Monitoring the Pulse of the Healthcare and Life Science DataSphere

Monitoring the Pulse of the Healthcare and Life Science DataSphere

  • November 2020 •
  • 14 pages •
  • Report ID: 5983312 •
  • Format: PDF
This IDC Market Perspective leverages the 2020 Global DataSphere to analyze, calculate, and report on the state of data for the healthcare and life science industry. Key data challenges and opportunities are identified. "Advances in precision medicine, genomics, and imaging, along with the widespread adoption of electronic health records and the proliferation of medical IoT and mobile devices, are resulting in an exponential explosion of structured and unstructured data," states Lynne A. Dunbrack, group vice president, Public Sector."IDC estimates that the healthcare and life science DataSphere represents just over 7% of the enterprise DataSphere, which consists of all industries," states Dave Reinsel, senior vice president, IDC's Global DataSphere. "We anticipate a growing share with all the emerging healthcare data trends but also note the critical state of data management necessitating a change in data management priorities across the industry."