Healthcare Cloud Computing Market Worth US$ 80.5 billion - UnivDatos Industry Analysis- by Size, Share, Growth, Trends, and Forecast 2021-2027
Research report presented by UnivDatos, Emphasis on Services (Software-as-a-Service
(SaaS), Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS)),
Deployment (Private, Hybrid, Public), Applications (Clinical Information
System, Non-clinical Information System), End-User (Healthcare Providers,
Healthcare Payers) and Geographical analysis (key regions and countries).
As per the research report, Global Healthcare Cloud Computing
Market is expected to reach the market
valuation of US$ 80.5 billion by 2027 expanding at a reasonable CAGR of 14.5%
during the forecast period (2021-2027) from US$ 23.7 billion in 2019.
Cloud storage is a
self-service network infrastructure that helps users to access computing resources
at any time and from any place. Transforming healthcare across the cloud is
about more than just delivering patient information from various computers at
any moment, everywhere, and on any mobile device. It also discusses the
benefits of connecting medical centres and cloud users to exchange patient
health data over the Internet. It changes healthcare by allowing medical
services to exchange patient details in real-time on acute cases.
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Sample of the report browse through – https://univdatos.com/request_form/form/349
Cloud computing boosts
efficiency thereby lowering prices in the healthcare sector. Cloud
infrastructure simplifies and secures the exchange of medical records,
automates back-end procedures, and simplifies the creation and management of
telehealth apps. The increase in healthcare cloud adoption is due to improved
patient data management, reduced infrastructure load, and cost savings on the
company's side. According to a study by West Monroe Partners, 35% of healthcare
institutions surveyed had more than 50% of their data or technology in the
cloud. In comparison to other industries, healthcare has been the slowest to
embrace cloud technology. The pervasive use of cloud computing in healthcare
goes far beyond simply storing cloud architecture data. Healthcare providers
are now using this technology to improve efficiencies, streamline workflows,
and healthcare delivery expenses, and personalise care strategies to improve
efficiency. According to numerous estimates, about 93 percent of cloud
providers in healthcare are at a medium-high vulnerability risk, with almost 94
million cumulative healthcare data revealed in the past year. In addition, the average
expense of an individual health record is $50, with 7 percent of cloud
providers in operation complying with enforcement and compliance standards, and
an average health provider uploading 8 TB of data to the cloud each month.
Insights Presented in the Report
“Amongst services, SaaS segment holds the major
share”
The sector is divided into three types of services:
SaaS, IaaS, and PaaS. Because of increased security, lower cost of ownership,
faster implementation time, and limited up-front investment expenses, SaaS
dominated the market with a share of 61.3 percent in 2019 and is expected to
retain its dominance during the forecast period.
“Amongst deployment, private cloud is anticipated to dominate the market
during the analyzed period”
The competition is divided into three
categories based on deployment: private cloud, public cloud, and hybrid cloud.
Because of the increasing access and leverage it offers companies over their
data, Private Cloud accounted for a highest market revenue share of 38.7% in
2019 and is projected to remain dominant throughout the studied timeframe. It
allows businesses to personalise their cloud environment and security. The
Hybrid cloud, on the other hand, is expected to rise at the fastest CAGR during
the projected period.
For a detailed analysis of the applications in the Healthcare
Cloud Computing Market browse through – https://univdatos.com/report/global-healthcare-cloud-computing-market-current-analysis-and-forecast-2020-2027
“Amongst application, non-clinical information systems segment dominated
the market during the forecast period”
Clinical information systems and
non-clinical information systems account for the majority of the industry.
Non-clinical information systems held the highest industry sales share of 54.2
percent in 2019 and are projected to continue to do so during the forecast
period. Automating cloud-based patient billing and payments saves time,
increases practise revenues, and drastically reduces document statement costs.
Clinical information systems, on the other hand, are expected to develop at the
fastest rate over the forecast period.
“Amongst end-user, Healthcare providers segment holds the major share”
The sector is
divided between healthcare providers and healthcare payers based on end-user. Patient
data, healthcare providers had the largest market share of 68.4 percent in 2019
and are projected to continue to be the leading segment of the Healthcare
Cloud Computing market over the forecast period.
“North America represents one of the largest markets of Healthcare Cloud
Computing market”
A systematic
research was performed for various regions around the globe, including North
America (the United States, Canada, and the Rest of North America), Europe
(Germany, France, Italy, Spain, United Kingdom and Rest of Europe), Asia-Pacific
(China, Japan, India, Australia, and the Rest of APAC), and the Rest of the
World, to get a greater understanding of the global dynamics of the Healthcare
Cloud Computing Market. Because
of the growing adoption of healthcare IT solutions, electronic health records
(EHRs) by medical practitioners, regulatory measures, and usability of advanced
healthcare IT technology, North America led the industry and delivered revenue
of US$ 13.6 billion in 2019. During the forecast period, Asia-Pacific is
projected to have the highest CAGR.
Customization Options:
The Healthcare Cloud Computing Market can further be customized as per
the requirement or any other market segment. Besides this, UMI understands that
you may have your own business needs, hence feel free to connect with us to get
a report that completely suits your requirements.
Table of Contents
1 Market
Introduction
2 Research
Methodology or Assumption
3 Industry Performance
4 Executive
Summary
5 Market
Overview
6 Legal &
Regulatory Framework
7 Demand and
Supply Side Analysis
8 Value Chain
Analysis
9 Healthcare Cloud Computing Market Insights by Services
10 Market
Insights by Deployment
11 Market
Insights by Application
12 Market Insights
by End-User
13 Market
Insights by Region
14 Competitive
Scenario - Allscripts Healthcare
Solutions, Amazon Web Services, Athenahealth, Cisco Systems, Fujifilm Holdings,
GE Healthcare, IBM Corporation, Koninklijke Philips N.V., Microsoft Corporation
15 Top Company
Profiles
Labels: Healthcare Cloud Computing Market, Healthcare Cloud Computing Market growth, Healthcare Cloud Computing Market share, Healthcare Cloud Computing Market size
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