HIT Consultant March 24, 2022
The healthcare industry is experiencing a data deluge, and it shows no sign of slowing down.
In 2020, estimates reported that healthcare data comprised a staggering 30% of the world’s total data volume; projections for 2025 bump that number up to 36%, a growth rate outpacing every other industry.
This is promising news for precision medicine, the data-driven healthcare initiative that promotes the right treatment for the right patient at the right time.
Precision (or personalized) medicine revolves around the understanding that medical conditions and drug responses vary from person to person – for example, chemotherapy that shrinks one patient’s tumor might be fatal to another. It combines novel tools from the omics sciences (genomics, pharmacogenomics, and proteomics), advanced medical...