The Europe Big Data Analytics in Healthcare Market would witness market growth of 19.0% CAGR during the forecast period (2023-2029).
The market is expanding because big data analytics management is becoming complicated, more analytics services are available, and end users can access affordable big data solutions & services. The volume of data produced across many industries due to changes in the business environment is the primary driver of the big data industry's expansion.
Gaining useful insight from complex heterogeneous patient sources, averaging patient records and social information from various sources, handling a large volume of medical imaging data efficiently, correctly understanding unmanaged clinical notes, understanding the patient's behavior data & personal data, and their various medical conditions are some of the difficulties posed in the healthcare industry. Major analytics tools must continually advance technology to manage such vast data. This creates a strong opportunity for major industry players to develop and launch new data analytics systems and software.
Clinical data analytics is essential in the healthcare sector for diagnosing, treating, avoiding, and predicting sickness and enhancing the standard of care. Several healthcare organizations and businesses are considering integrating clinical data into their operations to deliver preventative care. This is accomplished by carefully tracking patient data and enhancing their offerings' effectiveness. Healthcare professionals can prescribe treatments and reach more precise clinical conclusions due to the improved insights provided by big data in this area. Big data analytics in healthcare market will profit from these advantages.
The largest project the EU supports is BigMedilytics (Big Data for Medical Analytics). By utilizing cutting-edge big data technology, BigMedilytics will revolutionize the healthcare industry in Europe by lowering costs, enhancing patient outcomes, and facilitating better access to healthcare facilities. The project consists of 12 pilots that cover every aspect of the healthcare continuum, from prevention to diagnosis, treatment, and home care. It addresses the three themes that include oncology, population health & chronic disease management, and industrialization of healthcare services that will have the greatest impact on the industry. The rise of regional big data analytics in the healthcare sector is predicted to be supported by such initiatives in Europe.
The Germany market dominated the Europe Big Data Analytics in Healthcare Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $8,504.5 million by 2029. The UK market is anticipated to grow at a CAGR of 18% during (2023 - 2029). Additionally, The France market would exhibit a CAGR of 19.9% during (2023 - 2029).
Based on Component, the market is segmented into Software and Services. Based on End User, the market is segmented into Hospitals & Clinics, Finance & Insurance Agencies and Research Organizations. Based on Analytics Type, the market is segmented into Descriptive Analytics, Predictive Analytics, Prescriptive Analytics and Diagnostic Analytics. Based on Application, the market is segmented into Clinical Analytics, Financial Analytics and Operational Analytics. Based on Deployment, the market is segmented into On-premise and Cloud. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide Big Data Analytics in Healthcare Market is Projected to reach USD 130.2 Billion by 2029, at a CAGR of 19.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Oracle Corporation (Cerner Corporation), Veradigm, Inc., GE HealthCare Technologies, Inc., IBM Corporation, Epic Systems Corporation, UnitedHealth Group, Inc. (Optum, Inc.), Cognizant Technology Solutions Corporation, KT Corporation, Hewlett Packard Enterprise Company, and Health Fidelity, Inc. (Edifecs, Inc.).
Scope of the Study
Market Segments Covered in the Report:
By Component
By End User
- Hospitals & Clinics
- Finance & Insurance Agencies
- Research Organizations
By Analytics Type
- Descriptive Analytics
- Predictive Analytics
- Prescriptive Analytics
- Diagnostic Analytics
By Application
- Clinical Analytics
- Financial Analytics
- Operational Analytics
By Deployment
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Oracle Corporation (Cerner Corporation)
- Veradigm, Inc.
- GE HealthCare Technologies, Inc.
- IBM Corporation
- Epic Systems Corporation
- UnitedHealth Group, Inc. (Optum, Inc.)
- Cognizant Technology Solutions Corporation
- KT Corporation
- Hewlett Packard Enterprise Company
- Health Fidelity, Inc. (Edifecs, Inc.)
TABLE 1 Europe Big Data Analytics in Healthcare Market, 2019 - 2022, USD Million
TABLE 2 Europe Big Data Analytics in Healthcare Market, 2023 - 2029, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Big Data Analytics in Healthcare Market
TABLE 4 Product Launches And Product Expansions– Big Data Analytics in Healthcare Market
TABLE 5 Acquisition and Mergers– Big Data Analytics in Healthcare Market
TABLE 6 Europe Big Data Analytics in Healthcare Market by Component, 2019 - 2022, USD Million
TABLE 7 Europe Big Data Analytics in Healthcare Market by Component, 2023 - 2029, USD Million
TABLE 8 Europe Software Market by Country, 2019 - 2022, USD Million
TABLE 9 Europe Software Market by Country, 2023 - 2029, USD Million
TABLE 10 Europe Services Market by Country, 2019 - 2022, USD Million
TABLE 11 Europe Services Market by Country, 2023 - 2029, USD Million
TABLE 12 Europe Big Data Analytics in Healthcare Market by End User, 2019 - 2022, USD Million
TABLE 13 Europe Big Data Analytics in Healthcare Market by End User, 2023 - 2029, USD Million
TABLE 14 Europe Hospitals & Clinics Market by Country, 2019 - 2022, USD Million
TABLE 15 Europe Hospitals & Clinics Market by Country, 2023 - 2029, USD Million
TABLE 16 Europe Finance & Insurance Agencies Market by Country, 2019 - 2022, USD Million
TABLE 17 Europe Finance & Insurance Agencies Market by Country, 2023 - 2029, USD Million
TABLE 18 Europe Research Organizations Market by Country, 2019 - 2022, USD Million
TABLE 19 Europe Research Organizations Market by Country, 2023 - 2029, USD Million
TABLE 20 Europe Big Data Analytics in Healthcare Market by Analytics Type, 2019 - 2022, USD Million
TABLE 21 Europe Big Data Analytics in Healthcare Market by Analytics Type, 2023 - 2029, USD Million
TABLE 22 Europe Descriptive Analytics Market by Country, 2019 - 2022, USD Million
TABLE 23 Europe Descriptive Analytics Market by Country, 2023 - 2029, USD Million
TABLE 24 Europe Predictive Analytics Market by Country, 2019 - 2022, USD Million
TABLE 25 Europe Predictive Analytics Market by Country, 2023 - 2029, USD Million
TABLE 26 Europe Prescriptive Analytics Market by Country, 2019 - 2022, USD Million
TABLE 27 Europe Prescriptive Analytics Market by Country, 2023 - 2029, USD Million
TABLE 28 Europe Diagnostic Analytics Market by Country, 2019 - 2022, USD Million
TABLE 29 Europe Diagnostic Analytics Market by Country, 2023 - 2029, USD Million
TABLE 30 Europe Big Data Analytics in Healthcare Market by Application, 2019 - 2022, USD Million
TABLE 31 Europe Big Data Analytics in Healthcare Market by Application, 2023 - 2029, USD Million
TABLE 32 Europe Clinical Analytics Market by Country, 2019 - 2022, USD Million
TABLE 33 Europe Clinical Analytics Market by Country, 2023 - 2029, USD Million
TABLE 34 Europe Financial Analytics Market by Country, 2019 - 2022, USD Million
TABLE 35 Europe Financial Analytics Market by Country, 2023 - 2029, USD Million
TABLE 36 Europe Operational Analytics Market by Country, 2019 - 2022, USD Million
TABLE 37 Europe Operational Analytics Market by Country, 2023 - 2029, USD Million
TABLE 38 Europe Big Data Analytics in Healthcare Market by Deployment, 2019 - 2022, USD Million
TABLE 39 Europe Big Data Analytics in Healthcare Market by Deployment, 2023 - 2029, USD Million
TABLE 40 Europe On-premise Market by Country, 2019 - 2022, USD Million
TABLE 41 Europe On-premise Market by Country, 2023 - 2029, USD Million
TABLE 42 Europe Cloud Market by Country, 2019 - 2022, USD Million
TABLE 43 Europe Cloud Market by Country, 2023 - 2029, USD Million
TABLE 44 Europe Big Data Analytics in Healthcare Market by Country, 2019 - 2022, USD Million
TABLE 45 Europe Big Data Analytics in Healthcare Market by Country, 2023 - 2029, USD Million
TABLE 46 Germany Big Data Analytics in Healthcare Market, 2019 - 2022, USD Million
TABLE 47 Germany Big Data Analytics in Healthcare Market, 2023 - 2029, USD Million
TABLE 48 Germany Big Data Analytics in Healthcare Market by Component, 2019 - 2022, USD Million
TABLE 49 Germany Big Data Analytics in Healthcare Market by Component, 2023 - 2029, USD Million
TABLE 50 Germany Big Data Analytics in Healthcare Market by End User, 2019 - 2022, USD Million
TABLE 51 Germany Big Data Analytics in Healthcare Market by End User, 2023 - 2029, USD Million
TABLE 52 Germany Big Data Analytics in Healthcare Market by Analytics Type, 2019 - 2022, USD Million
TABLE 53 Germany Big Data Analytics in Healthcare Market by Analytics Type, 2023 - 2029, USD Million
TABLE 54 Germany Big Data Analytics in Healthcare Market by Application, 2019 - 2022, USD Million
TABLE 55 Germany Big Data Analytics in Healthcare Market by Application, 2023 - 2029, USD Million
TABLE 56 Germany Big Data Analytics in Healthcare Market by Deployment, 2019 - 2022, USD Million
TABLE 57 Germany Big Data Analytics in Healthcare Market by Deployment, 2023 - 2029, USD Million
TABLE 58 UK Big Data Analytics in Healthcare Market, 2019 - 2022, USD Million
TABLE 59 UK Big Data Analytics in Healthcare Market, 2023 - 2029, USD Million
TABLE 60 UK Big Data Analytics in Healthcare Market by Component, 2019 - 2022, USD Million
TABLE 61 UK Big Data Analytics in Healthcare Market by Component, 2023 - 2029, USD Million
TABLE 62 UK Big Data Analytics in Healthcare Market by End User, 2019 - 2022, USD Million
TABLE 63 UK Big Data Analytics in Healthcare Market by End User, 2023 - 2029, USD Million
TABLE 64 UK Big Data Analytics in Healthcare Market by Analytics Type, 2019 - 2022, USD Million
TABLE 65 UK Big Data Analytics in Healthcare Market by Analytics Type, 2023 - 2029, USD Million
TABLE 66 UK Big Data Analytics in Healthcare Market by Application, 2019 - 2022, USD Million
TABLE 67 UK Big Data Analytics in Healthcare Market by Application, 2023 - 2029, USD Million
TABLE 68 UK Big Data Analytics in Healthcare Market by Deployment, 2019 - 2022, USD Million
TABLE 69 UK Big Data Analytics in Healthcare Market by Deployment, 2023 - 2029, USD Million
TABLE 70 France Big Data Analytics in Healthcare Market, 2019 - 2022, USD Million
TABLE 71 France Big Data Analytics in Healthcare Market, 2023 - 2029, USD Million
TABLE 72 France Big Data Analytics in Healthcare Market by Component, 2019 - 2022, USD Million
TABLE 73 France Big Data Analytics in Healthcare Market by Component, 2023 - 2029, USD Million
TABLE 74 France Big Data Analytics in Healthcare Market by End User, 2019 - 2022, USD Million
TABLE 75 France Big Data Analytics in Healthcare Market by End User, 2023 - 2029, USD Million
TABLE 76 France Big Data Analytics in Healthcare Market by Analytics Type, 2019 - 2022, USD Million
TABLE 77 France Big Data Analytics in Healthcare Market by Analytics Type, 2023 - 2029, USD Million
TABLE 78 France Big Data Analytics in Healthcare Market by Application, 2019 - 2022, USD Million
TABLE 79 France Big Data Analytics in Healthcare Market by Application, 2023 - 2029, USD Million
TABLE 80 France Big Data Analytics in Healthcare Market by Deployment, 2019 - 2022, USD Million
TABLE 81 France Big Data Analytics in Healthcare Market by Deployment, 2023 - 2029, USD Million
TABLE 82 Russia Big Data Analytics in Healthcare Market, 2019 - 2022, USD Million
TABLE 83 Russia Big Data Analytics in Healthcare Market, 2023 - 2029, USD Million
TABLE 84 Russia Big Data Analytics in Healthcare Market by Component, 2019 - 2022, USD Million
TABLE 85 Russia Big Data Analytics in Healthcare Market by Component, 2023 - 2029, USD Million
TABLE 86 Russia Big Data Analytics in Healthcare Market by End User, 2019 - 2022, USD Million
TABLE 87 Russia Big Data Analytics in Healthcare Market by End User, 2023 - 2029, USD Million
TABLE 88 Russia Big Data Analytics in Healthcare Market by Analytics Type, 2019 - 2022, USD Million
TABLE 89 Russia Big Data Analytics in Healthcare Market by Analytics Type, 2023 - 2029, USD Million
TABLE 90 Russia Big Data Analytics in Healthcare Market by Application, 2019 - 2022, USD Million
TABLE 91 Russia Big Data Analytics in Healthcare Market by Application, 2023 - 2029, USD Million
TABLE 92 Russia Big Data Analytics in Healthcare Market by Deployment, 2019 - 2022, USD Million
TABLE 93 Russia Big Data Analytics in Healthcare Market by Deployment, 2023 - 2029, USD Million
TABLE 94 Spain Big Data Analytics in Healthcare Market, 2019 - 2022, USD Million
TABLE 95 Spain Big Data Analytics in Healthcare Market, 2023 - 2029, USD Million
TABLE 96 Spain Big Data Analytics in Healthcare Market by Component, 2019 - 2022, USD Million
TABLE 97 Spain Big Data Analytics in Healthcare Market by Component, 2023 - 2029, USD Million
TABLE 98 Spain Big Data Analytics in Healthcare Market by End User, 2019 - 2022, USD Million
TABLE 99 Spain Big Data Analytics in Healthcare Market by End User, 2023 - 2029, USD Million
TABLE 100 Spain Big Data Analytics in Healthcare Market by Analytics Type, 2019 - 2022, USD Million
TABLE 101 Spain Big Data Analytics in Healthcare Market by Analytics Type, 2023 - 2029, USD Million
TABLE 102 Spain Big Data Analytics in Healthcare Market by Application, 2019 - 2022, USD Million
TABLE 103 Spain Big Data Analytics in Healthcare Market by Application, 2023 - 2029, USD Million
TABLE 104 Spain Big Data Analytics in Healthcare Market by Deployment, 2019 - 2022, USD Million
TABLE 105 Spain Big Data Analytics in Healthcare Market by Deployment, 2023 - 2029, USD Million
TABLE 106 Italy Big Data Analytics in Healthcare Market, 2019 - 2022, USD Million
TABLE 107 Italy Big Data Analytics in Healthcare Market, 2023 - 2029, USD Million
TABLE 108 Italy Big Data Analytics in Healthcare Market by Component, 2019 - 2022, USD Million
TABLE 109 Italy Big Data Analytics in Healthcare Market by Component, 2023 - 2029, USD Million
TABLE 110 Italy Big Data Analytics in Healthcare Market by End User, 2019 - 2022, USD Million
TABLE 111 Italy Big Data Analytics in Healthcare Market by End User, 2023 - 2029, USD Million
TABLE 112 Italy Big Data Analytics in Healthcare Market by Analytics Type, 2019 - 2022, USD Million
TABLE 113 Italy Big Data Analytics in Healthcare Market by Analytics Type, 2023 - 2029, USD Million
TABLE 114 Italy Big Data Analytics in Healthcare Market by Application, 2019 - 2022, USD Million
TABLE 115 Italy Big Data Analytics in Healthcare Market by Application, 2023 - 2029, USD Million
TABLE 116 Italy Big Data Analytics in Healthcare Market by Deployment, 2019 - 2022, USD Million
TABLE 117 Italy Big Data Analytics in Healthcare Market by Deployment, 2023 - 2029, USD Million
TABLE 118 Rest of Europe Big Data Analytics in Healthcare Market, 2019 - 2022, USD Million
TABLE 119 Rest of Europe Big Data Analytics in Healthcare Market, 2023 - 2029, USD Million
TABLE 120 Rest of Europe Big Data Analytics in Healthcare Market by Component, 2019 - 2022, USD Million
TABLE 121 Rest of Europe Big Data Analytics in Healthcare Market by Component, 2023 - 2029, USD Million
TABLE 122 Rest of Europe Big Data Analytics in Healthcare Market by End User, 2019 - 2022, USD Million
TABLE 123 Rest of Europe Big Data Analytics in Healthcare Market by End User, 2023 - 2029, USD Million
TABLE 124 Rest of Europe Big Data Analytics in Healthcare Market by Analytics Type, 2019 - 2022, USD Million
TABLE 125 Rest of Europe Big Data Analytics in Healthcare Market by Analytics Type, 2023 - 2029, USD Million
TABLE 126 Rest of Europe Big Data Analytics in Healthcare Market by Application, 2019 - 2022, USD Million
TABLE 127 Rest of Europe Big Data Analytics in Healthcare Market by Application, 2023 - 2029, USD Million
TABLE 128 Rest of Europe Big Data Analytics in Healthcare Market by Deployment, 2019 - 2022, USD Million
TABLE 129 Rest of Europe Big Data Analytics in Healthcare Market by Deployment, 2023 - 2029, USD Million
TABLE 130 key information – Hewlett Packard Enterprise Company
TABLE 131 Key information – IBM Corporation
TABLE 132 Key Information – Cognizant Technology Solutions Corporation
TABLE 133 Key Information – Oracle Corporation
TABLE 134 Key Information – Veradigm, Inc.
TABLE 135 Key Information – GE HealthCare Technologies, Inc.
TABLE 136 Key Information – UnitedHealth Group, Inc.
TABLE 137 Key Information – KT Corporation
TABLE 138 Key Information – Health Fidelity, Inc.
TABLE 139 Key Information – Epic Systems Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2021
FIG 4 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 5 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2019, Jan – 2022, Nov) Leading Players
FIG 6 Recent strategies and developments: Hewlett Packard Enterprise Company
FIG 7 SWOT analysis: Hewlett-Packard enterprise Company
FIG 8 Recent strategies and developments: IBM Corporation
FIG 9 Swot analysis: IBM Corporation
FIG 10 Recent strategies and developments: Cognizant Technology Solutions Corporation
FIG 11 Swot analysis: cognizant technology solutions corporation
FIG 12 SWOT analysis: Oracle Corporation