China Healthcare Predictive Analytics Market Size & Outlook
China healthcare predictive analytics market, 2014-2030 (US$M)
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China healthcare predictive analytics market highlights
- The China healthcare predictive analytics market generated a revenue of USD 652.7 million in 2023 and is expected to reach USD 3,750.9 million by 2030.
- The China market is expected to grow at a CAGR of 28.4% 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.
Healthcare predictive analytics market data book summary
| Market revenue in 2023 | USD 652.7 million |
| Market revenue in 2030 | USD 3,750.9 million |
| Growth rate | 28.4% (CAGR from 2023 to 2030) |
| Largest segment | Financial |
| Fastest growing segment | Population Health |
| Historical data | 2014 - 2022 |
| Base year | 2023 |
| Forecast period | 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, China accounted for 4.5% of the global healthcare predictive analytics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan healthcare predictive analytics market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,750.9 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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China 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 35.48% in 2023. Horizon Databook has segmented the China healthcare predictive analytics market based on operations management, financial, population health, clinical covering the revenue growth of each sub-segment from 2014 to 2030.
China’s healthcare predictive analytics market is worth 31.9 USD millions in 2015, with high unmet need of huge population base, the market is expected to witness lucrative growth over the forecast period. Government laid some action plan for deployment of telehealth related services in China for instance, Health Information Standards Professional Committee (HISPC) of Ministry of Health laid some guidelines regarding standards for adoption of IT in healthcare.
The Chinese government is working to give access to distant rural part of the country through Regional Healthcare Information Networks (RHINs). These initiatives are expected to help penetrating the healthcare analytics services in China thus boosting the market growth.
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Target buyers of China 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 country-level data and insights on the China healthcare predictive analytics market , including forecasts for subscribers. This country databook contains high-level insights into China healthcare predictive analytics market from 2014 to 2030, including revenue numbers, major trends, and company profiles.
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China healthcare predictive analytics market size, by application, 2014-2030 (US$M)
China Healthcare Predictive Analytics Market Outlook Share, 2023 & 2030 (US$M)
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