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Healthcare Cloud Computing Market Future Challenges and Industry Growth Outlook by 2020-2025

Author : Ronak Bora | Published Date : 2020-09-16 

Healthcare Cloud Computing Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.

Cloud computing is extensively being deployed across the vast healthcare industry, particularly in hospitals and laboratories over the last few years. The combination of cloud computing solutions in the medical sector carries the potential to enhance a number of healthcare-related functions like post-hospitalization care, telemedicine, virtual medical adherence, and many others. Moreover, it also enhances access to healthcare services via telehealth.

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Reports estimate that global healthcare cloud computing market size could cross USD 55 billion by 2025. Healthcare cloud computing software tracks targeted patient health information to improve the lives of the people. An extensive amount of clinical and administrative data is obtained from hospitals and laboratories annually which need a robust software mechanism for further health analysis. The extensive demand for cloud computing will propel the revenue size of the business in the coming years.

As a result of this, adoption rate of cloud computing software continues to increase across ambulatory centers and diagnostic, imaging hospitals. Growing awareness pertaining to availability of advanced healthcare cloud computing software in both developed and developing countries will favor healthcare cloud computing industry expansion.

Clinical information systems segment in the industry is set to grow at 15% CAGR through 2025 on account of the rising demand for evaluation and maintaining raw data generated from healthcare practitioners. Performing analytics on patient data has proved to be very beneficial in formulating more personalized plans for patient care on an individual level. The clinical information systems record patient details and ensures that nothing gets missed while prescribing treatments. This in turn aids in better treatment and quick recovery of patients.

Public cloud segment is estimated to showcase growth rate of 15.5% over the next few years. The robust growth can be attributed to various benefits offered including agility, cost savings and scalability which in turn is driving preference for public cloud deployment. In 2018, software segment in healthcare cloud computing industry accounted for 4.5 billion and is expected to garner significant gains through 2025.

Rapid advancement in technology along with advantages associated with upgraded software will drive the demand. Key advantages include robust auto-updating mechanism, enabling healthcare providers to invest in best treatment decisions along with reduced operational costs, which may boost business growth over the coming years. 

Browse full table of contents (TOC) of this report @ https://www.gminsights.com/toc/detail/healthcare-cloud-computing-market

Partial Chapter of the Table of Content 

Chapter 5. Healthcare Cloud Computing Market, By Component

5.1. Key segment trends

5.2. Services

5.2.1. Market size, by region, 2014-2025 (USD Million)

5.2.2. Software as a Service (SaaS) Market size, by region, 2014-2025 (USD Million)

5.2.3. Infrastructure as a Service (IaaS) Market size, by region, 2014-2025 (USD Million)

5.2.4. Platform as a Service (PaaS) Market size, by region, 2014-2025 (USD Million)

5.3. Software Market size, by region, 2014-2025 (USD Million)

Chapter 6. Healthcare Cloud Computing Market, By Deployment

6.1. Key segment trends

6.2. Public cloud

6.2.1. Market size, by region, 2014-2025 (USD Million)

6.3. Private cloud

6.3.1. Market size, by region, 2014-2025 (USD Million)

6.4. Others

6.4.1. Market size, by region, 2014-2025 (USD Million)

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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