Big Data in Healthcare Market Trend by Technology and Application | Staggering CAGR of 20.69% with Leading Players by 2022

Big Data in Healthcare Market
Big Data in Healthcare Market information: by components and services (hardware, software type, others), by software deployment type (On Premise, On Demand)), by analytic service type, and by analytic service applications – Global forecast till 2022

The Global Big Data in Healthcare Market is expected to reach US$ 17,278.13 million by 2022, and the market is projected to grow at a CAGR of ~ 20.69 % during the forecast period 2015-2022.

Competitive Analysis:

Some of key players profiled in the report are

  • Cerner Corporation,
  • Cognizant,
  • Dell,
  • GE Healthcare,
  • Mckesson,
  • Optum,
  • Philips,
  • Siemens,
  • Xerox

Market Overview:

Big Data alludes to the colossal measure of organized and in addition unstructured information, which help associations to enhance their basic leadership forms. The term Big Data may appear to allude to gigantic volume of information, yet that isn’t really the case. It might likewise allude to the innovation administrations (elucidating, prescient or prescriptive) any association is using to deal with the informational collections. Unstructured information alludes to the information which does not have an institutionalized frame. Around 80% of the information in the business associations is unstructured and around 60% of the patient care data is in the unstructured configuration.

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The global big data analytics market in the healthcare sector is at $8.49 billion in 2015 and is expected to grow at a CAGR 20.69 % because of a few powers, for example, government activities, strain to check human services costs, new mechanical progression, for example, mHealth, Internet of Things (IOT), and wearables among others.

With the usage of imaginative innovations, for example, exactness medication, mHealth, and sensors in the social insurance industry, clinical examination will assume a gigantic part in the development of new types of medicines to treat with various therapeutics and give better populace and accuracy wellbeing administration.

Intended Audience

  • Global Big data in healthcare manufacturers & suppliers
  • Research and development (R&D) companies
  • Hospitals and clinics
  • Academic institutes and universities

Regional Analysis:

The Americas holds a significant market share owing to extensive use of information technology and high expenditure on the health care. Additionally, the fastest uptake of new technology and the presence and concentration of big data companies in the healthcare of the US regions drive the global big data in healthcare market.

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North America lead the global big data in healthcare market with revenue of $ 4.61 billion in 2015. Europe is the second largest market in the globe due to a high expenditure and need to curb rising healthcare costs.

Asia Pacific region is expected to grow rapidly; China and India are likely to lead the market due to unmet needs during the forecasted period. APAC is expected to grow at a higher CAGR of 24.75% than the other regions because of increasing clinical trials and ageing population in this region.

Brief TOC

1   Introduction

1.1 Definition

1.2 Scope of Study

1.2.1 Research Objective

1.2.2 Assumptions & Limitations

1.2.2.1 Assumptions

1.2.2.2 Limitations

1.3 Market Structure

2   Research Methodology

2.1 Research Process

2.2 Primary Research

2.3 Secondary Research

3   Market dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Macroeconomic Indicators

4   Market factor analysis

…Continued

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