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Demographic trends play a major role in shaping the healthcare landscape, as economic factors and an aging population contribute to fast-rising healthcare spending. While consumers are spending more on healthcare services in the US, healthcare providers are confronting complex challenges related to labor, competition and tech advances. The COVID-19 pandemic exposed healthcare and social assistance providers to unprecedented financial and operational pressures, with the lasting impacts still shaping every corner of the sector in 2024. Providers continue to grapple with workforce shortages intensified by the pandemic, resulting in ongoing staffing and recruitment challenges that pressure wage growth and new strategies to recruit and retain. At the same time, consolidation activity is reshaping the healthcare landscape, with more patients than ever receiving care from massive, integrated health systems rather than independent ones. Meanwhile, social assistance providers are finding it difficult to meet rising demand. Despite this challenging operating environment, revenue has been expanding at a CAGR of 3.1% to an estimated $4.1 trillion over the past five years, with revenue rising an expected 3.2% in 2025. Healthcare and social assistance providers are struggling to address staffing challenges. The pandemic exacerbated existing staffing shortages, as the physical and mental toll of the pandemic pushed some to leave the sector entirely. Persistent labor shortages jeopardize healthcare and social assistance providers' ability to address demand, creating widespread staff burnout, high turnover rates and wage inflation. While the health sector labor market began stabilizing in 2024, alleviating wage pressures, an undersized workforce still leaves hundreds of thousands of jobs open. Statewide and federal initiatives have been enacted to direct investment into building a more robust workforce. Demographic trends will continue to be the driving force behind rising healthcare spending moving forward. However, increasing demand and elevated costs will pressure healthcare and social assistance providers to shift how they operate. Some regulatory measures, like the Inflation Reduction Act, could mitigate rising costs in some areas, specifically pharmaceuticals. Consolidation activity will ramp up as smaller providers join larger health groups to secure larger insurer reimbursements through negotiating power. Digital tools and telehealth will become central in healthcare delivery because of their ability to lower costs, increase capacity, bridge health inequities and improve patient outcomes. In all, sector revenue will grow at a CAGR of 2.6% to reach an estimated $4.7 trillion over the next five years.
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The Health Services subdivision encompasses various health facilities and services. General hospitals generate more than half Australia's health services revenue. Other key revenue sources include general practitioners (GPs), clinical specialists and dentists. While demand for health services has surged in response to Australia’s ageing population, the pandemic created mixed demand within healthcare industries. Pathology services experienced strong revenue growth during 2020-21, whereas psychiatric hospital revenue dropped during the same period. In 2024, service provision has recovered as healthcare systems adapt to the ongoing challenges, including the integration of telehealth. This technological advancement, along with improved access to services, is expected to provide a steady boost to revenue. Revenue in this subdivision is expected to have expanded at an annualised 0.5% over the five years through 2024-25 to $217.3 billion. While the pandemic initially disrupted services and redirected resources, the only significant revenue drop occurred in 2022-23, when cost-of-living pressures and the lingering effects of the pandemic, including workforce shortages and healthcare disruptions, negatively impacted the subdivision. Despite these setbacks, revenue is projected to climb 1.0% in 2024-25, spurred by an ageing population and ongoing demand for healthcare services. Profit margins have shrunk over the past few years, tied closely to rising wage costs throughout the Health Services subdivision. Over the coming years, Australia's ageing population will continue driving demand for health services. The recent re-indexation of Medicare rebates for services provided by general practitioners, specialists and diagnostic imaging will support revenue growth in these areas. An increasing number of Australians are taking out private health insurance for hospitals and general treatment, strengthening the provision of private healthcare services. In addition to greater uptake of private coverage, expanded federal funding for Medicare is a key driver in why revenue for the Health Services subdivision is projected to grow at an annualised 3.0% over the five years through 2029-30 to $251.3 billion, highlighting the need for strategic planning and resource allocation.
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The Big Data in Healthcare Market Report is Segmented by Component (Software, Services), Deployment (On-Premise, Cloud), Analytics Type (Descriptive Analytics, Predictive Analytics, Prescriptive Analytics), Application (Financial Analytics, and More), End User (Healthcare Providers, and More), and Geography (North America, Europe, Asia-Pacific, and More). The Market Forecasts are Provided in Terms of Value (USD).
According to our latest research, the global Big Data in Healthcare market size reached USD 41.2 billion in 2024, demonstrating robust expansion driven by the increasing adoption of advanced analytics and data-driven decision-making in the healthcare sector. The market is projected to grow at a CAGR of 17.4% from 2025 to 2033, reaching an estimated value of USD 154.1 billion by 2033. This significant growth is primarily attributed to the surging volume of healthcare data, advancements in artificial intelligence and machine learning, and the increasing focus on improving patient outcomes and operational efficiency across healthcare institutions worldwide.
One of the primary growth factors fueling the Big Data in Healthcare market is the exponential rise in healthcare data generation, driven by the widespread adoption of electronic health records (EHRs), wearable devices, and connected medical equipment. As healthcare organizations seek to harness actionable insights from this data deluge, the demand for advanced analytics solutions has surged. The integration of big data analytics enables providers to enhance clinical decision-making, reduce medical errors, and optimize treatment protocols, thereby improving patient care and safety. Furthermore, the growing emphasis on value-based care models has compelled healthcare stakeholders to invest in robust data analytics platforms that can support population health management and evidence-based medicine, further accelerating market expansion.
Another key driver of the Big Data in Healthcare market is the growing need for cost containment and operational efficiency within healthcare organizations. Rising healthcare costs, resource constraints, and the increasing complexity of healthcare delivery have prompted providers and payers to leverage big data analytics to streamline operations, reduce redundancies, and enhance resource allocation. Financial analytics applications, in particular, are witnessing substantial uptake as organizations strive to identify cost-saving opportunities, detect fraudulent claims, and improve revenue cycle management. Additionally, operational analytics solutions are being deployed to optimize supply chain management, workforce planning, and facility utilization, resulting in enhanced productivity and reduced overheads.
The rapid advancement of artificial intelligence (AI), machine learning, and cloud computing technologies has also played a pivotal role in propelling the Big Data in Healthcare market forward. AI-driven analytics platforms are enabling healthcare providers to uncover hidden patterns in patient data, predict disease outbreaks, and personalize treatment plans based on individual patient profiles. The proliferation of cloud-based solutions has further democratized access to advanced analytics tools, allowing even small and medium-sized healthcare organizations to leverage big data capabilities without significant upfront investments in IT infrastructure. This technological evolution is expected to continue driving innovation and adoption across the global healthcare landscape.
From a regional perspective, North America continues to dominate the Big Data in Healthcare market, accounting for the largest revenue share in 2024, followed by Europe and Asia Pacific. The region's leadership is underpinned by robust healthcare IT infrastructure, high adoption rates of electronic health records, and strong government initiatives promoting data interoperability and healthcare digitization. Meanwhile, Asia Pacific is poised for the fastest growth during the forecast period, fueled by rapid healthcare modernization, expanding digital health initiatives, and increasing investments in healthcare analytics by both public and private sectors. As healthcare systems worldwide continue to prioritize data-driven transformation, the market's regional landscape is expected to evolve, with emerging economies playing an increasingly prominent role in shaping future growth trajectories.
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The Hospital Workforce Management market for Hospital Workforce Management is forecasted to attain USD 1,801.2 million by 2025, expanding at 8.7% CAGR to reach USD 4,162.1 million by 2035. In 2024, the revenue of Hospital Workforce Management was around USD 1,661.3 million
Key Market Metrics
Metric | Value |
---|---|
Industry Size (2025E) | USD 1,801.2 Million |
Industry Value (2035F) | USD 4,162.1 Million |
CAGR (2025 to 2035) | 8.7% |
Country-Wise Analysis
Country | CAGR (2025 to 2035) |
---|---|
United States | 9 .4% |
Country | CAGR (2025 to 2035) |
---|---|
Germany | 9 .0% |
Country | CAGR (2025 to 2035) |
---|---|
UK | 8.4% |
Country | CAGR (2025 to 2035) |
---|---|
Japan | 9.2% |
Country | CAGR (2025 to 2035) |
---|---|
India | 8.5% |
Competitive Outlook
Company Name | Estimated Market Share (%) |
---|---|
Kronos Incorporated (UKG) | 22-26% |
Oracle Corporation | 16-20% |
Infor Inc. | 14-18% |
SAP SE | 12-16% |
Workday, Inc. | 10-14% |
Other Companies (combined) | 30-40% |
Home Healthcare Market Size 2025-2029
The home healthcare market size is forecast to increase by USD 492.7 million, at a CAGR of 15.2% between 2024 and 2029.
The market is experiencing significant growth due to the increasing preference for quality healthcare services care in the comfort of one's own home. Patient satisfaction is at an all-time high as home healthcare offers flexibility, convenience, and personalized care. However, this market faces a notable challenge that the rising incidence of life-threatening diseases necessitating home healthcare services puts immense pressure on the availability of home healthcare professionals (HCPs).
This shortage poses a significant challenge for providers, requiring innovative solutions to ensure adequate staffing and maintain the high-quality care expected by patients. Companies that can effectively address this challenge and provide reliable, high-quality medical devices and home healthcare services will be well-positioned to capitalize on the market's potential for growth.
What will be the Size of the Home Healthcare Market during the forecast period?
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The market continues to evolve, shaped by various sectors and dynamic market activities. Registered nurses (RNs) and other healthcare professionals, including pediatric care specialists, occupational therapists, and home healthcare agencies, deliver personalized care to patients in need. This care encompasses a range of services, from companion care and wound care to rehabilitation therapy and hospice care. Home healthcare software and patient portals facilitate efficient care coordination and medication management, ensuring HIPAA compliance. The aging population's increasing demand for in-home care necessitates continuous workforce development through employee training and quality improvement initiatives. Cost-effective solutions, such as homemaker services and telehealth services, address the chronic disease epidemic and hospital readmissions.
Value-based care and patient satisfaction are key drivers, with healthcare outcomes and diabetes management being crucial focus areas. Assistive devices, including mobility aids and oxygen therapy, enhance the quality of life for patients, while remote patient monitoring and in-home care provide essential support for those with complex conditions. Home infusion therapy and skilled nursing care ensure comprehensive care for patients with chronic diseases. The market's ethical considerations and regulatory landscape continue to unfold, with ongoing compliance regulations and Data Security measures ensuring the highest standards of care. Private insurance coverage and care coordination further strengthen the industry's foundation, enabling it to adapt and thrive in the ever-changing healthcare landscape.
How is this Home Healthcare Industry segmented?
The home healthcare industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Type
Products
Services
Solutions
Application
Medical treatment
Preventive healthcare
Age Group
Adults
Geriatric
Pediatric
Disease Type
Cardiovascular disorder and hypertension
Diabetes and kidney disorders
Cancer
Wound care
Others
Geography
North America
US
Canada
Mexico
Europe
France
Germany
Russia
UK
APAC
China
India
Japan
Rest of World (ROW).
By Type Insights
The products segment is estimated to witness significant growth during the forecast period.
The market encompasses a range of services and products, including Speech-Language Pathologists, Medical Supplies, Home Care Franchises, Mental Health Services, Medical Social Workers, and HIPAA Compliance. Post-Hospital Care, Personalized Care, and Home Healthcare Cost-Effectiveness are key drivers in the market. Ethical Considerations, Palliative Care, and Chronic Disease Epidemic require ongoing Quality Improvement to address Hospital Readmissions and Chronic Disease Management. Value-Based Care prioritizes Patient Satisfaction and Healthcare Outcomes, with Diabetes Management a significant focus. Home Healthcare Agencies employ various professionals such as Homemaker Services, Physical Therapists, Oxygen Therapy Providers, Home Health Aides, Personal Care Services, Telehealth Services, and Home Infusion Therapy specialists.
Compliance Regulations necessitate Patient Portals and Registered Nurses (RNs) for care coordination. Pediatric Care, Occupational Therapists, Companion Care, Wound Care, and Geriatric Care cater to diverse patient needs. The Home Healthcare Workforce r
Healthcare Analytics Market Size 2025-2029
The healthcare analytics market size is forecast to increase by USD 81.28 billion, at a CAGR of 25% between 2024 and 2029.
The market is experiencing significant growth due to several key trends. The integration of big data with healthcare analytics is a major growth factor, enabling healthcare providers to make data-driven decisions and improve patient outcomes.
Another trend is the increasing use of Internet-enabled mobile devices in healthcare services, allowing for remote monitoring and real-time data access. However, data security and privacy concerns remain a challenge, with the need for strong security measures to protect sensitive patient information. These trends are shaping the future of patient engagement and driving growth in the global healthcare analytics market as well.
What will be the Size of the Healthcare Analytics Market During the Forecast Period?
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The market is experiencing significant growth due to the increasing adoption of digital solutions for improving patient care and reducing treatment costs. Healthcare organizations are leveraging descriptive analytics to gain insights from clinical data, while predictive and prescriptive analytics enable the development of personalized treatment plans and optimal therapeutic strategies. Financial analytics help manage healthcare expenses, ensuring cost-effective patient care. The National Institutes of Health (NIH) and other research institutions are driving innovation in health data analytics, leading to advancements in areas such as patient compliance, medication selection, and disease management. Industry leaders are utilizing artificial intelligence and machine learning to enhance clinical care, outreach, and disease management, ultimately leading to better treatment consistency and optimal outcomes for patients.
How is this Healthcare Analytics Industry segmented and which is the largest segment?
The healthcare analytics industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Component
Services
Software
Hardware
Deployment
On-premise
Cloud-based
Type
Descriptive Analysis
Predictive Analysis
Prescriptive and Diagnostics
Application
Financial Analytics
Clinical Analytics
Operations and Administrative Analytics
Population Health Analytics
End-User
Insurance Company
Government Agencies
Healthcare Providers
Pharmaceutical and Medical Device Companies
Geography
North America
US
Canada
Europe
France
Germany
Italy
UK
APAC
China
India
Japan
South Korea
South America
Middle East and Africa
By Component Insights
The services segment is estimated to witness significant growth during the forecast period. Healthcare analytics services encompass consulting, learning and training, development and integration, hardware maintenance and support, IT management, process management, and software support. The consulting and software support segments are experiencing significant growth due to the increasing demand for advanced healthcare delivery systems and cost-effective models. The healthcare sector's ongoing transition from on-premises to cloud-based software and IT infrastructure deployment is another growth driver. This shift is expected to increase the demand for IT education and training services. End-users of these services range from individual doctor offices to full-service hospitals and multi-location clinics, including large hospitals and tissue and blood processing organizations.
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The services segment was valued at USD 6.7 billion in 2019 and showed a gradual increase during the forecast period.
Regional Analysis
APAC is estimated to contribute 36% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The North American market is driven by the increasing demand for secure data access and effective patient information management. The US and Canada are the primary contributors to this market due to their early adoption of advanced technologies, such as machine learning, predictive analytics, and quantum computing, across various industries. These technologies enable the healthcare sector to optimize patient compliance, medication selection, and therapeutic strategies and, ultimately, achieve optimal outcomes. Major companies in this market provide solutions to help healthcare organizations manage and
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The North America Healthcare Analytics Market report segments the industry into Technology Type (Predictive Analytics, Prescriptive Analytics, Descriptive Analytics), Application (Clinical Data Analytics, Financial Data Analytics, Administrative Data Analytics), Component (Hardware, Software, Service), Mode Of Delivery (On-premise Model, Cloud- and Web-based Models), End Users (Healthcare Providers, and more), and Geography.
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The big data in healthcare market size is estimated to grow from USD 78 billion in 2024 to USD 540 billion by 2035, representing a CAGR of 19.20% till 2035
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The Value-Based Healthcare Services Market Report is Segmented by Payment Model (Bundled Payments, Shared Savings, Pay-For-Performance, and More), Provider Setting (Hospitals & IDNs, Physician Group Practices, Home Health & Post-Acute Care, Ambulatory Surgical Centres, and More), and Geography (North America, Europe, Asia-Pacific, Middle East & Africa, South America). The Market Forecasts are Provided in Terms of Value (USD).
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[250 Pages Report] The global demand for hospital supplies is expected to increase at 3.7% CAGR over the forecast period from 2022 to 2032. Sales in the hospital supplies market are estimated to reach a valuation of US$ 29.5 Billion in 2022. According to the study, hospitals held a substantial share of 47.2% in 2021 in the global hospital supplies market.
Data Points | Market Insights |
---|---|
Hospital Supplies Market Value 2021 | US$ 28.6 Billion |
Hospital Supplies Market Value 2022 | US$ 29.5 Billion |
Hospital Supplies Market Value 2032 | US$ 42.3 Billion |
Hospital Supplies Market CAGR 2022 to 2032 | 3.7% |
Market Share of Top 5 Countries | 53.3% |
Scope Of Report
Attribute | Details |
---|---|
Forecast Period | 2022 to 2032 |
Historical Data Available for | 2017 to 2021 |
Market Analysis | US$ Billion for Value |
Key Regions Covered | North America, Latin America, Europe, South Asia, East Asia, Oceania, and Middle East & Africa |
Key Countries Covered | The USA, Canada, Brazil, Mexico, Argentina, the UK, Germany, France, Italy, Spain, Russia, BENELUX, China, Japan, South Korea, India, Thailand, Indonesia, Malaysia, Australia, New Zealand, North Africa, GCC Countries, Turkey, and South Africa |
Key Market Segments Covered | Product, End User, and Region |
Key Companies Profiled |
|
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The Europe hospital capacity management solution market is expected to reach USD 376.8 million by 2025 and is expected to steadily grow at a CAGR of 4.3% to reach USD 574.1 million by 2035. In 2024, Europe hospital capacity management solutionmarket have generated roughly USD 361.3 million in revenues.
Metric | Value |
---|---|
Industry Size (2025E) | USD 376.8 million |
Industry Value (2035F) | USD 574.1 million |
CAGR (2025 to 2035) | 4.3% |
Country Wise Analysis
Country | CAGR (2025 to 2035) |
---|---|
Germany | 3.2% |
Country | CAGR (2025 to 2035) |
---|---|
United Kingdom | 3.6% |
Country | CAGR (2025 to 2035) |
---|---|
France | 4.2% |
Country | CAGR (2025 to 2035) |
---|---|
Spain | 4.7% |
Country | CAGR (2025 to 2035) |
---|---|
Italy | 5.8% |
Competitive Outlook
Company Name | Estimated Market Share (%) |
---|---|
Cerner Corporation | 34.6% to 38.5% |
Allscripts Healthcare Solutions | 20.4% to 22.6% |
Awarepoint Corporation | 15.1% to 17.2% |
McKesson Corporation | 4.6% to 6.8% |
Other Companies (combined) | 12.1% to 15.4% |
Healthcare Information Systems Market Size 2024-2028
The healthcare information systems market size is forecast to increase by USD 126.2 billion at a CAGR of 9.5% between 2023 and 2028.
The market is experiencing significant growth due to the increasing demand for efficient medical care and disease management. Key features of HIS, such as medical device integration and ease of use, are driving this growth. Remote patient monitoring and disease management are becoming increasingly important, enabling healthcare providers to deliver better patient care and financial savings through improved efficiency. However, technical considerations, including data security and privacy, remain challenges that must be addressed to ensure the successful implementation and adoption of HIS. The market is witnessing a high demand for electronic health record (EHR) solutions and an increasing number of mergers and acquisitions. Despite these opportunities, it is crucial for providers to carefully consider the technical aspects of HIS implementation to ensure seamless integration and optimal performance.
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The healthcare industry is undergoing a significant transformation, driven by advancements in technology and the increasing demand for efficient, patient-centric care. The market is witnessing substantial growth as healthcare organizations seek to optimize their operations, improve patient outcomes, and reduce costs. Healthcare data management is a critical component of this transformation. The ability to collect, store, and analyze large volumes of patient data is essential for delivering personalized and precise medical care. Healthcare data analytics is playing an increasingly important role in this regard, enabling healthcare providers to gain valuable insights from patient data and make informed decisions.
In addition, another key trend in the market is healthcare data security. With the increasing digitization of healthcare data, ensuring its security and privacy is a top priority. Healthcare organizations are investing in advanced cybersecurity solutions to protect sensitive patient information from cyber threats. Mobile technology is also transforming the healthcare landscape. Mobile health apps, telehealth platforms, and wearable technology are enabling remote patient monitoring, teleconsultations, and other innovative healthcare services. These technologies are improving patient engagement, enhancing the patient experience, and reducing the need for in-person visits. Cloud-based healthcare systems are another area of growth in the market.
How is this market segmented and which is the largest segment?
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Application
Revenue cycle management
Hospital information system
Medical imaging information system
Pharmacy information systems
Laboratory information systems
Geography
North America
Canada
US
Europe
Germany
UK
France
Italy
Asia
China
India
Japan
South Korea
Rest of World (ROW)
By Application Insights
The revenue cycle management segment is estimated to witness significant growth during the forecast period.
The healthcare industry's shift towards digitalization is driving the adoption of Healthcare Information Systems (HCIS), particularly in patient engagement and managing patient-related data. Chronic diseases, which account for a significant portion of healthcare expenditures, necessitate effective data management and analysis. HCIS product lines, including hardware and healthcare IT solutions, enable healthcare facilities to streamline operations, reduce costs, and enhance patient care. As the US population ages and the prevalence of chronic diseases increases, the need for advanced healthcare data analytics becomes more critical. HCIS solutions help manage complex billing processes, ensuring accuracy and compliance with regulations such as HIPAA and FDCPA.
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The revenue cycle management segment was valued at USD 81.10 billion in 2018 and showed a gradual increase during the forecast period.
Regional Analysis
North America is estimated to contribute 47% to the growth of the global market during the forecast period.
Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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In North America, the market is among the most advanced, driven by substantial investments in healthcare and government initiativ
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The Smart Healthcare Products Market Report is Segmented by Product Type (Telemedicine, Electronic Health Records, Mhealth Solutions, Smart Pills, Smart Syringes, Smart RFID Cabinets, and More), Application (Storage and Inventory Management, Remote Monitoring, and More), End User (Hospitals, Home Care Settings, and More), and Geography (North America, Europe, and More). The Market Forecasts are Provided in Terms of Value (USD).
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The size of the Analytics in Healthcare Industry market was valued at USD 46.50 Million in 2023 and is projected to reach USD 197.16 Million by 2032, with an expected CAGR of 22.92% during the forecast period. The Analytics in Healthcare Industry refers to the use of data analysis, predictive modeling, and statistical methods to derive insights and support decision-making in healthcare. Healthcare analytics enables organizations to improve patient care, optimize operations, reduce costs, and enhance overall efficiency. The rise of big data, artificial intelligence (AI), machine learning (ML), and cloud computing has transformed the way healthcare providers, payers, and pharmaceutical companies manage and analyze data. The widespread implementation of EHRs has led to an enormous amount of patient data being collected. Healthcare analytics tools help in extracting valuable insights from this data to improve patient outcomes and operational efficiency.Increased emphasis on personalized healthcare: Analytics enable healthcare providers to tailor treatments based on individual patient data.Cost optimization: Analytics help healthcare organizations optimize costs by identifying areas for improvement and reducing operational inefficiencies.Improved patient outcomes: By analyzing patient data, healthcare providers can identify risk factors and develop early intervention strategies.Enhanced research and development: Analytics empower researchers to analyze vast amounts of data to identify new patterns and develop innovative therapies. Recent developments include: August 2022: Syntellis Performance Solutions acquired Stratasan Healthcare Solutions, a healthcare market intelligence and data analytics company. Through the acquisition, Syntellis expanded its solutions for healthcare organizations with data and intelligence solutions to improve operational, financial, and strategic growth planning., June 2022: Oracle Corporation acquired Cerner Corporation to combine the clinical capabilities of Cerner with Oracle's enterprise platform analytics and automation expertise., January 2022: IBM and Francisco Partners signed a definitive agreement under which Francisco Partners will acquire healthcare data and analytics assets from IBM that are currently part of the Watson Health business.. Key drivers for this market are: Technological Advancements and Favorable Governemnt Initiatives, Emergence of Big Data in the Healthcare Industry. Potential restraints include: Cost and Complexity of Software, Data Integrity and Privacy Concerns; Lack of Proper Skilled Labors. Notable trends are: The Predictive Analytics Segment is Expected to Witness High Growth Over the Forecast Period.
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The US Hospital Supplies Market Report is Segmented by Product (Patient Examination Devices, Operating Room Equipment, Mobility Aids and Transportation Equipment, Sterilization and Disinfectant Equipment, Disposable Hospital Supplies, Syringes and Needles, and Other Types). The Report Offers the Value (USD) for the Above Segments.
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The market is anticipated to reach USD 86.03 billion in 2025 and is expected to grow at a CAGR of 14.5% to reach around USD 351.71 billion by 2035.
Contract & Deals Analysis
Company | Contract Value (USD million) |
---|---|
Philips Healthcare | Approximately USD 80 - 90 |
GE Healthcare | Approximately USD 70 - 80 |
Cerner | Approximately USD 60 - 70 |
IBM Watson Health | Approximately USD 90 - 100 |
Siemens Healthineers | Approximately USD 75 - 85 |
Country-wise CAGR Analysis 2025 to 2035
Country | CAGR (2025 to 2035) |
---|---|
The USA | 14.2% |
The UK | 12.8% |
France | 11.5% |
Germany | 13.0% |
Italy | 10.7% |
South Korea | 14.0% |
Japan | 13.5% |
China | 15.2% |
Australia | 12.2% |
New Zealand | 11.0% |
Competitive Outlook
Company Name | Estimated Market Share (%) |
---|---|
Cerner Corporation | 20-25% |
Epic Systems Corporation | 15-20% |
GE Healthcare | 12-16% |
Siemens Healthineers | 10-14% |
Philips Healthcare | 6-10% |
Other Companies (combined) | 30-40% |
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The Report Covers India Hospital Supplies Market Size and It is Segmented by Product Type (Patient Examination Devices, Operating Room Equipment, Mobility Aids and Transportation Equipment, Sterilization and Disinfectant Equipment, Disposable Hospital Supplies, Syringes and Needles, and Other Types). The Market Provides Value (in USD Million) for the Above Segments.
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The US Healthcare/Hospital Food Services Market approximate to surpass USD 63.50 billion, with a forecasted CAGR of 11.2% By 2034
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The size of the Mobility in Healthcare Industry market was valued at USD 135.43 Million in 2023 and is projected to reach USD 523.89 Million by 2032, with an expected CAGR of 21.32% during the forecast period.Healthcare mobility therefore means the process of extending access and using healthcare services beyond the traditional brick-and-mortar clinic or hospital. It, therefore, captures the mobile use of the devices such as smartphones, tablets, and all forms of wearable technology regarding access, management, or consumption of health information and services.It has ushered in a modern era of healthcare delivery, convenient, accessible, and far more efficient than ever before. Mobile applications, or apps, form an integral tool both patients and healthcare providers rely on. A patient can use the apps to keep track of health metrics, schedule appointments, refill a prescription, and even obtain prescriptions from doctors online. Mobilizing technology for healthcare providers allows patients to be monitored from anywhere, communication with others to get streamlined, and electronic health records to be accessed everywhere in the world. One of the most important benefits of mobility in healthcare is that it can improve patient outcomes. The tools provided by mobility may empower patients to make better choices and take their treatment more seriously so as to achieve better patient outcomes. For example, chronic patients can monitor their symptoms and their medication adherence as well as other reminders tailored to the individual through mobile applications. This may consequently mean efficacious disease management, lesser numbers of people visiting the hospitals, and an overall better quality of life. Additionally, mobility can help in bringing a bridge over the digital divide and improving health care accessibility to underserved communities. Mobile devices are becoming a worthwhile deal and accessible in even the remotest parts. It would enable health care providers to provide necessary services that may have little otherwise access it through leverage of mobile technology. It may help in reducing these disparities in health and keeping a healthier population. In a nutshell, mobility is changing healthcare by providing new and innovative ways in which patients and providers may access, manage, and deliver care. With technology at the development stage, it can and will surely bring the most exciting developments in mobile healthcare. Harnessing the power of mobility shall improve patient outcomes, enhance access to care, and make the healthcare system more patient-centered. Recent developments include: In August 2022, Indonesia's Health Ministry launched the Indonesia Health Services platform in Jakarta as a part of the country's health technology transformation., In June 2022, athenahealth, Inc., a provider of network-enabled software and services for medical groups and health systems nationwide, launched its athenaOne Voice Assistant Powered by Nuance, a mobile-embedded, voice-driven digital companion that streamlines information retrieval and enables hands-free completion of meaningful clinical tasks for healthcare providers using athenahealth's electronic health records (EHR) solution.. Key drivers for this market are: Increasing Utilization of the Smart Devices (Smartphones, Smart watches, etc.), Increased Influence of the Social Media on Healthcare; Rise in the Demand of Personalized Medicines. Potential restraints include: Safety and Security Issues Associated with Patient Health Information, Lack of Skilled Professionals. Notable trends are: Patient Care Management Segment is Expected to Witness a Healthy Growth Over the Forecast Period.
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Demographic trends play a major role in shaping the healthcare landscape, as economic factors and an aging population contribute to fast-rising healthcare spending. While consumers are spending more on healthcare services in the US, healthcare providers are confronting complex challenges related to labor, competition and tech advances. The COVID-19 pandemic exposed healthcare and social assistance providers to unprecedented financial and operational pressures, with the lasting impacts still shaping every corner of the sector in 2024. Providers continue to grapple with workforce shortages intensified by the pandemic, resulting in ongoing staffing and recruitment challenges that pressure wage growth and new strategies to recruit and retain. At the same time, consolidation activity is reshaping the healthcare landscape, with more patients than ever receiving care from massive, integrated health systems rather than independent ones. Meanwhile, social assistance providers are finding it difficult to meet rising demand. Despite this challenging operating environment, revenue has been expanding at a CAGR of 3.1% to an estimated $4.1 trillion over the past five years, with revenue rising an expected 3.2% in 2025. Healthcare and social assistance providers are struggling to address staffing challenges. The pandemic exacerbated existing staffing shortages, as the physical and mental toll of the pandemic pushed some to leave the sector entirely. Persistent labor shortages jeopardize healthcare and social assistance providers' ability to address demand, creating widespread staff burnout, high turnover rates and wage inflation. While the health sector labor market began stabilizing in 2024, alleviating wage pressures, an undersized workforce still leaves hundreds of thousands of jobs open. Statewide and federal initiatives have been enacted to direct investment into building a more robust workforce. Demographic trends will continue to be the driving force behind rising healthcare spending moving forward. However, increasing demand and elevated costs will pressure healthcare and social assistance providers to shift how they operate. Some regulatory measures, like the Inflation Reduction Act, could mitigate rising costs in some areas, specifically pharmaceuticals. Consolidation activity will ramp up as smaller providers join larger health groups to secure larger insurer reimbursements through negotiating power. Digital tools and telehealth will become central in healthcare delivery because of their ability to lower costs, increase capacity, bridge health inequities and improve patient outcomes. In all, sector revenue will grow at a CAGR of 2.6% to reach an estimated $4.7 trillion over the next five years.