The healthcare cloud infrastructure 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 Infrastructure 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 infrastructure market size has grown rapidly in recent years. It will grow from $71.66 billion in 2023 to $84.73 billion in 2024 at a compound annual growth rate (CAGR) of 18.2%. The growth in the historic period can be attributed to data storage demands, cost efficiency, scalability, remote access, interoperability.
The healthcare cloud infrastructure market size is expected to see rapid growth in the next few years. It will grow to $169.06 billion in 2028 at a compound annual growth rate (CAGR) of 18.8%. The growth in the forecast period can be attributed to telemedicine growth, genomic and precision medicine, compliance and data security, pandemic preparedness, integration of blockchain. Major trends in the forecast period include hybrid cloud adoption, edge computing in healthcare, security and compliance as a service, artificial intelligence and machine learning, data lakes and analytics, cloud-native applications.
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Scope Of Healthcare Cloud Infrastructure 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.
Healthcare Cloud Infrastructure Market Overview
Market Drivers –
Growing funding to implement hospital cloud computing technologies in care facilities is expected to propel the growth of the healthcare cloud infrastructure market. Hospital cloud computing technologies are technologies used to set up remote servers that can be accessed online to manage, store, and process patient data. Hospitals are upgrading to digital technologies such as cloud computing to reduce costs and enhance operations, which in turn increases the requirement for cloud infrastructure and the components needed to deploy the cloud technology. For instance, according to the article published by Healthcare IT News, a US-based B2B media group focused exclusively on healthcare and technology markets, the government of Delhi, India allotted an $18.9 million (Rs 13.9 billion) project to set up a cloud-based hospital information management system for Delhi’s public hospitals. Therefore, the growing funding to implement hospital cloud computing technologies in care facilities is driving the demand for the healthcare cloud infrastructure market.
Market Trends –
Technological advancement is a key trend gaining popularity in the healthcare cloud infrastructure market. Major players operating in the market are concentrating on integrating novel technologies such as AI (artificial intelligence) and text analytics to increase workflow efficiency and reduce costs. For instance, in March 2022, Microsoft Corporation, a US-based software company offering cloud infrastructure, updated its Microsoft Cloud for Healthcare with AI and text analytics to provide complete data insight, minimize provider administrative burden, increase efficiency for frontline care teams, and promote workflow automation that can improve quality of care, reduce clinician fatigue, extract insights from unstructured medical data, and deliver better care faster and at a lower cost.
The healthcare cloud infrastructure market covered in this report is segmented –
1) By Component: Hardware, Services
2) By Pricing Model: Pay-As-You-Go, Spot Pricing
3) By Deployment Model: Private Cloud, Hybrid Cloud, Public Cloud
4) By End-User: Healthcare Providers, Healthcare Payers
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Regional Insights –
North America was the largest region in the healthcare cloud computing market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the healthcare cloud infrastructure market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies –
Major companies operating in the healthcare cloud infrastructure market include Amazon.com Inc., ClearDATA Networks Inc., CloudMine Inc., Hewlett Packard Enterprise Development LP, International Business Machines Corporation(IBM), Kinvey Inc., Koninklijke Philips NV, Medable Inc., MphRx Inc., NTT Data Communications Systems Corporation., Oracle Corporation, Salesforce Inc., Siemens AG, Allscripts Healthcare Solutions, Athenahealth, Box Cloud Storage Co., CareTech Solutions, Cerner Corporation, CoreSite Realty Corporation, Computer Programs and Systems Inc., Dell Inc., eClinicalWorks, Epic Systems Corporation, GE Healthcare, Google Cloud Healthcare, Greenway Health Co., Infor Healthcare, InterSystems, Iron Mountain Data Centers, Kronos Incorporated, McKesson Corporation, Microsoft Azure, NetApp Co., NextGen Healthcare
Table of Contents
1. Executive Summary
2. Healthcare Cloud Infrastructure Market Report Structure
3. Healthcare Cloud Infrastructure Market Trends And Strategies
4. Healthcare Cloud Infrastructure Market – Macro Economic Scenario
5. Healthcare Cloud Infrastructure Market Size And Growth
…..
27. Healthcare Cloud Infrastructure Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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