Ultra Market Research | Global Healthcare Cloud Computing Market
Global Healthcare Cloud Computing Market
Report ID : 906
Category : Healthcare-IT,Healthcare-Services
No Of Pages : 116
Published on: December 2024
Status: Published
Format :
Key Question Answer
Global Market Outlook
In-depth analysis of global and regional trends
Analyze and identify the major players in the market, their market share, key developments, etc.
To understand the capability of the major players based on products offered, financials, and strategies.
Identify disrupting products, companies, and trends.
To identify opportunities in the market.
Analyze the regional penetration of players, products, and services in the market.
Comparison of major players financial performance.
Evaluate strategies adopted by major players.
Recommendations
Global Healthcare Cloud Computing Market Introduction Global Healthcare Cloud Computing Market has emerged as a transformative force, leveraging cloud technologies to streamline healthcare delivery, enhance data management, and improve patient outcomes. Cloud computing enables secure storage, access, and sharing of vast healthcare datasets, fostering telemedicine, electronic health records (EHRs), and predictive analytics. Recent trends highlight the adoption of artificial intelligence (AI) and machine learning (ML) in healthcare applications hosted on the cloud. With the market estimated to be over USD 45 billion in 2023 and growing at around 18% CAGR over the next decade, the demand for cost-effective and scalable solutions continues to drive the expansion of the market. Innovations in data privacy, interoperability, and regulatory compliance are defining the current scenario of the Global Healthcare Cloud Computing Market.
Segmentation Deployment Model • Public Cloud o Infrastructure as a Service (IaaS) o Platform as a Service (PaaS) o Software as a Service (SaaS) o Others • Private Cloud o Managed Private Cloud o Dedicated Private Cloud • Hybrid Cloud o Integrated Systems o Multi-Cloud Solutions
Application • Clinical Information Systems o Electronic Health Records (EHR) o Computerized Physician Order Entry (CPOE) o Radiology Information Systems (RIS) o Others • Non-Clinical Information Systems o Revenue Cycle Management (RCM) o Supply Chain Management (SCM) o Enterprise Resource Planning (ERP)
End User • Healthcare Providers o Hospitals o Clinics o Ambulatory Services • Healthcare Payers o Insurance Companies o Government Agencies • Others
List of Market Players 1. Amazon Web Services (AWS) (USA) 2. Microsoft Corporation (USA) 3. Google Cloud (USA) 4. IBM Corporation (USA) 5. Salesforce.com (USA) 6. Oracle Corporation (USA) 7. Cerner Corporation (USA) 8. Allscripts Healthcare Solutions (USA) 9. Dell Technologies (USA) 10. GE Healthcare (USA) 11. Athenahealth (USA) 12. Philips Healthcare (Netherlands) 13. Fujitsu (Japan) 14. SAP SE (Germany) 15. Siemens Healthineers (Germany)
Drivers Increasing demand for efficient data management solutions and the growing adoption of digital healthcare technologies drive the Global Healthcare Cloud Computing Market. The use of telemedicine and remote patient monitoring solutions has witnessed exponential growth, as spurred by the COVID-19 pandemic and the need for virtual care. Cost reductions in IT infrastructure and maintenance make cloud computing an attractive choice for healthcare organizations. The improvement in AI, interoperability solutions, and compliance frameworks like GDPR and HIPAA have increased trust in cloud-based systems.
Restraints Despite its promise, the global healthcare cloud computing market has serious challenges, including data security concerns, regulatory complexities, and resistance to change on the part of traditionally more conservative healthcare systems. High cybersecurity threats and breaches pose real risks, and therefore more robust security measures are expected. Additionally, the implementation cost is high, along with the lack of professionals in cloud technology, to make it a barrier to smaller healthcare providers.
Opportunities Global Healthcare Cloud Computing Market offers tremendous scope in the developing regions, with cloud potential yet to be fully utilized. The market is innovating with AI-powered predictive analytics, blockchain for secure data sharing, and IoT-enabled healthcare devices. It also opens avenues for advanced personalized medicine solutions with partnerships between technology providers and healthcare organizations, which could unlock untapped revenue streams.
Trend Global Healthcare Cloud Computing Market trends recently adopted multi-cloud strategies for redundancy in the system and improved reliability. The edge computing approach is being used, allowing for quicker data processing and analysis near data sources. Interoperability and open data standards are now crucial, enabling cooperation among stakeholders. Companies are heavily investing in cybersecurity and techniques to anonymize patient data to ensure privacy.
Approved Products and Pipeline • Microsoft Cloud for Healthcare • AWS HealthLake • Google Health AI • Oracle Cloud for Healthcare • IBM Watson Health Solutions
Key Target Audience • Hospitals and Clinics • IT Service Providers • Health Insurance Companies • Government and Regulatory Bodies • Research and Academic Institutes
Frequently Asked Questions (FAQ's)
The market is expected to grow at a CAGR of approximately 18% during the forecast period.
Increasing demand for data management, cost efficiency, and telemedicine services drive adoption.
North America and Europe lead due to advanced IT infrastructure and regulatory compliance.
Data security, high implementation costs, and regulatory complexities are key challenges.
AI enables predictive analytics, personalized care, and improved clinical decision-making.
1. Introduction 1.1 Report Description 1.2 Research Methodology 1.2.1 Data Mining 1.2.2 Market Modeling and Forecasting 1.2.3 Data Validation 1.2.4 Industry Analysis
2. Market Dashboard
3. Market Overview 3.1 Market Definition and Scope 3.2 Market Segmentation 3.2.1 By Deployment Model • Public Cloud • Private Cloud • Hybrid Cloud 3.2.2 By Application • Clinical Information Systems • Non-Clinical Information Systems 3.2.3 By End-User • Healthcare Providers • Healthcare Payers 3.2.4 By Distribution Channel • Direct Sales • Third-Party Distributors • Online Platforms 3.2.5 By Geography 3.3 Market Dynamics 3.3.1 Drivers 3.3.2 Restraints 3.3.3 Opportunities 3.3.4 Challenges
4. Global Healthcare Cloud Computing Market by Deployment Model 4.1 Introduction 4.2 Market Size and Growth Rate by Deployment Model (2024-2030) 4.2.1 Public Cloud 4.2.2 Private Cloud 4.2.3 Hybrid Cloud
5. Global Healthcare Cloud Computing Market by Application 5.1 Introduction 5.2 Market Size and Growth Rate by Application (2024-2030) 5.2.1 Clinical Information Systems • Electronic Health Records (EHR) • Radiology Information Systems (RIS) • Computerized Physician Order Entry (CPOE) • Others 5.2.2 Non-Clinical Information Systems • Revenue Cycle Management (RCM) • Supply Chain Management (SCM) • Enterprise Resource Planning (ERP)
6. Global Healthcare Cloud Computing Market by End-User 6.1 Introduction 6.2 Market Size and Growth Rate by End-User (2024-2030) 6.2.1 Healthcare Providers • Hospitals • Clinics • Ambulatory Care Centers 6.2.2 Healthcare Payers • Insurance Companies • Government Agencies
7. Global Healthcare Cloud Computing Market by Distribution Channel 7.1 Introduction 7.2 Market Size and Growth Rate by Distribution Channel (2024-2030) 7.2.1 Direct Sales 7.2.2 Third-Party Distributors 7.2.3 Online Platforms
8. Global Healthcare Cloud Computing Market by Geography 8.1 Introduction 8.2 Market Size and Growth Rate by Region (2024-2030) 8.2.1 North America • United States • Canada 8.2.2 Europe • Germany • France • United Kingdom • Rest of Europe 8.2.3 Asia Pacific • China • Japan • India • Southeast Asia • Rest of Asia Pacific 8.2.4 Latin America • Brazil • Rest of Latin America 8.2.5 Middle East & Africa (MEA) • GCC • North Africa • South Africa • Rest of MEA
9. Competitive Landscape 9.1 Company Profiles 9.1.1 Amazon Web Services (AWS) (USA) • Business Overview • Product Portfolio • Strategic Developments • Financial Overview 9.1.2 Microsoft Corporation (USA) 9.1.3 Google Cloud (USA) 9.1.4 IBM Corporation (USA) 9.1.5 Oracle Corporation (USA) 9.1.6 Salesforce.com (USA) 9.1.7 Dell Technologies (USA) 9.1.8 GE Healthcare (USA) 9.1.9 Philips Healthcare (Netherlands) 9.1.10 Fujitsu (Japan) 9.1.11 SAP SE (Germany) 9.1.12 Siemens Healthineers (Germany) 9.1.13 Allscripts Healthcare Solutions (USA) 9.1.14 Athenahealth (USA) 9.1.15 Cerner Corporation (USA)
10. List of Tables and Figures Tables • Table 1: Market Size of Global Healthcare Cloud Computing Market by Deployment Model (2024-2030) • Table 2: Market Size of Global Healthcare Cloud Computing Market by Application (2024-2030) • Table 3: Market Size of Global Healthcare Cloud Computing Market by End-User (2024-2030) • Table 4: Market Size of Global Healthcare Cloud Computing Market by Distribution Channel (2024-2030) • Table 5: Market Size of Global Healthcare Cloud Computing Market by Geography (2024-2030)
Figures • Figure 1: Market Share of Global Healthcare Cloud Computing Market by Deployment Model • Figure 2: Regional Market Share of Healthcare Cloud Computing Market (2024) • Figure 3: Key Players and Their Market Positioning
Research Methodology
The process of market research at Ultra Market Research is an iterative in application and usually follows following path. Information from secondary used to build data models, then results from data models are validated from primary participants. Then cycle repeats where, according to inputs from primary participants, additional secondary research is done, and new Information is again incorporated into data model. The process continues till desired level of Information is not generated
To calculate the market size, the report considers the revenue generated from the sales of Ultra Market Research providers. The revenue generated from the sales of Ultra Market Research has been calculated through primary and secondary research. The report also presents the key players operating in the Ultra Market Research market across the globe identified through secondary research and a corresponding detailed analysis of the top vendors in the market. The market size calculation also includes distribution channel segmentation determined using secondary sources and verified through primary sources.
Secondary Research
The secondary research source that are typically referred to include, but are not limited to:
Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
Internal and external proprietary databases, relevant patent and regulatory databases
National government documents, statistical databases and market reports
News articles, press releases and web-casts specific to the companies operating in the market
The source for secondary research includes but is not limited to: Factiva, Hoovers and Statista
Inner Circle Represents – Stage of Research Process
Middle Circle Represents – Source of Information
Outer Circle Represents – Information Derived from that source
Primary Research We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate data and analysis. A typical research interview fulfills the following functions:
It provides first-hand Information on the market size, market trends, growth trends, competitive landscape, future outlook etc.
Helps in validating and strengthening the secondary research findings
Further develops the analysis team’s expertise and market understanding
Primary research involves E-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies
The participants who typically take part in such a process include, but are not limited to:
Industry participants: CEOs, VPs, marketing/ distribution channel managers, market intelligence managers and national sales managers
Purchasing managers, technical personnel, distributors and resellers
Outside experts: Investment bankers, valuation experts, research analysts specializing in specific markets
Key opinion leaders specializing in different areas corresponding to different industry distribution channels
Models Where no hard data is available, we use modeling and estimates in order to produce comprehensive data sets. A rigorous methodology is adopted in which the available hard data is cross referenced with the following data distribution channels to produce estimates:
Demographic data: Population split by segment
Macro-economic indicators: GDP, etc.
Industry indicators: Expenditure, distribution channel stage & infrastructure, sector growth and facilities.
Data is then cross checked by the expert panel.
2..1 Company Share Analysis Model
Company share analysis is used to derive the size of Global market. As well as study of revenues of companies for last three to five years also provide the base for forecasting the market size and its growth rate. This model is built in following steps: 2..2 Revenue Based Modeling
Revenue based models can be built in two ways – Top-Down or Bottom-Up irrespective of industry. Market size estimated from company share analysis acts as a validation point for bottom-up approach where as it acts as starting point for top-down approach.
2.1 Research Limitations Inflation is not a part of pricing in this report. Prices of Global Healthcare Cloud Computing Market and its derivatives vary in each region and hence similar revenue ratio does not follow for each individual region. The same price for each distribution channel has been taken into account while estimating and forecasting market revenue Globally. Regional average price has been considered while breaking down this market by application in each region. This report provides market size of Global Healthcare Cloud Computing Market for the past year and forecasts for the next six years. Global Healthcare Cloud Computing Market size is given in terms of revenue. Market revenue is defined in USD Million. Market numbers are given on the basis of different Global Healthcare Cloud Computing Market categories. Market size and forecasts for each major application is provided in the context of Global market. The numbers provided in this report are derived on the basis of demand for Global Healthcare Cloud Computing Market from different application industries in different regions.
Segmentation Deployment Model • Public Cloud o Infrastructure as a Service (IaaS) o Platform as a Service (PaaS) o Software as a Service (SaaS) o Others • Private Cloud o Managed Private Cloud o Dedicated Private Cloud • Hybrid Cloud o Integrated Systems o Multi-Cloud Solutions
Application • Clinical Information Systems o Electronic Health Records (EHR) o Computerized Physician Order Entry (CPOE) o Radiology Information Systems (RIS) o Others • Non-Clinical Information Systems o Revenue Cycle Management (RCM) o Supply Chain Management (SCM) o Enterprise Resource Planning (ERP)
End User • Healthcare Providers o Hospitals o Clinics o Ambulatory Services • Healthcare Payers o Insurance Companies o Government Agencies • Others
