Market Trends of Europe Clinical Data Analytics Industry In Healthcare
Cloud to Witness Significant Growth
- Cloud deployment type in the global clinical data analytics market in healthcare refers to the method of deploying clinical data analytics solutions and infrastructure in cloud computing environments. Managing healthcare data and analytics applications is crucial for storing, organizing, and analyzing vast information.
- Moreover, Cloud deployment is gaining significant prominence in healthcare organizations that rely on external servers managed by cloud service providers. By employing the cloud, users can successfully store large amounts of clinical data and process it using various cloud computing resources, such as virtual machines, storage facilities, and networking capabilities.
- Healthcare professionals may gain access to a wide range of data sources, including medical imaging files, electronic health records, wearable devices, and other healthcare systems using these cloud-based resources. These initiatives are intended to extract valuable insights from the collected information, which can significantly enhance patient care.
- In addition, cloud computing provides healthcare organizations with a number of advantages, including cost efficiency, flexibility, scalability, and ease of use, making cloud computing a preferable option for healthcare organizations seeking to leverage clinical data analysis solutions.
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United Kingdom to Witness the Highest Growth Rate
- The UK healthcare sector underwent a significant digital transformation over the past few years, creating substantial growth opportunities for adopting clinical data analytics solutions. Recently, the UK Government has developed an ambitious digitalization program with GBP 2 billion in funding to support electronic patient records in all National Health Service (NHS) trusts. By December 2023, the government aims to equip 90% of NHS trusts with electronic patient records.
- Furthermore, according to the plan, as part of a number of measures aimed at strengthening workers' skills and making the National Health Service an appealing place for digital professionals, this country also intends to develop its own national Digital Workforce Strategy which will see 10,500 more jobs created in data and technology sector. This is also expected to support the demand for clinical data analysis in healthcare organisations at national level.
- The public health and government sector is expected to witness substantial growth in the UK clinical data analytics market in the coming years. For instance, NHS England is investing in a data platform to support healthcare organizations and make the most of their information and work together to solve problems, understand patterns, and plan services for the local populations.
- The pharma and life science sector is expected to experience growth in adopting clinical data analytics solutions, owing to the increasing growth in health data and supportive developments to provide easy access to health data to life science companies.
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