Big Data in Healthcare Market Size
Mobile technology has become one of the leading contributors of big data. Proliferation of app containing smartphones coupled with the expansion of wearable device market are creating dataflows that can be harnessed for medical applications. Previously popular for step counting and heart rate monitoring, consumer wearables are beginning to serve as data sources for medical diagnostics and are expected to play a key role in remote patient monitoring. By enabling patients to share personalized health data, wearables can assist with self-diagnosis and behaviour change interventions.
Mobile technology has become one of the leading contributors of big data. Proliferation of app containing smartphones coupled with the expansion of wearable device market are creating dataflows that can be harnessed for medical applications. Previously popular for step counting and heart rate monitoring, consumer wearables are beginning to serve as data sources for medical diagnostics and are expected to play a key role in remote patient monitoring. By enabling patients to share personalized health data, wearables can assist with self-diagnosis and behaviour change interventions.
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The follow<strong>in</strong>g figure exhibits data triangulation considered:<br />
Figure 3<br />
<strong>Data</strong> Triangulation<br />
PRIMARY SOURCES<br />
SECONDARY SOURCES<br />
Interviews with:<br />
• Top management of<br />
software and hardware<br />
vendors<br />
• Technology Analysts<br />
• Analytics Services Providers<br />
• National centre for Biotechnology<br />
<strong>in</strong>formation (NCBI)<br />
• National Institute of Health (NIH)<br />
• <strong>Healthcare</strong> Information and<br />
Management Systems Society<br />
(HIMSS)<br />
SUPPLY SIDE<br />
PRIMARY<br />
SOURCE<br />
SOURCES<br />
DATA<br />
TRIANGULATION<br />
SECONDARY<br />
SOURCE<br />
• Food Drug and Adm<strong>in</strong>istration (FDA)<br />
• World Health Organization (WHO)<br />
• American Medical Association (AMA)<br />
• PubMed<br />
Annual Reports, SEC Fil<strong>in</strong>gs, Investor<br />
Presentations, Websites and Press<br />
Releases of top players, News Articles,<br />
Journals, and Paid <strong>Data</strong>bases<br />
DATA COLLECTED INCLUDES<br />
Key Players<br />
Competitive Landscape<br />
Opportunities/<br />
Challenges<br />
<strong>Market</strong> <strong>Size</strong> and <strong>Market</strong><br />
Share<br />
Influenc<strong>in</strong>g Factors<br />
<strong>Market</strong> Estimates<br />
Geographical<br />
Analysis<br />
<strong>Market</strong> Trends<br />
BIS Research Analysis<br />
REQUEST FOR<br />
SAMPLE<br />
sales@bisresearch.com www.bisresearch.com 11
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