Big Data Analytics in the Healthcare Sector to Grow Over $34.27 Billion by 2022

RESEARCH and MARKETS has announced the release of a new report, “Global Big Data in Healthcare — Estimates & Forecast, 2015-2022.” The report states that Big Data Analytics in the healthcare sector is estimated to grow over $34.27 billion by the end of 2022.
According to the press release:

Several forces are triggering the boost in the overall demand for Big Data integration in the healthcare industry. Governmental agencies are encouraging the use of Big Data in the healthcare sector. The Department of Health and Human Services (HHS) under the Health Data Initiative (HDI) is starting to release data from agencies like the Food and Drug Administration (FDA) and the Centers for Disease Control (CDC) in order to access public data of patients for clinical trials and other research activities.
The healthcare industry is in a period of rapid change. Advancements in the fields of genetics, biomedical, and information technology are paving a way towards effective personalized treatments in accordance to the individual characteristics of the patients.
Exploiting these opportunities requires effective usage of Big Data. Over time, healthcare data has been created and accumulated continuously through patient records, radiology images, clinical trials and genomic sequences.

Click here to read the full press release.