736 , Shakti Khund III , New Delhi
+1778-732-2565

Global Healthcare Cloud Computing Market By Component (Software & Services), By Deployment Model (Private Cloud, Hybrid Cloud, Others), By End-Users, By Service Model, By Application, By Region, Forecast & Opportunities to 2026

The global healthcare cloud computing market accounted for a value of USD 24.4 billion in 2019 and is projected to register growth at a CAGR of 15.7% during forecast period.

COVID-19 has impacted the healthcare cloud computing market. All the organizations have to shift its operation to work from home due to lockdown and to run smoothly they need to adopt cloud computing infrastructure. Cloud computing helps in hassle free data storage and backup. Many hospital staff are getting affected due to corona virus and in order to maintain social distancing norms and to provide safety to the staff members many hospitals are adopting cloud computing. Cloud computing infrastructure helps patients opt for remote consultation using video conferencing and phone calls with healthcare staff. The pandemic leads to huge market growth in cloud computing.

Definition:

Cloud computing allows healthcare providers to have a easy access to the patients data which collected through different internal sources. It widely used for analyzing and storing data. It helps in backup also and cloud computing is widely adopted in healthcare as it gives timely prescription and treatment protocols.

Market Dynamics (Drivers/Opportunities):

Healthcare providers collect and generate data from vast internal sources such as lab test, radiology images, pharmacy sales and electronic health records.  This data grows exponentially every year and hospitals need cloud computing to store this data and backup. The cloud computing is extremely beneficial for healthcare units to manage patients record and data. This leads to wide adoption of cloud computing healthcare infrastructure and drives growth in healthcare cloud computing market during forecast period.

Healthcare cloud computing infrastructure helps in effective management of large volume data which needs significant IT bandwidth and computing power. The healthcare segment is shifting towards value-based environment. This increases the use of healthcare cloud computing and drives growth in this market during forecast period.

Market Insights, by Component

On the basis of component, the healthcare cloud computing market is segmented into software and services. The services segment is estimated to register growth at highest CAGR during forecast period. The services segment has a recurring nature such as consulting, maintenance, software upgrades and installation. The adoption of software segment is increasing rapidly around the globe and this drives growth in software segment during forecast period.

Market Insights, by Application

On the basis of application, the healthcare cloud computing market is segmented into clinical information systems and non-clinical information system. The clinical information systems segment accounted for a value of USD XX billion in 2019. The demand for maintain data was high in 2019. However, the non-clinical segment is estimated to lead the market and register growth at XX% CAGR during forecast period. The non-clinical information systems are widely adopted to manage administrative data generated by hospitals and this data is difficult to manage. It is also used to track payment data of patients and revenue generated through reimbursements policies. It helps in integrating data and this increases its adoption. This drives growth in the non-clinical information systems segment during forecast period.

Market Insights, by End-Users

On the basis of end-users, the healthcare cloud computing market is segmented into public payers, private payers, ambulatory centers, diagnostic & imaging centers, pharmacies and hospitals. Hospitals segment accounted for largest market share during forecast period. However, the pharmacies segment is estimated to grow at CAGR of XX% during forecast period. The demand and adoption of healthcare cloud computing infrastructure is increasing in pharmacies segment. It helps in maintaining the data of medical prescriptions. This helps pharmacist in tracking historical data of medicine sold and payment received from patients. The technological advancement has made pharmacies dependent on software. This drives growth in pharmacies segment during forecast period.

Regional Insights

Asia-Pacific region is estimated to register growth at highest CAGR during forecast period. The population is very high in this region which leads to high volume of generated data of patients as the disease are growing immensely in this region. The governments of various countries in Asia-Pacific region are adopting many initiatives to support digitization in healthcare segment which contributes in rapid growth of healthcare cloud computing market. The corona virus outbreak also increased market growth of virtual care and telehealth market. This drives growth in Asia-Pacific region during forecast period.

Key Companies & Market Share Insights

The key market players in healthcare cloud computing market are IBM, Carestream Health Inc., Athenaheal Inc., Carecloud Corporation, Siemens Healthineers AG,  eClinical Works, Koninklijke Philips, Allscripts Healthcare solutions, NTT Data Corporation, Sectra AB, GE Healthcare, Nextgen Healthcare, DXC Tecchnology, Infinitt Healthcare, Hyland Software Inc., Fujifilm Holdings Corporation and Orion Health Group.

Segments Covered in the Report

This report forecasts The Global Healthcare Cloud Computing Market, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2026. For the purpose of this study, Our Company has segmented the global healthcare cloud computing market report on the basis of component, deployment model, service model, application and end-users.

Healthcare Cloud Computing Market Size & Forecast (2017-2026)

  1. Research Framework
    • Market Definition and Product Overview
    • Market Segmentation
  2. Research Methodology
    • Qualitative Research
      • Primary & Secondary Sources
    • Quantitative Research
      • Primary & Secondary Sources
    • Breakdown of Primary Research Respondents, By Region
      • Secondary Research
      • Primary Research
    • Breakdown of Primary Research Respondents, By Industry Participants
      • Market Size Estimation
      • Assumption for the Study
      • Market Breakdown & Data Triangulation
  1. Executive Summary
    • Market Snapshot
  2. Industry Insights
    • Industry ecosystem analysis
      • Value Chain Analysis
    • Industry impact and forces
      • Growth Drivers
      • Challenges &Restraints
      • Opportunities
    • Disruptive Technological Analysis
    • Regulatory framework
      • North America
      • Europe
      • Asia Pacific
      • Middle East & Africa
      • South America
    • Growth potential analysis, 2019
    • Porter’s Five forces analysis
    • Pricing Analysis
      • North America
      • Europe
      • Asia Pacific
      • Middle East & Africa
      • South America
  1. COVID – Impact Analysis
    • North America
    • Europe
    • Asia Pacific
    • Middle East & Africa
    • South America
  2. Healthcare Cloud Computing Market, By Component , Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • Software
  • Services
  1. Healthcare Cloud Computing Market, By Application, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • Clinical Information Systems
  • Non-Clinical Information System
  1. Healthcare Cloud Computing Market, By Service Model, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • Software-as-a-Service (SaaS)
  • Platform-as-a-Service (PaaS)
  • Infrastructure-as-a-Service (IaaS)
  1. Healthcare Cloud Computing Market, By Deployment Model, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • Public Cloud
  • Private Cloud
  • Hybrid Cloud
  1. Healthcare Cloud Computing Market, By End-Users, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • Public Payers
  • Private Payers
  • Ambulatory Centers
  • Diagnostic & Imaging Centers
  • Pharmacies
  1. Healthcare Cloud Computing Market, By Region, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • North America Market Size & Forecast To 2026
    • Market Overview
    • COVID-19 Impact
    • By Component
    • By Application
    • By Service Model
    • BY Deployment Model
    • By End-Users
    • By Country
      • USA
        • By End-Users
      • Canada
      • Mexico
    • South America Market Size & Forecast To 2026
      • Market Overview
      • COVID-19 Impact
      • By Component
      • By Application
      • By Service Model
      • BY Deployment Model
      • By End-Users
      • By Country
        • Brazil
          • By End-Users
        • Argentina
        • Chile
        • Rest of South America
      • Europe Market Size & Forecast To 2026
        • Market Overview
        • COVID-19 Impact
        • By Component
        • By Application
        • By Service Model
        • BY Deployment Model
        • By End-Users
        • By Country
          • UK
            • By End-Users
          • Germany
          • France
          • Italy
          • Rest of Europe
        • APAC Market Size & Forecast To 2026
          • Market Overview
          • COVID-19 Impact
          • By Component
          • By Application
          • By Service Model
          • BY Deployment Model
          • By End-Users
          • By Country
            • China
              • By End-Users
            • India
            • Japan
            • South Korea
            • Australia
            • Rest of APAC
          • Middle East & Africa Market Size & Forecast To 2026
            • Market Overview
            • COVID-19 Impact
            • By Component
            • By Application
            • By Service Model
            • BY Deployment Model
            • By End-Users
            • By Country
              • Saudi Arabia
                • By End-Users
              • UAE
              • Qatar
              • Kuwait
              • South Africa
              • Rest of Middle East & Africa
  1. Competitive Landscaping
    • Competitive Benchmarking
      • Market Share Analysis, 2019
      • Global Presence and Growth Strategies
        • Mergers & Acquisitions
        • New Product Launches
        • Investments Trends
        • R&D Initiatives
  1. Company Profile
    • Orion Health Group
      • Company Overview
      • Financial Overview
      • Product Portfolio
      • Recent Developments
      • SWOT Analysis
      • Strategic Outlook
    • IBM
    • Carestream Health Inc.
    • Athenaheal Inc.
    • Carecloud Corporation
    • Siemens Healthineers AG
    • eClinical Works
    • Koninklijke Philips
    • Allscripts Healthcare Solutions
    • NTT Data Corporation
    • Sectra AB
    • GE Healthcare
    • Nextgen Healthcare
    • DXC Tecchnology
    • Infinitt Healthcare
    • Hyland Software Inc.
    • Fujifilm Holdings Corporation
  2. Appendix
    • Interrelated Market

Research Methodology

1.1     Research Methodology

The process of market research at PAN Market Consulting is very intuitive being iterative in nature and usually follows the path where Information gathered from secondary research is used to build data models, which are than validated from primary participants. Then same cycle repeats where, according to inputs from primary participants, additional secondary research is done, and new information type is again incorporated into data model. The process continues till desired level of information is not generated.

To calculate the market size, the report considers the revenue generated from the sales of the product/services. The revenue generated from the sales of product/services has been calculated through primary and secondary research. The report also analyses the key players operating in the market at the global level which are identified through secondary research and a corresponding detailed analysis of the top vendors in the market. The market size calculation also includes product segmentation determined using secondary sources and verified through primary sources.

1.2     Secondary Research

The secondary research source that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • Internal and external proprietary databases, relevant patent and regulatory databases
  • National government documents, statistical databases and market reports
  • News articles, press releases and web-casts specific to the companies operating in the market

The source for secondary research includes but is not limited to Factiva, Hoovers and Statista

SecondaryResearch

1.3     Primary Research

We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate data and analysis. A typical research interview fulfills the following end users:

  • It provides first-hand information on the market size, market trends, growth trends, competitive landscape, future outlook etc.
  • Helps in validating and strengthening the secondary research findings
  • Further develops the analysis team’s expertise and market understanding
  • Primary research involves E-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/ product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts, research analysts specializing in specific markets
  • Key opinion leaders specializing in different areas corresponding to different industry end users

1.4     Models

Where no hard data is available, we use modeling and estimates in order to produce comprehensive data sets. A rigorous methodology is adopted in which the available hard data is cross referenced with the following data products to produce estimates:

  • Demographic data: Population split by segment
  • Macro-economic indicators: GDP, etc.
  • Industry indicators: Expenditure, product stage & infrastructure, sector growth and facilities.

Data is then cross checked by the expert panel.

1.4.1 Company Share Analysis Model

Company share analysis is used to derive the size of global market. As well as study of revenues of companies for last three to five years also provide the base for forecasting the market size and its growth rate. This model is built in following steps:

ResearchMethodology1

1.4.2 Revenue Based Modeling

Revenue based models can be built in two ways – Top-Down or Bottom-Up irrespective of industry. Market size estimated from company share analysis acts as a validation point for bottom-up approach whereas it acts as starting point for top-down approach.

ResearchMethodology2

Please share your details to receive a sample copy of the report

Single User : $3750
Multi User : $6100
Buy Now

 

Why Choose Us

  • 24*7 Post Sales Support
  • Speak to Analyst for Presentations
  • 15% Free Customization
  • Global, Regional & Country level reports
  • Special Discounts for Startups & Educational Institutions

Questions ?

  • What is 15% Free Customization?
  • What is Report Subscription?
  • What is the Delivery Time of the Report?

What You Get

Data Excel Sheets

Report in PDF

Report Subscription

Analyst Support

What's Included

Market Intelligence

Competitive Intelligence

Opportunities and Challenges

Strategic Recommendations