Market Research Future (MRFR)’s study reveals that the Global Healthcare Cloud Computing Market is projected to burgeon exponentially over the next couple of years. Report present actual information about the volumes of demand, trend, industry size and the state of the market, the changes that took place in 2018, and also, to build a forecast for the growth of the industry in the medium term until 2023.
Increased adoption of internet of things (IoT) in the healthcare sector of developed and developing regions are leading to the increased reliance on cloud-based services in the healthcare sector. Rise in demand for cloud-based platform to manage a large amount of unstructured data in the healthcare sector is majorly propelling the growth of the global healthcare cloud computing market. Proliferation in service providers that are coming up with innovative and optimized cloud computing solutions is also fueling the expansion of the global cloud computing market.
The increasing adoption of Internet of Things (IoT) has accelerated the integration of cloud computing in the healthcare sector. Cloud computing enables healthcare organizations to achieve economies of scale, minimize IT infrastructure costs, and increase scalability which is likely to expedite the revenue creation for the key vendors.
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The market resonates strong growth opportunities at present and is expected to remain highly lucrative in the foreseeable future. The competitive landscape represents intense competition and is favorable for the entry of new vendors. The security of the confidential data is an area of concern for the market participants. Technological innovations are offered regularly for upgrading security and protection of the data. The trend is likely to perpetuate and augment the market in the forthcoming years.
Key Players :
The major players profiled by MRFR that are operating in the Global Healthcare Cloud Computing Market are International Business Machines (IBM) Corporation, CareCloud Corporation, Nuance Communications, Agfa-Gevaert N.V., Merge Healthcare Inc., Carestream Corporation, Cerner Corporation, Microsoft Corporation, Oracle Corporation, ClearData Networks Inc., Sectra AB, GE Healthcare, athenahealth Inc., NextGen Healthcare, Siemens Healthineers, and Dell Inc.
Industry Updates :
In November 2018, ClearDATA, a Texas-based healthcare exclusive cloud provider, has secured USD 26 Mn in its latest funding as an investment for healthcare cloud computing services.
In December 2018, it has been announced that Magellan Health, an American for-profit managed healthcare company, is adopting software-as-a-service (SaaS) for identity management and other functions as a part of digital transformation.
The Global Healthcare Cloud Computing Market has been segmented on the basis of applications, deployment, services, and end-user. Based on applications, the global healthcare cloud computing market has been segmented into non-clinical information system (NCIS) and clinical information system (CIS). Among these, the clinical information system (CIS) segment commands for the major share in the global healthcare cloud computing market owing to the increased volume of patient data as a result of high prevalence of chronic diseases and rise in geriatric population. Based on deployment, the global healthcare cloud computing market has been segmented into private cloud, public cloud, and hybrid cloud. The private cloud segment is projected to account for the major share in the global healthcare cloud computing market owing to the higher adoption of this service due to its better security. Based on service, the global healthcare cloud computing market has been segmented into infrastructure-as-a-service (IaaS), software-as-a-service (SaaS), and platform-as-a-service (PaaS).
Key Questions Answered In This Report:
What will the market size and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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Some Brief Table of Contents of Report
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.2 Scope Of The Study
2.2.1 Research Objective
Chapter 3. Research Methodology
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
Chapter 5. Market Factor Analysis
5.1 Porters Five Forces Analysis
5.1.1 Bargaining Power Of Suppliers
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