What is Big Data in Healthcare and How is it Used?by@itrex
335 reads

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

May 29th 2021
13m
by @itrex 335 reads
tldt arrow
Read on Terminal Reader
Read this story w/o Javascript

Too Long; Didn't Read

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.

Companies Mentioned

Mention Thumbnail
Mention Thumbnail
featured image - What is Big Data in Healthcare and How is it Used?
ITRex HackerNoon profile picture

@itrex

ITRex

Emerging Tech Development & Consulting: Artificial Intelligence. Advanced Analytics. Machine Learning. Big Data. Cloud


Receive Stories from @itrex

react to story with heart
ITRex HackerNoon profile picture
by ITRex @itrex.Emerging Tech Development & Consulting: Artificial Intelligence. Advanced Analytics. Machine Learning. Big Data. Cloud
Bring us your challenge!

RELATED STORIES

L O A D I N G
. . . comments & more!