The Global Cloud Computing in Healthcare Market to grow from USD 24,797.68 Million in 2019 to USD 67,981.41 Million by 2025, at a Compound Annual Growth Rate (CAGR) of 18.30%.
Market Segmentation & Coverage:
The research report categorizes the Cloud Computing in Healthcare Market to forecast the revenues and analyze the trends in each of the following segments:
Based on Product, the Cloud Computing in Healthcare Market studied across Healthcare Payer Solutions and Healthcare Provider Solutions. The Healthcare Payer Solutions further studied across Claims Management Solutions, Customer Relationship Management Solutions, Fraud Management Solutions, Payment Management Solutions, and Provider Network Management Solutions. The Healthcare Provider Solutions further studied across Clinical Information Systems and Nonclinical Information Systems.
Based on Component, the Cloud Computing in Healthcare Market studied across Services and Software.
Based on Pricing Model, the Cloud Computing in Healthcare Market studied across Pay-As-You-Go Pricing Model and Spot Pricing Model.
Based on SERVICE MODEL, the Cloud Computing in Healthcare Market studied across Infrastructure-As-A-Service, Platform-As-A-Service, and Software-As-A-Service.
Based on Deployment Model , the Cloud Computing in Healthcare Market studied across Hybrid Cloud, Private Cloud, and Public Cloud.
Based on Geography, the Cloud Computing in Healthcare Market studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas region surveyed across Argentina, Brazil, Canada, Mexico, and United States. The Asia-Pacific region surveyed across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, South Korea, and Thailand. The Europe, Middle East & Africa region surveyed across France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and United Kingdom.
The factors attributing to the growth of the market are quicker accessibility of digital medical records, way of imparting extra pace and efficiency in statistics handling, and huge storage of clinical statistics in hospitals and clinics conventional mode of billing practices. However, some factors such as privacy concern and data security and complex government norms may hinder the market growth. The Cloud Computing in Healthcare Market expected to showcase the opportunities such as emergence of blockchain in the health cloud, investment of big players on accountable care organization, and bridging the accessibility and connectivity gap. Soon market may face the possible challenges in the growth due to lack of skill to manage vast data. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the market.
Cumulative Impact of COVID-19:
COVID-19 is an incomparable global public health emergency that has affected almost every industry, so for and, the long-term effects projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlaying COVID-19 issues and potential paths forward. The report is delivering insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecast, considering the COVID-19 impact on the market.
360iResearch Competitive Strategic Window:
The 360iResearch Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies. The Competitive Strategic Window helps the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. During a forecast period, it defines the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth.
360iResearch FPNV Positioning Matrix:
The 360iResearch FPNV Positioning Matrix evaluates and categorizes the vendors in the Cloud Computing in Healthcare Market on the basis of Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.
Company Usability Profiles:
The Cloud Computing in Healthcare Market is highly competitive and characterized by the presence of a large number of international and regional players in the market. The market has witnessed increased competition between vendors based on the pricing model, technology differentiation, brand name, quality of service, price differentiation, and technical expertise.
The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global Cloud Computing in Healthcare Market, including Allscripts Healthcare Solutions, Inc., Athenahealth, Inc., Carecloud Corporation, Carestream Health, Inc., Dell Technologies, Inc., DXC Technology, Eclinicalworks, Ensoftek, Inc, Fujifilm Holdings Corporation, Ge Healthcare, Hyland Software, Inc., Infinitt Healthcare Co. Ltd., International Business Machines Corporation, Koninklijke Philips N.V., Nextgen Healthcare, Inc., NTT DATA Corporation, Orion Health Group, Sectra AB, Siemens Healthineers AG, and VEPRO AG.