Big Data in Healthcare - Thematic Research

Big Data in Healthcare - Thematic Research

Summary

Big Data refers to a large amount of data that is being generated around the world at an unprecedented rate. The data set in question is huge in size and complexity, rendering traditional data management techniques inefficient for processing. The data generated falls under two categories-structured and unstructured. Some of the sources of Big Data include The New York Stock Exchange and social media sites like Facebook, which generate large amounts of new data every day. Big Data analytics deliver actionable insights based on information and raw data, acting as the driving force behind many ongoing waves of digital transformation, including artificial intelligence (AI), data science, and the Internet of Things (IoT).

There are numerous applications of Big Data that are transforming every industry, including product development and distribution, telecom, and retail sectors. For instance, the US Securities and Exchange Commission (SEC) uses Big Data to monitor the activities of the financial market. Many major healthcare companies and organizations are turning to a data-driven approach for transforming healthcare research, marketing, and practice. The core for this transformation is healthcare analytics, which will leave a vast impact on the healthcare sector by providing solutions that are automated, cost-effective, and highly efficient.

Scope

The focus of this report is on highlighting significant insights on the Big Data themes in the healthcare sector such as -
- Big data in analyzing electronic health records
- Big data in drug discovery and drug design
- Big data in clinical studies
- Big data in sales and marketing
- Big data in healthcare intelligence
- Big data in fraud detection using predictive analytics
- Big data in medical management.

Reasons to buy

The report highlights -
- Technology players in each category of the big data value chain.
- The main trends expected over the next two years in the big data theme, summarised as data trends, industry growth drivers, hardware trends, software trends, and big data trends in the healthcare sector.
- The report also examines the key segments of the big data value chain, and provides an industry analysis, including significant mergers and acquisitions.
- The impact of big data in the healthcare sector, offering recommendations for healthcare providers.
- An overview of the dimensions of the big data theme.


EXECUTIVE SUMMARY 3
PLAYERS 5
TRENDS 6
Data Trends 6
Industry Growth Drivers 7
Hardware Trends 8
Software Trends 10
Big Data Trends in the Healthcare Sector 10
VALUE CHAIN 14
INDUSTRY ANALYSIS 17
Mergers and Acquisitions 21
Timeline 22
IMPACT OF BIG DATA ON HEALTHCARE 24
Big Data in the Healthcare Sector 24
Recommendations on Big Data for Healthcare Providers 24
COMPANIES SECTION 29
Public Tech Companies 29
Private Tech Companies 31
Healthcare Companies 33
TECHNOLOGY BRIEFING 34
The Age of Distraction 34
GLOSSARY 36
APPENDIX: OUR “THEMATIC” RESEARCH METHODOLOGY 39


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