The Digital Transformation in Healthcare Market, valued at USD 3.6 billion in 2023, is projected to reach USD 8.8 billion by 2030, growing at a CAGR of 12.1%. This growth is driven by the integration of technologies like AI, telemedicine, and electronic health records, enhancing patient care and operational efficiency. The increasing demand for personalized medicine and automation further propels the adoption of digital solutions in healthcare.
Oracle Corporation's acquisition of Cerner for $28.3 billion is set to transform healthcare delivery by enhancing medical information systems, reducing administrative burdens, and improving patient privacy and outcomes. The healthcare data monetization market is projected to grow significantly, reaching $1.7 billion by 2028, driven by the widespread adoption of electronic health records. North America leads this market, with key players including Google, Microsoft, and Siemens.
The healthcare middleware market is projected to grow from USD 2.99 billion in 2022 to USD 6.76 billion by 2031, driven by advancements in big data analytics and cloud-based solutions. Key developments include partnerships between Microsoft and Epic to enhance AI integration, and Oracle's updates to improve patient care and reduce costs. North America leads in market share, while the Asia Pacific region is expected to experience the highest growth rate.
The global big data healthcare market is projected to grow from $23.93 billion in 2023 to $28.98 billion in 2024, with a CAGR of 21.1%, reaching $61.91 billion by 2028 at a CAGR of 20.9%. Key growth drivers include the adoption of electronic health records and a shift towards value-based care. North America leads the market, while Asia-Pacific is expected to be the fastest-growing region.
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