The global healthcare analytics market is projected to reach value of USD 90.84 Billion by 2027, according to a current analysis by Emergen Research. The global healthcare analytics market is projected to expand significantly during the forecast period. Rapid growth of the market can be attributed to the increasing demand to improve efficiency in the healthcare industry by decreasing unwanted expenses. Growing introduction of Big Data in the healthcare industry is anticipated to boost the global healthcare analytics market further during the forecast period. Furthermore, rising integration of Big Data analytics with mHealth applications is likely to propel the global healthcare analytics market during the forecast period.
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However, the dearth of Information Technology (IT) experts in the healthcare sector as well as high cost and complexities associated with analytics applications is estimated to restrain the global healthcare analytics during the forecast period.
Key participants include:
Health Catalyst Inc., MedeAnalytics, Inc., Athenahealth Inc., Tenet Healthcare Corporation, Evolent Health, Oracle Corporation, Verisk Analytics, Inc., Epic Systems Corporation, TIBCO Software Inc., and SAP SE
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The Global Healthcare Analytics Market Research Report provides a brief overview inclusive of the competitive landscape and key developments, policies, manufacturing costs, and processes. The report also provides the analysis of import/export, production and consumption ratio, supply and demand, cost, price, estimated revenue, and gross margins. The report further discusses in detail the driving factors influencing the growth of the market currently and in the coming years.
Emergen Research has segmented the global healthcare analytics market in terms of component, deployment, solution, application, end-use, and region.
Component Outlook (Revenue, USD Billion; 2017–2027)
Software
Hardware
Services
Deployment Outlook (Revenue, USD Billion; 2017–2027)
Cloud-based
On-premises
Solution Outlook (Revenue, USD Billion; 2017–2027)
Predictive Analytics
Descriptive Analytics
Prescriptive Analytics
Application Outlook (Revenue, USD Billion; 2017–2027)
Clinical Analysis
Financial Analysis
Administrative Operational Analysis
End-use Outlook (Revenue, USD Billion; 2017–2027)
Healthcare Provider
Healthcare Payer
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Objectives of the Report:
Study of the global Healthcare Analytics market size by key regions, types, and applications with reference to historical data (2018-2019) and forecast (2021-2028)
Industrial structure analysis of the Healthcare Analytics market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape bench marking
Analysis of Healthcare Analytics market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Healthcare Analytics market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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