Healthcare Cloud Computing Market Research Report, Share, and Forecast to 2025

Posted by rekha on November 11th, 2019

The Global Healthcare Cloud Computing Market was valued around US$ 17.2 Bn by 2018 and growing at a significant CAGR of 18.6% over next seven years 2019-2025 due to growing adoption of cloud computing software by healthcare professionals

The global healthcare cloud computing market accounted for US$ 17.2 Bn in 2018 and burgeoning over the forthcoming years. Some of the key factors fueling the market growth include increasing adoption of big data analytics, wearable devices, and IoT in healthcare, implementation of the patient protection and affordable care act, growing adoption of cloud computing software by healthcare professionals, usage of cloud reduces cost and improves scalability, storage, and flexibility and technologically advancing healthcare infrastructure. However, lack of interoperability and industry standards and data security and integrity issues are hampering the market growth. In addition, advent of telecloud provides huge growth opportunity for the market.

Global healthcare cloud computing market segmented on the basis of product type, deployment model, application, service model, end user and region.

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Hybrid cloud dominate the Global Healthcare Cloud Computing Market

Based on product type, global healthcare cloud computing market is segmented into hybrid cloud, public cloud and private cloud. Hybrid cloud held considerable market growth during estimated period. A hybrid cloud is a computing situation that associates a public cloud and a private cloud by letting data and applications to be shared between them. Organizations gain the flexibility and computing power of the public cloud for basic and non-sensitive computing tasks, however keeping business-critical applications and data on-premises, safely behind a company firewall. When computing and processing demand fluctuates, hybrid cloud computing gives businesses the ability to effortlessly scale their on-premises infrastructure up to the public cloud to handle any overflow without giving third-party datacenters access to the entirety of their data.

North America Leads the Global Healthcare Cloud Computing market

PBI’s global healthcare cloud computing market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. According to regional analysis.North America accounted for larger revenue share in global healthcare cloud computing market with considerable CAGR. The growth in this region is due to increasing acceptance of EHRs among medical professionals and continuous technological advancements in the healthcare cloud computing solution. U.S is the major contributor for the growth of the market in the region. Further, Asia Pacific held substantial market growth during the estimated period owing to increase in chronic disease burden and increasing geriatric population. China and Japan present immense growth opportunity for the market in the region.

Strategic Acquisitions are the Key Strategies Adopted by Market Players

Global healthcare cloud computing market further reveals that the key players increasingly adopting strategies such as launch of newer products, frequent product approvals, and long term alliance to improve market revenue share and gaining significant geographic presence across the region. For Instance, In August 2017, NextGen Healthcare acquired EagleDream Health for the development of technologies in healthcare cloud computing.

Key player’s profiles in the report are GNAX Health (U.S.), CareCloud Corporation (U.S.), Athenahealth, Inc. (U.S.), Iron Mountain, Inc. (U.S.), ClearData Networks, Inc. (U.S.), IBM Corporation (U.S.), Nextgen Healthcare Information Systems (QSI Management, LLC) (U.S.), Carestream Health (U.S.), VMware, Inc. (U.S.), Merge Healthcare, Inc. (U.S.), and Roper Technologies, Inc. (U.S.).

Precision Business Insights (PBI) in its report titled “Global Healthcare Cloud Computing Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period. Moreover, the report also includes the total revenue and volume for the market.

Detailed Segmentation


By Product Type       

o     Hardware

o     Software

o     Services

By Deployment Model           

o     Hybrid cloud

o     Public cloud

o     Private cloud

By Application           

o     Clinical information systems

o     Non-clinical information systems

By Service Model      

o     Information service

o     Software service

o     Platform service

By End User  

o     Healthcare Payers

o     Healthcare providers

o     Others          


By Geography

o     North America

  • U.S
  • Canada

o     Europe

  • Germany
  • France
  • U.K
  • Italy
  • Spain
  • Russia
  • Poland
  • Rest of Europe

o     Asia-Pacific

  • Japan
  • China
  • India
  • Australia & New Zealand
  • ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
  • South Korea
  • Rest of Asia-Pacific

o     Latin America

  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America

o     Middle East and Africa (MEA)

  • Gulf Cooperation Council (GCC) Countries
  • Israel
  • South Africa
  • Rest of MEA

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Joined: July 26th, 2019
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