An analysis by Triton Market Research has concluded that the European Big Data analytics in healthcare market is likely to extend at a CAGR of 26.03% in the forthcoming period 2019-2028.
The countries evaluated in the Europe Big Data analytics in healthcare market are:
• Italy
• The United Kingdom
• Germany
• Russia
• France
• Spain
• Rest of Europe
In Europe, the Big Data analytics in healthcare market is anticipated to gain momentum owing to several initiative programs like AEGLE, which is an analytics framework for integrated & personalized healthcare services in Europe and MIDAS (Meaningful Integration of Data, Analytics and Services). The growing adoption of Big Data analytics in healthcare solutions due to the surging demand for pattern recognition of diseases, medical procedures and the origins of these diseases.
Major market players are trying to target end-users like research institutes, health organizations and hospitals to provide customized solutions in big data analytics. This is expected to further fuel the market growth. In addition, strong demand to deliver insights on the hospitalization process and health analysis done by government agencies of different European countries is likely to contribute toward the growth of the regional Big Data analytics in healthcare market.
The potential benefits of Big Data analytics technology are driving the growth of the United Kingdom Big Data analytics in healthcare market. The NHS (National Health Service) in the UK is positioned to take benefit from data analytics because a lot of personal data of NHS patients already exists. As they have a centralized and normalized system to maintain these records, there is a significant scope for Big Data analytics in healthcare in the country.
Siemens Healthcare is one of the business sectors of a business conglomerate, Siemens AG. It provides its services in laboratory diagnostics and medical imaging area. Headquartered in Erlangen, Germany, the company has business operations in different regions. It provides eHealth Solutions Portfoliom, which stores and analyzes data from different applications using Big Data analytics.
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.