Cloud Computing in Healthcare Market Outlook 2027 By Industry Size, Share, Trends, Opportunity
According to TechSci Research, Global Cloud Computing in healthcare market is expected to witness a growth of steady CAGR for the forecast period, 2023-2027. The rise in the use of cloud computing technology to lower operational costs and increase flexibility, scalability, and storage capacity. Huge expenditure by the healthcare facilities to upgrade the existing healthcare infrastructure by adopting IT solutions to ensure quality treatment is provided to patients is contributing to the global cloud computing in healthcare market growth. With the introduction of electronic medical records in healthcare facilities to provide quality treatment to patients, improved diagnosis, and reduced the occurrence of medical errors, the adoption of cloud computing is increasing in the healthcare sector. It also enhances the communication between healthcare facilities and patients by providing accurate and complete information, thereby conveniently accessing patient data to provide a medical prescription. Cloud Computing in healthcare streamlines collaborative patient care, making it easier for doctors to view or share the patient’s records. Favorable regulatory standards and supportive healthcare policies by the leading authorities to promote the adoption of healthcare services among people are expected to contribute to the market growth.
Global Cloud Computing in healthcare market is segmented into application, deployment type, service type, end users, regional distribution, and company. Based on regional analysis, North America is expected to dominate the global cloud computing in the healthcare market for the next five years, 2023-2027. The increase in regulatory and financial support from the leading authorities and the growing adoption of IT services in healthcare are driving the market growth. The surge in the occurrence of data breaches in healthcare facilities is further leading to the implementation of cloud services to ensure data security.
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The major players operating in the global Cloud Computing in healthcare market are IBM Corporation, Amazon Web Services, Oracle Corporation, DXC Technology, Microsoft Corp., Cisco Systems Inc., VMware Inc., Dell Inc., Iron Mountain Inc., Siemens Healthineers, GE healthcare, Optum, Inc., Koninklijke Philips NV, Allscripts Healthcare Solutions, among others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.
- To analyze the historical growth of the market size of global Cloud Computing in healthcare market from 2017 to 2020.
- To estimate and forecast the market size of global Cloud Computing in healthcare market from 2021 to 2027 and growth rate until 2027.
- To classify and forecast global Cloud Computing in healthcare market based on application, deployment mode, service type, end users, regional distribution, and company.
- To identify dominant region or segment in the global Cloud Computing in healthcare market.
- To identify drivers and challenges for global Cloud Computing in healthcare market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global Cloud Computing in healthcare market.
- To identify and analyze the profile of leading players operating in global Cloud Computing in healthcare market.
- To identify key sustainable strategies adopted by market players in global Cloud Computing in healthcare market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers, distribution channels and presence of all major players across the globe.
TechSci Research calculated the market size of global Cloud Computing in healthcare market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- Cloud Computing in Healthcare service provider companies
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums, and alliances related to Cloud Computing in healthcare market
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Attribute | Details |
Base Year | 2021 |
Historical Data | 2017 – 2020 |
Estimated Year | 2022 |
Forecast Period | 2023 – 2027 |
Quantitative Units | Revenue in USD Million and CAGR for 2017-2021 and 2022E-2027F |
Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments covered | · Application · Deployment Type · Service Type · End User |
Regional scope | North America; Europe; Asia Pacific; South America; Middle East & Africa |
Country scope | United States, Mexico, Canada, China, India, Japan, South Korea, Australia, Singapore; Germany, France, United Kingdom, Spain, Italy, Russia; South Africa, UAE, Saudi Arabia, Qatar, Egypt; Brazil, Argentina, Colombia; Chile |
Key companies profiled | IBM Corporation, Amazon Web Services, Oracle Corporation, DXC Technology, Microsoft Corp., Cisco Systems Inc., VMware Inc., Dell Inc., Iron Mountain Inc., Siemens Healthineers, GE healthcare, Optum, Inc., Koninklijke Philips NV, Allscripts Healthcare Solutions. |
Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Report Scope:
In this report, global Cloud Computing in healthcare market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
· Global Cloud Computing in Healthcare Market, By Application:
- Clinical Information Systems
- PACS
- RIS
- LIS
- EHR/EMR
- Others
- Non-Clinical Information Systems
- APB
- RCM
- HIE
- Financial Management Solutions
- Others
- Global Cloud Computing in Healthcare Market, By Deployment Type:
- Public Cloud
- Private Cloud
- Hybrid Cloud
- Global Cloud Computing in Healthcare Market, By Service Type:
- Infrastructure as a Service (IaaS)
- Platform as a Service (PaaS)
- Software as a Service (SaaS)
- Global Cloud Computing in Healthcare Market, By End Users:
- Healthcare Providers
- Healthcare Payers
- Global Cloud Computing in Healthcare Market, By Region:
- Asia-Pacific
- China
- Japan
- South Korea
- India
- Singapore
- Australia
- North America
- United States
- Mexico
- Canada
- Europe
- Russia
- United Kingdom
- Italy
- France
- Germany
- Spain
- South America
§ Brazil
§ Argentina
§ Colombia
§ Chile
o Middle East & Africa
§ South Africa
§ Saudi Arabia
§ UAE
§ Qatar
§ Egypt
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global Cloud Computing in healthcare market.
About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
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