Europe Healthcare Analytics Market

Europe Healthcare Analytics Market by Technology Types (Predictive Analytics, Prescriptive Analytics, and Descriptive Analytics), Applications (Clinical Data Analytics, Financial Data Analytics and Operational/Administrative Data Analytics), Products (Hardware, Software, and Services), Mode of deliveries(On-premise Models and Cloud-based Models), End-users (Healthcare Providers, Pharmaceutical Industry, Biotechnology Industry, and Academic Organizations), and Geography (The UK, Germany, Italy, France, the Netherlands, and Rest of Europe) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: HC-2815
  • Author: Growth Market Reports
  • Rating: 4.5
  • Total Reviews: 2
  • No. Of Pages: 217
  • Format:
  • Pub. Date: Upcoming
  • Share:

The Europe healthcare analytics market size is expected to expand at a significant CAGR during the forecast period, 2021-2028. The growth of the market is attributed to the increasing number of data records that can be utilized to improve patient care.

Europe Healthcare Analytics Market

The drastic development in the healthcare analytics market is fueled by the increment in the utilization of the IT medical services area over the past several years. Healthcare analytics services are utilized to predict future patterns, measure the performance of the business, and assess choices and results. This investigation improves the accuracy, administration conveyance framework, and the healthcare care system's efficiency by providing better-quality results and laterally reducing clinic readmissions and expenses.

Market Trends, Drivers, Restraints, and Opportunities

  • Growing entrance of data innovation for better clinical care, improved treatment plans coupled with drug information, and extending accessibility of insignificant cost advancement are key factors driving the market growth.
  • Increasing use of electronic health records (EHRs) and clinical supportive network clinical decision support system is estimated to spur the growth of the market.
  • Rapid adoption of technological advancements in the field of healthcare is one of the major factors driving the market growth.
  • Increasing demand for solutions to reduce paper work can contribute to the growth of the healthcare analytics market.
  • Improved existing procedures is expected to contribute to the growth of the market during the forecast period.
  • Data security and presence of technology challenged users can restrain the growth of the market.
  • Rising demand for medical solutions for population health management is estimated to create lucrative opportunity for the healthcare analytics market in Europe.

Scope of the Report

The report on the Europe healthcare analytics market includes an assessment of the market, trends, segments, and Geography markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Europe healthcare analytics market - Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Technology Types (Predictive Analytics, Prescriptive Analytics and Descriptive Analytics), Applications (Clinical Data Analytics, Financial Data Analytics and Operational/Administrative Data Analytics), Products (Hardware, Software and Services), Mode of Deliveries (On-premise Models and  Cloud-based Models), End-users (Healthcare Providers, Pharmaceutical Industry, Biotechnology Industry, and Academic Organizations)

Geographical Scope

The UK, Germany, Italy, France, the Netherlands, and Rest of Europe

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Optum, Inc.; Oracle Corporation; IBM Corporation; Cerner Corporation; and McKesson Europe AG.

Europe Healthcare Analytics Market Segment Insights

Prescriptive analytics segment is expected to grow at a robust pace

Based on technology types, the market is segregated into predictive analytics, prescriptive analytics and descriptive analytics. The prescriptive analytics segment is anticipated to account for a significant market share during the forecast period.  Prescriptive analytics  analyzes a few possible activities and recommends activities on the consequences of descriptive and predictive analytics of a given dataset. However, the prescriptive analytics segment is anticipated to hold a key share of the market in the coming years due to increasing demand for the opportunities in treatment methods and prescribing better business practices.

Europe Healthcare Analytics Market

Financial data analytics segment is projected to dominate the market

On the basis of applications, the Europe healthcare analytics market is segregated into clinical data analytics, financial data analytics, and operational/administrative data analytics. The financial data analytics segment is projected to expand at a considerable CAGR during the forecast period .Rising point of convergence of payers on the early area of misrepresentation and decreasing preventable costs are major factors fueling the segment growth.

Services segment to hold a significant market share

In terms of products, the market is divided into hardware, software and services. The services segment is projected to expand at a considerable CAGR during the forecast period. Industry players offer services that helps the healthcare personnel to focus on the core responsibilities. Moreover, the growing adoption of cloud and increasing awareness and availability of analytics are contributing to the market services segment growth.

Europe Healthcare Analytics Market

Cloud-based model segment is projected to expand at a considerable CAGR

On the basis of mode of deliveries, the market is classified as on-premise models and cloud-based models. The cloud-based model segment is projected to expand at a considerable CAGR during the forecast period. Cloud-based model attributes to no upfront capital ventures for equipment and option to discontinue with services without any hassle.

Healthcare providers segment is anticipated to constitute a key market share

Base on end-users, the Europe medical services investigation market is categorized as healthcare providers, pharmaceutical industry, biotechnology industry, and academic organizations. The healthcare providers segment held a substantial market share in 2020. Healthcare providers segment represent clinical consideration costs, developing the requirement for growing enrolments, and improving provider associations, and extending competition.

Europe Healthcare Analytics Market

The UK to constitute a considerable market share

In terms of geography, the market is classified as the UK, Germany, Italy, France, the Netherlands, and the Rest of Europe. The UK is anticipated to account for a significant market share during the forecast period owing to the increasing adoption of latest technologies and rising government investment in the healthcare facilities.

Europe Healthcare Analytics Market

Segments

Segments Covered in the report 

The Europe healthcare analytics market has been segmented on the basis of

Technology Type

  • Predictive Analytics
  • Prescriptive Analytics
  • Descriptive Analytics

By Application

  • Clinical Data Analytics​
  • Financial Data Analytics​
  • Operational/Administrative Data Analytics​

By Product

  • Hardware
  • Software
  • Services

By Mode of Delivery

  • On-premise Models
  • Cloud-based Models

By End-users

  • Healthcare Providers
  • Pharmaceutical Industry
  • Biotechnology Industry
  • Academic Organizations

Geography 

  • The UK
  • Germany
  • Italy
  • France
  • Netherlands
  • Rest of Europe

Key Players

  • Optum, Inc.
  • Oracle Corporation
  • IBM Corporation
  • Cerner Corporation
  • McKesson Europe AG

Competitive Landscape

Key players competing in the Europe healthcare analytics market Optum, Inc.; Oracle Corporation; IBM Corporation; Cerner Corporation; and McKesson Europe AG. Companies are engaging in partnerships, acquisitions, and mergers to expand their market share.

Europe Healthcare Analytics Market

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Healthcare Analytics Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Healthcare Analytics Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Healthcare Analytics Market - Supply Chain
  4.5. Global Healthcare Analytics Market Forecast
     4.5.1. Healthcare Analytics Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Healthcare Analytics Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Healthcare Analytics Market Absolute $ Opportunity
5. Global Healthcare Analytics Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Healthcare Analytics Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Healthcare Analytics Demand Share Forecast, 2019-2026
6. North America Healthcare Analytics Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Healthcare Analytics Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Healthcare Analytics Demand Share Forecast, 2019-2026
7. Latin America Healthcare Analytics Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Healthcare Analytics Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Healthcare Analytics Demand Share Forecast, 2019-2026
8. Europe Healthcare Analytics Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Healthcare Analytics Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Healthcare Analytics Demand Share Forecast, 2019-2026
9. Asia Pacific Healthcare Analytics Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Healthcare Analytics Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Healthcare Analytics Demand Share Forecast, 2019-2026
10. Middle East & Africa Healthcare Analytics Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Healthcare Analytics Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Healthcare Analytics Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Healthcare Analytics Market: Market Share Analysis
  11.2. Healthcare Analytics Distributors and Customers
  11.3. Healthcare Analytics Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)

Segments Covered in the report 

The Europe healthcare analytics market has been segmented on the basis of

Technology Type

  • Predictive Analytics
  • Prescriptive Analytics
  • Descriptive Analytics

By Application

  • Clinical Data Analytics​
  • Financial Data Analytics​
  • Operational/Administrative Data Analytics​

By Product

  • Hardware
  • Software
  • Services

By Mode of Delivery

  • On-premise Models
  • Cloud-based Models

By End-users

  • Healthcare Providers
  • Pharmaceutical Industry
  • Biotechnology Industry
  • Academic Organizations

Geography 

  • The UK
  • Germany
  • Italy
  • France
  • Netherlands
  • Rest of Europe

Key Players

  • Optum, Inc.
  • Oracle Corporation
  • IBM Corporation
  • Cerner Corporation
  • McKesson Europe AG

Key players competing in the Europe healthcare analytics market Optum, Inc.; Oracle Corporation; IBM Corporation; Cerner Corporation; and McKesson Europe AG. Companies are engaging in partnerships, acquisitions, and mergers to expand their market share.

Europe Healthcare Analytics Market

Buy Report