Global Predictive Analytics in Healthcare Market by Application (Operations Management, Financial Data Analytics, Population Health, and Clinical), Component (Software, Hardware, and Service), and End User, and Region - Industry Analysis and Forecast to 2025.
The global predictive analytics in healthcare market is expected to grow from USD 1.95 billion in 2020 to USD 8.23 billion by 2025 at a CAGR of 20.6%.
This market research report provides an in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global predictive analytics in healthcare market. The historic years considered for the study are 2016-2018, base year is 2019, estimated year is 2020, and forecast period is 2021-2025.
Key players operating in the global predictive analytics in healthcare market are CitiusTech Inc., Nous Infosystems, Streamline Health Solutions, LLC, Alteryx, Inc., Hortonworks Inc., Health Fidelity, Inc., ScienceSoft USA Corporation, Optum Inc., Oracle Corporation, SAS Institute, Inc., Microsoft Corporation, and Verisk Analytics.
Market Definition
Analysing current data to predict future data mining, statistics, modelling, artificial intelligence, and machine learning is known as Predictive analytics. In healthcare segment reports on patient care, chronic disease management, supply chain efficiencies are analysed for better hospital management.
Market Drivers
• Increased Efficiency
• Increase in demand to reduce unnecessary costs.
Market Restraints
• Lack of skilled IT professional
• Insufficient infrastructure
Critical Questions Answered in the Report
What are the key trends in the global predictive analytics in healthcare market?
How the market (and its various sub segments) has grown in last four years and what would be the growth rate in next five years?
What are the key strategies adopted by the major vendors to lead in the global predictive analytics in healthcare market?
What is the market share of the top vendors?
The study extensively uses both secondary and primary research methodologies. More than 100 industry experts from different phases of the value chain (supply side, demand side, resellers/distributors, and independent consultants) were interviewed to gain key insights about the market and validate the research findings. Secondary sources referred for the research study include company websites, annual reports, paid database tools, investor presentations, webinars, blogs, news/journals, whitepapers, survey papers, associations, and government websites. All the collected data and insights were then processed using our proprietary data mining software that executes various algorithms to make projections for the forecast period.
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Architecture
2.3 Scope of the Study
2.4 Related Stakeholders
3 Research Methodology
3.1 Introduction
3.2 Primary Research
3.2.1 Key Insights
3.2.2 Breakdown of Primary Interviews
3.3 Secondary Research
3.3.1 Important Sources
3.4 Market Size Estimation Approaches
3.4.1 Top-Down Approach
3.4.2 Bottom-Up Approach
3.4.3 Data Triangulation
3.5 List of Assumptions
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Increased Efficiency
4.2.2 Increase in demand to reduce unnecessary costs.
4.3 Restraints
4.3.1 Lack of skilled IT professional
4.3.2 Insufficient infrastructure
4.4 Porter's Five Forces Model Analysis
4.5 Value Chain Analysis
4.6 Regulatory Landscape
5 Global Predictive Analytics in Healthcare Market, By Application
5.1 Introduction
5.2 Operations Management
5.3 Financial Data Analytics
5.4 Population Health
5.5 Clinical
6 Global Predictive Analytics in Healthcare Market, By Component
6.1 Introduction
6.2 Software
6.3 Hardware
6.4 Service
7 Global Predictive Analytics in Healthcare Market, By End Users
7.1 Introduction
7.2 Healthcare Payer
7.3 Healthcare Provider
7.4 Others
8 Global Predictive Analytics in Healthcare Market, By Region
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 France
8.3.4 Italy
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia-Pacific
8.4.1 China
8.4.2 India
8.4.3 Japan
8.4.4 South Korea
8.4.5 Rest of Asia-Pacific
8.5 Middle East and Africa
8.6 South America
9 Competitive Landscape
9.1 Introduction
9.2 Vendor Evaluation Criteria
9.3 Market Share Analysis, 2019 (%)
9.4 Recent Developments, 2016-2019
9.4.1 New Product Launches
9.4.2 Partnerships
9.4.3 Mergers or Acquisitions
9.4.4 Business Expansions
10 Company Profiles
(This section covers the Business Overview, Financial Overview, Product and Service offerings, Recent Developments, SWOT Analysis, and Key Strategies of the top market vendors. The given sequence does not represent their rankings in the market.)
10.1 CitiusTech Inc.
10.2 Nous Infosystems
10.3 Streamline Health Solutions, LLC
10.4 Alteryx, Inc.
10.5 Hortonworks Inc.
10.6 Health Fidelity, Inc.
10.7 ScienceSoft USA Corporation
10.8 Optum Inc.
10.9 Oracle Corporation
10.10 SAS Institute, Inc.
10.11 Microsoft Corporation
10.12 Verisk Analytics
11 Appendix
11.1 Discussion Guide
11.2 Customization Options
11.3 Related Reports
List of Tables
Table 1 Global Predictive Analytics in Healthcare Market, By Application, 2016-2025 (USD Million)
Table 2 Global Predictive Analytics in Healthcare Market, By Component, 2016-2025 (USD Million)
Table 3 Global Predictive Analytics in Healthcare Market, By Application, 2016-2025 (USD Million)
Table 4 Global Predictive Analytics in Healthcare Market, By End Users, 2016-2025 (USD Million)
Table 5 Global Predictive Analytics in Healthcare Market, By Region, 2016-2025 (USD Million)
Table 6 North America Predictive Analytics in Healthcare Market, By Country, 2016-2025 (USD Million)
Table 7 North America Predictive Analytics in Healthcare Market, By Application, 2016-2025 (USD Million)
Table 8 North America Predictive Analytics in Healthcare Market, By Component, 2016-2025 (USD Million)
Table 9 North America Predictive Analytics in Healthcare Market, By End Users, 2016-2025 (USD Million)
Table 10 US Predictive Analytics in Healthcare Market, By Application, 2016-2025 (USD Million)
Table 11 US Predictive Analytics in Healthcare Market, By Component, 2016-2025 (USD Million)
Table 12 US Predictive Analytics in Healthcare Market, By End Users, 2016-2025 (USD Million)
Table 13 Canada Predictive Analytics in Healthcare Market, By Application, 2016-2025 (USD Million)
Table 14 Canada Predictive Analytics in Healthcare Market, By Component, 2016-2025 (USD Million)
Table 15 Canada Predictive Analytics in Healthcare Market, By End Users, 2016-2025 (USD Million)
Table 16 Mexico Predictive Analytics in Healthcare Market, By Application, 2016-2025 (USD Million)
Table 17 Mexico Predictive Analytics in Healthcare Market, By Component, 2016-2025 (USD Million)
Table 18 Mexico Predictive Analytics in Healthcare Market, By End Users, 2016-2025 (USD Million)
Table 19 Europe Predictive Analytics in Healthcare Market, By Country, 2016-2025 (USD Million)
Table 20 Europe Predictive Analytics in Healthcare Market, By Application, 2016-2025 (USD Million)
Table 21 Europe Predictive Analytics in Healthcare Market, By Component, 2016-2025 (USD Million)
Table 22 Europe Predictive Analytics in Healthcare Market, By End Users, 2016-2025 (USD Million)
Table 23 Germany Predictive Analytics in Healthcare Market, By Application, 2016-2025 (USD Million)
Table 24 Germany Predictive Analytics in Healthcare Market, By Component, 2016-2025 (USD Million)
Table 25 Germany Predictive Analytics in Healthcare Market, By End Users, 2016-2025 (USD Million)
Table 26 UK Predictive Analytics in Healthcare Market, By Application, 2016-2025 (USD Million)
Table 27 UK Predictive Analytics in Healthcare Market, By Component, 2016-2025 (USD Million)
Table 28
Table 29 UK Predictive Analytics in Healthcare Market, By End Users, 2016-2025 (USD Million)
Table 30 France Predictive Analytics in Healthcare Market, By Application, 2016-2025 (USD Million)
Table 31 France Predictive Analytics in Healthcare Market, By Component, 2016-2025 (USD Million)
Table 32
Table 33 France Predictive Analytics in Healthcare Market, By End Users, 2016-2025 (USD Million)
Table 34 Italy Predictive Analytics in Healthcare Market, By Application, 2016-2025 (USD Million)
Table 35 Italy Predictive Analytics in Healthcare Market, By Component, 2016-2025 (USD Million)
Table 36 Italy Predictive Analytics in Healthcare Market, By End Users, 2016-2025 (USD Million)
Table 37 Spain Predictive Analytics in Healthcare Market, By Application, 2016-2025 (USD Million)
Table 38 Spain Predictive Analytics in Healthcare Market, By Component, 2016-2025 (USD Million)
Table 39 Spain Predictive Analytics in Healthcare Market, By End Users, 2016-2025 (USD Million)
Table 40 Rest of Europe Predictive Analytics in Healthcare Market, By Application, 2016-2025 (USD Million)
Table 41 Rest of Europe Predictive Analytics in Healthcare Market, By Component, 2016-2025 (USD Million)
Table 42 Rest of Europe Predictive Analytics in Healthcare Market, By End Users, 2016-2025 (USD Million)
Table 43 Asia-Pacific Predictive Analytics in Healthcare Market, By Country, 2016-2025 (USD Million)
Table 44 Asia-Pacific Predictive Analytics in Healthcare Market, By Application, 2016-2025 (USD Million)
Table 45 Asia-Pacific Predictive Analytics in Healthcare Market, By Component, 2016-2025 (USD Million)
Table 46 Asia-Pacific Predictive Analytics in Healthcare Market, By End Users, 2016-2025 (USD Million)
Table 47 China Predictive Analytics in Healthcare Market, By Application, 2016-2025 (USD Million)
Table 48 China Predictive Analytics in Healthcare Market, By Component, 2016-2025 (USD Million)
Table 49 China Predictive Analytics in Healthcare Market, By End Users, 2016-2025 (USD Million)
Table 50 India Predictive Analytics in Healthcare Market, By Application, 2016-2025 (USD Million)
Table 51 India Predictive Analytics in Healthcare Market, By Component, 2016-2025 (USD Million)
Table 52 India Predictive Analytics in Healthcare Market, By End Users, 2016-2025 (USD Million)
Table 53 Japan Predictive Analytics in Healthcare Market, By Application, 2016-2025 (USD Million)
Table 54 Japan Predictive Analytics in Healthcare Market, By Component, 2016-2025 (USD Million)
Table 55 Japan Predictive Analytics in Healthcare Market, By End Users, 2016-2025 (USD Million)
Table 56 South Korea Predictive Analytics in Healthcare Market, By Application, 2016-2025 (USD Million)
Table 57 South Korea Predictive Analytics in Healthcare Market, By Component, 2016-2025 (USD Million)
Table 58 South Korea Predictive Analytics in Healthcare Market, By End Users, 2016-2025 (USD Million)
Table 59 Rest of Asia-Pacific Predictive Analytics in Healthcare Market, By Application, 2016-2025 (USD Million)
Table 60 Rest of Asia-Pacific Predictive Analytics in Healthcare Market, By Component, 2016-2025 (USD Million)
Table 61 Rest of Asia-Pacific Predictive Analytics in Healthcare Market, By End Users, 2016-2025 (USD Million)
Table 62 Middle East and Africa Predictive Analytics in Healthcare Market, By Application, 2016-2025 (USD Million)
Table 63 Middle East and Africa Predictive Analytics in Healthcare Market, By Component, 2016-2025 (USD Million)
Table 64 Middle East and Africa Predictive Analytics in Healthcare Market, By End Users, 2016-2025 (USD Million)
Table 65 South America Predictive Analytics in Healthcare Market, By Application, 2016-2025 (USD Million)
Table 66 South America Predictive Analytics in Healthcare Market, By Component, 2016-2025 (USD Million)
Table 67 South America Predictive Analytics in Healthcare Market, By End Users, 2016-2025 (USD Million)
List of Figures
Figure 1 Global Predictive Analytics in Healthcare Market: Market Segmentation
Figure 2 Global Predictive Analytics in Healthcare Market: Research Methodology
Figure 3 Breakdown of Primary Interviews
Figure 4 Top Down Approach
Figure 5 Bottom Up Approach
Figure 6 Data Triangulation
Figure 7 Global Predictive Analytics in Healthcare Market: Drivers, Restraints, Opportunities, and Challenges
Figure 8 Global Predictive Analytics in Healthcare Market: Porter's Five Forces Model Analysis
Figure 9 Global Predictive Analytics in Healthcare Market: Value Chain Analysis
Figure 10 Global Predictive Analytics in Healthcare Market Share Analysis, By Application, 2020 and 2025
Figure 11 Global Predictive Analytics in Healthcare Market Share Analysis, By Component, 2020 and 2025
Figure 12 Global Predictive Analytics in Healthcare Market Share Analysis, By End Users, 2020 and 2025
Figure 13 Global Predictive Analytics in Healthcare Market Share Analysis, By Region, 2020 and 2025
Figure 14 North America Predictive Analytics in Healthcare Market Share Analysis, By Country, 2020 and 2025
Figure 15 North America Predictive Analytics in Healthcare Market Share Analysis, By Application, 2020 and 2025
Figure 16 North America Predictive Analytics in Healthcare Market Share Analysis, By Component, 2020 and 2025
Figure 17 North America Predictive Analytics in Healthcare Market Share Analysis, By End Users, 2020 and 2025
Figure 18 Europe Predictive Analytics in Healthcare Market Share Analysis, By Country, 2020 and 2025
Figure 19 Europe Predictive Analytics in Healthcare Market Share Analysis, By Application, 2020 and 2025
Figure 20 Europe Predictive Analytics in Healthcare Market Share Analysis, By Component, 2020 and 2025
Figure 21 Europe Predictive Analytics in Healthcare Market Share Analysis, By End Users, 2020 and 2025
Figure 22 Asia-Pacific Predictive Analytics in Healthcare Market Share Analysis, By Country, 2020 and 2025
Figure 23 Asia-Pacific Predictive Analytics in Healthcare Market Share Analysis, By Application, 2020 and 2025
Figure 24 Asia-Pacific Predictive Analytics in Healthcare Market Share Analysis, By Component, 2020 and 2025
Figure 25 Asia-Pacific Predictive Analytics in Healthcare Market Share Analysis, By End Users, 2020 and 2025
Figure 26 Middle East and Africa Predictive Analytics in Healthcare Market Share Analysis, By Application, 2020 and 2025
Figure 27 Middle East and Africa Predictive Analytics in Healthcare Market Share Analysis, By Component, 2020 and 2025
Figure 28 Middle East and Africa Predictive Analytics in Healthcare Market Share Analysis, By End Users, 2020 and 2025
Figure 29 South America Predictive Analytics in Healthcare Market Share Analysis, By Application, 2020 and 2025
Figure 30 South America Predictive Analytics in Healthcare Market Share Analysis, By Component, 2020 and 2025
Figure 31 South America Predictive Analytics in Healthcare Market Share Analysis, By End Users, 2020 and 2025
Figure 32 Global Predictive Analytics in Healthcare Market: Competitive Benchmarking
Figure 33 Global Predictive Analytics in Healthcare Market: Vendor Share Analysis, 2020 (%)