Global Market Analysis & Forecast 2013-2023

Global big data analytics in the healthcare market is gaining interest with the introduction of personalized healthcare systems and demand for high-quality healthcare services. With the adoption of big data, healthcare payers and suppliers increased their capabilities. They study the patient behavior in a particular treatment and the diagnostic patterns. This provides them customized and highly cost-effective services.

Categorization of Healthcare Market:

Based on the deployment type, big data analytics in the healthcare market is categorized into on-demand and on-premise. Of the two, the on-demand deployment generates a larger revenue compared to the on-premise software deployment.
Based on the hardware, big data analytics within the healthcare market is categorized into data storage, routers, firewalls, virtual private network, e-mail servers, and others; others include data centers hardware and on-premise and on-cloud hardware. Data storage accounted for the biggest revenue share within the market in 2017.

Geographical Big Data Analytics:

Geographically, North America has been the largest big data analytics in the healthcare market. Asia-Pacific is expected as the fastest growth in the forecast period. The common factors include advancement in big data technologies, growing digitalization, expanding data analytics software industry, and increasing adoption of big data analytics services by health care providers in the region. Due to various initiatives were undertaken by the government, the market in the region is expected to grow significantly in the coming years. This makes more sophisticated and cheap healthcare services available to people. Factors driving the growth of big data analytics in healthcare market include

Read more:  Big Data Analytics in Healthcare

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