Healthcare Big Data Analytics Market Trends Analysis, Growth Rate, Key Players Share, Size, and Forecast Report 2023-2028

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Healthcare Big Data Analytics Market Report
The global Healthcare Big Data Analytics Market is majorly driven by the increasing healthcare data volume due to the shifting healthcare reimbursement models.

Industry Overview:

IMARC Group, a leading market research company, has recently releases report titled, “Healthcare Big Data Analytics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” The study provides a detailed analysis of the industry, including the global healthcare big data analytics market trends, share, size, growth, and forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights     
                                                      

How big is the Healthcare Big Data Analytics Market?

Report Attributes

Details

Market Size in 2022

US$ 36.8 Billion

Market Forecast in 2028

US$ 80.8 Billion

Growth rate (2023 to 2028)

CAGR of 13.6%

Base Year of the Analysis

2022

Forecast Period

2023-2028

 

What is Healthcare Big Data Analytics?

Healthcare big data analytics helps to analyze large datasets from several patients, identify clusters and correlations between datasets, and develop predictive models using data mining techniques. It incorporates analysis of several scientific areas, such as bioinformatics, medical imaging, sensor informatics, medical informatics, and health informatics. It assists organizations in making informed clinical and business decisions. It entails the usage of expansive and intricate heterogeneous datasets, such as electronic health records, biomedical data, and numerous omics datasets. It is utilized to enhance predictive care monitoring and advanced process-oriented expenditure. It is employed in clinical delivery, personalized medicine, and improving operational efficiency. 


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What are the growth prospects and trends in the Healthcare Big Data Analytics industry?

The global market is majorly driven by the increasing complexity of the management of big data analytics. In line with this, the rising investments by the healthcare industry into IT development and digitization are significantly contributing to the market. Furthermore, the growing demand for analytics solutions for population health management is positively influencing the market. Apart from this, the escalating need for business intelligence to optimize health administration and strategy is catalyzing the market. Moreover, the rapid adoption of big data in the healthcare industry worldwide is propelling the market. Besides, the rising capital investments by the healthcare industry in the IT sector for better management and cost-effective patient care are offering lucrative opportunities for the market. Additionally, the growing adoption of Electronic Health Records (EHR) is strengthening the market.

What is included in market segmentation?

The report has segmented the market into the following categories:

Key Market Segmentation:

Component Insights:

 

Services
Software
Electronic Health Record Software
Practice Management
Workforce Management
Hardware
Data Storage
Routers
Firewalls
Virtual Private Networks
E-Mail Servers
Others


Analytics Type Insights:

Descriptive Analytics
Predictive Analytics
Prescriptive Analytics
Cognitive Analytics


Delivery Model Insights:

On-Premise Delivery Model
On-Demand Delivery Model


Application Insights:

Financial Analytics
Clinical Analytics
Operational Analytics
Others


End-User Insights:

Hospitals and Clinics
Finance and Insurance Agencies
Research Organizations


Regional Insights:

North America
Europe
Asia Pacific
Middle East and Africa
Latin America


Who are the key players operating in the industry?

Allscripts Healthcare, LLC
Cerner Corporation
International Business Machines Corporation (IBM)
COTIVITI, INC.
Oracle Corporation
Health Catalyst
Inovalon
Optum, Inc.
CitiusTech Inc.
McKesson Corporation
MEDEANALYTICS, INC.
SAS Institute Inc.
SCIO Health Analytics
Vitreoshealth
Wipro Limited
Cognizant Technology Solutions Corporation
Siemens Healthcare Private Limited
Hewlett-Packard Inc.
Koninklijke Philips N.V.
GE Healthcare


Also, Read Full Blog:
 Top Healthcare Big Data Analytics Companies Worldwide

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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