In Focus

Healthcare

Staff Reporter

, APAC

Published:

10 days ago

Photo from JJ Ying on Unsplash

Healthcare analytics market to reach $345.94b by 2035 amidst tech adoption

It is expected to grow at a CAGR of 26.4% until 2035.

The healthcare analytics market is set to grow at a compound annual growth rate (CAGR) of about 26.4% to reach over $345.94b by 2035, according to Market Research 365.

The report revealed that the rising adoption of analytics tools, particularly with electronic health records (EHRs), digitalisation of medical data, and the push for value-based care and population health management are some driving factors in the market’s growth.

However, the market may experience challenges that hinder potential growth such as data privacy concerns, regulatory compliance, and data complexity.

ALSO READ: Global orthodontic and orthopaedic market projected to rise at 9% CAGR until 2028

The report mentioned that integrating analytics tools and technologies into existing healthcare workflows would require careful planning and investment.

Moreover, some factors that could lead to the healthcare analytics industry’s further advancement are predictive and prescriptive analytics, artificial intelligence (AI), and partnerships between healthcare providers and data analytics companies.

Also Read

Australia’s Campbelltown Hospital completes $413.5m redevelopment

Gene panel market to reach $3.23b growth until 2027

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit

Top News

Australia’s Campbelltown Hospital completes $413.5m redevelopment

The redevelopment features a new northern entrance connected to the main hospital concourse.

Healthcare

5 hours ago

Gene panel market to reach $3.23b growth until 2027

The global market is expected to grow at a CAGR of 18.21%

Healthcare

5 hours ago

Global MRI market foresees 6.4% CAGR growth until 2028

The market is projected to grow to $9.8b within the forecast period.

Healthcare

5 hours ago

Australia invests $1.3b in transforming health and medical research

The investment includes $927.6m (AU$1.4b) under the MRFF.

Healthcare

5 hours ago

Exclusives

The Medical City paves the way for AI-integrated local healthcare and research with Lunit

AI has been incorporated into the hospital chain’s mammography and chest X-ray services.

Healthcare

Singapore’s health data bill mandates regulated information sharing

To ensure data disclosure and sharing, the Ministry of Health can impose up to $1m in fines for non-compliance.

Healthcare

Digital Implantology, Dentway’s route to minimal bleeding from implant surgery

Taiwan’s dental hospital guarantees full recovery from stitchless procedures in a week or two — even for diabetics.

Healthcare

China Medical University Hospital’s AI systems saved the lives of 30% of patients

One of the platforms is a triage system that can identify heart attacks in nearly 40 seconds.

Healthcare

Event News

Healthcare Asia Pharma Awards 2024: Bushu Pharmaceuticals

Bushu Pharmaceuticals' ESG Promotion Manager, Yasuko Watanabe, discusses the company's commitment to sustainability in healthcare, including CO2 reduction initiatives and wastewater treatment upgrades.