Europe Healthcare Business Intelligence Market Size & Outlook
Europe healthcare business intelligence market, 2014-2030 (US$M)
Related Markets
Europe healthcare business intelligence market highlights
- The Europe healthcare business intelligence market generated a revenue of USD 2,250.0 million in 2022.
- The market is expected to grow at a CAGR of 13.8% from 2023 to 2030.
- In terms of segment, software was the largest revenue generating product in 2022.
- Software is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, France is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 2,250.0 million |
| Market revenue in 2030 | USD 6,341.4 million |
| Growth rate | 13.8% (CAGR from 2022 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Software |
| Historical data covered | 2014 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software, Services |
| Key market players worldwide | Microsoft Corp, Oracle Corp, SAP SE, Salesforce Inc, Perficient Inc, Infor, Domo Inc, Sisense, TIBCO, Panorama Software |
Other key industry trends
- In terms of revenue, Europe region accounted for 29.0% of the global healthcare business intelligence market in 2022.
- 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 3,543.0 million by 2030.
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Healthcare Business Intelligence Market Scope
Healthcare Business Intelligence Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe healthcare business intelligence 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 business intelligence market will help companies and investors design strategic landscapes.
Software was the largest segment with a revenue share of 69.94% in 2022. Horizon Databook has segmented the Europe healthcare business intelligence market based on software, services covering the revenue growth of each sub-segment from 2014 to 2030.
Growing adoption of decision-making solutions with the help of data, growing need to reduce healthcare spending, and improving patient outcomes, implementation of big data in healthcare, rising number of patient registries, and government initiatives to promote EHR adoption are the key factors driving the healthcare BI market in the region.
Furthermore, increase in number of companies opting for BI-based solutions is boosting the overall growth of the market. For instance, as per a survey conducted by Eurostat, in 2018, around 68% of EU companies utilize BI cloud platforms for the data management and storage.
Thus, this signifies the increase in penetration of BI-based platforms into different industries, including healthcare. In addition, rising government initiatives to promote the implementation of big data is further driving the market.
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Target buyers of Europe healthcare business intelligence market databook
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Our clientele includes a mix of healthcare business intelligence market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 business intelligence market, including forecasts for subscribers. This continent databook contains high-level insights into Europe healthcare business intelligence market from 2014 to 2030, including revenue numbers, major trends, and company profiles.
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Europe healthcare business intelligence market size, by country, 2014-2030 (US$M)
Europe Healthcare Business Intelligence Market Share, 2022 & 2030 (US$M)
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