Healthcare Cloud Computing Market | Global Industry Trend, Size Analysis & Forecast, 2020-2027
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Market Size – USD 25.90 Billion in 2019, Market Growth – at a CAGR of 17.9%, Market Trends – Rise in use of cloud techniques for cost reduction
VANCOUVER, BC, CANADA, June 6, 2022 /EINPresswire.com/ -- The global healthcare cloud computing market is estimated to reach USD 90.46 Billion by 2027, according to a current analysis by Emergen Research. The global healthcare cloud computing market is estimated to expand significantly in the near future, due to the increasing demand for cost-effective healthcare services. Rising demand for cloud technology in healthcare facilities and growing use of cloud techniques for cost cuts in the healthcare industry are expected to boost the global healthcare cloud computing market during the forecast period. Doctors and medical organizations achieve cost reductions to a significant extent by using cloud techniques. Although healthcare organizations and physicians do not need to spend large sums on technology, equipment, and repairs, cloud computing providers can deal with such issues.
Emergen Research has published a new market research report titled Global Halthcare Cloud Computing Market Forecast to 2027 comprising statistical data represented in tables, pie charts, graphs, and figures to aid in easy understanding of the market. The research report provides a comprehensive assessment of the market and provides a futuristic perspective about the market trends, growth factors, facts, and industry validated market data. It provides an in-depth assessment of market size, market share, revenue growth, along with a comprehensive analysis of the competitive landscape with extensive profiling of the key competitors. Rising investments and technological advancements are expected to significantly drive the growth of the market throughout the forecast period.
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Key Highlights of Report
In November 2020, Cisco Systems Inc. declared to acquire Banzai Cloud Ltd. The acquisition would help Cisco build a cloud-native networking solution with the support from Banzai in terms of teams and assets.
The private cloud segment is projected to lead the global healthcare cloud computing market, with a market share of 18.0% during the forecast period. In private clouds, the capacity to track and preserve sensitive patient data persists within the organization. This would drive the segment in the near future.
The Platform-as-a-Service (PaaS) segment is expected to expand substantially during the forecast period. Platform-as-a-Service (PaaS) services in cloud are easily featured as well as interpreted by users through a web browser.
The pay-as-you-go model segment is expected to hold the largest market share during the forecast period. The most significant benefit of this model is that facilities or equipment are accessible and the expense is calculated within the reservation phase.
The North America region is expected to hold the largest share of the global healthcare cloud computing market during the forecast period. The continuing developments in technologies in cloud computing applications for healthcare also bolstered the growth of healthcare providers.
The report offers a comprehensive overview of the competitive landscape and covers company profiles, production and manufacturing capacity, product portfolio, expansion strategies, and business initiatives such as mergers and acquisitions, joint ventures, collaborations, partnerships, and product launches and brand promotions among others. It also offers key insights into financial standing, market reach, global position, gross profit margins, and investment and funding initiatives.
Major Players/Manufacturers profiled in the report are:
Koninklijke Philips NV, Microsoft Corporation, Cisco Systems Inc., Infosys Limited, Omnicell, Inc., CitiusTech Inc., Salesforce.com, Inc., Sectra AB, Allscripts Healthcare Solutions, Inc., and International Business Machines Corporation (IBM).
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Emergen Research has segmented the global healthcare cloud computing market based on cloud type, service, application, price model, end-user, and region.
Cloud Type Outlook (Revenue, USD Billion; 2017–2027)
Hybrid Cloud
Private Cloud
Public Cloud
Service Outlook (Revenue, USD Billion; 2017–2027)
Platform-as-a-Service
Infrastructure-as-a-Service
Software-as-a-Service
Application Outlook (Revenue, USD Billion; 2017–2027)
Non-clinical Information Systems
Clinical Information Systems
Price Model Outlook (Revenue, USD Billion; 2017–2027)
Pay-as-you-go
Spot Pricing
End-user Outlook (Revenue, USD Billion; 2017–2027)
Healthcare Payers
Healthcare Providers
Regional Analysis:
The report sheds light on the region expected to dominate the Halthcare Cloud Computing market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share each region is anticipated to hold during the forecast period. The report analyzes the spread of the Halthcare Cloud Computing market in key geographies covering North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis offers an idea about the production and consumption pattern, import/export, supply and demand ratio, revenue contribution, market share and size, and the presence of prominent players in each region.
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The report further sheds light on the strength, weaknesses, opportunities, and threats faced by the companies in the global Halthcare Cloud Computing market and additionally measures the feasibility and investment return analysis in the report. Furthermore, the report is furnished with the latest impact of the COVID-19 pandemic on the market and covers the initial and future assessment of the COVID-19 impact on the market. The report is a qualitative and quantitative assessment of the global Halthcare Cloud Computing market that has been formulated by extensive primary and secondary research with the data further validated from industry experts and professionals.
Key Benefits of the Report:
Comprehensive analysis of the competitive scenario and its changing dynamics
Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
In-depth 8 year analysis of the Global Halthcare Cloud Computing Market
Critical assessment of the key market segments
Comprehensive analysis of the drivers, restraints, trends, and opportunities
Detailed regional analysis and extensive company profiling
Extensive assessment of current and emerging trends of the market
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Healthcare Cloud Computing Market Size Worth USD 90.46 Billion by 2027
