Healthcare Analytics Market Analysis To 2025 - Growing Popularity and Emerging Trends
Category: #healthcare  By Ronak Bora  Date: 2021-03-15
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Healthcare Analytics Market Analysis To 2025 - Growing Popularity and Emerging Trends

Healthcare analytics market will be positively driven by the increasing adoption of big data to facilitate various operations in healthcare. A significant shift from hand-written scripts and charts to real-time tracking of electronic health records (EHR) has led to accumulation of excessive digital data. There is a surge in investments collected through venture capital funds for healthcare analytics.

The ongoing healthcare crisis has prompted global healthcare leaders to proceed with the creation of clean and quality datasets for the purpose of algorithm development. In March 2020, the White House Office of Science and Technology Policy issued a call to action for experts to build AI tools that could be effectively applied to a novel COVID-19 dataset.

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Healthcare analytics market size from clinical management is anticipated to reach over USD 5.68 billion by 2025. This is due to the intense requirement of healthcare organizations to refine their operational efficiencies. Furthermore, the rising implementation of healthcare analytics solutions aids in preventable care while mitigating readmissions.

Surging requirement of healthcare organizations for the improvement of operational efficiencies is expected to facilitate clinical management applications in capturing the healthcare analytics market over 2019-2025.

U.S. held the largest revenue share for use of various healthcare analytic platforms in 2018 and the market is expected to record a 12.5% CAGR up to 2025. This can be attributed to the rising abilities of consumers to spend on healthcare. This, along with the mount in funds from venture capital investments, technological developments and the incessant need for better quality healthcare will promulgate the regional demand for healthcare analytics.

The present coronavirus pandemic has also influenced the market forecast to a significant extent. McKesson Corporation, Cerner Corporation, Allscripts Healthcare Solutions, Computer Programs and Systems, IBM, OptumHealth, Athenahealth, GE Healthcare, Evolent Health, Inovalon, Tenet Healthcare Corporation, Influence Health, and Change Healthcare are some of the leading solution providers.

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Partial Chapter of the Table of Content

Chapter 4. Healthcare Analytics Market, By Product

4.1. Key segment trends

4.2. Descriptive Analytics

4.2.1. Market size, by region, 2014 – 2025 (USD Million)

4.3. Predictive Analytics

4.3.1. Market size, by region, 2014 – 2025 (USD Million)

4.4. Prescriptive Analytics

4.4.1. Market size, by region, 2014 – 2025 (USD Million)

Chapter 5. Healthcare Analytics Market, By Application

5.1. Key segment trends

5.2. Operations Management

5.2.1. Market size, by region, 2014 – 2025 (USD Million)

5.3. Financial Management

5.3.1. Market size, by region, 2014 – 2025 (USD Million)

5.4. Population Health Management

5.4.1. Market size, by region, 2014 – 2025 (USD Million)

5.5. Clinical Management

5.5.1. Healthcare Analytics Market size, by region, 2014 – 2025 (USD Million)

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About Author

Ronak Bora    

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and spo...

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