Published on : Mar 01, 2017
ALBANY, NY, March 01, 2017: The study investigates the growth of the market occurred over the last few years and the prospects of growth in the near future. The research report reasons the causes responsible for the alterations in the market and analyses them thoroughly. The impact of certain trends has also been discussed in the report. It further provides data on the market shares, strategies, and products of leading companies.
According to the report, the global healthcare cloud computing market is likely to exhibit a CAGR over 21% over the forecast period. The rising deployment of healthcare informatics is expected to drive the growth of the global market for healthcare cloud computing in the near future. With the rising employment of healthcare informatics, the service providers of healthcare information system are incessantly integrating software which are cloud-based as it requires less support in terms of technology and requires low investment. Some of the crucial aspects which are responsible for the rising adoption of cloud-based applications is the high volume capacity it has that can be accessed from anywhere, thus enabling clinicians and doctors to access the medical records and data of patients on mobile and other devices.
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Moreover, it aids clinics and hospitals to store and retrieve later medical images that are documented in sizeable volumes and also provide instant availability and enables sharing among the desired personnel. The research report states that the most prominent cloud-based service for the purpose of storing healthcare data is the software as a service based (SaaS) applications. On the basis of service, the global market for healthcare cloud computing is segmented into platform as a service in healthcare, infrastructure as service in healthcare, and software as a service in healthcare. The software as a service in healthcare is expected to emerge dominant owing to its ability to decrease software licensing’s upfront cost and decline in the time to employ comparison to the on-premises software solutions.
Region-wise, the global healthcare cloud computing market is segmented into the Americas, Asia Pacific, and Europe and the Middle East and Africa. The Americas held the leading share in the market in 2016 and is expected to maintain the lead until the end of the forecast period. The growth of the market in this region can be attributed to the rising investment in IT in the healthcare industry and the employment of mandatory rules and regulations storing electronic data for the patients. The leading companies in the global healthcare cloud computing market are Salesforce, Oracle, IBM, GE, AWS, SAP, NextGen Healthcare, MEDITECH, and Allscripts, among others.
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