Healthcare Cloud Computing Market to Register Strong Growth at CAGR of 18.0% by 2023 | Global Key Players - IBM, CareCloud, Carestream Health, Iron Mountain, Dell, ClearDATA, GNAX Health, VMware

Marketprognosis.com Publish a New Market Research Report On “Global Healthcare Cloud Computing Market 2019 - 2023” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Healthcare Cloud Computing Market:

The Global Healthcare Cloud Computing Market is expected to register a CAGR of 18.0% during the forecast period, 2019 to 2023.

With the increasing adoption of healthcare informatics, 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. High-volume storage capacity and accessibility provided by cloud-based applications are also favoring the market.

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Cloud computing is the practice of using a network of remote servers hosted on the internet, to store, manage, and process data. It does not require or use a local server and significantly reduces the overall cost by cutting infrastructural costs. In addition to one-time set-up cost, maintenance cost is also huge in case of cloud. Healthcare has the ability to generate quantum of data, from patient background information, to image and video data, each and every fraction of second. To effectively store, as well as process this data, advanced computer with more computation power is required, and to have such systems in healthcare institution, healthcare providers will have to invest much more than what they have invested.

Data breach is a common phenomenon these days, and according to the Ponemon Institute, an independent research organization focused on data protection information security policy, data breaches in healthcare are consistently high for the sixth year in a row, in terms of volume, frequency, impact, and cost. According to a research study by Ponemon Institute, nearly 90% of healthcare organizations represented in the study witnessed a data breach in the last two years and about half of them had more than five data breaches during the same period. This study also estimated that breaches could be costing the healthcare industry close to USD 6.2 billion and an average cost of data breaches for covered entities surveyed was more than USD 2.2 million. Due to high incidences of security breach, believing any third person i.e., cloud provider is a hard choice to make and healthcare service providers’ unwillingness to make such choice is restraining the growth of the market. Hence, data security and integrity issues are hindering the growth of the healthcare cloud computing market. Additionally, the lack of interoperability and industry standards is also hindering the growth of the market.

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The US healthcare cloud computing market held the largest market share in 2017 in North, due to continuous technological advancements in the region. Moreover, increasing number of companies adopting cloud technology in the healthcare sector for operational efficiency and cost-effectiveness are boosting the market in the region. Supportive government reforms, like Patient Protection and Affordability Care Act (PPACA), coupled with innovations in cloud technology, are also expected to fuel the growth of the healthcare cloud computing market.

Major Key Players:

1 IBM Corporation

2 CareCloud Corporation

3 Carestream Health

4 Iron Mountain, Inc.

5 Dell Inc.

6 Merge Healthcare Inc.

7 ClearDATA

8 GNAX Health

9 VMware, Inc.

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What Information does this report contain?

1 A detailed analysis of regulatory trends, drivers, industry pitfalls, challenges and growth opportunities for participants

2 Which are the leading market products, applications & regions and how will they perform by 2023?

3 What are the technologies & innovation trends, how will they evolve by 2023?

4 Which companies lead the industry, how are they positioned in the market in terms of sustainability, competency, production capacity and strategic outlook?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Healthcare Cloud Computing Market.

Table of Contents:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Key Inferences

5 Market Overview

6 Drivers, Restraints, Opportunities and Challenges Analysis (Droc)

7 Market Segmentation

8 Competitive Landscape

9 Key Players

10 Future Outlook of the Market

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