Industry Overview:
According to the latest report by IMARC Group, titled “Clinical Data Analytics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on the Clinical Data Analytics Market Share. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global clinical data analytics market size reached US$ 14.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 93.8 Billion by 2028, exhibiting a growth rate (CAGR) of 35.4% during 2023-2028.
Clinical data analytics is a discipline that uses machine learning (ML) to retrieve real-time medical data while helping healthcare providers to make quicker decisions, generate insights and improve patient wellness. It is further utilized for transforming structured and unstructured data into a standardized ecosystem. Clinical data can be differentiated into predictive, discovery, diagnostic, prescriptive and descriptive.
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Global Clinical Data Analytics Market Trends:
Increasing investments in research and development (R&D) activities and clinical studies of new drugs are primarily driving the global clinical data analytics market growth. In line with this, the integration of the Internet-of-Things (IoT) with clinical data analytics has enabled patients to track their own health data and share it with healthcare professionals, which is further fueling the market growth. The widespread adoption of electronic health records (EHRs) and the numerous initiatives undertaken by governments of various nations for improving the healthcare infrastructure are some of the other factors that are creating a positive outlook for the market.
Competitive Landscape with Key Players:
The competitive landscape of the industry has also been examined along with the profiles of the key players being
- Allscripts Healthcare Solutions Inc
- CareEvolution LLC
- Cerner Corporation
- Health Catalyst
- International Business Machines Corporation
- InterSystems Corporation
- Koninklijke Philips N.V
- Medeanalytics Inc.
- Sisense Inc.
- UnitedHealth Group Incorporated
- Xerox Holdings Corporation
The competitive landscape of the industry has also been examined along with the profiles of the key players being Allscripts Healthcare Solutions Inc., CareEvolution LLC, Cerner Corporation, Health Catalyst, International Business Machines Corporation, InterSystems Corporation, Koninklijke Philips N.V., Medeanalytics Inc., Sisense Inc., UnitedHealth Group Incorporated and Xerox Holdings Corporation.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global clinical data analytics market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on solution, deployment mode, application and end user.
Solution:
- Software
- Services
Deployment Mode:
- Cloud-based
- On-premises
Application:
- Quality Improvement and Clinical Benchmarking
- Clinical Decision Support
- Regulatory Reporting and Compliance
- Comparative Analytics
- Precision Health
End User:
- Pharmaceutical Companies
- Healthcare Organizations
- Research Organizations
- Government Organizations
Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
- Market Performance
- Market Outlook
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2022 |
| Historical Period | 2017-2022 |
| Forecast Period | 2023-2028 |
| Units | US$ Billion |
| Segment Coverage | Solution, Deployment Mode, Application, End User, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | Allscripts Healthcare Solutions Inc., CareEvolution LLC, Cerner Corporation, Health Catalyst, International Business Machines Corporation, InterSystems Corporation, Koninklijke Philips N.V., Medeanalytics Inc., Sisense Inc., UnitedHealth Group Incorporated and Xerox Holdings Corporation. |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report
1. What was the size of the global clinical data analytics market in 2022?
2. What is the expected growth rate of the global clinical data analytics market during 2023-2028?
3. What has been the impact of COVID-19 on the global clinical data analytics market?
4. What are the key factors driving the global clinical data analytics market?
5. What is the breakup of the global clinical data analytics market based on the solution?
6. What is the breakup of the global clinical data analytics market based on the deployment mode?
7. What is the breakup of the global clinical data analytics market based on the application?
8. What is the breakup of the global clinical data analytics market based on the end user?
9. What are the key regions in the global clinical data analytics market?
10. Who are the key players/companies in the global clinical data analytics market?
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