Global Healthcare Predictive Analytics Market: Regional Insights
Based on geography, the global healthcare predictive analytics market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Among regions, North America is expected to witness robust growth in the global healthcare predictive analytics market over the forecast period owing to the increasing number of chronic disease cases and increase in adoption of healthcare predictive analytics solutions in the region. For instance, predictive analytics helps find out the likelihood of individuals developing certain medical conditions. According to the U.S. Centers for Disease Control and Prevention (CDC), chronic diseases are the leading causes of death and disability in the United States.
Asia Pacific is also expected to witness significant growth in the global healthcare predictive analytics market due to the increase in prevalence of chronic diseases and increase in adoption of healthcare IT solutions in the region. For instance, two in every three senior citizens in India suffer from some chronic disease, according to the Longitudinal Ageing Study in India (LASI) released by the Union Ministry of Family and Health Welfare in January 2020. This in turn is expected to increase the use of healthcare predictive analytics solutions in the region.
Global Healthcare Predictive Analytics Market Share (%), by Region, 2022
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