Germany Healthcare Analytics Market Size & Outlook
Germany healthcare analytics market, 2018-2030 (US$M)
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Germany healthcare analytics market highlights
- The Germany healthcare analytics market generated a revenue of USD 2,310.7 million in 2023 and is expected to reach USD 9,850.8 million by 2030.
- The Germany market is expected to grow at a CAGR of 23% 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.
Healthcare analytics market data book summary
| Market revenue in 2023 | USD 2,310.7 million |
| Market revenue in 2030 | USD 9,850.8 million |
| Growth rate | 23% (CAGR from 2023 to 2030) |
| Largest segment | Descriptive analytics |
| Fastest growing segment | Predictive Analytics |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Descriptive Analytics, Diagnostic Analytics, Predictive Analytics, Prescriptive Analytics |
| Key market players worldwide | McKesson 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, Germany accounted for 5.4% of the global healthcare analytics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany healthcare analytics market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 6,358.2 million by 2030.
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Healthcare Analytics Market Scope
Healthcare Analytics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany 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 48.92% in 2023. Horizon Databook has segmented the Germany 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.
Increasing elderly population, mounting healthcare expenditure, shift from volume to value-based care, and increasing adoption of analytics by healthcare companies, health insurers, healthcare providers, healthcare payers, biopharmaceuticals, medical device companies, and pharmaceutical are key factors expected to drive the market in Germany.
The country’s geriatric population has increased significantly and hence it is highly susceptible to various diseases. Hence, change in lifestyle and demographics demands new standards for healthcare facilities and services. Increasing prevalence of chronic diseases, coupled with high healthcare costs, is increasing the demand for analytics in healthcare market, which is further driving the market.
Ongoing COVID-19 pandemic is expected to drive the demand for analytics in healthcare in the country, owing to an increasing prevalence of chronic diseases, shortage of healthcare professionals, rising investments for development of healthcare infrastructure, growing number of government initiatives, regulatory mandates on implementing eHealth solutions, and increasing demand for integrated healthcare solutions.
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Our clientele includes a mix of healthcare analytics market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany healthcare analytics market , including forecasts for subscribers. This country databook contains high-level insights into Germany healthcare analytics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany healthcare analytics market size, by type, 2018-2030 (US$M)
Germany Healthcare Analytics Market Outlook Share, 2023 & 2030 (US$M)
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