Global Healthcare Data Storage Market with Latest Trends and Technologies for Forecast Year 2021-2030.

Absolute Markets Insights have published an erudite market analysis titled Healthcare Data Storage market. The research provides insights about the general aspects of the economy. They are also defined as important factors used to stimulate market growth. In addition, the report also includes key factors that have been identified as market constraints.

Cloud storage offerings are anticipated to witness high growth in global healthcare data storage market due to their low-cost, higher scalability and interoperability, ease of remote access and many other such advantages. Based on end users, hospitals/clinics dominated the global healthcare data storage market in 2018 owing to their high demand for managing patient data and drawing analytical insights to improve quality of care.

North America held the highest market share in global healthcare data storage market and is expected to continue the similar trend over the next eight years. The high presence market players in the region coupled with developed healthcare infrastructure is driving share of North America in the market. Asia Pacific is expected to register the highest compound annual growth rate over the period of next eight years.

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The recent outbreak of COVID-19 pandemic has inflated the patient in-flows and number of medical research activities across the globe. This is anticipated to inflate the demand in global healthcare data storage market for efficient management and secure exchange of patient and research data.

Global healthcare data storage market was valued at US$ 3.1 billion and is expected to reach US$ 6.7 billion, growing at a CAGR of 12.1% over the forecast period. The study analyses the market in terms of revenue across all the major regions, which have been bifurcated into countries.

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Some of the players operating in the healthcare data storage market are:

Amazon Web Services, Inc., Cloudian, DataCore Software, Dell, Inc., Drobo, Inc., FUJITSU, Google LLC, Harmony Healthcare IT, Hewlett Packard Enterprise Development LP, Hitachi Vantara Corporation, Huawei Technologies Co., Ltd, IBM Corporation, Infortrend Technology Inc., Infortrend Technology Inc., NetApp, Pure Storage, Inc., Scality, Seagate Technology LLC and Western Digital Corporation amongst others.

The encouraging government initiatives coupled with customizable solutions to cater unique needs of different end users are driving the demand for healthcare data storage across the globe. Various government institutes are striving to establish regional healthcare information networks and encouraging adoption of IT technologies in healthcare sector by many ways. These networks permits health information exchange thus, enabling doctors, nurses, pharmacists and other healthcare providers to access and share a medical information electronically which improves the speed, quality, safety and cost of patient care. The Health Information Technology for Economic and Clinical Health (HITECH) Act of U.S. Department of Health and Human Services, Acute Data Alignment Programme (ADAPt) program of National Health Service Digital and the Private Healthcare Information Network and many such other programs are accelerating adoption of healthcare data storage solutions.

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Global Healthcare Data Storage Market:

By Offerings
o On Premise Storage
o Cloud Storage
o Virtual Storage

By End Users
o Hospitals/Clinics
o Laboratories
o Research Centers
o Pharmaceuticals
o Others

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