How Data Analytics is Transforming Healthcare

In addition, organizations are investing vast sums in analytics technology. Market researchers say that the global healthcare analytics market will likely be worth $39.7 billion in 2022 and is increasing at a 19% compound annual growth rate (CAGR).

Similarly, a Huron Consulting Group report titled “Embracing Healthcare’s Digital Transformation” found that nearly half of healthcare leaders surveyed (47%) are looking to data management and analytical decision making to help their organizations grow.