Global Healthcare Big Data Analytics Market Size To Grow At A CAGR Of 15% In The Forecast Period Of 2023-2028


The ‘Global Healthcare Big Data Analytics Market Share, Size, Trends, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global healthcare big data analytics market, assessing the market on the basis of its segments like analytics type, component, delivery model, application, end use, and major regions.

The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.

Healthcare Big Data Analytics Market Size, Share, Price, Trends, Industry Report, Key Players, Major Segments, and Forecast

The key highlights of the report include:

Market Overview (2018-2028) 

  • Forecast CAGR (2023-2028): 15%
Report AttributeDetails
Historical Period2018-2022
Forecast Period2023-2028
Base Year2022
Market Size in 2020USD 22.5 billion
Revenue Forecast in 2026USD 52 billion
Growth Rate CAGR15%
Major PlayersAllscripts Healthcare, LLC, Health Catalyst., Cerner Corporation., MedeAnalytics, Inc.,
Cognizant and among others.

The healthcare big data analytics market has been observing rapid growth globally owing to rising digitalisation of the healthcare information and growth in the number of patients resulting in generation of large volumes of data. Rising concern for the cost and quality of care is also a major factor fuelling the digitalisation of the healthcare system all around the globe. Regulatory need and compliance along with increasing demand for improved care of the patients and record-keeping services is further fuelling the growth of the market.

Get a Free Sample Report with Table of Contents: https://www.expertmarketresearch.com/reports/healthcare-big-data-analytics-market/requestsample

Clinical data analytics play a major role in the healthcare industry as they help generate insights based on medical data that can help improve the quality of treatment. Numerous healthcare facilities and businesses are adopting healthcare big data analytics in their operations in order to provide optimised care. This is done by monitoring the data of the patient effectively and thereafter working on improving the efficacy of the services.

Healthcare big data analytics offers better insights into patients with elevated risk of sickness thereby permitting the practitioners and doctors to suggest the right therapies and also derive a more accurate clinical discernment. All these factors are expected to enhance the growth of the healthcare big data analytics market globally.

Healthcare Big Data Analytics Industry Definition and Major Segments

Healthcare big data analytics is the application of data analytics in healthcare settings, collecting and analysing the clinical or physical data of patients. Due to the large volumes of data generated, healthcare big data analytics are designed to process and manage massive volumes of complex patient data. It provides healthcare facilities with actionable insights that helps them measure, learn, improve planning, and manage their work.

Read Full Report with Table of Contents: https://www.expertmarketresearch.com/reports/healthcare-big-data-analytics-market

On the basis of analytics type, the market is classified into:

  • Descriptive Analytics
  • Predictive Analytics
  • Prescriptive Analytics
  • Cognitive Analytics
  • Others

Based on component, the market is segmented into:

  • Service
  • Software
    • Electronic Health Record Software
    • Practise Management Software
    • Workforce Management Software
  • Hardware
    • Data Storage
    • Routers
    • Firewalls
    • Virtual Private Networks
    • E-Mail Servers

By delivery model, the market is bifurcated into:

  • On-Premise Delivery Model
  • On-Demand Delivery Model

On the basis of application, the market is categorised into:

  • Financial Analytics
  • Clinical Analytics
  • Operational Analytics
  • Others

Based on end use, the market is segmented into:

  • Hospitals and Clinics
  • Finance and Insurance Agencies
  • Research Organisations

On the basis of region, the market can be categorised into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Healthcare Big Data Analytics Market Trends

The key trends in the global healthcare big data analytics market include rapid technological advancements and the rising need for increasing productivity in the healthcare industry. Healthcare data analytics consist of a range of computational algorithms and high-powered computing systems which offer efficient marketing, improved operating performance, and enhanced patient care which thereby increases its demand in the market.

With improving technology, it has been easier to detect any healthcare fraud which is another major factor increasing the demand for the healthcare big data analytics market. Latest technologies facilitate the examination of information from several sources such as path laboratories and hospitals. Study of medical records and clinical trials have also become easier, fuelling the growth of the overall market.

North America holds a larger share in the healthcare big data analytics market because of several factors, particularly the rising adoption of technology in the region. Advanced healthcare services are easily available in North America which boosts the use of healthcare big data analytics technology in the region. Moreover, governments and private organisations in countries in the region are investing rapidly in the healthcare sector to bring further developments and innovations.

Key Market Players

The major players in the healthcare big data analytics market report are Allscripts Healthcare LLC, Health Catalyst, Cerner Corporation, MedeAnalytics Inc., and Cognizant, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

Read More Reports:

Biosimilar Market: https://www.marketwatch.com/press-release/biosimilar-market-size-share-report-analysis-growth-key-players-price-trends-and-forecast-period-2023-2028-2023-02-09?mod=search_headline

Parkinson’s Disease Drugs Market: https://www.marketwatch.com/press-release/parkinsons-disease-drugs-market-size-share-report-growth-analysis-price-trends-key-players-and-forecast-period-2023-2028-2023-02-09?mod=search_headline

Micro Irrigation Systems Market: https://www.marketwatch.com/press-release/micro-irrigation-systems-market-size-share-price-trends-outlook-key-players-industry-report-and-forecast-period-2023-2028-2023-02-10?mod=search_headline

Robotic Vacuum Cleaner Market: https://www.marketwatch.com/press-release/robotic-vacuum-cleaner-market-size-share-price-trends-growth-analysis-industry-report-key-players-and-forecast-period-2023-2028-2023-02-10?mod=search_headline

Smart Water Meter Market: https://www.marketwatch.com/press-release/smart-water-meter-market-size-share-report-industry-analysis-growth-price-trends-key-players-and-forecast-period-2023-2028-2023-02-10?mod=search_headline

About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skillful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

Media Contact:

Company Name: Claight Corporation
Contact Person: Ian Bell, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: www.expertmarketresearch.com

Popular posts from this blog

GCC LED Lighting Market Size, Trends, Growth, Forecast & Industry Report 2024-2032

Image
According to IMARC Group, the GCC led lighting market share reached us$ 876.9 million in 2023 . Looking forward, Imarc group expects the market to reach us$ 2,174.9 million by 2032, exhibiting a growth rate (CAGR) of 10.3% during 2024-2032. The report has segmented the market by product type (panel lights, down lights, street lights, and others), application (residential, commercial, industrial, and others), import and domestic manufacturing (imports, domestic manufacturing), public and private sectors (public sector, private sector), outdoor and indoor application (indoor, outdoor), and region. Request to Get the Sample Report: https://www.imarcgroup.com/gcc-led-lighting-market/requestsample What is the LED Lighting Market ? Light Emitting Diode (LED) lighting has emerged as a transformative technology in the field of illumination, revolutionizing the lighting solutions are perceived and utilized. LEDs are semiconductor devices that emit light when an electrical current passes...
Read more

Blood Group Typing Market Size, Key Facts, Dynamics, Segments and Forecast Report 2023-2028

Image
  The new report by Expert Market Research titled, ‘Global  Blood Group Typing Market Size , Trend, Growth, Analysis, Report and Forecast 2023-2028’, gives an in-depth analysis of the global blood group typing market. It assesses the market based on its segments like offerings, techniques, test types, end-uses, and major regions. Get a Free Sample Report with Table of Contents@   https://www.expertmarketresearch.com/reports/blood-group-typing-market/requestsample The key highlights of the report include: Market Overview 2018-2028 • Historical Market Size (2021):  USD 2 billion • Forecast CAGR (2023-2028):  9.10% • Forecast Market Size (2027):  USD 3.37 billion The market for blood group typing is being driven by the increasing prevalence of chronic diseases, along with the rising demand for blood from various end-users such as hospitals and clinics, research institutes, and blood banks, among others. The increasing number of emergencies and road accidents t...
Read more

Global Civil Engineering Market Size to Grow at a CAGR of 5.2% in the Forecast Period of 2023-2028

Image
The ‘Global   Civil Engineering Market Growth , Size, Share, Trend, Analysis, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global civil engineering market, assessing the market on the basis of its segments like services, applications, customers, and major regions. The report studies the latest updates in the market, along with their impact across the market. It is also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models. Civil Engineering Market Share, Size, Industry Report, Key Player, Major Segments, and Forecast The key highlights of the report include: Market Overview (2018-2028) • Forecast CAGR (2023-2028):  5.2% Civil engineering provides efficient and reliable assistance in building large structures, ensures environmental safety, facilitates coordination with transportation to manage traffic, and enables the understa...
Read more