Healthcare Analytics Market - Global Forecast to 2027

Loading

Loading.

Loading..

Loading...

SPER Market Research


Healthcare Analytics Market - Global Forecast to 2027

Share

Healthcare Analytics Market - Global Forecast to 2027

 Category : Health Care

 Published: Oct-2021
 Author: SPER Analyst
Healthcare Analytics Market is projected to be worth around USD 85.8 Million by 2027

The global healthcare analytics market is expected to grow at a CAGR of ~26% from 2020 to reach USD 85.8 billion by 2027. The growth is primarily attributed to increasing investments, government initiatives, increasing EHR adoption, emphasis on reducing healthcare expenditure, and evolution of big data in healthcare. However, lack of skilled personnel and high cost of analytics can pose a significant challenge. 

Browse report overview on "Global Healthcare Analytics Market" at: https://www.sperresearch.com/report-store/Healthcare-Analytics.aspx

The global healthcare analytics market study provides market data for-by type (descriptive analysis, predictive analysis, prescriptive analysis, cognitive analysis), by component (services, hardware, software), by application (financial analysis, operational & administrative analysis, clinical analysis, population health analysis), by delivery model (on-premise model, on-demand model), by end user (payers, providers, Health information exchanges (HIEs), accountable care organizations (ACOs), managed care organizations (MCOs), and third-party administrators (TPAs)). The study also evaluates industry competitors and analyses the market at a regional and country level.

Descriptive analytics segment dominated the healthcare analytics market in 2020. The largest share of this segment is mainly due to its use in the effective application of predictive/prescriptive analytics. 

By application, financial analytics segment accounted for the largest share of healthcare analytics market in 2020. The large share is mainly attributed to emphasis on cost-cutting and to increase profitability.

On-premise solutions dominated the healthcare analytics market by deployment model. The large share of this segment can be ascribed by convenient customization available in this model.

By end user, Payers accounted for the largest market share of healthcare analytics market in 2020. The large share of payers segment can be attributed to rising healthcare expenditure, increasing need for membership expansion, optimization of provider networks and increasing competition.

Don’t miss out on business opportunities in the "Global Healthcare Analytics Market". Request customized report as per your need and gain crucial industry insights that will help your business grow at: https://www.sperresearch.com/report-store/Healthcare-Analytics.aspx?cutom=1

This research report analyses major geographies and provides a comprehensive analysis of North America (US, Canada), Europe (Germany, France, UK, Italy, Spain, and Rest of Europe), Asia-Pacific (China, India, Japan, and RoAPAC), Rest of the world (Latin America, and Middle East & Africa). North America accounted for the largest share of the global healthcare analytics market. The large share of this market is attributed to the rising EHR adoption, government initiatives, emphasis on curbing the healthcare cost and improving regulatory framework. On the other hand, APAC is expected to grow at a highest CAGR due to growing adoption and rising investments in these countries.

The major players operating in the global healthcare analytics market are 
  • Allscripts (US)
  • Cerner (US)
  • Citius Tech (US)
  • Cotiviti (Verscend Technologies)
  • Health Catalyst (US)
  • IBM (US)
  • Innovalon (US)
  • McKesson (US)
  • MedeAnalytics (US)
  • Optum (US)
  • Oracle (US)
  • SAS Institute (US)
  • SCIO Health Analytics (US)
  • Viteros Health (US)
  • And Wipro (India)

Join SPER Panel

SPER

Market Research

We are the leading, full-service global market research and consulting company.

Secure Payments
SPER Payment Options
Connect with us