Allscripts Healthcare Solutions Inc (MDRX)

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Predictive Analytics In Healthcare Industry Value Will Climb Throughout the Year 2025

The global predictive analytics in healthcare market was valued at $1,806 million in 2017, and is estimated to reach $8,464 million at a CAGR of 21.2% from 2018 to 2025. Predictive analytics finds a pattern in historical and transactional data and uses it to identify risks and opportunities for future. Based on the available descriptive data, predictive analytics uses different techniques, which include machine learning, statistical techniques, and predictive modelling to evaluate and determine the probable future.

The global predictive analytics in healthcare market is segmented based on application, component, end user, and region. Based on application, it is divided into operations management, financial data analytics, population health management, and clinical. Based on component, the market is categorized into hardware, software, and service. Based on end user, the market is classified into healthcare payer, healthcare provider, and others.