The global big data in healthcare market is anticipated to grow at a significant CAGR of 15.5% during the forecast period (2023-2030). The healthcare industry is on the brink of a transformational revolution, driven by cutting-edge technologies like AI, Big Data analytics, and Personalized Medicine. The healthcare industry generates enormous amounts of data every day. Electronic health records, genomic sequences, wearable device data, and patient-reported outcomes contribute to this data influx. Big Data analytics harnesses this wealth of information to draw valuable insights and support data-driven decision-making.
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The growing need for the deploying big data in the healthcare sector for disease trend and analysis prediction has driven the growth of the global market. According to a research article published in Nature Public Health Emergency Collection Journal in January 2022, which conducted a survey of 217 medical facilities in Poland reported, the use of big data analytics can aid medical facilities in various ways. The direct research reported that medical facilities in Poland are moving towards data-based healthcare in the current year as they use structured and unstructured data, reach for analytics in the administrative, business, and clinical area, and the adoption of big data in the medical facilities.
In September 2023, Komodo Health, a health data company, has launched MapLab a new all-in-one offering for healthcare and life sciences companies to generate analytical insights. MapLab will enable companies to generate insights into disease trends, treatment pathways, patient populations and other complex questions. The fully integrated tech stack aims to allow the industry to more
rapidly unearth rich insights that can help reduce disease burden at scale. Such developments by key market players are further contributing to the growth of the global market.
Market Coverage
- The market number available for – 2022-2030
- Base year- 2022
- Forecast period- 2023-2030
- Segment Covered-
o By Deployment Model
o By Component
o By Application
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- including Allscripts Healthcare, LLC, IBM Corp., General Electric Company (GE Healthcare), Epic Systems Corp., and Oracle (Cerner Corp.), among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
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
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Company Profiles
- Apixio
- Cognizant Inc.
- DELL EMC
- ExlService Holdings Inc.
- Flatiron Health Inc.
- Google Inc.
- Health catalyst Inc.
- Health Fidelity Inc.
- Innovaccer Inc.
- McKesson Corp.
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