Report ID: UCMIG35G2179
Report ID:
UCMIG35G2179 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
In 2023, the global healthcare data monetization market was valued at approximately $0.4 billion, and it is projected to expand to $0.9 billion by 2028, exhibiting a compound annual growth rate (CAGR) of 18.5% during this period. The latest research report focuses on analyzing industry trends within this market. The main drivers behind this growth include the widespread adoption of Electronic Health Records (EHR), a rise in partnerships and collaborations among market participants, and increased investments in advanced analytics.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Technology by segment aggregation, the contribution of the Health Care Technology in Health Care Equipment & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG35G2179