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Cloud Computing Market in Healthcare Industry to Garner US$ 40,188.3 Million, with a CAGR of 21.9% by 2028 | Carecloud Corporation, Cleardata Networks, Carestream Health, Inc., AGFA Healthcare,


Healthcare Cloud Computing Market

Overview:

Cloud computing involves storing and accessing the program and data over the internet. It involves delivering computing resources on internet. In cloud computing elastic resources are used and the user pays for the obtained service. In healthcare industry cloud computing has several applications. With healthcare cloud computing, professionals can remotely store and access the data as it offers high reach during emergency times for professionals to reach the needed place. Moreover, healthcare cloud computing offers greater information without requiring high pay, it helps share as well as store data for speeding up the research in medical.

At present, the Cloud Computing Market in Healthcare Industry Market is enjoying its presence over the globe. The Research report presents a complete judgment of the request which consists of unborn trends, growth factors, consumption, product volume, CAGR value, attentive opinions, profit periphery, price, and assiduity- validated request data. This report helps individualities and request challengers to prognosticate unborn profitability and to make critical opinions for business growth.

Note – This report sample includes:

• Brief Introduction to the research report.

• Table of Contents (Scope covered as a part of the study)

• Top players in the market

• Research framework (structure of the report)

• Research methodology adopted by Coherent Market Insights

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The global healthcare cloud computing market is expected to account for US$ 10,045.0 Mn by 2020 in terms of value and is estimated to reach US$ 40,188.3 Mn by the end of 2027.

Market Drivers:

Cloud computing is increasingly being adopted around the world, which is expected to propel growth of the global healthcare cloud computing market during the forecast period. For instance, KCR S.A., announced to adopt a cloud enterprise content management platform, Veeva Vault in December 2019 for company’s research program.

Restraints:

Lack of internet availability in developing countries is likely to hamper growth of the global healthcare cloud computing market over the forecast period. For instance, in October 2019, as per the Pew Research Center report, the levels of internet use are lower in Sub-Saharan Africa, which ranged from high of 59% in South Africa while low of 25% in Tanzania, compared any other region

Opportunities:

Rise in internet penetration is likely to offer various growth opportunities to the global healthcare cloud computing market over the forecast period. For instance, as per the Market Intelligence & Consulting Institute backed by government of China, the penetration of internet increased in the first half of 2019 reaching 61.2% to 854 million internet user by end of June 2019.

Market Taxonomy:

  • By Service Model
  • By Priding Model
    • Spot Pricing Model
    • Pay-as-you-go Model
  • By Cloud Type
  • By Application
  • By Region
    • North America
    • Latin America
    • Europe
    • Asia Pacific
    • Middle East
    • Africa

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Market Trends:

Key players in the market are focusing on inorganic growth strategies such as merger and acquisition to strengthen their market share, which is a growing trend likely to support growth of the global healthcare cloud computing market over the forecast period. For instance, Topcon Corporation acquired outstanding shares of KIDE Clinical Systems Oy in April 2018.

Furthermore, major market players are adopting organic growth strategies such as new product launch for strengthening the product portfolio, which is another growing trend in the global healthcare cloud computing market. For instance, Oracle Corporation announced the launch of its connector cloud service, Oracle Health Sciences mHealth in April 2018 for supporting clinical study to collect data remotely from wearables, apps and sensors used by patients in clinical trials.

Key Takeaways:

  • The global cloud computing market in healthcare industry had a value of US$ 8,258.1 Mn in 2019 and is expected to reach a value of US$ 40,188.3 Mn by 2027 at a CAGR of 21.9% between 2020 and 2027. This can be attributed to growing adoption of mobile applications as well as connected health and technological development.
  • IaaS held dominant position in the global cloud computing market in healthcare industry in 2019, had 80.8% share in terms of value, followed by PaaS and SaaS, respectively.

Key Players:

Key players functioning in the global healthcare cloud computing market are MedShift, Carecloud Corporation, Sectra, Cleardata Networks, Ambra Health, Carestream Health, Inc., RxSafe, LLC, AGFA Healthcare, AdvancedMD, Cisco Systems, Inc., Topcon Corporation, Merge Healthcare, Inc., Oracle Corporation, IBM Corporation, Microsoft Corporation and Intel Corporation.

Key Developments:

May 2020: Cisco revealed its plans of acquiring ThousandEyes, Inc. who provides internet as well as cloud intelligence platform based in San Francisco, U.S.

March 2020: Sectra and Region Halland, a healthcare provider based in Sweden signed a contract for delivering RIS as a cloud service.

March 2020: a complete integrated enterprise cloud platform, Phunware, Inc. introduced a National Ventilator Registry.

February 2020: NANO-X-IMAGING Ltd. and Siemens helathineers entered into partnership to use radiologists and for recruiting more professions for becoming service providers with the use of the Nanox.CLOUD and Nanox.ARC for imaging diagnostics.

May 2019: MedShift announced the launch of Version 2 of connected device software of the company, which is a secure platform of cloud computing designed for enhancing visibility and device ROI for manufacturers.

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Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Service Model
      • Market Snippet, By Pricing Model
      • Market Snippet, By Cloud Type
      • Market Snippet, By Application
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Impact Analysis
    • Key Developments
    • Regulatory Scenario
    • PEST Analysis
    • COVID-19 Impact Analysis
  4. Global Cloud Computing Market in Healthcare Industry Market, By Service Model, 2019 – 2027 (US$ Mn)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017–2027
      • Segment Trends
    • IaaS
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
      • Segment Trends
    • PaaS
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
      • Segment Trends
    • SaaS
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
      • Segment Trends
  5. Global Cloud Computing Market in Healthcare Industry Market, By Pricing Model, 2019 – 2027 (US$ Mn)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017–2027
      • Segment Trends
    • Spot Pricing Model
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • Pay-as-you-go Model
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
  6. Global Cloud Computing Market in Healthcare Industry Market, By Cloud Type, 2019 – 2027 (US$ Mn)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017–2027
      • Segment Trends
    • Public
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • Private
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • Hybrid
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
  7. Global Cloud Computing Market in Healthcare Industry Market, By Application, 2019 – 2027 (US$ Mn)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017–2027
      • Segment Trends
    • CIS
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • NCIS
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)

View Press Release: https://www.coherentmarketinsights.com/press-release/cloud-computing-market-in-healthcare-industry-3413

𝗔𝗯𝗼𝘂𝘁 𝗨𝗦:

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

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