Healthcare Cloud Computing Market Size By Deployment Type, By Service Model, By Geographic Scope And Forecast


Posted March 10, 2022 by smithjenny22119

Healthcare Cloud Computing Market size was valued at USD 7.72 Billion in 2020 and is projected to reach USD 24.55 Billion by 2028, growing at a CAGR of 15.25% from 2021 to 2028.
 
Healthcare Cloud Computing Market Size And Forecast

Healthcare Cloud Computing Market size was valued at USD 7.72 Billion in 2020 and is projected to reach USD 24.55 Billion by 2028, growing at a CAGR of 15.25% from 2021 to 2028.

In the healthcare sector changes in the supply and demand market result in rising consumer adoption for cloud computing and the use of IT driving the Global Healthcare Cloud Computing Market during the forecast period. The Global Healthcare Cloud Computing Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Healthcare Cloud Computing Market Definition

Healthcare cloud computing refers to the application of cloud computing services and infrastructure to store, maintain, and retrieve personal health information. Cloud computing has benefited the healthcare sector by offering a platform for on-demand hosted service, on-demand computing, large storage, and many others. It has improved the accessibility of information and records for administrations, nurses, and physicians.

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Global Healthcare Cloud Computing Market Overview

The growing trend for digitalization in the healthcare sector has significantly benefited the market. Cloud resources have enabled the healthcare sector to achieve more in shorter time frames and at a lower cost than other resources. Moreover, researchers have gained a huge profit using cloud computing technology, therefore raising its demand in the healthcare industry. However, privacy concerns and data security are the major factors that will hinder the growth of the market during the forecast period.

The demand for healthcare cloud computing is increasing owing to an ageing population, the increasing prevalence of chronic diseases and comorbidities. The economic benefits of cloud computing include cost flexibility and which helps to reduced costs and avoids heavy capital expenditure. Furthermore, increasing government initiatives in healthcare services, technological advances in the healthcare industry, growing population boost the growth of the market during the forecast period. However, the biggest restraint of cloud computing in the healthcare sector is data loss. It is potentially surrounded by data breach risks which can raise privacy concerns amongst patients.

Global Healthcare Cloud Computing Market: Segmentation Analysis

The Global Healthcare Cloud Computing Market is segmented based on Deployment Type, Service Model, And Geography.

Healthcare Cloud Computing Market, By Deployment Type

• Private Cloud
• Public Cloud
• Hybrid

On the basis of Deployment Type, the market is segmented into Private Cloud, Public Cloud, and Hybrid. The private Cloud segment will show positive growth in the global market owing to the rising adoption of data analytics and IoT in the healthcare sectors.

Healthcare Cloud Computing Market, By Service Model

• Infrastructure-As-A-Service
• Platform-As-A-Service
• Software-As-A-Service

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On the basis of the Service Model, the market is segmented into Infrastructure-As-A-Service, Platform-As-A-Service, Software-As-A-Service. The software-As-A-Service segment will show significant market share in the global market owing to technology advancement in the Software-As-A-Service.

Healthcare Cloud Computing Market, By Geography

• North America
• Europe
• Asia Pacific
• Rest of the World

On the basis of Geography, The market is classified into North America, Europe, Asia Pacific, and Rest of the world. Asia Pacific region will be the fastest-growing region in the global market owing to advantages offered by cloud computing in healthcare include, including flexibility, low maintenance cost, accessibility, and mobility.

Key Players

The “Global Healthcare Cloud Computing Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Eclinicalworks, Sectra AB, Carestream Health, Inc., Carecloud Corporation, Allscripts Healthcare Solutions, Inc., Nextgen Healthcare, Inc., Siemens Healthineers AG, Athenahealth, Inc. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

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Last Updated March 10, 2022