Market Research Report

Global Big Data Analytics in Healthcare Market Analysis, 2020

By Component (Software, Service, Hardware), By Mode of Deployment (On-premise & Cloud), By Analytics Type (Descriptive, Predictive, Prescriptive), By Application (Financial Analyti......cs, Clinical Analytics, Operational and Administrative Analytics. Population health Analytics), By End User (Payers, Providers, ACOs (Accountable Care Organizations), HIEs (Health Information Exchange), MCOs(Managed Care Organization), TPAs(Third Party Administration)), By Region (North America, South America, Europe, APAC, Middle East, Africa), By Country (U.S, Canada, Mexico, Brazil, Germany, France, Italy, The U.K, Russia & CIS, Spain, China, India, Japan, South Korea, South East Asia, Saudi Arabia, UAE, Turkey, Qatar, South Africa, Egypt), By Company Read more

  • ICT & Electronics
  • Jan 2020
  • Pages 241
  • Report Format: PDF, Excel, PPT

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The healthcare industry across the globe generates a vast amount of data every day to transform the raw data into meaningful insights the need for big data analytics in healthcare is growing. Moreover, digital transformation across the globe coupled with the rise in the adoption of IoT (Internet of Things) is increasing at a dramatic pace. According to GSMA intelligence, the total IoT market is expected to grow at a CAGR of 56.7% between 2016-2025. Moreover, the governments in various countries have proposed a model for an adequate and efficient healthcare information system.

Report Coverage Details
Study Period   Historical Data: 2015-19
  Base Year: 2019
  Forecast Period: 2020-25
Regions Covered   North America
  Europe
  Asia-Pacific
  South America
  Middle East & Africa
Unit Denominations   USD Million/Billion

Moreover, the mandates and regulations of the governments of developed and developing countries to keep the health data secure by using preventive analytics thus, driving the Big Data Analytics in the Healthcare market across the globe. Also, the big data analytics is used for the cost reduction and outcome improvement in healthcare management and other benefits such as improving the state of clinical trials, preventing and predicting diseases and finding their cures, studying population health,

According to MarkNtel Advisors’ research report “Global Big Data Analytics in Healthcare Market Analysis, 2020”, the Global Big Data Analytics in the Healthcare market is anticipated to grow at a CAGR of around 27.20% during 2020-25. In 2019, the North America region dominated the Global Big Data Analytics in the Healthcare market as the countries such as the U.S, Mexico, and Canada is the early adopters of any major digital technology and the government’s mandate to secure the healthcare data which would be used for the predictive analytics. Moreover, the demand for descriptive analytics is more in comparison to predictive and prescriptive analytics due to properties such as analyzing the past trends and form the base for the effective application of predictive analytics. 

Also, the on-premise deployment segment acquired the major share due to the easy process of customization. However, end-users are shifting toward cloud-based solutions due to their low maintenance and no capital cost and flexibility.  


Debt Funding from the Investment Firms Leading to Industry Fragmentation

With the support of investment and debt funding from venture capital firms to the new start-ups and existing players for technological advancement and entering the industry is making the industry fragmented. The support from the venture capital firms can further boost the Global Big Analytics Data in the Healthcare market across the globe.

However, the existing players in the industry are focusing on offering high-end technology to the end-users to remain competitive. In 2019, IBM Corporation, Optum, Inc., Cerner Corporation, SAS Institute, Inc., Allscripts Health Solutions, McKesson Corporation, etc., acquired a major market share in the Global Big Data Analytics in Healthcare market across the globe.


 



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Frequently Asked Questions

  1. Introduction
    1. Research Process
    2. Assumption
    3. Market Segmentation
    4. Market Definition
  2. Executive Summary
  3. Global Big Data Analytics in Healthcare Market Outlook 2015- 2025F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Component
        1. Software
        2. Services
        3. Hardware
      2. By Mode of Deployment
        1. On Premise
        2. Cloud
      3. By Analytics Type
        1. Descriptive
        2. Predictive
        3. Prescriptive
      4. By Application
        1. Financial
        2. Clinical
        3. Operational and Administrative
        4. Population Health
      5. By End Users
        1. Payers
        2. Providers
        3. ACOs
        4. HIEs
        5. MCOs
        6. TPAs
      6. By Region
        1. North America
        2. South America
        3. Europe
        4. Asia-Pacific
        5. Middle East & Africa
      7. By Company
        1. Revenue Shares
        2. Strategic Factorial Indexing
        3. Competitor Placement in Markntel Quadrant
  4. North America Big Data Analytics in Healthcare Market Outlook 2015- 2025F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Component
      2. By Mode of Deployment
      3. By Analytics Type
      4. By Application
      5. By Country
        1. US
        2. Mexico
        3. Canada
    3. The US Big Data Analytics in Healthcare Market Outlook 2015- 2025F
      1. Market Size & Analysis
        1. By Revenues
      2. Market Share & Analysis
        1. By Component
        2. By Mode of Deployment
        3. By Analytics Type
        4. By Application
        5. By End User
        6. By Region
    4. Canada Big Data Analytics in Healthcare Market Outlook 2015- 2025F
      1. Market Size & Analysis
        1. By Revenues
      2. Market Share & Analysis
        1. By Component
        2. By Mode of Deployment
        3. By Analytics Type
        4. By Application
        5. By End User
        6. By Region
    5. Mexico Big Data Analytics in Healthcare Market Outlook 2015- 2025F
      1. Market Size & Analysis
        1. By Revenues
      2. Market Share & Analysis
        1. By Component
        2. By Mode of Deployment
        3. By Analytics Type
        4. By Application
        5. By End User
        6. By Region
  5. South America Big Data Analytics in Healthcare Market Outlook 2015- 2025F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Component
      2. By Mode of Deployment
      3. By Analytics Type
      4. By Application
      5. By End User
      6. By Country
        1. Brazil
        2. Others
  6. Brazil Big Data Analytics in Healthcare Market Outlook 2015- 2025F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Component
      2. By Mode of Deployment
      3. By Analytics Type
      4. By Application
      5. By End User
      6. By Region
  7. Europe Big Data Analytics in Healthcare Market Outlook 2015- 2025F
    1. Market Size & Analysis
    2. Market Size & Analysis
      1. By Revenues
    3. Market Share & Analysis
      1. By Component
      2. By Mode of Deployment
      3. By Analytics Type
      4. By Application
      5. By End User
      6. By Country
        1. Germany
        2. France
        3. UK
        4. Italy
        5. Belgium
  8. Germany Big Data Analytics in Healthcare Market Outlook 2015- 2025F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Component
      2. By Mode of Deployment
      3. By Analytics Type
      4. By Application
      5. By End User
      6. By Region
  9. France Big Data Analytics in Healthcare Market Outlook 2015- 2025F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Component
      2. By Mode of Deployment
      3. By Analytics Type
      4. By Application
      5. By End User
      6. By Region
  10. Italy Big Data Analytics in Healthcare Market Outlook 2015- 2025F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Component
      2. By Mode of Deployment
      3. By Analytics Type
      4. By Application
      5. By End User
      6. By Region
  11. The UK Big Data Analytics in Healthcare Market Outlook 2015- 2025F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Component
      2. By Mode of Deployment
      3. By Analytics Type
      4. By Application
      5. By End User
      6. By Region
  12. Russia & CIS Big Data Analytics in Healthcare Market Outlook 2015- 2025F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Component
      2. By Mode of Deployment
      3. By Analytics Type
      4. By Application
      5. By End User
      6. By Region
  13. Spain Big Data Analytics in Healthcare Market Outlook 2015- 2025F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Component
      2. By Mode of Deployment
      3. By Analytics Type
      4. By Application
      5. By End User
      6. By Region
  14. Asia-Pacific Big Data Analytics in Healthcare Market Outlook 2015- 2025F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Component
      2. By Mode of Deployment
      3. By Analytics Type
      4. By Application
      5. By End User
      6. By Country
        1. China
        2. India
        3. Japan
        4. South Korea
        5. South East Asia
  15. China Big Data Analytics in Healthcare Market Outlook 2015- 2025F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Component
      2. By Mode of Deployment
      3. By Analytics Type
      4. By Application
      5. By End User
      6. By Region
  16. India Big Data Analytics in Healthcare Market Outlook 2015- 2025F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Component
      2. By Mode of Deployment
      3. By Analytics Type
      4. By Application
      5. By End User
      6. By Region
  17. Japan Big Data Analytics in Healthcare Market Outlook 2015- 2025F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Component
      2. By Mode of Deployment
      3. By Analytics Type
      4. By Application
      5. By End User
      6. By Region
  18. South Korea Big Data Analytics in Healthcare Market Outlook 2015- 2025F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Component
      2. By Mode of Deployment
      3. By Analytics Type
      4. By Application
      5. By End User
      6. By Region
  19. South East Asia Big Data Analytics in Healthcare Market Outlook 2015- 2025F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Component
      2. By Mode of Deployment
      3. By Analytics Type
      4. By Application
      5. By End User
      6. By Region
  20. Middle East Big Data Analytics in Healthcare Market Outlook 2015- 2025F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Component
      2. By Mode of Deployment
      3. By Analytics Type
      4. By Application
      5. By End User
      6. By Country
        1. Saudi Arabia
        2. UAE
        3. Qatar
        4. Turkey
  21. Saudi Arabia Big Data Analytics in Healthcare Market Outlook 2015- 2025F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Component
      2. By Mode of Deployment
      3. By Analytics Type
      4. By Application
      5. By End User
      6. By Region
  22. UAE Big Data Analytics in Healthcare Market Outlook 2015- 2025F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Component
      2. By Mode of Deployment
      3. By Analytics Type
      4. By Application
      5. By End User
      6. By Region
  23. Turkey Big Data Analytics in Healthcare Market Outlook 2015- 2025F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Component
      2. By Mode of Deployment
      3. By Analytics Type
      4. By Application
      5. By End User
      6. By Region
  24. Qatar Big Data Analytics in Healthcare Market Outlook 2015- 2025F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Component
      2. By Mode of Deployment
      3. By Analytics Type
      4. By Application
      5. By End User
      6. By Region
  25. Africa Big Data Analytics in Healthcare Market Outlook 2015- 2025F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Component
      2. By Mode of Deployment
      3. By Analytics Type
      4. By Application
      5. By End User
      6. By Country
        1. South Africa
        2. Egypt
  26. South Africa Big Data Analytics in Healthcare Market Outlook 2015- 2025F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Component
      2. By Mode of Deployment
      3. By Analytics Type
      4. By Application
      5. By End User
      6. By Region
  27. Egypt Big Data Analytics in Healthcare Market Outlook 2015- 2025F
    1. Market Size & Analysis
      1. By Revenues
    2. Market Share & Analysis
      1. By Component
      2. By Mode of Deployment
      3. By Analytics Type
      4. By Application
      5. By End User
      6. By Region
  28. Global Big Data Analytics in Healthcare Market Policies, Regulations, Product Standards  
  29. Global Big Data Analytics in Healthcare Market Trends & Insights
  30. Global Big Data Analytics in Healthcare Market Dynamics
    1. Growth Drivers
    2. Challenges
    3. Impact Analysis
  31. Global Big Data Analytics in Healthcare Market Hotspot and Opportunities
  32. Global Big Data Analytics in Healthcare Market Key Strategic Imperatives for Success and Growth
  33. Competition Outlook
    1. Competition Matrix
      1. Product Portfolio
      2. Brand Specialization
      3. Target Markets
      4. Target End Users
      5. Research & Development
      6. Strategic Alliances
      7. Strategic Initiatives
    2. Company Profiles (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
      1. IBM Corporation
      2. Optum, Inc.
      3. Cerner Corporation
      4. SAS Institute, Inc.
      5. Allscripts Health Solutions
      6. McKesson Corporation
      7. MedeAnalytics, Inc.
      8. Inovalon
      9. Oracle Corporation
      10.  Health Catalyst
  34. Disclaimer

 

 

 


Global Big Data Analytics in Healthcare Market Segmentation

MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

Data Trangulation

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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