Product Code: IRTNTR71379
The healthcare analytics market is forecasted to grow by USD 66537.33 mn during 2023-2028, accelerating at a CAGR of 24.79% during the forecast period. The report on the healthcare analytics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growing integration of big data with healthcare analytics, increasing adoption of EHRs, and the presence of favorable government initiatives.
Technavio's healthcare analytics market is segmented as below:
Market Scope |
Base Year | 2022 |
End Year | 2027 |
Series Year | 2023-2027 |
Growth Momentum | Accelerate |
YOY 2023 | 20.86% |
CAGR | 24.79% |
Incremental Value | $66537.33mn |
By Component
- Services
- Software
- Hardware
By Deployment
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the increasing use of internet-enabled mobile devices in healthcare as one of the prime reasons driving the healthcare analytics market growth during the next few years. Also, emergence of ai-enabled emotion recognition technologies and growing number of acquisitions and partnerships will lead to sizable demand in the market.
The report on the healthcare analytics market covers the following areas:
- Healthcare analytics market sizing
- Healthcare analytics market forecast
- Healthcare analytics market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading healthcare analytics market vendors that include ALLSCRIPTS HEALTHCARE SOLUTIONS INC., Avgi Solutions Inc., Cerner Corp., CitiusTech Healthcare Technology Pvt. Ltd., Cotiviti Inc., ExlService Holdings Inc., Gainwell Technologies LLC, General Electric Co., Health Catalyst Inc., Inovalon, International Business Machines Corp., IQVIA Holdings Inc., Komodo Health Inc., McKesson Corp., Medeanalytics Inc., Oracle Corp., RELX Plc, SAS Institute Inc., UnitedHealth Group Inc., and Wipro Ltd.. Also, the healthcare analytics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary - Chart on Market Overview
- Exhibit 02: Executive Summary - Data Table on Market Overview
- Exhibit 03: Executive Summary - Chart on Global Market Characteristics
- Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
- Exhibit 05: Executive Summary - Chart on Market Segmentation by Component
- Exhibit 06: Executive Summary - Chart on Market Segmentation by Deployment
- Exhibit 07: Executive Summary - Chart on Incremental Growth
- Exhibit 08: Executive Summary - Data Table on Incremental Growth
- Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2023
- 3.4 Market outlook: Forecast for 2023-2028
- Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
- 4.1 Global healthcare analytics market 2018 - 2022
- Exhibit 18: Historic Market Size - Data Table on global healthcare analytics market 2018 - 2022 ($ million)
- 4.2 Component Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size - Component Segment 2018 - 2022 ($ million)
- 4.3 Deployment Segment Analysis 2018 - 2022
- Exhibit 20: Historic Market Size - Deployment Segment 2018 - 2022 ($ million)
- 4.4 Geography Segment Analysis 2018 - 2022
- Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
- 4.5 Country Segment Analysis 2018 - 2022
- Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Component
- 6.1 Market segments
- Exhibit 30: Chart on Component - Market share 2023-2028 (%)
- Exhibit 31: Data Table on Component - Market share 2023-2028 (%)
- 6.2 Comparison by Component
- Exhibit 32: Chart on Comparison by Component
- Exhibit 33: Data Table on Comparison by Component
- 6.3 Services - Market size and forecast 2023-2028
- Exhibit 34: Chart on Services - Market size and forecast 2023-2028 ($ million)
- Exhibit 35: Data Table on Services - Market size and forecast 2023-2028 ($ million)
- Exhibit 36: Chart on Services - Year-over-year growth 2023-2028 (%)
- Exhibit 37: Data Table on Services - Year-over-year growth 2023-2028 (%)
- 6.4 Software - Market size and forecast 2023-2028
- Exhibit 38: Chart on Software - Market size and forecast 2023-2028 ($ million)
- Exhibit 39: Data Table on Software - Market size and forecast 2023-2028 ($ million)
- Exhibit 40: Chart on Software - Year-over-year growth 2023-2028 (%)
- Exhibit 41: Data Table on Software - Year-over-year growth 2023-2028 (%)
- 6.5 Hardware - Market size and forecast 2023-2028
- Exhibit 42: Chart on Hardware - Market size and forecast 2023-2028 ($ million)
- Exhibit 43: Data Table on Hardware - Market size and forecast 2023-2028 ($ million)
- Exhibit 44: Chart on Hardware - Year-over-year growth 2023-2028 (%)
- Exhibit 45: Data Table on Hardware - Year-over-year growth 2023-2028 (%)
- 6.6 Market opportunity by Component
- Exhibit 46: Market opportunity by Component ($ million)
- Exhibit 47: Data Table on Market opportunity by Component ($ million)
7 Market Segmentation by Deployment
- 7.1 Market segments
- Exhibit 48: Chart on Deployment - Market share 2023-2028 (%)
- Exhibit 49: Data Table on Deployment - Market share 2023-2028 (%)
- 7.2 Comparison by Deployment
- Exhibit 50: Chart on Comparison by Deployment
- Exhibit 51: Data Table on Comparison by Deployment
- 7.3 On-premise - Market size and forecast 2023-2028
- Exhibit 52: Chart on On-premise - Market size and forecast 2023-2028 ($ million)
- Exhibit 53: Data Table on On-premise - Market size and forecast 2023-2028 ($ million)
- Exhibit 54: Chart on On-premise - Year-over-year growth 2023-2028 (%)
- Exhibit 55: Data Table on On-premise - Year-over-year growth 2023-2028 (%)
- 7.4 Cloud-based - Market size and forecast 2023-2028
- Exhibit 56: Chart on Cloud-based - Market size and forecast 2023-2028 ($ million)
- Exhibit 57: Data Table on Cloud-based - Market size and forecast 2023-2028 ($ million)
- Exhibit 58: Chart on Cloud-based - Year-over-year growth 2023-2028 (%)
- Exhibit 59: Data Table on Cloud-based - Year-over-year growth 2023-2028 (%)
- 7.5 Market opportunity by Deployment
- Exhibit 60: Market opportunity by Deployment ($ million)
- Exhibit 61: Data Table on Market opportunity by Deployment ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 63: Chart on Market share By Geographical Landscape 2023-2028 (%)
- Exhibit 64: Data Table on Market share By Geographical Landscape 2023-2028 (%)
- 9.2 Geographic comparison
- Exhibit 65: Chart on Geographic comparison
- Exhibit 66: Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2023-2028
- Exhibit 67: Chart on North America - Market size and forecast 2023-2028 ($ million)
- Exhibit 68: Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Exhibit 69: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibit 70: Data Table on North America - Year-over-year growth 2023-2028 (%)
- 9.4 Europe - Market size and forecast 2023-2028
- Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 9.5 APAC - Market size and forecast 2023-2028
- Exhibit 75: Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Exhibit 76: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Exhibit 77: Chart on APAC - Year-over-year growth 2023-2028 (%)
- Exhibit 78: Data Table on APAC - Year-over-year growth 2023-2028 (%)
- 9.6 South America - Market size and forecast 2023-2028
- Exhibit 79: Chart on South America - Market size and forecast 2023-2028 ($ million)
- Exhibit 80: Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Exhibit 81: Chart on South America - Year-over-year growth 2023-2028 (%)
- Exhibit 82: Data Table on South America - Year-over-year growth 2023-2028 (%)
- 9.7 Middle East and Africa - Market size and forecast 2023-2028
- Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- 9.8 US - Market size and forecast 2023-2028
- Exhibit 87: Chart on US - Market size and forecast 2023-2028 ($ million)
- Exhibit 88: Data Table on US - Market size and forecast 2023-2028 ($ million)
- Exhibit 89: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibit 90: Data Table on US - Year-over-year growth 2023-2028 (%)
- 9.9 UK - Market size and forecast 2023-2028
- Exhibit 91: Chart on UK - Market size and forecast 2023-2028 ($ million)
- Exhibit 92: Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Exhibit 93: Chart on UK - Year-over-year growth 2023-2028 (%)
- Exhibit 94: Data Table on UK - Year-over-year growth 2023-2028 (%)
- 9.10 China - Market size and forecast 2023-2028
- Exhibit 95: Chart on China - Market size and forecast 2023-2028 ($ million)
- Exhibit 96: Data Table on China - Market size and forecast 2023-2028 ($ million)
- Exhibit 97: Chart on China - Year-over-year growth 2023-2028 (%)
- Exhibit 98: Data Table on China - Year-over-year growth 2023-2028 (%)
- 9.11 Germany - Market size and forecast 2023-2028
- Exhibit 99: Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Exhibit 100: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Exhibit 101: Chart on Germany - Year-over-year growth 2023-2028 (%)
- Exhibit 102: Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 9.12 Japan - Market size and forecast 2023-2028
- Exhibit 103: Chart on Japan - Market size and forecast 2023-2028 ($ million)
- Exhibit 104: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
- Exhibit 105: Chart on Japan - Year-over-year growth 2023-2028 (%)
- Exhibit 106: Data Table on Japan - Year-over-year growth 2023-2028 (%)
- 9.13 Market opportunity By Geographical Landscape
- Exhibit 107: Market opportunity By Geographical Landscape ($ million)
- Exhibit 108: Data Tables on Market opportunity By Geographical Landscape ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 109: Impact of drivers and challenges in 2023 and 2028
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 111: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 112: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 113: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 114: Matrix on vendor position and classification
- 12.3 ALLSCRIPTS HEALTHCARE SOLUTIONS INC.
- Exhibit 115: ALLSCRIPTS HEALTHCARE SOLUTIONS INC. - Overview
- Exhibit 116: ALLSCRIPTS HEALTHCARE SOLUTIONS INC. - Business segments
- Exhibit 117: ALLSCRIPTS HEALTHCARE SOLUTIONS INC. - Key news
- Exhibit 118: ALLSCRIPTS HEALTHCARE SOLUTIONS INC. - Key offerings
- Exhibit 119: ALLSCRIPTS HEALTHCARE SOLUTIONS INC. - Segment focus
- 12.4 Cerner Corp.
- Exhibit 120: Cerner Corp. - Overview
- Exhibit 121: Cerner Corp. - Business segments
- Exhibit 122: Cerner Corp. - Key offerings
- Exhibit 123: Cerner Corp. - Segment focus
- 12.5 CitiusTech Healthcare Technology Pvt. Ltd.
- Exhibit 124: CitiusTech Healthcare Technology Pvt. Ltd. - Overview
- Exhibit 125: CitiusTech Healthcare Technology Pvt. Ltd. - Product / Service
- Exhibit 126: CitiusTech Healthcare Technology Pvt. Ltd. - Key offerings
- 12.6 Cotiviti Inc.
- Exhibit 127: Cotiviti Inc. - Overview
- Exhibit 128: Cotiviti Inc. - Product / Service
- Exhibit 129: Cotiviti Inc. - Key offerings
- 12.7 ExlService Holdings Inc.
- Exhibit 130: ExlService Holdings Inc. - Overview
- Exhibit 131: ExlService Holdings Inc. - Business segments
- Exhibit 132: ExlService Holdings Inc. - Key news
- Exhibit 133: ExlService Holdings Inc. - Key offerings
- Exhibit 134: ExlService Holdings Inc. - Segment focus
- 12.8 Health Catalyst Inc.
- Exhibit 135: Health Catalyst Inc. - Overview
- Exhibit 136: Health Catalyst Inc. - Business segments
- Exhibit 137: Health Catalyst Inc. - Key offerings
- Exhibit 138: Health Catalyst Inc. - Segment focus
- 12.9 Inovalon
- Exhibit 139: Inovalon - Overview
- Exhibit 140: Inovalon - Product / Service
- Exhibit 141: Inovalon - Key offerings
- 12.10 International Business Machines Corp.
- Exhibit 142: International Business Machines Corp. - Overview
- Exhibit 143: International Business Machines Corp. - Business segments
- Exhibit 144: International Business Machines Corp. - Key news
- Exhibit 145: International Business Machines Corp. - Key offerings
- Exhibit 146: International Business Machines Corp. - Segment focus
- 12.11 IQVIA Holdings Inc.
- Exhibit 147: IQVIA Holdings Inc. - Overview
- Exhibit 148: IQVIA Holdings Inc. - Business segments
- Exhibit 149: IQVIA Holdings Inc. - Key news
- Exhibit 150: IQVIA Holdings Inc. - Key offerings
- Exhibit 151: IQVIA Holdings Inc. - Segment focus
- 12.12 McKesson Corp.
- Exhibit 152: McKesson Corp. - Overview
- Exhibit 153: McKesson Corp. - Business segments
- Exhibit 154: McKesson Corp. - Key offerings
- Exhibit 155: McKesson Corp. - Segment focus
- 12.13 Medeanalytics Inc.
- Exhibit 156: Medeanalytics Inc. - Overview
- Exhibit 157: Medeanalytics Inc. - Product / Service
- Exhibit 158: Medeanalytics Inc. - Key offerings
- 12.14 Oracle Corp.
- Exhibit 159: Oracle Corp. - Overview
- Exhibit 160: Oracle Corp. - Business segments
- Exhibit 161: Oracle Corp. - Key news
- Exhibit 162: Oracle Corp. - Key offerings
- Exhibit 163: Oracle Corp. - Segment focus
- 12.15 SAS Institute Inc.
- Exhibit 164: SAS Institute Inc. - Overview
- Exhibit 165: SAS Institute Inc. - Product / Service
- Exhibit 166: SAS Institute Inc. - Key news
- Exhibit 167: SAS Institute Inc. - Key offerings
- 12.16 UnitedHealth Group Inc.
- Exhibit 168: UnitedHealth Group Inc. - Overview
- Exhibit 169: UnitedHealth Group Inc. - Business segments
- Exhibit 170: UnitedHealth Group Inc. - Key news
- Exhibit 171: UnitedHealth Group Inc. - Key offerings
- Exhibit 172: UnitedHealth Group Inc. - Segment focus
- 12.17 Wipro Ltd.
- Exhibit 173: Wipro Ltd. - Overview
- Exhibit 174: Wipro Ltd. - Business segments
- Exhibit 175: Wipro Ltd. - Key news
- Exhibit 176: Wipro Ltd. - Key offerings
- Exhibit 177: Wipro Ltd. - Segment focus
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 178: Inclusions checklist
- Exhibit 179: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 180: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 181: Research methodology
- Exhibit 182: Validation techniques employed for market sizing
- Exhibit 183: Information sources
- 13.5 List of abbreviations
- Exhibit 184: List of abbreviations