Healthcare Cloud Computing Market By Service models, (Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS), Software-as-a-Service (SaaS) By Pricing models, (Spot pricing or subscription model, Pay-as-you-go model), Estimation & forecast, 2016 - 2024

October 2017

 Pages: 164

 ERC 9380

Global Healthcare Cloud Computing Market is expected to reach $25.7 billion by 2024, having a CAGR of 23.4% during the forecast period of 2017 to 2024. The private cloud segment gained the highest revenue share in the global healthcare cloud computing market.

Healthcare cloud computing enables healthcare providers to store, maintain, and back up their information. The healthcare industry has a plethora of information such as patient records, patient bills, research data, medical images, prescriptions, insurance claims, and many more. The surge in adoption of electronic health records has paved the way for cloud computing in the healthcare industry. Cloud technology ensure that the healthcare providers and the patients have access to the data on demand and at any corner of the world. In the healthcare industry, cloud computing has proved to be a better and efficient substitute of huge data centers that require mammoth investments. Now days, several healthcare providers are offering services such as electronic medical records, telemedicine, patient management, and medical imaging. Moreover, the increasing geriatric populace and rising interest of people in their health wellness is urging the healthcare professionals to opt for cloud computing. Cloud computing offers economical benefits as it provides cost flexibility and potential for cost reductions. The global healthcare cloud computing market is a highly diverse and competitive market, owing to the presence of several international and regional market players around the world.

Market Determinants

The adoption of cloud technology in healthcare has offered an impressive growth to the global healthcare cloud computing market. Cloud computing provides measures that aid in controlling the quality and cost of such healthcare services. Medical infrastructures, research facilities, and hospitals can improve their computational facilities at a comparatively low capital outlay, by adoption of cloud technology. The market growth is further fuelled by the implementation of Patient Protection and Affordable Care Act (PPACA) and the flexibility offered by cloud technology in sharing and storing huge data over secure modes. However, the market growth is hampered due its high efficacy towards large organizations only. The market is anticipated to deliver humongous opportunities during the forecast period, owing to the increase in the number of accountable care organizations and innovations in wireless technology.

HEALTHCARE CLOUD COMPUTING MARKET DETERMINANTS-IMPACT ANALYSIS (2016-2024)



Segment Analysis

The global healthcare cloud computing market is segmented on the basis of service models, pricing models, end users, and geography. By service models, the market is segmented into Infrastructure-as-a Service, Platform-as-a-Service, and Software-as-a-Service. Based on pricing model, the market is segmented as spot pricing model, and pay-as-you-go model. On the basis of end users, the segment is categorized into Clinical Information System market, and Non-clinical Information System market. Geography wise, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. North America is the largest healthcare cloud computing market in terms of revenue, by holding more than half of the shares. It is expected to maintain its lead and grow with the highest CAGR of 25.6% from 2017-2024.

GLOBAL CLINICAL INFORMATION SYSTEMS MARKET BY TYPE, 2016-2024


Some eminent market players are CareCloud, ClearDATA Networks, Oracle Corporation, Microsoft, Agfa Healthcare, IBM Corporation, Cisco Systems, Inc., Intel, Carestream Health Inc., and Merge Healthcare. In August, 2017 CareCloud, a Miami-based healthcare technology company that provides a software platform for high-performing medical groups, recently added two executives to its C-suite. It released a new product for the promising field of telemedicine, fueled with a $31.5 million financing round at the end of last year.

GLOBAL HEALTHCARE CLOUD COMPUTING MARKET SEGMENTATION

By Service Models

• Infrastructure-as-a-Service (IaaS)
• Platform-as-a-Service (PaaS)
• Software-as-a-Service (SaaS)

By Pricing Models

• Spot pricing or subscription model
• Pay-as-you-go model

By End User

• Clinical Information systems (CIS) Market
o EMR
o PACS
o RIS
o Others
• Non-clinical Information systems (NCIS) Market
o RCM
o Claims management
o APB
o Others

By Geography

• North America
• Europe
• Asia-Pacific
• Rest of the World

KEY MARKET PLAYERS

• CareCloud
• ClearDATA Networks
• Oracle Corporation
• Microsoft
• Agfa Healthcare
• IBM Corporation
• Cisco Systems Inc.
• Intel
• Carestream Health Inc.
• Merge Healthcare

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    What Information does this report contain?

    • What was the market size of the Global Healthcare Cloud Computing Market in 2016 and the expected market size by 2024, along with the growth rate?
    • An in-depth analysis of the current impacting factors, opportunities and challenges/restraints in the market
    • Which are the largest revenue generating products, services or regions and their comparative growth rate?
    • Which technology is in trend and how would it evolve during the forecast period (2016 - 2024)?
    • Which are the leading companies in the Global Healthcare Cloud Computing Market and their competitive positioning basis their market share, product portfolio, strategic attempts and business focus?


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