Europe Healthcare Analytics Market Size & Outlook

The healthcare analytics market in Europe is expected to reach a projected revenue of US$ 40,347.6 million by 2030. A compound annual growth rate of 22.3% is expected of Europe healthcare analytics market from 2024 to 2030.
Revenue, 2023 (US$M)
$9,870.4
Forecast, 2030 (US$M)
$40,347.6
CAGR, 2024 - 2030
22.3%
Report Coverage
Europe

Europe healthcare analytics market highlights

  • The Europe healthcare analytics market generated a revenue of USD 9,870.4 million in 2023.
  • The market is expected to grow at a CAGR of 22.3% from 2024 to 2030.
  • In terms of segment, descriptive analytics was the largest revenue generating type in 2023.
  • Predictive Analytics is the most lucrative type segment registering the fastest growth during the forecast period.
  • Country-wise, Spain is expected to register the highest CAGR from 2024 to 2030.


Europe data book summary

Market revenue in 2023USD 9,870.4 million
Market revenue in 2030USD 40,347.6 million
Growth rate22.3% (CAGR from 2023 to 2030)
Largest segmentDescriptive analytics
Fastest growing segmentPredictive Analytics
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDescriptive Analytics, Diagnostic Analytics, Predictive Analytics, Prescriptive Analytics
Key market players worldwideMcKesson Corp, UnitedHealth Group Inc, International Business Machines Corp, Oracle Corp, SAS, IQVIA Holdings Inc, Verisk Analytics Inc, ELSE Corp, Allscripts Healthcare, Cerner Corporation


Other key industry trends

  • In terms of revenue, Europe region accounted for 22.9% of the global healthcare analytics market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 39,736.6 million by 2030.

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Healthcare Analytics Market Companies

Name Profile # Employees HQ Website

Europe healthcare analytics market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to healthcare analytics market will help companies and investors design strategic landscapes.


Descriptive analytics was the largest segment with a revenue share of 47.67% in 2023. Horizon Databook has segmented the Europe healthcare analytics market based on descriptive analytics, diagnostic analytics, predictive analytics, prescriptive analytics covering the revenue growth of each sub-segment from 2018 to 2030.


The healthcare industry in Europe is under pressure, owing to various key factors such as rising costs, increasing prevalence of chronic conditions, rapidly aging population, growing demand for treatments, and stagnating or shrinking healthcare workforce that is threatening its sustainability.

The industry also faces issues due to structural inefficiencies in certain European countries. The move to value-based healthcare is expected to strengthen the demand for better patient outcomes at a more sustainable cost.

Incorporating analytics into innovative medical technologies can address pressing healthcare issues. According to the information reported by the Centre for Promotion of Imports (CPI), currently many European countries are facing a huge financial burden due to the increasing healthcare expenditure.

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Target buyers of Europe healthcare analytics market databook

  • Our clientele includes a mix of healthcare analytics market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the Europe healthcare analytics market , including forecasts for subscribers. This continent databook contains high-level insights into Europe healthcare analytics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe healthcare analytics market size, by country, 2018-2030 (US$M)

Europe Healthcare Analytics Market Outlook Share, 2023 & 2030 (US$M)

Europe healthcare analytics market size, by country, 2018-2030 (US$M)

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