Global Big Data Healthcare Market: Regional Insights
Based on geography, the global big data healthcare market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Among regions, North America is expected to gain highest share in the market over the forecast period owing to the increase in the demand for analytics solutions, growing volume of electronic health records, and increase in adoption of big data in healthcare industry. For instance, the region has a vast array of patient information due to its well-established healthcare infrastructure. As per the data published during 2019-21 by HealthIT.gov, around 86% of non-Federal general acute care hospitals had adopted a certified electronic health record (EHR). With the rise in adoption of EHR, the use of big data in healthcare is also increasing rapidly.
Europe and Asia Pacific are also expected to witness robust growth in the global big data healthcare market owing to the increase in adoption of big data in healthcare industry, increase in demand for big data solutions, and increase in the demand for analytics solutions in these regions. For instance, big data analytics has potential to transform health care in the coming years. BigMedilytics (Big Data for Medical Analytics) is the largest EU-funded initiative to transform the region’s healthcare sector by using state-of-the-art big data technologies in the healthcare sector by delivering better access to healthcare facilities, improving patient outcomes, and reducing cost.
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