U.S. Healthcare Analytics Market Size & Outlook, 2023-2030
U.S. healthcare analytics market, 2018-2030 (US$M)
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U.S. healthcare analytics market highlights
- The U.S. healthcare analytics market generated a revenue of USD 17,546.4 million in 2023 and is expected to reach USD 60,012.4 million by 2030.
- The U.S. market is expected to grow at a CAGR of 19.2% from 2024 to 2030.
- In terms of segment, descriptive analytics was the largest revenue generating type in 2023.
- Prescriptive 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 17,546.4 million |
| Market revenue in 2030 | USD 60,012.4 million |
| Growth rate | 19.2% (CAGR from 2023 to 2030) |
| Largest segment | Descriptive analytics |
| Fastest growing segment | Prescriptive 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, U.S. accounted for 40.7% 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 North America, U.S. healthcare analytics market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 14,511.9 million by 2030.
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Healthcare Analytics Market Scope
Healthcare Analytics Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 45.55% in 2023. Horizon Databook has segmented the U.S. 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 usage of big data and related services in the U.S. is extensive. In addition, various initiatives being undertaken by government and nongovernment organizations have led to an increase in penetration of analytics in the U.S. For instance, the National Health Information Technology (HIT) initiative in the U.S. promotes the adoption of healthcare IT that includes interoperability, privacy & security, and collaborative governance.
In addition, the stage 3 of the ‘Meaningful Use’ EHR incentive program commenced in 2015 and is aimed at promoting advanced use of EHR systems and HIT in healthcare to facilitate delivery of value-based care. Such measures promote data collection, and data sharing & interoperability.
Rapid technological advancements along with the rising aging population in the country call for faster and better access to healthcare. U.S. healthcare systems are constantly expanding and due to its economic power, it has been witnessing huge capacity of healthcare spending.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. healthcare analytics market , including forecasts for subscribers. This country databook contains high-level insights into U.S. healthcare analytics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. healthcare analytics market size, by type, 2018-2030 (US$M)
U.S. Healthcare Analytics Market Outlook Share, 2023 & 2030 (US$M)
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