Big Data Analytics in Healthcare Market to Register a 21.8% CAGR in Near Future
by navdeep kaurav Research Analyst The introduction of personalized healthcare systems and demand for high-quality healthcare services are the two major drivers of the big data analytics in healthcare market growth. Healthcare providers are improving their abilities through the understanding of a patient’s response to a particular treatment, to offer personalized and affordable healthcare services.The players in the big data analytics in healthcare market are focusing on acquisitions and partnerships, in order to provide differentiated products and services. This would ensure ease of accessibility to patients’ EHR and structured data sets for a better insight into patient history, so that analysis can be done accordingly. For instance, in January 2018, Allscripts Healthcare Solutions acquired Practice Fusion, a cloud-based EHR solution provider, for $100 million. This acquisition was aimed at improving Allscripts’s big data insights and analytics, data sharing technologies, and clinical trial solutions. This will enable life sciences organizations to more quickly and efficiently develop life-changing therapies.
Some of the other key players operating in the global big data analytics in healthcare market are McKesson Corporation, Cognizant Technology Solutions Corporation, Epic System Corporation, Cerner Corporation, Dell Inc., GE Healthcare, Siemens AG, Koninklijke Philips N.V., and Xerox Corporation.
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Created on Dec 24th 2019 03:31. Viewed 328 times.