Healthcare eDiscovery Market: Industry Analysis, Growth, Demand And Global Forecast To 2024

Global Healthcare eDiscovery Market Research Report By end users (IT, telecom, government bodies, media, entertainment, healthcare, private organizations) by deployment (Cloud and on premises) by services (consulting, service support) - Forecast to 2024

Market Scenario:
The digitization of patient health records, the continuing explosion of electronic data, and the promulgation of the HIPAA final omnibus rule have led to significant eDiscovery challenges for the healthcare industry. The healthcare industry leverage best practices and innovative technology to structure reusable eDiscovery work processes for more prominent productivity and consistency across matters while securing your sensitive patient data.

For healthcare, the problem is intensified by the drive to digitize persistent records. Electronic Health Records are appealing targets for e-disclosure since they contain so much possibly valuable data, including quiet demographics, progress notes, issues, medications, vital signs, past medical history, immunizations, laboratory data, and radiology reports.

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The risk is that the IT frameworks which used to create them are not capturing all of the data needed to give a complete view of the circumstances surrounding patient care because those systems were not designed with e-discovery in mind. This distorted perspective builds the potential obligation to healthcare providers in medical malpractice litigation, perhaps dramatically.

Healthcare eDiscovery Market Segmentation and Applications:
The healthcare eDiscovery market is segmented by the following Archiving, eDiscovery, legal holdings, data process, data production and management, by components Software and services by software types on premieres software and off premises software.

Healthcare eDiscovery market applications are by deployment cloud and on premises by service type consulting, implementation, service support, by user’s healthcare institutions, government bodies, private organizations, energy and utility, IT, Telecom, logistics, media and entertainment.

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Key Market Driver:
The global eDiscovery market has a dynamic scope in the healthcare industry. eDiscovery can be a stand-alone software hand In hand with data base services. Key factors driving the global e-discovery market include increasing adoption of predictive coding, growing risk mitigation activities in organizations, increase in criminal prosecutions and civil litigation and growth of record management across various industries. Hence the demand for keeping data base secured and confidential will be a key market growth influencer and will lead to huge potential in the market.

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Release ID: 167628