Job Outlook

What is the Job Outlook for Health Care Analytics?

The burgeoning prevalence of big data and recent strides in AI technologies have exerted a positive impact on the expansion of the health care analytics market. As per the Market Analysis Report compiled by Grand View Research (Grand View Research 2021), the health care analytics market attained a valuation of USD 12.2 billion in 2021 and is projected to experience a compound annual growth rate (CAGR) of 19.2% from 2023 to 2030. Despite these advancements, Global Market Insights (2022) identifies a shortage of skilled professionals in the healthcare sector capable of smoothly adopting novel technologies such as big data analytics, machine learning, AI, and management information systems. The lack of technical and statistical expertise among these professionals emerges as a key impediment to market growth.