Market Overview

Global Healthcare Cloud Computing Market 2018-2022 to Post a CAGR of 22% Over the Next Five Years | Technavio

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Technavio
analysts forecast the global healthcare cloud computing market to grow
at a CAGR of over 22% during the forecast period, according to their
latest market research report.

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Technavio has published a new market research report on the global healthcare cloud computing market ...

Technavio has published a new market research report on the global healthcare cloud computing market from 2018-2022. (Graphic: Business Wire)

The introduction of edge computing is one of the major trends being
witnessed in the global
healthcare cloud computing market 2018-2022
. Edge computing is a
method of optimizing cloud computing systems by performing computing
applications at the logical end-point of the network instead of cloud or
data centers. Cloud computing in the healthcare industry is increasingly
employing IoT devices for health monitoring and other applications.
Typically, IoT data is collected and transmitted to a cloud or data
centers for processing and analysis, which is time-consuming, however,
edge computing can help speed up the process of data collection and
analysis.

This report is available at a USD 1,000 discount for a limited time
only:
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market snapshot before purchasing

According to Technavio analysts, one of the key factors contributing to
the growth of the global healthcare cloud computing market is the
increasing cloud assisted medical collaborations:

Global healthcare cloud computing market:
Increasing cloud assisted medical collaborations

Research collaborations are increasing globally, especially in the field
of healthcare. Organizations are moving toward conducting collaborative
studies to tackle human healthcare issues quickly and effectively. Such
research entails analysis of vast data sets for research purposes. Thus,
establishments prompting research initiatives require systems with high
computational capabilities. Installation of these systems entails huge
costs due to infrastructure and hardware equipment requirements.
Deploying cloud computing provides cost and infrastructure flexibility
for organizations, as IT resources are acquired and used based on demand
and requirement. Furthermore, using cloud computing in the healthcare
ecosystem has numerous advantages such as cost-savings, enhanced
flexibility, and system scalability, which will contribute to the growth
of the global market during the forecast period.

According to a senior analyst at Technavio for research on enterprise
application, "Introduction of blockchain in cloud computing is
another key factor that is boosting the growth of the global market.
Increasing cybersecurity issues are leading Several enterprises are
implementing blockchain in healthcare IT infrastructure as it can help
achieve greater data security, streamline claims, manage billing, and
ensure drug supply chain."

Global healthcare cloud computing market:
Segmentation analysis

The global healthcare cloud computing market research report provides
market segmentation by product (SaaS in healthcare, IaaS in healthcare,
PaaS in healthcare) and by region (the Americas, EMEA, and APAC). It
provides an in-depth analysis of the prominent factors influencing the
market, including drivers, opportunities, trends, and industry-specific
challenges.

The Americas held the largest share of the market in 2017, accounting
for over 49% share, followed by EMEA and APAC respectively. However,
during the forecast period, the region of EMEA is predicted to have the
highest incremental growth while the other two regions are expected to
witness a decline in their market shares.

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Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market sizing
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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