According to FutureWise analysis the market for healthcare analytics in 2023 is US$ 33.46 billion, and is expected to reach US$ 211.46 billion by 2031 at a CAGR of 25.92%.
Healthcare Analytics Market is proliferating with a remarkable growth rate owing to the rise in the venture capital investments, increasing governmental initiatives for promoting the adoption of Electronic Health Records, the utilization of big data for healthcare database management. The North America Region dominates the market owing to the rising federal mandates associated with healthcare, increase in the adoption of EHR and increased emphasis of the government over personalized medicine and population health management.
FutureWise Market Research has instantiated a report that provides an intricate analysis of Healthcare Analytics Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.
According to the research study conducted by FutureWise research analysts, the Healthcare Analytics Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.