openPR Logo
Press release

Big Data in Healthcare Market expected to Witness Huge Revenue Growth to 2031

02-13-2024 08:21 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Insightace analytic

Big Data in Healthcare Market expected to Witness Huge Revenue

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Big Data in Healthcare Market - Components and Services (hardware (data servers and storage, servers, and networking), software (electronic health records, practice management software, revenue cycle management software, and workforce management software), and analytical services (descriptive analytics, prescriptive analytics, and predictive analytics)), Application (clinical data analytics (quality care, clinical decision support, population health management, precision medicine, and reporting compliance), financial analytics (claims processing, revenue cycle management software, and risk assessment), and operational analytics (workforce analytics and supply chain analytics)), Trends, Industry Competition Analysis, Revenue and Forecast To 2031."

The Big Data in Healthcare Market Size is valued at 25.23 Billion in 2022 and is predicted to reach 98.64 Billion by the year 2031 at a 16.5 % CAGR during the forecast period for 2023-2031.

Request for Free Sample Pages: https://www.insightaceanalytic.com/request-sample/1215

Modern technologies are required to discover disease treatment solutions and expand clinical knowledge. Big data techniques in healthcare analyze vast clinical databases and assist organizations in making clinical and business decisions. Adopting various big data solutions can facilitate the analysis and management of healthcare data.

Multiple factors, such as the increasing government initiatives to develop healthcare facilities, advances in medical and digital technologies, the adoption of mobile healthcare applications, and the rising prevalence of chronic diseases, are anticipated to drive market growth over the forecast period. In addition, rising healthcare expenditures, rising adoption of cloud-based healthcare applications, and rising government funding for technological implementations in the healthcare sector are anticipated to create lucrative opportunities over the forecast period.

Healthcare organizations have begun employing digital, cloud-based solutions to enhance the management, comprehension, and analysis of clinical and life science data, which is anticipated to increase the demand for big data in healthcare in the coming years. On the other hand, costly big data techniques, a lack of skilled labor, and data privacy and security concerns may hinder the market's growth in the coming years.

Enquiry Before Buying: https://www.insightaceanalytic.com/enquiry-before-buying/1215

Regionally, North America held a substantial market share in 2021 and is anticipated to dominate the big data in healthcare market in the coming years (2022-2030) due to rising healthcare expenditures and the rapid adoption of digital technologies by healthcare companies. Due to the growing demand for medical data management tools and the increasing innovation of cloud-based, AI-based tools and platforms for healthcare data management by pharmaceutical and information technology companies, Asia-Pacific is expected to experience significant growth over the next few years.

Key market players operating in the big data in healthcare market include Allscripts Healthcare Solutions, Inc., Cognization Technology Solutions Corporation, Cerner Corporation, Computer Programs and Systems, Aetna, Inc., DELL, Epic Systems, eClinicalWorks, GE Healthcare, Health Catalyst, IBM Corporation, Siemens Healthineers, Xerox Holdings Corporation, Oracle Corporation, McKesson Corporation, MedeAnalytics, Inc., Optum, Philips Healthcare, Tableau Software, Inc., Premier, Inc., SAP ERP, SAS, among others.

Key developments in the market:
• In January 2022, PINC AI, the technology and services platform of Premier, Inc, launched INsights, an enhanced self-service healthcare solution to create customized, on-demand analytics.
• In December 2021, Oracle Corp. acquired medical-records systems provider Cerner Corp. for about $28.3 billion to add a broad customer base in the healthcare industry to bolster the software maker's cloud-computing and database businesses.
• In July 2021, Royal Philips, a global leader in health technology, collaborated with Cognizant, a world-leading professional services firm, to develop end-to-end digital health solutions. This collaboration enables healthcare organizations and life sciences companies to improve patient care and accelerate clinical trials.
• In March 2021, Health Catalyst, Inc., a provider of data and analytics technology and services to healthcare organizations, launched the new Healthcare.AI. It was created to deliver augmented intelligence (AI) products and services to the healthcare industry.
• In January 2018, Allscripts acquired Practice Fusion, a health IT vendor offering cloud-based EHR and data analytics tools for life science companies.

Get Specific Chapter/Information From The Report: https://www.insightaceanalytic.com/customisation/1215

Market Segments
Global Big Data in Healthcare Market Analysis, by Components and Services 2022-2030 (Value US$ Mn)
• Hardware
o Data and Storage
o Servers
o Networking
• Software
o Electronic Health Records
o Practice Management Software
o Revenue Cycle Management Software
o Workforce Management Software
• Analytics Services
o Descriptive Analytics
o Predictive Analytics
o Prescriptive Analytics
Global Big Data in Healthcare Market Analysis, by Application, 2022-2030 (Value US$ Mn)
• Clinical Data Analytics
o Quality Care
o Population Health Management
o Clinical Decision Support
o Precision Medicine
o Reporting Compliance
• Financial Analytics
o Claims Processing
o Revenue Cycle Management Software
o Risk Assessment
• Operational Analytics
o Workforce Analytics
o Supply Chain Analytics
Global Big Data in Healthcare Market Analysis, by Delivery Model, 2022-2030 (Value US$ Mn)
• Cloud
• On-Demand
Global Big Data in Healthcare Market Analysis, by Healthcare Vertical, 2022-2030 (Value US$ Mn)
• Pharmaceutical
• Medical Devices
• Healthcare Services
• Other Verticals
Global Big Data in Healthcare Market Analysis, by Region, 2022-2030 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Big Data in Healthcare Market Analysis, by Country, 2022-2030 (Value US$ Mn)
• U.S.
• Canada
Europe Big Data in Healthcare Market Analysis, by Country, 2022-2030 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Big Data in Healthcare Market, by Country, 2022-2030 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Big Data in Healthcare Market Analysis, by Country, 2022-2030 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa Big Data in Healthcare Market Analysis, by Country, 2022-2030 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa

Why should buy this report:
> To receive a comprehensive analysis for the global big data in healthcare market
> To receive an industry key insights and future trends of the big data in healthcare market
> To analyze the big data in healthcare industry drivers and challenges
> To get information on the big data in healthcare market size (Value US$ Mn) forecast to 2030
> Significant investments, mergers & acquisitions in the big data in healthcare market industry

For More Information: https://www.insightaceanalytic.com/report/global-big-data-in-healthcare-market-/1215


Other Related Reports Published by InsightAce Analytic:
Global Clinical Trial Imaging Services Market
Global Clinical Trials Software Market
Global AI-Based Clinical Trial Solution Providers Market
Global Site Management Organizations (SMO) Market

Corporate Office :
Office No.5170, 5th Floor Marvel Fuego, Magarpatta Rd, Pune, 411028
loaction icon
Sales Office (U.S.) :
344 Grove St Unit #967 Jersey City, NJ 07302
email iconinfo@insightaceanalytic.com
call icon
North America:
+1 551 226 6109
Asia:
+91 79 72967118

Contact Us:
Dhanraj Zurange
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 551 226 6109
Asia: +91 79 72967118
Follow Us on LinkedIn @ bit.ly/2tBXsgS
Follow Us On Facebook @ bit.ly/2H9jnDZ

About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Big Data in Healthcare Market expected to Witness Huge Revenue Growth to 2031 here

News-ID: 3382283 • Views:

More Releases from Insightace analytic

Digital Pathology Market Report- Expansive Coverage on the Profit Sources
Digital Pathology Market Report- Expansive Coverage on the Profit Sources
InsightAce Analytic announces the release of a market assessment report on the "Global Digital Pathology Market Size, Share & Trends Analysis Report By Product (Artificial Intelligence, Scanner, Software, Storage), Type (Human, Veterinary), Application (Teleconsultation, Training, Disease Diagnosis, Drug Discovery), End User (Pharma, Academia, Hospitals)- Market Outlook And Industry Analysis 2031" The global digital pathology market is estimated to reach over USD 2731.95 million by 2031, exhibiting a CAGR of 12.91%
Digital Health Market Future Trends and Scope Analysis Report
Digital Health Market Future Trends and Scope Analysis Report
Digital Health Market Size, Share & Trends Analysis Report By Technology (Tele-healthcare, mHealth, Healthcare Analytics, Digital Health Systems), By Component (Software, Hardware, Services), By Region, And Segment Forecasts, 2024-2031 "Digital Health Market" in terms of revenue was estimated to be worth $248.58 billion in 2023 and is poised to reach $1,004.03 billion by 2031, growing at a CAGR of 19.56% from 2023 to 2031, according to a new report by
Digital Diabetes Management Market Report on the Untapped Growth Opportunities in the Industry
Digital Diabetes Management Market Report on the Untapped Growth Opportunities i …
InsightAce Analytic announces the release of a market assessment report on the "Global Digital Diabetes Management Market - (By Devices (Smart Glucose Meters, Continuous Glucose Monitoring Systems, And Smart Insulin Pens, Smart Insulin Pumps/ Closed-Loop Pumps & Smart Insulin Patches), Application (Diabetes & Blood Glucose Tracking Apps, Obesity & Diet Management Apps), Data Management Software & Platforms And Services), By Device Type (Handheld And Wearable Devices), By End-User(Self/Home Healthcare, Hospitals
Data Center Liquid Cooling Market Exclusive Trends Analysis with Forecast to 2031
Data Center Liquid Cooling Market Exclusive Trends Analysis with Forecast to 203 …
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Data Center Liquid Cooling Market Size, Share & Trends Analysis Report By End-User Industry (Financial Services And Insurance (BFSI), Banking, IT And Telecom, Government And Public Sector, Manufacturing, Healthcare, Retail), Data Center (Hyperscale, Colocation, Enterprise) And Solution (Indirect & Direct Cooling)- Market Outlook And Industry Analysis 2031" The Global Data Center Liquid Cooling Market is estimated

All 5 Releases


More Releases for Health

Digital Therapeutics Market Research 2025 Leading Key Players - Proteus Digital …
An exclusive Digital Therapeutics Market research report created through broad primary research (inputs from industry experts, companies, and stakeholders) and secondary research, the report aims to present the analysis of Global Digital Therapeutics Market by Type, By Application, By Region - North America, Europe, South America, Asia-Pacific, Middle East and Africa. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report
Digital Therapeutics Market Outlook 2025 : Proteus Digital Health, Omada Health, …
ReportsWeb.com has announced the addition of the “Global Digital Therapeutics Market Size, Status and Forecast 2025” The report focuses on major leading players with information such as company profiles, product picture and specification. This report studies the global Digital Therapeutics market, analyzes and researches the Digital Therapeutics development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market,
Digital Therapeutics Market Outlook to 2025 - Propeller Health, CANARY HEALTH, N …
The global digital therapeutics market is segmented on the basis of application, distribution channel, and geography. The application segment includes, respiratory diseases, central nervous system disease, smoking cessation, medication adherence, cardiovascular diseases, musculoskeletal diseases, and other applications. Based on distribution channel, the digital therapeutics market is segmented as, B2B and B2C. Digital therapeutics, a subset of digital health, is a health discipline and treatment option that utilizes a digital and
Digital Therapeutics Market Analysis 2018 | Growth by Top Companies: Proteus Dig …
Global Digital Therapeutics Market to 2025 This report "Digital Therapeutics Market Analysis to 2025" provides an in-depth insight of medical device industry covering all important parameters including development trends, challenges, opportunities, key manufacturers and competitive analysis. Digital therapeutics, a subset of digital health, is a health discipline and treatment option that utilizes a digital and often online health technologies to treat a medical or psychological condition. The treatment relies on behavioral and
Digital Therapeutics Market 2018 Global Key Player Analysis - Omada Health, Twin …
New Intelligence Report on “Digital Therapeutics Market to 2025” is recently published by The Insight Partners. The report aims to provide leading industry players with information such as company profiles, products and services offered, financial information of last 3 yesars, key development in past five years North America is estimated to contribute to the largest share in the digital therapeutics market in the coming years, owing to factors such as, improved
Digital Therapeutics Market Global Outlook to 2025 - Proteus Digital Health, Wel …
“Digital Therapeutics Market" covers a detailed research on the industry with financial analysis of the major players. The report provides key information and detailed study relating to the industry along with the Economic Impact and Regulatory and Market Support. The report examines the industry synopsis, strategic investments, Industry Surveys, Economic Impact, etc. The market of digital therapeutics market is anticipated to grow with a significant rate in the coming years, owing