Global Healthcare Analytics Market Size study & Forecast, by Component, By Type, By Delivery Mode, By Application, By End-user, and Regional Analysis, 2022-2029

Description

List of Tables

Global Healthcare Analytics Market is valued at approximately USD 29.1 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 21.5% over the forecast period 2022-2029. Healthcare analytics enables healthcare professionals 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 find patterns, provide actionable insights, progress medicine, and stimulate long-term growth. Additionally, healthcare analytics systems require enormous amounts of acquired data to give enterprises useful insights. Factors such as a rising focus on improving patient outcomes and curbing healthcare spending, increasing capital investments in healthcare analytics start-ups, coupled with the increasing trend of real-world evidence are the key driving factors for the global market growth.

Additionally, the surge in the adoption of electronic health records (EHR) is further stipulating the market demand in the global market. As per the Statista analysis, in 2020, the EHR market was estimated to be worth around USD 29.16 billion worldwide, which is anticipated to rise to USD 47.25 billion by 2027. Thus, growing initiatives for electronic health records adoption, as well as increasing technological advancements is excelling the market expansion across the world. Furthermore, increasing penetration of analytics in precision and personalized medicines, as well as growing preference towards cloud-based analytics are presenting various lucrative opportunities over the forecasting years. However, the rising data breach concerns and the high cost of analytics solutions in healthcare organizations are hindering market growth over the forecast period of 2022-2029.

The key regions considered for the Global Healthcare Analytics Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. The Asia Pacific dominated the market in terms of revenue, owing to the greater accessibility of analytics solutions & services, along with the rising adoption of personalized medicine & value-based medicine. Whereas, Asia Pacific is also expected to grow at the highest growth rate over the forecasting period. Factors such as the growing geriatric population, rising burden of chronic ailments, as well as the reliance of consumers and healthcare providers on IT are burgeoning the market growth in the forecasting years.

Major market players included in this report are:

McKesson Corporation
Optum, Inc.
IBM Corporation
Oracle Corporation
SAS Institute, Inc.
Verisk Analytics, Inc.
Medeanalytics, Inc.
Truven Health Analytics, Inc.
Allscripts Healthcare Solutions, Inc.
Cerner Corporation

Recent Developments in the Market:

In July 2022, Francisco Partners announced that the company acquired healthcare data and analytics assets that were part of IBM's Watson Health business. The products and data sets that Francisco Partners has acquired encompass a wide range of categories, including MarketScan, Clinical Development, Social Program Management, Micromedex, and imaging software services.
In October 2022, Oracle corporation entered into an agreement with WellSpan Health, which aims on enhance its reduce costs, operational insights, improve the team member experience, and support its future expansion.

Global Healthcare Analytics Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered: Component, Type, Delivery Mode, Application, End-user, Region

Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Component:

Software
Services
Hardware

By Type:

Descriptive
Predictive
Prescriptive

By Delivery Mode:

Web Hosted
Cloud-based
On-premises

By Application:

Clinical
Financial
Operational & Administrative

By End-user:

Life Science Companies
Healthcare Payers
Healthcare Providers

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Healthcare Analytics Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Healthcare Analytics Market, by Component, 2019-2029 (USD Billion)
- 1.2.3. Healthcare Analytics Market, by Type, 2019-2029 (USD Billion)
- 1.2.4. Healthcare Analytics Market, by Delivery Mode, 2019-2029 (USD Billion)
- 1.2.5. Healthcare Analytics Market, by Application, 2019-2029 (USD Billion)
- 1.2.6. Healthcare Analytics Market, by End-user, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Healthcare Analytics Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Healthcare Analytics Market Dynamics

3.1. Healthcare Analytics Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing capital investments in healthcare analytics start-ups
  - 3.1.1.2. Surge in the adoption of electronic health records (EHR)
- 3.1.2. Market Challenges
  - 3.1.2.1. Rising data breach concerns
  - 3.1.2.2. High cost of analytics solutions in healthcare organizations
- 3.1.3. Market Opportunities
  - 3.1.3.1. Increasing penetration of analytics in precision and personalized medicines
  - 3.1.3.2. Growing preference towards the cloud-based analytics

Chapter 4. Global Healthcare Analytics Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Healthcare Analytics Market, by Component

6.1. Market Snapshot
6.2. Global Healthcare Analytics Market by Component, Performance - Potential Analysis
6.3. Global Healthcare Analytics Market Estimates & Forecasts by Component 2019-2029 (USD Billion)
6.4. Healthcare Analytics Market, Sub Segment Analysis
- 6.4.1. Software
- 6.4.2. Services
- 6.4.3. Hardware

Chapter 7. Global Healthcare Analytics Market, by Type

7.1. Market Snapshot
7.2. Global Healthcare Analytics Market by Type, Performance - Potential Analysis
7.3. Global Healthcare Analytics Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
7.4. Healthcare Analytics Market, Sub Segment Analysis
- 7.4.1. Descriptive
- 7.4.2. Predictive
- 7.4.3. Prescriptive

Chapter 8. Global Healthcare Analytics Market, by Delivery Mode

8.1. Market Snapshot
8.2. Global Healthcare Analytics Market by Delivery Mode, Performance - Potential Analysis
8.3. Global Healthcare Analytics Market Estimates & Forecasts by Delivery Mode 2019-2029 (USD Billion)
8.4. Healthcare Analytics Market, Sub Segment Analysis
- 8.4.1. Web Hosted
- 8.4.2. Cloud-based
- 8.4.3. On-premises

Chapter 9. Global Healthcare Analytics Market, by Application

9.1. Market Snapshot
9.2. Global Healthcare Analytics Market by Application, Performance - Potential Analysis
9.3. Global Healthcare Analytics Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
9.4. Healthcare Analytics Market, Sub Segment Analysis
- 9.4.1. Clinical
- 9.4.2. Financial
- 9.4.3. Operational & Administrative

Chapter 10. Global Healthcare Analytics Market, by End-user

10.1. Market Snapshot
10.2. Global Healthcare Analytics Market by End-user, Performance - Potential Analysis
10.3. Global Healthcare Analytics Market Estimates & Forecasts by End-user 2019-2029 (USD Billion)
10.4. Healthcare Analytics Market, Sub Segment Analysis
- 10.4.1. Life Science Companies
- 10.4.2. Healthcare Payers
- 10.4.3. Healthcare Providers

Chapter 11. Global Healthcare Analytics Market, Regional Analysis

11.1. Healthcare Analytics Market, Regional Market Snapshot
11.2. North America Healthcare Analytics Market
- 11.2.1. U.S. Healthcare Analytics Market
  - 11.2.1.1. Component breakdown estimates & forecasts, 2019-2029
  - 11.2.1.2. Type breakdown estimates & forecasts, 2019-2029
  - 11.2.1.3. Delivery Mode breakdown estimates & forecasts, 2019-2029
  - 11.2.1.4. Application breakdown estimates & forecasts, 2019-2029
  - 11.2.1.5. End-user breakdown estimates & forecasts, 2019-2029
- 11.2.2. Canada Healthcare Analytics Market
11.3. Europe Healthcare Analytics Market Snapshot
- 11.3.1. U.K. Healthcare Analytics Market
- 11.3.2. Germany Healthcare Analytics Market
- 11.3.3. France Healthcare Analytics Market
- 11.3.4. Spain Healthcare Analytics Market
- 11.3.5. Italy Healthcare Analytics Market
- 11.3.6. Rest of Europe Healthcare Analytics Market
11.4. Asia-Pacific Healthcare Analytics Market Snapshot
- 11.4.1. China Healthcare Analytics Market
- 11.4.2. India Healthcare Analytics Market
- 11.4.3. Japan Healthcare Analytics Market
- 11.4.4. Australia Healthcare Analytics Market
- 11.4.5. South Korea Healthcare Analytics Market
- 11.4.6. Rest of Asia Pacific Healthcare Analytics Market
11.5. Latin America Healthcare Analytics Market Snapshot
- 11.5.1. Brazil Healthcare Analytics Market
- 11.5.2. Mexico Healthcare Analytics Market
- 11.5.3. Rest of Latin America Healthcare Analytics Market
11.6. Rest of The World Healthcare Analytics Market

Chapter 12. Competitive Intelligence

12.1. Top Market Strategies
12.2. Company Profiles
- 12.2.1. McKesson Corporation
  - 12.2.1.1. Key Information
  - 12.2.1.2. Overview
  - 12.2.1.3. Financial (Subject to Data Availability)
  - 12.2.1.4. Product Summary
  - 12.2.1.5. Recent Developments
- 12.2.2. Optum, Inc.
- 12.2.3. IBM Corporation
- 12.2.4. Oracle Corporation
- 12.2.5. SAS Institute, Inc.
- 12.2.6. Verisk Analytics, Inc.
- 12.2.7. Medeanalytics, Inc.
- 12.2.8. Truven Health Analytics, Inc.
- 12.2.9. Allscripts Healthcare Solutions, Inc.
- 12.2.10. Cerner Corporation

Chapter 13. Research Process

13.1. Research Process
- 13.1.1. Data Mining
- 13.1.2. Analysis
- 13.1.3. Market Estimation
- 13.1.4. Validation
- 13.1.5. Publishing
13.2. Research Attributes
13.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Healthcare Analytics Market, report scope
TABLE 2. Global Healthcare Analytics Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Healthcare Analytics Market estimates & forecasts by Component 2019-2029 (USD Billion)
TABLE 4. Global Healthcare Analytics Market estimates & forecasts by Type 2019-2029 (USD Billion)
TABLE 5. Global Healthcare Analytics Market estimates & forecasts by Delivery Mode 2019-2029 (USD Billion)
TABLE 6. Global Healthcare Analytics Market estimates & forecasts by Application 2019-2029 (USD Billion)
TABLE 7. Global Healthcare Analytics Market estimates & forecasts by End-user 2019-2029 (USD Billion)
TABLE 8. Global Healthcare Analytics Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Healthcare Analytics Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Healthcare Analytics Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Healthcare Analytics Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Healthcare Analytics Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Healthcare Analytics Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Healthcare Analytics Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global Healthcare Analytics Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. Global Healthcare Analytics Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. Global Healthcare Analytics Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 18. U.S. Healthcare Analytics Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 19. U.S. Healthcare Analytics Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. U.S. Healthcare Analytics Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. Canada Healthcare Analytics Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 22. Canada Healthcare Analytics Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. Canada Healthcare Analytics Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. UK Healthcare Analytics Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 25. UK Healthcare Analytics Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. UK Healthcare Analytics Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. Germany Healthcare Analytics Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 28. Germany Healthcare Analytics Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. Germany Healthcare Analytics Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. France Healthcare Analytics Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 31. France Healthcare Analytics Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. France Healthcare Analytics Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Italy Healthcare Analytics Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 34. Italy Healthcare Analytics Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Italy Healthcare Analytics Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. Spain Healthcare Analytics Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 37. Spain Healthcare Analytics Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. Spain Healthcare Analytics Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. RoE Healthcare Analytics Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 40. RoE Healthcare Analytics Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. RoE Healthcare Analytics Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. China Healthcare Analytics Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 43. China Healthcare Analytics Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. China Healthcare Analytics Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. India Healthcare Analytics Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 46. India Healthcare Analytics Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. India Healthcare Analytics Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. Japan Healthcare Analytics Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 49. Japan Healthcare Analytics Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. Japan Healthcare Analytics Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. South Korea Healthcare Analytics Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 52. South Korea Healthcare Analytics Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. South Korea Healthcare Analytics Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. Australia Healthcare Analytics Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 55. Australia Healthcare Analytics Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. Australia Healthcare Analytics Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. RoAPAC Healthcare Analytics Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 58. RoAPAC Healthcare Analytics Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. RoAPAC Healthcare Analytics Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Brazil Healthcare Analytics Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 61. Brazil Healthcare Analytics Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Brazil Healthcare Analytics Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. Mexico Healthcare Analytics Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 64. Mexico Healthcare Analytics Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. Mexico Healthcare Analytics Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. RoLA Healthcare Analytics Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 67. RoLA Healthcare Analytics Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. RoLA Healthcare Analytics Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. Row Healthcare Analytics Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 70. Row Healthcare Analytics Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 71. Row Healthcare Analytics Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 72. List of secondary sources, used in the study of global Healthcare Analytics Market
TABLE 73. List of primary sources, used in the study of global Healthcare Analytics Market
TABLE 74. Years considered for the study
TABLE 75. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Healthcare Analytics Market, research methodology
FIG 2. Global Healthcare Analytics Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Healthcare Analytics Market, key trends 2021
FIG 5. Global Healthcare Analytics Market, growth prospects 2022-2029
FIG 6. Global Healthcare Analytics Market, porters 5 force model
FIG 7. Global Healthcare Analytics Market, pest analysis
FIG 8. Global Healthcare Analytics Market, value chain analysis
FIG 9. Global Healthcare Analytics Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Healthcare Analytics Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Healthcare Analytics Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Healthcare Analytics Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Healthcare Analytics Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Healthcare Analytics Market, regional snapshot 2019 & 2029
FIG 15. North America Healthcare Analytics Market 2019 & 2029 (USD Billion)
FIG 16. Europe Healthcare Analytics Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific Healthcare Analytics Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Healthcare Analytics Market 2019 & 2029 (USD Billion)
FIG 19. Global Healthcare Analytics Market, company Market share analysis (2021)