Triton Market Research, in its report on the Big Data analytics in healthcare market in the Asia-Pacific region, has determined that it will progress at a CAGR of 23.60% in the forecasted period 2019-2028.
The countries studied in the Asia-Pacific Big Data analytics in healthcare market are:
• South Korea
• China
• ASEAN countries
• Japan
• India
• Australia & New Zealand
• Rest of APAC countries
In China, massive regional data centers have been building to house medical records, insurance claims, birth & death registries and other associated information. The country is making rigorous efforts in developing precision medicine, which is tailoring treatments based on the genetic profile of a person. The escalating population of 1.4 billion in China and the favorable government that is willing to promote the sharing of data aids the healthcare AI companies to grow in the regional market. These developments indicate the growth of Big Data analytics in healthcare in the coming years.
The Indian vendors use systems like EHR (electronic health records) and HIS (hospital information systems) with a view to making their corporation productive. The wearables market in India is growing at a steady rate, about 168.3% of year-over-year growth in the year 2019, and thus ending the year with 14.9 million units. The basic wearables sector continues to dominate the wearables market in India. Smart wearables capable of running third-party applications on the device also witnessed sustainable growth as compared to the previous year. As these wearables are used in the Big Data analytics in healthcare market, an increase in its adoption will consequently lead to the regional market’s growth.
Allscripts Healthcare Solutions Inc is a company that provides healthcare information technology solutions. The company provides solutions, including Financial Management Solutions, Electronic Health Records (EHR), Precision Medicine and Population Health Management solutions. It also offers services like managed IT services, consulting services, education and hosting services. The company operates in different regions, including the Asia-Pacific.
Few companies in Big Data analytics in healthcare market are SAP SE, Tableau Software LLC, Allscripts Healthcare LLC, eClinicalworks, International Business Machines Corporation, Oracle, Epic Systems Corporation, Cerner Corporation, Siemens Healthcare Private Limited, Sas Institute Inc, Cognizant, Aetna Inc, Premier, General Electric Company, CPSI (Computer Programs And Systems Inc), Health Catalyst, Philips NV, Dell Technologies Inc and McKesson Corporation.