Middle East & Africa Healthcare Business Intelligence Market Size & Outlook
Middle East & Africa healthcare business intelligence market, 2014-2030 (US$M)
Related Markets
MEA healthcare business intelligence market highlights
- The MEA healthcare business intelligence market generated a revenue of USD 226.9 million in 2022.
- The market is expected to grow at a CAGR of 10.8% 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, South Africa is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 226.9 million |
| Market revenue in 2030 | USD 513.8 million |
| Growth rate | 10.8% (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, MEA region accounted for 2.9% 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 |
|---|
Middle East & Africa 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 68.84% in 2022. Horizon Databook has segmented the Middle East & Africa healthcare business intelligence market based on software, services covering the revenue growth of each sub-segment from 2014 to 2030.
Increasing health care costs & the need to reduce overall healthcare expenses, rising penetration of internet & smart phones, surging need for quality care, and growing demand for real-time data management are increasing the need for BI in the region, fueling market growth.
Moreover, growing revenue management efficiency coupled with improving areas within healthcare organizations, like coding, medical billing, and account receivables management, is boosting demand and growth of the market in the region.
For instance, with the help of Revenue Analytics Framework offered by ProGen, healthcare providers are benefitted to analyze data tracking and managing receivables as well as outstanding payers in an automated manner. Furthermore, rise in government initiatives, mergers & acquisitions, collaborations, etc., is likely to boost growth of the overall market in the region.
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Target buyers of Middle East & Africa 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 Middle East & Africa healthcare business intelligence market, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa healthcare business intelligence market from 2014 to 2030, including revenue numbers, major trends, and company profiles.
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MEA healthcare business intelligence market size, by country, 2014-2030 (US$M)
Middle East & Africa Healthcare Business Intelligence Market Share, 2022 & 2030 (US$M)
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