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Healthcare Data Monetization Market Share

Report ID: GMI12159
Published Date: Nov 2024
Report Format: PDF

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Healthcare Data Monetization Market Share

The market is highly competitive, with key players including large multinationals like Accenture, Oracle, and Optum, Inc., which lead in innovation and extensive product portfolios. Regional companies and new entrants, particularly from APAC, are intensifying competition with affordable, technology-driven solutions tailored for local markets. The market sees frequent technological advancements, such as AI integration, big data analytics, and natural language processing tools, which drive ongoing product development. Strategic partnerships, mergers, and acquisitions are also common as companies seek to expand market reach and enhance their technological capabilities.

Healthcare Data Monetization Market Companies

Prominent players operating in the healthcare data monetization industry include:

Accenture
Change Healthcare
H1
IBM
Infor
Innovaccer
LexisNexis Risk Solutions
McKesson Medical-Surgical
Open Text Corporation
Optum
Oracle
SAS Institute

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The global healthcare data monetization industry was valued at USD 516.2 million in 2023 and is expected to grow at a 17.1% CAGR from 2024 to 2032, driven by the increased adoption of digital health solutions.

The direct monetization segment generated USD 353 million in 2023, as it allows healthcare organizations to sell or license their datasets directly to third parties, such as pharmaceutical companies and insurers.

The North America healthcare data monetization market recorded USD 235.6 million in 2023 and is anticipated to grow at a 16.6% CAGR from 2024 to 2032, led by a mature digital health ecosystem and substantial investments in healthcare IT.

Key players in the industry include Accenture, Change Healthcare, H1, IBM, Infor, Innovaccer, LexisNexis Risk Solutions, McKesson Medical-Surgical, Open Text Corporation, and Optum.