The Healthcare Sector is evolving at a fast rate and the need to manage patient care and invent medicines for new diseases has increased. The rise in such necessities has opened the doors for adopting & deploying new technologies in healthcare like the use of Big Data and Analytics.
Faced with unsustainable costs and enormous amounts of under-utilized data, health care needs more efficient practices and tools that can harness the full benefits of this available data. In future patients will get full assessment of their health, a personalised disease management and wellness plan, all thanks to Big data technologies.
At a time when healthcare costs are skyrocketing, top key players in healthcare have seen this as an opportunity to expand the healthcare periphery with relatively new terms like ‘precision medicine’ and ‘personalized healthcare’ by bringing in cutting-edge Big data technologies.
Research Report Inc, a leading market research company, has shed light in its recent press- release on the efforts made by these enterprises including Abzooba to bring about an upsurge in Big data investments in the healthcare gamut. Some of the focus areas of the press release can be summed up to the rise in demand for financial analytics in healthcare and the growing need for exploring unstructured & structured data present in the healthcare industry, besides stressing on the need for patient-oriented insurance-plan design policies.