What is Big Data in Healthcare and How is it Used?

Written by itrex | Published 2021/05/29
Tech Story Tags: big-data | big-data-analytics | healthcare-and-big-data | healthcare-tech | medical-software-development | healthcare-software | big-data-processing | healthcare-software-solution

TLDR The global big data market in the healthcare industry is expected to reach $34.3 billion by 2022, growing at a CAGR of 22.1%. Big data analytics is the process of uncovering patterns in large amounts of data with the help of different techniques originating in mathematics, statistics, computer science, and economics. The role of big data analytics for healthcare is to extract insights that will benefit all stakeholders, from doctors to hospital managers to medical staff. The benefits include: Reducing costs, improving patient outcomes and improving competitive position.via the TL;DR App

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Written by itrex | We turn AI ambition into working systems — GenAI, data, and everything in between
Published by HackerNoon on 2021/05/29