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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Big Data in Healthcare Market Regional Analysis
Geographically, North America is expected to dominate the big data healthcare market due to the rise in advancements in the Internet of Things (IoT). The market is further driven by the increase in demand for analytical models on patient information for better service delivery and government policies on the use of telemedicine and EHRs. The regional market is expected to keep an upward trajectory in the forecast period driven by the presence of an advanced and robust healthcare system, convenient in the adoption of advanced technologies such as big data and artificial intelligence AI.
Market players are investing heavily in technologically advanced healthcare solution companies, which is likely to drive the big data in healthcare market size further. In February 2023, Valant, a Seattle, WA-based provider of a cloud-based EHR for behavioral health practices, received an investment from Resurgens Technology Partners. The amount of the deal was not disclosed. The company intends to use the funds to expand how serves its customers and accelerate its new client acquisition in support of its purpose.
Big Data in Healthcare Market Report Snapshots
Big Data in Healthcare Market Size
Big Data in Healthcare Regional Analysis
Big Data in Healthcare Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market attained a value of about USD 34 billion in 2023, driven by increased advancements.
The market is anticipated to grow at a CAGR of 14% during the forecast period of 2024-2032 and is likely to reach a market value of USD 110.4 billion by 2032.
The rising demand for analytics solutions for patient health management, the need for big data to optimize health administration and strategy, the increasing adoption of big data in healthcare, the rising geriatric population, the preference for personalized treatment, product launches, increasing technological advancement in the healthcare sector is a major factor driving the market growth.
The increasing acquisitions between market players, such as Thoma Bravo acquiring NextGen Healthcare, is a major trend influencing the market growth.
The major regions of the market include North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America is currently leading the global market.
The components include software such as electronic health record software, practice management, workforce management, and services.
There are two modes of deployment on-premises and cloud.
Types of analytics include descriptive, predictive, and prescriptive.
Big data in healthcare finds wide applications in clinical data analytics, financial analytics, and operational analytics.
End users in the market include hospitals, clinics, finance and insurance agencies, and research organizations, among others.
Key players involved in the market include Allscripts Healthcare Solutions, Inc., Cerner Corp., Optum Inc., Premier, Inc., McKesson Corporation, Hewlett Packard Enterprise (HPE), International Business Machines Corporation (IBM), Microsoft Corporation, Oracle Corp., GE Healthcare.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124