The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

Market Growth Snapshot

• The healthcare cloud computing market has experienced rapid growth, reaching $36.27 billion in 2023 and is projected to reach $41.33 billion in 2024, with a CAGR of 13.9%.
• Forecasts indicate continued expansion, with the market expected to grow to $74.36 billion in 2028, with a CAGR of 15.8%.

IT Adoption Revolutionizes Healthcare

• Increasing adoption of information technology in healthcare is a significant driver of the healthcare cloud computing market.
• Technologies like electronic health records (EHRs) and e-prescriptions improve patient access to healthcare facilities and services.
• The Accenture health and life science experience survey shows that 26% of respondents in the US reported improved healthcare access through digital adoption during the COVID-19 pandemic.

Key Players in the Market

• Major companies driving innovation in the healthcare cloud computing market include IBM, Athenahealth, Siemens AG, Cisco Systems Inc., Microsoft Corporation, and Amazon Web Services Inc.
• These companies offer advanced cloud solutions tailored to the healthcare sector’s needs.

Innovative Healthcare Cloud Platforms

• Leading companies are launching innovative products like healthcare cloud platforms to enhance personalized health and drug development.
• Fujitsu Limited introduced a cloud-based platform facilitating personalized healthcare and drug development by securely collecting and analyzing health-related data.
• This platform enables secure storage of personal health information and supports data analysis for pharmaceutical R&D.

Oracle’s Strategic Acquisition

• Oracle’s acquisition of Cerner for approximately $28 billion in June 2022 signals its entry into the healthcare industry.
• The acquisition aims to bolster Oracle’s cloud business in the hospital and health system market, leveraging Cerner’s expertise in health information technology platforms.

Read The Full Healthcare Cloud Computing Market Report Here:

https://www.thebusinessresearchcompany.com/report/healthcare-cloud-computing-global-market-report

Market Segmentation

• Deployment Models: Private Cloud, Hybrid Cloud, Public Cloud.
• End Users: Healthcare Providers, Healthcare Payers.
• Pricing Models: Pay-as-you-go, Spot Pricing.
• Service Models: Software-as-a-Service (SaaS), Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS).
• Applications: Clinical Information System, Non-Clinical Information System.

Regional Dynamics

• Asia-Pacific emerged as the largest region in the healthcare cloud computing market in 2023, driven by increasing digitalization in healthcare.
• North America is forecasted to be the fastest-growing region, with high demand for advanced healthcare IT solutions.

Future Trends and Outlook

• Adoption of telehealth services, AI integration, remote patient monitoring, and edge computing will drive market growth.
• Emerging trends include blockchain for healthcare data management, hybrid cloud deployments, and mobile health applications.
• The integration of IoT in healthcare systems and the emphasis on data analytics will reshape the healthcare cloud computing landscape.

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The Healthcare Cloud Computing Global Market Report 2024  provides an overview of the healthcare cloud computing market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The healthcare cloud computing market forecast analyzes healthcare cloud computing market size, healthcare cloud computing market share, leading competitor and their market positions.

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