North America Big Data Analytics in Healthcare Market Expected to Reach USD 34.16 Billion at 17.7% CAGR | Future Growth and Trends

Rise in demand for analytics solution for population health management, increase in adoption of big data in the healthcare industry, the emerging trend of eHealth, shifting preference from a pay-for-service model, which financially rewards caregivers for performing procedures, to a value-based care model, rewarding them based on the health of their patient are some of the key factors that are expected to fuel the growth of the North America big data analytics in healthcare market. However, lack of skilled & expert staff and patient data security issues are expected to hamper the growth of the market.

The North America big data analytics in healthcare market size was valued at $9.36 billion in 2017, and is projected to reach $34.16 billion by 2025, growing at a CAGR of 17.7% from 2018 to 2025.

☛ Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/5189

Key Findings of the Big Data Analytics in Healthcare Market:

➢ By component, the services segment is expected to exhibit significant growth during North America big data analytics in healthcare market forecast period.
➢ In 2017, the on-premise segment accounted for the highest revenue in the deployment type category.
➢ Based on application, the clinical analytics segment generated the highest revenue in 2017.
➢ Based on end user, the hospitals & clinics segment generated the highest revenue in 2017.
➢ Based on region, the U.S. led the North America big data analytics in healthcare market in terms of revenue in 2017.

☛ For Report Customization: https://www.alliedmarketresearch.com/request-for-customization/5189

North America big data analytics in healthcare market trends include adopting data warehouse optimization, customer analysis, fraud detection which is expected to create large number of opportunities during the forecast period. In addition, major players in this market are also enhancing their product portfolios by integrating machine learning (ML) and Artificial Intelligence (AI) technologies to make the analytics more advanced and effective. Further, big data and analytics is attracting support mostly in financial, retail and insurance industries, where there is an emphasis on engaging with the customer and understanding social perspectives of customers. Predictive analytics is emerging as a capability which permits organizations to make models that can predict customer behavior and other critical business information.

According to deployment mode, cloud deployment segment is anticipated to register highest growth rate during the forecast period owing to greater prospect to facilitate real business value to the organization through reduced cost and improved ability to focus on innovation and differentiation. In addition, direct IT control, internal data delivery & handling, faster data processing, efficient resource utilization, and cost-effectiveness of cloud deployment are some of the advantages offered by this model, which in turn are anticipated to boost the North America big data analytics in the healthcare market growth. Maintaining compliance for managing patient data, lifting legacy technology, and shifting to cloud are further contributing to the growth of cloud deployment segment in North America big data analytics in healthcare market.

☛ Buy Now & Get Exclusive Discount On This Report: https://www.alliedmarketresearch.com/request-sample/north-america-big-data-analytics-in-healthcare-market/purchase-options

Effective management of population health necessitates comprehensive patient care through cost-efficient medication processes. This, in turn, underscores the importance of integrating clinical and claims data on a unified platform for thorough data analysis. The North America big data analytics in healthcare market is poised for growth, driven by an increasing demand for enhancements in care management, early identification of illness indicators, and improvements in the hospitalization process. A key factor contributing to this growth is the prioritization of citizen health by healthcare administration, necessitating predictive analysis of population health and consequently fostering the adoption of big data analytics in the healthcare sector.

Developed nations such as the U.S. and Canada are actively leveraging big data implementation in healthcare analytics to enhance treatment procedures and clinical services. In pursuit of improved treatment outcomes at reduced costs, various government departments and healthcare agencies are directing their efforts toward the technological implementation of predictive modeling on healthcare and clinical data.

☛ Access the full summary at: https://www.alliedmarketresearch.com/north-america-big-data-analytics-in-healthcare-market

The clinical application type segment dominated the North America big data analytics in healthcare market share in 2017, and is anticipated to maintain its dominance during the forecast period owing to its applications in population health management, radiology, surgery and others. However, financial analytics segment is anticipated to witness the highest growth rate during the forecast period due to the need for preventing or detection of frauds, revenue management.

Key Market Players:

➢ Scripts
➢ Cerner
➢ Dell EMC
➢ Epic System Corporation
➢ GE Healthcare
➢ Hewlett Packard Enterprise (HPE)
➢ International Business Machines (IBM) Corporation
➢ Microsoft
➢ Optum
➢ Oracle Corporation

☛ Inquiry Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/5189

Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, Europe, or Asia.

If you have any special requirements, please let us know and we will offer you the report as per your requirements.

Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll-Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on: LinkedIn Twitter

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.

AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, researchers, and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients' requirements is complemented with analyst support and customization requests.

This release was published on openPR.