Market Overview:
The global cloud technologies in healthcare market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The growth of this market can be attributed to the increasing demand for cloud-based solutions by healthcare providers and payers across the globe. Cloud-based solutions offer various benefits such as improved efficiency, reduced costs, and enhanced security. These benefits are driving the adoption of cloud-based solutions among healthcare providers and payers. The global cloud technologies in healthcare market is segmented on the basis of type, application, and region. On the basis of type, it is segmented into software-as-a-service (SaaS), platform-as-a service (PaaS), and infrastructure -as -a service (IaaS). SaaS dominates this market owing to its advantages such as low cost, scalability, and easy deployment over other types of clouds services .On th e basis o f application , thi s mark et i s segm ent ed int o he althca re provid ers an d healt hca re pa yer s . He alt hc are p rovid ers acce pt clou d solut ions t o improv e their oper ation al efficie ncy an d redu ce cos ts .
Product Definition:
Cloud technology is the delivery of computing services over the internet. It is a way to provide reliable, secure access to information and applications from anywhere at any time. Cloud technology can be used in many industries, but it has become especially popular in healthcare because of its ability to improve patient care while reducing costs.
Software-as-a-service (SaaS):
Software-as-a-service (SaaS) is a model in which the software is divided into two parts: the service and the software. The SaaS service includes various benefits such as easy to use, flexibility, cost effective, etc. In addition, it offers many advantages over traditional solutions such as cloud storage or file sharing; it also helps to reduce IT overhead costs and improve operational efficiency by eliminating hardware inventory and reducing maintenance & support costs.
Platform-as-a-service (PaaS):
Platform-as-a-service (PaaS) is a cloud computing model where the software platform is provided to the client or user as a service. In this model, the developer does not have to maintain and manage all of the components. The PaaS acts as an environment where developers can develop, test, and deploy applications without having to purchase any additional hardware. It also helps in reducing time spent on developing new applications by providing readymade solutions for various business problems.
Application Insights:
Healthcare providers are expected to be the major application segment over the forecast period. The increasing need for managing medical information and rising demand for cloud computing among healthcare providers are some of the factors driving this market. Furthermore, government initiatives such as eHealth Canada, European Health Insurance Card (EHIC), and Ministries of Health in countries such as China, India and Brazil are contributing to this growth by providing subsidies on a rental basis for equipment used in electronic health records. This is further anticipated to drive demand from healthcare providers over the forecast period.
The payers segment is expected to grow at a significant rate during the study period owing to increasing penetration of advanced technologies that help reduce costs associated with processing claims or payments while simultaneously improving service quality.
Regional Analysis:
North America dominated the global market in 2017. The growth can be attributed to the presence of major players, such as Amazon Web Services (AWS), Inc., and Google LLC. Moreover, increasing investments by governments for developing healthcare IT infrastructure is also expected to drive demand over the forecast period. For instance, according to a recent study published by HealthIT Analytics Center (HC), U.S.
Asia Pacific region is anticipated to witness lucrative growth over the forecast period owing to increasing adoption of cloud technologies in countries such as China and India due to factors such as regulatory reforms.
Growth Factors:
- Increased demand for cloud-based healthcare solutions from small and medium-sized healthcare providers due to the lower cost and faster deployment times compared to on-premise solutions.
- The increasing use of big data analytics in the healthcare sector to improve patient care, including personalized medicine and population health management.
- The growing trend of Healthcare Consumerism, where patients are taking a more active role in their own care, resulting in an increased demand for self-service tools and mobile apps from healthcare providers.
- The increasing number of government mandates and regulations requiring the use of electronic health records (EHRs) and other cloud-based technologies in the healthcare sector.
- The accelerating pace of technological innovation in the cloud computing market, with new services such as artificial intelligence (AI), machine learning, blockchain technology, etc., being applied to Healthcare IT applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Cloud Technologies in Healthcare Market Research Report
By Type
Software-as-a-service (SaaS), Platform-as-a-service (PaaS), Infrastructure-as-a-service (IaaS)
By Application
Healthcare Providers, Healthcare Payers
By Companies
Athenahealth, CareCloud Corporation, VMware, Merge Healthcare, IBM Coeporation, ClearData Networks, Carestream Health, Lexmark International, NTT Data Corp, Iron Mountain
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
224
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Cloud Technologies in Healthcare Market Report Segments:
The global Cloud Technologies in Healthcare market is segmented on the basis of:
Types
Software-as-a-service (SaaS), Platform-as-a-service (PaaS), Infrastructure-as-a-service (IaaS)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Healthcare Providers, Healthcare Payers
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Athenahealth
- CareCloud Corporation
- VMware
- Merge Healthcare
- IBM Coeporation
- ClearData Networks
- Carestream Health
- Lexmark International
- NTT Data Corp
- Iron Mountain
Highlights of The Cloud Technologies in Healthcare Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Software-as-a-service (SaaS)
- Platform-as-a-service (PaaS)
- Infrastructure-as-a-service (IaaS)
- By Application:
- Healthcare Providers
- Healthcare Payers
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cloud Technologies in Healthcare Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cloud technologies are a set of computer software and services that allow users to access information and applications over the Internet. They can be used to store data, run applications, and communicate with other people or systems.
Some of the major players in the cloud technologies in healthcare market are Athenahealth, CareCloud Corporation, VMware, Merge Healthcare, IBM Coeporation, ClearData Networks, Carestream Health, Lexmark International, NTT Data Corp, Iron Mountain.
The cloud technologies in healthcare market is expected to grow at a compound annual growth rate of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cloud Technologies in Healthcare Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cloud Technologies in Healthcare Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cloud Technologies in Healthcare Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cloud Technologies in Healthcare Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cloud Technologies in Healthcare Market Size & Forecast, 2020-2028
4.5.1 Cloud Technologies in Healthcare Market Size and Y-o-Y Growth
4.5.2 Cloud Technologies in Healthcare Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Software-as-a-service (SaaS)
5.2.2 Platform-as-a-service (PaaS)
5.2.3 Infrastructure-as-a-service (IaaS)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Healthcare Providers
6.2.2 Healthcare Payers
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cloud Technologies in Healthcare Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cloud Technologies in Healthcare Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Software-as-a-service (SaaS)
9.6.2 Platform-as-a-service (PaaS)
9.6.3 Infrastructure-as-a-service (IaaS)
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Healthcare Providers
9.10.2 Healthcare Payers
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Software-as-a-service (SaaS)
10.6.2 Platform-as-a-service (PaaS)
10.6.3 Infrastructure-as-a-service (IaaS)
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Healthcare Providers
10.10.2 Healthcare Payers
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Software-as-a-service (SaaS)
11.6.2 Platform-as-a-service (PaaS)
11.6.3 Infrastructure-as-a-service (IaaS)
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Healthcare Providers
11.10.2 Healthcare Payers
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Software-as-a-service (SaaS)
12.6.2 Platform-as-a-service (PaaS)
12.6.3 Infrastructure-as-a-service (IaaS)
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Healthcare Providers
12.10.2 Healthcare Payers
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Software-as-a-service (SaaS)
13.6.2 Platform-as-a-service (PaaS)
13.6.3 Infrastructure-as-a-service (IaaS)
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Healthcare Providers
13.10.2 Healthcare Payers
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cloud Technologies in Healthcare Market: Competitive Dashboard
14.2 Global Cloud Technologies in Healthcare Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Athenahealth
14.3.2 CareCloud Corporation
14.3.3 VMware
14.3.4 Merge Healthcare
14.3.5 IBM Coeporation
14.3.6 ClearData Networks
14.3.7 Carestream Health
14.3.8 Lexmark International
14.3.9 NTT Data Corp
14.3.10 Iron Mountain
