DUBLIN, Nov. 19, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/j9tsq2/global_big_data) has announced the addition of the "Global Big Data Spending in Healthcare Industry 2015-2019" report to their offering.
The global big data spending in the healthcare industry to grow at a CAGR of 42% over the period 2014-2019.
The report covers the current scenario and the growth prospects of the global big data spending in the healthcare industry for the period of 2015-2019. To calculate the market size, the report considers revenue generated as a result of big data spending in the healthcare industry. The report includes a discussion of the key vendors operating in this market. It also covers the landscape of the global big data spending in the healthcare industry and its growth prospects in the coming years.
According to the report, healthcare reforms have generated large volumes of medical and commercial data. The real-time analysis of this data offers powerful insights about patient health and helps monitor patients effectively. The growing volumes of data, the processing requirements of large volumes of data, and the need to derive actionable insights are major issues for many healthcare organizations.
Big data provides the necessary technologies to process large volumes of data and provide insights to all stakeholders, resulting in better patient care and cost reductions. It helps optimize patient outcomes while reducing costs by providing faster treatment, improving physician performance, avoiding re-admissions, and offering personalized medicine. Patients also play a significant role in reducing healthcare costs by participating in healthcare decisions. All these factors fuel big data spending by healthcare organizations.
Further, the report states that high complexity and cost hinders the adoption of big data in the healthcare industry.
The market is segmented into the following based on category:
Other prominent vendors
- Amazon Web Services
- Cognizant Technology
- Epic Systems
- GNS Healthcare
- NTT Data
- Philips Healthcare
- SAS Institute
- Sogeti Healthcare
- UnitedHealth Group
For more information visit http://www.researchandmarkets.com/research/j9tsq2/global_big_data
Laura Wood, +353-1-481-1716, [email protected]
SOURCE Research and Markets