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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.