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Healthcare Data Analytics Market size worth $ 122.20 Billion, Globally, by 2030 at 23.12% CAGR: Verified Market Research®

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The “Global Healthcare Data Analytics Market Size By Type (Descriptive Analysis, Predictive Analysis), By Component (Software, Hardware), By Delivery Mode (On-Premises, Web-Hosted), By End-Use (Healthcare Payers, Healthcare Providers), By Geographic Scope And Forecast” report has been published by Verified Market Research®. The report provides an in-depth analysis of the global Healthcare Data Analytics Market, including its growth prospects, market trends, and market challenges.
JERSEY CITY, N.J., July 11, 2023 /PRNewswire/ — The Global Healthcare Data Analytics Market is projected to grow at a CAGR of 23.12% from 2023 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 26.70 Billion in 2022 and is expected to reach USD 122.20 Billion by the end of the forecast period.
Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample?rid=60349
Browse in-depth TOC on “Healthcare Data Analytics Market”202 – Pages126 – Tables37 – Figures
Healthcare Data Analytics Market Poised for Growth, Driven by Key Factors and Leading Players
The healthcare data analytics market is on the brink of significant expansion, fueled by the crucial role played by the collection and analysis of data in identifying improvement opportunities across various aspects of the health system. Healthcare professionals leverage this process to make informed judgments that benefit the industry as a whole. By utilizing real-time and historical data analysis, healthcare data analytics predicts trends, uncovers actionable insights, and fosters long-term growth.
Key Drivers for Market Growth
The global healthcare data analytics market is set for substantial growth, primarily driven by the following factors:
Improved Care Quality: The integration of data analytics enables healthcare providers to enhance the quality of care delivery, leading to improved patient outcomes and satisfaction.Increased Utilization of Big Data Analytics: The growing utilization of big data analytics empowers healthcare organizations to derive valuable insights from vast amounts of data, improving decision-making processes and operational efficiencies.Growing Adoption of Electronic Health Records (EHR) in Developing Countries: The adoption of EHR systems in developing countries expands the data available for analysis, contributing to better patient care coordination and healthcare management.Prevention of Avoidable Costs: Data analytics assists in identifying areas where costs can be reduced and unnecessary expenditures can be avoided, leading to significant savings in healthcare spending.Venture Capital Investments and Rising Healthcare Expenditures: The market benefits from substantial venture capital investments and increasing healthcare expenditures, driving technological advancements and innovation in healthcare data analytics.Demand for Analytics in Sales and Marketing: Analytics plays a pivotal role in sales and marketing applications, enabling healthcare organizations to improve targeting, optimize marketing campaigns, and enhance overall sales performance.Rise in Chronic Illnesses and the Need to Reduce Healthcare Spending: The increasing prevalence of chronic diseases and the pressing need to curb healthcare spending further contribute to the growth of the healthcare data analytics market.Market Outlook and Expansion
The healthcare industry is experiencing a significant shift in focus towards data collection and analysis, driven by advancements in customer service and technology. The emergence of big data in healthcare, influenced by the proliferation of social media, has created a vast market for healthcare analytics. Moreover, increased funding for medical technology firms, coupled with the development of mHealth apps, big data analytics, and Internet of Things (IoT) technologies, is expected to drive substantial expansion of the global healthcare data analytics market.
Market Challenges and Restraints
Despite the promising growth prospects, the healthcare data analytics industry faces certain challenges. The shortage of appropriately trained staff for data storage and raw data analysis highlights a growing talent gap. Limited skills, knowledge, expertise, and experience in data analytics operations hinder the market’s potential. Increasing research and development initiatives pose obstacles to market demand. Additionally, high implementation costs, along with security and storage-related concerns, act as significant restraints in the market.
Key Players in the Market
Prominent companies driving the healthcare data analytics market include Allscripts, Cerner, Health Catalyst, IBM, Inovalon, McKesson, MedeAnalytics, Optum, Oracle, SAS, Wipro, Verscend, CitusTech, Cerner Corporation, and Koninklijke Philips N.V. These market leaders employ financial statements, product benchmarking, SWOT analysis, and key development strategies to maintain a competitive edge and drive innovation.
In conclusion, the healthcare data analytics market presents tremendous growth potential, leveraging improved care quality, big data utilization, and increased adoption of healthcare information technology solutions. Addressing challenges related to talent acquisition, research initiatives, implementation costs, and security is crucial for the sustained development of the market.
To get market data, market insights, financial statements and a comprehensive analysis of the Global Healthcare Data Analytics Market, please Contact Verified Market Research®.
Based on the research, Verified Market Research® has segmented the global Healthcare Data Analytics Market into Type, Component, Delivery Mode, End-Use, And Geography.
Healthcare Data Analytics Market, by TypePredictive AnalysisDescriptive AnalysisPrescriptive AnalysisHealthcare Data Analytics Market, by ComponentSoftwareHardwareServicesHealthcare Data Analytics Market, by Delivery ModeOn-PremisesWeb-HostedCloud-BasedHealthcare Data Analytics Market, by End-UseHealthcare PayersHealthcare ProvidersLife Science CompaniesHealthcare Data Analytics Market, by GeographyNorth AmericaU.SCanadaMexicoEuropeGermanyFranceU.KRest of EuropeAsia PacificChinaJapanIndiaRest of Asia PacificROWMiddle East & AfricaLatin AmericaBrowse Related Reports:
Healthcare Data Storage Market By Solution (On-prime, Hybrid), By Type (Magnetic Storage, Flash & Solid-State Storage), By Architecture (File Storage, Object Storage), By Storage System (Direct-Attached Storage, Network-Attached Storage), By Application (Financial Analysis, Clinical Analysis), By End-User (Hospitals and Clinics, Pharmaceutical & Biotechnology Companies), By Geography, And Forecast
Healthcare Automatic Identification And Data Capture (AIDC) Market By Type (Magnetic Stripe Cards, Smart Cards), By Application (Clinical Application, Non-Clinical Application), By Geography, And Forecast
Big Data Analytics In Healthcare Market By Analytics Type (Prescriptive Analytics, Predictive Analytics), By Application (Clinical Analytics, Financial Analytics), By End-User (Research Organizations, Hospitals And Clinics), By Geography, And Forecast
Artificial Intelligence Ai In Healthcare Market By Product (Deep Learning, Querying Method, Natural Language Processing, Context Aware Processing, Other), By Application (Hospitals, Clinics, Research Institutions, Other), By Geography, And Forecast
Top 10 Healthcare Contract Manufacturing Companies bolstering the medical device industry
Visualize Healthcare Data Analytics Market using Verified Market Intelligence -:
Verified Market Intelligence is our BI Enabled Platform for narrative storytelling in this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue-impacting decisions for a brilliant future.
VMI provides a holistic overview and global competitive landscape with respect to Region, Country, Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.
About Us
Verified Market Research® is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research® provides advanced analytical research solutions while offering information-enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.
We study 14+ categories from Semiconductors & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & Construction, Agriculture industry and Medical Devices from over 100 countries.
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QKS Group Names QuestionPro as SPARK Matrix Leader in Both Voice of Customer & Customer Journey Mapping Platforms

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QuestionPro is the only company to lead both categories, a testament to its belief that journey mapping and VoC should be a single holistic process.
AUSTIN, Texas, Sept. 20, 2024 /PRNewswire/ — QuestionPro today announced it has been named a Q3 2024 SPARK Leader in the SPARK MatrixTM analysis of both the global Voice of Customer (VoC) and the Customer Journey Mapping platforms The QKS Group formerly known as Quadrant Knowledge Solutions SPARK Matrix™ provides competitive analysis & ranking of the leading vendors in these markets. 

The QKS Group formerly known as Quadrant Knowledge Solutions SPARK Matrix: Voice of Customer (VoC) and Customer Journey Mapping platforms, Q3, 2024, include a detailed analysis of global market dynamics, vendor landscape, and competitive positioning. The study provides competitive analysis and ranking of the leading platform vendors in the form of its SPARK MatrixTM, providing strategic information for users to evaluate different vendor capabilities, competitive differentiation, and market position.
According to Abhishek Dubey, Analyst, QKS Group, “QuestionPro’s Voice of Customer Platform stands out with its diverse feedback capture methods, such as email, SMS, and intercept surveys, which allow organizations to gather insights from multiple touchpoints for a comprehensive view of customer experiences. The platform’s advanced survey design tools, coupled with Pathos AI for analyzing text and speech data, help transform raw feedback into actionable insights, enabling organizations to understand and respond to customer needs more effectively.
“Its intuitive dashboards facilitate data visualization and trend analysis, while the enhanced case management and journey mapping features streamline customer interactions and feedback loops. These capabilities, combined with a strong focus on innovation and customer-centric improvements, distinguish QuestionPro as a leader in the market, empowering organizations to achieve superior customer satisfaction and loyalty.”
According to Palika S, Analyst at QKS Group, “QuestionPro’s Customer Journey Platform stands out as a sophisticated solution for organizations seeking to gain deep insights into their customers’ experiences. By combining advanced analytics and intuitive visualizations, the platform provides a comprehensive view of the customer journey, from initial touchpoints to post-purchase interactions. The platform’s robust case management features streamline the process of tracking customer interactions and identifying areas for improvement, while its integration with other enterprise systems ensures a seamless and efficient workflow.
“With intuitive dashboards and deep integration with existing CRM systems, QuestionPro’s platform enables organizations to streamline journey orchestration, enhance customer engagement, and drive meaningful outcomes. By providing a comprehensive view of the customer journey, QuestionPro empowers organizations to make data-driven decisions that enhance customer satisfaction, loyalty, and overall business performance.”
“Being named a SPARK Leader for both Voice of Customer (VoC) and Customer Journey Mapping platforms is a testament not only to our dedication to innovation and customer success, but a reflection that our approach is working,” said Ken Peterson, President of CX, QuestionPro. “Yet, to be the leader in both categories reflects our belief that that journey mapping and VOC should be a single holistic process, and we continue to architect our platform to make it easy for customers to integrate VoC and Journey Mapping.”
Both reports are available for complimentary downloads:
SPARK matrix: Customer Journey Mapping (CJM) platform, Q3, 2024: https://questionpro.com/spark-matrix-customer-journey-mapping-2024/SPARK matrix: Voice of Customer (VoC) platform, Q3, 2024: https://questionpro.com/spark-matrix-voice-of-the-customer-2024/About QuestionPro:
Founded in 2006, QuestionPro is a global provider of online survey and research services that help companies make better decisions through data. Our fully integrated online platform includes surveys, research & insights, customer experience (CX) and workforce/employee experience software. We additionally offer polling, journey mapping, employee 360s, and data visualization. Our clientele ranges from small businesses to Fortune 100 companies, who rely on us for insights about customers, employees, and the marketplace. With offices in the US, Canada, Mexico, U.K., Germany, Japan, Australia, the United Arab Emirates and India, we offer customers 24-7 access to highly trained support specialists and engineers. More information is available at www.questionpro.com.
Media ContactJohn Williams, Scoville PR for QuestionPro206.660.5503, [email protected] 
About QKS Group:
QKS Group formerly known as Quadrant Knowledge Solutions is a global advisory and consulting firm focused on helping clients achieve business transformation goals with Strategic Business and Growth advisory services. At QKS Group, our vision is to become an integral part of our client’s business as a strategic knowledge partner. Our research and consulting deliverables are designed to provide comprehensive information and strategic insights for helping clients formulate growth strategies to survive and thrive in ever-changing business environments.
For more available research, please visit https://qksgroup.com/ 
Contact:Shraddha RoyPR & Media RelationsQKS GroupRegus Business Center35 Village Road, Suite 100,Middleton Massachusetts 01949United StatesEmail: [email protected] Source: https://qksgroup.com/resources/newsroom/quadrant-knowledge-solutions-names-questionpro-as-spark-matrix-leader-in-both-voice-of-customer-customer-journey-mapping-platforms?id=773
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Huawei Cloud Stack Interprets Its National Government Cloud Reference Architecture, Helping Global Governments Thrive on the Cloud

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SHANGHAI, Sept. 20, 2024 /PRNewswire/ — At HUAWEI CONNECT 2024, the Huawei Cloud Stack Roundtable for Global Government CIOs, with the theme, “Dive into Cloud and Thrive with Intelligence”, was held. Digital economy leaders from 20 countries in Asia Pacific, Africa, Middle East, Central Asia, and Latin America convened to share their digital visions and successful experiences running government services on the cloud. Shang Haifeng, the CEO of Huawei Mainframe Modernization BU and President of Huawei Hybrid Cloud, and Wind Li, Vice President of Huawei and CEO of Global Public BU.

Digital technologies are propelling global development. More than 170 countries have launched digital development strategies, and over 50 countries have initiated AI strategies. Top authorities of many countries have realized the importance of digital transformation. Shang Haifeng, CEO of Huawei Mainframe Modernization BU and President of Huawei Hybrid Cloud, emphasized, “Huawei Cloud is at the forefront of global digitalization. We have delivered more than 800 government cloud projects across more than 120 countries and regions. Huawei Cloud Stack is dedicated to supporting the digital future of nations and driving intelligent transformation of government and enterprise customers with innovative technologies and solutions like AI and the national government cloud solution.”
At the forum, Wind Li, Vice President of Huawei and CEO of Global Public BU, stated that Huawei’s innovative technologies and solutions are continuously driving more efficient public services and transforming government service models, contributing to the high-quality development of the digital economy. He emphasized: “Diving into cloud is not just technological advancement; it is also a key force in innovating government service models and propelling the development of the digital economy. With these emerging technologies, the experience of public services, the efficiency of government collaboration, and the precision of government governance will be comprehensively enhanced, providing strong support for the sustainable development of the economy and society.”
As many countries are pushing forwards cloud native adoption, building secure, compliant, and efficient government clouds to accelerate innovation remains a significant challenge. Drawing on extensive experience, Huawei Cloud Stack provides a national government cloud reference architecture for three types of clouds: security clouds, government clouds, and public clouds. Hu Hang, General Manager for International Business of Huawei Hybrid Cloud, interpreted the reference architecture, saying, “Huawei Cloud Stack, with its trusted cloud infrastructure, data-AI convergency platform, and AI-Native cloud, forges a core cloud foundation for the Huawei National Cloud 2.0 solution. Deployed on-premises, we provide over 120 essential cloud services and more than 40 scenario-specific solutions to help governments achieve their national digital visions faster.”
Hu Hang also announced the official launch of Huawei Cloud Stack’s Government Leap Program where three major leaps are involved:
Scenario leap: Huawei will work with customers and partners to create over 10 scenario-specific benchmarks centered around data governance, disaster recovery, cloud security, and AI and drive the modernization of government applications.
Migration leap: Huawei will offer free virtualization migration tools, covering 500+ mainstream operating systems. They will provide exclusive business incentives for the first 50 customers migrating to Huawei Cloud Stack.
Industry leap: Huawei will help customers create more than 100 industry benchmarks to improve their industry influence. They will also collaborate with customers on the publication of white papers to showcase industry-leading practices and promote industry development.
Wongkot Vijacksungsithi, Senior Executive Vice President of National Telecom (NT) in Thailand, detailed the Thailand government’s journey with the “Cloud First” national initiative, highlighting strategic collaboration with Huawei Cloud Stack. Together, they established a national cloud data center that serves as a unified platform for 205 government departments, significantly enhancing service delivery and resource management efficiency. Leveraging Huawei Cloud Stack, the Government Data Center and Cloud (GDCC) system operated by NT now manages cloud resources flexibly and efficiently, propelling the Thailand’s digital government transformation. This saves them THB800 million in annual operational costs for digital infrastructure.
At the roundtable, Kelvin Kibiwott Kiprop, CIO of KoTDA, outlined the digital strategy for Konza Smart City, emphasizing that cloud and AI are pivotal to smart city evolution. In a strategic alliance with Huawei Cloud Stack, Konza has established Kenya’s first Tier-3 cloud data center, facilitating the cloud migration of over 70 core government and enterprise applications in Konza. Looking ahead, Konza is set to intensify its partnership with Huawei Cloud by developing more digital services like a smart customer service and intelligent government OA system. These initiatives aim to address user needs across diverse scenarios and drive forward Kenya’s digital economy.
Since 2024, Huawei has initiated the “Leap2Cloud” initiative, inviting global government and enterprise customers to dive into cloud and unlock its vast potential. Throughout this journey, many pioneering government customers have collaborated with Huawei to innovate on the cloud, improving public services, fostering economic growth, and refining governance. At this roundtable, Huawei Cloud honored these pioneers with the “Leap2Cloud Distinguished Government Innovation Pioneer Awards”, expressing the gratitude for their enduring support and trust. Huawei Cloud looks forward to scaling new heights of innovation together with the partners in the future.
With innovative technologies and numerous industry-specific solutions, Huawei Cloud Stack provides a preferred hybrid cloud for more than 5,500 government and enterprise customers around the world. Moving forward, Huawei Cloud remains committed to promoting global digital transformation and driving the digital economy’s quality growth with cutting-edge tech and superior services.
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ACL Digital Unveils Expansion Plans With Its New Office in Hyderabad

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SANTA CLARA, Calif., Sept. 20, 2024 /PRNewswire/ — ACL Digital, an ALTEN group company and leader in design-led digital experiences, innovation, enterprise IT modernization, and product engineering services, is thrilled to announce the grand opening of its new office in Hyderabad.

This strategic expansion perfectly aligns with ACL Digital’s growth strategy and the region’s increasing demand for cutting-edge semiconductor design services. The Hyderabad center will enable clients in Hyderabad and globally to access end-to-end semiconductor capabilities around ASIC and FPGA design, services, verification, validation, and physical design/DFT solutions.
Shri Duddilla Sridhar Babu, Hon’ble Minister for IT, Electronics & Communications; Industries & Commerce and Legislative Affairs, Government of Telangana, inaugurated this new office at The Headquarters, 6th floor, The Orbit by Auro Realty, Knowledge City, Raidurg, Hyderabad on Friday, September 20, 2024.
The new facility further strengthens ACL Digital’s commitment to advancing semiconductor innovation and helping clients maximize value in a rapidly evolving industry.
Ramandeep Singh, CEO of ACL Digital, expressed his enthusiasm about the expansion, stating, “Our new office in Hyderabad signifies a major milestone in our growth journey. This expansion of our capabilities and capacity not only deepens our expertise in the semiconductor industry but also reflects our strategic vision to be at the forefront of technological advancement. We are excited about the possibilities this expansion brings and are committed to delivering exceptional value to our clients in Hyderabad while contributing to the region’s technological advancement.”
ACL Digital looks forward to discussing its future expansion plans and welcomes potential collaboration and support from the government. The company is excited about contributing to the growth and prosperity of Telangana, strengthening the region’s position as a prominent hub for IT excellence and technological innovation.
About ACL Digital
ACL Digital, an ALTEN Group Company, is a leader in digital product innovation and engineering. We help our clients design and build innovative products (AI, Cloud, and Mobile ready), content and commerce-driven platforms, and connected, converged digital experiences for the modern world through a design-led Digital Transformation framework.
Headquartered in Silicon Valley, ACL Digital is a leader in design-led digital experience, innovation, enterprise modernization, and product engineering services converging to Technology, Media & Telecom. We are a talented workforce and part of the 57,000+ employee ALTEN Group, spread across more than 30 countries, offering a multicultural workplace and a collaborative knowledge environment.
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