Global Healthcare Cloud Computing Market Report by MRFR stretches out accurate and descriptive details through the range of years 2018-2023. This Industry report comprises interior and outside exploration and bits of comprehension of Healthcare Cloud Computing Market.
Healthcare Cloud Computing Market Overview
Global healthcare cloud computing market is witnessing a constant rise with the increasing adoption of cloud computing in various small, medium, and large healthcare setups across the world. The ever-growing data usages and the evolving connectivity services in terms of reliability, latency, and symmetry are vital, particularly for the healthcare sector.
This, along with the increased focus on the quality of connectivity, drives the expansion of the communications infrastructure sector. The spurting increase in digital healthcare data provides significant impetus to the growth of the market. According to Market Research Future (MRFR), the global healthcare cloud computing market is projected to garner colossal accruals by 2023, registering a remarkable CAGR from 2018 -2023.
Increasing demand for transformational payment modes alongside the surging patient pool provides ample growth opportunities. Moreover, technological advances alongside the increasing healthcare expenditures propel market growth. The deployment of cloud computing and the implementation of various analytical tools substantiate the growth of the market, triggering operational efficiency.
Additionally, the integration of the Internet of Things (IoT) that provides opportunities for seamless integration of the method acts as a key growth driver. However, increasing concerns about cybersecurity and data theft are impeding the growth of the market.
Global Healthcare Cloud Computing Market - Segmentations
The report is segmented into five main dynamics to widen the scope of understanding,
By Applications : Non-Clinical Information System (NCIS) and Clinical Information System (CIS).
By Deployment : Public cloud, Private cloud, and Hybrid cloud.
By End-user : Healthcare Providers and Healthcare Players.
By Service : Software-as-a-service (SaaS), Infrastructure-as-a-service (IaaS), and Platform-as-a-service (PaaS).
By Regions : Americas, Europe, Asia-Pacific, Middle East & Africa, and Rest-of-the-World
Global Healthcare Cloud Computing Market - Geographical Analysis
North America leads the global healthcare cloud computing market. The presence of an infrastructural setup and major players is expected to trigger high growth in the coming years. Besides, the high integration of IT and IoT in the sector impacts the market growth positively. Players try to capitalize on these provisions as they have the structural scope to optimize the potential. Resultantly, the North American healthcare cloud computing market, is expected to witness massive traction over the assessment period. The well-developed healthcare infrastructure can also be regarded as a major impetus-provider.
Europe stands second in the global healthcare cloud computing market, following the trail set by North America. The rising economy in the region, alongside the presence of notable market players, allows the market to witness promising growth, holding substantial promise for the market.
The Asia Pacific healthcare cloud computing market is anticipated to witness significant growth in the coming years. Factors such as the rapidly growing markets in emerging economies like India, China, Australia, and others project high growth for the regional market, providing scope for expansion.
Healthcare Cloud Computing Market - Competitive Landscape
The healthcare cloud computing market attracts many entrants, demonstrating high growth potential. Providers strive to develop innovative technologies and best practices. To gain a significant share of the market, payers incorporate strategies such as mergers & acquisitions and collaboration. They make substantial investments in developing unique technologies and acquiring promising companies to increase their global footprints. Expansion plans also help them to fetch larger turnovers.
Healthcare Cloud Computing Market Major Players:
Players leading the global healthcare cloud computing market include CareCloud Corporation, International Business Machines (IBM) Corporation, Agfa-Gevaert N V, Carestream Corporation, Merge Healthcare Inc., Cerner Corporation, Microsoft Oracle Corporation, Corporation, ClearData Networks Inc., Nuance Communications, Sectra AB, GE Healthcare, NextGen Healthcare, athenahealth Inc., Siemens Healthineers, and Dell Inc., among others.
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Healthcare Cloud Computing Industry/ Innovation /Related News:
December 09, 2019 ---- AMP Capital (Australia), a large global investment manager, announced its acquisition of Expedient (the US), a cloud computing and data center services provider from Landmark Media. This is the largest equity investment of AMP Capital in North America as a Service (IaaS) sector. Besides, it is a transformational addition to AMP’s North America communications infrastructure portfolio.
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Nov 10 2020: The global Blockchain Technology market size is expected to reach USD 57,641.3 million by 2025, registering a CAGR of 69.4% from 2019 to 2025, according to a new study conducted by Grand View Research, Inc. Blockchain is the underlying technology that originated in the form of a public ledger to keep a track of all cryptocurrency transactions.
This allows various participants that are connected to the network, usually public, to track information through a secure network, thereby eliminating the need for any kind of third-party verification.The market is expected to grow rapidly owing to numerous benefits that it provides, such as eradication of the requirement of a financial institution to validate transactions, reduce duplicative recordkeeping, eliminate reconciliation, minimize error rates, and facilitate faster settlement.
With the use of this technology, the databases could become universal in nature, thereby allowing multiple institutions to use it at the same time to bring various different systems closer together and help increase the efficiency.To Request A Sample Copy Of This Report @: https://www.radiantinsights.com/research/blockchain-technology-market/request-sampleThe global blockchain technology market size is expected to reach USD 57,641.3 million by 2025, registering a CAGR of 69.4% from 2019 to 2025, according to a new study conducted by Grand View Research, Inc. Blockchain is the underlying technology that originated in the form of a public ledger to keep a track of all cryptocurrency transactions.
With the use of this technology, the databases could become universal in nature, thereby allowing multiple institutions to use it at the same time to bring various different systems closer together and help increase the efficiency.The increasing demand for this technology across financial services, consumer or industrial products, technology, media , healthcare, transportation, and public sector is largely responsible for driving the market toward growth.
The major drivers include the growing interest of the BFSI sector and increasing merchants accepting cryptocurrencies among others.
This growth can be attributed to growing tendency of institutions and government to inculcate open and efficient transactions.• The application & solution segment is anticipated to grow at the highest CAGR of 71.2% from 2019 to 2025.
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