Market revenue in 2023 | USD 1,233.4 million |
Market revenue in 2030 | USD 5,183.4 million |
Growth rate | 22.8% (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 |
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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 47.27% in 2023. Horizon Databook has segmented the Italy 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.
Implementation of analytics and IT solutions is increasing in the health system in Italy for improving the quality & quantity of health-related services. Government initiatives being undertaken in the field of digital health are rising exponentially, promoting efficient care delivery.
Some of these initiatives are investments in health IT reforms and development of digitized prescriptions & EHRs. Furthermore, increasing funding for eHealth and connected health also showcase significant growth opportunity in the market. For instance, MEDME Group, Russia, invested in Biotechware, an Italian connected healthcare startup, for transforming information systems.
Increasing penetration of mobile phones and internet connection are also among the key factors driving market growth. The country’s pharmaceutical market has gone through significant changes in structure and competitiveness. According to Farmindustria—pharmaceutical companies' trade association—the quality of production of pharmaceuticals has been a sign of success.
Horizon Databook provides a detailed overview of country-level data and insights on the Italy healthcare analytics market , including forecasts for subscribers. This country databook contains high-level insights into Italy healthcare analytics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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