Europe Healthcare Analytics Market Forecast 2022-2030
KEY FINDINGS
The Europe healthcare analytics market is predicted to develop with a CAGR of 24.93% during the estimated period of 2022 to 2030. The market growth of the region is reinforced by the increasing use of big data and cloud technology within the healthcare sector, the surge in chronic conditions, the growing adoption of telehealth services owing to the COVID-19 pandemic, and the accelerating use of digital healthcare solutions.
MARKET INSIGHTS
The Europe healthcare analytics market growth study covers the analysis of the United Kingdom, Russia, Italy, France, Germany, Nordic Countries, Spain, and Rest of Europe. In 2020, the French government established the national health strategy, allocating budgeted expenditures for regional health agencies. Moreover, the health insurance system is mandatory in the country. It covers the majority of health-associated expenditures like physician, hospital, and long-term care, in addition to prescription drugs, among others.
In Italy, the government establishes efforts and undertakes initiatives for strengthening the country’s healthcare analytics system. For instance, the country’s government signed an agreement for the implementation of digital health services within the healthcare sector in the year 2020. The guideline also represents the execution of telemedicine services. Furthermore, the Italian government encourages the development of Electronic Health Record (EHR), Electronic Medical Record (CCE), as well as other healthcare analytics. Therefore, the abovementioned factors are set to augment the healthcare analytics market growth in Europe across the projected period.
COMPETITIVE INSIGHTS
Some of the eminent companies operating in the market are Elsevier, Allscripts Healthcare Solutions Inc, IBM Corporation, Oracle, etc.
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