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Healthcare Predictive Analytics Market Size, Share, Trends, Growth Outlook

Healthcare Predictive Analytics Market Size, Share, Trends, Growth Outlook, and Opportunities to 2030- By Analytics (Operations Management, Financial, Population Health, Clinical), By End-User (Payers, Providers, Others), Countries and Companies Report

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  • |Published Month : October, 2024
  • |No. of Pages : 190

Healthcare Predictive Analytics Market is estimated to increase at a growth rate of 27.5% CAGR over the forecast period from 2024 to 2030.

 

The Healthcare Predictive Analytics Market study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments including By Analytics (Operations Management, Financial, Population Health, Clinical), By End-User (Payers, Providers, Others).

 

An Introduction to Healthcare Predictive Analytics Market in 2024

The healthcare predictive analytics market in 2024 caters to the growing demand from healthcare providers, payers, and life sciences companies for advanced analytics solutions and predictive modeling techniques to derive actionable insights, optimize clinical workflows, and improve patient outcomes, population health management, and financial performance. Predictive analytics platforms leverage machine learning algorithms, data mining techniques, and predictive modeling tools to analyze large volumes of healthcare data, including electronic health records (EHRs), claims data, and genomic information, to identify patterns, predict future events, and guide decision-making in healthcare delivery, resource allocation, and risk stratification. Market dynamics are driven by factors such as the digitization of healthcare data, the proliferation of wearables and remote monitoring devices, and the shift towards value-based care and population health management. Collaboration between predictive analytics vendors, healthcare organizations, and data scientists drives innovation and market growth in healthcare predictive analytics solutions, enabling more personalized, proactive, and cost-effective approaches to healthcare delivery and management.

Healthcare Predictive Analytics Industry- Market Size, Share, Trends, Growth Outlook

Healthcare Predictive Analytics Market Trend: Integration of Artificial Intelligence and Machine Learning

A prominent trend in the Healthcare Predictive Analytics market is the integration of artificial intelligence (AI) and machine learning (ML) algorithms into predictive analytics solutions. Healthcare organizations are increasingly leveraging AI and ML technologies to analyze large volumes of healthcare data, including electronic health records, medical images, and genomic data, to identify patterns, predict future health outcomes, and personalize patient care. By harnessing the power of AI and ML, predictive analytics solutions can deliver more accurate predictions, improve clinical decision-making, and enhance patient outcomes, driving the adoption of advanced predictive analytics tools across the healthcare industry.

Healthcare Predictive Analytics Market Driver: Rising Demand for Population Health Management

A significant driver in the Healthcare Predictive Analytics market is the rising demand for population health management solutions. With the shift towards value-based care and a growing emphasis on preventive care and population health management, healthcare organizations are increasingly turning to predictive analytics to identify high-risk patient populations, predict adverse health events, and proactively intervene to improve outcomes and reduce healthcare costs. Predictive analytics enables healthcare providers to stratify patient populations based on risk, target interventions effectively, and optimize resource allocation, thereby driving the adoption of predictive analytics solutions for population health management initiatives.

Healthcare Predictive Analytics Market Opportunity: Expansion into Remote Patient Monitoring

An opportunity for market growth in the Healthcare Predictive Analytics market lies in expanding solutions to support remote patient monitoring (RPM). As the healthcare industry embraces remote care delivery models and telehealth services, there is a growing need for predictive analytics solutions that can analyze remote patient data, monitor patient health status in real-time, and predict potential health complications. By incorporating predictive analytics into RPM platforms, healthcare organizations can remotely monitor patients with chronic conditions, detect early signs of deterioration, and intervene proactively to prevent adverse events, improving patient outcomes and reducing healthcare utilization. This presents a significant opportunity for predictive analytics vendors to expand their offerings into the rapidly growing field of remote patient monitoring.

 

Healthcare Predictive Analytics Market Segmentation

By Analytics

Operations Management

-Demand Forecasting

-Workforce Planning and Scheduling

-Inpatient Scheduling

-Outpatient Scheduling

Financial

-Revenue Cycle Management

-Fraud Detection

-Others

Population Health

-Population Risk Management

-Patient Engagement

-Population Therapy Management

-Others

Clinical

-Quality Benchmarking

-Patient Care Enhancement

-Clinical Outcome Analysis and Management

 

By End-User

Payers

Providers

Others

 

Geographical Analysis

North America (United States, Canada, Mexico)

Europe (Germany, France, United Kingdom, Spain, Italy, Rest of Europe)

Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)

South America (Brazil, Argentina, Rest of South America)

Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)

 

Healthcare Predictive Analytics Market Companies

All Scripts Healthcare Solutions Inc

Cerner Corp

IBM

McKesson Corp

MedeAnalytics Inc

Optum Inc

Oracle

SAS

Verisk Analytics Inc

*- List Not Exhaustive

 

Reasons to Buy the Healthcare Predictive Analytics Market Study

• Deepen your industry insights and navigate uncertainties for strategy formulation, CAPEX, and Operational decisions

• Gain access to detailed insights on the Healthcare Predictive Analytics Market, encompassing current market size, growth trends, and forecasts till 2030.

• Access detailed competitor analysis, enabling competitive advantage through a thorough understanding of market players, strategies, and potential differentiation opportunities

• Stay ahead of the curve with insights on technological advancements, innovations, and upcoming trends

• Identify lucrative investment avenues and expansion opportunities within the Healthcare Predictive Analytics Market industry, guided by robust, data-backed analysis.

• Understand regional and global markets through country-wise analysis, regional market potential, regulatory nuances, and dynamics

• Execute strategies with confidence and speed through information, analytics, and insights on the industry value chain

• Corporate leaders, strategists, financial experts, shareholders, asset managers, and governmental representatives can make long-term planning scenarios and build an integrated and timely understanding of market dynamics

• Benefit from tailored solutions and expert consultation based on report insights, providing personalized strategies aligned with specific business needs.

TABLE OF CONTENTS

 

1 Introduction to 2024 Healthcare Predictive Analytics Market

1.1 Market Overview

1.2 Quick Facts

1.3 Scope/Objective of the Study

1.4 Market Definition

1.5 Countries and Regions Analyzed

1.6 Units, Currency, and Conversions

1.7 Industry Value Chain

 

2 Research Methodology

2.1 Market Size Estimation

2.2 Sources and Research Methodology

2.3 Data Triangulation

2.4 Assumptions and Limitations

 

3 Executive Summary

3.1 Global Healthcare Predictive Analytics Market Size Outlook, $ Million, 2021 to 2030

3.2 Healthcare Predictive Analytics Market Outlook by Type, $ Million, 2021 to 2030

3.3 Healthcare Predictive Analytics Market Outlook by Product, $ Million, 2021 to 2030

3.4 Healthcare Predictive Analytics Market Outlook by Application, $ Million, 2021 to 2030

3.5 Healthcare Predictive Analytics Market Outlook by Key Countries, $ Million, 2021 to 2030

 

4 Market Dynamics

4.1 Key Driving Forces of Healthcare Predictive Analytics Market Industry

4.2 Key Market Trends in Healthcare Predictive Analytics Market Industry

4.3 Potential Opportunities in Healthcare Predictive Analytics Market Industry

4.4 Key Challenges in Healthcare Predictive Analytics Market Industry

 

5 Market Factor Analysis

5.1 Competitive Landscape

5.1.1 Global Healthcare Predictive Analytics Market Share by Company (%), 2023

5.1.2 Product Offerings by Company

5.2 Porter’s Five Forces Analysis

 

6 Growth Outlook Across Scenarios

6.1 Growth Analysis-Case Scenario Definitions

6.2 Low Growth Scenario Forecasts

6.3 Reference Growth Scenario Forecasts

6.4 High Growth Scenario Forecasts

 

7 Global Healthcare Predictive Analytics Market Outlook By Segments

7.1 Healthcare Predictive Analytics Market Outlook by Segments

By Analytics

Operations Management

-Demand Forecasting

-Workforce Planning and Scheduling

-Inpatient Scheduling

-Outpatient Scheduling

Financial

-Revenue Cycle Management

-Fraud Detection

-Others

Population Health

-Population Risk Management

-Patient Engagement

-Population Therapy Management

-Others

Clinical

-Quality Benchmarking

-Patient Care Enhancement

-Clinical Outcome Analysis and Management

By End-User

Payers

Providers

Others

 

8 North America Healthcare Predictive Analytics Market Analysis And Outlook To 2030

8.1 Introduction to North America Healthcare Predictive Analytics Markets in 2024

8.2 North America Healthcare Predictive Analytics Market Size Outlook by Country, 2021-2030

8.2.1 United States

8.2.2 Canada

8.2.3 Mexico

8.3 North America Healthcare Predictive Analytics Market size Outlook by Segments, 2021-2030

By Analytics

Operations Management

-Demand Forecasting

-Workforce Planning and Scheduling

-Inpatient Scheduling

-Outpatient Scheduling

Financial

-Revenue Cycle Management

-Fraud Detection

-Others

Population Health

-Population Risk Management

-Patient Engagement

-Population Therapy Management

-Others

Clinical

-Quality Benchmarking

-Patient Care Enhancement

-Clinical Outcome Analysis and Management

By End-User

Payers

Providers

Others

 

9 Europe Healthcare Predictive Analytics Market Analysis And Outlook To 2030

9.1 Introduction to Europe Healthcare Predictive Analytics Markets in 2024

9.2 Europe Healthcare Predictive Analytics Market Size Outlook by Country, 2021-2030

9.2.1 Germany

9.2.2 France

9.2.3 Spain

9.2.4 United Kingdom

9.2.4 Italy

9.2.5 Russia

9.2.6 Norway

9.2.7 Rest of Europe

9.3 Europe Healthcare Predictive Analytics Market Size Outlook By Segments, 2021-2030

By Analytics

Operations Management

-Demand Forecasting

-Workforce Planning and Scheduling

-Inpatient Scheduling

-Outpatient Scheduling

Financial

-Revenue Cycle Management

-Fraud Detection

-Others

Population Health

-Population Risk Management

-Patient Engagement

-Population Therapy Management

-Others

Clinical

-Quality Benchmarking

-Patient Care Enhancement

-Clinical Outcome Analysis and Management

By End-User

Payers

Providers

Others

 

10 Asia Pacific Healthcare Predictive Analytics Market Analysis And Outlook To 2030

10.1 Introduction to Asia Pacific Healthcare Predictive Analytics Markets in 2024

10.2 Asia Pacific Healthcare Predictive Analytics Market Size Outlook by Country, 2021-2030

10.2.1 China

10.2.2 India

10.2.3 Japan

10.2.4 South Korea

10.2.5 Indonesia

10.2.6 Malaysia

10.2.7 Australia

10.2.8 Rest of Asia Pacific

10.3 Asia Pacific Healthcare Predictive Analytics Market size Outlook by Segments, 2021-2030

By Analytics

Operations Management

-Demand Forecasting

-Workforce Planning and Scheduling

-Inpatient Scheduling

-Outpatient Scheduling

Financial

-Revenue Cycle Management

-Fraud Detection

-Others

Population Health

-Population Risk Management

-Patient Engagement

-Population Therapy Management

-Others

Clinical

-Quality Benchmarking

-Patient Care Enhancement

-Clinical Outcome Analysis and Management

By End-User

Payers

Providers

Others

 

11 South America Healthcare Predictive Analytics Market Analysis And Outlook To 2030

11.1 Introduction to South America Healthcare Predictive Analytics Markets in 2024

11.2 South America Healthcare Predictive Analytics Market Size Outlook by Country, 2021-2030

11.2.1 Brazil

11.2.2 Argentina

11.2.3 Rest of South America

11.3 South America Healthcare Predictive Analytics Market size Outlook by Segments, 2021-2030

By Analytics

Operations Management

-Demand Forecasting

-Workforce Planning and Scheduling

-Inpatient Scheduling

-Outpatient Scheduling

Financial

-Revenue Cycle Management

-Fraud Detection

-Others

Population Health

-Population Risk Management

-Patient Engagement

-Population Therapy Management

-Others

Clinical

-Quality Benchmarking

-Patient Care Enhancement

-Clinical Outcome Analysis and Management

By End-User

Payers

Providers

Others

 

12 Middle East And Africa Healthcare Predictive Analytics Market Analysis And Outlook To 2030

12.1 Introduction to Middle East and Africa Healthcare Predictive Analytics Markets in 2024

12.2 Middle East and Africa Healthcare Predictive Analytics Market Size Outlook by Country, 2021-2030

12.2.1 Saudi Arabia

12.2.2 UAE

12.2.3 Oman

12.2.4 Rest of Middle East

12.2.5 Egypt

12.2.6 Nigeria

12.2.7 South Africa

12.2.8 Rest of Africa

12.3 Middle East and Africa Healthcare Predictive Analytics Market size Outlook by Segments, 2021-2030

By Analytics

Operations Management

-Demand Forecasting

-Workforce Planning and Scheduling

-Inpatient Scheduling

-Outpatient Scheduling

Financial

-Revenue Cycle Management

-Fraud Detection

-Others

Population Health

-Population Risk Management

-Patient Engagement

-Population Therapy Management

-Others

Clinical

-Quality Benchmarking

-Patient Care Enhancement

-Clinical Outcome Analysis and Management

By End-User

Payers

Providers

Others

 

13 Company Profiles

13.1  Company Snapshot

13.2 SWOT Profiles

13.3 Products and Services

13.4 Recent Developments

13.5 Financial Profile

List of Companies

All Scripts Healthcare Solutions Inc

Cerner Corp

IBM

McKesson Corp

MedeAnalytics Inc

Optum Inc

Oracle

SAS

Verisk Analytics Inc

 

14 Appendix

14.1 Customization Offerings

14.2 Subscription Services

14.3 Related Reports

14.4 Publisher Expertise

Healthcare Predictive Analytics Market Segmentation

By Analytics

Operations Management

-Demand Forecasting

-Workforce Planning and Scheduling

-Inpatient Scheduling

-Outpatient Scheduling

Financial

-Revenue Cycle Management

-Fraud Detection

-Others

Population Health

-Population Risk Management

-Patient Engagement

-Population Therapy Management

-Others

Clinical

-Quality Benchmarking

-Patient Care Enhancement

-Clinical Outcome Analysis and Management

 

By End-User

Payers

Providers

Others

 

Geographical Analysis

North America (United States, Canada, Mexico)

Europe (Germany, France, United Kingdom, Spain, Italy, Rest of Europe)

Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)

South America (Brazil, Argentina, Rest of South America)

Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)

Frequently Asked Questions