The global big data in healthcare market is poised for significant growth over the next decade, projected to expand from USD 31.46 billion in 2024 to USD 121.85 billion by 2034. This growth represents a compound annual growth rate (CAGR) of 14.5%, according to the newly released report, “Big Data in Healthcare Market Report and Forecast 2025–2034.”
Key drivers behind this expansion include the accelerated adoption of digital health technologies, the integration of artificial intelligence (AI) into clinical and administrative healthcare processes, and a surge in both public and private sector investments aimed at healthcare innovation.
Major industry players expected to dominate the market include Oracle Corporation, known for its enterprise-grade database solutions; Optum Inc, a leading health services and innovation company; and Veradigm LLC, which provides healthcare data and analytics tools.
The report emphasizes how big data solutions are transforming healthcare delivery by enabling predictive analytics, improving patient outcomes, reducing operational costs, and enhancing personalized care. Technological advancements in data storage, processing, and real-time analytics are also credited with unlocking new efficiencies across various healthcare verticals such as hospitals, clinics, and research institutions.
The forecast underscores the importance for stakeholders—including governments, healthcare providers, and technology firms—to invest in infrastructure and data management strategies, ensuring secure, ethical, and effective use of health data.
The release of this comprehensive study aims to guide industry participants in strategic decision-making, helping them to capitalize on the rapidly evolving big data landscape in the healthcare sector.
Source: https:// – Courtesy of the original publisher.
