DUBLIN, June 14, 2023 /PRNewswire/ — The “Global Healthcare Analytics Market Report and Forecast 2023-2031” report has been added to ResearchAndMarkets.com’s offering.
The global market value in 2022 was USD 30.9 billion, driven by the increasing adoption of electronic health records across the globe.
The global healthcare analytics market share is anticipated to and is anticipated to grow at a CAGR of 23.1% during the forecast period of 2023-2031 to achieve a value of USD 198.9 billion by 2031.
Healthcare Analytics: Introduction
Healthcare analytics refers to the systematic use of data and quantitative methods to gain insights, support decision-making, and improve the efficiency and effectiveness of healthcare delivery. With the growing availability of digital health data from various sources, such as electronic health records, medical imaging, wearables, and health monitoring devices, healthcare analytics has become an essential tool for healthcare providers, payers, and policymakers to enhance patient outcomes, optimize resource utilization, and reduce costs.
Healthcare Analytics Market Scenario
In recent years, the global healthcare analytics market has witnessed significant growth, driven by factors such as the increasing adoption of electronic health records, advancements in data analytics technologies, and the growing focus on value-based care and population health management. The integration of technologies such as artificial intelligence, machine learning, and big data analytics is revolutionizing the way healthcare data is collected, analyzed, and utilized to deliver personalized, evidence-based care.
The adoption of healthcare analytics has been increasing steadily due to factors such as the growing availability of digital health data, advancements in data analytics technologies, and the growing focus on value-based care and population health management. Healthcare providers, payers, and policymakers are increasingly leveraging healthcare analytics to enhance patient outcomes, optimize resource utilization, and reduce costs.
Healthcare Analytics Market Segmentations
Market Breakup by Type
Market Breakup by Components
Market Breakup by Deployment Model
Market Breakup by Applications
Market Breakup by End User
Market by Region
United States of America
Middle East and Africa
United Arab Emirates
Key Trends in the Market
Some key trends of the market are as follows:
Integration of AI and machine learning: The application of artificial intelligence (AI) and machine learning algorithms in healthcare analytics is revolutionizing the way healthcare data is collected, analyzed, and utilized to deliver personalized, evidence-based care
Real-time analytics: The demand for real-time analytics is growing as healthcare organizations seek to improve their operational efficiency, patient care, and clinical decision-making processes
Cloud-based analytics: The adoption of cloud-based analytics solutions is increasing due to their scalability, flexibility, and cost-effectiveness, which make them suitable for healthcare organizations of varying sizes and budgets
North America: The largest market for healthcare analytics, driven by factors such as the high adoption of electronic health records, advanced healthcare infrastructure, and a strong focus on healthcare cost containment and quality improvement.
Europe: The second-largest market, with increasing demand for healthcare analytics solutions and a growing emphasis on improving healthcare outcomes and reducing healthcare costs.
Asia Pacific: Expected to witness the highest growth rate due to factors such as a rapidly aging population, increasing prevalence of chronic diseases, and growing awareness about the benefits of healthcare analytics strategies.
The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:
Key Topics Covered:
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
5 Global Healthcare Analytics Market Dynamics
6 Global Healthcare Analytics Market Segmentation
7 North America Healthcare Analytics Market
8 Europe Healthcare Analytics Market
9 Asia Pacific Healthcare Analytics Market
10 Latin America Healthcare Analytics Market
11 Middle East and Africa Healthcare Analytics Market
12 Patent Analysis
13 Grants Analysis
14 Funding Analysis
15 Partnership and Collaborations Analysis
16 Regulatory Framework
17 Supplier Landscape
18 Global Healthcare Analytics-Distribution Model (Additional Insight)
19 Key Opinion Leaders (KOL) Insights (Additional Insight)
20 Company Competitiveness Analysis (Additional Insight)
21 Payment Methods (Additional Insight)
For more information about this report visit https://www.researchandmarkets.com/r/2wsi7p
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