Healthcare & Life Sciences
Global Market Size: Up to $12 trillion
Embracing clean data practices enhances privacy compliance, and improves data quality that can lead to:
Revenue uplift of 5-15% from superior patient stratification, predictive analytics, personalized medicine, and optimized clinical workflows, improving patient outcomes and expanding service volumes.
Profit margin improvement of 10-25% from reduced diagnostic errors, enhanced operational efficiencies, fraud and waste reduction, and improved regulatory compliance through higher data quality drive meaningful cost savings and margin expansion
Competitive Advantage: Healthcare providers and payers adopting privacy-first, human-centered data models build trust, reduce regulatory risks, and position themselves ahead in a rapidly evolving, technology-driven landscape.
Sources:
Startus Insights Deloitte MIT The Business Research Company