The extensive adoption of big data analytics in the healthcare industry has further availed enhanced capabilities of monitoring behavior of patient towards a precise therapy. These services are considered to be a cost-effective alternative and gaining huge popularity for the big data analytics market in the healthcare domain.

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On the basis of deployment type, the big data analytics in healthcare market is categorized into the cloud, and on-premise deployment. Among these two deployment types, cloud deployment is anticipated to witness the fastest growth during the forecast period. With the help of cloud-based deployments, users are able to access applications from any location.

The increasing technological advancements, extensive use of cloud technology, penetration of digitalization in medicine and increasing demand for analytic solutions are the major factors driving the growth of big data analytics in healthcare market globally. Increasing advancements in technology have led to the increasing penetration of big data into healthcare domain that provides greater help in the analysis of a patient, which can be extensively used for both pre-therapy as well as post-therapy.

North America holds the largest share in the big data analytics in healthcare market due to increasing advancement and acknowledgment of big data analytics in the healthcare sector.

Key players in big data analytics in healthcare market are developing new products in order to tap a large market base and gain competitive advantage.

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The prominent players in the big data analytics in healthcare market across the globe are Microsoft Corporation, Oracle Corporation, McKesson Corporation, Vizient, Inc, IBM Corporation, Cognizant, Health Catalyst, Cisco Systems Inc. SAS Institute Inc. and Medeanalytics, Inc.

Source: VynZ Research