The Europe Healthcare Cloud Computing Market is expected to witness market growth of 16.6% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Healthcare Cloud Computing Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $9.42 billion by 2031. The UK market is experiencing a CAGR of 15.7% during 2024-2031. Additionally, the France market would exhibit a CAGR of 17.5% during 2024-2031.
Cloud computing also helps healthcare providers reduce IT costs and comply with strict data security regulations. For instance, according to NHS Digital, the National Health Service (NHS) in the U.K. has saved £75 million annually by transitioning to cloud-based services. It is anticipated that the healthcare cloud computing market will continue to expand, fueled by the growing volume of healthcare data, the necessity for scalable storage, and regulatory pressures. These advancements enable efficient management of healthcare operations and improve patient care through better data accessibility and security.
The expanding utilization of electronic health records (EHRs) in healthcare systems worldwide is one of the primary factors driving the healthcare cloud computing market. EHRs, which digitize patient information and make it accessible to healthcare providers, have become essential for improving care delivery, enhancing patient safety, and reducing administrative burdens. However, as EHRs have become more widespread, scalable storage solutions are needed to handle the immense amounts of data generated by patient records.
The demand for cloud-based healthcare solutions is being driven by the growing disease burden in the United Kingdom, particularly those associated with chronic conditions like diabetes and cardiovascular diseases. To enhance patient outcomes through improved data analytics and population health management, the National Health Service (NHS) is increasingly utilizing cloud computing to manage large volumes of patient data related to chronic disease management.
The NHS Long-Term Plan highlights the role of cloud computing in supporting remote monitoring and predictive analytics for chronic disease care. This initiative is helping healthcare providers make informed decisions and optimize treatment pathways, contributing to the growth of healthcare cloud adoption in the UK. Thus, the region will present lucrative growth opportunities for the market throughout the forecast period.
Based on Application, the market is segmented into Clinical Information Systems (CIS) {Electronic Health Records (EHR), Picture Archiving and Communication System (PACS), Radiology Information System (RIS), and Others (COPE, PIS, etc.)}, and Non-clinical Information Systems (NCIS) {Revenue Cycle Management (RCM), Billings and Accounts Management Solution, and Others (SCM, HIE, etc.)}. Based on Service Model, the market is segmented into Software as a Service (SaaS), Platform as a Service (PaaS), and Infrastructure as a Service (IaaS).
The Germany market dominated the Europe Healthcare Cloud Computing Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $9.42 billion by 2031. The UK market is experiencing a CAGR of 15.7% during 2024-2031. Additionally, the France market would exhibit a CAGR of 17.5% during 2024-2031.
Cloud computing also helps healthcare providers reduce IT costs and comply with strict data security regulations. For instance, according to NHS Digital, the National Health Service (NHS) in the U.K. has saved £75 million annually by transitioning to cloud-based services. It is anticipated that the healthcare cloud computing market will continue to expand, fueled by the growing volume of healthcare data, the necessity for scalable storage, and regulatory pressures. These advancements enable efficient management of healthcare operations and improve patient care through better data accessibility and security.
The expanding utilization of electronic health records (EHRs) in healthcare systems worldwide is one of the primary factors driving the healthcare cloud computing market. EHRs, which digitize patient information and make it accessible to healthcare providers, have become essential for improving care delivery, enhancing patient safety, and reducing administrative burdens. However, as EHRs have become more widespread, scalable storage solutions are needed to handle the immense amounts of data generated by patient records.
The demand for cloud-based healthcare solutions is being driven by the growing disease burden in the United Kingdom, particularly those associated with chronic conditions like diabetes and cardiovascular diseases. To enhance patient outcomes through improved data analytics and population health management, the National Health Service (NHS) is increasingly utilizing cloud computing to manage large volumes of patient data related to chronic disease management.
The NHS Long-Term Plan highlights the role of cloud computing in supporting remote monitoring and predictive analytics for chronic disease care. This initiative is helping healthcare providers make informed decisions and optimize treatment pathways, contributing to the growth of healthcare cloud adoption in the UK. Thus, the region will present lucrative growth opportunities for the market throughout the forecast period.
Based on Application, the market is segmented into Clinical Information Systems (CIS) {Electronic Health Records (EHR), Picture Archiving and Communication System (PACS), Radiology Information System (RIS), and Others (COPE, PIS, etc.)}, and Non-clinical Information Systems (NCIS) {Revenue Cycle Management (RCM), Billings and Accounts Management Solution, and Others (SCM, HIE, etc.)}. Based on Service Model, the market is segmented into Software as a Service (SaaS), Platform as a Service (PaaS), and Infrastructure as a Service (IaaS).
List of Key Companies Profiled
- Dell Technologies, Inc.
- Hewlett Packard Enterprise Company
- Microsoft Corporation
- Oracle Corporation
- IBM Corporation
- Salesforce, Inc.
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Siemens Healthineers AG (Siemens AG)
- Koninklijke Philips N.V.
- NTT Data Corporation
Market Report Segmentation
By Application
- Clinical Information Systems (CIS)
- Electronic Health Records (EHR)
- Picture Archiving and Communication System (PACS)
- Radiology Information System (RIS)
- Others (COPE, PIS, etc.)
- Non-clinical Information Systems (NCIS)
- Revenue Cycle Management (RCM)
- Billings and Accounts Management Solution
- Others (SCM, HIE, etc.)
By Service Model
- Software as a Service (SaaS)
- Platform as a Service (PaaS)
- Infrastructure as a Service (IaaS)
By Deployment Model
- Public Cloud
- Private Cloud
- Hybrid Cloud
By End User
- Healthcare Providers
- Hospitals
- Diagnostic and Imaging Centers
- Pharmacies
- Ambulatory Centers
- Healthcare Payers
- Private Payers
- Public payers
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. Europe Healthcare Cloud Computing Market by Application
Chapter 6. Europe Healthcare Cloud Computing Market by Service Model
Chapter 7. Europe Healthcare Cloud Computing Market by Deployment Model
Chapter 8. Europe Healthcare Cloud Computing Market by End User
Chapter 9. Europe Healthcare Cloud Computing Market by Country
Chapter 10. Company Profiles
Companies Mentioned
Some of the key companies profiled in this Europe Healthcare Cloud Computing market report include:- Dell Technologies, Inc.
- Hewlett Packard Enterprise Company
- Microsoft Corporation
- Oracle Corporation
- IBM Corporation
- Salesforce, Inc.
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Siemens Healthineers AG (Siemens AG)
- Koninklijke Philips N.V.
Methodology
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