Global Healthcare Analytics
Market Report
2025
The global healthcare analytics market size is USD 27.4 billion in 2024. The healthcare analytics market will show the strongest growth with a compound annual growth rate (CAGR) of 25.7% from 2024 to 2031. The reason for this growth is improvements in technology.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global healthcare analytics market size is USD 27.4 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 25.7% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Healthcare Analytics Market Sales Revenue 2024 | $ 27.4 Billion |
Global Healthcare Analytics Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 25.7% |
Market Split by Type |
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Market Split by Application |
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Market Split by Component |
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Market Split by Deployment Model |
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Market Split by End-User |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Healthcare Analytics industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Healthcare Analytics Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Healthcare analytics describes a method for improving healthcare decision-making through the systematic application of statistical methods and data analysis. The healthcare analytics market is expected to experience significant growth in the coming years. This growth is driven by various factors, including efforts by the government to increase the adoption of electronic health records, mounting pressure to reduce healthcare spending, an increase in venture capital investments, the rise of big data in healthcare, and the increasing importance of real-world evidence. However, data security and safety concerns, as well as a shortage of qualified workers, will limit the market’s expansion. Additionally, the healthcare analytics market is growing because more people want better patient results. This is because personalized treatment plans, disease prediction models, and better use of resources are all needed. Analytics in healthcare help find trends and make solutions more effective, which results in better care for patients. In addition, a major new opportunity has opened up for the healthcare analytics industry because of the use of data to provide targeted and individualized care.
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In June 2024, the SAS clinical acceleration repository will now be available to help life sciences and health groups drive innovation. It is a secure, cloud-native data repository with strong audit and management tools. The analytics tool organizes clinical research data, connects to different data sources, speeds up the regulatory submission process, and makes clinical trial development better.
Top Companies Market Share in Healthcare Analytics Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America emerged as the dominant region in the healthcare analytics market because of expanding capital investments, widespread use of electronic health records, widespread acceptance of cutting-edge technology, and a robust healthcare infrastructure, all contribute to a thriving economy. Additionally, the key industrial players’ headquarters in this region will further contribute to the expansion of the industry. Furthermore, the region’s growth is fueled by significant expenditures in technology, the existence of prominent market participants, and the increasing acceptance of on-premise services.
Asia-Pacific stands out as the fastest-growing region in the healthcare analytics market because of the growing use of EHRs, more investments in healthcare infrastructure, and the quick digitization of healthcare systems. Additionally, patient outcomes and healthcare delivery may be optimized with the help of healthcare analytics, which is in high demand due to the region’s population aging and an increase in chronic. Furthermore, market growth is bolstered by government efforts and laws that provide support.
The current report Scope analyzes Healthcare Analytics Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Healthcare Analytics Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Healthcare Analytics Industry growth. Healthcare Analytics market has been segmented with the help of its Type, Application Component, and others. Healthcare Analytics market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to cognitive market research, descriptive analytics is the dominant category because one of the main reasons for the segment’s growth has been the extensive usage of descriptive analytics in studying the pandemic’s historical data and patient histories. By retrieving past data and transforming it into useful insights, descriptive analytics has become an invaluable tool for comprehending what transpired. Additionally, hospitals are also making use of it to track how well insurance claims are being processed by looking for mistakes and anomalies. A growing number of businesses are boosting Their prospects of being successful in the market by using descriptive analysis methods. < /p>
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This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities for each application of Healthcare Analytics from 2019 to 2031. This will also help to analyze the demand for Healthcare Analytics across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key Application of Healthcare Analytics are:
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Senior Research Associate at Cognitive Market Research
Manjiri Kanhere is an experienced market researcher focused on the Pharma & Healthcare industry. With over 3+ years of experience, She has worked with major pharmaceutical companies and healthcare providers, helping them to understand market trends, identify new business opportunities, and develop effective sales & marketing strategies. Her expertise lies in the ability to analyze complex data sets and deliver insights that drive business decisions. At Cognitive Market Research, she handles the market research related to Pharma and healthcare industry.
Manjiri Kanhere is an experienced market researcher focused on the Pharma & Healthcare industry. With over three years of experience, She has worked with major pharmaceutical companies and healthcare providers, helping them to understand market trends, identify new business opportunities, and develop effective sales & marketing strategies.
In her current role, Manjiri handles the market research related to Pharma and healthcare industry. Her passion lies in utilizing innovative approaches to distill complex information into strategic insights that empower organizations to make informed decisions.Manjiri remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Healthcare Analytics Market is witnessing significant growth in the near future.
In 2023, the Descriptive Analytics segment accounted for noticeable share of global Healthcare Analytics Market and is projected to experience significant growth in the near future.
The Clinical Analytics segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies IBM (US) , Optum and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Provident Healthcare Partners, a prominent healthcare investment banking firm, announced that it advised Acentus in the acquisition of nearly all its assets by Henry Schein, Inc. Acentus, a nationwide medical supplier, specializes in Continuous Glucose Monitors (CGMs).
Acentus' founders Brett Carroll, Todd Cianfrocca, Greg Duvall, and Julio Valdivia will join Henry Schein, contributing their knowledge and expertise in the CGM sector and healthcare industry. Provident's deal team was led by Managing Director Kevin Palamara, and Robinson & Cole provided legal counsel to Acentus. The acquisition was publicly announced on November 20, 2024.
Mankind Pharma has agreed to give Catalyst Trusteeship Ltd 39.68% of its equity stake in Bharat Serums and Vaccines Ltd (BSV), a fully owned subsidiary, in exchange for non-convertible debentures (NCDs) valued at Rs 5,000 crore.
The action is in accordance with three debenture trust deeds that were signed on October 10 and that allowed for the issuance of Rs 5,000 crore worth of listed, graded, secured, redeemable, and transferable NCDs.
The November 14 formalization of the pledge agreement guarantees that BSV's equity shares will stay pledged until the NCDs are settled. For the interest of NCD holders, Catalyst Trusteeship will serve as the common security trustee.
Mankind Pharma declared in September that it would use commercial papers (CPs) and NCDs to raise up to Rs 10,000 crore through private placement.
The Islamic Development Bank (IsDB) today announced a significant grant allocation of US$ 10 million to WHO to execute the Health Impact Investment Platform (HIIP), as part of its commitment to the global initiative to strengthen primary health care and health systems resilience.
The HIIP is a ground-breaking partnership between WHO, Multilateral Development Banks (MDBs), and nations that require strong climate and health solutions. The investment in critical, climate- and crisis-resilient primary health care systems and services is the main goal of this effort. Its ultimate goal is to promote resilience against new health threats and climatic issues by strengthening the health system, particularly in low- and middle-income nations and underprivileged areas.
The IsDB grant of US$10 million will specifically help WHO's technical assistance to nations worldwide in determining their investment needs and creating the most effective health programs. The MDBs will use these projects as the basis for their co-investment, guaranteeing that funds are allocated to locations that have the best chance of producing favorable health results.
WHO wants member governments to contribute more money to a new global health plan to save 40 million lives. G20 meeting to increase pledges. According to a statement released by the UN health agency, the World Health Organization (WHO) is looking for more money from member states for its investment round to finance a new global health strategy.
Health ministers urged all members and partners to participate in a G20 conference hosted by Brazil on Saturday. According to the WHO statement, the G20 Leaders' Summit, which will be chaired by the president of Brazil and take place on November 18–19, will be a significant event where more G20 nations and other participants are anticipated to commit funds.
Disclaimer:
Type | Descriptive Analytics, Predictive Analytics, Prescriptive Analytics, Cognitive Analytics |
Application | Clinical Analytics, Financial Analytics, Operational & Administrative Analytics, Population Health Analytics |
Component | Services, Hardware, Software |
Deployment Model | On-premise, On-demand |
End-User | Payers, Providers, ACOs, HIEs, MCOs and TPAs |
List of Competitors | IBM (US), SAS Institute Inc. (US), Optum, Inc. (US), Cerner Corporation (US), Allscripts Healthcare, LLC (US), Cotiviti, Inc. (US), CitiusTech Inc (US), Health Catalyst (US), CVS Health (US), Inovalon (US), McKesson Corporation (US), MedeAnalytics, Inc. (US), Oracle (US), ExlService Holdings, Inc. (US), Gainwell (US), Wipro (US), Flatiron (US), Apixio (US), Enlitic, Inc. (US), Komodo Health, Inc. (US), HealthEC, LLC, Sema4 OpCo, Inc. (US), Evidation Health, Inc. (US), Insilico Medicine (US), Exscientia (UK), Aetion, Inc.(US), Premier (US) |
This chapter will help you gain GLOBAL Market Analysis of Healthcare Analytics. Further deep in this chapter, you will be able to review Global Healthcare Analytics Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Healthcare Analytics. Further deep in this chapter, you will be able to review North America Healthcare Analytics Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Healthcare Analytics. Further deep in this chapter, you will be able to review Europe Healthcare Analytics Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Healthcare Analytics. Further deep in this chapter, you will be able to review Asia Pacific Healthcare Analytics Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Healthcare Analytics. Further deep in this chapter, you will be able to review South America Healthcare Analytics Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Healthcare Analytics. Further deep in this chapter, you will be able to review Middle East and Africa Healthcare Analytics Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Healthcare Analytics. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
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Chapter 11 Market Split by Application Analysis 2019 -2031
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Chapter 12 Market Split by Component Analysis 2019 -2031
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Chapter 13 Market Split by Deployment Model Analysis 2019 -2031
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Chapter 14 Market Split by End-User Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Healthcare Analytics market
Chapter 15 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Descriptive Analytics have a significant impact on Healthcare Analytics market? |
What are the key factors affecting the Descriptive Analytics and Predictive Analytics of Healthcare Analytics Market? |
What is the CAGR/Growth Rate of Clinical Analytics during the forecast period? |
By type, which segment accounted for largest share of the global Healthcare Analytics Market? |
Which region is expected to dominate the global Healthcare Analytics Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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