India Healthcare Analytics Market to Grow with a CAGR of 25.01% through 2030
Investments by the healthcare industry into the IT development & digitization is expected to drive the India Healthcare Analytics Market growth in the forecast period, 2026-2030
According to TechSci Research report, “India
Healthcare Analytics Market - By Region, Competition
Forecast & Opportunities, 2030F”, the India Healthcare Analytics Market
stood at USD 640.28 Million in 2024 and is anticipated to grow with a
CAGR of 25.01% in the forecast period, 2026-2030.
India’s healthcare analytics market is experiencing rapid growth, driven by several key factors. A growing population and the demand for efficient, cost-effective healthcare services underscore the need for analytics solutions. The increasing digitization of healthcare records and the advent of big data have created a wealth of information that can be harnessed to derive actionable insights. Government initiatives promoting digital transformation and the integration of artificial intelligence (AI) into healthcare further accelerate market expansion. Additionally, the rising prevalence of chronic diseases has intensified the demand for predictive analytics to support early diagnosis and effective treatment.
Analytics plays a transformative role across various dimensions of the healthcare sector. Predictive analytics allows providers to forecast disease outbreaks, identify high-risk patients, and personalize treatment plans. Prescriptive analytics offers evidence-based recommendations for optimizing interventions and improving patient outcomes. Descriptive analytics delivers insights into healthcare utilization, trends, and cost management, enabling data-driven decision-making.
The growth of healthcare analytics in India is also fueled by the need to enhance patient outcomes, boost operational efficiency, and reduce overall healthcare costs. By leveraging analytics, healthcare organizations can identify inefficiencies, streamline processes, and optimize resource allocation. These advancements not only improve patient care but also contribute to substantial cost savings within the healthcare ecosystem.
India’s healthcare analytics market is marked by a dynamic mix of participants, ranging from innovative startups harnessing cutting-edge technologies to established IT and healthcare firms delivering tailored solutions. These players are addressing the unique challenges of the Indian healthcare system by offering analytics tools that enhance patient care, improve hospital management, and drive operational excellence.
The future of healthcare analytics in India is promising, with continued growth driven by digital integration, data-centric decision-making, and a focus on achieving superior healthcare outcomes. Analytics is set to play a pivotal role in transforming the healthcare landscape, enabling providers to unlock critical insights, deliver optimized care, and achieve better results for patients. As adoption accelerates, the healthcare analytics market is poised to benefit millions across the country, setting a benchmark for innovation and efficiency in healthcare delivery.
Browse over XX market data Figures
spread through XX Pages and an in-depth TOC on "India Healthcare Analytics Market”
The India Healthcare Analytics Market is
segmented into component, deployment mode, type, application, end user,
regional distribution, and company.
Based on type, Descriptive Analytics segment dominate the India Healthcare Analytics Market during the forecast period. This segment's leadership is driven by its foundational role in healthcare analytics, providing stakeholders with insights into historical data and trends. Descriptive analytics helps healthcare providers and administrators analyze past healthcare trends, patient demographics, and service utilization patterns. In a rapidly digitizing healthcare environment, its ability to turn vast amounts of raw data into actionable insights has made it indispensable for performance monitoring, resource allocation, and cost optimization. Hospitals and clinics use descriptive analytics to evaluate patient admissions, analyze disease prevalence, and identify bottlenecks in healthcare delivery. It also plays a pivotal role in financial reporting and operational management, ensuring efficient use of resources. While descriptive analytics provides critical insights, its backward-looking approach limits its ability to address future challenges proactively. However, as organizations build their data infrastructure, this segment continues to thrive as the first step in analytics adoption.
Major companies operating in India
Healthcare Analytics Market are:
·
Allscripts Healthcare Solutions Inc
·
Oracle Cerner Healthcare Solutions Private Limited
·
CitiusTech Inc
·
IBM India Private Limited
·
Philips India Limited
·
CVS Health
·
India Medtronic Private Limited
·
Cotiviti Inc
·
Wipro Limited
·
Optum Global Solutions India Pvt. Ltd.
Download Free Sample Report
Customers can also request for 10% free
customization on this report
“The future of the healthcare analytics
market in India is expected to witness significant growth in the coming years. The
increasing digitalization of healthcare systems has led to the generation of
vast amounts of healthcare data, creating opportunities for analytics-driven
insights and decision-making. Moreover, advancements in predictive analytics
and artificial intelligence (AI) are revolutionizing the healthcare industry.
By leveraging AI algorithms and predictive models, healthcare professionals can
make more accurate and timely decisions, leading to improved patient care and
reduced healthcare costs”, said Mr. Karan Chechi, Research Director, TechSci
Research, a research-based management consulting firm.
“India Healthcare Analytics Market By Component (Hardware, Software, Services), By Deployment Mode (On-premise, Cloud), By Type (Predictive Analytics, Prescriptive Analytics, Descriptive Analytics), By Application (Financial Analysis, Operational & Administrative Analysis, Clinical Analysis, Population Health Analysis), By End User (Healthcare Payers, Healthcare Providers, Third Party Administrators, Others), By Region, Competition, Forecast & Opportunities, 2020-2030F”, has
evaluated the future growth potential of India Healthcare Analytics Market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in India Healthcare Analytics Market.
Contact
TechSci Research LLC
420 Lexington Avenue, Suite 300,
New York, United States- 10170
Tel: +1-332-258-6602
Email: [email protected]
Website: www.techsciresearch.com