Healthcare Analytics Market Size, Share, & Trends Analysis Report By Type (Descriptive, Predictive), By Component (Hardware, Services), By Delivery Mode (On-premises, Cloud-based), By Application, By End-use, And Segment Forecasts, 2020 - 2027

Healthcare Analytics Market Growth Growth & Trends Trends

The global healthcare analytics market size is expected to reach USD 46.1 billion by 2027 and is expected to expand at a CAGR of 7.5% over the forecast period, according to aew report by Grand View Research, Inc. Factors, such as risingumber of patient registries, increasing pressure to curb healthcare spending & improve patient outcomes, and extensive usage of big data, data-driven decision-making & Electronic Health Record (EHRs), are bolstering the market growth. For instance, In August 2020, CitrusTech announced the launch of support for Out-Of-Area (OOA) record collection projects specific to Blue Health Plans through its SCORE+ platform. The launch is aimed at simplifying payer-provider collaboration across states, according to the mandate announced by the Blue Cross Blue Shield Association in December 2019.

The descriptive analytics type segment accounted for the highest revenue share in 2019 owing to the increased adoption of these solutions in analyzing historical data and supporting organizations in improving their performance. On the other hand, predictive analytics is anticipated to be the fastest-growing segment during the forecast period owing to the benefits offered by this solution for effective decision-making to optimize healthcare delivery and reduce costs by eliminating waste, fraud, and abuse. In 2019, hardware segment accounted for the highest revenue share. On the other hand, services segment is anticipated to register the fastest growth owing to the prevailing trend of outsourcing among various organizations due to lack of IT professionals, growing adoption of cloud, and increasing awareness regarding healthcare analytics.

Based on delivery mode, on-premises accounted for the largest revenue share in 2019. This is attributed to the level of security & control, and ease of customization offered by ton-premises delivery mode. On the other hand, cloud-based delivery model is anticipated to be the fastest-growing segment during the forecast period owing to safe storage, extreme capacity flexibility, and the pay-as-you-go pricing facility offered by this model. The financial application segment accounted for the highest revenue share in 2019 owing to various initiatives, including FPS that aids in avoiding frauds & improper payments, and saving costs. Clinical applications is anticipated to be the fastest-growing segment from 2020 to 2027 due to the increasing development & deployment of these solutions for clinical applications to reduce medication errors and healthcare spending while increasing the access to clinical data.

In 2019, healthcare payers end-use segment led the global market. Payers are increasingly adopting these solutions to avoid blind spots and make the best business decisions for their organizations. However, the healthcare providers segment is anticipated to register the fastest CAGR during the forecast period owing to the surge in adoption among providers to offer right treatment at an effective price, which, in turn, aids in avoiding unnecessary treatment costs.orth America is estimated to be the largest regional market due to increasing demand for quality healthcare, improved infrastructure, growing focus on patient safety & care, and rising awareness about EHRs. Asia Pacific will register the highest CAGR from 2020 to 2027 owing to the growing geriatric population, increasing incidence of chronic diseases, and risingumber of government initiatives supporting the adoption of technology-driven tools in the region.

Healthcare Analytics Market Report Highlights

Healthcare analytics market size is anticipated to reach at USD 46.1 billion by 2027 owing to a rise in product demand for improving efficiency

The descriptive analytics type segment dominated the global market in 2019 owing to benefits offered by this solution in analyzing historical data to gain actionable insights

The hardware component type segment dominated the market in 2019 owing to increasing costs associated with the development and deployment of hardware components

On-premises was the leading delivery mode segment in 2019 owing to enhanced security & control offered by the delivery modePlease note: The report will be updated with the latest data and delivered to you within 2-3 business days.


Chapter 1. Methodology and Scope
1.1. Information Procurement
1.1.1. Purchased Database
1.1.2. GVR’s Internal Database
1.2. Data Analysis
1.3. Market Formulation & Validation
1.4. Approaches for Market Estimation
1.4.1. Approach 1: Commodity Flow & Bottom Up Approach
1.4.2. Approach 2: Top Down and Parent Market Analysis
Chapter 2. Executive Summary
2.1. Market Snapshot
Chapter 3. Healthcare Analytics Market Variables, Trends & Scope
3.1. Market Segmentation & Scope
3.2. Market Driver Analysis
3.2.1. Pressure to curb healthcare cost
3.2.2. Emergence of advanced healthcare analytics method
3.2.3. Growing demand of personalized medication and treatment
3.2.4. Rising impact of social media on healthcare
3.3. Market Restraint Analysis
3.3.1. Data privacy and theft issue
3.3.2. Lack of skilled professional
3.4. Penetration & Growth Prospect Mapping
3.5. SWOT Analysis, by Factor
3.5.1. Political
3.5.2. Economic
3.5.3. Technological
3.6. Industry Analysis - Porter’s
Chapter 4. Healthcare Analytics: Type Estimates & Trend Analysis
4.1. Healthcare Analytics Market Share, 2019 & 2027
4.2.Market Size, Estimates & Forecasts and Trend Analyses, 2014 to 2027 for the following types:
4.2.1. Descriptive analytics
4.2.1.1. Descriptive analytics market estimates and forecasts, 2014 to 2027
4.2.2. Predictive analytics
4.2.2.1. Predictive analytics market estimates and forecasts, 2014 to 2027
4.2.3. Prescriptive analytics
4.2.3.1. Prescriptive analytics market estimates and forecasts, 2014 to 2027
Chapter 5. Healthcare Analytics: Component Estimates & Trend Analysis
5.1. Healthcare Analytics Market Share, 2019 & 2027
5.2. Market Size, Estimates & Forecasts and Trend Analyses, 2014 to 2027 for the following component:
5.2.1. Hardware
5.2.1.1. Hardware market estimates and forecasts, 2014 to 2027
5.2.2. Software
5.2.2.1. Software market estimates and forecasts, 2014 to 2027
5.2.3. Services
5.2.3.1. Services market estimates and forecasts, 2014 to 2027
Chapter 6. Healthcare Analytics: Delivery Mode Estimates & Trend Analysis
6.1. Healthcare Analytics Market Share, 2019 & 2027
6.2. Market Size, Estimates & Forecasts and Trend Analyses, 2014 to 2027 for the following delivery mode:
6.2.1. On-premise
6.2.1.1. On-premise market estimates and forecasts, 2014 to 2027
6.2.2. Web-based
6.2.2.1. Web-based market estimates and forecasts, 2014 to 2027
6.2.3. Cloud-based
6.2.3.1. Cloud-based market estimates and forecasts, 2014 to 2027
Chapter 7. Healthcare Analytics: Application Estimates & Trend Analysis
7.1. Healthcare Analytics Market Share, 2019 & 2027
7.2. Market Size, Estimates & Forecasts and Trend Analyses, 2014 to 2027 for the following application:
7.2.1. Clinical
7.2.1.1. Clinical application market estimates and forecasts, 2014 to 2027
7.2.2. Financial
7.2.2.1. Financial applications market estimates and forecasts, 2014 to 2027
7.2.3. Operational and Administrative
7.2.3.1.Operational and administrative applications market estimates and forecasts, 2014 to 2027
Chapter 8. Healthcare Analytics: End-use Estimates & Trend Analysis
8.1. Healthcare Analytics Market Share, 2019 & 2027
8.2. Market Size, Estimates & Forecasts and Trend Analyses, 2014 to 2027 for the following end-use:
8.2.1. Healthcare Payers
8.2.1.1. Healthcare payers market estimates and forecasts, 2014 to 2027
8.2.2. Healthcare Providers
8.2.2.1. Healthcare providers market estimates and forecasts, 2014 to 2027
8.2.3. Lifescience Companies
8.2.3.1. Lifescience companies market estimates and forecasts, 2014 to 2027
Chapter 9. Healthcare Analytics: Regional Estimates & Trend Analysis
9.1. Radiation Oncology Regional Movement Analysis & Market Share, 2019 & 2027
9.2. North America
9.2.1. The U.S.
9.2.1.1. The U.S. revenue estimates and forecasts by, type, 2014 to 2027 (USD Million)
9.2.1.2. The U.S. revenue estimates and forecasts by, component, 2014 to 2027 (USD Million)
9.2.1.3. The U.S. revenue estimates and forecasts by, delivery mode, 2014 to 2027 (USD Million)
9.2.1.4. The U.S. revenue estimates and forecasts by, application, 2014 to 2027 (USD Million)
9.2.1.5. The U.S. revenue estimates and forecasts by, end-use, 2014 to 2027 (USD Million)
9.2.2. Canada
9.2.2.1. Canada revenue estimates and forecasts by, type, 2014 to 2027 (USD Million)
9.2.2.2. Canada revenue estimates and forecasts by, component, 2014 to 2027 (USD Million)
9.2.2.3. Canada revenue estimates and forecasts by, delivery mode, 2014 to 2027 (USD Million)
9.2.2.4. Canada revenue estimates and forecasts by, application, 2014 to 2027 (USD Million)
9.2.2.5. Canada revenue estimates and forecasts by, end-use, 2014 to 2027 (USD Million)
9.3. Europe
9.3.1. The U.K.
9.3.1.1. The U.K. revenue estimates and forecasts by, type, 2014 to 2027 (USD Million)
9.3.1.2. The U.K. revenue estimates and forecasts by, component, 2014 to 2027 (USD Million)
9.3.1.3. The U.K. revenue estimates and forecasts by, delivery mode, 2014 to 2027 (USD Million)
9.3.1.4. The U.K. revenue estimates and forecasts by, application, 2014 to 2027 (USD Million)
9.3.1.5. The U.K. revenue estimates and forecasts by, end-use, 2014 to 2027 (USD Million)
9.3.2. Spain
9.3.2.1. Spain revenue estimates and forecasts by, type, 2014 to 2027 (USD Million)
9.3.2.2. Spain revenue estimates and forecasts by, component, 2014 to 2027 (USD Million)
9.3.2.3. Spain revenue estimates and forecasts by, delivery mode, 2014 to 2027 (USD Million)
9.3.2.4. Spain revenue estimates and forecasts by, application, 2014 to 2027 (USD Million)
9.3.2.5. Spain revenue estimates and forecasts by, end-use, 2014 to 2027 (USD Million)
9.3.3. Germany
9.3.3.1. Germany revenue estimates and forecasts by, type, 2014 to 2027 (USD Million)
9.3.3.2. Germany revenue estimates and forecasts by, component, 2014 to 2027 (USD Million)
9.3.3.3. Germany revenue estimates and forecasts by, delivery mode, 2014 to 2027 (USD Million)
9.3.3.4. Germany revenue estimates and forecasts by, application, 2014 to 2027 (USD Million)
9.3.3.5. Germany revenue estimates and forecasts by, end-use, 2014 to 2027 (USD Million)
9.3.4. France
9.3.4.1. France revenue estimates and forecasts by, type, 2014 to 2027 (USD Million)
9.3.4.2. France revenue estimates and forecasts by, component, 2014 to 2027 (USD Million)
9.3.4.3. France revenue estimates and forecasts by, delivery mode, 2014 to 2027 (USD Million)
9.3.4.4. France revenue estimates and forecasts by, application, 2014 to 2027 (USD Million)
9.3.4.5. France revenue estimates and forecasts by, end-use, 2014 to 2027 (USD Million)
9.3.5. Italy
9.3.5.1. Italy revenue estimates and forecasts by, type, 2014 to 2027 (USD Million)
9.3.5.2. Italy revenue estimates and forecasts by, component, 2014 to 2027 (USD Million)
9.3.5.3. Italy revenue estimates and forecasts by, delivery mode, 2014 to 2027 (USD Million)
9.3.5.4. Italy revenue estimates and forecasts by, application, 2014 to 2027 (USD Million)
9.3.5.5. Italy revenue estimates and forecasts by, end-use, 2014 to 2027 (USD Million)
9.4. Asia Pacific
9.4.1. Japan
9.4.1.1. Japan revenue estimates and forecasts by, type, 2014 to 2027 (USD Million)
9.4.1.2. Japan revenue estimates and forecasts by, component, 2014 to 2027 (USD Million)
9.4.1.3. Japan revenue estimates and forecasts by, delivery mode, 2014 to 2027 (USD Million)
9.4.1.4. Japan revenue estimates and forecasts by, application, 2014 to 2027 (USD Million)
9.4.1.5. Japan revenue estimates and forecasts by, end-use, 2014 to 2027 (USD Million)
9.4.2. China
9.4.2.1. China revenue estimates and forecasts by, type, 2014 to 2027 (USD Million)
9.4.2.2. China revenue estimates and forecasts by, component, 2014 to 2027 (USD Million)
9.4.2.3. China revenue estimates and forecasts by, delivery mode, 2014 to 2027 (USD Million)
9.4.2.4. China revenue estimates and forecasts by, application, 2014 to 2027 (USD Million)
9.4.2.5. China revenue estimates and forecasts by, end-use, 2014 to 2027 (USD Million)
9.4.3. India
9.4.3.1. India revenue estimates and forecasts by, type, 2014 to 2027 (USD Million)
9.4.3.2. India revenue estimates and forecasts by, component, 2014 to 2027 (USD Million)
9.4.3.3. India revenue estimates and forecasts by, delivery mode, 2014 to 2027 (USD Million)
9.4.3.4. India revenue estimates and forecasts by, application, 2014 to 2027 (USD Million)
9.4.3.5. India revenue estimates and forecasts by, end-use, 2014 to 2027 (USD Million)
9.4.4. South Korea
9.4.4.1. South Korea revenue estimates and forecasts by, type, 2014 to 2027 (USD Million)
9.4.4.2. South Korea revenue estimates and forecasts by, component, 2014 to 2027 (USD Million)
9.4.4.3. South Korea revenue estimates and forecasts by, delivery mode, 2014 to 2027 (USD Million)
9.4.4.4. South Korea revenue estimates and forecasts by, application, 2014 to 2027 (USD Million)
9.4.4.5. South Korea revenue estimates and forecasts by, end-use, 2014 to 2027 (USD Million)
9.5. Latin America
9.5.1. Brazil
9.5.1.1. Brazil revenue estimates and forecasts by, type, 2014 to 2027 (USD Million)
9.5.1.2. Brazil revenue estimates and forecasts by, component, 2014 to 2027 (USD Million)
9.5.1.3. Brazil revenue estimates and forecasts by, delivery mode, 2014 to 2027 (USD Million)
9.5.1.4. Brazil revenue estimates and forecasts by, application, 2014 to 2027 (USD Million)
9.5.1.5. Brazil revenue estimates and forecasts by, end-use, 2014 to 2027 (USD Million)
9.5.2. Mexico
9.5.2.1. Mexico revenue estimates and forecasts by, type, 2014 to 2027 (USD Million)
9.5.2.2. Mexico revenue estimates and forecasts by, component, 2014 to 2027 (USD Million)
9.5.2.3. Mexico revenue estimates and forecasts by, delivery mode, 2014 to 2027 (USD Million)
9.5.2.4. Mexico revenue estimates and forecasts by, application, 2014 to 2027 (USD Million)
9.5.2.5. Mexico revenue estimates and forecasts by, end-use, 2014 to 2027 (USD Million)
9.6. MEA
9.6.1. South Africa
9.6.1.1. South Africa revenue estimates and forecasts by, type, 2014 to 2027 (USD Million)
9.6.1.2. South Africa revenue estimates and forecasts by, component, 2014 to 2027 (USD Million)
9.6.1.3. South Africa revenue estimates and forecasts by, delivery mode, 2014 to 2027 (USD Million)
9.6.1.4. South Africa revenue estimates and forecasts by, application, 2014 to 2027 (USD Million)
9.6.1.5. South Africa revenue estimates and forecasts by, end-use, 2014 to 2027 (USD Million)
9.6.2. Saudi Arabia
9.6.2.1. Saudi Arabia revenue estimates and forecasts by, type, 2014 to 2027 (USD Million)
9.6.2.2. Saudi Arabia revenue estimates and forecasts by, component, 2014 to 2027 (USD Million)
9.6.2.3. Saudi Arabia revenue estimates and forecasts by, delivery mode, 2014 to 2027 (USD Million)
9.6.2.4. Saudi Arabia revenue estimates and forecasts by, application, 2014 to 2027 (USD Million)
9.6.2.5. Saudi Arabia revenue estimates and forecasts by, end-use, 2014 to 2027 (USD Million)
9.6.3. UAE
9.6.3.1. UAE revenue estimates and forecasts by, type, 2014 to 2027 (USD Million)
9.6.3.2. UAE revenue estimates and forecasts by, component, 2014 to 2027 (USD Million)
9.6.3.3. UAE revenue estimates and forecasts by, delivery mode, 2014 to 2027 (USD Million)
9.6.3.4. UAE revenue estimates and forecasts by, application, 2014 to 2027 (USD Million)
9.6.3.5. UAE revenue estimates and forecasts by, end-use, 2014 to 2027 (USD Million)
Chapter 10. Competitive Landscape
10.1. Company Profiles
10.1.1. IBM Corporation
10.1.1.1. Company overview
10.1.1.2. Financial performance
10.1.1.3. Product benchmarking
10.1.1.4. Strategic initiatives
10.1.2. OptumHealth, Inc.
10.1.2.1. Company overview
10.1.2.2. Financial performance
10.1.2.3. Product benchmarking
10.1.2.4. Strategic initiatives
10.1.3. Oracle Corporation
10.1.3.1. Company overview
10.1.3.2. Financial performance
10.1.3.3. Product benchmarking
10.1.3.4. Strategic initiatives
10.1.4. VeriskAnalytics, Inc.
10.1.4.1. Company overview
10.1.4.2. Financial performance
10.1.4.3. Product benchmarking
10.1.4.4. Strategic initiatives
10.1.5. MEDai, Inc.
10.1.5.1. Company overview
10.1.5.2. Financial performance
10.1.5.3. Product benchmarking
10.1.5.4. Strategic initiatives
10.1.6. MedeAnalytics, Inc.
10.1.6.1. Company overview
10.1.6.2. Financial performance
10.1.6.3. Product benchmarking
10.1.6.4. Strategic initiatives
10.1.7. McKesson Corporation
10.1.7.1. Company overview
10.1.7.2. Financial performance
10.1.7.3. Product benchmarking
10.1.7.4. Strategic initiatives
10.1.8. Truven Health Analytics, Inc.
10.1.8.1. Company overview
10.1.8.2. Financial performance
10.1.8.3. Product benchmarking
10.1.8.4. Strategic initiatives
10.1.9. Allscripts Healthcare Solutions, Inc.
10.1.9.1. Company overview
10.1.9.2. Financial performance
10.1.9.3. Product benchmarking
10.1.9.4. Strategic initiatives
10.1.10. CernerCorporation
10.1.10.1. Company overview
10.1.10.2. Financial performance
10.1.10.3. Product benchmarking
10.1.10.4. Strategic initiatives
10.1.11. SAS Institute, Inc.
10.1.11.1. Company overview
10.1.11.2. Financial performance
10.1.11.3. Product benchmarking
10.1.11.4. Strategic initiatives

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