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Health IT Startups Take Note: The Healthcare Analytics Market Is Seeing Double-digit Growth

November 30, 2012
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Exactly one year ago today, MedCity News published an article with the headline, “5 Companies Using Big Data to Solve Healthcare Problems.” Five? Just five? Today, a new research report from MarketsandMarkets pegs the value of the healthcare analytics market at $3.7 billion and forecasts it will grow nearly 24 percent annually for the next five years, making it worth $10.8 billion by 2017. And that market is full of more startups than we could possibly compile in a timely fashion. Healthcare payers and providers are using data-driven, evidence-based decision-making as a way to differentiate themselves. They’re using descriptive, predictive...

 

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