The projected value of big data-based financial analytics services in healthcare stands at more than 13 bn USD by 2025. However, with data and technology being the two major drivers of transformation and growth in the healthcare industry, we expect the figure to be actually higher than this.
However, what makes big data analytics of such a big consequence in healthcare? How can it spur what the global technology and business experts are calling the Fourth Industrial Revolution in the healthcare sector?
And what are the major applications of big data analytics in the healthcare industry?
Let’s explore the answers to all these questions and examine the various big data analytics use cases in the global healthcare industry.