Healthcare Cloud Computing Market
Growth Factors of Healthcare Cloud Computing Market
The healthcare cloud computing market size was valued at USD 46.55 billion in 2023, and the market is now projected to grow from USD 54.28 billion in 2024 to USD 197.45 billion by 2032, exhibiting a CAGR of 17.5% during the forecast period of 2024-2032.
Pandemic improved the adoption of cloud computing solutions for remote work, telehealth, and data sharing in healthcare. Healthcare vendors transitioned to cloud-based systems for continuity and operational performance, making an investment significantly in cloud infrastructure, telemedicine platforms, EHRs, and records analytics equipment.
Cloud computing permits healthcare vendors to get access to patient records every time and everywhere, improving care coordination and patient consequences. It is particularly beneficial for telehealth and remote patient tracking. Cloud structures analyze huge datasets, allowing customized treatment plans based totally on character affected person records. Interoperability among one-of-a-kind healthcare structures complements collaboration, while cloud-based patient portals permit patients to access to fitness statistics, talk with carriers, and manipulate their fitness proactively. These factors force the healthcare cloud computing market growth worldwide.
Pandemic has improved the adoption of telehealth offerings, relying on cloud computing for records storage, protection, and real-time communique. Healthcare groups are the usage of covered cloud platforms that combine telehealth with digital fitness facts, scheduling, and billing systems, enhancing operational performance and affected person care. Cloud computing helps the storage and analysis of affected person records, allowing personalised remedy plans based totally on individual health profiles, genetic statistics, and life-style factors.
Comprehensive Analysis of Healthcare Cloud Computing Market
The market is split into public, private, and hybrid cloud segments. Public cloud offers scalable sources, decreasing capital costs and transferring charges to operational budgets. Hybrid cloud optimizes assets allocation, lowering on-premises infrastructure fees. The market is categorised into Software as a Service, Platform as a Service, and Infrastructure as a Service. Clinical information systems and non-clinical records structures are the primary software segments. The healthcare companies section is expected to dominate, with cloud-based solutions improving collaboration and operational performance.
The North America region lead the healthcare cloud computing market share by benefitting a market size of USD 18.87 billion in 2023 due to increasing use of cloud services, AI, and big data applications. Cloud computing allows healthcare organizations to utilize advanced technologies like AI, machine learning, and predictive analytics, enhancing clinical decision-making, patient care customization, and operational efficiency, thus driving market growth.
Key players in the healthcare cloud computing market are expanding their global presence by offering industry-specific services, strategically acquiring regional players, and launching new solutions to expand their consumer base. Constant R&D investments are enhancing market expansion, and top companies are implementing these strategic initiatives to maintain their competitiveness. Top healthcare cloud computing companies include Amazon Web Services, CareCloud, Siemens Healthcare Private Limited, Microsoft, Dell, IBM, Oracle, e-Google,CLEARDATA, and Koninklijke Philips NV.
In May 2024, Athenahealth, a organization of Electronic Health Records (EHRs), brought specialty answers to cater to the desires of ladies's health and urgent care companies.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 17.5% from 2024 to 2032
Unit Value (USD Billion)
Segmentation By Deployment Model
- Public Cloud
- Private Cloud
- Hybrid Cloud
By Service Model
- Software as a Service (SaaS)
- Platform as a Service (PaaS)
- Infrastructure as a Service (IaaS)
By Application
- Clinical Information Systems (CIS)
- Electronic Health Records (EHR)
- Picture Archiving and Communication System (PACS)
- Radiology Information System (RIS)
- Others (COPE, PIS, etc.)
- Non-clinical Information Systems (NCIS)
- Revenue Cycle Management (RCM)
- Billings & Accounts Management Solution
- Others (SCM, HIE, etc.)
By End User
- Hospitals
- Pharmacies
- Diagnostic and Imaging Centers
- Ambulatory Centers
- Public Payers
- Private Payers
By Region
- North Ameirica (By Deployment Model, By Service Model, By Application, By End User, and By Country)
- U.S.
- Canada
- Mexico
- South America (By Deployment Model, By Service Model, By Application, By End User, and By Country)
- Brazil
- Argentina
- Rest of South America
- Europe (By Deployment Model, By Service Model, By Application, By End User, and By Country)
- U.K.
- Germany
- France
- Italy
- Spain
- Russia
- Benelux
- Nordics
- Rest of Europe
- Middle East & Africa (By Deployment Model, By Service Model, By Application, By End User, and By Country)
- Turkey
- Israel
- GCC
- North Africa
- South Africa
- Rest of Middle East & Africa
- Asia Pacific (By Deployment Model, By Service Model, By Application, By End User, and By Country)
- China
- India
- Japan
- South Korea
- ASEAN
- Oceania
- Rest of Asia Pacific
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