Big data in Healthcare Market Size, Growth and Share Analysis by components and services (hardware, software type), Software Deployment Type (On Premise, On Demand)), Analytic service type, and analytic service applications – Global forecast till 2022
Big Data in Healthcare Market Analysis
The Big Data in Healthcare Market size is predicted to touch USD 17,278.13 million at a 20.69% CAGR between 2015- 2022, as per Market Research Future’s new report. Big data, simply put, is the digitalization of the healthcare data. It is widely used in the healthcare sector to keep track of heaps of data, which is generated from various healthcare processes like medical imaging, clinical data, pharmacy, clinical decision support systems, insurance, and other types of administrative records.
Request Free Sample Copy at: https://www.marketresearchfuture.com/sample_request/948
Various factors are propelling the growth of big data in healthcare market. Such factors which support the huge big data spending in the healthcare market, as per the latest report by MRFR include increasing use by pharmaceutical & biotechnological companies especially for product cross-selling, advancement in technology, need to cut down healthcare costs, augment patient outcomes and resource management, deployment of cloud, governments & healthcare agencies focusing on the implantation of big data in healthcare to reduce costs & offer cost-effective treatment, increasing use for medical procedures turning digital, financial risk management, and regulatory compliance management. Meanwhile, the growth of global big data analytics in healthcare market stems from the requirement for analysis, management, and integration of huge volumes of data.
On the flip side, security concerns, data privacy issues, and strict protocols may impede the growth of the big data healthcare market during the forecast period.
Big Data in Healthcare Market Scope of the Report
The report offers an analysis of various parameters of the big data in healthcare market. The market has been segmented based on analytical service types, hardware, software, and analytical service applications. It also sheds light on the market size, market share, market trends, and regional segmentation.
Big Data in Healthcare Market Segmentation
The big data in healthcare market is segmented on the basis of analytical service types, hardware, software, and analytical service applications.
On the basis of hardware, the big data in healthcare market is segmented into firewalls, routers, access points, data storage, email servers, and VPNs.
On the basis of software, the big data in healthcare market is segmented into EHR, practice management, revenue cycle management, and workforce management.
On the basis of analytical service types, the market has been segmented into prescriptive, descriptive, and predictive.
On the basis of analytical service applications, the market is segmented into operational analysis, clinical analysis, and financial analysis.
Big Data in Healthcare Market Regional Analysis
Geographically, the big data in healthcare market has been segmented into Europe, North America, the Middle East & Africa, and the Asia Pacific (APAC). Among these, the Americas is likely to spearhead the market over the forecast period. The concentration of leading players, extensive usage of IT, rising use of new technologies, and rising investment on healthcare are adding to the growth of the market in the region.
In Europe, the big data in healthcare market will hold the second-largest share over the forecast period. Increased spending on healthcare is adding to the growth of the market in the region.
Browse Detailed TOC with COVID-19 Impact Analysis at: https://www.marketresearchfuture.com/reports/global-big-data-healthcare-market-948
In the APAC region, the big data in healthcare market will grow at a fast pace over the forecast period. Increasing use of new & innovative technologies coupled with more focus on healthcare is adding to the growth of the market in the region.
In the MEA, the big data in healthcare market is likely to have notable growth over the forecast period. The market in the African region will have a small share for weak economic conditions & slow development of the healthcare industry. In the East region, the Gulf nations are adding to the growth of the market.
Big Data in Healthcare Market Key Players
Cerner Corporation, Xerox, Philips, Mckesson, Cognizant, Optum, GE Healthcare, Siemens, and Dell, among others, are the notable players profiled in the big data in healthcare market.
Browse More Healthcare Research Reports at:
Healthcare Predictive Analytics Market: Healthcare predictive analytics market size can fetch a 29.3% CAGR during the forecast period covering a time frame of 2018-2023.
Digital Health Market: Global digital health market size is touted to reach USD 328,887.8 million by 2025. It is expected to score a CAGR of 26.30% during the assessment period.
NOTE: Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients.
Market Research Future
+1 646 845 9312