Pune, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Business Intelligence (BI) is well-funded in the modern software-as-a-service market. BI utilizes big data to analyze various aspects of business, uncover new profit centers, and simulate potential developments.
The market growth is driven by the increasing number of patient registries, as well as technological advancements in the pharmaceutical sector. An article published by Frontiers in August 2022 highlights patient registries as a crucial data source for healthcare practices, drug utilization, and clinical outcomes. Patient registries provide epidemiological data, and standards of care, and help in overcoming patient confidentiality issues, particularly for rare diseases.
This anticipated growth in patient registries is also expected to drive the uptake of health business intelligence. The healthcare BI market is growing rapidly due to the government's initiative to increase the adoption of (EHR) and the proliferation of patient registries along with big data usage in healthcare. According to an article published by the Biomedical Journal of Scientific & Technical Research in 2021, the government is digitalizing healthcare services by incorporating EHR for better patient data management and to facilitate coordination among healthcare providers.
The government is also introducing national-level policies, such as the National Digital Health Blueprint, to ensure a single digital health record across India. Additionally, institutions l.