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Healthcare Cloud Computing Market to Witness Robust Growth by 2027

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Increasing demand for cloud technology in healthcare facilities and rising demand for cost-effective healthcare services are driving the healthcare cloud computing market.

The global Healthcare Cloud Computing market is anticipated to grow at a significant rate owing to raid advancements and technological developments in the sector. The report offers strategic recommendations to the businesses and investors to capitalize on the lucrative growth opportunities of Healthcare Cloud Computing market. It also covers mergers and acquisitions, joint ventures, product launches, brand promotions, collaborations, agreements, and partnerships, among others. It also offers insights into the manufacturing processes, revenue estimations, RD advancements, and industrial penetration of Healthcare Cloud Computing market.

The global healthcare cloud computing market is estimated to reach USD 90.46 Billion by 2027, according to a current analysis by Emergen Research. The global healthcare cloud computing market is estimated to expand significantly in the near future, due to the increasing demand for cost-effective healthcare services. Rising demand for cloud technology in healthcare facilities and growing use of cloud techniques for cost cuts in the healthcare industry are expected to boost the global healthcare cloud computing market during the forecast period. Doctors and medical organizations achieve cost reductions to a significant extent by using cloud techniques. Although healthcare organizations and physicians do not need to spend large sums on technology, equipment, and repairs, cloud computing providers can deal with such issues.

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As well as new entrants in the Healthcare Cloud Computing market. It focuses on the recent mergers acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions, and product launches, among others.

Key market participants are Koninklijke Philips NV, Microsoft Corporation, Cisco Systems Inc., Infosys Limited, Omnicell, Inc., CitiusTech Inc., Salesforce.com, Inc., Sectra AB, Allscripts Healthcare Solutions, Inc., and International Business Machines Corporation (IBM).

Market Scope:

One of the report’s central components is the broad Healthcare Cloud Computing market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The report contains unbiased industry expert opinions on the current market scenario, past market performance, production consumption rates, demand supply ratio, and revenue generation forecasts over the estimated period. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report.

Reports Highlights:

  • In November 2020, Cisco Systems Inc. declared to acquire Banzai Cloud Ltd. The acquisition would help Cisco build a cloud-native networking solution with the support from Banzai in terms of teams and assets.
  • The private cloud segment is projected to lead the global healthcare cloud computing market, with a market share of 18.0% during the forecast period. In private clouds, the capacity to track and preserve sensitive patient data persists within the organization. This would drive the segment in the near future.
  • The Platform-as-a-Service (PaaS) segment is expected to expand substantially during the forecast period. Platform-as-a-Service (PaaS) services in cloud are easily featured as well as interpreted by users through a web browser.
  • The pay-as-you-go model segment is expected to hold the largest market share during the forecast period. The most significant benefit of this model is that facilities or equipment are accessible and the expense is calculated within the reservation phase.

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The global Healthcare Cloud Computing market is broadly segmented on the basis of different product types, application range, end-use industries, key regions, and an intensely competitive landscape. This section of the report is solely targeted at readers looking to select the most appropriate and lucrative segments of the Healthcare Cloud Computing sector in a strategic manner. The segmental analysis also helps companies interested in this sector make optimal business decisions and achieve their desired goals.

Emergen Research has segmented the global healthcare cloud computing market based on cloud type, service, application, price model, end-user, and region.

Cloud Type Outlook (Revenue, USD Billion; 2017–2027)

  • Hybrid Cloud
  • Private Cloud
  • Public Cloud

Service Outlook (Revenue, USD Billion; 2017–2027)

  • Platform-as-a-Service
  • Infrastructure-as-a-Service
  • Software-as-a-Service

Application Outlook (Revenue, USD Billion; 2017–2027)

  • Non-clinical Information Systems
  • Clinical Information Systems

Price Model Outlook (Revenue, USD Billion; 2017–2027)

  • Pay-as-you-go
  • Spot Pricing

End-user Outlook (Revenue, USD Billion; 2017–2027)

  • Healthcare Payers
  • Healthcare Providers

Regional Bifurcation of the Healthcare Cloud Computing Market Includes:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Key Questions Answered by the Report:

Which region is expected to dominate the market in the coming years?

What are the recent technological and product advancements occurring in the market?

What are the key strategies adopted by the prominent players in the Healthcare Cloud Computing market?

What are the key product types and applications of the Healthcare Cloud Computing industry?

What is the outcome of SWOT analysis and Porter’s Five Forces analysis?

What is the competitive landscape of the Healthcare Cloud Computing market?

Who are the key players in the industry?

What is the growth rate of the industry over the coming years?

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