Product Code: RP-ID-10151784 |
Published Date: 21 Oct 2022 |
Region: Global |
Category: Healthcare & Pharmaceuticals |
Report ID: 10151784
Market Overview:
Global Predictive Analytics in Healthcare Industry Market Research 2022-2030
"Predictive analytics is used to analyze current data to use data mining, statistics, modeling, artificial intelligence, and machine learning to predict the future. It helps to enhance all aspects of the health field. These include patient care, chronic disease management, supply chain efficiency and hospital management. The predicted and analyzed value in the global healthcare market stood at ~USD 2 billion by the end of 2021, and it is expected to expand at a compound annual growth rate of 21.2% from 2022 to 2030.
The main factors driving market growth include the improvement of the efficiency of the healthcare sector, the emergence of evidence-based and personalized medicine, and the increased demand for reducing healthcare expenditures by reducing unnecessary costs of healthcare.
However, the lack of a robust infrastructure with effective functions and the restriction of qualified IT professionals in the healthcare field are expected to hinder market growth. In addition, the increasing importance of healthcare in emerging economies is expected to help open new avenues for market growth during the forecast period.
Application type segmentation review: According to different applications, the market is subdivided into operation management, financial data analysis, population health management, and clinics.
End-user segmentation review :
According to the end-user, the market is divided into healthcare payers, healthcare providers, and others. Healthcare payers are the biggest contributors to market growth, because this part mainly includes insurance companies, health plan sponsors, and predictive analysis is used to evaluate insurance claims, prevent and detect fraudulent claims, and assess disease risks.
Major participants in global predictive analysis in the healthcare market include Allscripts Healthcare Solutions Inc., Cerner Corporation, IBM Corporation, Information Builders Inc., MedeAnalytics, Inc., Optum Inc., Oracle Corporation, SAS Institute, Inc., Microsoft Corporation , Other major players in the value chain include CitiusTech Inc., Nous Infosystems, Streamline Health Solutions, LLC, Alteryx, Inc., Hortonworks Inc., Health Fidelity, Inc. and ScienceSoft USA Corporation.
Key advantages of predictive analysis of the healthcare market:
This report involves a detailed quantitative analysis of current market trends from 2022-2030 to identify major opportunities. Market estimates are based on a comprehensive analysis of key developments in the industry. Thorough analysis of applications, components, end users, and regions. Region-based in-depth analysis helps to understand the regional market to help strategic business planning. Development strategies adopted by major manufacturers are listed to understand the market competitive scenarios.
Predictive analysis in the key segments of healthcare
By application operation management financial data analysis population health management clinics by component software and hardware services by end user healthcare payer healthcare provider others. "
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