Healthcare Cloud Computing Market Growth, Size, Trends, Revenue, Demand and Future Outlook: SPER Market Research

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Published: Jan 2024	Report ID: IACT2401	Pages: 1 - 235	Formats^*:
Category : Information & Communications Technology

Healthcare Cloud Computing Market Introduction and Overview

According to SPER Market Research, the Global Healthcare Cloud Computing Market is estimated to reach USD 152.27 billion by 2033 with a CAGR of 15.9%.

The report includes an in-depth analysis of the Global Healthcare Cloud Computing Market, including market size and trends, product mix, Applications, and supplier analysis. Cloud computing increases real-time data collection and data accessibility. Its speed and efficiency in handling data have surpassed that of the conventional paper-based healthcare system. Cloud computing technology, for example, is widely used in remote patient monitoring. During the analysis period, rising demand for stringent regulatory compliance, public awareness, and growing investment from healthcare players such as Cisco, IBM, GE Healthcare, and government organizations are expected to drive demand for this technique.

2022: Wipro Ltd collaborated with VMware, a cloud computing service provider based in the United States. Wipro will maintain a VMware business unit to provide its clients with VMware's platform as a service. According to the statement, Wipro is training up to 5,000 professionals in VMware's cross-cloud services, which will provide multi-cloud enterprise tools and focus on sectors such as banking, financial services and insurance (BFSI), healthcare, and consumer and retail services.

2022: Saudi Arabia's Ministry of Health (MoH) has deployed VMware multi-cloud solutions to digitally transform the country's public healthcare sector. This Ministry will be able to provide secure, cloud-based services to public healthcare providers such as hospitals, clinics, and pharmacies, significantly increasing their efficiency and allowing them to grow and innovate.

Market Opportunities and Challenges

A significant increase in the integration of information technology in the healthcare industry, growing implementation of big data analytics, rising cloud deployments in the healthcare segment, and a significant increase in demand for cloud infrastructure are expected to drive the healthcare cloud computing market. The increasing digitization of healthcare, the incorporation of advanced AI or ML algorithms, rising costs, deploying healthcare systems on the cloud, ineffective facility management, and overburdened systems all contribute to the need for healthcare cloud infrastructure. Access to patient data is a critical requirement for any hospital or healthcare organization. When a hospital migrates data to the cloud, it is stored on systems and platforms maintained by the service vendor, which can cause interoperability issues. The main challenge for organizations attempting cloud computing interoperability is cloud APIs and interfaces. The lack of standardization among cloud service providers restricts data sharing between cloud tools, resulting in portability issues.

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Market Competitive Landscape

Medical cloud computing Companies are developing electronic health record (EHR) systems, which enable healthcare providers to securely store, manage, and access patient data in the cloud. These systems improve data accuracy, accessibility, and care coordination among various medical professionals, resulting in better patient outcomes. Furthermore, many companies offer cloud-based telemedicine platforms that enable remote patient consultations and virtual care. Some of the key players are - Allscripts Healthcare Solutions, Inc., Amazon WebServices,Inc. ,eClinicalWorks, athenahealth. Inc., Koninklijke Philips N.V., CareCloud, Inc., Microsoft Corporation, Siemens Healthineers AG, NTT DATA Corporation, International Business Machines Corporation

Scope of the Report:

Report Metric	Details
Market size available for years	2019-2033
Base year considered	2022
Forecast period	2023-2033
Segments covered	By Products, By Component, By Deployment Model, By Service Model
Regions covered	North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
Companies Covered	Allscripts Healthcare Solutions, Inc., Amazon WebServices,Inc.,eClinicalWorks,athenahealth. Inc., Koninklijke Philips N.V., CareCloud, Inc., Microsoft Corporation, Siemens Healthineers AG, NTT DATA Corporation, International Business Machines Corporation

COVID-19 Impact on Global Healthcare Cloud Computing Market

Around the world, the COVID-19 outbreak has affected numerous industries. To limit the pandemic's rapid spread, governments around the world implemented strict lockdown measures and social distancing norms. However, the global COVID-19 epidemic has increased demand for healthcare cloud computing, as the use of these technologies can help to reduce virus spread. Furthermore, it has prompted cloud healthcare solution providers to quickly develop high-quality services for virus protection.

Key Target Audience

Academic and Research Institutions
Data Security and Privacy Experts
Healthcare Providers
Healthcare Payers
Healthcare IT Service Providers
Medical Device Manufacturers
Pharmaceutical and Biotechnology Companies
Patients and Caregivers
Public Health Organizations
Others

Our in-depth analysis of the Healthcare Cloud Computing Market includes the following segments:

By Products:	Healthcare Provider Solutions Healthcare Payer Solutions
By Component:	Services Software
By Deployment Model:	Hybrid cloud Private cloud Public Cloud
By Service Model:	Infrastructure-as-a-service Platform-as-a-service Software-as-a-service
By End User	Healthcare providers Healthcare payers

Key Topics Covered in the Report:

Global Healthcare Cloud Computing Market Size (FY’2023-FY’2033)
Overview of Global Healthcare Cloud Computing Market
Segmentation of Global Healthcare Cloud Computing Market By Products (Healthcare Provide Solutions, Healthcare Payer Solutions.)
Segmentation of Global Healthcare Cloud Computing Market By Component (Service, Software.)
Segmentation of Global Healthcare Cloud Computing Market By Deployment Model (Hybrid Cloud, Private Cloud, Public Cloud)
Segmentation of Global Healthcare Cloud Computing Market By Service Model (Infrastructure- as-a-service, Platform-as-a-service, Software-as-a-service.)
Segmentation of Global Healthcare Cloud Computing Market By End User (Healthcare Providers, Healthcare Payers.)
Statistical Snap of Global Healthcare Cloud Computing Market
Expansion Analysis of Global Healthcare Cloud Computing Market
Problems and Obstacles in Global Healthcare Cloud Computing Market
Competitive Landscape in the Global Healthcare Cloud Computing Market
Impact of COVID-19 and Demonetization on Global Healthcare Cloud Computing Market
Details on Current Investment in Global Healthcare Cloud Computing Market
Competitive Analysis of Global Healthcare Cloud Computing Market
Prominent Players in the Global Healthcare Cloud Computing Market
SWOT Analysis of Global Healthcare Cloud Computing Market
Global Healthcare Cloud Computing Market Future Outlook and Projections (FY’2023-FY’2033)
Recommendations from Analyst

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Healthcare Cloud Computing Market

5. Market variable and outlook

5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis

6. Competitive Landscape

6.1. Global Healthcare Cloud Computing Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Healthcare Cloud Computing Market

7. Global Healthcare Cloud Computing Market, By Products (USD Million)

7.1. Global Healthcare Cloud Computing Market Value Share and Forecast, By Products, 2023-2033
7.2. Healthcare Provider Solutions
7.3. Healthcare Payer Solutions

8. Global Healthcare Cloud Computing Market, By Component (USD Million)

8.1. Global Healthcare Cloud Computing Market Value Share and Forecast, By Component, 2023-2033
8.2. Services
8.3. Software

9. Global Healthcare Cloud Computing Market, By Deployment Model (USD Million)

9.1. Global Healthcare Cloud Computing Market Value Share and Forecast, By Component, 2023-2033
9.2. Hybrid cloud
9.3. Private cloud
9.4. Public Cloud

10. Global Healthcare Cloud Computing Market, By Service Model (USD Million)

10.1. Global Healthcare Cloud Computing Market Value Share and Forecast, By Component, 2023-2033
10.2. Infrastructure-as-a-service
10.3. Platform-as-a-service

10.4. Software-as-a-service

11. Global Healthcare Cloud Computing Market, By End User (USD Million)

11.1. Global Healthcare Cloud Computing Market Value Share and Forecast, By End user, 2023-2033
11.2. Healthcare providers
11.3. Healthcare payers

12. Global Healthcare Cloud Computing Market Forecast, 2023-2033 (USD Million)

12.1. Global Healthcare Cloud Computing Market Size and Market Share

13. Global Healthcare Cloud Computing Market, By Products, 2019-2033 (USD Million)

13.1. Global Healthcare Cloud Computing Market Size and Market Share By Products (2019-2026)
13.2. Global Healthcare Cloud Computing Market Size and Market Share By Products (2027-2033)

14. Global Healthcare Cloud Computing Market, By Component, 2019-2033 (USD Million)

14.1. Global Healthcare Cloud Computing Market Size and Market Share By Component (2019-2026)
14.2. Global Healthcare Cloud Computing Market Size and Market Share By Component (2027-2033)

15. Global Healthcare Cloud Computing Market, By Deployment Model, 2019-2033 (USD Million)

15.1. Global Healthcare Cloud Computing Market Size and Market Share By Deployment Model (2019-2026)
15.2. Global Healthcare Cloud Computing Market Size and Market Share By Deployment Model (2027-2033)

16. Global Healthcare Cloud Computing Market, By Service Model, 2019-2033 (USD Million)

16.1. Global Healthcare Cloud Computing Market Size and Market Share By Service Model (2019-2026)
16.2. Global Healthcare Cloud Computing Market Size and Market Share By Service Model (2027-2033)

17. Global Healthcare Cloud Computing Market, By End User, 2019-2033 (USD Million)

17.1. Global Healthcare Cloud Computing Market Size and Market Share By End User (2019-2026)
17.2. Global Healthcare Cloud Computing Market Size and Market Share By End User (2027-2033)

18. Global Healthcare Cloud Computing Market, By Region, 2019-2033 (USD Million)

18.1. Global Healthcare Cloud Computing Market Size and Market Share By Region (2019-2026)
18.2. Global Healthcare Cloud Computing Market Size and Market Share By Region (2027-2033)
18.3. Asia-Pacific
18.3.1. Australia
18.3.2. China
18.3.3. India
18.3.4. Japan
18.3.5. South Korea
18.3.6. Rest of Asia-Pacific
18.4. Europe
18.4.1. France
18.4.2. Germany
18.4.3. Italy
18.4.4. Spain
18.4.5. United Kingdom
18.4.6. Rest of Europe
18.5. Middle East and Africa
18.5.1. Kingdom of Saudi Arabia
18.5.2. United Arab Emirates
18.5.3. Rest of Middle East & Africa
18.6. North America
18.6.1. Canada
18.6.2. Mexico
18.6.3. United States
18.7. Latin America
18.7.1. Argentina
18.7.2. Brazil
18.7.3. Rest of Latin America

19. Company Profile

19.1. Allscripts Healthcare Solutions, Inc.
19.1.1. Company details
19.1.2. Financial outlook
19.1.3. Product summary
19.1.4. Recent developments
19.2. Amazon Web Services, Inc.
19.2.1. Company details
19.2.2. Financial outlook
19.2.3. Product summary
19.2.4. Recent developments
19.3. athenahealth. Inc.
19.3.1. Company details
19.3.2. Financial outlook
19.3.3. Product summary
19.3.4. Recent developments
19.4. CareCloud.
19.4.1. Company details
19.4.2. Financial outlook
19.4.3. Product summary
19.4.4. Recent developments
19.5. eClinicalWorks
19.5.1. Company details
19.5.2. Financial outlook
19.5.3. Product summary
19.5.4. Recent developments
19.6. International Business Machines Corporation
19.6.1. Company details
19.6.2. Financial outlook
19.6.3. Product summary
19.6.4. Recent developments
19.7. Koninklijke Philips N.V.
19.7.1. Company details
19.7.2. Financial outlook
19.7.3. Product summary
19.7.4. Recent developments
19.8. Microsoft Corporation
19.8.1. Company details
19.8.2. Financial outlook
19.8.3. Product summary
19.8.4. Recent developments
19.9. NTT DATA Corporation
19.9.1. Company details
19.9.2. Financial outlook
19.9.3. Product summary
19.9.4. Recent developments
19.10. Siemens Healthineers AG
19.10.1. Company details
19.10.2. Financial outlook
19.10.3. Product summary
19.10.4. Recent developments
19.11. Others

20. List of Abbreviations

21. Reference Links

22. Conclusion

23. Research Scope

SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

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Frequently Asked Questions About This Report

How big is the Healthcare Cloud Computing Market ?

Healthcare Cloud Computing Market is projected to reach USD 152.27 billion by 2033, growing at a CAGR of 15.9% during the forecast period.

What is the growth rate of the Healthcare Cloud Computing Market ?

Healthcare Cloud Computing Market grew in market size from 2022. The Market is expected to reach USD 152.27 billion by 2033, at a CAGR of 15.9% during the forecast period.

What is the anticipated CAGR of the Healthcare Cloud Computing Market ?

Healthcare Cloud Computing Market CAGR of 15.9% during the forecast period.

How can I get a sample report on the Healthcare Cloud Computing Market?

You can get the sample pages by clicking the link - Click Here

What is the market size of the Healthcare Cloud Computing Market ?

Healthcare Cloud Computing Market size is USD 152.27 billion from 2023 to 2033.

Which segment is expected to Healthcare Cloud Computing Market?

Healthcare Cloud Computing Market Segment is covered By Products, By Component, By Deployment Model, By Service Model.

Which region is expected to have the highest market share in the Healthcare Cloud Computing Market?

The North America is anticipated to have the highest market share in the Healthcare Cloud Computing Market.

Who are the key players in Healthcare Cloud Computing Market?

The key players in the market include Companies Covered Allscripts Healthcare Solutions, Inc., Amazon WebServices,Inc.,eClinicalWorks,athenahealth. Inc., Koninklijke Philips N.V., CareCloud, Inc., Microsoft Corporation, Siemens Healthineers AG, NTT DATA Corporation, International Business Machines Corporation .

What is the conclusion of the Healthcare Cloud Computing Market?

These systems improve data accuracy, accessibility, and care coordination among various medical professionals, resulting in better patient outcomes.