The North America big data analytics in healthcare market, valued at $9.36 billion in 2017, is projected to reach $34.16 billion by 2025, growing at a CAGR of 17.7%. Key drivers include the demand for population health management solutions and the shift to value-based care, despite challenges like skilled labor shortages and data security concerns. Major players include All Scripts, Cerner, and IBM, with trends leaning towards machine learning and AI integration to enhance analytics capabilities.
The healthcare sector faces an escalating threat from cyber-attacks, particularly during the pandemic, as hackers employ advanced techniques to target firms for data breaches and ransomware. The demand for cybersecurity solutions is surging, with the service segment projected to grow at a CAGR of 17.8% from 2021 to 2030. North America currently leads the market, while Asia-Pacific is expected to experience the fastest growth, driven by increasing cybersecurity needs.
The Blockchain in Healthcare market is projected to grow from $531.19 million in 2021 to $16.30 billion by 2031, achieving a CAGR of 40.8%. Key drivers include enhanced data security, improved interoperability, and efficient supply chain management, with major players like IBM and Oracle leading the sector. The market analysis covers various applications, including medical records management and clinical trials, highlighting significant opportunities for both established and new entrants.
Eli Lilly launched LillyDirect in January 2024, a digital healthcare platform targeting obesity and diabetes management. The global telehealth market is projected to grow from $84.4 billion in 2022 to $784.3 billion by 2032, driven by healthcare digitalization and increased patient engagement, despite challenges like behavioral interferences during remote monitoring. North America leads the market, while the Asia-Pacific region is expected to grow the fastest, highlighting significant opportunities for data analytics and improved patient outcomes.
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