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Report Overview
2023
Base Year
2017-2023
Historical Year
2024-2032
Forecast Year
Global Healthcare Cloud Computing Market Outlook
The global healthcare cloud computing market size attained a value of USD 42.93 billion in 2023. It is expected to grow further at a CAGR of 15.6% during the forecast period of 2024-2032 to attain a value of USD 158.28 billion by 2032.
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The healthcare cloud computing market share is expanding at a global level, fuelled by the spread of high-speed internet around the globe and the increasing incidence of chronic diseases, which has resulted in the increasing demand for integrated information systems. The widespread use of wearable technology, big data analytics, and the Internet of Things (IoT) in the healthcare industry, as well as the emergence of new payment structures and the cloud's cost-effectiveness, are driving the market's expansion. The global market for healthcare cloud computing is further supported by the popularity of the technology due to its many benefits, including the availability of dynamic health benefit plan designs and flexibility, better data storage, and scalability.
The North America healthcare cloud computing market is a significant regional market and is anticipated to continue to show a similar trend over the forecast period. The United States is a leader in the cloud computing in healthcare market, primarily because of the widespread use of healthcare IT services and ongoing financial and legislative backing from government organisations.
Market Segmentation
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By application, the cloud-computing in healthcare market is segmented into:
- Clinical Information Systems (CIS)
- Electronic Health Record (EHR)
- Picture Archiving and Communication System (PACS)
- Radiology Information Systems (RIS)
- Computerized Physician Order Entry (CPOE)
- Pharmacy Information Systems (PIS)
- Others
- Nonclinical Information Systems (NCIS)
- Revenue Cycle Management (RCM)
- Automatic Patient Billing (APB)
- Payroll Management System
- Claims Management
- Cost Accounting
- Others
Based on service, the market is divided into:
- Software-as-a-Service (SaaS)
- Infrastructure-as-a-Service (IaaS)
- Platform-as-a-Service (PaaS)
On the basis of deployment, the market is categorised into:
- Private Cloud
- Public Cloud
- Hybrid Cloud
By end use, the market is bifurcated into:
- Healthcare Providers
- Healthcare Payers
The EMR report looks into the regional healthcare cloud computing markets for North America, Latin America, Europe, Middle East and Africa, and Asia Pacific.
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Market Analysis
The cloud computing market in healthcare industry is being driven by its growing demand in the healthcare market. The market is propelling forward due to the rising demand for cloud-based information systems. The other factors leading to the growth of the health cloud computing market are technological advances in healthcare infrastructure, rising population, increase in number of patient information, and rising investments by private and public companies in healthcare IT infrastructure. North America is leading the market due to innovations in healthcare IT infrastructure.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global healthcare cloud computing market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Amazon Web Services Inc.
- The athenahealth, Inc.
- CareCloud Corporation
- Carestream Health Inc.
- ClearDATA Networks, Inc.
- Dell Inc.
- IBM Corporation
- Iron Mountain Incorporated
- Oracle Corporation
- Siemens Healthcare GmbH
- SAS Institute Inc.
- e-Zest Solutions
- Others
The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s five forces.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Application |
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| Breakup by Service |
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| Breakup by Deployment |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Supplier Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The global cell therapy Market was valued at USD 42.93 billion in 2023.
The market is expected to grow at a CAGR of 15.6% from 2024 to 2032 to reach a value of USD 158.28 billion by 2032.
The major drivers of the healthcare cloud computing market include the growing healthcare industry, rising demand for cloud-based information systems, technological advancements in healthcare infrastructure, rising population, and increase in patient information.
The key market trends guiding the market growth include the increasing incidence of chronic diseases and rising investments by private and public companies in healthcare IT infrastructure.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major players in the market are Amazon Web Services Inc., The athenahealth, Inc., CareCloud Corporation, Carestream Health Inc., ClearDATA Networks, Inc., Dell Inc., IBM Corporation, Iron Mountain Incorporated, Oracle Corporation, Siemens Healthcare GmbH, SAS Institute Inc., and e-Zest Solutions, among others.
The various services in the market are Software-as-a-Service (SaaS), Infrastructure-as-a-Service (IaaS), and Platform-as-a-Service (PaaS).
The primary end uses in the market for healthcare cloud computing are healthcare providers and healthcare payers.
The biggest reasons affecting the transition of the healthcare sector to the cloud will continue to be improved patient outcomes, better efficiency, and cost management.
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