Big Data in Healthcare Market
Big Data in Healthcare Market: By Product Type (Software, Hardware, Services), By Deployment Mode (On-Premise, Cloud), By Application (Clinical Data Analytics, Operational Analytics, Financial Analytics), By End Users (Hospitals, Insurance & Finance Agencies, Research organizations), and Geography –Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024
Market Outline: Big Data in Healthcare Market
Big data in healthcare refers to the large set of structured and unstructured data that can be assessed to disclose the trends and patterns in healthcare system for present and future. It also provides the complete data on healthcare related processes such as pre-hospitalization to post medical cost analysis. Big data in healthcare used to predict the epidemics, supporting clinical decisions, enhance the quality of life, and avoid the preventable deaths. The major applications of big data in healthcare include financial analytics, clinical data analytics, and operational analytics.
Market Dynamics: Big Data in Healthcare Market
Drivers:
- Extensive use of cloud-based deployment
- Increase in the demand for integration of big data analytics in healthcare segment
- Technological advancements such as mHealth
Restraints:
- Insecurity in data storage
- Lack of IT infrastructure in Underdeveloped Countries
- High cost of initial investment
Market Scope: Big Data in Healthcare Market
it is segmented on the basis of product type, deployment mode, application, end user, and region
Based on the product type, big data in healthcare market is segmented into the following:
- Software
- Hardware
- Services
Based on the deployment mode, big data in healthcare market is segmented into the following:
- On-premise
- Cloud
Based on the application, big data in healthcare market is segmented into the following:
- Clinical Data Analytics
- Operational Analytics
- Financial Analytics
Based on the end user, big data in healthcare market is segmented into the following:
- Hospitals
- Insurance & Finance Agencies
- Research organizations
Based on the region, big data in healthcare market is segmented into the following:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competition Assessment: Big Data in Healthcare Market
Some of the players in the global big data in healthcare market include:
- McKesson Corporation (U.S.)
- Health Catalyst (U.S.)
- Cisco Systems Inc. (U.S.)
- MedeAnalytics, Inc. (U.S.)
- CitusTech, Inc. (U.S.)
- IBM Corporation (U.S.)
- Oracle Corporation (U.S.)
- Microsoft Corportion (U.S.)
- Cognizant (U.S.)
- NextGen Healthcare Information Systems (QSI Management, LLC) (U.S.)
- Vizient, Inc. (U.S.)
Notable Market Developments: Big Data in Healthcare Market
- In August 2017, NextGen Healthcare Information Systems acquired EagleDream Health, which provides services in financial, clinical, and administrative data
Key Features of the Report:
- The report provides granular level information about the market size, regional market share, historic market (2012-2016) and forecast (2017-2023)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key marketdevelopments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startup’s details that are actively working in the market
- The report provides plethora of information about market entry strategies and regulatory framework
- The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
