Press release
Big Data in the Healthcare & Pharmaceutical Market In Depth Analysis by Key Players - Samsung Group, Salesforce.com, Red Hat, Adobe Systems, Facebook, Google, Huawei, Western Digital Corporation
Big Data originally emerged as a term to describe datasets whose size is beyond the ability of traditional databases to capture, store, manage and analyze. However, the scope of the term has significantly expanded over the years. Big Data not only refers to the data itself but also a set of technologies that capture, store, manage and analyze large and variable collections of data, to solve complex problems.
Our Experts estimates that investments in the Big Data in the Healthcare & Pharmaceutical market will account for nearly $4.7 Billion in 2018 alone. Led by a plethora of business opportunities for healthcare providers, insurers, payers, government agencies, pharmaceutical companies and other stakeholders, these investments are further expected to grow at a CAGR of approximately 12% over the next three years.
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Top Market Driving Companies mentioned in this Big Data in the Healthcare & Pharmaceutical market report includes –
Datawatch Corporation, Linux Foundation, Samsung Group, Salesforce.com, Red Hat, Adobe Systems, Facebook, Google, Huawei, Western Digital Corporation, Zendesk, VMware, Teradata Corporation and Others
The Big Data in the Healthcare & Pharmaceutical market report also presents market size forecasts for Big Data hardware, software and professional services investments from 2018 through to 2030. The forecasts are segmented for 8 horizontal submarkets, 5 application areas, 37 use cases, 6 regions and 35 countries.
The Big Data in the Healthcare & Pharmaceutical market report has the following key findings:
In 2018, Big Data vendors will pocket nearly $4.7 Billion from hardware, software and professional services revenues in the healthcare and pharmaceutical industry. These investments are further expected to grow at a CAGR of approximately 12% over the next three years, eventually accounting for more than $7 Billion by the end of 2021.
Big Data and advanced analytics are driving a paradigm shift in the healthcare and pharmaceutical industry with multiple innovations ranging from precision medicine and digital therapeutics to the adoption of accountable and value-based care models.
Regional Markets Covered in Big Data in the Healthcare & Pharmaceutical market Report –
Asia Pacific
Eastern Europe
Latin & Central America
Middle East & Africa
North America
Western Europe
Drug developers are making substantial investments in Big Data and artificial intelligence-driven drug discovery platforms to shorten the process of successfully discovering promising compounds. In addition, Big Data technologies are increasingly being utilized to streamline clinical trials, enabling biopharmaceutical companies to significantly lower costs and accelerate productive trials. mortality rates for conditions such as heart failure, and a reduction in the occurrence of hospital acquired and surgical site infections by nearly 60%.
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The report covers the following topics:
Big Data ecosystem
Market drivers and barriers
Enabling technologies, standardization and regulatory initiatives
Big Data analytics and implementation models
Business case, application areas and use cases in the healthcare and pharmaceutical industry
Over 40 case studies of Big Data investments by healthcare providers, insurers, payers, pharmaceutical companies and other stakeholders
Future roadmap and value chain
Profiles and strategies of over 270 leading and emerging Big Data ecosystem players
Strategic recommendations for Big Data vendors, and healthcare and pharmaceutical industry stakeholders
Market analysis and forecasts from 2018 till 2030
Key Questions Answered:
The report provides answers to the following key questions:
How big is the Big Data opportunity in the healthcare and pharmaceutical industry?
How is the market evolving by segment and region?
What will the market size be in 2021, and at what rate will it grow?
What trends, challenges and barriers are influencing its growth?
Who are the key Big Data software, hardware and services vendors, and what are their strategies?
How much are healthcare providers, insurers, payers, pharmaceutical companies and other stakeholders investing in Big Data?
What opportunities exist for Big Data analytics in the healthcare and pharmaceutical industry?
Which countries, application areas and use cases will see the highest percentage of Big Data investments in the healthcare and pharmaceutical industry?
Browse the full Report at: http://www.orbisresearch.com/reports/index/big-data-in-the-healthcare-and-pharmaceutical-industry-2018-2030-opportunities-challenges-strategies-and-forecasts?utm_source=sru
The report also presents market size forecasts for Big Data hardware, software and professional services investments from 2018 through to 2030
About Us:
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.
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