Top Companies in Healthcare Analytics Market | Top Companies Regulatory Landscape, CAGR, Market Insights, Market Share | Vantage Market Research

Healthcare Analytics is a method of analysing data in a structured way to help healthcare workers find ways to improve health system administration, patient involvement, cost, and diagnosis.

Top Companies in Healthcare Analytics Market | Top Companies Regulatory Landscape, CAGR, Market Insights, Market Share | Vantage Market Research
healthcare analytics market

Market Overview:

The Global Healthcare Analytics Market is valued at USD 28.5 Billion in the year 2021 and is forecasted to reach a value of USD 89 Billion by the year 2028. The Global Market is anticipated to grow to exhibit a Compound Annual Growth Rate (CAGR) of 20.9% over the forecast period. The rapid rate of technological improvements and massive investments with the aid of the healthcare industry in IT development and digitization were key elements of the enormous boom of the Healthcare Analytics industry. The analytical platforms which are currently being deployed with the aid of healthcare establishments throughout the globe help in patient management, and their retention, due to which better care is delivered.

Implementation of healthcare analytical platforms not only increases the productivity of the staff, however, but patient management has also been improved and the burden on caregivers has been minimized. The rapid rate of technological advancement and the massive investment of the healthcare industry in IT development and digitalization are key factors in the rapid growth of the healthcare sector. Analysis platforms are currently distributed by health facilities around the world, assistance in patient management, and maintenance, due to the best care that can be provided.

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Some of the key players operating in the Healthcare Analytics Market are listed below:

Company Name

Revenue in the US

  • Xerox

$7 Billion

  • Epic Systems Corporation

$3 Billion

  • GE Healthcare

$18 Billion

  • Dell

$105 Billion

  • McKesson Corporation

$257 Billion

  • Philips Healthcare

$23 Billion

  • Cognizant

$18 Billion

  • Siemens AG

$70 Billion

  • Optum

$63 Billion

  • Cerner Corporation

$5 Billion

  1. Xerox

Xerox Holdings Corporation, a workplace technology company, designs, develops, and sells document management systems and solutions in the United States, Europe, Canada, and internationally. It offers workplace solutions, including desktop monochrome, and color and multifunction printers; digital printing presses and light production devices, and solutions; and digital services that leverage workflow automation, personalization and communication software, content management solutions, and digitization services. Xerox Holdings Corporation was founded in 1906 and is headquartered in Norwalk, Connecticut.

  1. Epic System Corporation

Epic Systems Corporation is a healthcare-focused software company that develops and offers products to improve the health of people. The company’s products are used at community hospitals, academic medical centers, children's organizations, safety net providers, retail clinics, multispecialty groups, integrated delivery networks, rehab centers, and patients’ homes as well as in many other aspects. Epic Systems Corporation was established in 1979 and is based in Verona, Wisconsin.

  1. GE Healthcare

GE Healthcare Inc. produces medical equipment. The Company offers scanners, monitors, dispensers, imagers, displays, recorders, analyzers, separators, and other laboratory and medical equipment for medical and medical research industries worldwide. It was founded in 1994 and headquarter is in United States.

  1. Dell

Dell Technologies Inc. designs, develops, manufactures, markets, sells, and supports information technology (IT) solutions, products, and services worldwide. The company operates through three segments: Infrastructure Solutions Group (ISG), Client Solutions Group (CSG), and VMware. The ISG segment provides traditional and next-generation storage solutions; and rack, blade, tower, and hyper scale servers. This segment also offers networking products and services that help its business customers to transform and modernize their infrastructure, mobilize and enrich end-user experiences. Dell Technologies Inc. was founded in 1984 and is headquartered in Round Rock, Texas.

  1. McKesson

McKesson Corporation provides healthcare services in the United States and internationally. It operates through four segments: U.S. Pharmaceutical, International, Medical-Surgical Solutions, and Prescription Technology Solutions. This segment also provides practice management, technology, clinical support, and business solutions to community-based oncology and other specialty practices; and consulting, outsourcing, technological, and other services, as well as sells financial, operational, and clinical solutions to pharmacies. McKesson Corporation was founded in 1833 and is headquartered in Irving, Texas.

  1. Philips NV

Philips NV is a technology company, which engages in the healthcare, lighting, and consumer well-being markets. It operates through the following segments: Personal Health, Diagnosis & Treatment, Connected Care & Health Informatics, and Other. The Personal Health segment focuses on healthy living and preventative care. This segment comprises the Personal Care, Domestic Appliances, Oral Healthcare, and Mother & Child Care businesses. The company was founded by Anton Frederik Philips and Gerard Leonard Frederik Philips in 1891 and is headquartered in Amsterdam, the Netherlands.

  1. Cognizant

Cognizant Technology Solutions Corporation, a professional services company, provides consulting and technology, and outsourcing services.  It operates through four segments: Financial Services; Healthcare; Products and Resources; and Communications, Media and Technology. The company offers customer experience enhancement, robotic process automation, analytics, and AI services in areas, such as digital lending, fraud detection, and next-generation payments; the shift towards consumerism, outcome-based contracting, digital health, delivering integrated seamless, Omni-channel, and patient-centered experience; and services that drive operational improvements in areas. The company was founded in 1994 and is headquartered in Teaneck, New Jersey.

  1. Siemens

Siemens is a technology company, focuses in the areas of automation and digitalization. It operates through Digital Industries, Smart Infrastructure, Mobility, Siemens Healthiness, and Siemens Financial Services segments. The Digital Industries segment offers automation systems and software for factories, numerical control systems, motors, drives and inverters, and integrated automation systems for machine tools and production machines; process control systems, machine-to-machine communication products, sensors and radio frequency identification systems; software for production and product lifecycle management, and simulation and testing of mechatronic systems; and cloud-based industrial Internet of Things operating systems. Siemens was founded in 1847 and is headquartered in Munich, Germany.

  1. Optum

Optum is a health services and innovation company. It provides data and analytics, health care delivery, health care operations, pharmacy care services, population health management, and advisory services. It was founded in 2011 and headquarter is in United States.

  1. Cerner Corporation

Cerner Corporation, together with its subsidiaries, provides health care information technology solutions and tech-enabled services in the United States and internationally. It offers Cerner Millennium architecture, a person-centric computing framework, which includes clinical, financial, and management information systems that allow providers to access an individual's electronic health record (EHR) at the point of care, and organizes and delivers information for physicians, nurses, laboratory technicians, pharmacists, front- and back-office professionals, and consumers. The company was founded in 1979 and is headquartered in North Kansas City, Missouri.

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