PUBLISHER: Grand View Research | PRODUCT CODE: 1813834
PUBLISHER: Grand View Research | PRODUCT CODE: 1813834
The global healthcare business intelligence market size was estimated at USD 9.92 billion in 2024 and is projected to reach USD 31.8 billion by 2033, growing at a CAGR of 13.9% from 2025 to 2033. The market growth is attributed to the increasing adoption of data-driven decision-making and increasing government initiatives focused on promoting EHR adoption, which drives market growth.
Furthermore, the rising need to curb healthcare expenses and enhance patient outcomes is anticipated to fuel the market growth over the forecast period. The adoption of cloud-based software allows hospitals, health providers, payers, and life sciences manufacturers to convert their data into insightful dashboards and graphs, thereby increasing market growth. For instance, Microsoft offers Power BI, which can empower healthcare organizations to derive Middle East & African insights from patient data, enhancing care quality. Healthcare practitioners can tailor treatment strategies, forecast disease outbreaks, and elevate patient care outcomes through data trend analysis, including patient readmission patterns.
Moreover, the increasing adoption of BI tools for risk management is fueling market growth. Predictive analytics enables healthcare institutions to prevent potential medical challenges patients face and helps them take timely Middle East & Africasures to mitigate the impact. Furthermore, it is helpful in operational management and epidemiology. These BI tools provide critical information in a simplified manner that facilitates users' straightforward interpretation. In addition, it supports large-scale data distribution, wherein large volumes of personalized BI content are efficiently shared with multiple end users. Thus, owing to the valuable new data insights healthcare BI offers, the demand for software solutions and services is anticipated to rise during the forecast period.
Global Healthcare Business Intelligence Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global healthcare business intelligence market report based on components, mode of delivery, application, end use, and regions.