Global $ 24.55 Billion Healthcare Cloud Computing Market Size by 2028 at 15.25% CAGR: Verified Market Research®


JERSEY CITY, NJ, November 1, 2021 / PRNewswire / – Verified Market Research recently published a report, “Cloud computing for healthcare marketBy type of deployment (private cloud, public cloud and hybrid), by service model (infrastructure as a service, platform as a service and software as a service) and by geography. According to Verified Market Research, the global healthcare cloud computing market size has been estimated to be $ 7.72 billion in 2020 and should reach $ 24.55 billion by 2028, with a CAGR of 15.25% from 2021 to 2028.

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202 – Slips

126 – Tables

37 – Figures

Global Healthcare Cloud Computing Market Overview

The growing trend of digitalization in the healthcare sector has benefited the market considerably. Cloud resources have enabled the healthcare industry to accomplish more in shorter time frames and at a lower cost than other resources. In addition, researchers have made huge profits using cloud computing technology, thus increasing its demand in the healthcare sector. However, issues of privacy and data security are the major factors that will hamper the growth of the market during the forecast period.

The demand for cloud computing for health is increasing due to an aging population, the increasing prevalence of chronic diseases and co-morbidities. The economic benefits of cloud computing include flexibility in costs and that can reduce costs and avoid heavy capital expenditure. In addition, the increase in government initiatives in healthcare services, technological advancements in healthcare industry, population growth are driving the growth of healthcare cloud computing market during the forecast period. However, the biggest constraint of cloud computing in the healthcare industry is data loss. It is potentially surrounded by data breach risks that can raise privacy concerns for patients.

Key developments in Cloud computing for healthcare market

  • Major players are adopting new growth strategies such as new product launches, product innovation in order to gain market share in the Healthcare Cloud Computing market. For example, in 2020, Allscripts and Microsoft extended their five-year healthcare partnership. This extension will help expand its business in terms of developing and delivering cloud-based healthcare IT solutions.
  • In 2019, IBM acquired Red Hat to expand its hybrid cloud business. The acquisition will help IBM deliver the next generation hybrid multi-cloud platform to the market.

The main players in the market are Eclinicalworks, Sectra AB, Carestream Health, Inc., Carecloud Corporation, Allscripts Healthcare Solutions, Inc., Nextgen Healthcare, Inc., Siemens Healthineers AG, Athenahealth, Inc.

Verified market research segmented the global healthcare cloud computing market on the basis of type of deployment, service model, and geography.

  • Healthcare Cloud Computing Market, By Deployment Type
    • Private cloud
    • Public cloud
    • Hybrid
  • Healthcare Cloud Computing Market, By Service Model
    • Infrastructure as a Service
    • Platform as a service
    • Software as a service
  • Healthcare Cloud Computing Market By Geography
    • North America
    • Europe
      • Germany
      • France
      • UK
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • Rest of Asia Pacific
    • LINE
      • Middle East & Africa
      • Latin America

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