANALYTICS MARKET BY COMPONENT (USD MILLIONS) 2020-2029
TABLE 75Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC HEALTHCARE ANALYTICS MARKET BY END-USE (USD MILLIONS) 2020-2029
TABLE 76Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC HEALTHCARE ANALYTICS MARKET BY DEPLOYMENT MODEL (USD MILLIONS) 2020-2029
TABLE 77Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY HEALTHCARE ANALYTICS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 78Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY HEALTHCARE ANALYTICS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 79Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY HEALTHCARE ANALYTICS MARKET BY COMPONENT (USD MILLIONS) 2020-2029
TABLE 80Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY HEALTHCARE ANALYTICS MARKET BY END-USE (USD MILLIONS) 2020-2029
TABLE 81Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY HEALTHCARE ANALYTICS MARKET BY DEPLOYMENT MODEL (USD MILLIONS) 2020-2029
TABLE 82Â Â Â Â Â Â Â Â Â Â Â Â Â UK HEALTHCARE ANALYTICS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 83Â Â Â Â Â Â Â Â Â Â Â Â Â UK HEALTHCARE ANALYTICS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 84Â Â Â Â Â Â Â Â Â Â Â Â Â UK HEALTHCARE ANALYTICS MARKET BY COMPONENT (USD MILLIONS) 2020-2029
TABLE 85Â Â Â Â Â Â Â Â Â Â Â Â Â UK HEALTHCARE ANALYTICS MARKET BY END-USE (USD MILLIONS) 2020-2029
TABLE 86Â Â Â Â Â Â Â Â Â Â Â Â Â UK HEALTHCARE ANALYTICS MARKET BY DEPLOYMENT MODEL (USD MILLIONS) 2020-2029
TABLE 87Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE HEALTHCARE ANALYTICS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 88Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE HEALTHCARE ANALYTICS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 89Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE HEALTHCARE ANALYTICS MARKET BY COMPONENT (USD MILLIONS) 2020-2029
TABLE 90Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE HEALTHCARE ANALYTICS MARKET BY END-USE (USD MILLIONS) 2020-2029
TABLE 91Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE HEALTHCARE ANALYTICS MARKET BY DEPLOYMENT MODEL (USD MILLIONS) 2020-2029
TABLE 92Â Â Â Â Â Â Â Â Â Â Â Â Â ITALY HEALTHCARE ANALYTICS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 93Â Â Â Â Â Â Â Â Â Â Â Â Â ITALY HEALTHCARE ANALYTICS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 94Â Â Â Â Â Â Â Â Â Â Â Â Â ITALY HEALTHCARE ANALYTICS MARKET BY COMPONENT (USD MILLIONS) 2020-2029
TABLE 95Â Â Â Â Â Â Â Â Â Â Â Â Â ITALY HEALTHCARE ANALYTICS MARKET BY END-USE (USD MILLIONS) 2020-2029
TABLE 96Â Â Â Â Â Â Â Â Â Â Â Â Â ITALY HEALTHCARE ANALYTICS MARKET BY DEPLOYMENT MODEL (USD MILLIONS) 2020-2029
TABLE 97Â Â Â Â Â Â Â Â Â Â Â Â Â SPAIN HEALTHCARE ANALYTICS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 98Â Â Â Â Â Â Â Â Â Â Â Â Â SPAIN HEALTHCARE ANALYTICS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 99Â Â Â Â Â Â Â Â Â Â Â Â Â SPAIN HEALTHCARE ANALYTICS MARKET BY COMPONENT (USD MILLIONS) 2020-2029
TABLE 100Â Â Â Â Â Â Â Â Â Â Â SPAIN HEALTHCARE ANALYTICS MARKET BY END-USE (USD MILLIONS) 2020-2029
TABLE 101Â Â Â Â Â Â Â Â Â Â Â SPAIN HEALTHCARE ANALYTICS MARKET BY DEPLOYMENT MODEL (USD MILLIONS) 2020-2029
TABLE 102Â Â Â Â Â Â Â Â Â Â Â RUSSIA HEALTHCARE ANALYTICS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 103Â Â Â Â Â Â Â Â Â Â Â RUSSIA HEALTHCARE ANALYTICS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 104Â Â Â Â Â Â Â Â Â Â Â RUSSIA HEALTHCARE ANALYTICS MARKET BY COMPONENT (USD MILLIONS) 2020-2029
TABLE 105Â Â Â Â Â Â Â Â Â Â Â RUSSIA HEALTHCARE ANALYTICS MARKET BY END-USE (USD MILLIONS) 2020-2029
TABLE 106Â Â Â Â Â Â Â Â Â Â Â RUSSIA HEALTHCARE ANALYTICS MARKET BY DEPLOYMENT MODEL (USD MILLIONS) 2020-2029
TABLE 107Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE HEALTHCARE ANALYTICS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 108Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE HEALTHCARE ANALYTICS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 109Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE HEALTHCARE ANALYTICS MARKET BY COMPONENT (USD MILLIONS) 2020-2029
TABLE 110Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE HEALTHCARE ANALYTICS MARKET BY END-USE (USD MILLIONS) 2020-2029
TABLE 111Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE HEALTHCARE ANALYTICS MARKET BY DEPLOYMENT MODEL (USD MILLIONS) 2020-2029
TABLE 112Â Â Â Â Â Â Â Â Â Â Â UAE HEALTHCARE ANALYTICS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 113Â Â Â Â Â Â Â Â Â Â Â UAE HEALTHCARE ANALYTICS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 114Â Â Â Â Â Â Â Â Â Â Â UAE HEALTHCARE ANALYTICS MARKET BY COMPONENT (USD MILLIONS) 2020-2029
TABLE 115Â Â Â Â Â Â Â Â Â Â Â UAE HEALTHCARE ANALYTICS MARKET BY END-USE (USD MILLIONS) 2020-2029
TABLE 116Â Â Â Â Â Â Â Â Â Â Â UAE HEALTHCARE ANALYTICS MARKET BY DEPLOYMENT MODEL (USD MILLIONS) 2020-2029
TABLE 117Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA HEALTHCARE ANALYTICS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 118Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA HEALTHCARE ANALYTICS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 119Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA HEALTHCARE ANALYTICS MARKET BY COMPONENT (USD MILLIONS) 2020-2029
TABLE 120Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA HEALTHCARE ANALYTICS MARKET BY END-USE (USD MILLIONS) 2020-2029
TABLE 121Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA HEALTHCARE ANALYTICS MARKET BY DEPLOYMENT MODEL (USD MILLIONS) 2020-2029
TABLE 122Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA HEALTHCARE ANALYTICS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 123Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA HEALTHCARE ANALYTICS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 124Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA HEALTHCARE ANALYTICS MARKET BY COMPONENT (USD MILLIONS) 2020-2029
TABLE 125Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA HEALTHCARE ANALYTICS MARKET BY END-USE (USD MILLIONS) 2020-2029
TABLE 126Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA HEALTHCARE ANALYTICS MARKET BY DEPLOYMENT MODEL (USD MILLIONS) 2020-2029
TABLE 127Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA HEALTHCARE ANALYTICS MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 128Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA HEALTHCARE ANALYTICS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 129Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA HEALTHCARE ANALYTICS MARKET BY COMPONENT (USD MILLIONS) 2020-2029
TABLE 130Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA HEALTHCARE ANALYTICS MARKET BY END-USE (USD MILLIONS) 2020-2029
TABLE 131Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA HEALTHCARE ANALYTICS MARKET BY DEPLOYMENT MODEL (USD MILLIONS) 2020-2029
LIST OF FIGURES
FIGURE 1Â Â Â Â Â Â Â MARKET DYNAMICS
FIGURE 2Â Â Â Â Â Â Â MARKET SEGMENTATION
FIGURE 3Â Â Â Â Â Â Â REPORT TIMELINES: YEARS CONSIDERED
FIGURE 4Â Â Â Â Â Â Â DATA TRIANGULATION
FIGURE 5Â Â Â Â Â Â Â BOTTOM-UP APPROACH
FIGURE 6Â Â Â Â Â Â Â TOP-DOWN APPROACH
FIGURE 7Â Â Â Â Â Â Â RESEARCH FLOW
FIGURE 8Â Â Â Â Â Â Â GLOBAL HEALTHCARE ANALYTICS MARKET BY TYPE, USD MILLION, 2020-2029
FIGURE 9Â Â Â Â Â Â Â GLOBAL HEALTHCARE ANALYTICS MARKET BY APPLICATION, USD MILLION, 2020-2029
FIGURE 10Â Â Â Â GLOBAL HEALTHCARE ANALYTICS MARKET BY COMPONENT, USD MILLION, 2020-2029
FIGURE 11Â Â Â Â GLOBAL HEALTHCARE ANALYTICS MARKET BY DEPLOYMENT MODEL, USD MILLION, 2020-2029
FIGURE 12Â Â Â Â GLOBAL HEALTHCARE ANALYTICS MARKET BY END-USE, USD MILLION, 2020-2029
FIGURE 13Â Â Â Â GLOBAL HEALTHCARE ANALYTICS MARKET BY REGION, USD MILLION, 2020-2029
FIGURE 14    PORTER’S FIVE FORCES MODEL
FIGURE 15Â Â Â Â NORTH AMERICA HEALTHCARE ANALYTICS MARKET SNAPSHOT
FIGURE 16Â Â Â Â EUROPE HEALTHCARE ANALYTICS MARKET SNAPSHOT
FIGURE 17Â Â Â Â ASIA PACIFIC HEALTHCARE ANALYTICS MARKET SNAPSHOT
FIGURE 18Â Â Â Â SOUTH AMERICA HEALTHCARE ANALYTICS MARKET SNAPSHOT
FIGURE 19Â Â Â Â MIDDLE EAST & AFRICA HEALTHCARE ANALYTICS MARKET SNAPSHOT
FIGURE 20Â Â Â Â IBM: COMPANY SNAPSHOT
FIGURE 21Â Â Â Â OPTUM: COMPANY SNAPSHOT
FIGURE 22Â Â Â Â CERNER: COMPANY SNAPSHOT
FIGURE 23Â Â Â Â SAS INSTITUTE: COMPANY SNAPSHOT
FIGURE 24Â Â Â Â ALLSCRIPTS: COMPANY SNAPSHOT
FIGURE 25Â Â Â Â MCKESSON CORPORATION: COMPANY SNAPSHOT
FIGURE 26Â Â Â Â ORACLE: COMPANY SNAPSHOT
FIGURE 27Â Â Â Â HEALTH CATALYST: COMPANY SNAPSHOT
FIGURE 28Â Â Â Â CITIUSTECH: COMPANY SNAPSHOT
FIGURE 29Â Â Â Â WIPRO: COMPANY SNAPSHOT
FAQ
The Healthcare analytics market size had crossed USD 19.80 Billion in 2020 and will observe a CAGR of more than 22% up to 2029 due to fact-based decision-making for improved clinical, financial, and operational performance of healthcare organizations.
witness expansion The large share of North America in the global healthcare analytics market can be attributed to the implementation of federal health mandates that encourage the adoption of HCIT solutions, increasing focus on PHM, a significant amount of VC investments, growing pressure to reduce healthcare costs, technological advancements, and high product and service availability in this region.
North America held more than 42% of the healthcare analytics market revenue share in 2021 and will
Upcoming healthcare trends are more quality-oriented, focusing on the quality of services provided as well as on generating novel approaches to value-based medicine and care management. Most hospitals are recognizing the inefficiencies of traditional approaches in patient care, quality assurance, and cost management. Therefore, healthcare BI solutions will be among the top priorities on the investment list of hospitals for logistics management, HIE, and predictive analysis of diseases.
The global Healthcare analytics market registered a CAGR of 22% from 2022 to 2029. Value-based medicine is redefining healthcare and capturing results-oriented data and making it usable. BI helps healthcare organizations determine what data they need and further helps them to analyze, evaluate, and utilize this data to understand the overall costs versus benefits and gain a competitive advantage. It also enables transparency in all processes to examine every purchase from the standpoint of value, utility, and outcomes.
Government agencies are leading end users of market. Increasing use of analytics solutions by government agencies to boost the market growth of this end-user segment.
In-Depth Database
Our Report’s database covers almost all topics of all regions over the Globe.
Recognised Publishing Sources
Tie ups with top publishers around the globe.
Customer Support
Complete pre and post sales
support.
Safe & Secure
Complete secure payment
process.