PUNE, India, Oct. 13, 2023 /PRNewswire/ -- Infinium Global Research, a prominent market research firm, has released a comprehensive report on the Healthcare Analytics Market, offering an in-depth analysis of market segments and sub-segments at both the global and regional levels. The report delves into the effects of drivers, restraints, and macro indicators on the healthcare analytics market over the short and long term.
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The global healthcare analytics market has been experiencing unprecedented growth, underpinned by the surge in healthcare data, including Electronic Health Records (EHRs), medical imaging, patient-generated data, and genomic information. This influx of data serves as a significant driver for market expansion. Additionally, regulatory compliance, such as the Meaningful Use program in the United States, mandates the adoption of EHR systems and data analytics, further propelling market growth.
However, the cost of healthcare analytics solutions and their associated implementation and maintenance expenses present substantial barriers to market growth. Yet, the application of analytics in precision and personalized medicine unveils remarkable market opportunities within the healthcare analytics sector.
Key Findings:
- Staggering Growth Projection: In 2022, the global healthcare analytics market was valued at USD 31.10 billion, with a forecast of reaching USD 179.62 billion by 2030. The predicted Compound Annual Growth Rate (CAGR) of 21.29% for the period 2023-2030 signals immense potential in the industry.
- Regional Dominance: North America, led by the United States, is expected to maintain a dominant position in the healthcare analytics market. This is attributed to legislative initiatives like Electronic Health Records (EHR) and incentives from the Health Information Technology for Economic and Clinical Health (HITECH) program. In Europe, healthcare analytics is ranked second in terms of size, primarily due to technological advancements and a growing focus on data management and governance. The Asia Pacific region is anticipated to witness the fastest growth in the healthcare analytics market, driven by factors like medical tourism and enhanced efficiency in addressing healthcare sector challenges.
- Segments Analysis: The report provides a comprehensive breakdown of the healthcare analytics market by type, mode of delivery, application, and end user. Sub-markets include descriptive analytics, prescriptive analytics, and predictive analytics for type; on-premise, web-based, and cloud-based for mode of delivery; and clinical, financial, operational, and administrative for application. End-user sub-markets encompass healthcare payers, healthcare providers, and others.
- Key Players: Profiles of companies in the market, such as Oracle Cerner, IBM Corporation, Inovalon, Athenahealth, Optum, Inc., Change Healthcare, MCKESSON CORPORATION, Health Catalyst, Veradigm LLC, and Computer Programs and Systems, Inc. (CPSI), are included in the report.
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Table of Contents
Chapter 1. Preface
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches
Chapter 2. Executive Summary
2.1. Healthcare Analytics Market Highlights
2.2. Healthcare Analytics Market Projection
2.3. Healthcare Analytics Market Regional Highlights
Chapter 3. Global Healthcare Analytics Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Porter`s Five Forces Analysis
3.4. IGR-Growth Matrix Analysis
3.4.1. IGR-Growth Matrix Analysis by Type
3.4.2. IGR-Growth Matrix Analysis by Mode of Delivery
3.4.3. IGR-Growth Matrix Analysis by Application
3.4.4. IGR-Growth Matrix Analysis by End User
3.4.5. IGR-Growth Matrix Analysis by Region
3.5. Value Chain Analysis of Healthcare Analytics Market
Chapter 4. Healthcare Analytics Market Macro Indicator Analysis
Chapter 5. Company Profiles and Competitive Landscape
5.1. Competitive Landscape in the Global Healthcare Analytics Market
5.2. Companies Profiles
5.2.1. Oracle Cerner
5.2.2. IBM Corporation
5.2.3. Inovalon
5.2.4. Athenahealth
5.2.5. Optum, Inc.
5.2.6. Change Healthcare
5.2.7. MCKESSON CORPORATION
5.2.8. Health Catalyst
5.2.9. Veradigm LLC
5.2.10. Computer Programs and Systems, Inc. (CPSI)
Chapter 6. Global Healthcare Analytics Market by Type
6.1. Descriptive Analytics
6.2. Prescriptive Analytics
6.3. Predictive Analytics
Chapter 7. Global Healthcare Analytics Market by Mode of Delivery
7.1. On-premise
7.2. Web-based
7.3. Cloud-based
Chapter 8. Global Healthcare Analytics Market by Application
8.1. Clinical
8.2. Financial
8.3. Operational
8.4. Administrative
Chapter 9. Global Healthcare Analytics Market by End User
9.1. Healthcare Payers
9.2. Healthcare Providers
9.3. Others
Chapter 10. Global Healthcare Analytics Market by Region 2023-2030
10.1. North America
10.1.1. North America Healthcare Analytics Market by Type
10.1.2. North America Healthcare Analytics Market by Mode of Delivery
10.1.3. North America Healthcare Analytics Market by Application
10.1.4. North America Healthcare Analytics Market by End User
10.1.5. North America Healthcare Analytics Market by Country
10.1.5.1. The U.S. Healthcare Analytics Market
10.1.5.1.1. The U.S. Healthcare Analytics Market by Type
10.1.5.1.2. The U.S. Healthcare Analytics Market by Mode of Delivery
10.1.5.1.3. The U.S. Healthcare Analytics Market by Application
10.1.5.1.4. The U.S. Healthcare Analytics Market by End User
10.1.5.2. Canada Healthcare Analytics Market
10.1.5.2.1. Canada Healthcare Analytics Market by Type
10.1.5.2.2. Canada Healthcare Analytics Market by Mode of Delivery
10.1.5.2.3. Canada Healthcare Analytics Market by Application
10.1.5.2.4. Canada Healthcare Analytics Market by End User
10.1.5.3. Mexico Healthcare Analytics Market
10.1.5.3.1. Mexico Healthcare Analytics Market by Type
10.1.5.3.2. Mexico Healthcare Analytics Market by Mode of Delivery
10.1.5.3.3. Mexico Healthcare Analytics Market by Application
10.1.5.3.4. Mexico Healthcare Analytics Market by End User
10.2. Europe
10.2.1. Europe Healthcare Analytics Market by Type
10.2.2. Europe Healthcare Analytics Market by Mode of Delivery
10.2.3. Europe Healthcare Analytics Market by Application
10.2.4. Europe Healthcare Analytics Market by End User
10.2.5. Europe Healthcare Analytics Market by Country
10.2.5.1. Germany Healthcare Analytics Market
10.2.5.1.1. Germany Healthcare Analytics Market by Type
10.2.5.1.2. Germany Healthcare Analytics Market by Mode of Delivery
10.2.5.1.3. Germany Healthcare Analytics Market by Application
10.2.5.1.4. Germany Healthcare Analytics Market by End User
10.2.5.2. United Kingdom Healthcare Analytics Market
10.2.5.2.1. United Kingdom Healthcare Analytics Market by Type
10.2.5.2.2. United Kingdom Healthcare Analytics Market by Mode of Delivery
10.2.5.2.3. United Kingdom Healthcare Analytics Market by Application
10.2.5.2.4. United Kingdom Healthcare Analytics Market by End User
10.2.5.3. France Healthcare Analytics Market
10.2.5.3.1. France Healthcare Analytics Market by Type
10.2.5.3.2. France Healthcare Analytics Market by Mode of Delivery
10.2.5.3.3. France Healthcare Analytics Market by Application
10.2.5.3.4. France Healthcare Analytics Market by End User
10.2.5.4. Italy Healthcare Analytics Market
10.2.5.4.1. Italy Healthcare Analytics Market by Type
10.2.5.4.2. Italy Healthcare Analytics Market by Mode of Delivery
10.2.5.4.3. Italy Healthcare Analytics Market by Application
10.2.5.4.4. Italy Healthcare Analytics Market by End User
10.2.5.5. Rest of Europe Healthcare Analytics Market
10.2.5.5.1. Rest of Europe Healthcare Analytics Market by Type
10.2.5.5.2. Rest of Europe Healthcare Analytics Market by Mode of Delivery
10.2.5.5.3. Rest of Europe Healthcare Analytics Market by Application
10.2.5.5.4. Rest of Europe Healthcare Analytics Market by End User
10.3. Asia Pacific
10.3.1. Asia Pacific Healthcare Analytics Market by Type
10.3.2. Asia Pacific Healthcare Analytics Market by Mode of Delivery
10.3.3. Asia Pacific Healthcare Analytics Market by Application
10.3.4. Asia Pacific Healthcare Analytics Market by End User
10.3.5. Asia Pacific Healthcare Analytics Market by Country
10.3.5.1. China Healthcare Analytics Market
10.3.5.1.1. China Healthcare Analytics Market by Type
10.3.5.1.2. China Healthcare Analytics Market by Mode of Delivery
10.3.5.1.3. China Healthcare Analytics Market by Application
10.3.5.1.4. China Healthcare Analytics Market by End User
10.3.5.2. Japan Healthcare Analytics Market
10.3.5.2.1. Japan Healthcare Analytics Market by Type
10.3.5.2.2. Japan Healthcare Analytics Market by Mode of Delivery
10.3.5.2.3. Japan Healthcare Analytics Market by Application
10.3.5.2.4. Japan Healthcare Analytics Market by End User
10.3.5.3. India Healthcare Analytics Market
10.3.5.3.1. India Healthcare Analytics Market by Type
10.3.5.3.2. India Healthcare Analytics Market by Mode of Delivery
10.3.5.3.3. India Healthcare Analytics Market by Application
10.3.5.3.4. India Healthcare Analytics Market by End User
10.3.5.4. South Korea Healthcare Analytics Market
10.3.5.4.1. South Korea Healthcare Analytics Market by Type
10.3.5.4.2. South Korea Healthcare Analytics Market by Mode of Delivery
10.3.5.4.3. South Korea Healthcare Analytics Market by Application
10.3.5.4.4. South Korea Healthcare Analytics Market by End User
10.3.5.5. Australia Healthcare Analytics Market
10.3.5.5.1. Australia Healthcare Analytics Market by Type
10.3.5.5.2. Australia Healthcare Analytics Market by Mode of Delivery
10.3.5.5.3. Australia Healthcare Analytics Market by Application
10.3.5.5.4. Australia Healthcare Analytics Market by End User
10.3.5.6. Rest of Asia-Pacific Healthcare Analytics Market
10.3.5.6.1. Rest of Asia-Pacific Healthcare Analytics Market by Type
10.3.5.6.2. Rest of Asia-Pacific Healthcare Analytics Market by Mode of Delivery
10.3.5.6.3. Rest of Asia-Pacific Healthcare Analytics Market by Application
10.3.5.6.4. Rest of Asia-Pacific Healthcare Analytics Market by End User
10.4. RoW
10.4.1. RoW Healthcare Analytics Market by Type
10.4.2. RoW Healthcare Analytics Market by Mode of Delivery
10.4.3. RoW Healthcare Analytics Market by Application
10.4.4. RoW Healthcare Analytics Market by End User
10.4.5. RoW Healthcare Analytics Market by Sub-region
10.4.5.1. Latin America Healthcare Analytics Market
10.4.5.1.1. Latin America Healthcare Analytics Market by Type
10.4.5.1.2. Latin America Healthcare Analytics Market by Mode of Delivery
10.4.5.1.3. Latin America Healthcare Analytics Market by Application
10.4.5.1.4. Latin America Healthcare Analytics Market by End User
10.4.5.2. Middle East Healthcare Analytics Market
10.4.5.2.1. Middle East Healthcare Analytics Market by Type
10.4.5.2.2. Middle East Healthcare Analytics Market by Mode of Delivery
10.4.5.2.3. Middle East Healthcare Analytics Market by Application
10.4.5.2.4. Middle East Healthcare Analytics Market by End User
10.4.5.3. Africa Healthcare Analytics Market
10.4.5.3.1. Africa Healthcare Analytics Market by Type
10.4.5.3.2. Africa Healthcare Analytics Market by Mode of Delivery
10.4.5.3.3. Africa Healthcare Analytics Market by Application
10.4.5.3.4. Africa Healthcare Analytics Market by End User
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Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of healthcare analytics.
=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.
=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.
About Infinium Global Research:
Infinium Global Research is a business consulting and market research firm; a group of experts that caters to fulfilling business and market research needs of leading companies in various industry verticals and business segments. The company also serves government bodies, institutes, and non-profit/non-government organizations to meet their knowledge and information needs.
Through our information services and solutions, we assist our clients to improve their performance and assess the market conditions to achieve their organizational goals. Our team of experts and analysts are engaged in continuously monitoring and assessing the market conditions to provide knowledge support to our clients. To help our clients and to stay updated with the advances and inventions in technology, business processes, regulations, and the environment, Infinium often conducts regular meets with industry experts and opinion leaders. Our key opinion leaders are involved in monitoring and assessing the progress in the business environment, so as to offer the best opinion to our clients.
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