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Title Healthcare Data Monetization Market worth $0.9 billion by 2028
URL https://www.marketsandmarketsblog.com/global-healthcare-data-monetization-market-insight-business-opportunities-revenue-gross-margin-and-forecast-2028.html
Category Fitness Health --> Health Articles
Meta Keywords Global Healthcare Data Monetization Market
Meta Description Global Healthcare Data Monetization Market, Healthcare Data Monetization Industry, Healthcare Data Monetization Market Size, Healthcare Data Monetization Growth
Owner Healthcare101
Description
The Global Healthcare Data Monetization Market in terms of revenue was estimated to be worth $0.4 billion in 2023 and is poised to reach $0.9 billion by 2028, growing at a CAGR of 18.5% from 2023 to 2028. The new research study consists of an industry trend analysis of the market. The new research study consists of industry trends, pricing analysis, patent analysis, conference and webinar materials, key stakeholders, and buying behaviour in the market. The growth of EHR adoption primarily drives the market growth, the increase in use of external data sources, the need to curtail escalating healthcare costs, increasing partnerships and collaborations among players, and growing investments in advanced analytics. Additionally, factors such rising adoption of AI in precision medicine, and the explosion in bioinformatics data and large healthcare datasets are also contributing to the market growth.