The global healthcare cloud infrastructure market size is estimated to hit US$ 157.8 billion by 2030 and is growing at a CAGR of 14.8% from 2021 to 2030.
The global healthcare cloud infrastructure market size is estimated to hit US$ 157.8 billion by 2030 and is growing at a CAGR of 14.8% from 2021 to 2030.
The cloud infrastructure is the cloud computing used by the health care service providers, this is generally used to retrieve, maintaining, storing and backing up the personal and health care data.
The increasing patient flow in the hospitals and majorly in the public hospitals are offers wide range of health care services. This creates the huge departmental data and traditional method to keep the data secure and maintaining it is quite near to impossible nowadays. Whereas the cloud computing is key development factor for the growth of market. Cloud computing offers flexibility store and maintain the data which why it is gaining popularity in the healthcare industry.
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In addition, the hospitals which offers wide range of health care services, for any treatment it needs a proper laboratorial test and to wait for paper print reports and carry it to the various departments can causes many consciousness, due to which electronic medical reports (EMR) is growing trend in the health care industry. This accessibility of the work is one of the key factors fueling demand for cloud infrastructure.
The technology advancement in the developing countries like India is driving the market. Also growing economies development and adoption of the information and technology across the world is offering opportunities to the market.
Cloud based infrastructure can increase the security in regards with the patient’s personal data, it can also reduce the operational cost as many cloud infrastructure works on flexible subscription model. In addition, it can also help to increase the scalability as it is possible to increase computing power with increasing load and the requirements.
Cloud based technology offers real time analytics with machine learning algorithms, which helps to healthcare professional for decision making and treatment and time management. Are the major factors due to which the cloud infrastructure is gaining popularity and it is expected to have strong growth.
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Report highlights:
The report is analyzed across two components hardware and services, based on the components services segment holds strong market share owing to lack of skillset for the arrangement cloud computing system. Its services can easily accessible with the outsourcing. These services can be avail for short or long term contract. These services are available as IaaS services; such services include storage, networking, and virtualization. PaaS is one of the kind of services available which offers hardware and software tools. SaaS this includes software services that are available via a third-party. The hardware components are also expected to have strong growth owing to an increasing established healthcare infrastructure.
Based on the region the report is segmented by North America, Europe, Asia-Pacific and rest of the world. The North America holds about 50% of the market share owing to increase advancement in information and technology. Also strong presence of market player contributing towards the regional growth. Asia-Pacific expected to grow at faster rate owing to developing information & technology infrastructure. The adoption of advance technology is significantly high in this region which majorly driving the market across the region.
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Future Scope:
Traditionally hospitals and other healthcare providers use hardcopies or files to storage but over the period of the hospitals had moved towards the technology but their approach remain same they started evolving in hospital management software. There are services available in different types like infrastructure as a services (IaaS), Platform as a Service (PaaS), Software as a Services (SaaS). This services have wider benefits, it helps in reduction of cost, it improves performance this is why the healthcare industry is expected shift majorly towards the cloud computing.
COVID-19 pandemic has completely change the working of healthcare function, as it has created stronger opportunities for cloud based healthcare infrastructure.
Development in the market place:
Jul 20, 2021- Amazon Web Services has launched healthcare cloud program.
December 10, 2020- Amazon has launched Services for Big Data Analytics in Healthcare.
December 21, 2021- Oracle Corp. has signed an agreement to acquire Cerner Corp., Cerner is one of the leading medical-records systems provider.
July 15, 2021- Amazon Web Services, Inc. has launched Amazon HealthLake, it is a service for healthcare organizations to store, query, and analyze their health data at scale. This will help the healthcare organization to increase the scalability.
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