Product Code: SR0422A59_Report
The global healthcare cloud computing market reached a value of US$ 33.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 80.2 Billion by 2027, exhibiting a CAGR of 15.5% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Healthcare cloud computing is utilized by healthcare providers for storing, maintaining and backing up personal health information (PHI). It reduces the overall operating costs, provides quick access to data anywhere, and offers flexible resources and economies of scale. It helps in updating patients' records through remote conferencing, improving analysis, and monitoring the data on diagnosis, treatment, cost, and performance. It also assists in providing personalized care, improving patient outcomes, and meeting compliance requirements while improving resiliency and cutting costs. Consequently, it is gaining traction worldwide on account of increasing convenience and boosting the overall efficiency of healthcare organizations.
Healthcare Cloud Computing Market Trends:
- The mass spread of coronavirus disease (COVID-19) has propelled the need for cloud computing technology to facilitate the digital transformation of the healthcare sector. It aids in real-time and remote detecting, tracking, and monitoring of newly infected patients in high-risk settings while reducing the risk of cross-infection. Apart from this, as traditional systems cannot process massive databases, the growing volume of data is driving the demand for healthcare cloud computing to process the information at high speed and provide centralized access to medical records. Moreover, the rising number of individuals diagnosed with chronic diseases, along with the increasing medical costs, is catalyzing the demand for cloud computing solutions to reduce the lack of access and cost of healthcare. Furthermore, the growing access to m-health services is escalating the adoption of healthcare cloud computing to streamline the overall working process, ranging from database accessibility to creating and retaining lab notes. Apart from this, due to increasing instances of data breaches and cybersecurity, leading service providers are offering solutions that avoid susceptible online activity and unauthorized access to data, which is projected to impel the growth of the market.
Key Market Segmentation:
- IMARC Group provides an analysis of the key trends in each sub-segment of the global healthcare cloud computing market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on service model, cloud deployment model, application and end user.
Breakup by Service Model:
- Software as a Service
- Infrastructure as a Service
- Platform as a Service
Breakup by Cloud Deployment Model:
- Private Cloud
- Public Cloud
- Hybrid Cloud
Breakup by Application:
- Clinical Information System
- Computerized Physician Order Entry
- Electronic Medical Records
- Radiology Information System
- Pharmacy Information System
- Others
- Non-clinical Information System
- Automatic Patient Billing
- Revenue Cycle Management
- Claims Management
- Others
Breakup by End User:
- Healthcare Providers
- Healthcare Payers
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Allscripts Healthcare Solution Inc., Amazon.com Inc., Athenahealth Inc., CareCloud Inc., Cisco Systems Inc., Dell Technologies Inc., International Business Machines Corporation, Iron Mountain Inc., Koninklijke Philips N.V., Microsoft Corporation, Oracle Corporation and Siemens AG. Key Questions Answered in This Report:
- How has the global healthcare cloud computing market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global healthcare cloud computing market?
- What are the key regional markets?
- What is the breakup of the market based on the service model?
- What is the breakup of the market based on the cloud deployment model?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global healthcare cloud computing market and who are the key players?
- What is the degree of competition in the industry?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Healthcare Cloud Computing Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Service Model
- 6.1 Software as a Service
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Infrastructure as a Service
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Platform as a Service
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Cloud Deployment Model
- 7.1 Private Cloud
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Public Cloud
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Hybrid Cloud
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by Application
- 8.1 Clinical Information System
- 8.1.1 Market Trends
- 8.1.2 Key Segments
- 8.1.2.1 Computerized Physician Order Entry
- 8.1.2.2 Electronic Medical Records
- 8.1.2.3 Radiology Information System
- 8.1.2.4 Pharmacy Information System
- 8.1.2.5 Others
- 8.1.3 Market Forecast
- 8.2 Non-clinical Information System
- 8.2.1 Market Trends
- 8.2.2 Key Segments
- 8.2.2.1 Automatic Patient Billing
- 8.2.2.2 Revenue Cycle Management
- 8.2.2.3 Claims Management
- 8.2.2.4 Others
- 8.2.3 Market Forecast
9 Market Breakup by End User
- 9.1 Healthcare Providers
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Healthcare Payers
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.2 Asia-Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 Allscripts Healthcare Solution Inc.
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.1.3 Financials
- 15.3.1.4 SWOT Analysis
- 15.3.2 Amazon.com Inc.
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.2.3 Financials
- 15.3.2.4 SWOT Analysis
- 15.3.3 Athenahealth Inc.
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.4 CareCloud Inc.
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.5 Cisco Systems Inc.
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.5.3 Financials
- 15.3.5.4 SWOT Analysis
- 15.3.6 Dell Technologies Inc.
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.6.3 Financials
- 15.3.6.4 SWOT Analysis
- 15.3.7 International Business Machines Corporation
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.7.3 Financials
- 15.3.7.4 SWOT Analysis
- 15.3.8 Iron Mountain Inc.
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.8.3 Financials
- 15.3.8.4 SWOT Analysis
- 15.3.9 Koninklijke Philips N.V.
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.9.3 Financials
- 15.3.9.4 SWOT Analysis
- 15.3.10 Microsoft Corporation
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.10.3 Financials
- 15.3.10.4 SWOT Analysis
- 15.3.11 Oracle Corporation
- 15.3.11.1 Company Overview
- 15.3.11.2 Product Portfolio
- 15.3.11.3 Financials
- 15.3.11.4 SWOT Analysis
- 15.3.12 Siemens AG
- 15.3.12.1 Company Overview
- 15.3.12.2 Product Portfolio
- 15.3.12.3 Financials
- 15.3.12.4 SWOT Analysis
List of Figures
- Figure 1: Global: Healthcare Cloud Computing Market: Major Drivers and Challenges
- Figure 2: Global: Healthcare Cloud Computing Market: Sales Value (in Billion US$), 2016-2021
- Figure 3: Global: Healthcare Cloud Computing Market Forecast: Sales Value (in Billion US$), 2022-2027
- Figure 4: Global: Healthcare Cloud Computing Market: Breakup by Service Model (in %), 2021
- Figure 5: Global: Healthcare Cloud Computing Market: Breakup by Cloud Deployment Model (in %), 2021
- Figure 6: Global: Healthcare Cloud Computing Market: Breakup by Application (in %), 2021
- Figure 7: Global: Healthcare Cloud Computing Market: Breakup by End User (in %), 2021
- Figure 8: Global: Healthcare Cloud Computing Market: Breakup by Region (in %), 2021
- Figure 9: Global: Healthcare Cloud Computing (Software as a Service) Market: Sales Value (in Million US$), 2016 & 2021
- Figure 10: Global: Healthcare Cloud Computing (Software as a Service) Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 11: Global: Healthcare Cloud Computing (Infrastructure as a Service) Market: Sales Value (in Million US$), 2016 & 2021
- Figure 12: Global: Healthcare Cloud Computing (Infrastructure as a Service) Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 13: Global: Healthcare Cloud Computing (Platform as a Service) Market: Sales Value (in Million US$), 2016 & 2021
- Figure 14: Global: Healthcare Cloud Computing (Platform as a Service) Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 15: Global: Healthcare Cloud Computing (Private Cloud) Market: Sales Value (in Million US$), 2016 & 2021
- Figure 16: Global: Healthcare Cloud Computing (Private Cloud) Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 17: Global: Healthcare Cloud Computing (Public Cloud) Market: Sales Value (in Million US$), 2016 & 2021
- Figure 18: Global: Healthcare Cloud Computing (Public Cloud) Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 19: Global: Healthcare Cloud Computing (Hybrid Cloud) Market: Sales Value (in Million US$), 2016 & 2021
- Figure 20: Global: Healthcare Cloud Computing (Hybrid Cloud) Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 21: Global: Healthcare Cloud Computing (Clinical Information System) Market: Sales Value (in Million US$), 2016 & 2021
- Figure 22: Global: Healthcare Cloud Computing (Clinical Information System) Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 23: Global: Healthcare Cloud Computing (Non-clinical Information System) Market: Sales Value (in Million US$), 2016 & 2021
- Figure 24: Global: Healthcare Cloud Computing (Non-clinical Information System) Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 25: Global: Healthcare Cloud Computing (Healthcare Providers) Market: Sales Value (in Million US$), 2016 & 2021
- Figure 26: Global: Healthcare Cloud Computing (Healthcare Providers) Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 27: Global: Healthcare Cloud Computing (Healthcare Payers) Market: Sales Value (in Million US$), 2016 & 2021
- Figure 28: Global: Healthcare Cloud Computing (Healthcare Payers) Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 29: North America: Healthcare Cloud Computing Market: Sales Value (in Million US$), 2016 & 2021
- Figure 30: North America: Healthcare Cloud Computing Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 31: United States: Healthcare Cloud Computing Market: Sales Value (in Million US$), 2016 & 2021
- Figure 32: United States: Healthcare Cloud Computing Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 33: Canada: Healthcare Cloud Computing Market: Sales Value (in Million US$), 2016 & 2021
- Figure 34: Canada: Healthcare Cloud Computing Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 35: Asia-Pacific: Healthcare Cloud Computing Market: Sales Value (in Million US$), 2016 & 2021
- Figure 36: Asia-Pacific: Healthcare Cloud Computing Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 37: China: Healthcare Cloud Computing Market: Sales Value (in Million US$), 2016 & 2021
- Figure 38: China: Healthcare Cloud Computing Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 39: Japan: Healthcare Cloud Computing Market: Sales Value (in Million US$), 2016 & 2021
- Figure 40: Japan: Healthcare Cloud Computing Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 41: India: Healthcare Cloud Computing Market: Sales Value (in Million US$), 2016 & 2021
- Figure 42: India: Healthcare Cloud Computing Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 43: South Korea: Healthcare Cloud Computing Market: Sales Value (in Million US$), 2016 & 2021
- Figure 44: South Korea: Healthcare Cloud Computing Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 45: Australia: Healthcare Cloud Computing Market: Sales Value (in Million US$), 2016 & 2021
- Figure 46: Australia: Healthcare Cloud Computing Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 47: Indonesia: Healthcare Cloud Computing Market: Sales Value (in Million US$), 2016 & 2021
- Figure 48: Indonesia: Healthcare Cloud Computing Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 49: Others: Healthcare Cloud Computing Market: Sales Value (in Million US$), 2016 & 2021
- Figure 50: Others: Healthcare Cloud Computing Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 51: Europe: Healthcare Cloud Computing Market: Sales Value (in Million US$), 2016 & 2021
- Figure 52: Europe: Healthcare Cloud Computing Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 53: Germany: Healthcare Cloud Computing Market: Sales Value (in Million US$), 2016 & 2021
- Figure 54: Germany: Healthcare Cloud Computing Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 55: France: Healthcare Cloud Computing Market: Sales Value (in Million US$), 2016 & 2021
- Figure 56: France: Healthcare Cloud Computing Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 57: United Kingdom: Healthcare Cloud Computing Market: Sales Value (in Million US$), 2016 & 2021
- Figure 58: United Kingdom: Healthcare Cloud Computing Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 59: Italy: Healthcare Cloud Computing Market: Sales Value (in Million US$), 2016 & 2021
- Figure 60: Italy: Healthcare Cloud Computing Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 61: Spain: Healthcare Cloud Computing Market: Sales Value (in Million US$), 2016 & 2021
- Figure 62: Spain: Healthcare Cloud Computing Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 63: Russia: Healthcare Cloud Computing Market: Sales Value (in Million US$), 2016 & 2021
- Figure 64: Russia: Healthcare Cloud Computing Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 65: Others: Healthcare Cloud Computing Market: Sales Value (in Million US$), 2016 & 2021
- Figure 66: Others: Healthcare Cloud Computing Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 67: Latin America: Healthcare Cloud Computing Market: Sales Value (in Million US$), 2016 & 2021
- Figure 68: Latin America: Healthcare Cloud Computing Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 69: Brazil: Healthcare Cloud Computing Market: Sales Value (in Million US$), 2016 & 2021
- Figure 70: Brazil: Healthcare Cloud Computing Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 71: Mexico: Healthcare Cloud Computing Market: Sales Value (in Million US$), 2016 & 2021
- Figure 72: Mexico: Healthcare Cloud Computing Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 73: Others: Healthcare Cloud Computing Market: Sales Value (in Million US$), 2016 & 2021
- Figure 74: Others: Healthcare Cloud Computing Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 75: Middle East and Africa: Healthcare Cloud Computing Market: Sales Value (in Million US$), 2016 & 2021
- Figure 76: Middle East and Africa: Healthcare Cloud Computing Market: Breakup by Country (in %), 2021
- Figure 77: Middle East and Africa: Healthcare Cloud Computing Market Forecast: Sales Value (in Million US$), 2022-2027
- Figure 78: Global: Healthcare Cloud Computing Industry: SWOT Analysis
- Figure 79: Global: Healthcare Cloud Computing Industry: Value Chain Analysis
- Figure 80: Global: Healthcare Cloud Computing Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Healthcare Cloud Computing Market: Key Industry Highlights, 2021 and 2027
- Table 2: Global: Healthcare Cloud Computing Market Forecast: Breakup by Service Model (in Million US$), 2022-2027
- Table 3: Global: Healthcare Cloud Computing Market Forecast: Breakup by Cloud Deployment Model (in Million US$), 2022-2027
- Table 4: Global: Healthcare Cloud Computing Market Forecast: Breakup by Application (in Million US$), 2022-2027
- Table 5: Global: Healthcare Cloud Computing Market Forecast: Breakup by End User (in Million US$), 2022-2027
- Table 6: Global: Healthcare Cloud Computing Market Forecast: Breakup by Region (in Million US$), 2022-2027
- Table 7: Global: Healthcare Cloud Computing Market: Competitive Structure
- Table 8: Global: Healthcare Cloud Computing Market: Key Players