The global Healthcare Analytics market worth US$ 121.1 billion by 2030, growing at a CAGR of 15.9%
It is said that a healthy nation is a wealthy nation and currently maintaining a health index seems a difficult task for every economy. But, with rising awareness on healthcare issues like malpractices and funding, the future of this industry looks promising. Healthcare is important for treatment, prevention and diagnosis of injury, disease and illness in human beings. Healthcare services are mostly provided by allied health professionals and medical practitioners. Traditionally, people used to treat diseases with home remedies. Home remedies, are also known as granny cure in which disease or illness is cured by using vegetables, spices and other natural and organic items available in nature. Nowadays, healthcare practices have drastically changed with technologies developed which are useful in treating even what seemed incurable.
Monitoring the heartbeat of an unborn baby is an important aspect of pregnancy. A current research at University of Sussex is all set to make this process easier by developing an effective sensor. There has been a new research done by researchers of Melbourne, that will confirm whether the patient need chemotherapy or not after surgery with the help of simple blood test. This test is based on circulating tumor DNA (ctDNA). It identifies tumor DNA present in bloodstream after surgery has eradicated the cancer. If there is ctDNA in their blood, there is no need of chemotherapy. Concerning the development of brain in the premature baby, the white matter in the brain is weak. White matter contains cells in the brain that help in neural communication where learning and thinking skills take shape in life.
The global healthcare analytics market segmentation is categorized into several classification including type outlook, component outlook, delivery mode outlook, application outlook, end-use outlook, and regional outlook. Based on the type outlook the global healthcare analytics market is categorized by prescriptive, descriptive, and predictive. On the basis of component outlook the market is classified into software, hardware, and services. Based on the delivery mode outlook the market is fragmented into on-premises, web-based, and cloud-based. Furthermore, on the basis of application outlook the global healthcare analytics market is divided into clinical, financial, and operational & administrative. Based on the end-use outlook the market is segmented into healthcare payers, healthcare providers, and others. Discussing the regional outlook, US healthcare analytics market size expecting a steady growth whereas, the healthcare analytics market growth is widely range to North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Leading players of the global healthcare analytics market include Cerner Corporation, Allscripts Healthcare Solutions, Optum Health, Inc., Oracle Corporation, Verisk Analytics, Inc., SAS, Inc., IBM Corporation, and more others.
Healthcare Analytics Market Scope
Metrics | Details |
Base Year | 2023 |
Historic Data | 2018-2022 |
Forecast Period | 2024-2030 |
Study Period | 2018-2030 |
Forecast Unit | Value (USD) |
Revenue forecast in 2030 | US$ 121.1 billion |
Growth Rate | CAGR of 15.9% during 2020-2030 |
Segment Covered | By Type, Regions |
Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
Key Players Profiled | Xerox, Epic System Corporation, GE Healthcare, Dell, McKesson, Philips, Cognizant, Siemens, Optum, Cerner Corporation |
Key Segmentation of the Global Healthcare Analytics Market
Type Outlook
- Prescriptive
- Descriptive
- Predictive
Component Outlook
- Software
- Hardware
- Services
Delivery Mode Outlook
- On-premise
- Web-based
- Cloud-based
Application Outlook
- Clinical
- Financial
- Operational and Administrative
End-use Outlook
- Healthcare Payers
- Healthcare Providers
- Others
Regional Outlook
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa