Read the story here. Advertise at Before It's News here.
Profile image
By Next Move Strategy Consulting
Contributor profile | More stories
Story Views
Last hour:
Last 24 hours:

Forecasting the $23 Billion Healthcare Business Intelligence Market by 2030

% of readers think this story is Fact. Add your two cents.

The global healthcare industry is experiencing a profound transformation, and at the forefront of this evolution is the integration of advanced technologies. Healthcare Business Intelligence (BI) has emerged as a pivotal tool in this landscape, empowering stakeholders with actionable insights and strategic decision-making capabilities.

As per the latest report published by Next Move Strategy Consulting, the global Healthcare Business Intelligence Market size is predicted to reach $23 billion by 2030, with a CAGR of 14% from 2024 to 2030.

Get a FREE Sample:

Key Market Trends and Drivers:

  1. Rising Demand for Value-Based Care: The transition from fee-for-service to value-based care models necessitate advanced analytics tools to measure and optimize healthcare outcomes, driving the adoption of BI solutions.
  2. Increasing Regulatory Compliance Requirements: Healthcare organizations are under mounting pressure to comply with stringent regulatory mandates, such as HIPAA, GDPR, and HITECH, fostering the adoption of BI platforms for data governance and regulatory reporting.
  3. Growing Focus on Population Health Management: With a growing emphasis on preventive care and population health management initiatives, healthcare providers are leveraging BI solutions to analyze population data, identify at-risk cohorts, and tailor interventions accordingly.
  4. Technological Advancements in Big Data and AI: Advancements in big data analytics, artificial intelligence (AI), and machine learning (ML) are enhancing the capabilities of Healthcare BI platforms, enabling predictive modeling, risk stratification, and personalized medicine approaches.
  5. Expanding Applications in Revenue Cycle Management: Healthcare BI solutions are increasingly being deployed for revenue cycle management (RCM) to optimize billing processes, reduce revenue leakage, and enhance financial performance.

Market Restraints:

High Cost: The high installation cost of healthcare business intelligence systems makes it difficult for small and medium-sized healthcare organizations to afford, thus restraining the growth of the market.

Market Segmentation:

By Component

  • Software
  • Services
  • Platforms

By Function

  • Online Analytical Processing OLAP and Visualization
  • Query and Reporting
  • Performance Management

By Deployment Model

  • On premise Model
  • Cloud based Model
  • Hybrid Model

By Application

  • Financial Analysis
  • Operational Analysis
  • Clinical Analysis

By End User

  • Healthcare Manufacturers
  • Healthcare Providers
  • Others

Regional Analysis

North America: The North American region holds the dominant share of the healthcare business intelligence market at present and is expected to continue its dominance during the forecast period. This is due to the presence of prominent players such as BurstIQ and others that are adopting various strategies such as acquisitions, contributing to the market growth in the region.

Asia-Pacific: The Asia-Pacific is expected to show a steady rise which is fueled by the increasing adoption of digital solutions such as telemedicine in countries such as India and others of the region. With online consultations improving accessibility, especially in rural areas, telemedicine enhances the healthcare sector and also propels the growth of the healthcare business intelligence market.

Competitive Landscape:

The global Healthcare BI market is highly competitive, with prominent players focusing on product innovation, strategic partnerships, and mergers & acquisitions to gain a competitive edge. Key market players include

  • Tableau Software
  • MicroStrategy Incorporated
  • Microsoft Corporation
  • QlikTech International AB
  • Information Builders
  • Microsoft
  • IBM
  • Oracle
  • Yellowfin BI

Inquire Before Buying:


In conclusion, the Healthcare Business Intelligence market is witnessing unprecedented growth opportunities, fueled by the increasing digitization of healthcare systems, rising demand for advanced analytics solutions, and evolving regulatory landscapes. As healthcare organizations strive to improve patient outcomes, enhance operational efficiency, and contain costs, the adoption of BI platforms is expected to become increasingly pervasive across the industry.

Also, Browse Related Reports

For more information, please contact:

Next Move Strategy Consulting

E-Mail: [email protected]

Direct: +1-217-650-7991


Follow Us: LinkedIn | Twitter | Facebook | Instagram | YouTube

About Next Move Strategy Consulting:

Next Move Strategy Consulting is a premier market research and management consulting firm that has been committed to provide strategically analysed well documented latest research reports to its clients. The research industry is flooded with many firms to choose from, what makes Next Move different from the rest is its top-quality research and the obsession of turning data into knowledge by dissecting every bit of it and providing fact-based research recommendation that is supported by information collected from over 500 million websites, paid databases, industry journals and one on one consultations with industry experts across a diverse range of industry sectors. The high-quality customized research reports with actionable insights and excellent end-to-end customer service help our clients to take critical business decisions that enables them to move beyond time and have competitive edge in the industry.

We have been servicing over 1000 customers globally that includes 90% of the Fortune 500 companies over a decade. Our analysts are constantly tracking various high growth markets and identifying hidden opportunities in each sector or the industry. We provide one of the industry’s best quality syndicate as well as custom research reports across 10 different industry verticals. We are committed to deliver high quality research solutions in accordance to your business needs. Our industry standard delivery solutions that ranges from the pre consultation to after-sales services, provide an excellent client experience and ensure right strategic decision making for businesses.

Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Lion’s Mane Mushroom Nootropic

Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, But it benefits growth of Essential Gut Flora, further enhancing your Vitality.

Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity.

Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins.

Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system.

Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome.

Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function.

Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.

Report abuse


    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    Load more ...




    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.