Middle East & Africa big data in healthcare market to grow at a CAGR of 21.70 % during the forecasted period 2014-2022. Analytics services commands the largest market share of 55.1 % of total Middle East & Africa big data in healthcare market. The market for analytics services was valued at USD 1100.03 million in 2015 and expected to reach at USD 4006.69 million by 2022.
Big data refer to large set of database which can be structured on unstructured. In healthcare big data means to use the analytical service which is prescriptive, predictive and descriptive to evaluates the information of patient’s healthcare data. Increasing revenue of business of healthcare companies, hospitals and clinics and a speedy growth of health care sector in Middle East & Africa is major driving factor for the growth of the market. Application like mHealth and Internet of Things (IOT) has provided a facility to share the patients’ health status with respective physician for further treatment.
Middle East & Africa big data in healthcare market has been segmented on the basis of component and services into Analytical services, software and Hardware. On the basis of analytic service applications the market is segmented as clinical data analytics, financial analytics and operational analytics. And on the basis of region Middle East & Africa big data in healthcare market is segmented into Germany, France, Italy, Spain, UK and rest of Middle East & Africa
The Middle East & Africa big data in healthcare market, by component and services is growing rapidly. Analytics services segment accounted for the largest market share in 2015 which is expected to reach USD 4006.69 million by 2022 from USD 1100.03 million in 2015. Software segment is the fastest growing segment, which is growing at the fastest CAGR of 23.86 % during the forecast period from 2014-2022
Financial Analytics accounted for the largest market share of Middle East & Africa big data in healthcare market on the basis of analytic service applications which is USD 525.30 million in 2015 and expected to reach at USD 2,165.68 million by 2022. The market is growing at the CAGR of 19.00 % during the forecast period from 2014- 2022. Clinical Data Analytics is the fastest growing region which is expected to grow at a CAGR of 22.37 % during forecasted period from 2014-2022
Middle East & Africa big data in healthcare market statistical report published by Market Research future contains a brief overview of Middle East & Africa big data in healthcare market. Analytic services commands the largest share and is expected to grow continuously during the forecasted period of 2014-2022. The report analyzed the Middle East & Africa big data in healthcare market and presents systematic data of market share on the basis of country, type, and industry and its growth rate for 2015 to 2016, along with forecast till 2022.
Market Research future through this report aims to provide understanding of the Middle East & Africa big data in healthcare market on the basis of country, type, and industry and also assists identification of ongoing trends along with anticipated growth during the forecasted period. For this report, extensive primary research was conducted to gain a deeper insight of the market performance. Various industry experts and Key Opinion Leaders (KOLs) were contacted and interviewed to get an idea of Middle East & Africa big data in healthcare market.
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