Healthcare Cloud Computing Market Will be USD 62.47 Billion by 2030

The global healthcare cloud computing market size is predicted to surpass around USD 62.47 billion by 2030 from USD 13.26 billion in 2022 with a registered CAGR of around 21.4% during the forecast period 2022 to 2030.

Cloud computing delivers instant access to patient information via protected portals and abundant control and storage to healthcare professional. The development of this technology in healthcare networks can boost data sharing and remote collaboration which was impossible with obsolete devices. Several healthcare establishments can harness the advantages of the cloud more than ever due to recent technological advancement and augmented security. Lately developed cloud computing software has been widely operated in laboratories and hospitals to operate patient data competently. Every year enormous administrative and clinical data is produced from laboratories and hospitals that requisite appropriate software for analysis and maintenance. Cloud computing in the healthcare industry drives a push toward data automation and when this technology is united with automation, modernizes the intake and discharge procedures and eradicates the requirement for paper documents.

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Automation in healthcare will prove irreplaceable as the healthcare industry endures to transform and advance. At present, automating data gathering and storing has emerged as next logical step. For instance, Google has a robust history in analytics, big data, and machine learning, and launch edits Google Health API. With rise in multi-cloud access healthcare organizations are predicted to employ Google Cloud’s proficiency whereas also exploring services like Amazon Elastic Compute Cloud and Amazon Simple Storage Service for data storage and computing to address the exceptional requirements of their business.

Report Scope of the Healthcare Cloud Computing Market

Growth Factors

Prominent drivers pushing the development in the cloud computing for healthcare are upsurge in acceptance of information technology in the healthcare arena and augmented access to cutting-edge technology like machine learning among others. Further, growing practice of cloud technology for cost reduction and improved storage, scalability, and flexibility is further considered to reinforce the market growth during analysis period. Cloud computing upturns real-time data assortment and develops data accessibility. It has outperformed the traditional paper healthcare system by offering higher speed and competence in data handling. Cloud computing technology is extensively employed in remote patient monitoring. Intensifying public responsiveness and escalating need for rigorous regulatory compliance, ascending venture from healthcare participants like GE Healthcare, IBM, Cisco, and government organizations are estimated to generate a need for this system during the assessment period.

Regional Snapshots

North American has emerged as prevalent regional market for cloud computing in the healthcare industry in 2019. The large stake of this region is credited to the incentive-driven tactic of health IT programs by government, cumulative implementation of Electronic Health Records amongst medical professionals, vigorous involvement by private sector corporations in the expansion of this region. U.S is a front-runner in the healthcare cloud computing arena, majorly on account of its high acceptance rate of healthcare IT services and unceasing support from the government organization.

Report Highlights

• Healthcare cloud computing market in Europe is also expected to show robust growth throughout the prediction period
• Rising acceptance of cloud computing software by different healthcare professionals across the world is anticipated to fuel the growth of the industry during years to come
• SaaS services of the global healthcare cloud computing market occupied principal revenue stake on account of multiple benefits delivered by this model including safety, quicker deployment time, and inferior up-front capital expenditures.

Key Players & Strategies

Healthcare providers should possess aptitude to manage support and configure HIPAA obedient IT cloud infrastructure. Continuous changes in options, configuration, and service presented by Azure and AWS need IT professionals to have proficiency and cloud services up-to-date training. Choosing the utmost cloud configuration settings will upsurge performance and will offer substantial cost saving for healthcare providers. Though the integrated service offering for the healthcare sector will deliver massive growth prospects, a deficiency of cloud professionals in the healthcare sector will restrict the development of the market contributors. To make the most of the openings, market players should emphasis more on the growth visions in the fast-growing sectors at the same time upholding their foothold in the slow-growing sectors.

Prominent firms engaged in this sector are implementing powerful reasonable strategies to attain more market stake in the healthcare cloud computing market. Certain noteworthy companies functioning in this domain are CareCloud Corporation, Athenahealth, Inc., Carestream Health, IBM Corporation, Dell Inc., Siemens Healthineers and Oracle Corporation.

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Recent Developments

• In January 2023, AWS in Melbourne, the second Amazon Web Services infrastructure region in Australia, has been inaugurated, according to Amazon Web Services, a subsidiary of Amazon.com, Inc. There will be more options for startups, developers, enterprises, and businesses, as well as for nonprofits, educational institutions, and the government, to host their apps and provide end-user services from Australian AWS data centers.
• In October 2022, Oracle offered specific supply chain solutions for the healthcare sector to assist healthcare businesses in fostering a more connected patient experience. The latest sector-specific solutions that form a part of Oracle Fusion Cloud SCM support the particular requirements of healthcare firms and aid them in delivering better care to patients by streamlining planning, enhancing accessibility throughout the supply chain, and automating procedures.
• In September 2022, To deploy Airtel’s edge computing platform in India, which will contain 120 network data facilities spread over 20 locations, Bharti Airtel, a leading provider of communication services with approximately 358 million active users in India and IBM, declared their intention to collaborate.

Healthcare Cloud Computing Market Players

• Cisco Systems Inc
• Allscripts Healthcare Solution Inc
• Microsoft Corp
• Iron Mountain Inc
• Qualcomm Inc
• AthenahealthInc
• GNAX Health
• Dell Inc
• EMC Corp
• IBM Cor
• VMware Inc
• Oracle Corp
• Others

Segments Covered in the Report

By Product

• Healthcare Provider Solutions
  • Clinical Information Systems
    • EHR/EMR
    • Telehealth Solutions
    • PACS/VNA
    • PHM Solutions
    • LIS
    • PIS
    • RIS
  • Non-clinical Information Systems
    • RCM Solutions
    • HIE Solutions
    • Financial Management Solutions
    • SCM Solutions
    • Billings and Account Management Solutions
• Healthcare Payer Solutions
  • Claims Management Solutions
  • Payment Management Solutions
  • Provider Network Management Solutions
  • Fraud Management Solutions
  • CMR Solutions

By Cloud Deployment

• Public
• Private
• Hybrid

By Application

• Clinical Information System
  • Telehealth Solutions
  • Computerized Physician Order Entry
  • Population Health Management (PHM) Solutions
  • Electronic Medical Records
  • Pharmacy Information System
  • Radiology Information System
  • Others
• Non-clinical Information System
  • Revenue Cycle Management (RCM)
  • Billing & Accounts Management Solutions
  • Claims Management
  • Others

By Service

• Platform as a service (Paas)
• Infrastructure as a service (Iaas)
• Software as a service (Saas)

By End Users

• Healthcare Providers
• Healthcare Payers

 By Regional Outlook

• North America
  • U.S.
  • Canada
• Europe
  • U.K.
  • Germany
  • France
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
• Middle East & Africa
• Latin America

Table of Content

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Healthcare Cloud Computing Market 

5.1. COVID-19 Landscape: Healthcare Cloud Computing Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Healthcare Cloud Computing Market, By Product

8.1. Healthcare Cloud Computing Market, by Product, 2022-2030

8.1.1. Healthcare Provider Solutions

8.1.1.1. Market Revenue and Forecast (2020-2030)

8.1.2. Healthcare Payer Solutions

8.1.2.1. Market Revenue and Forecast (2020-2030)

Chapter 9. Global Healthcare Cloud Computing Market, By Cloud Deployment

9.1. Healthcare Cloud Computing Market, by Cloud Deployment, 2022-2030

9.1.1. Public

9.1.1.1. Market Revenue and Forecast (2020-2030)

9.1.2. Private

9.1.2.1. Market Revenue and Forecast (2020-2030)

9.1.3. Hybrid

9.1.3.1. Market Revenue and Forecast (2020-2030)

Chapter 10. Global Healthcare Cloud Computing Market, By Application 

10.1. Healthcare Cloud Computing Market, by Application, 2022-2030

10.1.1. Clinical Information System

10.1.1.1. Market Revenue and Forecast (2020-2030)

10.1.2. Non-clinical Information System

10.1.2.1. Market Revenue and Forecast (2020-2030)

Chapter 11. Global Healthcare Cloud Computing Market, By Service

11.1. Healthcare Cloud Computing Market, by Service, 2022-2030

11.1.1. Platform as a service (Paas)

11.1.1.1. Market Revenue and Forecast (2020-2030)

11.1.2. Infrastructure as a service (Iaas)

11.1.2.1. Market Revenue and Forecast (2020-2030)

11.1.3. Software as a service (Saas)

11.1.3.1. Market Revenue and Forecast (2020-2030)

Chapter 12. Global Healthcare Cloud Computing Market, By End Users

12.1. Healthcare Cloud Computing Market, by End Users, 2022-2030

12.1.1. Healthcare Providers

12.1.1.1. Market Revenue and Forecast (2020-2030)

12.1.2. Healthcare Payers

12.1.2.1. Market Revenue and Forecast (2020-2030)

Chapter 13. Global Healthcare Cloud Computing Market, Regional Estimates and Trend Forecast

13.1. North America

13.1.1. Market Revenue and Forecast, by Product (2020-2030)

13.1.2. Market Revenue and Forecast, by Cloud Deployment (2020-2030)

13.1.3. Market Revenue and Forecast, by Application (2020-2030)

13.1.4. Market Revenue and Forecast, by Service (2020-2030)

13.1.5. Market Revenue and Forecast, by End Users (2020-2030)

13.1.6. U.S.

13.1.6.1. Market Revenue and Forecast, by Product (2020-2030)

13.1.6.2. Market Revenue and Forecast, by Cloud Deployment (2020-2030)

13.1.6.3. Market Revenue and Forecast, by Application (2020-2030)

13.1.6.4. Market Revenue and Forecast, by Service (2020-2030)

13.1.6.5. Market Revenue and Forecast, by End Users (2020-2030)

13.1.7. Rest of North America

13.1.7.1. Market Revenue and Forecast, by Product (2020-2030)

13.1.7.2. Market Revenue and Forecast, by Cloud Deployment (2020-2030)

13.1.7.3. Market Revenue and Forecast, by Application (2020-2030)

13.1.7.4. Market Revenue and Forecast, by Service (2020-2030)

13.1.7.5. Market Revenue and Forecast, by End Users (2020-2030)

13.2. Europe

13.2.1. Market Revenue and Forecast, by Product (2020-2030)

13.2.2. Market Revenue and Forecast, by Cloud Deployment (2020-2030)

13.2.3. Market Revenue and Forecast, by Application (2020-2030)

13.2.4. Market Revenue and Forecast, by Service (2020-2030)

13.2.5. Market Revenue and Forecast, by End Users (2020-2030)

13.2.6. UK

13.2.6.1. Market Revenue and Forecast, by Product (2020-2030)

13.2.6.2. Market Revenue and Forecast, by Cloud Deployment (2020-2030)

13.2.6.3. Market Revenue and Forecast, by Application (2020-2030)

13.2.7. Market Revenue and Forecast, by Service (2020-2030)

13.2.8. Market Revenue and Forecast, by End Users (2020-2030)

13.2.9. Germany

13.2.9.1. Market Revenue and Forecast, by Product (2020-2030)

13.2.9.2. Market Revenue and Forecast, by Cloud Deployment (2020-2030)

13.2.9.3. Market Revenue and Forecast, by Application (2020-2030)

13.2.10. Market Revenue and Forecast, by Service (2020-2030)

13.2.11. Market Revenue and Forecast, by End Users (2020-2030)

13.2.12. France

13.2.12.1. Market Revenue and Forecast, by Product (2020-2030)

13.2.12.2. Market Revenue and Forecast, by Cloud Deployment (2020-2030)

13.2.12.3. Market Revenue and Forecast, by Application (2020-2030)

13.2.12.4. Market Revenue and Forecast, by Service (2020-2030)

13.2.13. Market Revenue and Forecast, by End Users (2020-2030)

13.2.14. Rest of Europe

13.2.14.1. Market Revenue and Forecast, by Product (2020-2030)

13.2.14.2. Market Revenue and Forecast, by Cloud Deployment (2020-2030)

13.2.14.3. Market Revenue and Forecast, by Application (2020-2030)

13.2.14.4. Market Revenue and Forecast, by Service (2020-2030)

13.2.15. Market Revenue and Forecast, by End Users (2020-2030)

13.3. APAC

13.3.1. Market Revenue and Forecast, by Product (2020-2030)

13.3.2. Market Revenue and Forecast, by Cloud Deployment (2020-2030)

13.3.3. Market Revenue and Forecast, by Application (2020-2030)

13.3.4. Market Revenue and Forecast, by Service (2020-2030)

13.3.5. Market Revenue and Forecast, by End Users (2020-2030)

13.3.6. India

13.3.6.1. Market Revenue and Forecast, by Product (2020-2030)

13.3.6.2. Market Revenue and Forecast, by Cloud Deployment (2020-2030)

13.3.6.3. Market Revenue and Forecast, by Application (2020-2030)

13.3.6.4. Market Revenue and Forecast, by Service (2020-2030)

13.3.7. Market Revenue and Forecast, by End Users (2020-2030)

13.3.8. China

13.3.8.1. Market Revenue and Forecast, by Product (2020-2030)

13.3.8.2. Market Revenue and Forecast, by Cloud Deployment (2020-2030)

13.3.8.3. Market Revenue and Forecast, by Application (2020-2030)

13.3.8.4. Market Revenue and Forecast, by Service (2020-2030)

13.3.9. Market Revenue and Forecast, by End Users (2020-2030)

13.3.10. Japan

13.3.10.1. Market Revenue and Forecast, by Product (2020-2030)

13.3.10.2. Market Revenue and Forecast, by Cloud Deployment (2020-2030)

13.3.10.3. Market Revenue and Forecast, by Application (2020-2030)

13.3.10.4. Market Revenue and Forecast, by Service (2020-2030)

13.3.10.5. Market Revenue and Forecast, by End Users (2020-2030)

13.3.11. Rest of APAC

13.3.11.1. Market Revenue and Forecast, by Product (2020-2030)

13.3.11.2. Market Revenue and Forecast, by Cloud Deployment (2020-2030)

13.3.11.3. Market Revenue and Forecast, by Application (2020-2030)

13.3.11.4. Market Revenue and Forecast, by Service (2020-2030)

13.3.11.5. Market Revenue and Forecast, by End Users (2020-2030)

13.4. MEA

13.4.1. Market Revenue and Forecast, by Product (2020-2030)

13.4.2. Market Revenue and Forecast, by Cloud Deployment (2020-2030)

13.4.3. Market Revenue and Forecast, by Application (2020-2030)

13.4.4. Market Revenue and Forecast, by Service (2020-2030)

13.4.5. Market Revenue and Forecast, by End Users (2020-2030)

13.4.6. GCC

13.4.6.1. Market Revenue and Forecast, by Product (2020-2030)

13.4.6.2. Market Revenue and Forecast, by Cloud Deployment (2020-2030)

13.4.6.3. Market Revenue and Forecast, by Application (2020-2030)

13.4.6.4. Market Revenue and Forecast, by Service (2020-2030)

13.4.7. Market Revenue and Forecast, by End Users (2020-2030)

13.4.8. North Africa

13.4.8.1. Market Revenue and Forecast, by Product (2020-2030)

13.4.8.2. Market Revenue and Forecast, by Cloud Deployment (2020-2030)

13.4.8.3. Market Revenue and Forecast, by Application (2020-2030)

13.4.8.4. Market Revenue and Forecast, by Service (2020-2030)

13.4.9. Market Revenue and Forecast, by End Users (2020-2030)

13.4.10. South Africa

13.4.10.1. Market Revenue and Forecast, by Product (2020-2030)

13.4.10.2. Market Revenue and Forecast, by Cloud Deployment (2020-2030)

13.4.10.3. Market Revenue and Forecast, by Application (2020-2030)

13.4.10.4. Market Revenue and Forecast, by Service (2020-2030)

13.4.10.5. Market Revenue and Forecast, by End Users (2020-2030)

13.4.11. Rest of MEA

13.4.11.1. Market Revenue and Forecast, by Product (2020-2030)

13.4.11.2. Market Revenue and Forecast, by Cloud Deployment (2020-2030)

13.4.11.3. Market Revenue and Forecast, by Application (2020-2030)

13.4.11.4. Market Revenue and Forecast, by Service (2020-2030)

13.4.11.5. Market Revenue and Forecast, by End Users (2020-2030)

13.5. Latin America

13.5.1. Market Revenue and Forecast, by Product (2020-2030)

13.5.2. Market Revenue and Forecast, by Cloud Deployment (2020-2030)

13.5.3. Market Revenue and Forecast, by Application (2020-2030)

13.5.4. Market Revenue and Forecast, by Service (2020-2030)

13.5.5. Market Revenue and Forecast, by End Users (2020-2030)

13.5.6. Brazil

13.5.6.1. Market Revenue and Forecast, by Product (2020-2030)

13.5.6.2. Market Revenue and Forecast, by Cloud Deployment (2020-2030)

13.5.6.3. Market Revenue and Forecast, by Application (2020-2030)

13.5.6.4. Market Revenue and Forecast, by Service (2020-2030)

13.5.7. Market Revenue and Forecast, by End Users (2020-2030)

13.5.8. Rest of LATAM

13.5.8.1. Market Revenue and Forecast, by Product (2020-2030)

13.5.8.2. Market Revenue and Forecast, by Cloud Deployment (2020-2030)

13.5.8.3. Market Revenue and Forecast, by Application (2020-2030)

13.5.8.4. Market Revenue and Forecast, by Service (2020-2030)

13.5.8.5. Market Revenue and Forecast, by End Users (2020-2030)

Chapter 14. Company Profiles

14.1. Cisco Systems Inc

14.1.1. Company Overview

14.1.2. Product Offerings

14.1.3. Financial Performance

14.1.4. Recent Initiatives

14.2. Allscripts Healthcare Solution Inc

14.2.1. Company Overview

14.2.2. Product Offerings

14.2.3. Financial Performance

14.2.4. Recent Initiatives

14.3. Microsoft Corp

14.3.1. Company Overview

14.3.2. Product Offerings

14.3.3. Financial Performance

14.3.4. Recent Initiatives

14.4. Iron Mountain Inc

14.4.1. Company Overview

14.4.2. Product Offerings

14.4.3. Financial Performance

14.4.4. Recent Initiatives

14.5. Qualcomm Inc

14.5.1. Company Overview

14.5.2. Product Offerings

14.5.3. Financial Performance

14.5.4. Recent Initiatives

14.6. AthenahealthInc

14.6.1. Company Overview

14.6.2. Product Offerings

14.6.3. Financial Performance

14.6.4. Recent Initiatives

14.7. GNAX Health

14.7.1. Company Overview

14.7.2. Product Offerings

14.7.3. Financial Performance

14.7.4. Recent Initiatives

14.8. Dell Inc

14.8.1. Company Overview

14.8.2. Product Offerings

14.8.3. Financial Performance

14.8.4. Recent Initiatives

14.9. EMC Corp

14.9.1. Company Overview

14.9.2. Product Offerings

14.9.3. Financial Performance

14.9.4. Recent Initiatives

14.10. IBM Cor

14.10.1. Company Overview

14.10.2. Product Offerings

14.10.3. Financial Performance

14.10.4. Recent Initiatives

Chapter 15. Research Methodology

15.1. Primary Research

15.2. Secondary Research

15.3. Assumptions

Chapter 16. Appendix

16.1. About Us

16.2. Glossary of Terms

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