Healthcare Cloud Computing Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2015 to 2020 and Forecast 2021 to 2027

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Global Healthcare Cloud Computing Market By Product Type (Hardware, Software, Services), Deployment model (Hybrid cloud, Public cloud, Private cloud), Application (Clinical information systems, Non-clinical information systems), service model (Information service, Software service, Platform service), End-user (Healthcare Payers, Healthcare providers, Others) and Geography

 

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Report

Description

The global healthcare cloud computing market size expected reach a value of USD 67.2 billion by 2027, to grow at a CAGR of 18.6% during the forecast period 2021-2027. Healthcare Cloud Computing Market is service used for the maintaining, storing, and backing up of the health information by the healthcare providers. Cloud computing allows enterprises and users with computing capabilities for process and storage of data either in the privately owned cloud or third-party server in the data centre. Cloud computing service enhance the real-time data collection and increase the accessibility to data. Healthcare cloud computing is commonly used in remote patient monitoring. Healthcare cloud computing market is growing at a significant CAGR owing to increase in the adoption of technology by healthcare providers. Increase in the expenditure on healthcare IT by public and private sectors helps to provide better healthcare facilities and which are anticipated to the drive market growth over the forecast period. Acquisitions and mergers, collaborations are the strategies followed by the companies for increasing their revenue. For instance, in October 2015, Roper Technologies acquired the CliniSys and Atlas Medical for expanding the portfolio. Moreover, In April 2015, ClearData launched a healthcare managed cloud which runs on the Amazon Web Services.

Healthcare Cloud Computing Market

MARKET SUMMARY
-
18.6% CAGR
  • Study Period– 2021 – 2027
  • Base Year– 2020
  • CAGR– 18.6%
  • Largest Market– Asia-Pacific
  • Fastest Growing Market– North America

Healthcare Cloud Computing Market

  • The report on global healthcare cloud computing market gives historical, current and future market sizes (US$ Mn) based on product type, deployment model, application, service model, end users and geographical regions.
  • healthcare cloud computing market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
Key Players
  • GNAX Health
  • CareCloud Corporation
  • Athenahealth, Inc.
  • Iron Mountain, Inc.
  • ClearData Networks, Inc.
  • IBM Corporation
  • Nextgen Healthcare Information Systems
Healthcare Cloud Computing Market

Drivers And Restraints

Increase in the spending on healthcare IT by the governments, technological advancements in cloud computing services, rise in preference for the better healthcare facilities, growing wireless and cloud technologies are driving the healthcare cloud computing market revenue growth. Moreover, cost-efficiency of the cloud technology, a rise in adoption of information technology by the healthcare providers, and favourable government regulations expected to propel the healthcare cloud computing market over the forecast period. However, security problems in data storage, lack of industry standards and interoperability, and lack of skilled professionals expected to impede the Healthcare Cloud Computing Market growth revenue growth over the forecast period.


North-America got significant share

Healthcare Cloud Computing Market

Geographically, healthcare cloud computing market is segmented into North America, Latin America, Europe, Middle East and Africa, and Asia Pacific. Mature IT industry and presence of developed healthcare infrastructure in North America region are expected to drive healthcare cloud computing market over the forecast period. Europe holds a major share in the global market, which is attributed to rising in the adoption of healthcare cloud computing technologies, innovation of novel techniques, an increase in the preference of quality healthcare services are anticipated to propel the healthcare cloud computing market in the region. Moreover, Asia Pacific region exhibiting significant growth owing to rapidly developing healthcare infrastructure, a rise in medical tourism in Asia Pacific region, digitalization of healthcare services, an increase in the awareness expected to propel the healthcare cloud computing market in the region.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Notable Market Developments

  • In August 2017, NextGen Healthcare acquired EagleDream Health for the development of technologies in healthcare cloud computing

Key

Report Outline

Healthcare Cloud Computing Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content


Report

Company Profile

  • GNAX Health (U.S.)
  • CareCloud Corporation (U.S.)
  • Athenahealth, Inc. (U.S.)
  • Iron Mountain, Inc. (U.S.)
  • ClearData Networks, Inc. (U.S.)
  • IBM Corporation (U.S.)
  • Nextgen Healthcare Information Systems (QSI Management, LLC) (U.S.)
  • Carestream Health (U.S.)
  • VMware, Inc. (U.S.)
  • Merge Healthcare, Inc. (U.S.)
  • Roper Technologies, Inc. (U.S.)

Description

The global healthcare cloud computing market size expected reach a value of USD 67.2 billion by 2027, to grow at a CAGR of 18.6% during the forecast period 2021-2027. Healthcare Cloud Computing Market is service used for the maintaining, storing, and backing up of the health information by the healthcare providers. Cloud computing allows enterprises and users with computing capabilities for process and storage of data either in the privately owned cloud or third-party server in the data centre. Cloud computing service enhance the real-time data collection and increase the accessibility to data. Healthcare cloud computing is commonly used in remote patient monitoring. Healthcare cloud computing market is growing at a significant CAGR owing to increase in the adoption of technology by healthcare providers. Increase in the expenditure on healthcare IT by public and private sectors helps to provide better healthcare facilities and which are anticipated to the drive market growth over the forecast period. Acquisitions and mergers, collaborations are the strategies followed by the companies for increasing their revenue. For instance, in October 2015, Roper Technologies acquired the CliniSys and Atlas Medical for expanding the portfolio. Moreover, In April 2015, ClearData launched a healthcare managed cloud which runs on the Amazon Web Services.

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