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Big Data in Healthcare Market Forecast Report | Global Analysis, Demand, Revenue, Competitive Landscape, and Trend Analysis Research Report by 2027

The global Big Data in Healthcare Market is forecasted to be worth USD 78.03 Billion by 2027, according to a current analysis by Emergen Research. An increasing cost of healthcare, a rise in chronic diseases, a growing geriatric population, and a fall in reimbursement cost will propel the demand for the market. Healthcare sectors are under immense pressure to focus on investment improving resource and outcomes management. Deployment of analytical tools, artificial intelligence, and machine learning techniques on the growing amount of data to enhance revenue, reduce healthcare costs, and personalized medicine, which will propel the demand for the market.

Our team has leveraged analytical tools like Porter’s Five Forces Analysis and SWOT Analysis to discern vital information about the leading market regions’ competitive scenario. Additionally, the report explains the latest global economic landscape scenario with respect to the currently unfolding COVID-19 pandemic. The pandemic has significantly affected millions of lives and markets worldwide. Besides, it has led to massive disruptions in this particular business sphere. The report encompasses the effects of the pandemic on the Big Data in Healthcare market.

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Key Highlights From The Report

  • In October 2020, Wuhan Run He De Kang (RHDK) and Bianjie partnered to implement a blockchain technology-enabled “Epidemic Early Warning System” to help fight against the Covid-19 virus. Wuhan RHDK is a healthcare-focused Big Data firm established in 2017 to focus on creating advanced medical healthcare and safety risk management system.
  • The software segment held the largest share due to the growing need for analysis of electronic patient data, which is increasing at a rapid pace. By leveraging the appropriate software tools, big data is propelling the movement toward value-based healthcare, which is opening the door to innovative advancements while reducing the costs.
  • North America held the largest market share owing to a rise in advancement in the Internet of Things (IoT) and an increase in demand for analytical models for better service delivery and government policies. Technical advancement has made it easier to collect and analyze information, which is benefitting the healthcare industry in the region.
  • Key participants include Cerner Corporation, GE Healthcare, IBM Corporation, Allscripts, DELL EMC, Microsoft Corporation, Optum Inc., Oracle Corporation, Cognizant, and Mckesson, among others.

Market Segmentation:

For the purpose of this report, Emergen Research has segmented into the global Big Data in Healthcare Market on the basis of component, deployment, analytics type, application, end-user, and region:

  • Component Outlook (Revenue, USD Billion; 2017-2027)
    • Software
    • Services
  • Deployment Outlook (Revenue, USD Billion; 2017-2027)
    • On-Premises
    • Cloud
  • Analytics Type Outlook (Revenue, USD Billion; 2017-2027)
    • Predictive Analytics
    • Descriptive Analytics
    • Prescriptive Analytics
    • Diagnostic Analytics
  • Application Outlook (Revenue, USD Billion; 2017-2027)
    • Clinical Analytics
    • Financial Analytics
    • Operational Analytics
  • End-User Outlook (Revenue, USD Billion; 2017-2027)
    • Hospitals and Clinics
    • Finance and Insurance Agents
    • Research Organization

The most prominent geographical segments covered in the report include:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Objectives of the Global Big Data in Healthcare Market Study:

  • An in-depth study of the evolving market sectors and the growth & penetration status of the global Big Data in Healthcare market
  • COVID-19 Impact Analysis to highlight the major opportunities and challenges
  • Strategic recommendations to help readers formulate lucrative business strategies
  • Identification of the emerging players and their tactical approaches to expand market presence
  • An extensive study of the product portfolios of the major market players and their regional presence
  • A closer look at the strategic initiatives undertaken by the leading companies across this industry, including mergers & acquisitions, collaborations, partnerships, and joint ventures

Table Of Content:

Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Big Data in Healthcare Market Segmentation & Impact Analysis
4.1. Big Data in Healthcare Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Increase in the demand for analytics solutions for population health management
4.2.2.2. Surge in adoption of big data among the end users in healthcare industry
4.2.3. Market restraints analysis
4.2.3.1. Lack of skilled and expert staff
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis

Chapter 5. Big Data in Healthcare Market By Component Insights & Trends Revenue (USD Million)
5.1. Component Dynamics & Market Share, 2019 & 2027
5.1.1. Software
5.1.2. Services

Chapter 6. Big Data in Healthcare Market By Deployment Insights & Trends Revenue (USD Million)
6.1. Deployment Dynamics & Market Share, 2019 & 2027
6.1.1. On-Premises
6.1.2. Cloud

CONTINUED…!

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Thank you for reading our report. For further details or to inquire about customization, please connect with us. Our team will make sure your report is designed as per your needs.

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About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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