Big data analytics and artificial intelligence are poised to revolutionize the field of healthcare in the coming years given the abundance of data and powerful algorithms.
Currently, the U.S., China and the EU are all competing for dominance in the field, investing significant resources into human capital, infrastructure as well as into laws balancing the usability and protection of data. In the current decade, the European Commission seeks to attract €20 billion of investment per year in order to remain competitive in the global market.