Healthcare Analytics Market

Detailed market data on the healthcare analytics market, covering industry growth, size, and trends analysis from 2025 to 2030.

The Report Covers Global Healthcare Data Analytics Companies and the Market is Segmented by Type of Technology (Predictive Analytics, Prescriptive Analytics, and Descriptive Analytics), Application (Clinical Data Analytics, Financial Data Analytics, and Administrative Data Analytics), Product (Hardware, Software, and Service), Mode of Delivery (On-Premise Model and Cloud-Based Model), End Users (Healthcare Provider, Pharmaceutical Industry, Biotechnology Industry, and Academic Organization), and Geography (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). The Market Size and Forecasts are Provided in Terms of Value (USD Million) for all the Above Segments.

Healthcare Analytics Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Healthcare Analytics Market Size

Healthcare Analytics Market (2024 - 2029)
Study Period 2021 - 2030
Market Size (2025) USD 57.16 Billion
Market Size (2030) USD 160.39 Billion
CAGR (2025 - 2030) 22.92 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Medium

Major Players

Healthcare Analytics Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Healthcare Analytics Market with other markets in Healthcare Industry

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Healthcare Analytics Market Analysis

The Healthcare Analytics Market size is estimated at USD 57.16 billion in 2025, and is expected to reach USD 160.39 billion by 2030, at a CAGR of 22.92% during the forecast period (2025-2030).

The COVID-19 pandemic impacted the public health systems in many countries. For instance, the healthcare industry was burdened with pandemic crisis management. Furthermore, worldwide lockdowns were imposed to curb the viral outbreak. This, in turn, led to a shortage of healthcare staff across the globe. Similarly, the healthcare prescriptive analytics market was impacted by the viral outbreak. For instance, the worldwide lockdowns led to a rise in healthcare IT technology and remote health monitoring. In addition, the adoption of predictive and prescriptive analysis software increased, which was employed in estimating the number of COVID-19 cases and deaths. Furthermore, the software was also rapidly adopted during the viral outbreak to estimate the number of resources needed in the hospital, such as hospital patient beds, ICU beds, the supply, and demand of personal protective equipment (PPE), and others. Companies have also released new healthcare prescriptive analytics software to combat COVID-19.For instance, the COVID-19 Index, developed by the National Minority Quality Forum (NMQF), is a predictive analysis tool that can assist physicians in planning for future COVID-19 outbreaks. The software can help avoid epidemics, cure diseases, cut expenditures, and analyze specific health data from a community or an individual. Hence, increased demand during COVID-19 had a positive impact on the studied market. However, the growth is expected to gradually stabilize post-COVID-19.

The major factors driving the growth of the market include the rise in the integration of big data in healthcare, the growing need for increased efficiency in the healthcare sector, and the increasing demand to curtail healthcare costs. To predict the future, we need data from the past as well as the present, and analyzing the data being generated at the same time makes this process complex and machine-intensive. Additionally, unnecessary healthcare costs can also be reduced through analytics. For instance, according to the Organisation for Economic Co-operation and Development (OECD), health spending per capita will grow at an average annual rate of 2.7% across the OECD and will reach 10.2% of GDP by 2030. In addition, population health management (PHM) is the analytic utilization of data from many sources, and the surge in the adoption of PHM also drives the growth of the studied market. For instance, in August 2022, RTI Health Advance will bring together the power of healthcare analytics, digital health, and patient experience to help provider and payer organizations build PHM programs.

Thus, the abovementioned factors are impacting the market growth of the Healthcare Analytics market. However, the cost and complexity of software, data integrity and privacy concerns, and a lack of properly skilled labor are the factors expected to restrain market growth.

Healthcare Analytics Industry Overview

The Healthcare Analytics market is moderately competitive in nature due to the presence of companies operating globally as well as regionally. The competitive landscape includes an analysis of a few international as well as local companies that hold market shares and are well known, including IBM, Allscripts Healthcare Solutions, Cerner Corporation, Mckesson Corporation, and Koninklijke Philips N.V., among others.

Healthcare Analytics Market Leaders

  1. Allscripts Healthcare Solutions

  2. Mckesson Corporation

  3. Koninklijke Philips N.V.

  4. International Business Machines Corporation (IBM)

  5. Cerner Corporation

  6. *Disclaimer: Major Players sorted in no particular order
Healthcare Analytics Market Concentration
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Healthcare Analytics Market News

  • August 2022: Syntellis Performance Solutions acquired Stratasan Healthcare Solutions, a healthcare market intelligence and data analytics company. Through the acquisition, Syntellis expanded its solutions for healthcare organizations with data and intelligence solutions to improve operational, financial, and strategic growth planning.
  • June 2022: Oracle Corporation acquired Cerner Corporation to combine the clinical capabilities of Cerner with Oracle's enterprise platform analytics and automation expertise.
  • January 2022: IBM and Francisco Partners signed a definitive agreement under which Francisco Partners will acquire healthcare data and analytics assets from IBM that are currently part of the Watson Health business.

Healthcare Analytics Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Deliverables
  • 1.2 Study Assumptions
  • 1.3 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Technological Advancements and Favorable Governemnt Initiatives
    • 4.2.2 Emergence of Big Data in the Healthcare Industry
  • 4.3 Market Restraints
    • 4.3.1 Cost and Complexity of Software
    • 4.3.2 Data Integrity and Privacy Concerns
    • 4.3.3 Lack of Proper Skilled Labors
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers/Consumers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION (Market Size by Value - USD Million)

  • 5.1 Technology Type
    • 5.1.1 Predictive Analytics
    • 5.1.2 Prescriptive Analytics
    • 5.1.3 Descriptive Analytics
  • 5.2 Application
    • 5.2.1 Clinical Data Analytics
    • 5.2.2 Financial Data Analytics
    • 5.2.3 Administrative Data Analytics
  • 5.3 Product
    • 5.3.1 Hardware
    • 5.3.2 Software
    • 5.3.3 Service
  • 5.4 Mode of Delivery
    • 5.4.1 On-premise Model
    • 5.4.2 Cloud-based Model
  • 5.5 End User
    • 5.5.1 Healthcare Provider
    • 5.5.2 Pharmaceutical Industry
    • 5.5.3 Biotechnology Industry
    • 5.5.4 Academic Organization
  • 5.6 Geography
    • 5.6.1 North America
    • 5.6.1.1 United States
    • 5.6.1.2 Canada
    • 5.6.1.3 Mexico
    • 5.6.2 Europe
    • 5.6.2.1 Germany
    • 5.6.2.2 United Kingdom
    • 5.6.2.3 France
    • 5.6.2.4 Italy
    • 5.6.2.5 Spain
    • 5.6.2.6 Rest of Europe
    • 5.6.3 Asia-Pacific
    • 5.6.3.1 China
    • 5.6.3.2 Japan
    • 5.6.3.3 India
    • 5.6.3.4 Australia
    • 5.6.3.5 South Korea
    • 5.6.3.6 Rest of Asia-Pacific
    • 5.6.4 Middle-East and Africa
    • 5.6.4.1 GCC
    • 5.6.4.2 South Africa
    • 5.6.4.3 Rest of Middle-East and Africa
    • 5.6.5 South America
    • 5.6.5.1 Brazil
    • 5.6.5.2 Argentina
    • 5.6.5.3 Rest of South America

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 3M Company
    • 6.1.2 Allscripts Healthcare Solutions
    • 6.1.3 Cerner Corporation (Oracle)
    • 6.1.4 Digital Reasoning Systems Inc.
    • 6.1.5 Information Builders Inc.
    • 6.1.6 International Business Machines Corporation (IBM)
    • 6.1.7 IQVIA
    • 6.1.8 Mckesson Corporation
    • 6.1.9 MedeAnalytics Inc.
    • 6.1.10 Optum Inc.
    • 6.1.11 Oracle Corporation
    • 6.1.12 Koninklijke Philips NV
    • 6.1.13 Health Catalyst
    • 6.1.14 VitreosHealth
    • 6.1.15 Inovalon
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape Covers - Business Overview, Financials, Products and Strategies, and Recent Developments
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Healthcare Analytics Industry Segmentation

As per the scope of this report, healthcare analytics extensively uses data for quantitative and qualitative analysis. The healthcare industry is transforming from volume-based medicines and reimbursement to value-based medicines and reimbursement. The Healthcare Analytics Market is Segmented By Type of Technology (Predictive Analytics, Prescriptive Analytics, and Descriptive Analytics), Application (Clinical Data Analytics, Financial Data Analytics, and Administrative Data Analytics), Product (Hardware, Software, and Service), Mode of Delivery (On-premise Model and Cloud-Based Model), End Users (Healthcare Provider, Pharmaceutical Industry, Biotechnology Industry, and Academic Organization), and Geography (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 different countries across major regions globally. The report offers the value (in USD million) for the above segments.

Technology Type Predictive Analytics
Prescriptive Analytics
Descriptive Analytics
Application Clinical Data Analytics
Financial Data Analytics
Administrative Data Analytics
Product Hardware
Software
Service
Mode of Delivery On-premise Model
Cloud-based Model
End User Healthcare Provider
Pharmaceutical Industry
Biotechnology Industry
Academic Organization
Geography North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle-East and Africa GCC
South Africa
Rest of Middle-East and Africa
South America Brazil
Argentina
Rest of South America
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Healthcare Analytics Market Research FAQs

How big is the Healthcare Analytics Market?

The Healthcare Analytics Market size is expected to reach USD 57.16 billion in 2025 and grow at a CAGR of 22.92% to reach USD 160.39 billion by 2030.

What is the current Healthcare Analytics Market size?

In 2025, the Healthcare Analytics Market size is expected to reach USD 57.16 billion.

Who are the key players in Healthcare Analytics Market?

Allscripts Healthcare Solutions, Mckesson Corporation, Koninklijke Philips N.V., International Business Machines Corporation (IBM) and Cerner Corporation are the major companies operating in the Healthcare Analytics Market.

Which is the fastest growing region in Healthcare Analytics Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Healthcare Analytics Market?

In 2025, the North America accounts for the largest market share in Healthcare Analytics Market.

What years does this Healthcare Analytics Market cover, and what was the market size in 2024?

In 2024, the Healthcare Analytics Market size was estimated at USD 44.06 billion. The report covers the Healthcare Analytics Market historical market size for years: 2021, 2022, 2023 and 2024. The report also forecasts the Healthcare Analytics Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Healthcare Data Analytics Industry Report

The report on Global Healthcare Data Analytics Companies provides a comprehensive market overview, covering various segments by type of technology, application, product, mode of delivery, end users, and geography. The market size and market value are detailed in terms of USD million for all segments. The report highlights the market growth and market share, emphasizing the significance of predictive analytics, prescriptive analytics, and descriptive analytics in the healthcare industry.

The industry analysis reveals that clinical data analytics, financial data analytics, and administrative data analytics are key applications driving the market. The report includes insights on hardware, software, and service products, as well as on-premise and cloud-based models of delivery. The market segmentation is further detailed by end users, including healthcare providers, pharmaceutical industry, biotechnology industry, and academic organizations.

The market forecast outlook to 2029 is provided, along with a historical overview of the industry trends. The report also features industry information on market leaders and their contributions to the industry growth. The market review includes detailed industry statistics and industry sales data, offering a clear picture of the market trends.

Research companies have contributed to the report, providing valuable market data and industry research. The report example and report PDF download are available for a more in-depth understanding of the market dynamics. The industry outlook and market predictions are essential for stakeholders to make informed decisions.

Overall, this industry research offers a detailed market analysis, highlighting the market trends and market outlook, ensuring that stakeholders are well-informed about the current and future state of the healthcare data analytics market.