Global Healthcare Descriptive Analytics Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Component;

Software, Hardware, and Services.

By Deployment;

On-Premise, Web-based, and Cloud based.

By Application;

Clinical Data Analytics, Financial Data Analytics, Administrative Data Analytics, and Research Data Analytics.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn812362921 Published Date: February, 2025 Updated Date: March, 2025

Introduction

Global Healthcare Descriptive Analytics Market (USD Million), 2021 - 2031

In the year 2024, the Global Healthcare Descriptive Analytics Market was valued at USD 47,544.96 million. The size of this market is expected to increase to USD 183,708.87 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 21.3%.

The Global Healthcare Descriptive Analytics Market encompasses a comprehensive analysis of data to provide insights into past events and trends within the healthcare industry. This market segment focuses on leveraging data visualization, reporting tools, and statistical analysis techniques to interpret historical data and generate actionable insights for healthcare providers, payers, and other stakeholders.

Descriptive analytics plays a crucial role in understanding and summarizing large volumes of healthcare data, including clinical records, patient demographics, financial transactions, and operational metrics. By examining historical data patterns and trends, healthcare organizations can gain valuable insights into patient populations, disease prevalence, resource utilization, and performance metrics, enabling informed decision-making and strategic planning.

With the increasing digitization of healthcare data and the adoption of electronic health records (EHRs) and health information exchange (HIE) systems, the demand for descriptive analytics solutions is on the rise. Healthcare organizations are seeking advanced analytics capabilities to transform raw data into meaningful insights, improve operational efficiency, optimize resource allocation, and enhance patient care quality and outcomes.

The market is driven by the growing emphasis on value-based care, population health management, and evidence-based medicine. Healthcare providers are leveraging descriptive analytics tools to analyze population health trends, stratify patient risk, and tailor care interventions to individual patient needs, thereby improving care coordination and patient outcomes while reducing healthcare costs.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Component
    2. Market Snapshot, By Deployment
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Healthcare Descriptive Analytics Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing adoption of digital healthcare systems
        2. Growing demand for data-driven decision-making in healthcare
        3. Rise in population health management initiatives
        4. Advancements in big data analytics and machine learning
        5. Awareness of descriptive analytics benefits for patient outcomes
      2. Restraints
        1. Data privacy and security concerns
        2. Limited interoperability of healthcare data
        3. Challenges in integrating disparate data sources
        4. Shortage of skilled data analytics professionals
        5. Data quality issues and completeness
      3. Opportunities
        1. Integration of analytics with AI and NLP
        2. Investments in healthcare IT and analytics
        3. Growth of cloud-based analytics solutions
        4. Demand for real-time and predictive insights
        5. Adoption of mobile analytics for remote monitoring
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Healthcare Descriptive Analytics Market, By Component, 2021 - 2031 (USD Million)
      1. Software
      2. Hardware
      3. Services
    2. Global Healthcare Descriptive Analytics Market, By Deployment, 2021 - 2031 (USD Million)
      1. On-Premise
      2. Web-based
      3. Cloud based/li>
    3. Global Healthcare Descriptive Analytics Market, By Application, 2021 - 2031 (USD Million)
      1. Clinical Data Analytics
      2. Financial Data Analytics
      3. Administrative Data Analytics
      4. Research Data Analytics
    4. Global Healthcare Descriptive Analytics Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. McKesson Corporation
      2. Optum, Inc.
      3. IBM
      4. Oracle
      5. SAS Institute, Inc.
      6. IQVIA
      7. Verisk Analytics, Inc.
      8. Elsevier
      9. Medeanalytics, Inc.
      10. Truven Health Analytics, Inc.
      11. Allscripts Healthcare Solutions, Inc
      12. Cerner Corporation
  7. Analyst Views
  8. Future Outlook of the Market