Big Data in Healthcare Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Component (Hardware, Software, Analytics Services), By Application (Financial Analytics, Clinical Analytics, Operational Analytics, Population Health Analytics), By End User (Hospitals & Clinics, Academic & Research Organizations, Others), By Region and Competition, 2019-2029F

  • Industry : Healthcare
  • Pages : NA
  • Published Date : NA
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Summary

Report Description

Forecast Period

2025-2029

Market Size (2023)

USD 25.74 Billion

Market Size (2029)

USD 69.96 Billion

CAGR (2024-2029)

18.21%

Fastest Growing Segment

Software

Largest Market

North America

Market Overview

Global Big Data in Healthcare Market was valued at USD 25.74 Billion in 2023 and is anticipated to project impressive growth in the forecast period with a CAGR of 18.21% through 2029. The growth is attributed to an increase in the complexity of big data analytics management, an increase in analytics services, and the availability of low-cost big data solutions and services to end users. The fundamental driver for the expansion of the big data sector is the volume of data created across several industries as a result of changes in the business environment. Gaining knowledge from complex heterogeneous patient sources, averaging the patient records, understanding unmanaged clinical notes correctly, efficiently handling a large volume of medical imaging data, and relating with standard clinical data adds additional layers of difficulty, understanding the patient's behavioral data and personal data, social information through various sources.

Key Market Drivers

Growing Demand for Analytics Solutions for Population Health Management

The demand for the deployment of big data in the healthcare sector for disease trend and analysis prediction has resulted in recent years due to emergence of healthcare challenges related to the analysis of massive data amount. The market has been stabilizing in recent years as digital transformation of healthcare settings has increased, which is expected to drive market growth over the projected period.

An increase in demand for analytics solutions for population health management, an increase in the need for business intelligence to optimize health administration and strategy, are the main driving factors in the global big data in healthcare market growth.

Increased Use of Big Data in the Healthcare Sector

Big data analytics in healthcare refers to the intricate process of examining over large amounts of data to explore information such as hidden patterns, market trends, unknown correlations, and consumer preferences. Organizations can use this to make smart clinical and business decisions. Healthcare is a complex industry with a wide range of stakeholders, including patients, physicians, hospitals, pharmaceutical firms, and decision-makers. Strict laws and regulations also place restrictions on this industry. However, there may be a global shift away from the standard doctor-patient relationship. The healthcare system could possibly undergo a change due to health monitoring and collaboration with medical professionals to avoid diseases. By placing the patient at the center of the system is one of the most crucial components of the shift that healthcare needs to undergo. Technology is insufficient to accomplish these goals.

Companies are using big data analytics more and more frequently. However, medical enterprises are still unable to meet the demands of patients, doctors, administrators, and the creator's policy in terms of information. The use of personalized and accurate medicine based on personalized information, supplied in real time and customized to particular patients, would be made possible by the adoption of a big data strategy. Additionally, a number of market participants are investing in research and development while also launching new products and forming collaborations, all of which are driving market expansion. 

Global big data in healthcare market is therefore expected to increase during the course of the analysis period as a result of the increasing adoption and business expansion of companies across the globe. However, security issues involving private patient medical information and expensive implementation and deployment costs are expected to hinder the global big data in healthcare market expansion.

Growing Demand for Cost-Effective Big Data Software and Services

One of the factors propelling the market for big data in healthcare is the rising demand for affordable big data software and services because digitalization is occurring more often, healthcare providers are implementing big data solutions with a focus on reducing clinical errors. The need for big data solutions in healthcare has expanded as a result of the greater affordability of high-quality big data services and software. The demand for cost-effective big data software and services has also increased due to the necessity to manage disorganized data and eliminate on-premises contact in medical hospitals, pharmacies, vaccine depots, and research facilities to avoid overcrowding in small spaces.


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Key Market Challenges

Data Privacy and Security Concerns

One of the foremost challenges facing the Global Big Data in Healthcare Market is the issue of data privacy and security. With the massive volumes of sensitive patient data being generated and stored, maintaining confidentiality and safeguarding against unauthorized access or breaches is paramount. Healthcare organizations must adhere to stringent regulations such as HIPAA (Health Insurance Portability and Accountability Act) in the United States and GDPR (General Data Protection Regulation) in Europe to ensure the privacy and security of patient information. However, as data breaches continue to occur globally, concerns regarding data privacy and security remain a significant challenge for the adoption and expansion of big data solutions in healthcare. Addressing these concerns requires ongoing investments in robust cybersecurity measures, encryption technologies, access controls, and employee training programs to mitigate the risks associated with data breaches and unauthorized access.

Regulatory Compliance and Ethical Considerations

Regulatory compliance and ethical considerations pose significant challenges for the Global Big Data in Healthcare Market. Healthcare organizations must navigate a complex landscape of regulations, guidelines, and ethical principles governing the collection, storage, analysis, and sharing of patient data. Compliance with regulations such as HIPAA, GDPR, and ethical frameworks such as the Belmont Report and the Declaration of Helsinki is essential to protect patient privacy, ensure data security, and uphold ethical standards in research and clinical practice. However, navigating the regulatory landscape while leveraging big data technologies for healthcare innovation requires a delicate balance between compliance, innovation, and ethical considerations. Organizations must invest in robust compliance programs, ethical guidelines, and governance frameworks to navigate regulatory complexities and uphold the highest standards of data privacy, security, and ethics in healthcare.

Key Market Trends

Rapid Adoption of Electronic Health Records (EHRs)

The global healthcare industry is witnessing a rapid adoption of electronic health records (EHRs), driven by the increasing digitization of healthcare data and the need for efficient data management systems. EHRs enable healthcare providers to store, retrieve, and share patient information electronically, leading to improved clinical decision-making, streamlined workflows, and enhanced patient care outcomes. With the proliferation of EHR systems, healthcare organizations are generating vast amounts of data, including patient demographics, medical history, diagnostic test results, and treatment plans. This influx of data presents opportunities for leveraging big data analytics to extract valuable insights, identify trends, and improve healthcare delivery processes.

Emergence of Predictive Analytics in Disease Prevention and Management

Another prominent trend in the global big data in healthcare market is the emergence of predictive analytics tools and techniques for disease prevention and management. Healthcare organizations are leveraging advanced analytics algorithms to analyze large datasets containing clinical, genomic, demographic, and environmental data to predict disease onset, progression, and outcomes. Predictive analytics enables early detection of diseases, personalized treatment recommendations, and targeted interventions, leading to better patient outcomes and cost savings for healthcare systems. Moreover, predictive analytics plays a crucial role in population health management initiatives by identifying high-risk patient populations, prioritizing preventive care interventions, and optimizing resource allocation.

Segmental Insights

Component Insights

Based on the Component, software segment dominated the Global Big Data in Healthcare Market in 2023. Software plays a pivotal role in facilitating data management, processing, analysis, and visualization in healthcare organizations. With the exponential growth of healthcare data, there is a rising demand for robust software solutions capable of handling large volumes of data efficiently and extracting actionable insights. Healthcare software encompasses a wide range of applications, including electronic health record (EHR) systems, clinical decision support systems, data integration platforms, and analytics software. These software solutions enable healthcare providers to streamline workflows, improve patient care outcomes, and optimize resource allocation. 

End User Insights

Based on the end-user segment, Hospitals & Clinics dominated the global Big Data in Healthcare Market in 2023. Hospitals and clinics play a central role in healthcare delivery, generating vast amounts of patient data through clinical encounters, diagnostic tests, treatment procedures, and administrative processes. As healthcare organizations increasingly adopt electronic health record (EHR) systems and other digital health technologies, the volume and complexity of data generated within hospitals and clinics continue to grow exponentially. This wealth of data presents opportunities for leveraging big data analytics to improve patient care outcomes, enhance operational efficiency, and optimize resource utilization. Hospitals and clinics are investing in advanced analytics tools and technologies to extract actionable insights from their data, enabling clinical decision support, predictive modeling, population health management, and performance monitoring. Additionally, hospitals and clinics are collaborating with technology vendors, research institutions, and government agencies to develop innovative big data solutions tailored to the specific needs and challenges of healthcare delivery settings. As the demand for data-driven healthcare solutions continues to rise, hospitals and clinics are expected to maintain their dominance in the global Big Data in Healthcare Market.


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Regional Insights

North America is dominating the Global Big Data in Healthcare Market. The region boasts a mature healthcare infrastructure, significant investments in healthcare technology, and advanced research and development capabilities. The United States, in particular, leads the global market with its large-scale adoption of electronic health records (EHRs), robust data analytics platforms, and a thriving ecosystem of healthcare startups and technology companies. Additionally, favorable government initiatives, such as the implementation of the Health Information Technology for Economic and Clinical Health (HITECH) Act and the Affordable Care Act (ACA), have spurred the adoption of big data analytics in healthcare, driving market growth. Furthermore, North America benefits from strong collaborations between healthcare providers, research institutions, and technology vendors, fostering innovation and accelerating the development and deployment of big data solutions across the healthcare continuum. While North America currently holds the largest market share, other regions, including Europe and Asia-Pacific, are also witnessing significant growth opportunities in the global Big Data in Healthcare Market.

Recent Developments

  • In November 2023, Cercle, an emerging AI firm dedicated to enhancing women's healthcare, emerged from stealth mode. Utilizing artificial intelligence, the Cercle Biomedical Graph platform gathers billions of de-identified biomedical and genomics data points securely obtained from healthcare clinics and research laboratories globally. Subsequently, it transforms frequently disorganized and fragmented clinical data into valuable insights for researchers and healthcare providers. As of now, Cercle has established partnerships with Eurofins Genoma, an international provider of DNA sequencing services, and US Fertility, a prominent network of fertility centers owned by physicians. These partnerships encompass numerous fertility and genetics clinics spanning across Europe and the United States. Through these collaborations, the partners gain access to the Cercle platform, while also contributing anonymized data to facilitate the platform's further development. Collectively, the partners aim to enhance outcomes and success rates in in vitro fertilization procedures.

Key Market Players

  • GE HealthCare Technologies, Inc
  • IBM Corporation
  • McKesson Corporation
  • MedeAnalytics, Inc.
  • Oracle Corporation
  • Premier, Inc.
  • Koninklijke Philips N.V.
  • Siemens Healthineers AG
  • Tableau Software, Inc.
  • Optum Inc.

 

By Component

By Application

By End User

By Region
  • Hardware
  • Software
  • Analytics Services
  • Financial Analytics
  • Clinical Analytics
  • Operational Analytics
  • Population Health Analytics
  • Hospitals & Clinics
  • Academic & Research Organizations
  • Others
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

 

Report Scope:

In this report, the Global Big Data in Healthcare Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Big Data in Healthcare Market, By Component:

o   Hardware

§  Data Storage

§  Servers

§  Networking

o   Software

§  Electronic Health Records

§  Practice Management Software

§  Revenue Cycle Management Software

§  Workforce Management Software

§  Others

o   Analytics Service

§  Descriptive Analytics

§  Prescriptive Analytics

§  Predictive Analytics

  • Big Data in Healthcare Market, By Application:

o   Financial Analytics

o   Clinical Analytics

o   Operational Analytics

o   Population Health Analytics

  • Big Data in Healthcare Market, By End User:

o   Hospitals & Clinics

o   Academic & Research Organizations

o   Others

  • Big Data in Healthcare Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   Asia-Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Big Data in Healthcare Market.

Available Customizations:

Global Big Data in Healthcare market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Big Data in Healthcare Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Service Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Global Big Data in Healthcare Market Outlook

4.1.  Market Size & Forecast

4.1.1.    By Value

4.2.  Market Share & Forecast

4.2.1.    By Component (Hardware, Software, Analytics Services)

4.2.1.1.        By Hardware (Data Storage, Servers, Networking)

4.2.1.2.        By Software (Electronic Health Records, Practice Management Software, Revenue Cycle Management Software, Workforce Management Software, Others)

4.2.1.3.        By Analytics Service (Descriptive Analytics, Prescriptive Analytics, Predictive Analytics)

4.2.2.    By Application (Financial Analytics, Clinical Analytics, Operational Analytics, Population Health Analytics)

4.2.3.    By End User (Hospitals & Clinics, Academic & Research Organizations, Others)

4.2.4.    By Region

4.2.5.    By Company (2023)

4.3.  Market Map

5.    North America Big Data in Healthcare Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Component (Hardware, Software, Analytics Services)

5.2.1.1.        By Hardware (Data Storage, Servers, Networking)

5.2.1.2.        By Software (Electronic Health Records, Practice Management Software, Revenue Cycle Management Software, Workforce Management Software, Others)

5.2.1.3.        By Analytics Service (Descriptive Analytics, Prescriptive Analytics, Predictive Analytics)

5.2.2.    By Application (Financial Analytics, Clinical Analytics, Operational Analytics, Population Health Analytics)

5.2.3.    By End User (Hospitals & Clinics, Academic & Research Organizations, Others)

5.2.4.    By Country

5.3.  North America: Country Analysis

5.3.1.    United States Big Data in Healthcare Market Outlook

5.3.1.1.        Market Size & Forecast

5.3.1.1.1.            By Value

5.3.1.2.        Market Share & Forecast

5.3.1.2.1.            By Component

5.3.1.2.2.            By Application

5.3.1.2.3.            By End User

5.3.2.    Canada Big Data in Healthcare Market Outlook

5.3.2.1.        Market Size & Forecast

5.3.2.1.1.            By Value

5.3.2.2.        Market Share & Forecast

5.3.2.2.1.            By Component

5.3.2.2.2.            By Application

5.3.2.2.3.            By End User

5.3.3.    Mexico Big Data in Healthcare Market Outlook

5.3.3.1.        Market Size & Forecast

5.3.3.1.1.            By Value

5.3.3.2.        Market Share & Forecast

5.3.3.2.1.            By Component

5.3.3.2.2.            By Application

5.3.3.2.3.            By End User

6.    Europe Big Data in Healthcare Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Component (Hardware, Software, Analytics Services)

6.2.1.1.        By Hardware (Data Storage, Servers, Networking)

6.2.1.2.        By Software (Electronic Health Records, Practice Management Software, Revenue Cycle Management Software, Workforce Management Software, Others)

6.2.1.3.        By Analytics Service (Descriptive Analytics, Prescriptive Analytics, Predictive Analytics)

6.2.2.    By Application (Financial Analytics, Clinical Analytics, Operational Analytics, Population Health Analytics)

6.2.3.    By End User (Hospitals & Clinics, Academic & Research Organizations, Others)

6.2.4.    By Country

6.3.  Europe: Country Analysis

6.3.1.    France Big Data in Healthcare Market Outlook

6.3.1.1.        Market Size & Forecast

6.3.1.1.1.            By Value

6.3.1.2.        Market Share & Forecast

6.3.1.2.1.            By Component

6.3.1.2.2.            By Application

6.3.1.2.3.            By End User

6.3.2.    United Kingdom Big Data in Healthcare Market Outlook

6.3.2.1.        Market Size & Forecast

6.3.2.1.1.            By Value

6.3.2.2.        Market Share & Forecast

6.3.2.2.1.            By Component

6.3.2.2.2.            By Application

6.3.2.2.3.            By End User

6.3.3.    Italy Big Data in Healthcare Market Outlook

6.3.3.1.        Market Size & Forecast

6.3.3.1.1.            By Value

6.3.3.2.        Market Share & Forecast

6.3.3.2.1.            By Component

6.3.3.2.2.            By Application

6.3.3.2.3.            By End User

6.3.4.    Germany Big Data in Healthcare Market Outlook

6.3.4.1.        Market Size & Forecast

6.3.4.1.1.            By Value

6.3.4.2.        Market Share & Forecast

6.3.4.2.1.            By Component

6.3.4.2.2.            By Application

6.3.4.2.3.            By End User

6.3.5.    Spain Big Data in Healthcare Market Outlook

6.3.5.1.        Market Size & Forecast

6.3.5.1.1.            By Value

6.3.5.2.        Market Share & Forecast

6.3.5.2.1.            By Component

6.3.5.2.2.            By Application

6.3.5.2.3.            By End User

7.    Asia-Pacific Big Data in Healthcare Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Component (Hardware, Software, Analytics Services)

7.2.1.1.        By Hardware (Data Storage, Servers, Networking)

7.2.1.2.        By Software (Electronic Health Records, Practice Management Software, Revenue Cycle Management Software, Workforce Management Software, Others)

7.2.1.3.        By Analytics Service (Descriptive Analytics, Prescriptive Analytics, Predictive Analytics)

7.2.2.    By Application (Financial Analytics, Clinical Analytics, Operational Analytics, Population Health Analytics)

7.2.3.    By End User (Hospitals & Clinics, Academic & Research Organizations, Others)

7.2.4.    By Country

7.3.  Asia-Pacific: Country Analysis

7.3.1.    China Big Data in Healthcare Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.            By Value

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.            By Component

7.3.1.2.2.            By Application

7.3.1.2.3.            By End User

7.3.2.    India Big Data in Healthcare Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.            By Value

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.            By Component

7.3.2.2.2.            By Application

7.3.2.2.3.            By End User

7.3.3.    Japan Big Data in Healthcare Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.            By Value

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.            By Component

7.3.3.2.2.            By Application

7.3.3.2.3.            By End User

7.3.4.    Australia Big Data in Healthcare Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.            By Value

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.            By Component

7.3.4.2.2.            By Application

7.3.4.2.3.            By End User

7.3.5.    South Korea Big Data in Healthcare Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.            By Value

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.            By Component

7.3.5.2.2.            By Application

7.3.5.2.3.            By End User

8.    South America Big Data in Healthcare Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Component (Hardware, Software, Analytics Services)

8.2.1.1.        By Hardware (Data Storage, Servers, Networking)

8.2.1.2.        By Software (Electronic Health Records, Practice Management Software, Revenue Cycle Management Software, Workforce Management Software, Others)

8.2.1.3.        By Analytics Service (Descriptive Analytics, Prescriptive Analytics, Predictive Analytics)

8.2.2.    By Application (Financial Analytics, Clinical Analytics, Operational Analytics, Population Health Analytics)

8.2.3.    By End User (Hospitals & Clinics, Academic & Research Organizations, Others)

8.2.4.    By Country

8.3.  South America: Country Analysis

8.3.1.    Brazil Big Data in Healthcare Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.            By Value

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.            By Component

8.3.1.2.2.            By Application

8.3.1.2.3.            By End User

8.3.2.    Argentina Big Data in Healthcare Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.            By Value

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.            By Component

8.3.2.2.2.            By Application

8.3.2.2.3.            By End User

8.3.3.    Colombia Big Data in Healthcare Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.            By Value

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.            By Component

8.3.3.2.2.            By Application

8.3.3.2.3.            By End User

9.    Middle East and Africa Big Data in Healthcare Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Component (Hardware, Software, Analytics Services)

9.2.1.1.        By Hardware (Data Storage, Servers, Networking)

9.2.1.2.        By Software (Electronic Health Records, Practice Management Software, Revenue Cycle Management Software, Workforce Management Software, Others)

9.2.1.3.        By Analytics Service (Descriptive Analytics, Prescriptive Analytics, Predictive Analytics)

9.2.2.    By Application (Financial Analytics, Clinical Analytics, Operational Analytics, Population Health Analytics)

9.2.3.    By End User (Hospitals & Clinics, Academic & Research Organizations, Others)

9.2.4.    By Country

9.3.  MEA: Country Analysis

9.3.1.    South Africa Big Data in Healthcare Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.            By Value

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.            By Component

9.3.1.2.2.            By Application

9.3.1.2.3.            By End User

9.3.2.    Saudi Arabia Big Data in Healthcare Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.            By Value

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.            By Component

9.3.2.2.2.            By Application

9.3.2.2.3.            By End User

9.3.3.    UAE Big Data in Healthcare Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.            By Value

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.            By Component

9.3.3.2.2.            By Application

9.3.3.2.3.            By End User

10.  Market Dynamics

10.1.            Drivers

10.2.            Challenges

11.  Market Trends & Developments

11.1.            Merger & Acquisition (If Any)

11.2.            Product Launches (If Any)

11.3.            Recent Developments

12.  Porters Five Forces Analysis

12.1.            Competition in the Industry

12.2.            Potential of New Entrants

12.3.            Power of Suppliers

12.4.            Power of Customers

12.5.            Threat of Substitute Products

13.  Competitive Landscape

13.1.            GE HealthCare Technologies, Inc

13.1.1. Business Overview

13.1.2. Company Snapshot

13.1.3. Products & Services

13.1.4. Financials (As Reported)

13.1.5. Recent Developments

13.1.6. Key Personnel Details

13.1.7. SWOT Analysis

13.2.            IBM Corporation

13.3.            McKesson Corporation

13.4.            MedeAnalytics, Inc.

13.5.            Oracle Corporation

13.6.            Premier, Inc.

13.7.            Koninklijke Philips N.V.

13.8.            Siemens Healthineers AG

13.9.            Tableau Software, Inc.

13.10.         Optum Inc.

14.  Strategic Recommendations

15.  About Us & Disclaimer

Figures and Tables

Frequently asked questions

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Rise in demand of population health analytics, and increase in the demand for analytics solutions for population health management is expected to drive the growth of the global Big Data in Healthcare market in the forecast years.

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GE HealthCare Technologies, Inc, IBM Corporation, McKesson Corporation, MedeAnalytics, Inc., Oracle Corporation, among others are leading the global Big Data in Healthcare market in the forecast period.

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Electronic health records is anticipated to be the fastest growing sub-segment in the forecast period as the Centers for Disease Control and Prevention (CDC) researchers estimate that approximately 883.7 million office-based doctor visits occur each year in the US.

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Due to the development of the internet of things (IoT), the rise in demand for patient data analytics models for better service delivery, and government initiatives to support telemedicine and EHRs, North America is anticipated to lead the global big data healthcare industry. Due to the region's well-established healthcare system, there is a large assortment of patient information.

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Sakshi Bajaal

Business Consultant
Press Release

Big Data in Healthcare Market to Grow at 18.21% CAGR through 2029

Apr, 2024

Increasing regulatory pressures, shifting reimbursement s, is expected to drive the Global Big Data in Healthcare Market growth in the forecast period, 2025-2029.

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