- In-House
- Hardware
- Software
- Services
- Outsource
IT Spending on Clinical Analytics Market size was valued at USD 22,362 million in 2022 and is expected to reach USD 52,297 million by 2029 growing at a CAGR of 12.2% during the forecast period 2023-2029. In the healthcare industry, there has been a substantial shift. Due to the significant need for value-based care for population health in all regions of the world, it has experienced tremendous growth and has transitioned from a manually operated to a digitally managed sector. This synchronisation of the digital and physical worlds has begun to generate massive amounts of patient data, which when properly analysed can result in a slew of benefits, like reduced hospital readmissions and improved clinical outcomes, to name a few. Critical analysis of data supplied by healthcare systems also enables significant advances in financial and clinical decision support management. The global Spend analytics market is being driven by rising demand for supplier and market intelligence, predictive analytics for enterprises, and the need to better manage internal compliance requirements and external contracts. Furthermore, over the anticipated time, the growing need for cloud computing technology is expected to develop even more. The Global Spend Analytics Market study offers a comprehensive assessment of the market.
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Base Year
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Largest Market
Fastest Growing Market
The it spending on clinical analytics market is being driven by the increased adoption of dedicated software in the procurement process in industries, which aids in the process of collecting, cleansing, classifying, and analyzing spend data. Spend analytics is gaining ground in a variety of end-user industries and has piqued the interest of a number of businesses looking to improve their financial decision-making. Many firms have technology to handle their purchasing, contracts, and vendors, but these systems are often fragmented and lack insight into spend data across departments and geographies, thus spend analytics provide a platform to visualise more broadly.
The IT Spending on Clinical Analytics Market size was valued at USD 22,362 million in 2022
The IT Spending on Clinical Analytics Market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
The key segments covered in the IT Spending on Clinical Analytics Market are: by solution, platform, deployment, and end-user
1.Executive Summary |
2.Global IT Spending on Clinical Analytics Market Introduction |
2.1.Global IT Spending on Clinical Analytics Market - Taxonomy |
2.2.Global IT Spending on Clinical Analytics Market - Definitions |
2.2.1.Solution |
2.2.2.Platform |
2.2.3.End User |
2.2.4.Deployment |
2.2.5.Region |
3.Global IT Spending on Clinical Analytics Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4.Global IT Spending on Clinical Analytics Market Analysis, 2018-2022 and Forecast 2023-2029 |
4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5.Global IT Spending on Clinical Analytics Market By Solution, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
5.1. In-House |
5.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Outsource |
5.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
6.Global IT Spending on Clinical Analytics Market By Platform, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
6.1. Stand-Alone |
6.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Integrated |
6.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
7.Global IT Spending on Clinical Analytics Market By End User, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
7.1. Payer |
7.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Provider |
7.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
8.Global IT Spending on Clinical Analytics Market By Deployment, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
8.1. Cloud-Based |
8.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. On-Premise |
8.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
9.Global IT Spending on Clinical Analytics Market By Region, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
9.1. North America |
9.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.1.3. Market Opportunity Analysis |
9.2. Europe |
9.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.2.3. Market Opportunity Analysis |
9.3. Asia Pacific (APAC) |
9.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.3.3. Market Opportunity Analysis |
9.4. Middle East and Africa (MEA) |
9.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.4.3. Market Opportunity Analysis |
9.5. Latin America |
9.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.5.3. Market Opportunity Analysis |
10.North America IT Spending on Clinical Analytics Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
10.1. Solution Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1.In-House |
10.1.2.Outsource |
10.2. Platform Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.Stand-Alone |
10.2.2.Integrated |
10.3. End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.Payer |
10.3.2.Provider |
10.4. Deployment Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.4.1.Cloud-Based |
10.4.2.On-Premise |
10.5. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.5.1.United States of America (USA) |
10.5.2.Canada |
11.Europe IT Spending on Clinical Analytics Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
11.1. Solution Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.In-House |
11.1.2.Outsource |
11.2. Platform Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.Stand-Alone |
11.2.2.Integrated |
11.3. End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.Payer |
11.3.2.Provider |
11.4. Deployment Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.4.1.Cloud-Based |
11.4.2.On-Premise |
11.5. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.5.1.Germany |
11.5.2.France |
11.5.3.Italy |
11.5.4.United Kingdom (UK) |
11.5.5.Spain |
11.5.6.Rest of EU |
12.Asia Pacific (APAC) IT Spending on Clinical Analytics Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
12.1. Solution Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.In-House |
12.1.2.Outsource |
12.2. Platform Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.Stand-Alone |
12.2.2.Integrated |
12.3. End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.Payer |
12.3.2.Provider |
12.4. Deployment Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.4.1.Cloud-Based |
12.4.2.On-Premise |
12.5. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.5.1.China |
12.5.2.India |
12.5.3.Australia and New Zealand (ANZ) |
12.5.4.Japan |
12.5.5.Rest of APAC |
13.Middle East and Africa (MEA) IT Spending on Clinical Analytics Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
13.1. Solution Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.1.1.In-House |
13.1.2.Outsource |
13.2. Platform Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.2.1.Stand-Alone |
13.2.2.Integrated |
13.3. End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.3.1.Payer |
13.3.2.Provider |
13.4. Deployment Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.4.1.Cloud-Based |
13.4.2.On-Premise |
13.5. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.5.1.GCC Countries |
13.5.2.South Africa |
13.5.3.Rest of MEA |
14.Latin America IT Spending on Clinical Analytics Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
14.1. Solution Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.1.1.In-House |
14.1.2.Outsource |
14.2. Platform Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.2.1.Stand-Alone |
14.2.2.Integrated |
14.3. End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.3.1.Payer |
14.3.2.Provider |
14.4. Deployment Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.4.1.Cloud-Based |
14.4.2.On-Premise |
14.5. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.5.1.Brazil |
14.5.2.Mexico |
14.5.3.Rest of LA |
15. Competition Landscape |
15.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
15.2.1.CareCloud Corporation (U.S) |
15.2.2.Medical Information Technology, Inc. (U.S) |
15.2.3.Hewlett-Packard Enterprise Development LP (U.S) |
15.2.4.ArborMetrix, Inc. (U.S) |
15.2.5.McKesson Corporation (U.S) |
15.2.6.Cerner Corporation (U.S) |
15.2.7.IBM Corporation (U.S) |
15.2.8.Optum, Inc. (U.S) |
15.2.9.Allscripts Healthcare Solutions, Inc. (U.S) |
16. Research Methodology |
17. Appendix and Abbreviations |