Healthcare Cloud Computing Market Size, Share & Trends Analysis Report By Type (Clinical Information Systems, Non-clinical Information Systems), By Deployment, By Pricing Model, By Service Model, By End-use, By Region, And Segment Forecasts, 2024 - 2030

Healthcare Cloud Computing Market Size, Share & Trends Analysis Report By Type (Clinical Information Systems, Non-clinical Information Systems), By Deployment, By Pricing Model, By Service Model, By End-use, By Region, And Segment Forecasts, 2024 - 2030

Healthcare Cloud Computing Market Growth & Trends

The global healthcare cloud computing market size is anticipated to reach USD 45.1 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 12.7% from 2024 to 2030. The associated benefits of data analytics and increase in demand for flexible & scalable data storage by healthcare professionals is expected to drive the demand for these services over the forecast period.

Healthcare organizations are digitalizing their IT infrastructure and deploying cloud servers to improve features of systems. These solutions help organizations in reducing infrastructure cost & interoperability issues and aid in complying with regulatory standards. Hence, rising demand from health professionals to curb IT infrastructure costs and limit space usage are anticipated to boost market growth over the forecast period.

Increase in government initiatives undertaken to develop and deploy IT systems in this industry is one of the key drivers of this market. Moreover, increase in partnerships between private & public players and presence of a large number of players offering customized solutions are some of the factors anticipated to drive demand in the coming years.

Healthcare Cloud Computing Market Report Highlights

• Nonclinical information systems dominated the market and accounted for a market share of 50.7% in 2023. It can be attributed to the larger penetration of cloud computing services for various applications such as fraud management, financial management, healthcare information exchange, and others.
• Private cloud dominated the market and accounted for a market share of 37.6% in 2023. Private clouds enable healthcare organizations to maintain high levels of security, access control, and customization.
• Private deployment model dominated the overall market owing to its benefits and ease of usage
• Healthcare providers dominated the market and accounted for a market share of 57.0% in 2023. It can be attributed to the rising number of hospital connections over the cloud impacting the demand of the SaaS model.
• Pay-as-you-go dominated the market and accounted for a market share of 55.0% in 2023. It can be attributed to the various benefits it provides such as the less initial investment.
• North America healthcare cloud computing market dominated in 2023. This can be attributed to the increasing geriatric population and the growing prevalence of various chronic diseases in this region.

Please note The report will be delivered in 2-3 business days upon order notification.