The healthcare cloud computing global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Healthcare Cloud Computing Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The healthcare cloud computing market size has grown rapidly in recent years. It will grow from $36.27 billion in 2023 to $41.33 billion in 2024 at a compound annual growth rate (CAGR) of 13.9%. The growth in the historic period can be attributed to electronic health records (ehr) adoption, cost reduction initiatives, data security concerns, interoperability requirements, increased demand for storage and processing power.
The healthcare cloud computing market size is expected to see rapid growth in the next few years. It will grow to $74.36 billion in 2028 at a compound annual growth rate (CAGR) of 15.8%. The growth in the forecast period can be attributed to adoption of telehealth services, ai and machine learning integration, remote patient monitoring solutions, edge computing in healthcare, increased focus on data analytics. Major trends in the forecast period include blockchain for healthcare data management, hybrid cloud deployments, personalized medicine platforms, mobile health (mhealth) applications, integration of internet of things (iot) in healthcare systems.
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Scope Of Healthcare Cloud Computing Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Market Drivers –
The rise in the adoption of information technology in the healthcare sector is significantly driving the growth of the healthcare cloud computing market. Information technology has paved the way for more precise healthcare services that help patients attain easy and quick access to various healthcare facilities. The most common examples of health information technology are electronic health records (EHRs), e-prescriptions, and other tech tools that help patients meet health goals such as managing blood sugar levels or quitting smoking. According to the 2021 Accenture health and life science experience survey of 1,800 people in the United States, nearly 26% said their access to healthcare has been even better with digital adoption since the onset of the COVID-19 pandemic. Thus, a rise in the adoption of information technology in the healthcare sector is expected to drive the healthcare cloud computing market growth.
Market Trends –
Product innovations have emerged as the key trend gaining popularity in the 5G chipset market. The major players in the market are developing innovative products for market growth. For instance, in June 2021, Samsung Electronics, a South Korea-based electronics company, developed 3GPP Rel.16 compliant chipsets, a range of next-generation 5G chipsets that deliver cutting-edge 5G technologies. The new chipsets consist of a second-generation 5G modem System-on-Chip (SoC), a third-generation mmWave Radio Frequency Integrated Circuit (RFIC) chip, and a Digital Front End (DFE)-RFIC integrated chip. These are designed to increase power efficiency, boost performance, and reduce the size of 5G solutions.
The healthcare cloud computing market covered in this report is segmented –
1) By Deployment Model: Private Cloud, Hybrid Cloud, Public Cloud
2) By End User: Healthcare Providers, Healthcare Payers
3) By Pricing Model: Pay-as-you-go, Spot Pricing
4) By Service Model: Software-as-a-Service (SaaS), Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS)
5) By Application: Clinical Information System, Non-Clinical Information System
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Regional Insights –
Asia-Pacific was the largest region in the healthcare cloud computing market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the healthcare cloud computing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Companies –
Major companies operating in the healthcare cloud computing market report are International Business Machines Corporation, Onex Corporation, Athenahealth Inc., Siemens AG, GE Healthcare Company, Cisco Systems Inc., Iron Mountain Inc., Microsoft Corporation, Oracle Corporation, CareCloud Corporation, ClearDATA, Dell Technologies Inc., Agfa-Gevaert N. V, VMware Inc., Allscripts Healthcare Solutions Inc., Amazon Web Services Inc., eClinicalWorks, Cerner Corporation, Salesforce Inc., Google LLC, Hewlett Packard Enterprise Development LP, Fujitsu Limited, NTT DATA Corporation, Citrix Systems Inc., Nutanix Inc., Hitachi Ltd., Pure Storage Inc., Lenovo Group Limited, Huawei Technologies Co. Ltd., Zscaler Inc.
Table of Contents
1. Executive Summary
2. Healthcare Cloud Computing Market Report Structure
3. Healthcare Cloud Computing Market Trends And Strategies
4. Healthcare Cloud Computing Market – Macro Economic Scenario
5. Healthcare Cloud Computing Market Size And Growth
…..
27. Healthcare Cloud Computing Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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