Healthcare Cloud Computing Market

Healthcare Cloud Computing - Global Market Outlook (2018-2027)

4.8 (58 reviews)
Published: January 2020 ID: SMRC18729
4.8 (58 reviews)
Published: January 2020 ID: SMRC18729

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Healthcare Cloud Computing Market is accounted for $18.28 billion in 2018 and is expected to reach $92.24 billion by 2027 growing at a CAGR of 19.7%. Proliferation of new payment models and cost-efficiency of cloud, dynamic nature of health benefit plan designs, and implementation of the patient protection and affordable care act are likely to boost the growth of the healthcare cloud computing market. However, concerns over data security and privacy, and migration from legacy systems are likely to hamper the profit boundaries.

Cloud computing increases real-time data collection and improves accessibility to the data. It has outpaced the conventional paper healthcare system by providing more speed and efficiency in data handling. For instance, cloud computing technology is widely used in remote patient monitoring. Rising demand for stringent regulatory compliance, public awareness, and growing investment from healthcare players such as Cisco, IBM, GE Healthcare, and government organizations are expected to create a demand for this technique during the analysis period. The proliferation of high-speed internet and implementation of favorable regulatory acts are also expected to provide growth to the market.
Based on application, clinical information systems segment is estimated to have a lucrative growth due to the high adoption of systems in critical care such as ICUs for efficient management of patient data, and also there is huge demand for clinical information systems from hospitals and healthcare providers. By geography, North America is likely to have a huge demand due to the presence of key factors such as high adoption rate of healthcare IT services and continuous support, financially and otherwise, from the government agency.

Some of the key players in the Healthcare Cloud Computing market include Amazon Web Services Inc, Athenahealth Inc, CareCloud Corporation, Carestream Health, ClearDATA, Dell Inc, IBM Corporation, Iron Mountain Inc, Oracle Corporation, Siemens Healthineers, Cisco System Inc, Allscripts Healthcare Solution Inc, and EMC Corp.
Deployment Models Covered:
• Hybrid Cloud
• Private Cloud
• Public Cloud

Components Covered:
• Services
• Software

Service Models Covered:
• Infrastructure-As-A-Service (IaaS)
• Platform-As-A-Service (PaaS)
• Software-As-A-Service (SaaS)

Pricing Models Covered:
• Pay-As-You-Go Model
• Spot Pricing Model

Applications Covered:
• Clinical Information Systems
• Nonclinical Information Systems

End Users Covered:
• Healthcare Providers
• Healthcare Payers

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand
o South Korea      
o Rest of Asia Pacific      
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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