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Healthcare Analytics Market to grow by USD 37.39 billion from 2021 to 2026 |Evolving Opportunities with Allscripts Healthcare Solutions Inc. & Cerner Corp. |17000+ Technavio ReportsNEW YORK, Nov. 26, 2021 /PRNewswire/ -- Technavio's latest research report on the Healthcare Analytics Market offers a comprehensive analysis of new product launches, the latest trends, drivers, and challenges. The healthcare analytics market is expected to grow by USD 37.39 billion, progressing at a CAGR of 21.11% from 2021 to 2026. 39% of the market's growth will originate from North America. The US is the key market for healthcare analytics market in the region. The demand for security, easy access to data, and the need for effective patient information management will facilitate the healthcare analytics market growth in North America. For more insights on the healthcare analytics market - Download a free sample now! Market Dynamics Factors such as the growing interaction of big data with healthcare analytics, increasing pressure to curb healthcare spending and improve patient outcomes, and the growing capital investments will drive the growth of the Healthcare Analytics Market. However, increasing data security and privacy concerns might hamper market growth. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge. Company Profiles The healthcare analytics market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. Some of the companies covered in this report are Allscripts Healthcare Solutions Inc., Cerner Corp., Health Catalyst Inc., Inovalon Holdings Inc., International Business Machines Corp., McKesson Corp., Medeanalytics Inc., Oracle Corp., SAS Institute Inc., and UnitedHealth Group, etc. Few Companies with Key Offerings
Competitive Analysis The report includes the competitive analysis, a proprietary tool to analyze and evaluate the position of companies based on their industry position score and market performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc. Market Segmentation
Related Reports Laboratory Information Management System (LIMS) Market -The laboratory information management system (LIMS) market has the potential to grow by USD 637.40 million during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 10.04%.Download a free sample now!
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