Market Overview:
The global health cloud market is expected to grow at a CAGR of 16.5% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for cloud-based healthcare solutions and services, rising adoption of big data and analytics in the healthcare sector, and growing need for secure and efficient data management solutions. Based on type, the global health cloud market is segmented into clinical data management, analytics and assessments, data storage, care management, and others. The clinical data management segment is expected to account for the largest share of the market in 2018. This can be attributed to the increasing demand for cloud-based clinical information systems that help improve patient care quality and safety. Based on application, the global health cloud market is segmented into private sector (hospitals/clinics), public sector (government organizations), academic institutions/research institutes), pharmaceuticals & medical device companies)and others segments).
Product Definition:
Cloud-based health technology is a way to store and manage electronic health records (EHRs) and other personal health information. It allows patients, doctors, and other healthcare providers to access this information from any computer or mobile device with an Internet connection. This can improve communication between caregivers, make it easier for patients to track their own health data, and allow for more coordinated care.
Clinical Data Management:
Clinical Data Management (CDM) is the process of capturing, organizing, storing and retrieving clinical information. It includes patient data management in electronic health record (EHR), laboratory test data management in sample tracking system (SSS), medical device data management in medical device event stream (MDES) and pharmaceutical company clinical trial data management.
Analytics and Assessments:
Ans: It is a software system that helps in collecting, organizing, analyzing and interpreting data. The information obtained from the analyzed data is used by healthcare providers to improve patient care and outcomes.
It also helps in improving efficiency of various functions such as clinical trial registration, medical device approval process, physician performance evaluation and others.
Application Insights:
The private segment held the largest revenue share of over 60% in 2017. The segment is expected to continue its dominance over the forecast period owing to factors such as an increase in demand for electronic medical records and rising concerns regarding data breaches. In addition, a rise in demand for managing chronic diseases such as diabetes and an increase in spending on healthcare are also expected to drive the segment growth during the forecast period.
The public sector accounted for a significant revenue share of around 25%in 2017 due to factors such as government initiatives that aim at improving population health, increasing access to quality healthcare services and reducing hospital acquired infections (HAIs). Furthermore, growing investments by governments across various countries towards developing disease management solutions are further anticipated fuel their cloud computing needs thereby driving market growth during the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period due to increasing investments by governments and other organizations for improving healthcare outcomes at lower costs. Moreover, technological advancements such as cloud computing are further augmenting the regional market growth.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rising demand for improved healthcare infrastructure and services along with growing awareness about chronic diseases among people of this region. In addition, economic development in countries such as India and China has led these nations being a potential outsourcing destination for service providers across various industries including health care industry which also contributes towards regional growth prospects.
Growth Factors:
- Increasing demand for cloud-based healthcare solutions from small and medium-sized healthcare providers
- Proliferation of mobile health (mHealth) applications and services
- Emergence of big data and analytics in the healthcare industry
- Growing popularity of telehealth services
- Rising demand for cloud-based health information exchange (HIE) solutions
Scope Of The Report
Report Attributes
Report Details
Report Title
Health Cloud Market Research Report
By Type
Clinical Data Management, Analytics and Assessments, Data Storage, Care Management, Others
By Application
Private, Public, Others
By Companies
Microsoft Corporation (US), IBM Corporation (US), Oracle Corporation (US), Salesforce.com Inc. (US), General Electric Company (US), Cisco Systems Inc. (US), Siemens AG (Germany), Cleardata Networks Inc. (Us)
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
192
Number of Tables & Figures
135
Customization Available
Yes, the report can be customized as per your need.
Global Health Cloud Market Report Segments:
The global Health Cloud market is segmented on the basis of:
Types
Clinical Data Management, Analytics and Assessments, Data Storage, Care Management, Others
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
Private, Public, Others
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:
- Microsoft Corporation (US)
- IBM Corporation (US)
- Oracle Corporation (US)
- Salesforce.com Inc. (US)
- General Electric Company (US)
- Cisco Systems Inc. (US)
- Siemens AG (Germany)
- Cleardata Networks Inc. (Us)
Highlights of The Health Cloud 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:
- Clinical Data Management
- Analytics and Assessments
- Data Storage
- Care Management
- Others
- By Application:
- Private
- Public
- Others
- 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 Health Cloud 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.
How you may use our products:
- Correctly Positioning New Products
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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?
Health Cloud is a cloud-based platform that helps healthcare providers manage patient data. It offers a variety of features, such as electronic health records (EHRs), patient portals, and medication management. Health Cloud also allows providers to share information with other healthcare professionals and patients.
Some of the major players in the health cloud market are Microsoft Corporation (US), IBM Corporation (US), Oracle Corporation (US), Salesforce.com Inc. (US), General Electric Company (US), Cisco Systems Inc. (US), Siemens AG (Germany), Cleardata Networks Inc. (Us).
The health cloud 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 Health Cloud 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 Health Cloud Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Health Cloud 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 Health Cloud 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 Health Cloud Market Size & Forecast, 2018-2028 4.5.1 Health Cloud Market Size and Y-o-Y Growth 4.5.2 Health Cloud Market Absolute $ Opportunity
Chapter 5 Global Health Cloud 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 Health Cloud Market Size Forecast by Type
5.2.1 Clinical Data Management
5.2.2 Analytics and Assessments
5.2.3 Data Storage
5.2.4 Care Management
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Health Cloud 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 Health Cloud Market Size Forecast by Applications
6.2.1 Private
6.2.2 Public
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Health Cloud 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 Health Cloud 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 Health Cloud Analysis and Forecast
9.1 Introduction
9.2 North America Health Cloud 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 Health Cloud Market Size Forecast by Type
9.6.1 Clinical Data Management
9.6.2 Analytics and Assessments
9.6.3 Data Storage
9.6.4 Care Management
9.6.5 Others
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 Health Cloud Market Size Forecast by Applications
9.10.1 Private
9.10.2 Public
9.10.3 Others
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 Health Cloud Analysis and Forecast
10.1 Introduction
10.2 Europe Health Cloud 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 Health Cloud Market Size Forecast by Type
10.6.1 Clinical Data Management
10.6.2 Analytics and Assessments
10.6.3 Data Storage
10.6.4 Care Management
10.6.5 Others
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 Health Cloud Market Size Forecast by Applications
10.10.1 Private
10.10.2 Public
10.10.3 Others
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 Health Cloud Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Health Cloud 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 Health Cloud Market Size Forecast by Type
11.6.1 Clinical Data Management
11.6.2 Analytics and Assessments
11.6.3 Data Storage
11.6.4 Care Management
11.6.5 Others
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 Health Cloud Market Size Forecast by Applications
11.10.1 Private
11.10.2 Public
11.10.3 Others
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 Health Cloud Analysis and Forecast
12.1 Introduction
12.2 Latin America Health Cloud 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 Health Cloud Market Size Forecast by Type
12.6.1 Clinical Data Management
12.6.2 Analytics and Assessments
12.6.3 Data Storage
12.6.4 Care Management
12.6.5 Others
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 Health Cloud Market Size Forecast by Applications
12.10.1 Private
12.10.2 Public
12.10.3 Others
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) Health Cloud Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Health Cloud 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) Health Cloud Market Size Forecast by Type
13.6.1 Clinical Data Management
13.6.2 Analytics and Assessments
13.6.3 Data Storage
13.6.4 Care Management
13.6.5 Others
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) Health Cloud Market Size Forecast by Applications
13.10.1 Private
13.10.2 Public
13.10.3 Others
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 Health Cloud Market: Competitive Dashboard
14.2 Global Health Cloud Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Microsoft Corporation (US)
14.3.2 IBM Corporation (US)
14.3.3 Oracle Corporation (US)
14.3.4 Salesforce.com Inc. (US)
14.3.5 General Electric Company (US)
14.3.6 Cisco Systems Inc. (US)
14.3.7 Siemens AG (Germany)
14.3.8 Cleardata Networks Inc. (Us)