The clinical data analytics market is experiencing growth due to a rise in chronic diseases. Cloud computing plays a pivotal role by efficiently storing patient records, thereby driving demand for clinical data analytics solutions. WILMINGTON, Del.
, July 25, 2024 /PRNewswire/ -- The global clinical data analytics market stood at US$ 15.5 billion in 2023 , and the global market is projected to reach US$ 614.7 billion in 2034.
The clinical data analytics market is anticipated to expand at a CAGR of 39.7% between 2024 and 2034. The global clinical data analytics market is witnessing significant growth driven by several key factors.
One primary factor contributing to this growth is the increasing incidence of chronic diseases worldwide. Chronic diseases such as diabetes, cardiovascular diseases, cancer, and respiratory disorders are placing a substantial burden on healthcare systems globally. Clinical data analytics plays a crucial role in managing and treating these conditions by providing insights into patient populations, disease patterns, treatment outcomes, and healthcare utilization.
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php?flag=S&rep_id=86145 The adoption of cloud computing technology in healthcare is fueling the demand for clinical data analytics solutions. Cloud-based platforms enable healthcare organizations to securely store, manage, and analyze vast amounts of patient data in real-time. This facilitates seamless coll.