Big Data in Healthcare Market Size – USD 19.93 Billion in 2019, Market Growth – CAGR of 19.6%
VANCOUER, BC, CANADA, April 12, 2022 /EINPresswire.com/ — The report provides an in-depth investigation of the global big data in healthcare market, primarily focusing on each segment and sub-segment of the big data market in Healthcare . The market forecast included in the report is compiled by our team of experts and is of great significance as it provides in-depth insights into various crucial industry parameters. Data is collected from primary and secondary sources and can be backed up by business experts. The firm maintains professional business relationships with a number of companies, as well as a strategic alliance with independent specialists around the world.
According to current analysis by Emergen Research, the global market for big data in healthcare is expected to be worth $78.03 billion by 2027. Rising cost of healthcare, rising chronic disease, growing geriatric population and lower reimbursement costs will propel demand in the market. Health sectors are under immense pressure to focus on investments that improve the management of resources and results. Deployment of analytics tools, artificial intelligence and machine learning techniques on the increasing amount of data for increasing revenue, reducing healthcare costs and personalized medicine, which will propel the market demand.
An increase in the adoption of healthcare information systems promoting the use of electronic health records (EHRs) to create a more collaborative research environment will play a significant role in the growth of big data in the healthcare market. health. Additionally, the presence of unstructured data in the healthcare industry is expected to drive big data in the healthcare market.
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Some key highlights of the report:
The software segment held the largest share owing to the growing need for electronic patient data analysis which is increasing at a rapid rate. By leveraging the right software tools, big data is propelling the movement towards value-based healthcare, which opens the door to innovative advancements while reducing costs.
Availability is very crucial in the healthcare industry, and they cannot afford to see the system go down, which will propel the demand for the on-premises segment. On-site storage does not require a wireless internet connection to collect medical data, which makes it less risky.
Predictive analytics helps estimate future outcomes based on past patterns. This allows clinicians to stay one step ahead and make an informed choice on how to move forward. It is extremely useful in surgery, surgery, intensive care or emergency care, where a patient’s life may depend on a quick reaction time.
Major participants include Cerner Corporation, GE Healthcare, IBM Corporation, Allscripts, DELL EMC, Microsoft Corporation, Optum Inc., Oracle Corporation, Cognizant, and Mckesson, among others.
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The report provides sophisticated insightful data analysis of the Big Data in Healthcare Market industry that has been formulated based on extensive primary and secondary research. The details were then validated and verified by industry experts. The precise data provided by the report offers fruitful insights into the sales strategies to enhance the market performance.
Objectives of the Global Big Data in Healthcare Market Research:
An in-depth study of the product portfolios of major market players and their regional presence
A closer look at strategic initiatives undertaken by leading companies in this sector, including mergers and acquisitions, collaborations, partnerships and joint ventures
An in-depth study of evolving market sectors and the growth and penetration status of the global Big Data in Healthcare market
COVID-19 impact analysis to highlight key opportunities and challenges
Strategic recommendations to help readers formulate lucrative business strategies
Identification of emerging players and their tactical approaches to expand their presence in the market
For the purposes of this report, Emergen Research has segmented the global big data in healthcare market based on component, deployment, type of analysis, application, end-user, and region:
Components Outlook (Revenue, USD Billion; 2017-2027)
Deployment Outlook (Revenue, USD Billion; 2017-2027)
On the site
Analytics Type Outlook (Revenue, USD Billion; 2017-2027)
Application Outlook (Revenue, USD Billion; 2017-2027)
End User Outlook (Revenue, USD Billion; 2017-2027)
Hospitals and Clinics
Finance and insurance officers
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The global big data in healthcare market has been categorized into the following geographic segments:
North America (United States, Canada, Mexico)
Europe (UK, Italy, Germany, France, Rest of EU)
Asia-Pacific (India, Japan, China, South Korea, Australia, rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa, Rest of MEA)
Some of the key issues discussed in the report:
What are the most popular market segments?
What are the business risks and implications of the current scenario for market growth and forecast?
Who are the major market players and how do they handle a variety of issues?
Chapter 1. Methodology and sources
Chapter 2. Executive Summary
Chapter 3. Key Information
Chapter 4. Global Big Data in Healthcare Market Segmentation and Impact Analysis
Chapter 5. Big Data in Healthcare Market by Type, Outlook and Trends, Revenue (Million USD)
Chapter 6. Big Data in Healthcare Market by Application and Trends, Revenue (Million USD)
Chapter 7. Big Data in Healthcare Market by End-Use Insights and Trends, Revenue (Million USD)
Chapter 8. Regional Outlook of Big Data in Healthcare Market
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Emergen research is a market research and consulting firm that provides syndicated research reports, custom research reports, and consulting services. Our solutions are uniquely focused on your goal of locating, targeting and analyzing changes in consumer behavior across demographics, across industries and helping customers make a smarter business decision. We offer market intelligence research ensuring relevant and factual research across multiple sectors including healthcare, technology, chemicals, types and energy. We are constantly updating our search offerings to ensure that our clients are aware of the latest trends existing in the market.