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Prominent key players are consistently engaged in innovation, introducing novel technologies for enhanced comprehension of patient data, disease transmission dynamics, and more. Allscripts, Epic System and Oracle Corporation account for significant market share in the global market. Their objective is to provide improved care solutions to healthcare providers and institutions. Further, the integration of big data analytics and artificial intelligence has fostered the creation of cutting-edge platforms designed to enhance data understanding and analysis.
Market players operating in the healthcare analytics industry are as mentioned below:
The global healthcare analytics industry size was around USD 16.4 billion in 2022 and is expected to reach USD 55.6 billion by end of 2032.
McKesson Corporation, IBM Corporation, OptumHealth, Inc., Allscripts Healthcare Solution Inc., Oracle (Cerner) Corporation, Athenahealth, Inc., Inovalon Holding Inc, Computer Programs and Systems, Inc., Change Healthcare, Tenet Healthcare Corporation, GE Healthcare, Evolent Health, and Influence Health Inc.
North America healthcare analytics market share is expected to reach more than 63% by 2032 attributed to its cutting-edge healthcare facilities, widespread adoption of advanced platforms, and robust technological infrastructure.
The financial management segment held the market share of 33.5% in 2022 and is expected to grow through 2032 as healthcare institutions are increasingly focusing on minimizing the overall cost of treatments while delivering optimum quality of care for patients.