PUBLISHER: Inkwood Research | PRODUCT CODE: 1067048
PUBLISHER: Inkwood Research | PRODUCT CODE: 1067048
The Asia-Pacific healthcare analytics market is anticipated to rise with a CAGR of 25.59% during the estimated period of 2022 to 2030. The market growth of the region is propelled by the surging need for cloud-based analytics, the growth in government initiatives for increasing the use of data analytics within the healthcare sector, and the rise in complex data.
The Asia-Pacific healthcare analytics market growth assessment entails the detailed analysis of Japan, Vietnam, India, Indonesia, China, Australia & New Zealand, South Korea, and Rest of Asia-Pacific. Over recent years, the impact of big data across the healthcare industry in India is increasing. In this regard, the country had around 400,000 self-monitoring health applications capable of monitoring numerous health data like heart rate, sleep patterns, blood pressure, calories intake, and others, in the year 2019. Moreover, owing to healthcare analytics in the country, the accuracy of diagnoses and treatments gain efficacy, as well.
On the other hand, the healthcare industry in Indonesia had refused to adopt digital technology before the COVID-19 pandemic. Following the outbreak, the country's healthcare analytics market began proliferating. Over recent years, three segments in digital healthcare have gained prominence, including the e-pharmacy market, online consultation and appointment booking market, and healthcare IT solutions market. As a result, these factors are anticipated to fuel the Asia-Pacific healthcare analytics market growth during the forecast period.
Key firms operating in the market are Elsevier, IQVIA, Verisk Analytics Inc, etc.