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Big Data Analytics in Healthcare Market 2021 | Market Shares, Revenue, Topmost Industry competitor Analysis During 2020 – 2025

Rise in adoption of big data in the healthcare industry, increase in demand for analytics solution to aid population health management, and shift in preference from a pay-for-service model to a value-based care model drive the growth of the big data analytics in healthcare market.

The global big data in healthcare market was valued at $16.87 billion in 2017 and is expected to garner $67.82 billion by 2025, registering a CAGR of 19.1% during the forecast period. The report offers a comprehensive analysis of the Industry dynamics, key market segments, market trends and estimations, top investment pockets, and competitive landscape.

The global big data analytics in healthcare market is segmented on the basis of component, deployment, analytics type, application, end user, and region. Based on component, the market is bifurcated into software and services. The software segment accounted for more than two-thirds of the total market share in 2017 and is projected to maintain its dominance through 2025. However, the services segment is projected to register the fastest CAGR of 21.3% during the forecast period.

Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The region across North America dominated the market in 2017, holding more than half of the total market share. On the other hand, the region across Europe is projected to portray the highest CAGR of 21.8% during the forecast period.

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Based on deployment, the market is divided into on-premise and cloud. The on-premise segment held the largest share in 2017, accounting for 59.3% of total share and is expected to continue its dominance throughout the forecast period. On the other hand, the cloud-based deployment model is anticipated to register the fastest CAGR of 20.8% during the forecast period.

Profiling Key players: All Scripts, Cerner, Dell EMC, Epic System Corporation, GE Healthcare, Hewlett Packard Enterprise (HPE), International Business Machines (IBM) Corporation, Microsoft, Optum, and Oracle Corporation.

Highlights of the report:

  • Comprehensive assessment of all opportunities and risk in the global market.
  • Big data analytics in healthcare market recent innovations and major events.
  • Detailed study of business strategies for growth of the big data analytics in healthcare market-leading players.
  • Conclusive study about the growth plot of big data analytics in healthcare market for forthcoming years.
  • In-depth understanding of big data analytics in healthcare market -particular drivers, constraints and major micro markets.
  • Favourable impression inside vital technological and market latest trends striking the big data analytics in healthcare market.

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Lastly, this report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market.

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