Authored By: Sarah
17 Jul 2023

Healthcare Cloud Computing: Discover Key Drivers that will Boost Growth

Market Insights to Drive Recovery from COVID-19

Technavio’s Healthcare Cloud Computing Market is set to grow by $ 33.49 bn, and the market will progressing at a CAGR of almost 23.18% till 2025. This research report identifies and analyses the growth drivers that will boost market growth. It also provides a thorough understanding of all the segments, trends and challenges that are likely to have an impact on the future prospects fo the market in focus.


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Healthcare Cloud Computing Market: Top Drivers for Growth

Technavio has identified  Increasing cloud assisted medical collaborations as one of the key factors that will drive this market. This research report provides a comprehensive analysis of this and all the other factors that will propel market growth. The report also takes into account the current market scenario, trends, and challenges that are likely to impede growth. The objective of this research report is to equip clients with actionable insights that will help them leverage opportunities and formulate growth strategies for their business.

Top Drivers for Healthcare Cloud Computing Market Size to Grow by $ 33.49 bn During 2021-2025

Healthcare Cloud Computing Market: Segment List

This research report provides insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges on each market segment along with insights into the way forward. These insights will equip clients with information that will help them design a growth strategy for their business and area of operation. Healthcare Cloud Computing Market is segmented by Product (SaaS, IaaS, and PaaS) and Geography (North America, Europe, APAC, South America, and MEA). Request our Free Sample Report

Healthcare Cloud Computing Market: Vendor Landscape

The market is fragmented, and the growth of the players depends on several factors such as market conditions, government support, and industry development. Marke players must distinguish their product and service offerings through a clear and unique value proposition to prosper in this competitive market.  Allscripts Healthcare Solutions Inc., Amazon.com Inc., athenahealth Inc., Carestream Health Inc., General Electric Co., International Business Machines Corp., Microsoft Corp., Oracle Corp., Salesforce.com Inc., and Siemens AG are some of the major market participants. The report offers a detailed analysis of each of the above-listed vendors and their product portfolio.

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.

For more insights on this market: Download a Free Sample Report

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of almost 23.18%.
     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 33.49 bn through 2021-2025.
     
  3. What is a key factor driving this market?
    Increasing cloud assisted medical collaborations will drive market growth over the forecast period.
     
  4. What are the key regions covered in this market research report?
    North America, Europe, APAC, South America, and MEA are the key regions featured in this research report.
     
  5. Which is the leading geographic region for this market:
    40% growth will originate from North America
     
  6. Who are the leading market vendors?
    The leading vendors in this market are Allscripts Healthcare Solutions Inc., Amazon.com Inc., athenahealth Inc., Carestream Health Inc., General Electric Co., International Business Machines Corp., Microsoft Corp., Oracle Corp., Salesforce.com Inc., and Siemens AG
     
  7. What are the market segments covered in this report?
    The market is segmented by Product (SaaS, IaaS, and PaaS) and Geography (North America, Europe, APAC, South America, and MEA)

Healthcare Cloud Computing Market Size to Grow by USD 25.54 bn through 2020-2024  

The healthcare cloud computing market size has the potential to grow by USD 25.54 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period because of the steady increase in year-over-year growth.

This healthcare cloud computing market research report analyzes the market’s competitive landscape and offers information on several market vendors, including Allscripts Healthcare Solutions Inc., Amazon Web Services Inc., athenahealth Inc., Carestream Health Inc., General Electric Co., IBM Corp., Microsoft Corp., Oracle Corp., Salesforce.com Inc., and Siemens Healthineers AG. Also, the report provides a detailed analysis of the market by product (SaaS, IaaS, and PaaS) and geography (APAC, Europe, MEA, North America, and South America). View Free Sample Report

Healthcare Cloud Computing Market: Key Market Driver

One of the primary factors that will trigger the growth of the healthcare cloud computing market size is increasing cloud assisted medical collaborations. This research report provides a comprehensive analysis of all the factors that are likely to propel market growth, taking into account the market trends as well as challenges that are likely to impede growth. The objective of this research report is to equip clients with actionable insights that will help them leverage opportunities and formulate growth strategies for their business.

Top Drivers for Healthcare Cloud Computing Market Size to Grow by $ 33.49 bn During 2021-2025

Healthcare Cloud Computing Market: Vendor Analysis

The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Allscripts Healthcare Solutions Inc., Amazon Web Services Inc., athenahealth Inc., Carestream Health Inc., General Electric Co., IBM Corp., Microsoft Corp., Oracle Corp., Salesforce.com Inc., and Siemens Healthineers AG are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with a pipeline analysis of vendor operations and the impact of government regulations.

For more insights on this market: Download a Free Sample Report

Healthcare Cloud Computing Market | Increasing Adoption of Cloud Computing by Healthcare Institutes to Boost the Market Growth

Technavio has been monitoring the Global Healthcare Cloud Computing Market is expected to grow by USD 25.54 billion progressing at a CAGR of almost 23% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking. Download latest version with COVID-19 analysis Free Sample Report

Top Drivers for Healthcare Cloud Computing Market Size to Grow by $ 33.49 bn During 2021-2025

Healthcare Cloud Computing: North America will drive the market growth

Increasing adoption of cloud computing by healthcare institutes and increasing launch of various cloud computing products are some of the significant factors fueling healthcare cloud computing market growth. 40% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for healthcare cloud computing in North America. Market growth in this region will be faster than the growth of the market in MEA and South America. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the healthcare cloud computing market size. 

The healthcare industry is increasingly deploying cloud computing systems to achieve greater data security, streamline claims, manage billings, and ensure drug supply chain and health research integrity. Blockchain offers superior data security and integrity to the systems in which it is employed due to its distributed nature. Market analysts predict that the factors mentioned above will prove critical in defining the growth of the healthcare cloud computing market size in the coming years.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. 

Healthcare Cloud Computing Market: Vendor Analysis

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Allscripts Healthcare Solutions Inc., Amazon Web Services Inc., athenahealth Inc., Carestream Health Inc., General Electric Co., IBM Corp., Microsoft Corp., Oracle Corp., Salesforce.com Inc., and Siemens Healthineers AGare some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19 Download a Free Sample Report 

Healthcare Cloud Computing Market: Key Highlights of the Report for 2020-2024

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive Healthcare Cloud Computing Market growth during the next five years
  • Precise estimation of the Healthcare Cloud Computing Market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the healthcare cloud computing industry across APAC, Europe, MEA, North America, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of Healthcare Cloud Computing Market vendors
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