Published on 26th January 2021 by InterEx Group
Given the rapid advancements of medical technology and the events of 2020, it’s no surprise that the healthcare business intelligence market is projected to expand substantially. The size of the healthcare BI market 5.40 billion USD in 2019 and is expected to reach 15.14 billion USD by 2027, according to a current analysis by Emergen Research.
This massive market growth is the result of a growing need for rapid decision-making solutions in the healthcare industry. Another key driver is the increasing demand for data mining applications to provide improved patient care. The rising number of patient registries is also expected to have a significant impact on the global healthcare business intelligence market. Key market participants include Microsoft, Qlik Technologies, SAP and Domo.
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