Research report on “Big Data Analytics in Healthcare Market size, Industry Segment by Applications, by Type, Regional Outlook, Market Demand, Latest Trends, Big Data Analytics in Healthcare Industry Share & Revenue by Manufacturers, Company Profiles, Growth Forecasts – 2025.”
Report analyses current market size and its growth for the next 5 years and also covers Global Industry Analysis, CAGR, Share, Trends, Forecasts and Business Opportunity.
As per the study, Global Big Data Analytics in Healthcare Market is valued at approximately USD 20 billion in 2017 and is anticipated to grow with a healthy growth rate of more than 20% over the forecast period 2018-2025.
Given the huge amount of data created by the novel coronavirus, Bigdata Analytics is pushed to center-stage now. In addition, rise in the espousal of cloud analytics and need for business intelligence in health administration, demand for analytics solution to take informed decisions and digitalization happening, have also contributed to the boost in the global Big Data Analytics, in healthcare market. Bigdata analytics is used in collecting huge population/individual’s health data to analyze and cure diseases, avoid epidemic, develop new healthcare plans and benefits in increase life expectancy of patients, provide advanced patient care and to cut down health costs.
Market segments
Regional analysis is done by studying the market size of different segments (countries) of the recent years and of the forecasted values of the coming years, incorporating both qualitative and quantitative aspects of the industry in that region.
Regional segments:
- North America – leading with highest market share owing to well-developed healthcare IT infrastructure.
- Europe – market growth due to digitalization in medical procedures.
- Asia Pacific – anticipated with high CAGR, due to growth in data analytics and bigdata technology development.
- Latin America – sluggish growth due to less awareness
- and Rest of the World.
Market players included in this report are:
Cisco Systems Inc.
Cognizant
IBM Corporation
Microsoft Corporation
Oracle Corporation
SAS Institute
By Solution:
- Software
- Services
By End-User:
- Hospitals & Clinics
- Finance & Insurance Agencies
- Research Organizations
The report emphasizes on available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
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