Global Big Data Analytics in Healthcare Market is valued at approximately USD XX billion in 2017 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2018-2025.
Big data analytics in healthcare is evolving and a promising field with respect to healthcare as it will be useful for collecting health data of particular population/particular individual and help to cure diseases, avoid epidemics, cut down overall health costs etc. Big data analytics offers various benefits such as advanced patient care, improve operational efficiency, finding a cure for diseases, increasing life expectancy of patient, help organizations to make informed clinical and business decision, develop new healthcare plans for hospitals to prevent hospitalization.
Major driving factors of global Big Data Analytics in Healthcare market are surging adoption of cloud analytics and rise in need for business intelligence to optimize health administration. Rise in digitalization of medical procedures, escalating demand for analytic solution and growing regulatory mandates are also some other factor which contributing in enhancement of market growth of big data analytics in healthcare. Asia-Pacific is also anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025 due to advancement in big data technologies and rapidly growing software data analytics industry in the region.
Major Market players:
Cisco Systems Inc.
Detailed segments and sub-segment of the market:
Hospitals & Clinics
Finance & Insurance Agencies
Rest of the World
Target Audience of the Global Big Data Analytics in Healthcare Market:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Third-party knowledge providers
Category: Healthcare Market Research
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