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Market Research Report
Product code
908352
Global Big Data in Healthcare Market, By Component, By Software, By Deployment, By Analytics Type, By Application, By End User, By Region, Competition, Forecast & Opportunities, 2024 |
Global Big Data in Healthcare Market, By Component, By Software, By Deployment, By Analytics Type, By Application, By End User, By Region, Competition, Forecast & Opportunities, 2024 |
Published: March 1, 2020
TechSci Research
Content info: 156 Pages
Delivery time: 2-3 business days
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Global big data in healthcare market was valued at around $ 14.6 billion in 2018 and is projected to grow at a CAGR of 20% to reach $ 42.7 billion by 2024 owing to increasing adoption of Electronic Health Record (EHR), control healthcare spending, advance patient outcomes, etc. Health related data is growing at a rapid pace driven by the government initiatives to promote the adoption of healthcare information system and introduction of cloud storage. Moreover, increasing adoption of mobile health apps and wearable devices, are further stressing on the need for managing large amount of data to obtain critical information, thereby driving the demand for big data in healthcare sector. Additionally, elevating popularity of electronic prescriptions eliminates the need for paper-based prescriptions, which is further positively influencing the growth of the market.
Big data in healthcare market can be segmented based on component, software, deployment, analytics type, application, end user and region. Based on component, the market can be segmented into software and service. Software is the largest segment in the market and is poised to grow at brisk rate during the forecast period as well due to growing need for analysis of electronic patient data which is growing at a rapid pace. By Software, the market is segmented into Electronic Health Record, Practice Management, and Workforce Management. Electronic. The Electronic health record software accounted to highest market share in 2018 and is anticipated to continue its dominance during the forecast years. In terms of deployment, the market can be bifurcated into on-premise and cloud. On-premise is the dominant segment, however, cloud segment is expected to grow at the highest rate during the forecast period owing to myriad of benefits, such as efficient resource utilization, low maintenance and no capital cost, offered by cloud deployment. Based on analytics type, the market is segmented into descriptive analytics, predictive analytics, and prescriptive analytics. Based on application, the market is bifurcated into financial analytics, clinical data analytics, and operational analytics. The financial analytics segment accounted for the highest market share in 2018 and is anticipated to dominate the big data in healthcare market during the forecast years. Based on end user segment, the market is segmented into hospitals & clinics, finance & insurance, and research organization. The finance and insurance agencies are foreseen to attract the highest market share and be the major users of big data in healthcare market owing to the awareness and adoption of health insurance penetration across the globe.
Regionally, the market for big data in healthcare is gaining traction and expanding to various regions across the globe. Owing to the early adoption of technology and presence of major players in the region, North America dominated the market and is likely to continue its dominance in the coming years as well.
The major players operating in big data in healthcare market include Allscripts Healthcare Solutions, Inc., Cerner Corp., Optum, Inc., Premier, Inc., McKesson Corporation, GE Healthcare, Hewlett Packard Enterprise (HPE), International Business Machines Corporation (IBM), Microsoft Corporation, Oracle Corp, etc. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments. Since 2005, IBM is working on the development of its big data and analytics and has over 6,800 patents to its name. IBM acquired Truven Health Analytics, which is aiding the company to strengthen its position in the market.
Years considered for this report:
Historical Years: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020-2024
Objective of the Study:
Some of the leading players in global big data in healthcare market include Allscripts Healthcare Solutions, Inc., Cerner Corp., Optum, Inc., Premier, Inc., McKesson Corporation, GE Healthcare, Hewlett Packard Enterprise (HPE), International Business Machines Corporation (IBM), Microsoft Corporation, Oracle Corp., Philips Healthcare, etc.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service offerings, distribution channels and presence of all major service providers across the globe.
TechSci Research calculated the market size of global big data in healthcare market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, global big data in healthcare market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Software
Service
On-premise
Cloud
Descriptive
Predictive
Prescriptive
Clinical Data Analytics
Financial Analytics
Operational Analytics
Hospitals & Clinics
Finance & Insurance Agencies
Research Organizations
North America
Europe
Asia-Pacific
Middle East & Africa
South America
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global big data in healthcare market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
(Note: The companies list can be customized based on the client requirements.)
Figure 1. Global Big Data in Healthcare, by Company
Figure 2. What are the Major factors driving adoption of Big Data in Healthcare?
Figure 3. What are the major challenges for adoption of Big Data in Healthcare?
Figure 4. Which Deployment mode do you Prefer?
Figure 5. What are the major criteria for vendor selection?
Figure 6. Global Big Data in Healthcare Market Size, By Value (USD Million), 2014-2018
Figure 7. Global Big Data in Healthcare Market Size, By Value (USD Million), 2019E-2024F
Figure 8. Global Big Data in Healthcare Market Share, By Component, By Value, 2014-2024F
Figure 9. Global Big Data in Healthcare Market Share, By Component, By Software, By Value, 2014-2024F
Figure 10. Global Big Data in Healthcare Market Share, By Deployment, By Value, 2014-2024F
Figure 11. Global Big Data in Healthcare Market Share, By Analytics Type, By Value, 2014-2024F
Figure 12. Global Big Data in Healthcare Market Share, By Application, By Value, 2014-2024F
Figure 13. Global Big Data in Healthcare Market Share, By End User, By Value, 2014-2024F
Figure 14. Global Big Data in Healthcare Market Share, By Region, By Value, 2014-2024F
Figure 15. Global Big Data in Healthcare Market Share, By Company, By Value, 2018
Figure 16. Global Big Data in Healthcare Market Attractiveness Index, By Component, By Value, 2019E-2024F
Figure 17. Global Big Data in Healthcare Market Attractiveness Index, By Deployment, By Value, 2019E-2024F
Figure 18. Global Big Data in Healthcare Market Attractiveness Index, By Analytics Type, By Value, 2019E-2024F
Figure 19. Global Big Data in Healthcare Market Attractiveness Index, By Application, By Value, 2019E-2024F
Figure 20. Global Big Data in Healthcare Market Attractiveness Index, By End User, By Value, 2019E-2024F
Figure 21. Global Big Data in Healthcare Market Attractiveness Index, By Region, By Value, 2019E-2024F
Figure 22. North America Big Data in Healthcare Market Size, By Value (USD Million), 2014-2018
Figure 23. North America Big Data in Healthcare Market Size, By Value (USD Million), 2019E-2024F
Figure 24. North America Big Data in Healthcare Market Share, By Component, By Value, 2014-2024F
Figure 25. North America Big Data in Healthcare Market Share, By Deployment, By Value, 2014-2024F
Figure 26. North America Big Data in Healthcare Market Share, By Analytics Type, By Value, 2014-2024F
Figure 27. North America Big Data in Healthcare Market Share, By Application, By Value, 2014-2024F
Figure 28. North America Big Data in Healthcare Market Share, By Country, By Value, 2014-2024F
Figure 29. United States' Share in North America Big Data in Healthcare Market, By Value, 2018 & 2024F
Figure 30. United States Big Data in Healthcare Market Share, By Component, By Value, 2014-2024F
Figure 31. United States Big Data in Healthcare Market Share, By Deployment, By Value, 2014-2024F
Figure 32. United States Big Data in Healthcare Market Share, By Analytics Type, By Value, 2014-2024F
Figure 33. Canada's Share in North America Big Data in Healthcare Market, By Value, 2018 & 2024F
Figure 34. Canada Big Data in Healthcare Market Share, By Component, By Value, 2014-2024F
Figure 35. Canada Big Data in Healthcare Market Share, By Deployment, By Value, 2014-2024F
Figure 36. Canada Big Data in Healthcare Market Share, By Analytics Type, By Value, 2014-2024F
Figure 37. Mexico's Share in North America Big Data in Healthcare Market, By Value, 2018 & 2024F
Figure 38. Mexico Big Data in Healthcare Market Share, By Component, By Value, 2014-2024F
Figure 39. Mexico Big Data in Healthcare Market Share, By Deployment, By Value, 2014-2024F
Figure 40. Mexico Big Data in Healthcare Market Share, By Analytics Type, By Value, 2014-2024F
Figure 41. Europe Big Data in Healthcare Market Size, By Value (USD Million), 2014-2018
Figure 42. Europe Big Data in Healthcare Market Size, By Value (USD Million), 2019E-2024F
Figure 43. Europe Big Data in Healthcare Market Share, By Component, By Value, 2014-2024F
Figure 44. Europe Big Data in Healthcare Market Share, By Deployment, By Value, 2014-2024F
Figure 45. Europe Big Data in Healthcare Market Share, By Analytics Type, By Value, 2014-2024F
Figure 46. Europe Big Data in Healthcare Market Share, By Application, By Value, 2014-2024F
Figure 47. Europe Big Data in Healthcare Market Share, By Country, By Value, 2014-2024F
Figure 48. Germany's Share in Europe Big Data in Healthcare Market, By Value, 2018 & 2024F
Figure 49. Germany Big Data in Healthcare Market Share, By Component, By Value, 2014-2024F
Figure 50. Germany Big Data in Healthcare Market Share, By Deployment, By Value, 2014-2024F
Figure 51. Germany Big Data in Healthcare Market Share, By Analytics Type, By Value, 2014-2024F
Figure 52. United Kingdom's Share in Europe Big Data in Healthcare Market, By Value, 2018 & 2024F
Figure 53. United Kingdom Big Data in Healthcare Market Share, By Component, By Value, 2014-2024F
Figure 54. United Kingdom Big Data in Healthcare Market Share, By Deployment, By Value, 2014-2024F
Figure 55. United Kingdom Big Data in Healthcare Market Share, By Analytics Type, By Value, 2014-2024F
Figure 56. France' Share in Europe Big Data in Healthcare Market, By Value, 2018 & 2024F
Figure 57. France Big Data in Healthcare Market Share, By Component, By Value, 2014-2024F
Figure 58. France Big Data in Healthcare Market Share, By Deployment, By Value, 2014-2024F
Figure 59. France Big Data in Healthcare Market Share, By Analytics Type, By Value, 2014-2024F
Figure 60. Spain's Share in Europe Big Data in Healthcare Market, By Value, 2018 & 2024F
Figure 61. Spain Big Data in Healthcare Market Share, By Component, By Value, 2014-2024F
Figure 62. Spain Big Data in Healthcare Market Share, By Deployment, By Value, 2014-2024F
Figure 63. Spain Big Data in Healthcare Market Share, By Analytics Type, By Value, 2014-2024F
Figure 64. Italy's Share in Europe Big Data in Healthcare Market, By Value, 2018 & 2024F
Figure 65. Italy Big Data in Healthcare Market Share, By Component, By Value, 2014-2024F
Figure 66. Italy Big Data in Healthcare Market Share, By Deployment, By Value, 2014-2024F
Figure 67. Italy Big Data in Healthcare Market Share, By Analytics Type, By Value, 2014-2024F
Figure 68. Asia-Pacific Big Data in Healthcare Market Size, By Value (USD Million), 2014-2018
Figure 69. Asia-Pacific Big Data in Healthcare Market Size, By Value (USD Million), 2019E-2024F
Figure 70. Asia-Pacific Big Data in Healthcare Market Share, By Component, By Value, 2014-2024F
Figure 71. Asia-Pacific Big Data in Healthcare Market Share, By Deployment, By Value, 2014-2024F
Figure 72. Asia-Pacific Big Data in Healthcare Market Share, By Analytics Type, By Value, 2014-2024F
Figure 73. Asia-Pacific Big Data in Healthcare Market Share, By Application, By Value, 2014-2024F
Figure 74. Asia-Pacific Big Data in Healthcare Market Share, By Country, By Value, 2014-2024F
Figure 75. China's Share in Asia-Pacific Big Data in Healthcare Market, By Value, 2018 & 2024F
Figure 76. China Big Data in Healthcare Market Share, By Component, By Value, 2014-2024F
Figure 77. China Big Data in Healthcare Market Share, By Deployment, By Value, 2014-2024F
Figure 78. China Big Data in Healthcare Market Share, By Analytics Type, By Value, 2014-2024F
Figure 79. Japan's Share in Asia-Pacific Big Data in Healthcare Market, By Value, 2018 & 2024F
Figure 80. Japan Big Data in Healthcare Market Share, By Component, By Value, 2014-2024F
Figure 81. Japan Big Data in Healthcare Market Share, By Deployment, By Value, 2014-2024F
Figure 82. Japan Big Data in Healthcare Market Share, By Analytics Type, By Value, 2014-2024F
Figure 83. India's Share in Asia-Pacific Big Data in Healthcare Market, By Value, 2018 & 2024F
Figure 84. India Big Data in Healthcare Market Share, By Component, By Value, 2014-2024F
Figure 85. India Big Data in Healthcare Market Share, By Deployment, By Value, 2014-2024F
Figure 86. India Big Data in Healthcare Market Share, By Analytics Type, By Value, 2014-2024F
Figure 87. Australia's Share in Asia-Pacific Big Data in Healthcare Market, By Value, 2018 & 2024F
Figure 88. Australia Big Data in Healthcare Market Share, By Component, By Value, 2014-2024F
Figure 89. Australia Big Data in Healthcare Market Share, By Deployment, By Value, 2014-2024F
Figure 90. Australia Big Data in Healthcare Market Share, By Analytics Type, By Value, 2014-2024F
Figure 91. Singapore's Share in Asia-Pacific Big Data in Healthcare Market, By Value, 2018 & 2024F
Figure 92. Singapore Big Data in Healthcare Market Share, By Component, By Value, 2014-2024F
Figure 93. Singapore Big Data in Healthcare Market Share, By Deployment, By Value, 2014-2024F
Figure 94. Singapore Big Data in Healthcare Market Share, By Analytics Type, By Value, 2014-2024F
Figure 95. Middle East & Africa Big Data in Healthcare Market Size, By Value (USD Million), 2014-2018
Figure 96. Middle East & Africa Big Data in Healthcare Market Size, By Value (USD Million), 2019E-2024F
Figure 97. Middle East & Africa Big Data in Healthcare Market Share, By Component, By Value, 2014-2024F
Figure 98. Middle East & Africa Big Data in Healthcare Market Share, By Deployment, By Value, 2014-2024F
Figure 99. Middle East & Africa Big Data in Healthcare Market Share, By Analytics Type, By Value, 2014-2024F
Figure 100. Middle East & Africa Big Data in Healthcare Market Share, By Application, By Value, 2014-2024F
Figure 101. Middle East & Africa Big Data in Healthcare Market Share, By Country, By Value, 2014-2024F
Figure 102. Saudi Arabia's Share in Middle East & Africa Big Data in Healthcare Market, By Value, 2018 & 2024F
Figure 103. Saudi Arabia Big Data in Healthcare Market Share, By Component, By Value, 2014-2024F
Figure 104. Saudi Arabia Big Data in Healthcare Market Share, By Deployment, By Value, 2014-2024F
Figure 105. Saudi Arabia Big Data in Healthcare Market Share, By Analytics Type, By Value, 2014-2024F
Figure 106. UAE's Share in Middle East & Africa Big Data in Healthcare Market, By Value, 2018 & 2024F
Figure 107. UAE Big Data in Healthcare Market Share, By Component, By Value, 2014-2024F
Figure 108. UAE Big Data in Healthcare Market Share, By Deployment, By Value, 2014-2024F
Figure 109. UAE Big Data in Healthcare Market Share, By Analytics Type, By Value, 2014-2024F
Figure 110. South Africa's Share in Middle East & Africa Big Data in Healthcare Market, By Value, 2018 & 2024F
Figure 111. South Africa Big Data in Healthcare Market Share, By Component, By Value, 2014-2024F
Figure 112. South Africa Big Data in Healthcare Market Share, By Deployment, By Value, 2014-2024F
Figure 113. South Africa Big Data in Healthcare Market Share, By Analytics Type, By Value, 2014-2024F
Figure 114. South America Big Data in Healthcare Market Size, By Value (USD Million), 2014-2018
Figure 115. South America Big Data in Healthcare Market Size, By Value (USD Million), 2019E-2024F
Figure 116. South America Big Data in Healthcare Market Share, By Component, By Value, 2014-2024F
Figure 117. South America Big Data in Healthcare Market Share, By Deployment, By Value, 2014-2024F
Figure 118. South America Big Data in Healthcare Market Share, By Analytics Type, By Value, 2014-2024F
Figure 119. South America Big Data in Healthcare Market Share, By Application, By Value, 2014-2024F
Figure 120. South America Big Data in Healthcare Market Share, By Country, By Value, 2014-2024F
Figure 121. Brazil's Share in South America Big Data in Healthcare Market, By Value, 2018 & 2024F
Figure 122. Brazil Big Data in Healthcare Market Share, By Component, By Value, 2014-2024F
Figure 123. Brazil Big Data in Healthcare Market Share, By Deployment, By Value, 2014-2024F
Figure 124. Brazil Big Data in Healthcare Market Share, By Analytics Type, By Value, 2014-2024F
Figure 125. Argentina's Share in South America Big Data in Healthcare Market, By Value, 2018 & 2024F
Figure 126. Argentina Big Data in Healthcare Market Share, By Component, By Value, 2014-2024F
Figure 127. Argentina Big Data in Healthcare Market Share, By Deployment, By Value, 2014-2024F
Figure 128. Argentina Big Data in Healthcare Market Share, By Analytics Type, By Value, 2014-2024F
Figure 129. Colombia's Share in South America Big Data in Healthcare Market, By Value, 2018 & 2024F
Figure 130. Colombia Big Data in Healthcare Market Share, By Component, By Value, 2014-2024F
Figure 131. Colombia Big Data in Healthcare Market Share, By Deployment, By Value, 2014-2024F
Figure 132. Colombia Big Data in Healthcare Market Share, By Analytics Type, By Value, 2014-2024F
Table 1. United States Big Data in Healthcare Market Size, By Value (USD Million), 2014-2024F
Table 2. Canada Big Data in Healthcare Market Size, By Value (USD Million), 2014-2024F
Table 3. Mexico Big Data in Healthcare Market Size, By Value (USD Million), 2014-2024F
Table 4. Germany Big Data in Healthcare Market Size, By Value (USD Million), 2014-2024F
Table 5. United Kingdom Big Data in Healthcare Market Size, By Value (USD Million), 2014-2024F
Table 6. France Big Data in Healthcare Market Size, By Value (USD Million), 2014-2024F
Table 7. Spain Big Data in Healthcare Market Size, By Value (USD Million), 2014-2024F
Table 8. Italy Big Data in Healthcare Market Size, By Value (USD Million), 2014-2024F
Table 9. China Big Data in Healthcare Market Size, By Value (USD Million), 2014-2024F
Table 10. Japan Big Data in Healthcare Market Size, By Value (USD Million), 2014-2024F
Table 11. India Big Data in Healthcare Market Size, By Value (USD Million), 2014-2024F
Table 12. Australia Big Data in Healthcare Market Size, By Value (USD Million), 2014-2024F
Table 13. Singapore Big Data in Healthcare Market Size, By Value (USD Million), 2014-2024F
Table 14. Saudi Arabia Big Data in Healthcare Market Size, By Value (USD Million), 2014-2024F
Table 15. UAE Big Data in Healthcare Market Size, By Value (USD Million), 2014-2024F
Table 16. South Africa Big Data in Healthcare Market Size, By Value (USD Million), 2014-2024F
Table 17. Brazil Big Data in Healthcare Market Size, By Value (USD Million), 2014-2024F
Table 18. Argentina Big Data in Healthcare Market Size, By Value (USD Million), 2014-2024F
Table 19. Colombia Big Data in Healthcare Market Size, By Value (USD Million), 2014-2024F