Healthcare Cloud Computing Market Set to Surge Significantly During 2017-2025

Key competitors in healthcare cloud computing market are: Agfa-Gevaert N.V., Athena Health Inc., Care Cloud Corporation CareStream Health Inc., Dell Inc., IBM Corporation, Oracle Corporation, Microsoft Corporation, and GE Healthcare.

The research report on healthcare cloud computing market includes current market scenario analysis as well as a revised forecast for a period of eight years. According to a recent market report published by Persistence Market Research titled, “Healthcare Cloud Computing Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025)” the global healthcare cloud computing market is anticipated to be valued at US$ 7791.4 Mn in 2025, and is expected to register a CAGR of 18.9% from 2017 to 2025.

Increasing demand for better healthcare facilities and Rising investments by healthcare IT players are major factors driving growth of the global healthcare cloud computing market. Cloud refers to a prototype in which data is permanently stored on servers and accessed by clients with the help of different information systems such as computers, sensors, laptops, and others. Cloud computing refers to a process which involves delivering hosted services to clients.

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Global healthcare cloud computing market is categorized on the basis of application, deployment model, by components, by service model and region. On the basis of application, the market is segmented as CIS and NCIS. The CIS segment is anticipated to register a CAGR of 20.3% during the forecast period. The component segment is segmented into software, hardware, and services. On the basis of deployment model, the market is segmented as public cloud, private cloud, and hybrid cloud. Private cloud segment accounted for highest market share and was valued at US$ 2,504 Mn in 2016.

This report also covers drivers, restraints and trends driving each segment and offers analysis and insights regarding the potential of healthcare cloud computing market in regions including North America, Latin America, Europe, Asia Pacific, and Middle East and Africa. Among these regions, North America accounted for the largest market share in 2016. Moreover, North America region is also expected to register a healthy CAGR of 19.6% during the forecast period.

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