Mordor Intelligence has published a new report on the Healthcare Analytics Market, offering a comprehensive analysis of trends, growth drivers, and future projections.
The Global Healthcare Analytics Market is projected to grow from USD 57.16 billion in 2025 to USD 160.39 billion by 2030, reflecting a compound annual growth rate (CAGR) of 22.92% during the forecast period.
This growth is fueled by the increasing adoption of value-based care models, the integration of real-world evidence in drug development, and the need for efficient data management in healthcare systems. Healthcare analytics enables organizations to leverage data for improved patient outcomes, operational efficiency, and cost reduction.
Healthcare Analytics Market Key Trends
- Shift Toward Value-Based Care
The transition from fee-for-service to value-based care models is expanding the demand for analytics solutions that link clinical outcomes with reimbursement structures. Healthcare providers are seeking tools that can embed cost-of-care metrics alongside clinical indicators to enhance decision-making and resource utilization.
- Emphasis on Real-World Evidence
Regulatory bodies are increasingly requiring real-world evidence (RWE) earlier in the drug development process. This trend is driving the need for analytics platforms capable of harmonizing diverse data sets and standardizing RWE workflows, thereby facilitating faster and more reliable evidence generation.
- Growth of Predictive Analytics
While descriptive analytics currently holds a significant market share, predictive analytics is experiencing rapid growth, with a CAGR of 24%. Healthcare organizations are leveraging predictive models to anticipate patient outcomes, optimize treatment plans, and reduce hospital readmissions.
- Regional Market Dynamics
North America maintains the largest share of the healthcare analytics market, accounting for 48.6% in 2024. However, the Asia-Pacific region is emerging as the fastest-growing market, driven by increasing healthcare expenditures, digitalization initiatives, and a growing focus on data-driven healthcare solutions.
Healthcare Analytics Market Segmentation
By Analytics Type
- Descriptive Analytics
- Diagnostic Analytics
- Predictive Analytics
- Prescriptive Analytics
- Cognitive Analytics
By Component
- Hardware
- Software
- Services
By Delivery Mode
- On-Premises
- Cloud-Based
- Hybrid
By Application
- Clinical Analytics
- Financial & RCM Analytics
- Operational & Administrative Analytics
- Population Health Management
- Fraud Detection & Risk Analytics
- Life Sciences / R&D Analytics
By End User
- Healthcare Providers
- Healthcare Payers
- Life Science Companies
- Public Health Agencies
By Geography:
- North America
- Europe
- Asia-Pacific
- Middle East and Africa
- South America
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Healthcare Analytics Market Key Players
The healthcare analytics market features several key players:
- Optum Inc. (UnitedHealth Group): Provides analytics solutions for healthcare management.
- Oracle Health (Cerner + Oracle Analytics): Offers integrated analytics platforms for clinical and operational insights.
- IBM Corporation / Merative: Delivers data analytics tools for healthcare decision-making.
- McKesson Corporation: Supplies analytics services to improve healthcare delivery.
These companies are investing in research and development to enhance their analytics capabilities and meet the evolving needs of the healthcare industry.
Conclusion
The healthcare analytics market is poised for substantial growth, driven by the shift toward value-based care, the integration of real-world evidence in clinical practices, and the increasing demand for predictive analytics. As healthcare organizations seek to improve patient outcomes and operational efficiency, the adoption of advanced analytics solutions will continue to rise, shaping the future of healthcare delivery.
Industry Related Reports
Asia Pacific Healthcare Analytics Market : The APAC Healthcare Analytics Market report segments the industry into By Deployment (On-Premise, Cloud), By Application (Clinical Data Analytics, Financial Data Analytics, Operational/Administrative Data Analytics), By End-User (Healthcare Provider, Pharmaceutical Industry, Biotechnology Industry, Academic Organization), and By Country (China, Japan, India, South Korea, Australia, Indonesia, Rest of Asia Pacific).
North America Healthcare Analytics Market: The North America Healthcare Analytics Market report segments the industry into Technology Type (Predictive Analytics, Prescriptive Analytics, Descriptive Analytics), Application (Clinical Data Analytics, Financial Data Analytics, Administrative Data Analytics), Component (Hardware, Software, Service), Mode Of Delivery (On-premise Model, Cloud- and Web-based Models), End Users (Healthcare Providers, and more), and Geography.
Healthcare Operational Analytics Market: The Healthcare Operational Analytics Market report segments the industry into Type (Supply Chain Analytics, Human Resource Analytics, Strategic Analytics), Component (Software, Hardware, Services), Deployment (On-Premise), En User (Hospitals and Clinics, Pharmaceutical and Biotechnology Companies, Other End Users) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, South America).
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