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Healthcare Predictive Analytics Market Shares Analysis, Key Development Strategies and Forecasts Till 2030

Market Overview

The global Healthcare Predictive Analytics Market, as per a report by Market Research Future (MRFR) is touted to register a CAGR of 29.3% during the forecast period (2023-2030).

Healthcare predictive analytics is generally used in the analysis of current data in order to predict future by using statistics, data mining, modeling, machine learning, and artificial intelligence. Increasing efficiency in the healthcare sector, the rising demand to curtail healthcare cost, and the advent of evidence-based and personalized medicine are some of the primary growth stimulants of the healthcare predictive analytics market. Rising importance of healthcare, especially in emerging nations is likely to generate new growth opportunities for the market in the foreseeable future.

Developing economies across the world are facing issues owing to the increasing medication cost. Governments are thus taking efforts to offer cost-effective services to the consumers at better quality. These efforts are likely to stimulate the predictive analytics market in the healthcare industry. The soaring demand for personalization for patient care, advancing technology, and rising awareness created by the top players are considered to encourage the market growth to a large extent.

On the contrary, the dearth of trained medical professionals is likely to curtail the market growth in the foreseeable future. Moreover, data theft and privacy issues are predicted to vitiate the market growth in the coming years.

Competitive Dashboard

The top players operating in the healthcare predictive analytics market include Cerner Corporation, McKesson Corporation, IBM, Cerner Corporation, Oracle, SAS, Optum, Inc., Allscripts, MedeAnalytics, Inc., Health Catalyst, Inovalon, SCIO Health Analytics, CitiusTech, Inc., Verscend Technologies, Inc, Wipro Limited, CitiusTech, Inc., and
10 months ago

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