Market Forecasts and Industry Analysis Global Big Data Spending in Healthcare Industry to
Global Big Data Spending in Healthcare
Industry to Grow at a CAGR of 42% from
2014-2019
“Big data in the healthcare industry refers to a
large and complex electronic health data that is
difficult to manage with conventional software or
hardware or data management tools. Big data in the
healthcare industry is tremendous because of its
volume, variety, and velocity required to manage
it.”
Big data in the healthcare industry refers to a large and complex electronic health data that is
difficult to manage with conventional software or hardware or data management tools. Big data in the
healthcare industry is tremendous because of its volume, variety, and velocity required to manage it.
This includes a wide variety of data ranging from patient data in electronic medical records, clinical
data, data from sensors monitoring vital signs, emergency care data to news feeds.
Also, it includes social media data from Facebook, Twitter, and blogs, and data from clinical decision
support systems such as medical imaging, pharmacy, lab, prescriptions, and insurance. Big data in the
healthcare industry is gaining traction to improve the quality of healthcare services. It also supports a
wide range of healthcare functions such as disease surveillance, clinical decision support, and
population health management. Also, big data analytics in the healthcare industry helps generate
powerful insights about patient health and behavior and hence improve the quality of healthcare at
lower costs.
Complete Report Available @ https://www.radiantinsights.com/research/global-
big-data-spending-in-healthcare-industry-2015-2019
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