QuantAlign Research

Rapid Adoption of Virtual Healthcare Amid COVID-19 Pandemic to Propel the Global Healthcare Cloud Computing Market

The global healthcare cloud computing market is projected to grow at a CAGR of 21.0% during 2021-2027 according to QuantAlign Research. 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, data automation in the healthcare sector, and growing preference for Virtual healthcare offerings.

Healthcare industry produces a lot of data, which has further increased multifold with the advancements in healthcare information systems such as Electronic Health Records (EHR), Computerized Physician Order Entry (CPOE), among others and modern imaging technologies. Due to the need to make this data accessible to healthcare providers and patients, the healthcare sector has witnessed rapid adoption of cloud computing technology.

Moreover, cloud computing enables healthcare oragnizations to reduce cost of the infrastructure management. National Institute of Standards and Technology’s (NIST) defines cloud computing as, “a model for enabling ubiquitous, convenient, on-demand network access to a shared pool of configurable computing resources (e.g., networks, servers, storage, applications and services) that can be rapidly provisioned and released with minimal management effort or service provider interaction”.

The healthcare cloud computing market is segmented into Application( Health information systems, Telehealth, Medical Imaging, Public/Self health management, Therapy), by Service Model (Infrastructure as a Service, Platform as a Service, Software as a Service), by Deployment Model (Public cloud, Private cloud, Hybrid Cloud), by Pricing Model( Pay-per-use pricing, Subscription pricing, Hybrid pricing), by End User(Healthcare Providers, Healthcare Payers), and Regions.

Browse complete report with TOC :

Healthcare Cloud Computing Market Size, Demand Outlook, COVID-19 Impact, Trend Analysis by Application (Health information systems, Telehealth, Medical Imaging, Public/Self health management, Therapy), by Service Model (Infrastructure as a Service, Platform as a Service, Software as a Service), by Deployment Model, by Pricing Model, by End User, and Industry Estimates 2021-2027 –  https://quantalignresearch.com/global-healthcare-cloud-computing-market-report/

 

Key insights: 

  • Based on application, the Software as a Service (SaaS) segment is expected to witness highest CAGR during the forecast period
  • North America holds the major share of the global healthcare cloud computing market
  • Asia-Pacific is projected to grow at the significant CAGR during the forecast period

 

Key players operating in the healthcare cloud computing market include: 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.

Key questions Answered in the report:

The global healthcare cloud computing market is projected to grow at a CAGR of 21% during 2021-2027

Key players operating in the healthcare cloud computing market include: 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.

  • How has the cloud computing in healthcare market performed, and what are its key drivers?
  • What shares do the major regional markets occupy?
  • What is the degree of competition in the healthcare cloud computing market?
  • What are the key strategies adopted by the players operating in the healthcare cloud computing market?
  • What has been the impact of COVID-19 on the healthcare cloud computing market?