Healthcare Big Data Analytics Market to Grow at 13.6% During 2023-2028
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Significant increase in data generation in the healthcare industry majorly drives the global market. This can be attributed to the growing adoption of electronic medical and health analytical record systems across the healthcare industry. Along with this, continuous technological advancements in healthcare institutions for ensuring effective patient management and retention to deliver enhanced patient care this is providing a boost to the demand for healthcare big data analytics. Moreover, the escalating investments by key players and the governments to improve the overall healthcare infrastructure is acting as another growth-inducing factor. Besides this, the widespread utilization of big data analytics in the manufacturing of personalized medicines is also contributing to market growth.
Apart from this, the increasing adoption of big data analytics across healthcare establishments for interpreting and managing clinical data obtained from research studies, tools, technologies, and methods to acquire optimal results is impacting the market growth favorably. In addition to this, the accelerating research and development (R&D) activities conducted using big data analytics to create predictive models for producing targeted drugs and devices are propelling the market growth. Furthermore, the widespread integration of big data analytics with healthcare tools to track and analyze disease patterns, transmission, and outbreaks for enhanced public health surveillance systems is creating a positive market outlook. Some of the other factors driving the market include rapid urbanization and continual improvements in the information technology (IT) sector.
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Competitive Landscape with Key Players:
• Allscripts Healthcare, LLC
• Cerner Corporation
• International Business Machines Corporation (IBM)
• COTIVITI, INC.
• Oracle Corporation
• Health Catalyst
• Optum, Inc.
• CitiusTech Inc.
• McKesson Corporation
• MEDEANALYTICS, INC.
• SAS Institute Inc.
• SCIO Health Analytics
• Wipro Limited
• Cognizant Technology Solutions Corporation
• Siemens Healthcare Private Limited
• Hewlett-Packard Inc.
• Koninklijke Philips N.V.
• GE Healthcare
Also, Read Top Healthcare Big Data Analytics Companies Worldwide: https://www.imarcgroup.com/healthcare-big-data-analytics-companies
Breakup by Analytics Type :
• Descriptive Analytics
• Predictive Analytics
• Prescriptive Analytics
• Cognitive Analytics
Breakup by Component:
Breakup by End-User:
• Hospitals and Clinics
• Finance and Insurance Agencies
• Research Organizations
Breakup by Delivery Model:
• On-Premise Delivery Model
• On-Demand Delivery Model
Breakup by Application:
• Financial Analytics
• Clinical Analytics
• Operational Analytics
Breakup by Region:
• North America
• Asia Pacific
• Middle East and Africa
• Latin America
Key Highlights of the Report:
• Market Performance
• Market Outlook
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
NOTE: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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