Press Resease

Big Data Analytics in Healthcare Market by Component (Software [Electronic Health Record Software, Practice Management, and Workforce Management], Hardware [Data Storage, Routers, Firewalls, Virtual Private Networks, E-Mail Servers, and Others], and Services), By Deployment Type (On-Demand and On-Premise), By Analytics Type (Descriptive, Predictive, and Prescriptive), and By Application (Financial Analytics [Claim Processing, Revenue Cycle Management, Risk Adjustment & Assessment, and Others], Clinical Data Analytics [Quality Control, Population Health Management, Clinical Decision Support, Reporting and Compliance, and Precision Health], and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 - 2024

Published Date: 20-Nov-2018 Category: Healthcare Report Format : PDF Pages: 110 Report Code: ZMR-3534 Status : Published

Global big data analytics in healthcare market expected to generate revenue of around USD 68.03 billion by 2024, growing at a CAGR of around 19.34% between 2018 and 2024. Big data with respect to healthcare will be useful for health data of a particular population/particular person and possibly help to cure diseases, avoid epidemics, cut down costs, etc.

Description

The report covers forecast and analysis for the big data analytics in the healthcare market on a global and regional level. The study provides historical data from 2015 to 2017 along with a forecast from 2018 to 2024 based on revenue (USD Billion). The study includes drivers and restraints for the big data analytics in healthcare market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the big data analytics in the healthcare market on a global as well as regional level.

In order to give the users of this report a comprehensive view on the big data analytics in the healthcare market, we have included competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein product type, application, and end-user segments are benchmarked based on their market size, growth rate, and general attractiveness.

Global Big Data Analytics in Healthcare Market

The report provides company market share analysis in order to give a broader overview of the key players in the big data analytics in the healthcare market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the big data analytics in healthcare market on the global and regional basis. 

Based on the component, the big data analytics in the healthcare market is segmented as software, hardware, and services. Software segment further sub-segmented into electronic health record software, practice management, and workforce management. Hardware segment further sub-segmented into data storage, routers, firewalls, virtual private networks, e-mail servers, and others. Based on deployment type, the big data analytics in the healthcare market is segmented into on-demand and on-premise. Based on analytics type, the big data analytics in the Healthcare market is segmented into descriptive, predictive, and prescriptive. Based on application, the big data analytics in the healthcare market is segmented into financial analytics, clinical data analytics, and others.

The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa with it further divided into major countries including the U.S. Canada, Germany, France, the UK, China, Japan, India, and Brazil. This segmentation includes the demand for big data analytics in healthcare tools based on individual segment and applications in all regions and countries.

The report also includes detailed profiles of end players such as Cerner Corporation,  Dell, McKesson Corporation, Hewlett-Packard Co., GE Healthcare, Mckesson, Koninklijke Philips N.V., Epic System Corporation, Optum, Opera Solutions,  Philips, Xerox, Teradata Corporation, Siemens Healthcare Gmbh, Mu Sigma, Splunk Inc., Cloudera, EMC, IBM, Cognizant Technology Solutions, Calpont Corporation, and Oracle Corporation among others.

This report segments the global big data analytics in healthcare market as follows:

Global Big Data Analytics in Healthcare Market: by Component

  • Software 
    • Electronic Health Record Software
    • Practice Management
    • Workforce Management
  • Hardware 
    • Data Storage
    • Routers
    • Firewalls
    • Virtual Private Networks
    • E-Mail Servers
    • Others
  • Services

Global Big Data Analytics in Healthcare Market: by Deployment Type

  • On-Demand
  • On-Premise

Global Big Data Analytics in Healthcare Market: by Analytics Type

  • Descriptive
  • Predictive
  • Prescriptive

Global Big Data Analytics in Healthcare Market: by Application

  • Financial Analytics 
    • Claim Processing
    • Revenue Cycle Management
    • Risk Adjustment & Assessment
    • Others
  • Clinical Data Analytics
    • Quality Control
    • Population Health Management
    • Clinical Decision Support
    • Reporting and Compliance
    • Precision Health 
  • Others

Global Big Data Analytics in Healthcare Market: by Region

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Introduction
    • 1.1. Report description and scope
    • 1.2. Research scope
    • 1.3. Research methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global Big Data Analytics in Healthcare Market, 2017 - 2024 (USD Billion)
    • 2.2. Global Big Data Analytics in Healthcare Market : Snapshot
  •  
  • Chapter 3. Inhalation Therapy Nebulizer Market - Dynamics
    • 3.1. Introduction
    • 3.2. Market drivers
      • 3.2.1. Global Big Data Analytics in Healthcare Market drivers: Impact analysis
      • 3.2.2. Escalating demand for financial analytics in healthcare
      • 3.2.3. Surge in demand for exploring structured
    • 3.3. Market restraints
      • 3.3.1. Lack of IT infrastructure in underdeveloped nations
      • 3.3.2. Adoption Of Different Analytical Tools Will Affect Data Interoperability
    • 3.4. Opportunities
      • 3.4.1. Growing inclination towards cloud-based analytics solutions
    • 3.5. Porter's five forces analysis
      • 3.5.1. Bargaining power of suppliers
      • 3.5.2. Bargaining power of buyers
      • 3.5.3. Threat from new entrants
      • 3.5.4. Threat from new substitutes
      • 3.5.5. Degree of competition
    • 3.6. Market attractiveness analysis
      • 3.6.1. Market attractiveness analysis, by Component Type
      • 3.6.2. Market attractiveness analysis, by Deployment Type
      • 3.6.3. Market attractiveness analysis, by Analytics Type
      • 3.6.4. Market attractiveness analysis, by Application
      • 3.6.5. Market attractiveness analysis, by Regional Segment
  •  
  • Chapter 4. Global Big Data Analytics in Healthcare Market - Competitive Landscape
    • 4.1. Company Market Share Analysis
      • 4.1.1. Global Big Data Analytics in Healthcare Market : Company Market Share, 2017
    • 4.2. Strategic Development
      • 4.2.1. Acquisitions & Mergers
      • 4.2.2. New Product Launch
      • 4.2.3. Agreements, Partnerships, Collaborations and Joint Ventures
      • 4.2.4. Research and Development, Regional Expansion
  •  
  • Chapter 5. Global Big Data Analytics in Healthcare Market - Component Type Segment Analysis
    • 5.1. Global Big Data Analytics in Healthcare Market : Component Type overview
      • 5.1.1. Global Big Data Analytics in Healthcare Market revenue share, by Component Type, 2017 and 2024
    • 5.2. Software
      • 5.2.1. Global Big Data Analytics in Healthcare Market for Software, 2017 - 2024 (USD Billion)
    • 5.3. Hardware
      • 5.3.1. Global Big Data Analytics in Healthcare Market for Hardware, 2017 - 2024 (USD Billion)
    • 5.4. Services
      • 5.4.1. Global Big Data Analytics in Healthcare Market for Services, 2017 - 2024 (USD Billion)
  •  
  • Chapter 6. Global Big Data Analytics in Healthcare Market - Deployment Segment Analysis
    • 6.1. Global Big Data Analytics in Healthcare Market : Deployment overview
      • 6.1.1. Global Big Data Analytics in Healthcare Market revenue share, by Deployment, 2017 and 2024
    • 6.2. On-Demand
      • 6.2.1. Global Big Data Analytics in Healthcare Market for On-Demand, 2017 - 2024 (USD Billion)
    • 6.3. On-Premise
      • 6.3.1. Global Big Data Analytics in Healthcare Market for On-Premise , 2017 - 2024 (USD Billion)
  •  
  • Chapter 7. Global Big Data Analytics in Healthcare Market - Analytics Segment Analysis
    • 7.1. Global Big Data Analytics in Healthcare Market : Analytics overview
      • 7.1.1. Global Big Data Analytics in Healthcare Market revenue share, by Analytics, 2017 and 2024
    • 7.2. Descriptive
      • 7.2.1. Global Big Data Analytics in Healthcare Market for Descriptive, 2017 - 2024 (USD Billion)
    • 7.3. Predictive
      • 7.3.1. Global Big Data Analytics in Healthcare Market for Predictive, 2017 - 2024 (USD Billion)
    • 7.4. Prescriptive
      • 7.4.1. Global Big Data Analytics in Healthcare Market for Prescriptive, 2017 - 2024 (USD Billion)
  •  
  • Chapter 8. Global Big Data Analytics in Healthcare Market - Application Segment Analysis
    • 8.1. Global Big Data Analytics in Healthcare Market : Application overview
      • 8.1.1. Global Big Data Analytics in Healthcare Market revenue share, by Application, 2017 and 2024
    • 8.2. Financial Analytics
      • 8.2.1. Global Big Data Analytics in Healthcare Market for Financial Analytics, 2017 - 2024 (USD Billion)
    • 8.3. Clinical Data Analytics
      • 8.3.1. Global Big Data Analytics in Healthcare Market for Clinical Data Analytics, 2017 - 2024 (USD Billion)
    • 8.4. Others
      • 8.4.1. Global Big Data Analytics in Healthcare Market for Others, 2017 - 2024 (USD Billion)
  •  
  • Chapter 9. Global Big Data Analytics in Healthcare Market - Regional Segment Analysis
    • 9.1. Global Big Data Analytics in Healthcare Market : Regional overview
      • 9.1.1. Global Big Data Analytics in Healthcare Market revenue share, by region, 2017 and 2024
    • 9.2. North America
      • 9.2.1. North America Big Data Analytics in Healthcare Market revenue, by Component Type, 2017 - 2024 (USD Billion)
      • 9.2.2. North America Big Data Analytics in Healthcare Market revenue, by Deployment Type, 2017 - 2024 (USD Billion)
      • 9.2.3. North America Big Data Analytics in Healthcare Market revenue, by Analytics Type, 2017 - 2024 (USD Billion)
      • 9.2.4. North America Big Data Analytics in Healthcare Market revenue, by Application, 2017 - 2024 (USD Billion)
      • 9.2.5. U.S.
        • 9.2.5.1. U.S. Big Data Analytics in Healthcare Market revenue, by Component Type, 2017 - 2024 (USD Billion)
        • 9.2.5.2. U.S. Big Data Analytics in Healthcare Market revenue, by Deployment Type, 2017 - 2024 (USD Billion)
        • 9.2.5.3. U.S. Big Data Analytics in Healthcare Market revenue, by Analytics Type, 2017 - 2024 (USD Billion)
        • 9.2.5.4. U.S. Big Data Analytics in Healthcare Market revenue, by Application, 2017 - 2024 (USD Billion)
      • 9.2.6. Canada
        • 9.2.6.1. Canada Big Data Analytics in Healthcare Market revenue, by Component Type, 2017 - 2024 (USD Billion)
        • 9.2.6.2. Canada Big Data Analytics in Healthcare Market revenue, by Deployment Type, 2017 - 2024 (USD Billion)
        • 9.2.6.3. Canada Big Data Analytics in Healthcare Market revenue, by Analytics Type, 2017 - 2024 (USD Billion)
        • 9.2.6.4. Canada Big Data Analytics in Healthcare Market revenue, by Application, 2017 - 2024 (USD Billion)
      • 9.2.7. Rest of North America
        • 9.2.7.1. Rest of North America Big Data Analytics in Healthcare Market revenue, by Component Type, 2017 - 2024 (USD Billion)
        • 9.2.7.2. Rest of North America Big Data Analytics in Healthcare Market revenue, by Deployment Type, 2017 - 2024 (USD Billion)
        • 9.2.7.3. Rest of North America Big Data Analytics in Healthcare Market revenue, by Analytics Type, 2017 - 2024 (USD Billion)
        • 9.2.7.4. Rest of North America Big Data Analytics in Healthcare Market revenue, by Application, 2017 - 2024 (USD Billion)
    • 9.3. Europe
      • 9.3.1. Europe Big Data Analytics in Healthcare Market revenue, by Component Type, 2017 - 2024 (USD Billion)
      • 9.3.2. Europe Big Data Analytics in Healthcare Market revenue, by Deployment Type, 2017 - 2024 (USD Billion)
      • 9.3.3. Europe Big Data Analytics in Healthcare Market revenue, by Analytics Type, 2017 - 2024 (USD Billion)
      • 9.3.4. Europe Big Data Analytics in Healthcare Market revenue, by Application, 2017 - 2024 (USD Billion)
      • 9.3.5. Germany
        • 9.3.5.1. Germany Big Data Analytics in Healthcare Market revenue, by Component Type, 2017 - 2024 (USD Billion)
        • 9.3.5.2. Germany Big Data Analytics in Healthcare Market revenue, by Deployment Type, 2017 - 2024 (USD Billion)
        • 9.3.5.3. Germany Big Data Analytics in Healthcare Market revenue, by Analytics Type, 2017 - 2024 (USD Billion)
        • 9.3.5.4. Germany Big Data Analytics in Healthcare Market revenue, by Application, 2017 - 2024 (USD Billion)
      • 9.3.6. U.K.
        • 9.3.6.1. U.K. Big Data Analytics in Healthcare Market revenue, by Component Type, 2017 - 2024 (USD Billion)
        • 9.3.6.2. U.K. Big Data Analytics in Healthcare Market revenue, by Deployment Type, 2017 - 2024 (USD Billion)
        • 9.3.6.3. U.K. Big Data Analytics in Healthcare Market revenue, by Analytics Type, 2017 - 2024 (USD Billion)
        • 9.3.6.4. U.K. Big Data Analytics in Healthcare Market revenue, by Application, 2017 - 2024 (USD Billion)
      • 9.3.7. France
        • 9.3.7.1. France Big Data Analytics in Healthcare Market revenue, by Component Type, 2017 - 2024 (USD Billion)
        • 9.3.7.2. France Big Data Analytics in Healthcare Market revenue, by Deployment Type, 2017 - 2024 (USD Billion)
        • 9.3.7.3. France Big Data Analytics in Healthcare Market revenue, by Analytics Type, 2017 - 2024 (USD Billion)
        • 9.3.7.4. France Big Data Analytics in Healthcare Market revenue, by Application, 2017 - 2024 (USD Billion)
      • 9.3.8. Italy
        • 9.3.8.1. Italy Big Data Analytics in Healthcare Market revenue, by Component Type, 2017 - 2024 (USD Billion)
        • 9.3.8.2. Italy Big Data Analytics in Healthcare Market revenue, by Deployment Type, 2017 - 2024 (USD Billion)
        • 9.3.8.3. Italy Big Data Analytics in Healthcare Market revenue, by Analytics Type, 2017 - 2024 (USD Billion)
        • 9.3.8.4. Italy Big Data Analytics in Healthcare Market revenue, by Application, 2017 - 2024 (USD Billion)
      • 9.3.9. Spain
        • 9.3.9.1. Spain Big Data Analytics in Healthcare Market revenue, by Component Type, 2017 - 2024 (USD Billion)
        • 9.3.9.2. Spain Big Data Analytics in Healthcare Market revenue, by Deployment Type, 2017 - 2024 (USD Billion)
        • 9.3.9.3. Spain Big Data Analytics in Healthcare Market revenue, by Analytics Type, 2017 - 2024 (USD Billion)
        • 9.3.9.4. Spain Big Data Analytics in Healthcare Market revenue, by Application, 2017 - 2024 (USD Billion)
      • 9.3.10. Russia
        • 9.3.10.1. Russia Big Data Analytics in Healthcare Market revenue, by Component Type, 2017 - 2024 (USD Billion)
        • 9.3.10.2. Russia Big Data Analytics in Healthcare Market revenue, by Deployment Type, 2017 - 2024 (USD Billion)
        • 9.3.10.3. Russia Big Data Analytics in Healthcare Market revenue, by Analytics Type, 2017 - 2024 (USD Billion)
        • 9.3.10.4. Russia Big Data Analytics in Healthcare Market revenue, by Application, 2017 - 2024 (USD Billion)
      • 9.3.11. Rest of Europe
        • 9.3.11.1. Rest of Europe Big Data Analytics in Healthcare Market revenue, by Component Type, 2017 - 2024 (USD Billion)
        • 9.3.11.2. Rest of Europe Big Data Analytics in Healthcare Market revenue, by Deployment Type, 2017 - 2024 (USD Billion)
        • 9.3.11.3. Rest of Europe Big Data Analytics in Healthcare Market revenue, by Analytics Type, 2017 - 2024 (USD Billion)
        • 9.3.11.4. Rest of Europe Big Data Analytics in Healthcare Market revenue, by Application, 2017 - 2024 (USD Billion)
    • 9.4. Asia Pacific
      • 9.4.1. Asia Pacific Big Data Analytics in Healthcare Market revenue, by Component Type, 2017 - 2024 (USD Billion)
      • 9.4.2. Asia Pacific Big Data Analytics in Healthcare Market revenue, by Deployment Type, 2017 - 2024 (USD Billion)
      • 9.4.3. Asia Pacific Big Data Analytics in Healthcare Market revenue, by Analytics Type, 2017 - 2024 (USD Billion)
      • 9.4.4. Asia Pacific Big Data Analytics in Healthcare Market revenue, by Application, 2017 - 2024 (USD Billion)
      • 9.4.5. China
        • 9.4.5.1. China Big Data Analytics in Healthcare Market revenue, by Component Type, 2017 - 2024 (USD Billion)
        • 9.4.5.2. China Big Data Analytics in Healthcare Market revenue, by Deployment Type, 2017 - 2024 (USD Billion)
        • 9.4.5.3. China Big Data Analytics in Healthcare Market revenue, by Analytics Type, 2017 - 2024 (USD Billion)
        • 9.4.5.4. China Big Data Analytics in Healthcare Market revenue, by Application, 2017 - 2024 (USD Billion)
      • 9.4.6. Japan
        • 9.4.6.1. Japan Big Data Analytics in Healthcare Market revenue, by Component Type, 2017 - 2024 (USD Billion)
        • 9.4.6.2. Japan Big Data Analytics in Healthcare Market revenue, by Deployment Type, 2017 - 2024 (USD Billion)
        • 9.4.6.3. Japan Big Data Analytics in Healthcare Market revenue, by Analytics Type, 2017 - 2024 (USD Billion)
        • 9.4.6.4. Japan Big Data Analytics in Healthcare Market revenue, by Application, 2017 - 2024 (USD Billion)
      • 9.4.7. India
        • 9.4.7.1. India Big Data Analytics in Healthcare Market revenue, by Component Type, 2017 - 2024 (USD Billion)
        • 9.4.7.2. India Big Data Analytics in Healthcare Market revenue, by Deployment Type, 2017 - 2024 (USD Billion)
        • 9.4.7.3. India Big Data Analytics in Healthcare Market revenue, by Analytics Type, 2017 - 2024 (USD Billion)
        • 9.4.7.4. India Big Data Analytics in Healthcare Market revenue, by Application, 2017 - 2024 (USD Billion)
      • 9.4.8. Australia
        • 9.4.8.1. Australia Big Data Analytics in Healthcare Market revenue, by Component Type, 2017 - 2024 (USD Billion)
        • 9.4.8.2. Australia Big Data Analytics in Healthcare Market revenue, by Deployment Type, 2017 - 2024 (USD Billion)
        • 9.4.8.3. Australia Big Data Analytics in Healthcare Market revenue, by Analytics Type, 2017 - 2024 (USD Billion)
        • 9.4.8.4. Australia Big Data Analytics in Healthcare Market revenue, by Application, 2017 - 2024 (USD Billion)
      • 9.4.9. Rest of Asia Pacific
        • 9.4.9.1. Rest of Asia Pacific Big Data Analytics in Healthcare Market revenue, by Component Type, 2017 - 2024 (USD Billion)
        • 9.4.9.2. Rest of Asia Pacific Big Data Analytics in Healthcare Market revenue, by Deployment Type, 2017 - 2024 (USD Billion)
        • 9.4.9.3. Rest of Asia Pacific Big Data Analytics in Healthcare Market revenue, by Analytics Type, 2017 - 2024 (USD Billion)
        • 9.4.9.4. Rest of Asia Pacific Big Data Analytics in Healthcare Market revenue, by Application, 2017 - 2024 (USD Billion)
    • 9.5. Latin America
      • 9.5.1. Latin America Big Data Analytics in Healthcare Market revenue, by Component Type, 2017 - 2024 (USD Billion)
      • 9.5.2. Latin America Big Data Analytics in Healthcare Market revenue, by Deployment Type, 2017 - 2024 (USD Billion)
      • 9.5.3. Latin America Big Data Analytics in Healthcare Market revenue, by Analytics Type, 2017 - 2024 (USD Billion)
      • 9.5.4. Latin America Big Data Analytics in Healthcare Market revenue, by Application, 2017 - 2024 (USD Billion)
      • 9.5.5. Brazil
        • 9.5.5.1. Brazil Big Data Analytics in Healthcare Market revenue, by Component Type, 2017 - 2024 (USD Billion)
        • 9.5.5.2. Brazil Big Data Analytics in Healthcare Market revenue, by Deployment Type, 2017 - 2024 (USD Billion)
        • 9.5.5.3. Brazil Big Data Analytics in Healthcare Market revenue, by Analytics Type, 2017 - 2024 (USD Billion)
        • 9.5.5.4. Brazil Big Data Analytics in Healthcare Market revenue, by Application, 2017 - 2024 (USD Billion)
      • 9.5.6. Rest of Latin America
        • 9.5.6.1. Rest of Latin America Big Data Analytics in Healthcare Market revenue, by Component Type, 2017 - 2024 (USD Billion)
        • 9.5.6.2. Rest of Latin America Big Data Analytics in Healthcare Market revenue, by Deployment Type, 2017 - 2024 (USD Billion)
        • 9.5.6.3. Rest of Latin America Big Data Analytics in Healthcare Market revenue, by Analytics Type, 2017 - 2024 (USD Billion)
        • 9.5.6.4. Rest of Latin America Big Data Analytics in Healthcare Market revenue, by Application, 2017 - 2024 (USD Billion)
    • 9.6. The Middle East and Africa
      • 9.6.1. The Middle East and Africa Big Data Analytics in Healthcare Market revenue, by Component Type, 2017 - 2024 (USD Billion)
      • 9.6.2. The Middle East and Africa Big Data Analytics in Healthcare Market revenue, by Deployment Type, 2017 - 2024 (USD Billion)
      • 9.6.3. The Middle East and Africa Big Data Analytics in Healthcare Market revenue, by Analytics Type, 2017 - 2024 (USD Billion)
      • 9.6.4. The Middle East and Africa Big Data Analytics in Healthcare Market revenue, by Application, 2017 - 2024 (USD Billion)
  •  
  • Chapter 10. Company Profile
    • 10.1. Cerner Corporation
      • 10.1.1. Overview
      • 10.1.2. Financials
      • 10.1.3. Therapy portfolio
      • 10.1.4. Business strategy
      • 10.1.5. Recent developments
    • 10.2. Dell
      • 10.2.1. Overview
      • 10.2.2. Financials
      • 10.2.3. Therapy portfolio
      • 10.2.4. Business strategy
      • 10.2.5. Recent developments
    • 10.3. McKesson Corporation
      • 10.3.1. Overview
      • 10.3.2. Financials
      • 10.3.3. Therapy portfolio
      • 10.3.4. Business strategy
      • 10.3.5. Recent developments
    • 10.4. GE Healthcare
      • 10.4.1. Overview
      • 10.4.2. Financials
      • 10.4.3. Therapy portfolio
      • 10.4.4. Business strategy
      • 10.4.5. Recent developments
    • 10.5. Mckesson
      • 10.5.1. Overview
      • 10.5.2. Financials
      • 10.5.3. Therapy portfolio
      • 10.5.4. Business strategy
      • 10.5.5. Recent developments
    • 10.6. Koninklijke Philips N.V.
      • 10.6.1. Overview
      • 10.6.2. Financials
      • 10.6.3. Therapy portfolio
      • 10.6.4. Business strategy
      • 10.6.5. Recent developments
    • 10.7. Epic System Corporation
      • 10.7.1. Overview
      • 10.7.2. Financials
      • 10.7.3. Therapy portfolio
      • 10.7.4. Business strategy
      • 10.7.5. Recent developments
    • 10.8. Optum
      • 10.8.1. Overview
      • 10.8.2. Financials
      • 10.8.3. Therapy portfolio
      • 10.8.4. Business strategy
      • 10.8.5. Recent developments
    • 10.9. Xerox
      • 10.9.1. Overview
      • 10.9.2. Financials
      • 10.9.3. Therapy portfolio
      • 10.9.4. Business strategy
      • 10.9.5. Recent developments
    • 10.10. Hewlett-Packard Co.
      • 10.10.1. Overview
      • 10.10.2. Financials
      • 10.10.3. Therapy portfolio
      • 10.10.4. Business strategy
      • 10.10.5. Recent developments

Methodology

Free Analysis

Big data in healthcare refers to the abundant healthcare data collected from various sources including genomic pay or records, electronic health records (EHRs), wearable, medical imaging, pharmaceutical research, medical devices, and others. Big data in healthcare and medicine refers to these diverse large and complex data, which is difficult to analyze and manage with traditional software or hardware. Big data analytics covers the amalgamation of heterogeneous data, analysis, modeling, data quality control, interpretation, and validation. Big data implies huge quantities of information created by digitization of each and everything that gets merged and analyzed by specific technologies. With respect to healthcare, big data analytics will be used for a particular health data of a population and possibly help to cure disease, avoid epidemics, and cut down costs.

The big data analytics in the healthcare market is growing at the fastest growth rate due to the escalating demand for financial analytics in healthcare sector coupled with decreasing costs and availability of big data software and services. Additionally, the increase in demand for structured and unstructured data available in the healthcare industry has resulted in the growing need for big data analytics in the healthcare market. Also, increased and easy acceptance of new technologies is likely to drive the big data analytics in the healthcare market in the coming years. However, the underdeveloped IT infrastructure in developing countries, lack of reimbursement policies, and usage of refurbished equipment can impede the growth of the big data analytics in the healthcare market. Whereas, improvement in IT infrastructure and growing preference towards cloud-based analytics solutions in developing countries is expected to create opportunities for big data analytics in the healthcare market in the coming years.

Global Big Data Analytics in Healthcare Market

The big data analytics in the healthcare market is segmented on the basis of the component, deployment type, analytics type, application, and region. On the basis of the component, the big data analytics in the healthcare market is divided into the software, hardware, and services. Software segment is further divided into electronic health record software, practice management, and workforce management. The hardware segment is further divided into data storage, firewalls, routers, e-mail servers, virtual private networks, and others. On the basis of the deployment type, the market is segmented as On-demand and on-premise. On the basis of the analytics type, the market is segmented into descriptive, predictive, and prescriptive. On the basis of the application, the big data analytics in the healthcare market is segmented into financial analytics, clinical data analytics, and others. Financial analytics segment is further sub-segmented as claim processing, risk adjustment & assessment, revenue cycle management, and others. And clinical data analytics segment is further sub-segmented into quality control, clinical decision support, reporting and compliance, population health management, and precision health. Application segment was the largest revenue generating segment in big data analytics in the healthcare market for the year 2017. Among all applications, financial analytics was the major application of big data analytics in the healthcare market for the year 2016. 

By geography, North America dominates the big data analytics in healthcare market due to early acceptance of the technology in this region. Emerging regions in the Asia Pacific are experiencing major growth in the big data analytics in the healthcare market. The growth can be attributed to advancement in big data technologies, ever-increasing digitalization, intensifying data analytics software industry, and high adoption rate of big data is increasing. Also, the adoption of big data analytics services by a number of healthcare providers is on rising across the region and this will further contribute towards the regional growth. Furthermore, various initiatives undertaken by the government to integrate big data in the healthcare industry for making healthcare services more refined and cost-effective is projected to drive the market growth in the region over the years ahead. The Middle East and Africa market are anticipated to witness a significant growth during the forecast period.

Some of the key players in the big data analytics in healthcare market include Cerner Corporation, Dell, McKesson Corporation, GE Healthcare, Mckesson, Koninklijke Philips N.V., Epic System Corporation, Optum, IBM, Xerox, Hewlett-Packard Co., Opera Solutions, Teradata Corporation, Cognizant Technology Solutions, Siemens Healthcare Gmbh, Cloudera, EMC, Mu Sigma, Splunk Inc., Calpont Corporation, and Oracle Corporation among others.

}
Office Address

Corporate Office
Zion Market Research 244 Fifth Avenue, Suite N202 New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll Free No.1-855-465-4651

Asia Pacific Office
3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No 020-46277770

Contact #
US OFFICE NO +1-386-310-3803
US/CAN TOLL FREE +1-855-465-4651
Email: sales@zionmarketresearch.com