Global Healthcare Analytics Market Trends

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Global Healthcare Analytics Market Size, Share, and Trends Analysis Report Trends

  • Healthcare
  • Upcoming Report
  • Oct 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Rising Adoption of Predictive Analytics”

The healthcare analytics market is experiencing significant growth, driven by the increasing demand for data-driven decision-making and the need to improve patient outcomes. One notable trend is the rising adoption of predictive analytics, which utilizes historical data and advanced algorithms to forecast patient health risks and treatment outcomes. For instance, healthcare providers are increasingly employing predictive analytics to identify patients at risk of hospital readmissions, allowing for targeted interventions that can reduce readmission rates and improve overall care quality. As organizations integrate predictive analytics into their workflows, they can enhance clinical decision-making, streamline operations, and ultimately drive better patient outcomes, positioning themselves for success in an increasingly data-centric healthcare landscape.

Frequently Asked Questions

The market is segmented based on Segmentation, By Type (Prescriptive Analytics, Predictive Analytics, and Descriptive Analytics), Component (Services, Software, and Hardware), Delivery Model (On-Demand and On-Premise), Application (Clinical Analytics, Population Health Analytics, Operational and Administrative Analytics, and Financial Analytics), End User (Healthcare Payers, Healthcare Providers and ACOS, HIES, MCOS, and TPAS) – Industry Trends and Forecast to 2031 .
The Global Healthcare Analytics Market size was valued at USD 28.43 USD Billion in 2023.
The Global Healthcare Analytics Market is projected to grow at a CAGR of 24.58% during the forecast period of 2024 to 2031.
The major players operating in the market include IBM, Wipro Limited, Allscripts Healthcare, Cerner Corporation, Health Catalyst, Inovalon, McKesson Corporation, MEDEANALYTICS, Optum, Oracle, SAS Institute , ExlService Holdings, CitiusTech , IQVIA, GENERAL ELECTRIC.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.