According to latest research report published by MarketsandMarkets, the Europe Healthcare Analytics Market by Type (Descriptive, Predictive, Cognitive), Application (Financial, RCM, Fraud, Clinical, Operational), Component (Services, Software), Deployment (on premise, Cloud), End-user (Hospitals, Payer) - Global Forecast to 2027, is expected to grow at a CAGR of 25.7% from 2022 to 2027.
The market is being driven by a number of factors, including:
The healthcare analytics market in Europe is segmented by type, application, end-user, and region.
By type, the market is segmented into:
Descriptive analytics is the most widely used type of analytics in the healthcare sector. It is used to describe past events and trends. Predictive analytics is used to predict future events and trends. Prescriptive analytics is used to recommend actions to improve patient care or reduce costs.
By application, the market is segmented into:
Clinical decision support is the most widely used application of healthcare analytics. It is used to help clinicians make better decisions about patient care. Risk management is used to identify and mitigate risks to patients and healthcare organizations. Population health management is used to improve the health of a population by identifying and addressing risk factors.
By end-user, the market is segmented into:
Hospitals are the largest end-user of healthcare analytics. They use analytics to improve patient care, reduce costs, and improve the efficiency of their operations. Pharmaceutical companies use analytics to develop new drugs and to identify patients who are most likely to benefit from their products. Payers use analytics to manage their risk and to improve the quality of care.
By region, the market is segmented into:
Germany is the largest market for healthcare analytics in Europe. France, the United Kingdom, and Italy are also major markets. The Rest of Europe is expected to be the fastest-growing market.
The key players in the European healthcare analytics market are IBM, Oracle, Microsoft, SAP, SAS, and IQVIA. These companies offer a wide range of healthcare analytics solutions, including software, hardware, and services.
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Mr. Aashish Mehra
630 Dundee Road
Northbrook, IL 60062
USA : 1-888-600-6441