Asia Pacific Healthcare Predictive Analytics Market Size & Outlook
Asia Pacific healthcare predictive analytics market, 2014-2030 (US$M)
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Asia Pacific healthcare predictive analytics market highlights
- The Asia Pacific healthcare predictive analytics market generated a revenue of USD 3,073.5 million in 2023.
- The market is expected to grow at a CAGR of 27.2% from 2024 to 2030.
- In terms of segment, financial was the largest revenue generating application in 2023.
- Population Health is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 3,073.5 million |
| Market revenue in 2030 | USD 16,584.2 million |
| Growth rate | 27.2% (CAGR from 2023 to 2030) |
| Largest segment | Financial |
| Fastest growing segment | Population Health |
| Historical data covered | 2014 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Operations Management, Financial, Population Health, Clinical |
| Key market players worldwide | International Business Machines Corp, Cerner Corporation, Verisk Analytics Inc, McKesson Corp, SAS, Oracle Corp, Allscripts Healthcare, UnitedHealth Group Inc |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 21.1% of the global healthcare predictive analytics market in 2023.
- 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 16,584.2 million by 2030.
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Healthcare Predictive Analytics Market Scope
Healthcare Predictive Analytics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific healthcare predictive 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 predictive analytics market will help companies and investors design strategic landscapes.
Financial was the largest segment with a revenue share of 35.49% in 2023. Horizon Databook has segmented the Asia Pacific healthcare predictive analytics market based on operations management, financial, population health, clinical covering the revenue growth of each sub-segment from 2014 to 2030.
Growing demand for healthcare analytics and related services because of increasing government spending on healthcare is expected to accentuate the healthcare IT market in Asia Pacific. For instance, China’s healthcare expenditure in 2013 was USD 511 Million and Japan has spent over USD 350 billion on healthcare. As a result of this huge expense, the demand for these services is expected to accentuate.
In addition, China is considered as home for producing low cost electronic chips and components. As a result, this is expected to attract more investor in china and other Asian countries. Ease of doing business in Asia Pacific is high due to low manufacturing cost and availability of labor, this is another important factor that is expected to boost the growth of this market in Asia Pacific.
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Target buyers of Asia Pacific healthcare predictive analytics market databook
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Our clientele includes a mix of healthcare predictive analytics 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 Asia Pacific healthcare predictive analytics market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific healthcare predictive analytics market from 2014 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific healthcare predictive analytics market size, by country, 2014-2030 (US$M)
Asia Pacific Healthcare Predictive Analytics Market Outlook Share, 2023 & 2030 (US$M)
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