Healthcare Cloud Computing Market to Reach USD 90.46 Billion by 2027 | Industry Trends – Rise in use of cloud techniques for cost reduction

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 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.

The global healthcare cloud computing market would be hampered by factors, such as security- and privacy-related concerns, in the near future. Incorporating private health records into a remote server poses questions, wherein medical privacy laws are concerned.

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Key Highlights from the Report:

  • The Private Cloud segment is projected to command the market growth, occupying a 10.8% industry share during the estimated timeframe. In the private cloud, the organization is responsible for tracking and preserving sensitive patient data, and this can contribute to the market growth in the next years.
  • The Platform-as-a-Service (PaaS) segment is predicted to expand exponentially through the timeline attributable to the easy featuring and interpretation of PaaS services in cloud computing by the users via a web browser.
  • The Pay-as-you-go model segment is estimated to occupy the industry’s largest share accredited to the convenient access of the facilities and equipment. Another significant advantage of the model is the calculation of expenses in the reservation phase.
  • North America is estimated to occupy a significant share of the market during the projected timeframe owing to the continuous advancement in cloud technologies in healthcare industry.
  • Major participants of the market include Infosys Limited, CitiusTech Inc., Microsoft Corporation, International Business Machines Corporation (IBM), Omnicell, Inc., Salesforce.com, Inc., Allscripts Healthcare Solutions, Inc., Cisco Systems Inc., Sectra AB, and Koninklijke Philips NV.
  • Cisco Systems Inc. announced plans to gain a controlling stake in Banzai Cloud Ltd., in November 2020. The acquisition will enable Cisco to develop a cloud-based networking solution with assets and teams backing from Banzai Cloud Ltd.

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For the purpose of this report, Emergen Research has segmented the global Healthcare Cloud Computing Market on the basis of cloud type, service, application, price model, end-user, and region:

Cloud Type Outlook (Revenue, USD Billion; 2017–2027)

  • Public Cloud
  • Hybrid Cloud
  • Private Cloud

Service Outlook (Revenue, USD Billion; 2017–2027)

  • Infrastructure-as-a-Service
  • Platform-as-a-Service
  • Software-as-a-Service

Application Outlook (Revenue, USD Billion; 2017–2027)

  • Clinical Information Systems
  • Non-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 Providers
  • Healthcare Payers

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Regional Outlook (Revenue, USD Billion; 2017–2027)

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • U.K.
    • France
    • BENELUX
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Rest of APAC
  • Latin America
    • Brazil
    • Rest of LATAM
  • Middle East & Africa
    • Saudi Arabia
    • U.A.E.
    • Rest of MEA

Reasons to buy the report:

  1. This study segments the Healthcare Cloud Computing market and derives the precise valuation of the overall, as well as segment-based, market across different industry verticals, geographies, and products.
  2. The report will help participants understand the trajectory of the progress of the market and provide information on key drivers, restraints, challenges, threats, and opportunities for the growth of the Healthcare Cloud Computing sectors.
  3. This Healthcare Cloud Computing report would allow readers to be well-versed with the existing competition and gain more insights to improve their standing in the worldwide business. The competitive landscape considers the dominant competitors, along with product launches and technological advancements, strategic expansions, mergers and acquisitions, and procurement strategies implemented by key players in the Healthcare Cloud Computing market.

Key features of the report:

  • To study the key aspects impacting the Healthcare Cloud Computing market size.
  • To identify growth prospects in the Healthcare Cloud Computing market.
  • To analyze the Healthcare Cloud Computing market segments and deduce the dominant trends observed in the industry.
  • To examine the Healthcare Cloud Computing market by investigating the available products, market share, and value proposition of the products.
  • To analyze the industry by assessing the scope and application of the Healthcare Cloud Computing market and highlight the growth of each application.

Table of Content

Chapter 1. Methodology & Sources

1.1. Market Definition

1.2. Research Scope

1.3. Methodology

1.4. Research Sources

1.4.1. Primary

1.4.2. Secondary

1.4.3. Paid Sources

1.5. Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2020-2030

Chapter 3. Key Insights

Chapter 4. Healthcare Cloud Computing Market Segmentation & Impact Analysis

4.1. Healthcare Cloud Computing Market Material Segmentation Analysis

4.2. Industrial Outlook

4.2.1. Market indicators analysis

4.2.2. Market drivers’ analysis

4.2.3. Market restraints analysis

4.3. Technological Insights

4.4. Regulatory Framework

4.5. Porter’s Five Forces Analysis

4.6. Competitive Metric Space Analysis

4.7. Price trend Analysis

4.8. Covid-19 Impact Analysis

Continued…

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