Global big data in healthcare was a $14.7 billion market in 2018 and could grow at a CAGR of around 20% to reach $42.8 billion over the next four years. All thanks to increased adoption of Electronic Health Records, and the government’s interest in adopting a healthcare information system. “Moreover, increasing government funding and expenditure for the development of healthcare IT solution are promoting the adoption of electronic health records, globally,” as reported by Reportlinker.
In addition, increasing adoption of mobile health apps and wearable devices, are further stressing on the need for managing large amount of data to obtain critical information, thereby driving the demand for big data in healthcare sector, added Reportlinker.
Plus, the U.S. Cybersecurity and Infrastructure Security Agency (CISA), with the Federal Bureau of Investigation and the Department of Health and Human Services, have issued a cybersecurity advisory to the U.S. healthcare sector regarding a concerted effort to compromise and take hostage the computer systems of healthcare providers.