Market Synopsis:
Health clouds are used for storing and managing information without needing to maintain an on-site physical server. It not only saves space but also is proven to be less expensive. Thus, the technology is likely to gain traction in the years to come. In the latest assessment published by Market Research Future (MRFR), it has been assessed that the global health cloud market is set to mark a moderate CAGR across the forecast period 2019 to 2024.
The adoption of the technology is anticipated to increase over the next few years as it cuts down the cost of maintaining an IT team in the healthcare organization. It is expected to catalyze revenue generation for the participants of the health cloud market in the forthcoming years.
Integration of advanced IT solutions in the healthcare industry is prognosticated to drive the growth of the health cloud market across the forecast period. In addition, the rising number of connected devices is also anticipated to pave the way for the expansion of the market in the nearby future. The key advantages offered by health clouds such as scalability, storage, cost-effectiveness, and flexibility are likely to lead the proliferation of the market through the review period. On the other hand, factors such as privacy concerns and data security are anticipated to undermine the growth pace of the health cloud market in the upcoming years.
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Market Segmentation:
On the basis of component, the health cloud market has been divided into services and software. The services segment has been further sub-segmented into implementation and maintenance, consulting, and training.
Based on deployment, the global health cloud market has been segmented into public, private, and hybrid cloud.
On the basis of service model, the health cloud market has been segmented into PaaS, IaaS, and SaaS.
Based on application, the global health cloud market has been segmented into clinical data management, data storage, analytics & reporting, care management, and others.
On the basis of end-user, the health cloud market has been segmented into pharmacies, diagnostic and imaging centers, hospitals, ambulatory centers, and others.
Competitive Dashboard:
The eminent players of the global Health Cloud Market studied in this report are Amazon Web Services, Inc. (US), IBM Corporation (US), Microsoft Corporation (US), Oracle Corporation (US), Salesforce.com Inc. (US), General Electric Company (US), Cisco Systems, Inc. (US), Siemens AG (Germany), and ClearData Networks Inc. (US). These players are anticipated to contribute to the revenue earnings of the global market through the projection period. Few other players anticipated to facilitate market growth in the years to come are Cerner Corporation (US), PLEXIS Healthcare Systems (US), Carecloud Corporation (US), Carestream Health (US), Sectra AB (Sweden), Athenahealth, Inc. (US), and Eclinicalworks, LLC (US). Investments in the expansion of global footprint are likely to increase in the upcoming years. This, in turn, is anticipated to spur competition in the health cloud market over the next couple of years.
Regional Analysis:
This study covers an exhaustive regional assessment of the global health cloud market on the basis of country and region. The regions identified in this assessment are North America, Asia Pacific (APAC), the Middle East, and Africa (MEA), Europe, and South America. North America is anticipated to secure the leading position in the global market place through the forecast period. The region has been observing large-scale penetration of cloud services in the healthcare sector. This, in turn, is projected to drive the growth pace of the health cloud market over the next few years. Asia Pacific and Europe are important revenue pockets and are poised to contribute substantially to the development of the health cloud market in the years to come.
LIST OF TABLES
Table1 Global Health Cloud Market, By Country, 2019–2024
Table2 North America: Health Cloud Market, By Country, 2019–2024
Table3 Europe: Health Cloud Market. By Country, 2019–2024
Table4 Asia-Pacific: Health Cloud Market By Country, 2019–2024
Table5 North America: Health Cloud Market, By Country
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LIST OF FIGURES
FIGURE 1 Global Health Cloud Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis Of The Global Health Cloud Market
FIGURE 4 Value Chain Of Global Health Cloud Market
FIGURE 5 Share Of The Health Cloud Market Of The Health Cloud Market In 2019, By Country (In %)
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