Press release
Healthcare Analytics Market Leveraging Data-Driven Insights for Enhanced Patient Care and Operational Efficiency, Forecasted to Witness Remarkable Growth by 2030
The size of the Worldwide Healthcare Analytics Market, which was estimated at $26.51 billion in 2023, is expected to increase by 17.3% between 2023 and 2030 to reach $98.78 billion. Healthcare personnel can use healthcare analytics to identify opportunities to enhance workflow, patient engagement, care delivery, and clinical results. Real-time and historical data are combined in healthcare data analytics to identify patterns, provide actionable insights, progress medicine, and stimulate long-term growth. Additionally, to give enterprises useful insights, healthcare analytics tools make extensive use of collected data.
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The Key companies profiled in the Healthcare Analytics Market:
The study examines the Healthcare Analytics Market's competitive landscape and includes data on IBM, MedeAnalytics, Verisk Analytics, Allscripts Health Solutions, SAS Institute, Optum, Health Catalyst, Cerner, McKesson, Oracle, Inovalon & Others.
Global Healthcare Analytics Market Split by Product Type and Applications
This report segments the Healthcare Analytics Market on the basis of Types:
Software, Services, Hardware
On the basis of Application, the Healthcare Analytics Market is segmented into:
Clinical Analytics, Financial Analytics, Operational and Administrative Analytics, Population Health Analytics, Others
The market for healthcare analytics is expanding due to the increased use of big data in healthcare organisations and the increase in government programmes to encourage the adoption of electronic health records (EHRs) by healthcare organisations. Additionally, the pressure on healthcare organisations to reduce wasteful spending has a favourable effect on the market's expansion. However, issues including high implementation costs and a shortage of experienced labour are anticipated to restrain the growth of the healthcare analytics market. On the other hand, throughout the projection period, it is anticipated that increasing use of augmented analytics among healthcare providers and the use of cloud-based analytics would give lucrative prospects for the market's growth.
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North America had the regional lead in healthcare analytics in 2020, and it is anticipated that it would continue to do so throughout the projection period. This is ascribed to expanding federal healthcare regulations designed to reduce the cost of healthcare as well as expanding government efforts to promote personalised medicine. However, Asia-Pacific is anticipated to experience considerable growth over the course of the forecast period due to expanding e-health initiatives in the region's developing countries and a growing need among healthcare organisations for analytics solutions to manage big patient data sets.
Healthcare analytics can be used for a variety of tasks within a facility, such as the administration of hospital grants and donations, patient records, appointment scheduling, insurance claims, etc. In addition to enhancing the standard of patient care, it can also provide insights for managing larger company operations, improving patient outreach, controlling the spread of diseases, etc. The Health Data Analytics Initiative was created by the Grainger College of Engineering in Illinois as a focal point for clinical investigators, engineers, AI experts, and data scientists. This initiative aids in the delivery of better solutions by enhancing the calibre of research through the use of AI platforms and analytical tools.
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Major Point of Table of Contents:
Chapter 1 Industry Overview
Chapter 2 Global Healthcare Analytics Competition by Types, Applications, and Top Regions and Countries
Chapter 3 Production Market Analysis
Chapter 4 Global Healthcare Analytics Sales, Consumption, Export, Import by Regions (2017-2022)
Chapter 5 North America Healthcare Analytics Market Analysis
Chapter 6 East Asia Healthcare Analytics Market Analysis
Chapter 7 Europe Healthcare Analytics Market Analysis
Chapter 8 South Asia Healthcare Analytics Market Analysis
Chapter 9 Southeast Asia Healthcare Analytics Market Analysis
Chapter 10 Middle East Healthcare Analytics Market Analysis
Chapter 11 Africa Healthcare Analytics Market Analysis
Chapter 12 Oceania Healthcare Analytics Market Analysis
Chapter 13 South America Healthcare Analytics Market Analysis
Chapter 14 Company Profiles and Key Figures in Healthcare Analytics Business
Chapter 15 Global Healthcare Analytics Market Forecast (2023-2028)
Chapter 16 Conclusions
Research Methodology...
Global Healthcare Analytics Market Research FAQs
1. What is the study period of this market?
2. What is the growth rate of this Market?
3. Which region has the highest growth rate in this Market?
4. Which region has the largest share in this Market?
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