In the predictive analytics market for healthcare, advancing Big Data processing tools, data mining and data organization are being increasingly used by market research firms to predict huge gains. Also by leveraging Big Data and scientific advancements, healthcare organizations are now being able to fuel the future of patient care. Despite the fact that there are several roadblocks to using analytics in this field there are also many ways by which Big Data can actually revolutionize the health field. Some of them are listed below as:
- Big Data Boost on Precision Medicine and Research- By tapping reams of data from tools like Smartphone apps, genomics and mobile biometric sensors, precision medicines are now being able to treat individuals with therapies and treatment plans more specific to them
- Tapping Big Data for Real-Time Infection Control- By using “sniffer” algorithms to assign risk scores, the data analytics pilots are identifying patients that are at risk for sepsis. Moreover the Big Data network is being able to predict and prevent infections out of the system thus squeezing the cost out and creating a safer environment for patients.
- Cost Cutting with Patient Data Analytics- Predictive analytics is believed to cut 25 percent or more annual costs of more than 47 percent healthcare organizations over the next five years.
Read More at: https://healthtechmagazine.net/article/2017/11/predicting-analytics-3-big-data-trends-healthcare