The Way in Which Big Data has Transformed Healthcare

This blog post showcases the ways in which big data is helping the healthcare industry advance and empower patients with easier and more accurate diagnostics and personal care.

Big data has been making waves worldwide, across all industries for a quite a while now. This stands true for the healthcare industry as well, where its impact has been rather pronounced. But what does big data have to do with healthcare? In this industry, big data helps with the gathering, storage, processing, and analysis of data. To what end, you ask. For one, the data and the insights gained after research can help patients better understand their healthcare and treatment plans. It can also empower them to take better care of themselves too.

While big data and healthcare is a relatively new pair, it has already found quite a market for itself. Studies have shown that by 2022, big data in the healthcare industry will achieve a market value of about $34.27 billion, growing at a CAGR of 22.07 percent. And with healthcare data expected to grow at a CAGR of 36 percent for the next few years. It only makes sense that big data would continue its trajectory and become an increasingly integral part of the healthcare industry. If you are wondering how that helps anyone involved in the ecosystem, well, here are some of the critical benefits that demonstrate healthcare companies and the patients they serve stand to gain immensely from big data.

1. Increased diagnostics accuracy: Big data helps healthcare companies and doctors deliver diagnosis with substantially improved accuracy by combining and analyzing all sorts of relevant data, structured or unstructured. It encompasses EMRs, clinical data, genomic data, etc. and helps doctors factor in a broad range of elements that stand to impact diagnosis. It also accounts for even the most seemingly trivial symptoms, aiding doctors’ efforts to make an accurate diagnosis.
2. Personalized care: Given big data’s ability to handle extensive amounts of data, it can gain and deliver comprehensive insights into every individual via analysis of the patient’s health records, treatment history, symptoms, previous diagnosis and more. Furthermore, together with IoT-enabled devices such as wearables, big data also enables healthcare providers to monitor patients’ health stats and then use that information to build a better-primed plan to ensure their well-being.
3. Reduced errors: No matter how skilled or celebrated a particular individual may be, the truth remains that everyone makes a mistake every once in a while. Unfortunately, when these mistakes occur in this sector, patients may end up paying dearly. Big data can help prevent that by analyzing patients’ records and prescriptions to see that they are relevant for their health condition. In case a mismatch is found, it can alert the doctor and the facility to enable quick remedial action.

As companies continue to realize the opportunity at their hands, it is also imperative to adopt robust healthcare app development services that will enable them to cash in on said opportunities and the many benefits that big data has to offer.

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