The Healthcare Cloud Computing Market is expected to grow from USD 18.2 billion in 2019 to USD 74.5 billion by 2026 at a CAGR of 18.1% from 2020 to 2026.
The rising implementation of cloud computing software by healthcare professionals is anticipated to drive industry growth in upcoming years. Newly developed cloud computing software has been extensively applied in hospitals and laboratories to achieve patient data efficiently. Every year huge clinical as well as administrative data is produced from hospitals and laboratories that necessitates appropriate software for analysis and maintenance. Such a requirement will enhancement market growth over the estimated timeline. Key industry players have announced software and services that agree to store and integrate enormous healthcare data that shows beneficial for industry development. Furthermore, such software also offers easy access to patient data that supports healthcare professionals to make accurate decisions. Also above-mentioned factors, adoption of cloud computing software is high as it expands hospital administration and enables fraud prevention that should augment healthcare cloud computing industry growth. The global market is segregated on the basis of Service as Infrastructure-as-a-Service, Platform-as-a-Service, and Software-as-a-Service. Based on End- User the global market is segmented in Healthcare Payers and Healthcare Providers. Based on Deployment the global market is segmented in Public Cloud, Hybrid Cloud, and Private Cloud. Based on Application, the global market is segmented in Nonclinical Information Systems and Clinical Information Systems.
The global market report provides geographical analysis covering regions, such as Europe, North America, Asia Pacific, and the Rest of The World. The market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
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The global Healthcare Cloud Computing market has been segmented as below:
By Service
Infrastructure-as-a-Service
Platform-as-a-Service
Software-as-a-Service
By End-User
Healthcare Payers
Healthcare Providers
By Deployment
Public Cloud
Hybrid Cloud
Private Cloud
By Application
Nonclinical Information Systems
Revenue Cycle Management
Automatic Patient Billing
Payroll Management System
Claims Management
Cost Accounting
Other Nonclinical Information Systems
Clinical Information Systems
Electronic Health Record
Picture Archiving
Radiology Information Systems
Computerized Physician Order Entry
Pharmacy Information Systems
Other Applications
By Region
Europe
North America
Asia Pacific
Rest of The World
Competitive Rivalry
Orion Health Group, Fujifilm Holdings Corporation, Vepro Ehealth Solutions, Dell Technologies, Inc, Ensoftek, Inc, Carestream Health, Inc, Athenahealth, Inc, Carecloud Corporation, Siemens Healthineers AG, Eclinicalworks, and others are among the major players in the market. The companies studied in terms of product strategy and various n several growths and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.
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