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Healthcare Data Analytics Market size worth $ 122.20 Billion, Globally, by 2030 at 23.12% CAGR: Verified Market Research®The "Global Healthcare Data Analytics Market Size By Type (Descriptive Analysis, Predictive Analysis), By Component (Software, Hardware), By Delivery Mode (On-Premises, Web-Hosted), By End-Use (Healthcare Payers, Healthcare Providers), By Geographic Scope And Forecast" report has been published by Verified Market Research®. The report provides an in-depth analysis of the global Healthcare Data Analytics Market, including its growth prospects, market trends, and market challenges. JERSEY CITY, N.J., July 11, 2023 /PRNewswire/ -- The Global Healthcare Data Analytics Market is projected to grow at a CAGR of 23.12% from 2023 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 26.70 Billion in 2022 and is expected to reach USD 122.20 Billion by the end of the forecast period.  Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample?rid=60349 Browse in-depth TOC on "Healthcare Data Analytics Market" Healthcare Data Analytics Market Poised for Growth, Driven by Key Factors and Leading Players The healthcare data analytics market is on the brink of significant expansion, fueled by the crucial role played by the collection and analysis of data in identifying improvement opportunities across various aspects of the health system. Healthcare professionals leverage this process to make informed judgments that benefit the industry as a whole. By utilizing real-time and historical data analysis, healthcare data analytics predicts trends, uncovers actionable insights, and fosters long-term growth. Key Drivers for Market Growth The global healthcare data analytics market is set for substantial growth, primarily driven by the following factors:
Market Outlook and Expansion The healthcare industry is experiencing a significant shift in focus towards data collection and analysis, driven by advancements in customer service and technology. The emergence of big data in healthcare, influenced by the proliferation of social media, has created a vast market for helthcare analytics. Moreover, increased funding for medical technology firms, coupled with the development of mHealth apps, big data analytics, and Internet of Things (IoT) technologies, is expected to drive substantial expansion of the global healthcare data analytics market. Market Challenges and Restraints Despite the promising growth prospects, the healthcare data analytics industry faces certain challenges. The shortage of appropriately trained staff for data storage and raw data analysis highlights a growing talent gap. Limited skills, knowledge, expertise, and experience in data analytics operations hinder the market's potential. Increasing research and development initiatives pose obstacles to market demand. Additionally, high implementation costs, along with security and storage-related concerns, act as significant restraints in the market. Key Players in the Market Prominent companies driving the healthcare data analytics market include Allscripts, Cerner, Health Catalyst, IBM, Inovalon, McKesson, MedeAnalytics, Optum, Oracle, SAS, Wipro, Verscend, CitusTech, Cerner Corporation, and Koninklijke Philips N.V. These market leaders employ financial statements, product benchmarking, SWOT analysis, and key development strategies to maintain a competitive edge and drive innovation. In conclusion, the healthcare data analytics market presents tremendous growth potential, leveraging improved care quality, big data utilization, and increased adoption of healthcare information technology solutions. Addressing challenges related to talent acquisition, research initiatives, implementation costs, and security is crucial for the sustained development of the market. To get market data, market insights, financial statements and a comprehensive analysis of the Global Healthcare Data Analytics Market, please Contact Verified Market Research®. Based on the research, Verified Market Research® has segmented the global Healthcare Data Analytics Market into Type, Component, Delivery Mode, End-Use, And Geography.
Browse Related Reports: Healthcare Data Storage Market By Solution (On-prime, Hybrid), By Type (Magnetic Storage, Flash & Solid-State Storage), By Architecture (File Storage, Object Storage), By Storage System (Direct-Attached Storage, Network-Attached Storage), By Application (Financial Analysis, Clinical Analysis), By End-User (Hospitals and Clinics, Pharmaceutical & Biotechnology Companies), By Geography, And Forecast Healthcare Automatic Identification And Data Capture (AIDC) Market By Type (Magnetic Stripe Cards, Smart Cards), By Application (Clinical Application, Non-Clinical Application), By Geography, And Forecast Big Data Analytics In Healthcare Market By Analytics Type (Prescriptive Analytics, Predictive Analytics), By Application (Clinical Analytics, Financial Analytics), By End-User (Research Organizations, Hospitals And Clinics), By Geography, And Forecast Artificial Intelligence Ai In Healthcare Market By Product (Deep Learning, Querying Method, Natural Language Processing, Context Aware Processing, Other), By Application (Hospitals, Clinics, Research Institutions, Other), By Geography, And Forecast Top 10 Healthcare Contract Manufacturing Companies bolstering the medical device industry Visualize Healthcare Data Analytics Market using Verified Market Intelligence -: Verified Market Intelligence is our BI Enabled Platform for narrative storytelling in this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue-impacting decisions for a brilliant future. VMI provides a holistic overview and global competitive landscape with respect to Region, Country, Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market. About Us Verified Market Research® is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research® provides advanced analytical research solutions while offering information-enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals and critical revenue decisions. Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research. We study 14+ categories from Semiconductors & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & Construction, Agriculture industry and Medical Devices from over 100 countries. Contact Us Mr. Edwyne Fernandes Logo: https://mma.prnewswire.com/media/2015407/VMR_Logo.jpg
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