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18% CAGR growth by 2023 in Healthcare Cloud Computing Market |Major Player - IBM CORPORATION, CARECLOUD CORPORATION, CARESTREAM HEALTH, IRON MOUNTAIN, INC., DELL INC., MERGE HEALTHCARE INC., CLEARDATA, GNAX HEALTH, amongst others.

11-22-2018 06:30 PM CET | Health & Medicine

Press release from: Market Prognosis

US Leads the Market in the North American Region

The US healthcare cloud computing market held the largest market share in 2017 in North, due to continuous technological advancements in the region, increasing number of companies adopting cloud technology in the healthcare sector for operational efficiency and cost-effectiveness are boosting the market in the region.

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The healthcare information system service providers are significantly implementing the cloud-based software, as it comprises less investment and minimal support requirements, in terms of technology. Factors, such as rise in adoption of information technology in the healthcare sector, implementation of patient protection and affordable care act, and access to advance technology, such as machine learning, are easier in cloud system, which are driving the growth of the healthcare cloud computing market. The Data Security and Integrity Issues are some of the major problems for the market.

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Market Segments:
Healthcare cloud computing market is segmented by:
1. Component: Hardware, Software, Services
2. Application: Clinical Information Systems (CIS), Nonclinical Information Systems (NCIS)
3. Deployment: Private Cloud, Public Cloud, Hybrid Cloud
4. Service: Software-as-a-Service (SaaS), Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS)
5. Pricing Model: Pay-as-you-Go, Spot Pricing
6. End User: Healthcare Providers, Healthcare Payers
7. Geography: North America, South America, Europe, Asia Pacific, Middle East & Africa

Key Developments in the Market
• January 2018 - MediStreams had choosen IBM Cloud for healthcare provider billing solutions.
• December 2017 - IOMED relies on the IBM cloud to put unstructured healthcare data to use.
• September 2017 - Iron Mountain had introduced the cloud backup and management services.

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About Market Prognosis
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today's complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

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