PUBLISHER: The Business Research Company | PRODUCT CODE: 1672395
PUBLISHER: The Business Research Company | PRODUCT CODE: 1672395
Healthcare Predictive Analytics Global Market Report 2025
Healthcare predictive analytics involves the use of software solutions to analyze and process patient data, providing data-driven, high-quality care, precise diagnoses, and individualized treatments. This technology is utilized by healthcare organizations, hospitals, and doctors to enhance patient outcomes. Predictive analytics in healthcare leverages advanced methods, utilizing machine learning algorithms to analyze data and insights from previous patients, enabling better decision-making for current patients.
The primary components of healthcare predictive analytics include services, software, and hardware. The services encompass various functionalities, such as detecting early signs of patient condition deterioration, risk scoring for chronic illnesses, preventing patient suicide and self-harm, and reducing hospital readmission rates. The delivery models for healthcare predictive analytics include stand-alone and integrated solutions, serving purposes such as operations management, financial analysis, population health management, and clinical decision support. The end-users of predictive analytics services include healthcare payers and healthcare providers.
The healthcare predictive analytics market research report is one of a series of new reports from The Business Research Company that provides healthcare predictive analytics market statistics, including healthcare predictive analytics industry global market size, regional shares, competitors with a healthcare predictive analytics market share, detailed healthcare predictive analytics market segments, market trends and opportunities, and any further data you may need to thrive in the healthcare predictive analytics industry. This healthcare predictive analytics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The healthcare predictive analytics market size has grown exponentially in recent years. It will grow from $20.95 billion in 2024 to $25.85 billion in 2025 at a compound annual growth rate (CAGR) of 23.4%. The growth in the historic period can be attributed to increased healthcare expenditure, COVID-19 pandemic, and the increasing integration of AI into healthcare.
The healthcare predictive analytics market size is expected to see exponential growth in the next few years. It will grow to $70.43 billion in 2029 at a compound annual growth rate (CAGR) of 28.5%. The growth in the forecast period can be attributed to increasing adoption by healthcare facilities, supportive government initiatives, increasing focus on personalized medicines, and rising prevalence of chronic diseases. Major trends in the forecast period include focusing on the launch of an AI-based predictive analytics platform, focusing on getting approval from governments across different countries, focusing on the launch of innovative products, and focusing on partnerships and collaborations.
The anticipated rise in the number of chronic diseases is poised to be a driving force behind the growth of the healthcare predictive analytics market. Chronic diseases, characterized by prolonged duration and often lasting a person's lifetime, account for a substantial portion of global deaths. In September 2023, the World Health Organization reported 41 million deaths annually, with 74% attributed to non-communicable diseases (NCDs) or chronic diseases. These include 17.9 million deaths from cardiovascular diseases, 9.3 million from cancer, 4.1 million from chronic respiratory diseases, and 2.0 million from diabetes. The increasing prevalence of chronic diseases underscores the significance of healthcare predictive analytics in offering a proactive and personalized approach to patient care, ultimately improving outcomes and the efficiency of healthcare resources.
Supportive government initiatives are expected to drive the healthcare predictive analytics market during the forecast period. Government agencies in various countries are launching programs and initiatives in response to public health threats, which are anticipated to foster the growth of this market. For instance, in May 2024, the Office for National Statistics, a UK-based government administration, reported that in 2022, government spending accounted for 68.5% of total long-term care expenditure, reflecting a real-term growth of 1.4% compared to 2021. Additionally, out-of-pocket spending, the second-largest source of funding for long-term care, increased by 5.9% in real terms relative to 2021. Thus, supportive government initiatives are set to promote the healthcare predictive analytics market.
Major companies in the healthcare predictive analytics market are prioritizing the integration of innovative technologies, such as artificial intelligence (AI), into healthcare systems to enhance data analysis capabilities, improve patient outcomes, and reduce operational costs. AI in healthcare refers to the use of advanced algorithms and machine learning techniques to analyze large volumes of medical data, assisting with tasks such as diagnosis, treatment recommendations, and operational efficiencies. For example, in August 2024, Innovaccer Inc., a US-based software company, launched the Government Health AI Data and Analytics Platform (GHAAP). This integrated solution aims to enhance data modernization and interoperability within public healthcare systems, with a particular focus on Medicaid and public health initiatives. It consolidates diverse data sources and employs AI-driven analytics to improve decision-making, operational efficiencies, and health equity.
Increasing government approvals are becoming a notable trend in the healthcare predictive analytics market, with major players securing approvals for their products. In February 2022, the US Food and Drug Administration (FDA) granted 510k clearance to AHI System, a clinical support software developed by Fifth Eye Inc. This AI-based medical device provides real-time detection of insufficient blood flow and predictive insights into hemodynamic instability, enhancing patient care. Such government approvals underscore the credibility and effectiveness of healthcare predictive analytics solutions.
In January 2022, Huron, a Chicago-based consulting firm, acquired Perception Health Inc. to strengthen its healthcare predictive analytics and data capabilities. Perception Health's disease prediction platform, offering actionable predictive insights, complements Huron's data-driven approach. This acquisition enables clients to benefit from comprehensive data insights across the care continuum, improving risk detection and patient care decision-making.
Major companies operating in the healthcare predictive analytics market include IBM, UnitedHealth Group Incorporated, Cerner Corp, Change Healthcare Inc., Allscripts Healthcare Solutions, Inc., SAS Institute Inc., Wipro Limited, TIBCO Software Inc., MedeAnalytics, Inc., Health Catalyst, Practo, Mfine, Medi Buddy, Indegene, Ping A Good Doctor, JD Health, Aindra Systems Pvt. Ltd, Artificial Learning Systems Pvt. Ltd, Niramai Health Analytix Pvt. Ltd, Qure.ai, Insilico Medicine, Insigma Hengtian Software Ltd, Skin Analytics, Babylon Health, Cambridge Cognition, DeepMind Technologies, BenevolentAI, Renalytix AI, Exscientia, Iktos, Better Doc, Biovotion, BrainControl, Coimbra Genomics, Dacadoo, Doctoralia, Emperra, Exovite, Healthbank, NeurNation, Nutrino, Psious, Px Healthcare, SilverCloud, TrialReach, XtremeVRI, Novartis, Webiomed, Botkin, Gero, Ardigen, MediSensum, Care Mentor AI, Diagnocat, IQVIA, deltAlyz Canada, Pilotcore, McKesson Corporation, Microsoft Corporation, Apixio Inc, ThirdEye Data Analytics Services Pvt. Ltd, Synergo Group, Roche, Pfizer, PRA Health science, Gesto, Intensicare, Didoc, Deenty, Examedi, Dentalink, Cero, Wecancer, MedPass, Pixeon, Hi Technologies, Conexa Saude, Wuru, Yerbo, Welii, BioScience, Caecus, Epitrack, GE Healthcare, Deep Genomics Inc, Dhoner Healthtech, Welltok Inc, Oncora Medical, Recursion Pharmaceuticals Inc, Nucleai, Pepticom, Nvidia Corporation, Safermom, Ubenwa, Medsaf, GenRx,AstraZeneca, Rology, hearX Group, DilenyTech, iNNOHEALTH Technology Solutions
North America was the largest region in the healthcare predictive analytics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the healthcare predictive analytics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the healthcare predictive analytics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The healthcare predictive analytics market consists of revenues earned by entities by providing neural networks, decision trees, and regression. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
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Scope
Table of Contents
1. Executive Summary
2. Healthcare Predictive Analytics Market Characteristics
3. Healthcare Predictive Analytics Market Trends And Strategies
4. Healthcare Predictive Analytics Market - Macro Economic Scenario including the impact of Interest Rates, Inflation, Geopolitics and Covid And Recovery on the Market
5. Global Healthcare Predictive Analytics Growth Analysis And Strategic Analysis Framework
- 5.1. Global Healthcare Predictive Analytics PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
- 5.2. Analysis Of End Use Industries
- 5.3. Global Healthcare Predictive Analytics Market Growth Rate Analysis
- 5.4. Global Healthcare Predictive Analytics Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
- 5.5. Global Healthcare Predictive Analytics Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
- 5.6. Global Healthcare Predictive Analytics Total Addressable Market (TAM)
6. Healthcare Predictive Analytics Market Segmentation
7. Healthcare Predictive Analytics Market Regional And Country Analysis
8. Asia-Pacific Healthcare Predictive Analytics Market
9. China Healthcare Predictive Analytics Market
10. India Healthcare Predictive Analytics Market
11. Japan Healthcare Predictive Analytics Market
12. Australia Healthcare Predictive Analytics Market
13. Indonesia Healthcare Predictive Analytics Market
14. South Korea Healthcare Predictive Analytics Market
15. Western Europe Healthcare Predictive Analytics Market
16. UK Healthcare Predictive Analytics Market
17. Germany Healthcare Predictive Analytics Market
18. France Healthcare Predictive Analytics Market
19. Italy Healthcare Predictive Analytics Market
20. Spain Healthcare Predictive Analytics Market
21. Eastern Europe Healthcare Predictive Analytics Market
22. Russia Healthcare Predictive Analytics Market
23. North America Healthcare Predictive Analytics Market
24. USA Healthcare Predictive Analytics Market
25. Canada Healthcare Predictive Analytics Market
26. South America Healthcare Predictive Analytics Market
27. Brazil Healthcare Predictive Analytics Market
28. Middle East Healthcare Predictive Analytics Market
29. Africa Healthcare Predictive Analytics Market
30. Healthcare Predictive Analytics Market Competitive Landscape And Company Profiles
31. Healthcare Predictive Analytics Market Other Major And Innovative Companies
32. Global Healthcare Predictive Analytics Market Competitive Benchmarking And Dashboard
33. Key Mergers And Acquisitions In The Healthcare Predictive Analytics Market
34. Recent Developments In The Healthcare Predictive Analytics Market
35. Healthcare Predictive Analytics Market High Potential Countries, Segments and Strategies
36. Appendix
