Global Industry Analysts Predicts the World Healthcare Descriptive Analytics Market to Reach $57.7 Billion by 2026

SAN FRANCISCO, Oct. 13, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Healthcare Descriptive Analytics - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
Edition: 8; Released: April 2021
Executive Pool: 19227
Companies: 46 - Players covered include Allscripts Healthcare Solutions, Inc.; Cerner Corporation; IBM Corporation; McKesson Corporation; MedeAnalytics, Inc.; Optum, Inc.; Oracle Corporation; Truven Health Analytics and Others.
Coverage: All major geographies and key segments
Segments: Application (Clinical Data Analytics, Financial Data Analytics, Administrative Data Analytics, Research Data Analytics); Component (Software, Hardware, Services); Deployment (On-Premise, Web- based, Cloud Based); End-Use (Hospitals, Physicians, Clinics, Other End-Uses)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

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ABSTRACT-

Global Healthcare Descriptive Analytics Market to Reach $57.7 Billion by 2026
Amid the COVID-19 crisis, the global market for Healthcare Descriptive Analytics estimated at US$15.6 Billion in the year 2020, is projected to reach a revised size of US$57.7 Billion by 2026, growing at a CAGR of 23.9% over the analysis period. Clinical Data Analytics, one of the segments analyzed in the report, is projected to record a 23.8% CAGR and reach US$29.2 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Financial Data Analytics segment is readjusted to a revised 24.6% CAGR for the next 7-year period.

The U.S. Market is Estimated at $6 Billion in 2021, While China is Forecast to Reach $10.1 Billion by 2026
The Healthcare Descriptive Analytics market in the U.S. is estimated at US$6 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$10.1 Billion by the year 2026 trailing a CAGR of 23.4% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 21.4% and 20.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 16.8% CAGR.

Administrative Data Analytics Segment to Reach US$8.8 Billion by the year 2026
In the global Administrative Data Analytics segment, USA, Canada, Japan, China and Europe will drive the 25% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.8 Billion in the year 2020 will reach a projected size of US$8.6 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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SOURCE Global Industry Analysts, Inc.