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Browse the full Global Market Study on Healthcare Cloud Computing: Hybrid Clouds
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Healthcare cloud computing refers to a process which involves delivering hosted medical
services to the clients. These services can be classified into majorly three types: infrastructureas-a-service, platform-as-a-service, and software-as-a-service. A cloud can be public, private,
hybrid or community in nature.
Globally, the healthcare cloud computing market is witnessing significant growth due to
increased government healthcare IT spending and advanced features of cloud computing
services In addition, rising demand for better healthcare facilities, increasing in popularity of
wireless and cloud technologies are driving the healthcare cloud computing market. However,
factors such as high cost involved in the implementation of clinical information systems and
lack of security and privacy of patients information restrain the global market for healthcare
cloud computing market. In addition, interoperability issues negatively impact the growth of
the healthcare cloud computing market. The global healthcare cloud computing market is
estimated at USD 4,216.5 million in 2014 and expected to reach USD 12,653.4 million in 2020,
growing at a CAGR of 20.1%.
North America has the largest market for the global healthcare cloud computing market. This is
due to technological advancements in the region. North American market for healthcare cloud
computing is estimated at USD 1,857.5 million in 2014 and is expected to reach USD 5,757.7
million in 2020, growing at a CAGR of 20.7%. In terms of deployment model, hybrid clouds are
the fastest growing segment. In terms of service model, software-as-a-service (Saas) is the
largest segment of healthcare cloud computing market.
One of the latest trends that have been observed in the global healthcare cloud computing
market includes increasing use of mobile devices for delivering healthcare services.
Microsoft Corporation and International Business Machines Corporation are some of the leading
players in the global market for healthcare cloud computing market. Some of the other major
players in healthcare cloud computing market are Agfa-Gevaert N.V., CareCloud Corporation,
Dell Inc, ORACLE CORPORATION, GE Healthcare and Merge Healthcare Incorporated.
The healthcare cloud computing market is segmented as follows:
Healthcare Cloud Computing Market, By Applications
Private Cloud
Public Cloud
Hybrid Cloud
Community Cloud
Software
Services
Hardware
Software-as-a-service (SaaS)
Infrastructure-as-a-service (IaaS)
Platform-as-a-service (PaaS)
North America
Europe
U.S.
Germany
France
U.K.
Asia
China
Japan
Market History:
Healthcare cloud computing refers to an information technology model that enables convenient, ondemand network access to a shared pool of configurable computing resources. Globally, the healthcare
cloud computing market is witnessing significant growth due to increasing demand for better healthcare
facilities, rising investments by healthcare it players and cost effectiveness of healthcare cloud computing
systems.
In addition, increase in popularity of wireless and cloud technologies and rising government Initiatives are
driving the healthcare cloud computing market. However, factors such as privacy and security issues and
lack of experienced professionals are restraining the global market for healthcare cloud computing. In
addition, interoperability issues impact the growth of the global healthcare cloud computing market. The
global healthcare cloud computing market was estimated at USD 4,216.5 million in 2014. It is likely to
grow with a CAGR of 20.1% and reach USD 12,653.4 million in 2020.
North America has the largest market for the global healthcare cloud computing market. Non-clinical
information systems are the largest segment of the overall healthcare cloud computing market. In clinical
information systems, electronic medical records systems are the largest segment. On the basis of
deployment model, private clouds dominate the market. On the basis of components, software is the
largest segment. On the basis of service model, software-as-a-service dominates the market.
North America market for healthcare cloud computing was estimated at USD 1,857.5 million in 2014 and
is expected to reach USD 5,757.7 million in 2020, growing at a CAGR of 20.7%. One of the latest trends
that have been observed in the global healthcare cloud computing market is the increasing use of mobile
devices for healthcare facilities.
Various IT companies, such as Microsoft Corporation, ORACLE CORPORATION, International Business
Machines Corporation and Dell Inc. are the leading players in the global market for healthcare cloud
computing. Some of the other major players in healthcare cloud computing market are GE Healthcare,
Merge Healthcare Incorporated, Agfa-Gevaert N.V., CareCloud Corporation, athenahealth, Inc. and
Carestream Health, Inc.
Table of Content
Chapter 1 Preface
1.1 Report Description
1.2 Research Methodology
1.3 Assumptions
Chapter 2 Market Synopsis
Chapter 3 Porters Five Forces Analysis
3.1 Bargaining power of suppliers
3.2 Bargaining power of buyers
3.3 Threat of new entrants
3.4 Threat of substitutes
3.5 Intensity of rivalry
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