The global healthcare cloud computing market is projected to grow at a CAGR of 21.0% over the next six years. The key drivers impeding the growth of the market include; Increasing expenditure in Healthcare IT sector, increasing focus on digitalization of healthcare data, rapid adoption of wearables, and data automation in the healthcare sector, and growing preference for Virtual healthcare offerings.
The healthcare industry is undergoing massive digital transformation. The sector is one of the most data intensive industry. Moreover, the adoption of modern healthcare information systems, which includes Electronic Health Records (EHR), Computerized Physician Order Entry (CPOE), among others, and advanced imaging technologies has led to an enormous increase in the volume and diversity of healthcare data. In order to manage this data, more and more organizations are moving to the cloud technology. Apart from reducing the cost of the infrastructure management, cloud computing enables healthcare organizations to focus entirely on clinically relevant services. Cloud computing helps smaller hospitals and individual medical practitioners to leverage the economies of scale.
The global outbreak of the COVID-19 pandemic has transformed virtual healthcare from a niche delivery model to one of the most preferred among the public. The cloud technologies have enabled the healthcare industry to implement virtual care effectively. Cloud hosted telehealth technologies have facilitated real time monitoring of patients in high-risk settings for COVID-19. Favorable reimbursement policies towards virtual healthcare have also aided in the development of the healthcare cloud computing market. Moreover, Lack of caregivers in the rural areas, especially in the developing world has always been a major concern. Cloud computing is helping patients connect with the doctors over smartphones, irrespective of their locations.
The healthcare cloud computing market may be hampered to some extent due to the concerns regarding security and privacy risks. The risk of personal information being exposed to unauthorized parties is considered to be high as the data is stored into 3rd-party, remote data centers. Most of the cloud providers are now focusing on offering risk management, and monitoring services to protect their users from unauthorized access. Furthermore, organizations are now required to comply with various regulations. These regulations include United States’ Health Insurance Portability and Accountability Act (HIPAA) for secure data portability, or the HITRUST Alliance's CSF and Europe's General Data Protection Regulation (GDPR) for the protection of personal data.
Segment overview
On the basis of service model, the healthcare cloud computing market is segmented into Infrastructure as a Service (IaaS), Platform as a Service (PaaS), Software as a Service (SaaS). The SaaS segment is expected to witness highest CAGR during the forecast period. The growth in the segment is owing to its high adoption due to its cost-effectiveness, easy customization and low maintenance. The Infrastructure as a Service (IaaS) segment is projected to grow at a significant CAGR during 2021-2027.
On the basis of region, North America holds the major share in the healthcare cloud computing market in 2020. This is mainly due to adoption of healthcare IT, and presence of key market players in the region. The Asia-Pacific healthcare cloud computing market is projected to witness high growth rate over the forecast period. The growth in the region would be fueled by heavy focus on healthcare infrastructure in the region. Moreover, the emerging economies in the region, with rising population and high disease burden, presents a lucrative market for the industry players.
The report provides detailed market outlook, and forecast of the “Global healthcare cloud computing market” based on Application, Service Model, Deployment Model, Pricing Model, End-User and by Region.
| Research Attribute | Coverage |
|---|---|
| Years Considered | 2017-2027 |
| Historical Years | 2017, 2018, 2019 |
| Base Year | 2020 |
| Forecast Period | 2021-2017 |
| Units Considered | USD Million |
| Segmentation By Application |
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| Segmentation by Service Model |
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| Segmentation By Deployment Model |
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| Segmentation By Pricing Model |
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| Segmentation By End-Use |
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| Regions Covered |
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| Key Company Profiles | Athenahealth, Inc., Amazon Web Services Inc., Allscripts Healthcare Solutions, Inc., CareCloud Corporation, Cerner Corporation, Cisco Systems, Inc, IBM, Carestream Health Inc., GE Healthcare, Microsoft Corp., Siemens Healthineers, Oracle Corporation, Salesforce.com, Inc., Dell Inc, among others. |
CHAPTER 1. Market Scope and Methodology
1.1. Research methodology
1.2. Objectives of the report
1.3. Research scope & assumptions
1.4. List of data sources
CHAPTER 2. Executive Summary
2.1. Healthcare Cloud Computing Market – Key industry insights
CHAPTER 3. Market Outlook
3.1. Market definition
3.2. Market segmentation
3.3. Value chain analysis
3.4. Technological overview
3.5. Healthcare Cloud Computing Market: developed v/s developing countries
3.6. Market opportunities & trends
3.6.1. Increasing preference for multi-cloud strategy
3.6.2. Adoption of blockchain in order to address the security issues
3.7. Market driver analysis
3.7.1. Increasing expenditure in Healthcare IT sector
3.7.2. Increasing focus on digitalization of healthcare data
3.7.3. Rapid adoption of wearables, and data automation in the healthcare sector
3.7.4. Growing preference for Virtual healthcare offerings
3.7.5. Impact analysis
3.8. Market restraint analysis
3.8.1. Shortage of skilled cloud professionals
3.8.2. Data security concerns & Interoperability issues
3.8.3. Impact analysis
3.9. PESTEL analysis
3.10. SWOT analysis
CHAPTER 4. Competitive Outlook
4.1. Competitive framework
4.2. Company market share analysis
4.3. Strategic layout
CHAPTER 5. COVID-19 Implications
5.1. Industry impact of COVID-19 pandemic
5.1.1. Impact analysis by end-use
5.1.2. Analyst recommendations
CHAPTER 6. Healthcare Cloud Computing Market Size and Forecast (2021 - 2027)
6.1. Healthcare Cloud Computing Market, By Application
6.1.1. Health information systems
6.1.2. Telehealth
6.1.3. Medical Imaging
6.1.4. Public/Self health management
6.1.5. Therapy
6.1.6. Others
6.2. Healthcare Cloud Computing Market, By Service Model
6.2.1. Infrastructure as a Service (IaaS)
6.2.2. Platform as a Service (PaaS)
6.2.3. Software as a Service (SaaS)
6.3. Healthcare Cloud Computing Market, By Deployment Model
6.3.1. Public cloud
6.3.2. Private cloud
6.3.3. Hybrid Cloud
6.4. Healthcare Cloud Computing Market, By Pricing Model
6.4.1. Pay-per-use pricing
6.4.2. Subscription pricing
6.4.3. Hybrid pricing
6.5. Healthcare Cloud Computing Market, By End User
6.5.1. Healthcare Providers
6.5.2. Healthcare Payers
CHAPTER 7. Global Healthcare Cloud Computing Market Size and Forecast, By Region (2021 - 2027)
7.1. North America Healthcare Cloud Computing Market (USD Million)
7.1.1. North America Healthcare Cloud Computing Market, By Country (USD Million)
7.1.2. North America Healthcare Cloud Computing Market, By Application (USD Million)
7.1.3. North America Healthcare Cloud Computing Market, By Service Model (USD Million)
7.1.4. North America Healthcare Cloud Computing Market, By Deployment Model (USD Million)
7.1.5. North America Healthcare Cloud Computing Market, By Pricing Model (USD Million)
7.1.6. North America Healthcare Cloud Computing Market, By End-Use (USD Million)
7.1.7. The U.S. Healthcare Cloud Computing Market (USD Million)
7.1.7.1. The U.S. Healthcare Cloud Computing Market, By Application (USD Million)
7.1.7.2. The U.S. Healthcare Cloud Computing Market, By Service Model (USD Million)
7.1.7.3. The U.S. Healthcare Cloud Computing Market, By Deployment Model (USD Million)
7.1.7.4. The U.S. Healthcare Cloud Computing Market, By Pricing Model (USD Million)
7.1.7.5. The U.S. Healthcare Cloud Computing Market, By End-Use (USD Million)
7.1.8. Canada Healthcare Cloud Computing Market (USD Million)
7.1.8.1. Canada Healthcare Cloud Computing Market, By Application (USD Million)
7.1.8.2. Canada Healthcare Cloud Computing Market, By Service Model (USD Million)
7.1.8.3. Canada Healthcare Cloud Computing Market, By Deployment Model (USD Million)
7.1.8.4. Canada Healthcare Cloud Computing Market, By Pricing Model
7.1.8.5. Canada Healthcare Cloud Computing Market, By End-Use (USD Million)
7.1.9. Mexico Healthcare Cloud Computing Market (USD Million)
7.1.9.1. Mexico Healthcare Cloud Computing Market, By Application (USD Million)
7.1.9.2. Mexico Healthcare Cloud Computing Market, By Service Model (USD Million)
7.1.9.3. Mexico Healthcare Cloud Computing Market, By Deployment Model (USD Million)
7.1.9.4. Mexico Healthcare Cloud Computing Market, By Pricing Model (USD Million)
7.1.9.5. Mexico Healthcare Cloud Computing Market, By End-Use (USD Million)
7.2. Europe Healthcare Cloud Computing Market (USD Million)
7.2.1. Europe Healthcare Cloud Computing Market, By Country (USD Million)
7.2.2. Europe Healthcare Cloud Computing Market, By Application (USD Million)
7.2.3. Europe Healthcare Cloud Computing Market, By Service Model (USD Million)
7.2.4. Europe Healthcare Cloud Computing Market, By Deployment Model (USD Million)
7.2.5. Europe Healthcare Cloud Computing Market, By Pricing Model (USD Million)
7.2.6. Europe Healthcare Cloud Computing Market, By End-Use (USD Million)
7.2.7. Germany Healthcare Cloud Computing Market (USD Million)
7.2.7.1. Germany Healthcare Cloud Computing Market, By Application (USD Million)
7.2.7.2. Germany Healthcare Cloud Computing Market, By Service Model (USD Million)
7.2.7.3. Germany Healthcare Cloud Computing Market, By Deployment Model (USD Million)
7.2.7.4. Germany Healthcare Cloud Computing Market, By Pricing Model (USD Million)
7.2.7.5. Germany Healthcare Cloud Computing Market, By End-Use (USD Million)
7.2.8. The U.K Healthcare Cloud Computing Market (USD Million)
7.2.8.1. The U.K Healthcare Cloud Computing Market, By Application (USD Million)
7.2.8.2. The U.K Healthcare Cloud Computing Market, By Service Model (USD Million)
7.2.8.3. The U.K Healthcare Cloud Computing Market, By Deployment Model (USD Million)
7.2.8.4. The U.K Healthcare Cloud Computing Market, By Pricing Model (USD Million)
7.2.8.5. The U.K Healthcare Cloud Computing Market, By End-Use (USD Million)
7.2.9. France Healthcare Cloud Computing Market (USD Million)
7.2.9.1. France Healthcare Cloud Computing Market, By Application (USD Million)
7.2.9.2. France Healthcare Cloud Computing Market, By Service Model (USD Million)
7.2.9.3. France Healthcare Cloud Computing Market, By Deployment Model (USD Million)
7.2.9.4. France Healthcare Cloud Computing Market, By Pricing Model (USD Million)
7.2.9.5. France Healthcare Cloud Computing Market, By End-Use (USD Million)
7.2.10. Italy Healthcare Cloud Computing Market (USD Million)
7.2.10.1. Italy Healthcare Cloud Computing Market, By Application (USD Million)
7.2.10.2. Italy Healthcare Cloud Computing Market, By Service Model (USD Million)
7.2.10.3. Italy Healthcare Cloud Computing Market, By Deployment Model (USD Million)
7.2.10.4. Italy Healthcare Cloud Computing Market, By Pricing Model (USD Million)
7.2.10.5. Italy Healthcare Cloud Computing Market, By End-Use (USD Million)
7.3. Asia-Pacific Healthcare Cloud Computing Market (USD Million)
7.3.1. Asia-Pacific Healthcare Cloud Computing Market, By Country (USD Million)
7.3.2. Asia-Pacific Healthcare Cloud Computing Market, By Application (USD Million)
7.3.3. Asia-Pacific Healthcare Cloud Computing Market, By Service Model (USD Million)
7.3.4. Asia-Pacific Healthcare Cloud Computing Market, By Deployment Model (USD Million)
7.3.5. Asia-Pacific Healthcare Cloud Computing Market, By Pricing Model (USD Million)
7.3.6. Asia-Pacific Healthcare Cloud Computing Market, By End-Use (USD Million)
7.3.7. China Healthcare Cloud Computing Market (USD Million)
7.3.7.1. China Healthcare Cloud Computing Market, By Application (USD Million)
7.3.7.2. China Healthcare Cloud Computing Market, By Service Model (USD Million)
7.3.7.3. China Healthcare Cloud Computing Market, By Deployment Model (USD Million)
7.3.7.4. China Healthcare Cloud Computing Market, By Pricing Model (USD Million)
7.3.7.5. China Healthcare Cloud Computing Market, By End-Use (USD Million)
7.3.8. Japan Healthcare Cloud Computing Market (USD Million)
7.3.8.1. Japan Healthcare Cloud Computing Market, By Application (USD Million)
7.3.8.2. Japan Healthcare Cloud Computing Market, By Service Model (USD Million)
7.3.8.3. Japan Healthcare Cloud Computing Market, By Deployment Model (USD Million)
7.3.8.4. Japan Healthcare Cloud Computing Market, By Pricing Model (USD Million)
7.3.8.5. Japan Healthcare Cloud Computing Market, By End-Use (USD Million)
7.3.9. India Healthcare Cloud Computing Market (USD Million)
7.3.9.1. India Healthcare Cloud Computing Market, By Application (USD Million)
7.3.9.2. India Healthcare Cloud Computing Market, By Service Model (USD Million)
7.3.9.3. India Healthcare Cloud Computing Market, By Deployment Model (USD Million)
7.3.9.4. India Healthcare Cloud Computing Market, By Pricing Model (USD Million)
7.3.9.5. India Healthcare Cloud Computing Market, By End-Use (USD Million)
7.3.10. South Korea Healthcare Cloud Computing Market (USD Million)
7.3.10.1. South Korea Healthcare Cloud Computing Market, By Application (USD Million)
7.3.10.2. South Korea Healthcare Cloud Computing Market, By Service Model (USD Million)
7.3.10.3. South Korea Healthcare Cloud Computing Market, By Deployment Model (USD Million)
7.3.10.4. South Korea Healthcare Cloud Computing Market, By Pricing Model (USD Million)
7.3.10.5. South Korea Healthcare Cloud Computing Market, By End-Use (USD Million)
7.3.11. Australia Healthcare Cloud Computing Market (USD Million)
7.3.11.1. Australia Healthcare Cloud Computing Market, By Application (USD Million)
7.3.11.2. Australia Healthcare Cloud Computing Market, By Service Model (USD Million)
7.3.11.3. Australia Healthcare Cloud Computing Market, By Deployment Model (USD Million)
7.3.11.4. Australia Healthcare Cloud Computing Market, By Pricing Model (USD Million)
7.3.11.5. Australia Healthcare Cloud Computing Market, By End-Use (USD Million)
7.3.12. Singapore Healthcare Cloud Computing Market (USD Million)
7.3.12.1. Singapore Healthcare Cloud Computing Market, By Application (USD Million)
7.3.12.2. Singapore Healthcare Cloud Computing Market, By Service Model (USD Million)
7.3.12.3. Singapore Healthcare Cloud Computing Market, By Deployment Model (USD Million)
7.3.12.4. Singapore Healthcare Cloud Computing Market, By Pricing Model (USD Million)
7.3.12.5. Singapore Healthcare Cloud Computing Market, By End-Use (USD Million)
7.4. Central & South America (CSA) Healthcare Cloud Computing Market (USD Million)
7.4.1. Central & South America (CSA) Healthcare Cloud Computing Market, By Country (USD Million)
7.4.2. Central & South America (CSA) Healthcare Cloud Computing Market, By Application (USD Million)
7.4.3. Central & South America (CSA) Healthcare Cloud Computing Market, By Service Model (USD Million)
7.4.4. Central & South America (CSA) Healthcare Cloud Computing Market, By Deployment Model (USD Million)
7.4.5. Central & South America (CSA) Healthcare Cloud Computing Market, By Pricing Model (USD Million)
7.4.6. Central & South America (CSA) Healthcare Cloud Computing Market, By End-Use (USD Million)
7.4.7. Brazil Healthcare Cloud Computing Market (USD Million)
7.4.7.1. Brazil Healthcare Cloud Computing Market, By Application (USD Million)
7.4.7.2. Brazil Healthcare Cloud Computing Market, By Service Model (USD Million)
7.4.7.3. Brazil Healthcare Cloud Computing Market, By Deployment Model (USD Million)
7.4.7.4. Brazil Healthcare Cloud Computing Market, By Pricing Model (USD Million)
7.4.7.5. Brazil Healthcare Cloud Computing Market, By End-Use (USD Million)
7.5. Middle East & Africa (MEA) Healthcare Cloud Computing Market (USD Million)
7.5.1. Middle East & Africa (MEA) Healthcare Cloud Computing Market, By Country (USD Million)
7.5.2. Middle East & Africa (MEA) Healthcare Cloud Computing Market, By Application (USD Million)
7.5.3. Middle East & Africa (MEA) Healthcare Cloud Computing Market, By Service Model (USD Million)
7.5.4. Middle East & Africa (MEA) Healthcare Cloud Computing Market, By Deployment Model (USD Million)
7.5.5. Middle East & Africa (MEA) Healthcare Cloud Computing Market, By Pricing Model (USD Million)
7.5.6. Middle East & Africa (MEA) Healthcare Cloud Computing Market, By End-Use (USD Million)
7.5.7. UAE Healthcare Cloud Computing Market (USD Million)
7.5.7.1. UAE Healthcare Cloud Computing Market, By Application (USD Million)
7.5.7.2. UAE Healthcare Cloud Computing Market, By Service Model (USD Million)
7.5.7.3. UAE Healthcare Cloud Computing Market, By Deployment Model (USD Million)
7.5.7.4. UAE Healthcare Cloud Computing Market, By Pricing Model (USD Million)
7.5.7.5. UAE Healthcare Cloud Computing Market, By End-Use (USD Million)
7.5.8. Saudi Arabia Healthcare Cloud Computing Market (USD Million)
7.5.8.1. Saudi Arabia Healthcare Cloud Computing Market, By Application (USD Million)
7.5.8.2. Saudi Arabia Healthcare Cloud Computing Market, By Service Model (USD Million)
7.5.8.3. Saudi Arabia Healthcare Cloud Computing Market, By Deployment Model (USD Million)
7.5.8.4. Saudi Arabia Healthcare Cloud Computing Market, By Pricing Model (USD Million)
7.5.8.5. Saudi Arabia Healthcare Cloud Computing Market, By End-Use (USD Million)
CHAPTER 8. Key Players and Strategic Developments
8.1. Athenahealth, Inc.
8.1.1. Business Overview
8.1.2. Product and Service Offering
8.1.3. Financial Overview
8.1.4. Strategic Developments
8.2. Amazon Web Services Inc.
8.2.1. Business Overview
8.2.2. Product and Service Offering
8.2.3. Financial Overview
8.2.4. Strategic Developments
8.3. Allscripts Healthcare Solutions, Inc.
8.3.1. Business Overview
8.3.2. Product and Service Offering
8.3.3. Financial Overview
8.3.4. Strategic Developments
8.4. CareCloud Corporation
8.4.1. Business Overview
8.4.2. Product and Service Offering
8.4.3. Financial Overview
8.4.4. Strategic Developments
8.5. Cerner Corporation
8.5.1. Business Overview
8.5.2. Product and Service Offering
8.5.3. Financial Overview
8.5.4. Strategic Developments
8.6. Cisco Systems, Inc
8.6.1. Business Overview
8.6.2. Product and Service Offering
8.6.3. Financial Overview
8.6.4. Strategic Developments
8.7. IBM
8.7.1. Business Overview
8.7.2. Product and Service Offering
8.7.3. Financial Overview
8.7.4. Strategic Developments
8.8. Carestream Health Inc.
8.8.1. Business Overview
8.8.2. Product and Service Offering
8.8.3. Financial Overview
8.8.4. Strategic Developments
8.9. GE Healthcare
8.9.1. Business Overview
8.9.2. Product and Service Offering
8.9.3. Financial Overview
8.9.4. Strategic Developments
8.10. Microsoft Corp.
8.10.1. Business Overview
8.10.2. Product and Service Offering
8.10.3. Financial Overview
8.10.4. Strategic Developments
8.11. Siemens Healthineers
8.11.1. Business Overview
8.11.2. Product and Service Offering
8.11.3. Financial Overview
8.11.4. Strategic Developments
8.12. Oracle Corporation
8.12.1. Business Overview
8.12.2. Product and Service Offering
8.12.3. Financial Overview
8.12.4. Strategic Developments
8.13. Salesforce.com, Inc
8.13.1. Business Overview
8.13.2. Product and Service Offering
8.13.3. Financial Overview
8.13.4. Strategic Developments
8.14. Dell Inc.
8.14.1. Business Overview
8.14.2. Product and Service Offering
8.14.3. Financial Overview
8.14.4. Strategic Developments
