Europe Healthcare Big Data Analytics Market Industry Share, Business Growth, Top Key Players, Size.

According to the latest report by IMARC Group, titled “Europe Healthcare Big Data Analytics Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the Europe healthcare big data analytics market share is currently witnessing robust growth. Looking forward, IMARC Group, the market is expected to continue its robust growth during 2020-2025. Healthcare big data analytics assist in collecting, analyzing, and utilizing the physical and clinical data of the patient. The propulsion of value-based care and the increasing digitization of healthcare information have bolstered the adoption of big data analytics to make strategic decisions. Big data analytics have gained traction in the healthcare industry as they offer accurate data handling, focus on consumer interests, and reduce healthcare costs. Besides this, the analytics also detect healthcare frauds and analyze clinical trials and patient records.

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic. These observations will be integrated into the report.

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Market Trends:

The increasing demand for automated solutions, along with the rising penetration of digitization trends in the healthcare industry, is augmenting the market for healthcare big data analytics in Europe. The growing adoption of healthcare big data analytics for customizing treatment plans and improving overall clinical operations is also driving the market. Moreover, the sudden outbreak of the COVID-19 pandemic has led to the surging demand for predictive analytics, descriptive analytics, and prescriptive analytics in the healthcare sector. These techniques assist hospital-in-charge personnel in processing sensors data to determine the critical condition of a patient and immediately alert the doctors. Additionally, the extensive R&D activities with constant government support for upgrading healthcare facilities are expected to further strengthen the market for healthcare big data analytics in Europe over the forecasted period.

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Key Market Segmentation:

Market Breakup by Component:

• Services

• Software

  • Electronic Health Record Software

  • Practice Management

  • Workforce Management

• Hardware

  • Data Storage

  • Routers

  • Firewalls

  • Virtual Private Networks

  • E-Mail Servers

  • Others

Market Breakup by Analytics Type:

• Descriptive Analytics

• Predictive Analytics

• Prescriptive Analytics

• Cognitive Analytics

Market Breakup by Delivery Model:

• On-Premise Delivery Model

• On-Demand Delivery Model

Market Breakup by Application:

• Financial Analytics

• Clinical Analytics

• Operational Analytics

• Others

Market Breakup by End User:

• Hospitals and Clinics

• Finance and Insurance Agencies

• Research Organizations

Market Breakup by Country:

• Germany

• France

• United Kingdom

• Italy

• Spain

• Others

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key Highlights of the Report:

• Market Performance (2014-2019)

• Market Outlook (2020-2025)

• Porter’s Five Forces Analysis

• Market Drivers and Success Factors

• SWOT Analysis

• Value Chain

• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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