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Healthcare Cloud Computing Market Is Witnessed to Grow USD 16.37 Billion, at 22% CAGR from 2018-2022 | Technavio

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According to Technavio Research Report, “Healthcare Cloud Computing Market by product (SaaS, IaaS, and PaaS) and geography (the Americas, APAC, and EMEA) is witnessed to grow USD 16.37 billion, at a CAGR of 22% from 2018 to 2022.”

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

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

Browse complete ToC and LoE, as well as selected illustrations and example pages of Healthcare Cloud Computing Market.

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Global Healthcare Cloud Computing Market: Top emerging trend

Introduction of edge computing is an emerging trend in the ICT space. 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. In edge computing, sensors, controllers, and other connected devices collect and analyze IoT data themselves or transmit it to a nearby computing device such as server or laptop for analysis. Thus, the data can be quickly retrieved and applied in edge computing systems. Vendors such as BioLert are providing software utilizing edge computing for monitoring epileptic patients, detecting and notifying the occurrence of epilepsy episodes in a patient to their family members or caretakers. Edge computing also creates a record of patients’ vitals and events, which can be used by medical professionals to determine better treatment regime for patients.

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Global Healthcare Cloud Computing Market: Increasing cloud assisted medical collaborations

Cloud computing is increasingly being used for tackling the American opioid crisis in collaboration with several stakeholders involved including healthcare professionals, policy makers, and technology providers. In addition, benefits including system scalability, cost savings, and enhanced flexibility are also encouraging the adoption of cloud computing in the modern healthcare systems. Furthermore, organizations are deploying cloud-based modules for helping healthcare professionals in making informed and precise business decisions for opioid prescriptions for their patients.

Few Major Players for the Healthcare Cloud Computing Market are:

  • IBM
  • Microsoft
  • Oracle
  • Salesforce

Global Healthcare Cloud Computing Market: Segmentation Analysis

The market research analysis categorizes the global healthcare cloud computing market into the following products:

  • SaaS in healthcare
  • IaaS in healthcare
  • PaaS in healthcare

In 2017, the SaaS in health care segment accounted for 62% of the global market and is projected to reach 65% by 2022, exhibiting almost 3% increase in market share.

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About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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