Top Players in the Healthcare Big Data Analytics Market

The global healthcare big data analytics market size reached USD 46.80 Billion in 2024. As per the analysis by IMARC Group, the top manufacturers in the healthcare big data analytics market are employing a wide range of tools for data analytics and informatics in the healthcare sector that help organizations to capture, manage, and analyze large volumes of data for advancing medical care. The data is collected from various systems and devices, such as electronic medical records, online patient portals, health tracking devices, glucometers, and diagnostic systems. In order to assimilate this data, key players are adopting artificial intelligence (AI) and machine learning (ML) technologies, especially in imaging and diagnostic applications, that enable the identification of patterns and correlations. This provides medical centers with actionable insights for improving healthcare deliveries. For instance, patient 360 view is a process improvement tool that leverages advanced analytics and ML to bring key insights into patient health through process mapping and root cause analysis. It provides a comprehensive picture of the patient based on the data collected throughout their medical journey, such as current health conditions, social determinants of health, medications, appointment history, and daily activities and lifestyle. This information aids in offering personalized care, reducing treatment costs, predicting outbreaks of epidemics, improving the quality of life, and providing patients with a more efficient, effective, and cost-conscious healthcare ecosystem.

In addition to this, database management systems are also gaining popularity across the healthcare sector as they provide an organized storage system for managing critical health statistics, including labs, finances, patient identification, and payments. They combine open database connectivity (ODBC) and application programming interface (API), which facilitates a connection between databases present across platforms, thereby resulting in accurate data availability to medical professionals. In line with this, the application of cloud computing platforms is further helping the healthcare sector in eliminating the costs of on-premise deployment and support expanded data analytics capabilities. Other technologies that are helping the industry in lowering overall costs are predictive analytics and data visualization. Between these, predictive analytics possesses data retrieval capabilities from medical equipment and wearable devices, which, in turn, facilitates data cleaning and risk calculation. On the other hand, data visualization tools, such as infographics, charts, and graphs can help to transform complex data into simpler forms. This aids professionals in making important medical decisions regarding patient care, key trends, and resources. Looking forward, IMARC Group expects the market to reach USD 123.51 Billion by 2033, exhibiting a growth rate (CAGR) of 11.28% during 2025-2033.

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List of Top Companies Operating in the Global Healthcare Big Data Analytics Industry:

The top manufacturers in the global healthcare big data analytics market have several major players including Cloudera, Inc., Cognizant, Cotiviti, Inc., Epic Systems Corporation, GE HealthCare, HP Development Company, L.P., Merative, Koninklijke Philips N.V., Optum, Inc., Oracle Corporation, SAS Institute Inc., Siemens AG, Veradigm LLC, Wipro Limited.

1. Cloudera, Inc.

Cloudera, Inc. is a top enterprise data platform company that provides full-cycle big data analytics solutions for a variety of industries, and importantly, has significant use cases in healthcare. The company provides one data platform and integrates data processes into one platform, reducing operational burden by making it unnecessary to have multiple specialized tools (and the maintenance that they entail). Cloudera offers a secure, 100% open source data platform that enables healthcare and life science organizations to not only support predictive analytics but also allows researchers the ability to build and test their hypotheses and then map the algorithms to patient care. Cloudera Data Flow provides an ability for a real-time streaming analytics platform which takes care of a provider's ability to capture, combine, secure, and drive analytics on data feeds from bedside sensors, bio-monitors, and any other connected health IoT device at scale.

2. Cognizant

Cognizant offers information technology (IT), consulting, information security, and consulting services. These include system integration, business and technology consulting, digital engineering, application development and maintenance, artificial intelligence (AI), customer relation management, data management, and research and development (R&D) outsourcing. Cognizant operates with three business segments, namely digital business, operations, and systems and technology. It follows an inclusive, data-driven business model based on offshore software R&D and outsourcing, which helps clients to modernize enterprise operations. Over the years, Cognizant has partnered with some of the major companies, such as:

• Adobe
• Cisco
• Cyberark
• Google Cloud
• Microsoft
• GenRocket
• Informatica
• Servicenow
• Guidewire

3. Cotiviti, Inc.

Cotiviti, acquired by Veritas Capital in 2018, is one of the leading payment accuracy solutions and analytics company that is focused on digitizing medical practices. Its aim is to lower operational costs and improve healthcare quality across the United States. The company leverages various tools and technologies to channel and analyze large volumes of data to ensure regulatory compliance and risk management for various healthcare stakeholders, including payers, providers, and employers. This, in turn, has improved the overall financial performance of Cotiviti’s associated businesses.

4. Epic Systems Corporation

Epic Systems Corporation is a Wisconsin-based privately held American healthcare software firm founded in 1979. It designs large-scale software systems for electronic health records. Over 305 million patients, as stated by the company, have an electronic record in Epic. The firm has grown to be an integrated healthcare technology platform with enhanced analytics capabilities across its electronic health record system. Epic's analytics offerings comprise population health management, clinical decision support, predictive analytics, and operation reporting tools that allow healthcare organizations to extract meaningful insights from their clinical and operational information. Epic's electronic health record platform is utilized by almost 40% of U.S. health systems and hospitals for storing and distributing information. They apply their dedication to innovation through the creation of artificial intelligence and machine learning functionality that assists clinical decision-making, risk stratification, and individualized treatment guidance. Epic's analytics approach unifies healthcare analytics so that data flows without interruption and delivers full insights throughout the healthcare delivery pipeline.

5. GE HealthCare

GE Healthcare is a subsidiary of General Electric Company, which is a provider of medical technology, electronic records, digital infrastructure, disease research, patient monitoring systems, drug delivery, data analytics, and digital solutions. It helps healthcare facilities to make faster and more informed decisions. It primarily consists of nine business units, including detection and guidance solutions (DGS), healthcare digital, life care solutions (LCS), magnetic resonance (MR), molecular imaging and computed tomography (MICT), surgery, ultrasound (US), and global services. GE Healthcare offers various products and services, such as scanners, imagers, recorders, displays, analyzers, and separators that support digital diagnosis and therapeutics.

6. HP Development Company, L.P.

HP Development Company, L.P., commonly known as HP, is a leading American multinational information technology company headquartered in Palo Alto, California. The company specializes in developing and providing hardware, software, and related services. HP is renowned for its wide range of products, including personal computers, printers, imaging equipment, and enterprise solutions. With a strong focus on innovation, sustainability, and digital transformation, HP serves diverse industries worldwide, empowering businesses and individuals with advanced technology solutions.

7. Merative

Merative was formed as an independent company in 2022 with IBM's healthcare data and analytics strengths to form a healthcare technology company solely dedicated to healthcare. Merative delivers healthcare data, analytics and technology solutions to healthcare, payers, pharmaceutical companies and government organizations to improve health outcomes and business performance. Merative's analytics platform uses clinical data, claims data and real-world evidence to empower population health management, clinical research, and regulatory compliance programs. Offerings include health insights analytics, clinical development analytics, and regulatory intelligence tools that take advantage of artificial intelligence and machine learning strengths.

8. Koninklijke Philips N.V.

Koninklijke Philips is a health technology company that offers monitoring and analytics solutions, emergency care, patient management resources, big data software, and actionable workflow solutions. For instance, in 2021, the company partnered with Open Doctor to deliver an integrated patient engagement platform that incorporates real-time online appointments, schedules, and services to promote digital solutions across the healthcare sector. Philips is organized into three divisions, namely personal health, connected care, and diagnostic and treatment. It leverages advanced technologies to deliver integrated consumer solutions through its diverse product portfolio, including magnetic resonance imaging (MRI) device, computed tomography (CT) machine, advanced molecular imaging, integrated intervention systems, and other consumer health products. Philips has acquired various companies since its inception, such as ADAC Laboratories, Agilent Healthcare Solutions Group, Lifeline systems, Marconi Medical Systems, and ALT Ultrasound.

9. Optum, Inc.

Optum primarily serves physicians, practices, health care facilities, and individual consumers. Optum was founded in 2011 and is headquartered in Eden Prairie, Minnesota. As a subsidiary of UnitedHealth Group, Optum operates as one of the world's largest healthcare services and analytics organizations, combining huge healthcare data assets with advanced analytics capabilities to improve health outcomes and reduce costs. The analytics solutions of the company vary from clinical analytics, financial analytics, and operational analytics to population health management for payers, pharmaceutical companies, government customers, and healthcare providers. Optum's single platform of data examines billions of healthcare transactions as well as clinical encounters to inform sophisticated predictive modeling, risk stratification, and care optimization initiatives.

10. Oracle Corporation

Oracle Corporation is one of the global leaders in enterprise software and information technology (IT) solutions. It develops and sells tools for database software and technology, enterprise resource planning (ERP), cloud engineered systems, human capital management (HCM), and supply chain management (SCM). The company markets its products through third-party applications and enterprise management software, such as Oracle Enterprise Manger (OEM), which provides web-based monitoring and cloud-enabled product management. Oracle is aiming to design database solutions that automate business processes, decrease operational costs, monitor key business metrics, and deliver data-driven decisions.

11. SAS Institute Inc.

SAS Institute Inc. is an elite company analytics software, specifically in the area of healthcare analytics. They offer end-to-end options that allow healthcare organizations to leverage data to gain insight, which may culminate in improved patient outcomes and, ultimately, enhanced efficiency. The SAS healthcare analytic platform encompasses the features of statistical analysis, machine learning, artificial intelligence and data management for applications such as, clinical trial research; population health management; fraud detection; and quality improvement. Some common healthcare analytic practices include, clinical trial analytics to speed drug development; real-world evidence analytics, to provide informed clinical decisions; health economics and outcomes research (HEOR), to provide evidence of value for a therapeutic intervention; and using reporting tools for regulatory submissions.

12. Siemens AG

Siemens AG, headquartered in Munich, Germany, is a global technology powerhouse specializing in electrification, automation, and digitalization. Founded in 1847, the company operates across industries including energy, healthcare, infrastructure, and manufacturing. Siemens is renowned for its cutting-edge solutions in smart infrastructure, mobility, and industrial automation. With a strong emphasis on sustainability and innovation, Siemens leverages digital technologies and advanced engineering to drive efficiency, productivity, and growth for businesses and communities worldwide.

13. Veradigm LLC

Veradigm LLC has evolved from Allscripts Healthcare Solutions as a company focused on data and analytics in health care providing solutions to help health organizations use real-world clinical data for better clinical decision making and improved patient outcomes. The Veradigm analytics platform brings together data from millions of patients that are ingested from thousands of healthcare providers giving insights into population health, speeding clinical research, and continuous quality improvement. The company is engaged in clinical analytics, operational analytics, payer analytics, and life sciences analytics. Applied to value-based care, compliance and regulatory reporting, recognized evidence-based medicine programs the depth of engagement with its customers is deeper than average. The company is committed to data quality and data representativeness as understood from the perspective of clinical relevancy representatives of these bases formed from data engagement will construct advanced approaches to data normalization leading to advanced data quality and validation processes.

14. Wipro Limited

Wipro Limited is a multinational technology company that provides information technology (IT) solutions and consulting and business process services. It utilizes cognitive computing, robotics, cloud-enabled platforms, hyper-automation, and other emerging technologies to help clients adapt to rapid digitization across the globe. Operating in over 110 countries, the company incorporates two subsidiaries, namely Western India Products Limited and Wipro GE Medical Systems. Within the latter, Wipro has collaborated with GE Healthcare South Asia to engage in the research and development (R&D) of healthcare products and services, including systems integration, consulting, and information systems outsourcing. Apart from this, the organization is committed to promote sustainable development by reducing its greenhouse gas (GHG) emissions to zero.

About IMARC Group: IMARC Group is a leading market research and consulting company that offers management strategy and market research worldwide. The company has done multiple projects on the global healthcare big data analytics market and regional Asia Pacific, Europe, India, Latin America, United States, which has enabled the clients to set up and expand their businesses successfully. Some of the company’s offerings include:

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