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Health Cloud Market Covid-19 Analysis: By Product Type, Industry Challenges, Development & Innovation, Verticals

12-31-2020 10:59 PM CET | Science & Education

Press release from: Market Research Future

Market Scenario

The global health cloud market 2020 can expect a substantial growth by the end of the review period at a high CAGR. The market can also scale the projected valuation during the forecast period.

Market Synopsis

Rapid technological advances are creating new opportunities for digitalisation across the healthcare sector. Implementation of the Internet of Things ( IoT) in the healthcare sector has led to the generation of substantial volumes of patient data across the organization and is expected to grow signifcantly. Increasing penetration of wearable and smart health devices for health monitoring and tracking purposes also accelerates data generated throughout the healthcare sector; this increases the demand for data storage and analytics capabilities among healthcare providers to understand and obtain insights. In addition, cost-effective features, effective data storage capability, scalability , and flexibility offered by cloud platform such as reducing IT infrastructure-related costs further propels the global health cloud market to grow. However, the cloud platform’s data security and privacy concerns and interoperability issues are factors which limit market growth.

Segmentation

The global health cloud market has been broadly segmented on the basis of component, deployment, service model, application, end user, and region.

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By component, the health cloud market has been segmented into software and services. The services segment has been subsegmented into consulting, implementation and maintenance, and training.

By deployment, the health cloud market has been segmented into private, public, and hybrid cloud.

By service model, the market has been segmented into IaaS, PaaS, and SaaS.

By application, the health cloud market has been segmented into clinical data management, analytics & reporting, data storage, care management, and others.

By end user, the health cloud market has been segmented into hospitals, diagnostic and imaging centers, pharmacies, ambulatory centers, and others.

Competitive Dynamics

The prominent players active in the global market of health cloud are Microsoft Corporation (US), Amazon Web Services, Inc. (US), IBM Corporation (US), Oracle Corporation (US), General Electric Company (US), Salesforce.com Inc. (US), Cisco Systems, Inc. (US), Siemens AG (Germany), and ClearData Networks Inc. (US).

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Other players include Cerner Corporation (US), Carecloud Corporation (US), Carestream Health (US), PLEXIS Healthcare Systems (US), Athenahealth, Inc. (US), Sectra AB (Sweden), and Eclinicalworks, LLC (US).

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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Market Research Future
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Pune – 411028, Maharashtra, India
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