Predictive Disease Analytics Market 2024 by Key Players, Segmentation, Industry Growth, Opportunities and Forecast by 2032 | Taiwan News

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Report Ocean recently added a research report on “Predictive Disease Analytics Market”. The report includes an extensive analysis of the market’s characteristics, COVID-19 impact, size and growth, segmentation, regional and country breakdowns, competitive environment, market shares, trends, and strategies. In addition, it traces the development of the market over time and projects regional market growth. It compares the market to other markets and situates it in relation to the larger market.  Download Free Sample 

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Predictive Disease Analytics Market is valued approximately USD 1.63 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 22.70% over the forecast period 2022-2029. Predictive analytics uses a variety of techniques to analyze the most recent data and make future predictions, including data mining, statistics, modelling, artificial intelligence, and machine learning. The healthcare sector has made improvements in several areas by using predictive analytics. These include administering a hospital, simplifying the supply chain, and treating chronic diseases. The Predictive Disease Analytics market is expanding because of factors such as rising emergence of personalized medicine, rising adoption of digital technologies in healthcare industry.

Predictive analytical tools are being more widely used in the healthcare sector due to a combination of rising government initiatives and rising financial investments in the area. For instance, in February 2023, the European Commission allocated USD 7.2 million for a new project that aims to create an AI-based platform for gathering and evaluating clinical data on novel oncology drugs to help regulators’ and HTA agencies’ evaluations of those drugs.

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Similar to this, the American government has launched a number of initiatives in this area, such as the HealthData.gov portal, which compiles data from a number of federal databases on subjects like clinical data, community health performance, and medical and scientific knowledge. In addition, the healthcare sector is rapidly becoming digitalized due to the quick development of technology and significant investment made by the sector. These analytical tools are being used all around the world to control patients’ retention.

The use of healthcare analytics also boosts employee productivity, enhances patient care, and lessens the stress on carers. To bring innovation in research and care, Databricks developed the Lakehouse paradigm for the healthcare and life science industries in March 2022. Analytics, data management, and cutting-edge AI for disease prediction, medical picture classification, and biomarker identification can all be done on one platform. Thus rising product development activities and government funding in healthcare sector is catering the market growth. However, the high cost of Predictive Disease Analytics stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Predictive Disease Analytics Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to rising adoption of digital technologies in healthcare industry, rising research and development of personalized medicine and rising government support to the industry. Whereas Asia Pacific is expected to grow with a highest CAGR during the forecast period, owing to factors such as increasing government support and initiative, growing chronic disease in the region an increase in the number of collaborations for product development, geographic expansion of key players, and active participation of government and nonprofit organizations in the market space.

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Major market player included in this report are:

Oracle Corporation

International Business Machines (IBM) Corporation

SAS Software

Allscripts Healthcare Solutions Inc.

MedeAnalytics, Inc.

Health Catalyst.

Apixio Inc.

Microsoft Corporation

UnitedHealth Group Incorporated (Optum Inc.),

Cerner Corporation

Recent Developments in the Market:

In September 2020, Microsoft, a U.S.-based company, unveiled Microsoft Cloud for Healthcare, a partnership between patients and providers that will aid in providing improved patient care insights.

In January 2023, SwitchPoint Ventures and Ardent Health Service partnered to launch an innovation lab. The studio will focus on developing and putting into practise data-driven solutions. Ardent has also implemented Polaris, a game-changing technology from SwitchPoint that accurately forecasts patient volume in any clinical setting.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study. The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and component offerings of key players.

The detailed segments and sub-segment of the market are explained below.

By Component:

Software & Services

Hardware

By Deployment:

On-premises

Cloud based

By End User:

Healthcare Payers

Healthcare Providers

Other End Users

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By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

RoLA

Rest of the World

Table of Content

  1. Introduction

    • Study Assumptions
    • Scope of the Study

  2. Research Methodology
  3. Executive Summary
  4. Market Dynamics

    • Market Drivers
    • Market Restraints
    • Industry Attractiveness – Porter’s Five Forces Analysis

  5. Market Segmentation
  6. Competitive Landscape

    • Vendor Market Share
    • Company Profiles

  7. Market Opportunities and Future Trends
  8. Industrial Chain, Downstream Buyers, and Sourcing Strategy
  9. Marketing Strategy Analysis

 ………Continued…!

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Answers to Important Questions

  • What is the potential growth of the imported market?
  • Which organization currently dominates the imported market, and will it continue to dominate in the 2024-2032 forecast period?
  • What are the fundamental strategies that players need to adopt in the coming years?
  • Which regional market is expected to secure the largest market share?
  • How will the competitive landscape change in the future?
  • What should players do to adapt to future competitive changes?
  • What will be the total production and consumption in the imported market by 2032?
  • What are the upcoming key technologies, and what impact will they have on the imported industry?
  • Which product segment is anticipated to exhibit the highest CAGR?
  • Which application is predicted to acquire the largest market share?

This Report Provides:

  • Assessment of global industry trends, historical data from 2024, projections for the coming years, and anticipation of compound annual growth rates (CAGR) by the end of the forecast period.
  • Identification of new market opportunities and targeted marketing strategies for the Market.
  • Discussion of R&D, demand for new product launches, and applications. Comprehensive company profiles of major players in the industry.
  • Analysis of the market composition in terms of dynamic molecule types and targets, highlighting the major company resources and players.
  • Growth in patient epidemiology and market revenue globally and across key players and market segments.
  • Examination of the market in terms of general and premium product revenue.
  • Determination of business opportunities in the market revenue scenario by analyzing trends in authorizing and co-development deals.

The Main Goals of the Report Are:

  • To examine and project the size of the global market for the market sector.
  • To research the major players globally, including their SWOT analysis, market value, and market share.
  • To identify, describe, and project market based on type, end use, and geography.
  • To analyze the market advantages, challenges, risks, and constraints in the world’s major regions.
  • To identify key trends and factors that are promoting or inhibiting market growth.
  • To determine the high-growth segments to assess the market prospects for stakeholders.
  • To evaluate each submarket carefully in terms of its own growth pattern and market contribution.
  • To understand market dynamics, agreements, growth, and the introduction of new products as competitive advances.
  • To strategically identify the major players and thoroughly examine their expansion plans.

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