According to the recent study the healthcare analytics market is projected to reach an estimated $XX billion by 2028 from $XX billion in 2023, at a CAGR of 25% to 27% from 2023 to 2028. Growth in this market is primarily driven by increasing usage of healthcare analytics to manage different collected data and give patients better care and increasing financial support for healthcare analytics startups.

Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in healthcare analytics market by product type (descriptive, predictive, prescriptive, and cognitive), application (clinical, financial, operational & administrative, and population health analytics), component (services, hardware, and software), deployment (on-premise and on-demand), end use industry (payers, providers, and ACOs, HIEs, MCOs & TPAs), and region (North America, Europe, Asia Pacific, and the Rest of the World).

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“Services market is expected to remain the largest segment during the forecast period.”

Based on component, the healthcare analytics market is segmented into services, hardware, and software. Lucintel forecasts that the services market is expected to remain the largest segment due to the increasing demand for services to update and maintain software in the healthcare sector.

“Within the healthcare analytics market, the financial segment is expected to remain the largest application”

Based on application the financial segment is expected to witness the highest growth over the forecast period due to the growing use of analytics to improve patient outcomes and reduce cost of treatment and increasing demand for account management and fraud prevention with the help of analytics.

“North America will dominate the healthcare analytics market in near future”

North America will remain the largest region due to the growing evolution of healthcare services, presence of key market players, and emergence of Microsoft cloud in healthcare to give valuable insights related to patient care in the region.

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Major players of healthcare analytics market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. IBM, SAS Institute, Optum, Cerner, Allscripts Healthcare, Cotiviti are among the major healthcare analytics providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/healthcare-analytics-market.aspx  or [email protected]