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Big Data in Healthcare Market 2023 Driving Factors Forecast Research 2029

11-06-2023 07:33 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: orion market research

Big Data in Healthcare Market

Big Data in Healthcare Market

Big data in healthcare market is anticipated to grow at a significant CAGR of 15.5% during the forecast period. The rise in the number of healthcare facilities adopting big data in healthcare to generate revenues has driven the global market. Moreover, the increasing demand for Electronic Health Records (EHR) and mandatory federal norms are responsible for the increased usage of big data analytics in healthcares. The increasing demands for big data solutions for managing population health and increased demand for business intelligence to optimize healthcare operations and strategy have been contributing to the market expansion.

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In August 2023, A survey conducted by the Healthcare Information and Management Systems Society (HIMSS) and healthcare data analytics company Arcadia about the current state of healthcare analytics platforms demonstrates that less than 60 percent of health systems' data is used to inform intelligent business decisions, but stakeholders underscore the importance of data access. Every facet of patient care and operational management in the healthcare industry can benefit from the use of data analytics. Its usage can offer better clinical care, enhance illness prevention, and measure the efficacy of various treatment choices.

full report of Big Data in Healthcare Market available @ https://www.omrglobal.com/industry-reports/big-data-in-healthcare-market

• Market Coverage
• Market number available for - 2023-2029
• Base year- 2022
• Forecast period- 2023-2029
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Global Big Data in Healthcare Market Report Segment
By Deployment model
• On-Premises
• Cloud Based

By Component
• Software
• Services

By Application
• Financial Analytics
• Clinical Data Analytics
• Operational Analytics
• Population Health Analytics

Global Big Data in Healthcare Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa

The Report Covers
• Market value data analysis of 2022 and forecast to 2030.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global big data in healthcare market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/big-data-in-healthcare-market

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

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