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Healthcare Predictive Analytics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global healthcare predictive analytics market reached a value of US$ 6.32 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 22.59 Billion by 2027, exhibiting a CAGR of 22.40% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Healthcare predictive analytics refers to advanced software that automatically analyzes data to improve the overall patient outcomes and provides more effective care. It is widely used for remote monitoring, diagnosis, treatment course design, prognosis, clinical decision support, care quality improvement, and care cost reduction purposes. It can store large amounts of data, predict a patient's response and provide a more personalized healthcare experience. Healthcare predictive analytics aids in improving patient healthcare, easing patient diagnosis, detecting patients at higher risks, gaining better insights and enabling healthcare practitioners to make well-informed decisions. Furthermore, the software functions are based on the patient's environment, risk factors, genetics and medical history.

Healthcare Predictive Analytics Market Trends:

The significant growth in the healthcare industry across the globe is creating a positive outlook for the market. Healthcare predictive analytics is widely adopted to improve efficiency in clinical operations and health outcomes through enhanced care and patient engagement. In line with this, the increasing adoption of electronic health record (EHR) systems to help in the management of patient outcomes and provide accurate, up-to-date, and complete information is favoring the market growth. Apart from this, various advancements in technology, such as the integration of the internet of things (IoT) and big data that assists in collecting patient records and test results, analyzing disease patterns, and increasing patient comfort and convenience, are providing an impetus to the market growth. Additionally, the extensive utilization of the software by healthcare payers due to its cost-effectiveness, reduced number of unnecessary tests, fraud detection and improved decision-making is positively impacting the market growth. Other factors, including the increasing geriatric population prone to chronic diseases, significant improvements in healthcare infrastructure, and the implementation of various government initiatives on improving population health management, are anticipated to drive the market further toward growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global healthcare predictive analytics market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product, deployment mode, application and end user.

Breakup by Product:

  • Hardware
  • Software and Services
     

Breakup by Deployment Mode:

  • On-premises
  • Cloud-based
     

Breakup by Application:

  • Clinical Data Analytics
  • Financial Data Analytics
  • Research Data Analytics
  • Operations Management
  • Others
     

Breakup by End User:

  • Healthcare Payer
  • Healthcare Provider
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Allscripts Healthcare Solutions Inc., Cerner Corporation, IBM Corporation, McKesson Corporation, MedeAnalytics Inc., Microsoft Corporation, Oracle Corporation, SAS Institute Inc., UnitedHealth Group Incorporated and Verisk Analytics.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Product, Deployment Mode, Application, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Allscripts Healthcare Solutions Inc., Cerner Corporation, IBM Corporation, McKesson Corporation, MedeAnalytics Inc., Microsoft Corporation, Oracle Corporation, SAS Institute Inc., UnitedHealth Group Incorporated and Verisk Analytics.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global healthcare predictive analytics market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global healthcare predictive analytics market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product?
  • What is the breakup of the market based on the deployment mode?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the end user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global healthcare predictive analytics market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Healthcare Predictive Analytics Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Product
    6.1    Hardware
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Software and Services
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Deployment Mode
    7.1    On-premises
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Cloud-based
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by Application
    8.1    Clinical Data Analytics
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Financial Data Analytics
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Research Data Analytics
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Operations Management
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Others
        8.5.1 Market Trends
        8.5.2 Market Forecast
9    Market Breakup by End User
    9.1    Healthcare Payer
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Healthcare Provider
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Others
        9.3.1 Market Trends
        9.3.2 Market Forecast
10    Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia-Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis

    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Price Analysis
15    Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    Allscripts Healthcare Solutions Inc.
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio
           15.3.1.3 Financials
           15.3.1.4 SWOT Analysis
        15.3.2    Cerner Corporation
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio
           15.3.2.3 Financials
           15.3.2.4 SWOT Analysis
        15.3.3    IBM Corporation
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio
           15.3.3.3 Financials
           15.3.3.4 SWOT Analysis
        15.3.4    McKesson Corporation
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio
           15.3.4.3 Financials
           15.3.4.4 SWOT Analysis
        15.3.5    MedeAnalytics Inc.
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio
        15.3.6    Microsoft Corporation
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio
           15.3.6.3 Financials
           15.3.6.4 SWOT Analysis
        15.3.7    Oracle Corporation
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio
           15.3.7.3 Financials
           15.3.7.4 SWOT Analysis
        15.3.8    SAS Institute Inc.
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio
           15.3.8.3 SWOT Analysis
        15.3.9    UnitedHealth Group Incorporated
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio
           15.3.9.3 Financials
           15.3.9.4 SWOT Analysis
        15.3.10    Verisk Analytics
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio
           15.3.10.3 Financials
           15.3.10.4 SWOT Analysis

List of Figures

Figure 1: Global: Healthcare Predictive Analytics Market: Major Drivers and Challenges
Figure 2: Global: Healthcare Predictive Analytics Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Healthcare Predictive Analytics Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Healthcare Predictive Analytics Market: Breakup by Product (in %), 2021
Figure 5: Global: Healthcare Predictive Analytics Market: Breakup by Deployment Mode (in %), 2021
Figure 6: Global: Healthcare Predictive Analytics Market: Breakup by Application (in %), 2021
Figure 7: Global: Healthcare Predictive Analytics Market: Breakup by End User (in %), 2021
Figure 8: Global: Healthcare Predictive Analytics Market: Breakup by Region (in %), 2021
Figure 9: Global: Healthcare Predictive Analytics (Hardware) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Healthcare Predictive Analytics (Hardware) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Healthcare Predictive Analytics (Software and Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Healthcare Predictive Analytics (Software and Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Healthcare Predictive Analytics (On-premises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Healthcare Predictive Analytics (On-premises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Healthcare Predictive Analytics (Cloud-based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Healthcare Predictive Analytics (Cloud-based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Healthcare Predictive Analytics (Clinical Data Analytics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Healthcare Predictive Analytics (Clinical Data Analytics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Healthcare Predictive Analytics (Financial Data Analytics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Healthcare Predictive Analytics (Financial Data Analytics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Healthcare Predictive Analytics (Research Data Analytics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Healthcare Predictive Analytics (Research Data Analytics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Healthcare Predictive Analytics (Operations Management) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Healthcare Predictive Analytics (Operations Management) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Healthcare Predictive Analytics (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Healthcare Predictive Analytics (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Healthcare Predictive Analytics (Healthcare Payer) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Healthcare Predictive Analytics (Healthcare Payer) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Healthcare Predictive Analytics (Healthcare Provider) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Healthcare Predictive Analytics (Healthcare Provider) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Healthcare Predictive Analytics (Other End Users) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Healthcare Predictive Analytics (Other End Users) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: North America: Healthcare Predictive Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: North America: Healthcare Predictive Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: United States: Healthcare Predictive Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: United States: Healthcare Predictive Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Canada: Healthcare Predictive Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Canada: Healthcare Predictive Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Asia-Pacific: Healthcare Predictive Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Asia-Pacific: Healthcare Predictive Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: China: Healthcare Predictive Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: China: Healthcare Predictive Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Japan: Healthcare Predictive Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Japan: Healthcare Predictive Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: India: Healthcare Predictive Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: India: Healthcare Predictive Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: South Korea: Healthcare Predictive Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: South Korea: Healthcare Predictive Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Australia: Healthcare Predictive Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Australia: Healthcare Predictive Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Indonesia: Healthcare Predictive Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Indonesia: Healthcare Predictive Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Others: Healthcare Predictive Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Others: Healthcare Predictive Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Europe: Healthcare Predictive Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Europe: Healthcare Predictive Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Germany: Healthcare Predictive Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Germany: Healthcare Predictive Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: France: Healthcare Predictive Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: France: Healthcare Predictive Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: United Kingdom: Healthcare Predictive Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: United Kingdom: Healthcare Predictive Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Italy: Healthcare Predictive Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Italy: Healthcare Predictive Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Spain: Healthcare Predictive Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Spain: Healthcare Predictive Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Russia: Healthcare Predictive Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Russia: Healthcare Predictive Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Others: Healthcare Predictive Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Others: Healthcare Predictive Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Latin America: Healthcare Predictive Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Latin America: Healthcare Predictive Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Brazil: Healthcare Predictive Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Brazil: Healthcare Predictive Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Mexico: Healthcare Predictive Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Mexico: Healthcare Predictive Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Others: Healthcare Predictive Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Others: Healthcare Predictive Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Middle East and Africa: Healthcare Predictive Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Middle East and Africa: Healthcare Predictive Analytics Market: Breakup by Country (in %), 2021
Figure 81: Middle East and Africa: Healthcare Predictive Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Global: Healthcare Predictive Analytics Industry: SWOT Analysis
Figure 83: Global: Healthcare Predictive Analytics Industry: Value Chain Analysis
Figure 84: Global: Healthcare Predictive Analytics Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Healthcare Predictive Analytics Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Healthcare Predictive Analytics Market Forecast: Breakup by Product (in Million US$), 2022-2027
Table 3: Global: Healthcare Predictive Analytics Market Forecast: Breakup by Deployment Mode (in Million US$), 2022-2027
Table 4: Global: Healthcare Predictive Analytics Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Healthcare Predictive Analytics Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 6: Global: Healthcare Predictive Analytics Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Healthcare Predictive Analytics Market: Competitive Structure
Table 8: Global: Healthcare Predictive Analytics Market: Key Players

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