Towards Healthcare
Healthcare Analytics Market Booms 19.1% CAGR by 2034

Healthcare Analytics Market Size, Key Players, Opportunities and Challenges

According to market projections, the healthcare analytics sector is expected to grow from USD 51.09 billion in 2024 to USD 293.42 billion by 2034, reflecting a CAGR of 19.1%. In 2023, software components led the healthcare analytics market with a 60% share, while clinical applications accounted for 40%. Healthcare providers dominated with 40% market share. Key players include Optum, McKesson, Elsevier, MedeAnalytics, IBM (Francisco Partners), Allscripts, Cerner, IQVIA, Oracle, and SAS.

Last Updated : 01 November 2025 Category: Healthcare Services Insight Code: 5141 Format: PDF / PPT / Excel

Content

Introduction

  • Research Objective
  • Scope of the Study
  • Definition and Taxonomy

Research Methodology

  • Research Approach
  • Data Sources
  • Assumptions

Executive Summary

  • Synopsis
  • Analyst Recommendations

Market Overview 

  • Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities
  • Value chain analysis
    • Raw Material Sourcing
    • Manufacturing Process
    • Logistics & Transportation
    • Buyer Preferences
  • Trends
    • Market Trends
    • Technological Trends
  • Porter’s Five Forces Analysis
    • Bargaining Power of Suppliers
    • Bargaining Power of Buyers
    • Threat of Substitute
    • Threat of New Entrants
    • Degree of Competition
  • PESTLE Analysis for 5 leading countries
    • Regulatory Framework for Leading Countries/Regions
    • Supply Demand Analysis
    • Production & Consumption Statistics
    • Export Import Statistics
    • Price Trend Analysis

Global Healthcare Analytics Market Assessment

  • Overview
  • Global Healthcare Analytics Market Size Value (US$) and Volume (Billion Tons), by Component (2021 – 2033)
    • Software
    • Services
    • Hardware
  • Global Healthcare Analytics Market Size Value (US$) and Volume (Billion Tons), by Type (2021 – 2033)
    • Descriptive
    • Predictive
    • Prescriptive
  • Global Healthcare Analytics Market Size Value (US$) and Volume (Billion Tons), by Application (2021 – 2033)
    • Clinical
    • Financial
    • Operational & Administrative
  • Global Healthcare Analytics Market Size Value (US$) and Volume (Billion Tons), by Delivery Mode (2021 – 2033)
    • Web Hosted
    • Cloud-based
    • On-premises
  • Global Healthcare Analytics Market Size Value (US$) and Volume (Billion Tons), by End User (2021 – 2033)
    • Life Science Companies
    • Healthcare Payers
    • Healthcare Providers
  • Global Healthcare Analytics Market Size Value (US$) and Volume (Billion Tons), by Geography (2021 – 2033)
    • North America
    • Europe
    • Asia Pacific
    • Middle East and Africa
    • South America

North America Healthcare Analytics Market Assessment

  • Overview
  • North America Healthcare Analytics Market Size Value (US$) and Volume (Billion Tons), by Component (2021 – 2033)
    • Software
    • Services
    • Hardware
  • North America Healthcare Analytics Market Size Value (US$) and Volume (Billion Tons), by Type (2021 – 2033)
    • Descriptive
    • Predictive
    • Prescriptive
  • North America Healthcare Analytics Market Size Value (US$) and Volume (Billion Tons), by Application (2021 – 2033)
    • Clinical
    • Financial
    • Operational & Administrative
  • North America Healthcare Analytics Market Size Value (US$) and Volume (Billion Tons), by Delivery Mode (2021 – 2033)
    • Web Hosted
    • Cloud-based
    • On-premises
  • North America Healthcare Analytics Market Size Value (US$) and Volume (Billion Tons), by End User (2021 – 2033)
    • Life Science Companies
    • Healthcare Payers
    • Healthcare Providers

Europe Healthcare Analytics Market Assessment

  • Overview
  • Europe Healthcare Analytics Market Size Value (US$) and Volume (Billion Tons), by Component (2021 – 2033)
    • Software
    • Services
    • Hardware
  • Europe Healthcare Analytics Market Size Value (US$) and Volume (Billion Tons), by Type (2021 – 2033)
    • Descriptive
    • Predictive
    • Prescriptive
  • Europe Healthcare Analytics Market Size Value (US$) and Volume (Billion Tons), by Application (2021 – 2033)
    • Clinical
    • Financial
    • Operational & Administrative
  • Europe Healthcare Analytics Market Size Value (US$) and Volume (Billion Tons), by Delivery Mode (2021 – 2033)
    • Web Hosted
    • Cloud-based
    • On-premises
  • Europe Healthcare Analytics Market Size Value (US$) and Volume (Billion Tons), by End User (2021 – 2033)
    • Life Science Companies
    • Healthcare Payers
    • Healthcare Providers

Asia Pacific Healthcare Analytics Market Assessment

  • Overview
  • Asia Pacific Healthcare Analytics Market Size Value (US$) and Volume (Billion Tons), by Component (2021 – 2033)
    • Software
    • Services
    • Hardware
  • Asia Pacific Healthcare Analytics Market Size Value (US$) and Volume (Billion Tons), by Type (2021 – 2033)
    • Descriptive
    • Predictive
    • Prescriptive
  • Asia Pacific Healthcare Analytics Market Size Value (US$) and Volume (Billion Tons), by Application (2021 – 2033)
    • Clinical
    • Financial
    • Operational & Administrative
  • Asia Pacific Healthcare Analytics Market Size Value (US$) and Volume (Billion Tons), by Delivery Mode (2021 – 2033)
    • Web Hosted
    • Cloud-based
    • On-premises
  • Asia Pacific Healthcare Analytics Market Size Value (US$) and Volume (Billion Tons), by End User (2021 – 2033)
    • Life Science Companies
    • Healthcare Payers
    • Healthcare Providers

Middle East and Africa Healthcare Analytics Market Assessment

  • Overview
  • Middle East and Africa Healthcare Analytics Market Size Value (US$) and Volume (Billion Tons), by Component (2021 – 2033)
    • Software
    • Services
    • Hardware
  • Middle East and Africa Healthcare Analytics Market Size Value (US$) and Volume (Billion Tons), by Type (2021 – 2033)
    • Descriptive
    • Predictive
    • Prescriptive
  • Middle East and Africa Healthcare Analytics Market Size Value (US$) and Volume (Billion Tons), by Application (2021 – 2033)
    • Clinical
    • Financial
    • Operational & Administrative
  • Middle East and Africa Healthcare Analytics Market Size Value (US$) and Volume (Billion Tons), by Delivery Mode (2021 – 2033)
    • Web Hosted
    • Cloud-based
    • On-premises
  • Middle East and Africa Healthcare Analytics Market Size Value (US$) and Volume (Billion Tons), by End User (2021 – 2033)
    • Life Science Companies
    • Healthcare Payers
    • Healthcare Providers

South America Healthcare Analytics Market Assessment

  • Overview
  • South America Healthcare Analytics Market Size Value (US$) and Volume (Billion Tons), by Component (2021 – 2033)
    • Software
    • Services
    • Hardware
  • South America Healthcare Analytics Market Size Value (US$) and Volume (Billion Tons), by Type (2021 – 2033)
    • Descriptive
    • Predictive
    • Prescriptive
  • South America Healthcare Analytics Market Size Value (US$) and Volume (Billion Tons), by Application (2021 – 2033)
    • Clinical
    • Financial
    • Operational & Administrative
  • South America Healthcare Analytics Market Size Value (US$) and Volume (Billion Tons), by Delivery Mode (2021 – 2033)
    • Web Hosted
    • Cloud-based
    • On-premises
  • South America Healthcare Analytics Market Size Value (US$) and Volume (Billion Tons), by End User (2021 – 2033)
    • Life Science Companies
    • Healthcare Payers
    • Healthcare Providers

Company Profiles

  • Optum Inc.
    • Company Overview
    • Geographic Footprints
    • Financial Performance
    • Product Portfolio
    • SWOT Analysis
    • R&D Efforts
    • Recent Developments & Strategic Collaborations
      • Product Launch/M&A/Technical Collaboration
  • McKesson Corporation
  • Elsevier
  • Medeanalytics Inc.
  • Francisco Partners (IBM)
  • Allscripts Healthcare Solutions Inc.
  • Cerner Corporation
  • IQVIA
  • Oracle
  • SAS Institute, Inc.

Conclusion & Recommendations

FAQ's

Answer : Healthcare analytics involves the use of data analysis tools and techniques to gain insights into patient care, treatment outcomes, and operational efficiencies within healthcare facilities.

Answer : Healthcare analytics offers benefits such as improved decision-making through predictive insights into patient treatments, enhanced operational efficiency by optimizing resource allocation, and better patient care outcomes through data-driven approaches.

Answer : One of the hurdles in the healthcare analytics market is the complexity of data. Healthcare data often comes in various formats and from disparate sources, making it challenging to integrate and analyze effectively.

Answer : National Institute of Health, World Health Organization, NITI Aayog, HHS.gov., Ministry of Health and Family Welfare, Centers for Disease Control and Prevention.
Any Questions

Meet the Team

Deepa Pandey is a focused and detail-oriented market research professional with growing expertise in the healthcare sector, delivering high-quality insights across therapeutic areas, diagnostics, biotechnology and healthcare services.

Learn more about Deepa Pandey

Aditi Shivarkar is a seasoned professional with over 14 years of experience in healthcare market research. As a content reviewer, Aditi ensures the quality and accuracy of all market insights and data presented by the research team.

Learn more about Aditi Shivarkar