Big Data Analytics in Healthcare Market to Reach $22,743.1 Million

Under the Health Information Technology for Economic and Clinical Health (HITECH) Act, in the U.S., healthcare organizations and physicians are rewarded for adopting electronic health records (EHR). The program was initiated by the federal government to push the adoption of this technology. Similarly, the governments of various other countries are also trying to encourage public and private healthcare organizations to implement this digital database. Governments have established bodies, including National e-health Authority in India, which is meant for developing standards and rules for developing EHR. Since the data on paper is being digitized rapidly, software such as EHR have become important for big data analysis. It enables healthcare providers to gain qualitative and useful insights of patients’ data. Through the use of services such as predictive and descriptive analytics, big data analytics helps in providing patient-centric personalized medicine, decreasing patients’ health...