The global market for Healthcare Cloud Computing is estimated at US$50.5 Billion in 2023 and is projected to reach US$164.5 Billion by 2030, growing at a CAGR of 18.4% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the healthcare cloud computing market is driven by several factors, including technological advancements, increased healthcare IT spending, and a shift towards patient-centered care. The continuous evolution of cloud technologies such as secure data storage, enhanced scalability, and robust disaster recovery capabilities appeals strongly to healthcare institutions aiming to modernize their IT infrastructure. Increased IT spending by healthcare providers, motivated by the need to improve service quality while managing costs, further stimulates this market`s expansion. Additionally, regulatory frameworks like HIPAA in the United States, which mandate the protection and confidential handling of protected health information, are pushing healthcare providers towards cloud solutions that offer robust security measures compliant with these regulations. The consumer behavior trend towards expecting immediate access to personal healthcare information and the increasing importance of data portability in patient care encourage healthcare providers to adopt cloud-based solutions. The market is also fueled by the growing need for collaborative care models and the integration of artificial intelligence and Internet of Things (IoT) technologies in healthcare, which rely heavily on the cloud for operational execution.
The growth in the healthcare cloud computing market is driven by several factors, including technological advancements, increased healthcare IT spending, and a shift towards patient-centered care. The continuous evolution of cloud technologies such as secure data storage, enhanced scalability, and robust disaster recovery capabilities appeals strongly to healthcare institutions aiming to modernize their IT infrastructure. Increased IT spending by healthcare providers, motivated by the need to improve service quality while managing costs, further stimulates this market`s expansion. Additionally, regulatory frameworks like HIPAA in the United States, which mandate the protection and confidential handling of protected health information, are pushing healthcare providers towards cloud solutions that offer robust security measures compliant with these regulations. The consumer behavior trend towards expecting immediate access to personal healthcare information and the increasing importance of data portability in patient care encourage healthcare providers to adopt cloud-based solutions. The market is also fueled by the growing need for collaborative care models and the integration of artificial intelligence and Internet of Things (IoT) technologies in healthcare, which rely heavily on the cloud for operational execution.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Healthcare Cloud Computing Services segment, which is expected to reach US$132.6 Billion by 2030 with a CAGR of a 19.2%. The Healthcare Cloud Computing Software segment is also set to grow at 15.5% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $23.8 Billion in 2023, and China, forecasted to grow at an impressive 20.8% CAGR to reach $12.2 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Healthcare Cloud Computing Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Healthcare Cloud Computing Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Healthcare Cloud Computing Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as IBM Corporation, Huawei Technologies Co., Ltd., AT&T, Inc., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 115 Featured):
- IBM Corporation
- Huawei Technologies Co., Ltd.
- AT&T, Inc.
- GE HealthCare PLC
- Allied Telesis, Inc.
- Epic Systems Corporation
- ExamWorks, Inc.
- Dell Technologies, Inc.
- DICOM Grid, Inc.
- e-Zest Solutions Ltd.
- Certintell
- HR Cloud, Inc.
- Euris
- Hospify Limited
- Dottli Oy
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYREST OF EUROPEREST OF WORLDIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
Companies Mentioned
- IBM Corporation
- Huawei Technologies Co., Ltd.
- AT&T, Inc.
- GE HealthCare PLC
- Allied Telesis, Inc.
- Epic Systems Corporation
- ExamWorks, Inc.
- Dell Technologies, Inc.
- DICOM Grid, Inc.
- e-Zest Solutions Ltd.
- Certintell
- HR Cloud, Inc.
- Euris
- Hospify Limited
- Dottli Oy
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 555 |
| Published | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 50.5 Billion |
| Forecasted Market Value ( USD | $ 164.5 Billion |
| Compound Annual Growth Rate | 18.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
