Farmington, Feb. 23, 2023 (GLOBE NEWSWIRE) -- The Global Healthcare Cloud Computing Market Size Was Valued At USD 35.61 Billion In 2022 And Predicted To Surpass Around USD 127.04 Billion By 2030 With A Registered CAGR Of Around 17.2% During The Forecast Period 2022 To 2030. Most of what drives the market for Healthcare Cloud Computing is how much the energy industry needs it.
Healthcare Cloud Computing, which is also called "winding wire," is an electrical conductor that is wrapped around a coil and turned on to make an electromagnetic field. This can be used to change something else's energy. The product is usually made of copper or aluminium, and it is used in transformers, motors, and other electromagnetic equipment.
Changes in technology and rising demand from many end-use industries, like electrical and electronics, transportation, industrial, infrastructure, and others, are driving up the market's revenue. Healthcare Cloud Computing is an electrical conductor made of insulated aluminium or copper. It is also known as a "winding wire." It is used in electrical and electromagnetic devices like transformers, motors, speakers, potentiometers, hard disc head actuators, and many more. Healthcare Cloud Computing is used in everything from cell phones to high-voltage transformers, which means it is in 90% of all electrical devices.
Request Sample Copy of Report “Healthcare Cloud Computing Market Size, Share & Trends Estimation Report By Cloud Deployment (Private,Public, Hybrid), By Service (Paas, Iaas,and Saas); By Application ( Non-clinical Information System and Clinical Information System) By End-use (Healthcare Providers and Healthcare Payers), By Region, And Segment Forecasts, 2023 - 2030”, published by Contrive Datum Insights.
Recent Developments:
- In February 2022, IBM (US) acquired Neudesic, LLC (US), which aims to expand IBM's portfolio of hybrid multi-cloud services and further advance the company's hybrid cloud and AI strategy.
- In February 2022, Lyniate (US) will help customers more easily embrace a hybrid cloud approach and move mission-critical workloads from SAP solutions to the cloud in regulated and unregulated industries.
Segment Overview
Application Insights:
Clinical information system includes telehealth solution, computerised physician order entry, population health management (PHM) solutions, electronic medical records, pharmacy information system, radiology information system, and others.
In 2022, clinical information systems made up a big part of the market in terms of revenue. This was because there was a growing need to store raw data from doctors and physicians. Notes from pharmacists, doctors, and doctors, as well as prescriptions, are part of this data. While this is going on, huge amounts of clinical data are made every year, which makes it very important to have a laboratory information management system and a health information system. All of these things are making this part of the market grow.
Cloud Deployment Insights:
The healthcare cloud computing market is divided into hybrid cloud, private cloud, and public cloud based on how they are used. In 2022, the private cloud segment brought in a lot of money. This is because very sensitive patient information needs to be stored in a safe way to avoid a privacy breach that could have legal consequences.
Services Insights:
This market study looks at three different types of services: infrastructure-as-a-service, software-as-a-service, and platform-as-a-service. In 2022, SaaS services brought in the most money for the market. This is because this model has many benefits, such as safety, faster deployment, less total cost of ownership, and lower initial capital expenditures.
Regional Outlook:
Geographically, North America has a big share of the healthcare cloud computing market, and this isn't likely to change much over the next few years. The U.S. is a leader in healthcare cloud computing, mostly because healthcare IT services are used by a lot of people and are always backed up by the government.
On the other hand, the market for healthcare cloud computing in Europe is also expected to grow quickly over the next few years. This is because more and more people are learning how easy it is to get better healthcare cloud computing solutions. Also, more people are going to hospitals because the number of older people is growing, and older people are more likely to get sick. All of these are seen as good signs for the demand for healthcare software in the cloud in Europe.
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Scope of Report:
| Report Attributes | Details |
| Growth Rate | CAGR of 17.2% from 2023 to 2030. |
| Revenue Forecast by 2030 | USD 127.04 Billion |
| By Cloud Deployment | Public, Private, Hybrid, Other |
| By Application | Clinical Information System, Non-clinical Information System, Others, Others |
| By Service | Platform as a service (Paas), Infrastructure as a service (Iaas), Software as a service (Saas), Others |
| By End Users | Healthcare providers, Healthcare payers, Others |
| By Companies | Cisco Systems Inc, Allscripts Healthcare Solution Inc, Microsoft Corp, Iron Mountain Inc, Qualcomm Inc, AthenahealthInc, GNAX Health, Dell Inc, EMC Corp, IBM Cor, VMware Inc, Oracle Corp |
| Regions and Countries Covered |
|
| Base Year | 2022 |
| Historical Year | 2017 to 2022 |
| Forecast Year | 2023 to 2030 |
Drivers:
The main thing that drives demand is the growth of IT infrastructure in developed countries.
One of the main things that drives demand is the fact that IT infrastructure is getting better in developed countries. Care facilities have to deal with more patients and more information about them. This means they need access to data in real time and integration of data. Both the public and private sectors are putting money into the healthcare IT industry because of how much it could grow. This is probably going to help the market grow.
Restraints:
Two of the biggest worries that keep the market from growing are cybercrime and privacy risks.
Two big problems that make it hard for businesses to grow are cybercrime and privacy risks. Recent improvements in telemedicine, digital medical libraries, and management information systems are all based on cloud infrastructure.
Opportunities:
The market has chances because of research and development in healthcare infrastructure and the growing use of technology.
Having more cash on hand, digitising faster, and making accountable care organisations are all good things for cloud computing in healthcare. Also, the arrival of the tele cloud and the use of blockchain in the health cloud will give market participants chances to make money during the time period covered by the forecast.
Key Segments Covered:
Top Market Players:
Cisco Systems Inc, Allscripts Healthcare Solution Inc, Microsoft Corp, Iron Mountain Inc, Qualcomm Inc, AthenahealthInc, GNAX Health, Dell Inc, EMC Corp, IBM Cor, VMware Inc, Oracle Corp, and others.
By Cloud Deployment
- Public
- Private
- Hybrid
- Others
By Application
- Clinical Information System
- Telehealth Solutions
- Computerized Physician Order Entry
- Population Health Management (PHM) Solutions
- Electronic Medical Records
- Pharmacy Information System
- Radiology Information System
- Others
- Non-clinical Information System
- Revenue Cycle Management (RCM)
- Billing & Accounts Management Solutions
- Claims Management
- Others
- Others
By Service
- Platform as a service (Paas)
- Infrastructure as a service (Iaas)
- Software as a service (Saas)
- Others
By End Users
- Healthcare providers
- Healthcare payers
- Others
Regions and Countries Covered
- North America: (US, Canada, Mexico, Rest of North America)
- Europe: (Germany, France, Italy, Spain, UK, Nordic Countries, Benelux Union, Rest of Europe)
- Asia-Pacific: (Japan, China, India, Australia, South Korea, Southeast Asia, Rest of Asia-Pacific)
- The Middle East & Africa: (Saudi Arabia, UAE, Egypt, South Africa, Rest of the Middle East & Africa)
- Latin America: (Brazil, Argentina, Rest of Latin America)
- Rest Of the World
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127.04 Billion
