Healthcare Analytics Market Is Likely to Experience a Strong Growth During 2022-2026

The Healthcare Analytics market is projected to grow from USD 23.6 billion in 2020 to USD 68.6 billion by 2026 at a CAGR of over 19.8% during the forecast period.

Stratview Research has published a new report titled “Healthcare Analytics Market” which is segmented By Type (Descriptive Analytics, Predictive Analytics, Prescriptive Analytics), By Component (Hardware, Software, Service) By Application (Financial Analysis, Operational Administrative Analysis, Clinical Analysis) By End-use (Healthcare Payers, Healthcare Providers, Other), and Region.

Report Highlights

This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the market dynamics of the industry. It provides thorough analysis of the market segments which include products, applications, and competitor analysis.

The market is bifurcated into various segments. Below given is the segment-wise analysis -

End User Trends

Based on end user, the Healthcare Analytics market has been classified into Healthcare Payers, Healthcare Providers, Other. Healthcare Payers accounted largest segment. This is due to the increasing use of analytical solutions by life science companies to improve product accuracy and efficacy.

Which Region is expected to remain the largest market?

By region, the Healthcare Analytics market in North America accounted for the largest market share in 2020. North America's dominance in the healthcare analytics market can be attributed to the implementation of federal health mandates encouraging the adoption of HCIT solutions, an increased focus on PHM, significant VC investments, growing pressure to reduce healthcare costs, technological advancements, and high product and service availability in this region.

Who are the Key Players in the Market?

This report provides market intelligence in the most comprehensive way. It also provides critical insights into the key players active in the market, that will enable strategic decision-making for the existing market players as well as those willing to enter the market.

The following are the key players activen in the Healthcare Analytics Market:

  • IBM (US)
  • Optum (US)
  • Cerner (US)
  • SAS Institute (US)
  • Allscripts (US)
  • McKesson (US)
  • MedeAnalytics (US)

Key questions answered by the report

  • What is the projected CAGR for revenue from the Healthcare Analytics Market during the forecast period?
  • What would be the market be valued at by 2027?
  • What is a major driving factor for growth of the market?
  • Which region accounted for largest revenue share in the Healthcare Analytics Market?
  • Which are the major market players?

Custom Research:

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About Us

Stratview Research is a global market research firm, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with insightful market data to aid strategic decision making. These exclusive reports are the result of exclusive research methodology and are available for key industries such as chemicals, composites, advanced materials, technology, renewable energy, and more.


James McGill

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