Healthcare Data Monetization Trends and Forecast
The future of the global healthcare data monetization market looks promising with opportunities in the pharmaceutical & biotechnology company, healthcare provider, healthcare payer, and medical technology company markets. The global healthcare data monetization market is expected to reach an estimated $1 billion by 2030 with a CAGR of 18.8% from 2024 to 2030. The major drivers for this market are increasing demand for real-world evidence, rising awareness of the data monetization benefits and healthcare enterprises' emphasis on robust data management, and growing emphasis to reduce healthcare-related cost.A more than 150-page report is developed to help in your business decisions. .
Healthcare Data Monetization by Segment
The study includes a forecast for the global healthcare data monetization by type, deployment, end use, and region.Healthcare Data Monetization Market by Type [Shipment Analysis by Value from 2018 to 2030]:
- Direct Data Monetization
- Indirect Data Monetization
Healthcare Data Monetization Market by Deployment [Shipment Analysis by Value from 2018 to 2030]:
- On-Premise
- Cloud
Healthcare Data Monetization Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
- Pharmaceutical & Biotechnology Companies
- Healthcare Providers
- Healthcare Payers
- Medical Technology Companies
- Others
Healthcare Data Monetization Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Healthcare Data Monetization Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies healthcare data monetization companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the healthcare data monetization companies profiled in this report include:- Oracle
- Microsoft
- Salesforce
- SAS Institute
- TIBCO Software
- Sisense
Healthcare Data Monetization Market Insights
The publisher forecasts that data monetization will remain the larger segment over the forecast period due to growing need for effective data management, interoperability, cost reduction and enhanced patient outcomes.Within this market, pharmaceutical & biotechnology company is expected to witness the highest growth due to the fact these data provide information that can be used to inform decisions, influence the course of research activities, and also allow for possible expansion of certain medicines.
North America will remain the largest region over the forecast period due to increased emphasis on population health management, a large volume of venture capital investments, and rising pressure to reduce the cost of healthcare.
Features of the Global Healthcare Data Monetization Market
- Market Size Estimates: Healthcare data monetization market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Healthcare data monetization market size by type, deployment, end use, and region in terms of value ($B).
- Regional Analysis: Healthcare data monetization market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different types, deployment, end uses, and regions for the healthcare data monetization market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the healthcare data monetization market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQs
Q1. What is the healthcare data monetization market size?Answer: The global healthcare data monetization market is expected to reach an estimated $1 billion by 2030.
Q2. What is the growth forecast for healthcare data monetization market?
Answer: The global healthcare data monetization market is expected to grow with a CAGR of 18.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the healthcare data monetization market?
Answer: The major drivers for this market are increasing demand for real-world evidence, rising awareness of the data monetization benefits and healthcare enterprises' emphasis on robust data management, and growing emphasis to reduce healthcare-related cost.
Q4. What are the major segments for healthcare data monetization market?
Answer: The future of the healthcare data monetization market looks promising with opportunities in the pharmaceutical & biotechnology company, healthcare provider, healthcare payer, and medical technology company markets.
Q5. Who are the key healthcare data monetization market companies?
Answer: Some of the key healthcare data monetization companies are as follows:
- Oracle
- Microsoft
- Salesforce
- SAS Institute
- TIBCO Software
- Sisense
Answer: The publisher forecasts that data monetization will remain the larger segment over the forecast period due to growing need for effective data management, interoperability, cost reduction and enhanced patient outcomes.
Q7. In healthcare data monetization market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to increased emphasis on population health management, a large volume of venture capital investments, and rising pressure to reduce the cost of healthcare.
Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the healthcare data monetization market by type (direct data monetization and indirect data monetization), deployment (on-premise and cloud), end use (pharmaceutical & biotechnology companies, healthcare providers, healthcare payers, medical technology companies, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global Healthcare Data Monetization Market : Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- Oracle
- Microsoft
- Salesforce
- SAS Institute
- TIBCO Software
- Sisense
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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