Global Healthcare Analytics Market Size, Growth, Trends, Report: By Type: Prescriptive Analytics, Predictive Analytics, Descriptive Analytics; By Components: Hardware, Software, Services; By Deployment Model: On-Premises, On- Demand; By Applications: Financial Analysis, Others; By End User; Regional Analysis; Supplier Landscape; 2023-2031

Global Healthcare Analytics Market Outlook

The global healthcare analytics market size attained a value of USD 30.9 billion in 2022. The market is anticipated to grow at a CAGR of 23.1% during the forecast period of 2023-2031 to attain a value of USD 198.9 billion by 2031.

 

Global Healthcare Analytics Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Rise of Big Data to Boost the Healthcare Analytics Industry Growth

The healthcare analytics industry is being driven by factors such as the rise of big data in the healthcare sector, increased emphasis on collecting and analysing data from various sources for improved customer experience, technical advances, and the introduction of social media and its effect on the healthcare industry. Descriptive analytics has held a significant market share in the historical period, while prescriptive analytics is expected to rise at the fastest CAGR during the forecast period. Since descriptive analytics is the foundation for the successful implementation of predictive or prescriptive analytics, descriptive analytics is predicted to dominate the market during the forecast period.

 

Healthcare Analytics: Market Segmentation

Data is used widely in healthcare research for quantitative and qualitative research. The healthcare market is shifting from volume-based drugs to value-based medicines and reimbursement. Some of the key demands of the payers of this technology include a sudden focus on increased patient outcomes, shortened length-of-stay at clinics, lower healthcare and prescription rates, and fraud prevention.

 

Global Healthcare Analytics Market by Segment

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Based on type, the market is divided into:

  • Descriptive
  • Predictive
  • Prescriptive

On the basis of component, the market is categorised into:

  • Hardware 
  • Software
  • Services

With respect to deployment model, the market is segmented into:

  • On-Premises
  • Web-Based
  • Cloud-Based

Application wise, the market is classified into:

  • Clinical
  • Financial
  • Operational and Administrative

The market is split on the basis of end-user into:

  • Healthcare Provider
  • Pharmaceutical
  • Biotechnology
  • Academic Organisation

The EMR report looks into the regional markets of the product like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Healthcare Analytics Market by Region

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Rising Number of Initiatives and Programmes Aiding the Growth of Healthcare Analytics Industry

Healthcare analytics is continuing to transform the healthcare sector in a number of countries. The administrations in developed and emerging nations around the world have launched a slew of federal laws, programmes, and initiatives to see improvements in healthcare systems. The European Union has created an initiative dubbed "Bigmedilytics" that focuses on cost savings, patient improvement, and improved access to health networks. Apart from that, the use of smart devices that collect massive volumes of data is predicted to skyrocket; this raw data will then be processed to help businesses make smarter decisions, thereby aiding the market growth of healthcare analytics.

 

Key Industry Players in the Global Healthcare Analytics Market

The report gives a detailed analysis of the following key players in the global healthcare analytics market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Epic Systems Corporation
  • McKesson Corporation
  • SAS Institute, Inc
  • UnitedHealth Group
  • Oracle Corporation
  • IBM Corporation
  • MedeAnalytics, Inc.
  • Optum, Inc. 
  • Health Catalyst
  • SAP SE

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2016-2022
Forecast Period 2023-2031
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Components
  • Deployment Model
  • Applications
  • End User
  • Region
Breakup by Type
  • Prescriptive Analytics
  • Predictive Analytics
  • Descriptive Analytics
Breakup by Components
  • Hardware
  • Software
  • Services
Breakup by Deployment Model
  • On-Premises
  • On- Demand
Breakup by Applications
  • Financial Analysis
  • Operational & Administrative Analysis
  • Clinical Analysis
  • Others
Breakup by End User
  • Healthcare Payers
  • Healthcare Providers
  • ACOS
  • HIES
  • MCOS
  • TPAS
Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Market Dynamics
  • Market Drivers and Constraints
  • SWOT Analysis
  • Porter’s Five Forces Model 
  • Key Demand Indicators
  • Key Price Indicators
  • Industry Events, Initiatives, and Trends 
  • Value Chain Analysis
Supplier Landscape
  • Market Structure
  • Company Profiles
    • Financial Analysis
    • Product Portfolio
    • Demographic Reach and Achievements
    • Mergers and Acquisitions
    • Certifications
Companies Covered
  • IBM
  • Wipro Limited
  • Allscripts Healthcare, LLC
  • Cerner Corporation
  • Health Catalyst
  • Inovalon
  • McKesson Corporation
  • MEDEANALYTICS, INC.
  • Optum, Inc.
  • Oracle
  • SAS Institute Inc.
  • ExlService Holdings, Inc.
  • CitiusTech Inc.
  • IQVIA
  • GENERAL ELECTRIC
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
    1.1    Objectives of the Study
    1.2    Key Assumptions
    1.3    Report Coverage – Key Segmentation and Scope
    1.4    Research Methodology
2    Executive Summary
3    Global Healthcare Analytics Market Overview 

    3.1    Global Healthcare Analytics Market Historical Value (2016-2022) 
    3.2    Global Healthcare Analytics Market Forecast Value (2023-2031)
4    Global Healthcare Analytics Landscape
    4.1    Global Healthcare Analytics Developers Landscape
        4.1.1    Analysis by Year of Establishment
        4.1.2    Analysis by Company Size
        4.1.3    Analysis by Region
    4.2    Global Healthcare Analytics Product Landscape
        4.2.1    Analysis by Service Type
        4.2.2    Analysis by Applications
        4.2.3    Analysis by Component
5    Global Healthcare Analytics Market Dynamics
    5.1    Market Drivers and Constraints
    5.2    SWOT Analysis
    5.3    Porter’s Five Forces Model 
    5.4    Key Demand Indicators
    5.5    Key Price Indicators
    5.6    Industry Events, Initiatives, and Trends 
    5.7    Value Chain Analysis
6    Global Healthcare Analytics Market Segmentation 
    6.1    Global Healthcare Analytics Market by Type
        6.1.1    Market Overview
        6.1.2    Prescriptive Analytics
        6.1.3    Predictive Analytics
        6.1.4    Descriptive Analytics
    6.2    Global Healthcare Analytics Market by Components
        6.2.1    Market Overview
        6.2.2    Hardware
        6.2.3    Software
        6.2.4    Services
    6.3    Global Healthcare Analytics Market by Deployment Model
        6.3.1    Market Overview
        6.3.2    On-Premises 
        6.3.3    On- Demand
    6.4    Global Healthcare Analytics Market by Applications
        6.4.1    Market Overview
        6.4.2    Financial Analysis
        6.4.3    Operational & Administrative Analysis
        6.4.4    Clinical Analysis
        6.4.5    Others
    6.5    Global Healthcare Analytics Market by End User
        6.5.1    Market Overview
        6.5.2    Healthcare Payers
        6.5.3    Healthcare Providers
        6.5.4    ACOS
        6.5.5    HIES
        6.5.6    MCOS
        6.5.7    TPAS
    6.6    Global Healthcare Analytics Market by Region
        6.6.1    Market Overview
        6.6.2    North America 
        6.6.3    Europe
        6.6.4    Asia Pacific
        6.6.5    Latin America
        6.6.6    Middle East and Africa
7    North America Healthcare Analytics Market
    7.1    Market Share by Country
    7.2    United States of America
    7.3    Canada
8    Europe Healthcare Analytics Market
    8.1    Market Share by Country
    8.2    United Kingdom
    8.3    Germany
    8.4    France
    8.5    Italy
    8.6    Others
9    Asia Pacific Healthcare Analytics Market
    9.1    Market Share by Country
    9.2    China
    9.3    Japan
    9.4    India
    9.5    ASEAN
    9.6    Australia
    9.7    Others
10    Latin America Healthcare Analytics Market
    10.1    Market Share by Country
    10.2    Brazil
    10.3    Argentina
    10.4    Mexico
    10.5    Others
11    Middle East and Africa Healthcare Analytics Market
    11.1    Market Share by Country
    11.2    Saudi Arabia
    11.3    United Arab Emirates
    11.4    Nigeria
    11.5    South Africa
    11.6    Others
12    Patent Analysis
    12.1    Analysis by Type of Patent
    12.2    Analysis by Publication year
    12.3    Analysis by Issuing Authority
    12.4    Analysis by Patent Age
    12.5    Analysis by CPC Analysis
    12.6    Analysis by Patent Valuation 
    12.7    Analysis by Key Players
13    Grants Analysis
    13.1    Analysis by year
    13.2    Analysis by Amount Awarded
    13.3    Analysis by Issuing Authority
    13.4    Analysis by Grant Application
    13.5    Analysis by Funding Institute
    13.6    Analysis by NIH Departments
    13.7    Analysis by Recipient Organization 
14    Funding Analysis
    14.1    Analysis by Funding Instances
    14.2    Analysis by Type of Funding
    14.3    Analysis by Funding Amount
    14.4    Analysis by Leading Players
    14.5    Analysis by Leading Investors
    14.6    Analysis by Geography
15    Partnership and Collaborations Analysis
    15.1    Analysis by Partnership Instances
    15.2    Analysis by Type of Partnership
    15.3    Analysis by Leading Players
    15.4    Analysis by Geography
16    Regulatory Framework
    16.1    Regulatory Overview
        16.1.1    US FDA
        16.1.2    EU EMA
        16.1.3    INDIA CDSCO
        16.1.4    JAPAN PMDA
        16.1.5    Others
17    Supplier Landscape
    17.1    IBM
        17.1.1    Financial Analysis
        17.1.2    Product Portfolio
        17.1.3    Demographic Reach and Achievements
        17.1.4    Mergers and Acquisitions
        17.1.5    Certifications
    17.2    Wipro Limited
        17.2.1    Financial Analysis
        17.2.2    Product Portfolio
        17.2.3    Demographic Reach and Achievements
        17.2.4    Mergers and Acquisitions
        17.2.5    Certifications
    17.3    Allscripts Healthcare, LLC
        17.3.1    Financial Analysis
        17.3.2    Product Portfolio
        17.3.3    Demographic Reach and Achievements
        17.3.4    Mergers and Acquisitions
        17.3.5    Certifications
    17.4    Cerner Corporation
        17.4.1    Financial Analysis
        17.4.2    Product Portfolio
        17.4.3    Demographic Reach and Achievements
        17.4.4    Mergers and Acquisitions
        17.4.5    Certifications
    17.5    Health Catalyst
        17.5.1    Financial Analysis
        17.5.2    Product Portfolio
        17.5.3    Demographic Reach and Achievements
        17.5.4    Mergers and Acquisitions
        17.5.5    Certifications
    17.6    Inovalon
        17.6.1    Financial Analysis
        17.6.2    Product Portfolio
        17.6.3    Demographic Reach and Achievements
        17.6.4    Mergers and Acquisitions
        17.6.5    Certifications
    17.7    McKesson Corporation
        17.7.1    Financial Analysis
        17.7.2    Product Portfolio
        17.7.3    Demographic Reach and Achievements
        17.7.4    Mergers and Acquisitions
        17.7.5    Certifications
    17.8    MEDEANALYTICS, INC.
        17.8.1    Financial Analysis
        17.8.2    Product Portfolio
        17.8.3    Demographic Reach and Achievements
        17.8.4    Mergers and Acquisitions
        17.8.5    Certifications
    17.9    Optum, Inc.
        17.9.1    Financial Analysis
        17.9.2    Product Portfolio
        17.9.3    Demographic Reach and Achievements
        17.9.4    Mergers and Acquisitions
        17.9.5    Certifications
    17.10    Oracle
        17.10.1    Financial Analysis
        17.10.2    Product Portfolio
        17.10.3    Demographic Reach and Achievements
        17.10.4    Mergers and Acquisitions
        17.10.5    Certifications
    17.11    SAS Institute Inc.
        17.11.1    Financial Analysis
        17.11.2    Product Portfolio
        17.11.3    Demographic Reach and Achievements
        17.11.4    Mergers and Acquisitions
        17.11.5    Certifications
    17.12    ExlService Holdings, Inc.
        17.12.1    Financial Analysis
        17.12.2    Product Portfolio
        17.12.3    Demographic Reach and Achievements
        17.12.4    Mergers and Acquisitions
        17.12.5    Certifications
    17.13    CitiusTech Inc.
        17.13.1    Financial Analysis
        17.13.2    Product Portfolio
        17.13.3    Demographic Reach and Achievements
        17.13.4    Mergers and Acquisitions
        17.13.5    Certifications
    17.14    IQVIA
        17.14.1    Financial Analysis
        17.14.2    Product Portfolio
        17.14.3    Demographic Reach and Achievements
        17.14.4    Mergers and Acquisitions
        17.14.5    Certifications
    17.15    GENERAL ELECTRIC
        17.15.1    Financial Analysis
        17.15.2    Product Portfolio
        17.15.3    Demographic Reach and Achievements
        17.15.4    Mergers and Acquisitions
        17.15.5    Certifications
18    Global Healthcare Analytics-Distribution Model (Additional Insight)
    18.1    Overview 
    18.2    Potential Distributors 
    18.3    Key Parameters for Distribution Partner Assessment 
19    Key Opinion Leaders (KOL) Insights (Additional Insight)
20    Company Competitiveness Analysis (Additional Insight)

    20.1    Very Small Companies
    20.2    Small Companies
    20.3    Mid-Sized Companies
    20.4    Large Companies
    20.5    Very Large Companies
21    Payment Methods (Additional Insight)
    21.1    Government Funded
    21.2    Private Insurance
    21.3    Out-of-Pocket

 

*Additional insights provided are customisable as per client requirements.

Key Questions Answered in the Report

The global healthcare analytics market was valued at USD 156.7 billion in 2022.

The market is expected to grow at a CAGR of 4.5% from 2023 to 2031 to reach a value of USD 47.8 billion by 2031.

The major industry drivers are rise in big data and healthcare sector due to rising geriatric population.

The key trends in the market are growing popularity of descriptive analytics and increasing number of programmes and initiatives.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The major types of healthcare analytics in the industry are descriptive, predictive, and prescriptive.

The significant components of healthcare analytics are hardware, software, and services.

The different deployment models available in the market are on-premises, web-based, and cloud-based.

The various applications of healthcare analytics are clinical, financial, and operational and administrative.

The major end-users of healthcare analytics include healthcare provider, pharmaceutical, biotechnology, and academic organisation.

The major players in the industry are Epic Systems Corporation, McKesson Corporation, SAS Institute, Inc, UnitedHealth Group, Oracle Corporation, IBM Corporation, MedeAnalytics, Inc., Optum, Inc., Health Catalyst, and SAP SE, among others.

Purchase Full Report

Mini Report

$3499
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

$5999
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Five User License

$7999
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

$9999
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

NEWSLETTER