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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 onHealthcare Data Analytics Market
202 – Pages
126 – Tables
37 – Figures

Healthcare Data Analytics Market Poised for Growth, Driven by Key Factors and Leading Players

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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

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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®.

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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 Type
    • Predictive Analysis
    • Descriptive Analysis
    • Prescriptive Analysis
  • Healthcare Data Analytics Market, by Component
    • Software
    • Hardware
    • Services
  • Healthcare Data Analytics Market, by Delivery Mode
    • On-Premises
    • Web-Hosted
    • Cloud-Based
  • Healthcare Data Analytics Market, by End-Use
    • Healthcare Payers
    • Healthcare Providers
    • Life Science Companies
  • Healthcare Data Analytics Market, by Geography
    • North America
      • U.S
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • U.K
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • Rest of Asia Pacific
    • ROW
      • Middle East & Africa
      • Latin America

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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

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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.

Contact Us

Mr. Edwyne Fernandes
Verified Market Research®
US: +1 (650)-781-4080
US Toll Free: +1 (800)-782-1768
Email: [email protected] 
Web: https://www.verifiedmarketresearch.com/ 
Follow Us: LinkedIn | Twitter

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Blockchain Press Releases

BingX Joins NBX 2025 as a Gold Sponsor: Empowering Blockchain Innovation

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PANAMA CITY, March 15, 2025 /PRNewswire/ — BingX, a global leading cryptocurrency exchange, is excited to announce its participation as a Gold Sponsor at the 5th edition of Next Block Expo (NBX), scheduled for March 19-20, 2025, at Multikino Złote Tarasy in Warsaw, Poland. As one of Europe’s premier Web3 events, NBX 2025 is expected to attract over 2,000 attendees, making it a key platform for blockchain innovation and collaboration.

NBX serves as a dynamic hub for industry leaders, startups, investors, and developers, fostering knowledge-sharing and networking opportunities to drive the future of blockchain. As a firm advocate for Web3 advancements, BingX will showcase its ongoing commitment to innovation through an interactive booth, featuring engaging activities, expert insights, and exclusive giveaways. Attendees will gain firsthand knowledge of how BingX supports high-potential blockchain projects with financial backing, technical expertise, and strategic growth consultations.

In addition to its sponsorship, Vivien Lin, Chief Product Officer of BingX, will be a key speaker at NBX 2025, contributing to discussions on strategic trading approaches, risk management, and the evolving landscape of blockchain investments. She will also deliver a keynote speech exploring BingX’s vision for blockchain innovation and how the company translates emerging technologies into real-world applications.

“At BingX, we believe that true innovation comes from bold ideas and strategic execution,” said Lin. “Sponsoring NBX 2025 is more than just a presence for us — it’s a commitment to fostering a thriving blockchain ecosystem. We are here to connect with visionaries, provide the resources they need, and help shape the future of decentralized technology. By empowering builders and innovators, we’re not just supporting projects — we are accelerating the evolution of Web3 itself.”

BingX’s participation at NBX 2025 underscores its long-term vision of driving blockchain innovation and supporting the next generation of industry leaders. As BingX continues to expand its global footprint, initiatives like this sponsorship reinforce its role as a catalyst for growth in crypto space. By engaging with emerging projects, thought leaders, and investors, BingX remains at the forefront of Web3 advancements, bridging the gap between groundbreaking ideas and real-world impact.

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About BingX 

Founded in 2018, BingX is a leading crypto exchange, serving over 20 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports.

For more information please visit: https://bingx.com/

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Blockchain Press Releases

Opportunities in Volatility: Navigate Crypto Market Trends with KuCoin Trading Bots

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VICTORIA, Seychelles, March 14, 2025 /PRNewswire/ — KuCoin, a global leading cryptocurrency exchange, is excited to announce the release of its latest market trend and trading bot strategies report for March 2025. This detailed production is designed to empower traders by enhancing their understanding of the crypto market and refining their trading techniques.

This new report is set to support both novice and experienced traders by providing them with a detailed historical analysis of Bitcoin’s performance over the past 13 years, diving into the long-term trends and cyclicality of the market, enabling traders to enhance their understanding of the market landscape.

To help everyone to better keep up with the dynamics of the market, the report features a calendar of key events in March that are expected to impact the crypto markets. This report serves as learning materials with the purpose of information sharing, users are welcome to leverage the detailed information provided in the report  to personalize their own analysis and develop trading strategies that align with their individual trading habits and risk appetite.

This is a testament to KuCoin’s ongoing commitment to education and excellence in the crypto trading space. New users are also welcomed to join the latest Trading Bot Carnival to stand a chance of getting various types of rewards. Users are encouraged to read through risk warnings before proceeding to investing.

For a full report and access to the educational resources provided by KuCoin, please visit KuCoin Official Website.

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About KuCoin

Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience. With a connected user base exceeding 40 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots.

KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. This recognition reflects its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence. Learn more: https://www.kucoin.com/.

Disclaimer:  This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions or any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances.

(PRNewsfoto/KuCoin)

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Blockchain Press Releases

Bybit Introduces Zero Fees on Indices Trading for MT5 Users

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DUBAI, UAE, March 14, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced a new perk for MT5 users on Bybit in a zero-fee trading event, Indices Unleashed.

From today until April 12, 2025, Bybit traders can execute transactions on 18 prominent indice pairs without incurring trading fees. The offer applies automatically to derivatives linked to indices including the Dow Jones Index Cash CFD (DJ30), NAS100 Cash (NAS100), Hang Seng Index Cash CFD (HK50), S&P Index Cash CFD (SP500), GER40 Cash (GER40), US SMALL CAP 2000 – CASH (US2000), France 40 Index (FRA40), Nikkei Index Cash CFD (Nikkei225), UK 100 Cash (UK100), EUSTX50 Cash (EU50), ES35 Index Cash (ES35), Hang Seng Tech Index Case CFD (HKTECH), Bovespa Cash CFD (BVSPX), South Africa 40 – CASH (SA40), S&P/ASX 200 Index Cash CFD (SPI200), Singapore 20 Index Cash CFD (SGP20), and the Taiwan RIC Index Cash CFD (TWINDEX), all available on the Bybit Gold & Forex Trading platform.

Bybit Gold & FX Trading marks a significant milestone for Bybit as the first cryptocurrency exchange to achieve seamless MT5 integration. This groundbreaking advancement provides users with access to a diverse range of financial instruments, including forex, gold, and other commodities, alongside traditional crypto offerings. With MT5’s sophisticated charting tools, automated trading capabilities, and intuitive interface, Bybit Gold & FX Trading enhances the trading experience for both seasoned professionals and those new to the markets, setting a new benchmark within the digital asset trading landscape.

“Whatever the market conditions, broader access and powerful, intelligent tools are a trader’s best friend. We’re offering free access to indices trading via MT5 on Bybit for a limited time to allow users to experience the platform and find their trading rhythm in a dynamic market,” said Joan Han, Sales and Marketing Director of Bybit.

To find out more about the event and its terms and conditions, users may visit: Bybit Indices Unleashed – Trade for Free

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About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

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