A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “Clinical Data Analytics – Global Market Trajectory & Analytics.” The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
Edition: 6; Released: April 2021
Executive Pool: 19944
Companies: 42 – Players covered include Athenahealth, Inc.; IBM Corporation; Intersystems; Koninklijke Philips NV; McKesson Corporation; MedeAnalytics, Inc.; Optum, Inc.; Oracle Corporation; Verisk Analytics, Inc. and Others.
Coverage: All major geographies and key segments
Segments: Application (Clinical Detection Support, Population Health Management, Precision Health, Quality Care, Reporting & Compliance); Deployment Model (Cloud, On-Premise)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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ABSTRACT-
Global Clinical Data Analytics Market to Reach $26.7 Billion by 2026
Amid the COVID-19 crisis, the global market for Clinical Data Analytics estimated at US$5 Billion in the year 2020, is projected to reach a revised size of US$26.7 Billion by 2026, growing at a CAGR of 32.2% over the analysis period. Cloud, one of the segments analyzed in the report, is projected to record a 40.9% CAGR and reach US$28.3 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the On-Premise segment is readjusted to a revised 16.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $2.1 Billion in 2021, While China is Forecast to Reach $4.4 Billion by 2026
The Clinical Data Analytics market in the U.S. is estimated at US$2.1 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$4.4 Billion by the year 2026 trailing a CAGR of 30.3% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 28.8% and 25.9% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 20.9% CAGR. More
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