Product Overview

Healthcare Cloud Infrastructure also offers real-time data storage and increases data accessibility for organizations to store, handle and process data from various locations and deliver hosted services over the internet. Healthcare Cloud Infrastructure allows the healthcare sector to store and view data remotely in various ways, such as allowing professionals. Cloud computing increases the processing of data in real-time and enhances data usability. By offering more speed and reliability in data handling, it has outpaced the traditional paper healthcare system.

Market Highlights

Healthcare Cloud Computing Market is expected to project a notable CAGR of 17.6% in 2030.

Healthcare Cloud Computing Market to surpass USD 66.3 Billion by 2030 from USD 26.5 Billion in terms of value growing at a CAGR of 17.6% throughout the forecast period, i.e., 2020-30. Growing adoption by healthcare professionals of cloud computing software is expected to drive industry growth. Business growth is also expected from the expansion of the high-speed internet and the introduction of favorable regulatory actions. Increasing demand from healthcare players such as Cisco, IBM, GE Healthcare, and government organizations for strict regulatory enforcement, public awareness, and increasing investment is expected to generate a demand during the study period for this technique. Factors such as technical improvement in the healthcare sector, the growing emphasis on healthcare digitization, and the increasing implementation of cloud-based HCIT technologies by healthcare providers to enhance the treatment process can be attributed to growth in the healthcare cloud computing market in the coming years.

Healthcare Cloud Computing Market: Segments

Public cloud segment to grow with the highest CAGR of 13.2% during 2020-30

Healthcare Cloud Computing Market is segmented by deployment model as public cloud, private cloud, and hybrid cloud. The private cloud deployment model segment is estimated to lead the market with a share of XX.X% in 2019. The private on-premise cloud offers high-security solutions and provides network access. For larger organizations that have IT personnel and security experience, private cloud storage works well. In addition, the on-premise private cloud enables companies to install their own software and comply with any enforcement concerns, leading to increased adoption in the coming years. A single company typically owns and manages private cloud computing software. As it offers more control over infrastructure, cloud clients, and computational resources than the public cloud, healthcare providers implement private cloud computing solutions.

Supercritical Segment to grow with the highest CAGR during 2020-30

Healthcare Cloud Computing Market is segmented by service into software-as-a-service (SaaS), platform-as-a-service (PaaS), and infrastructure-as-a-service (IaaS). The SaaS model segment accounted for the largest revenue share of XX.X% in 2019 owing to its several advantages over on-premise solutions, such as security, the lower total cost of ownership, faster deployment time, and limited up-front capital expenses. The demand among healthcare providers for healthcare cloud computing is mainly driven by its multi-tenant service that allows unlimited users and offers users access at any time and anywhere. It decreases operating costs and improves the usage of resources as this service is hosted by a supplier or a service provider. Several cloud computing systems, like SaaS, provide on-demand services to healthcare organizations. It offers easy access to business applications as well. Besides, such services improve patient relationship management, which enhances its adoption among healthcare providers, thus fostering market growth in the near future.

Healthcare Cloud Computing Market: Market Dynamics

Drivers

Access to Advance Technology

Access to advanced technologies such as machine learning and cloud use to minimize costs and enhance scalability, storage, and versatility are the major factors for the growth of the healthcare cloud computing industry. To store, handle and process data, cloud computing is the practice of using a network of remote servers hosted on the internet. It does not require or use a local server and eliminating infrastructural expenses, greatly reduces the total cost. In addition to one-time set-up costs, maintenance costs in the event of a cloud are often immense.

Rise in Adoption of Information Technology in the Healthcare Sector

Increased adoption of information technology in the healthcare sector, access to advanced technology, such as machine learning, and cloud use to minimise costs and increase scalability, storage, and versatility are the key reasons for the growth of the healthcare cloud computing industry. In order to store, handle and process data, cloud computing is the practice of using a network of remote servers hosted on the internet. It does not require or use a local server and eliminating infrastructural expenses, greatly reduces the total cost. In addition to one-time set-up costs, maintenance costs in the event of a cloud are often immense.

Restrain

Data Security and Integrity Issues

Major concern about cloud solutions is that vendor-hosted data is not as secure as data stored on-site. Patient information is considered sensitive and there is a need to ensure a high degree of privacy such that this information is available only to approved users. While the cloud has numerous advantages and security measures, the information stored on the cloud is still vulnerable to cyber-attacks. Data protection and privacy issues are growing increasingly with the increasing amount of patient data and rising efforts towards digital transformation in healthcare. In addition, patients themselves are concerned about the security of their data, which adds to the importance of maintaining data protection security standards. Like conventional IT systems, public clouds face similar security problems and are thus not favoured. While private clouds have more reliable protocols and frameworks for access, the healthcare industry remains sceptical about private cloud data protection.

Healthcare Cloud Computing Market: Key Players

Oracle Corp.

Company Overview

Business Strategy

Key Product Offerings

Financial Performance

Key Performance Indicators

Risk Analysis

Recent Development

Regional Presence

SWOT Analysis

Microsoft Corp.

EMC Corp.

Cisco Systems Inc.

VMWare, Inc.

Merge Healthcare, Inc.

Iron Mountain, Inc.

IBM Corporation

Global Net Access (GNAX)

Dell Inc.

Cleardata Networks, Inc.

Carestream Health, Inc.

Carecloud Corporation

Athenahealth, Inc

Healthcare Cloud Computing Market: Regions

Healthcare Cloud Computing Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC, and MENA.

Healthcare Cloud Computing Market in North America led the market with a lion share of XX.X in 2019 and is projected to maintain its lead over the forecast period. Continuous technical advances in the cloud computing solution for healthcare have strengthened its acceptance among healthcare providers. In addition, the supportive regulatory scenario favors regional growth as it ensures that effective and updated software is available. During the forecast period, Asia Pacific is projected to rise at the highest CAGR. The growth of the healthcare cloud computing market in the Asia Pacific is driven by the evolving demographics in highly populated countries such as China and India, large volumes of patient data created as a result of the increasing disease burden in the region, and various government initiatives focusing on healthcare digitization. Growing investment in modernizing the country's healthcare infrastructure is therefore expected to drive the growth of the APAC region's healthcare cloud computing market.

Competitive Landscape:

The Healthcare Cloud Computing market, which is highly competitive, consists of several major players such as IBM (US), athenahealth (US), Siemens Healthineers (Germany), Koninklijke Philips NV (Netherlands) hold a substantial market share in the Healthcare Cloud Computing market. Other players analyzed in this report are Allscripts Healthcare Solutions (US), Fujifilm Holdings (Japan), GE Healthcare (US) among others.

Key players are adopting inorganic growth strategies such as product launches in the global nutritional supplement market. For instance, In 2020, Allscripts (US) and Microsoft (US) extended their strategic alliance for five years to transform its cloud-based health IT solutions.

Healthcare Cloud Computing Market is further segmented by region into:

North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada

Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America

Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe

APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC

MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA

Healthcare Cloud Computing Market report also contains analysis on:

Healthcare Cloud Computing Market Segments:

By Service:

Infrastructure as a service (Iaas)

Platform as a service (Paas)

Software as a service (Saas)

By Deployment Model:

Private Cloud

Hybrid Cloud

Public Cloud

By Application:

Clinical Information System

Computerized Physician Order Entry

Electronic Medical Records

Radiology Information System

Pharmacy Information System

Others

Non-clinical Information System

Automatic Patient Billing

Revenue Cycle Management

Claims Management

Others

By Pricing Model:

Pay-as-you-go

Spot Pricing

Healthcare Cloud Computing Market Dynamics

Healthcare Cloud Computing Market Size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies Involved in the Market

Value Chain of the Market

Market Drivers and Restraints

FAQs on Healthcare Cloud Computing Market

Which segment is anticipated to hold the largest market share

At what CAGR is the market anticipated to grow between 2020 and 2030

Who are the key players in the Healthcare Cloud Computing Market

What could be the challenging factors in the growth of Healthcare Cloud Computing Market

What are the growth drivers for the Healthcare Cloud Computing Market

Contents

1. Executive Summary

2. Healthcare Cloud Computing Market

2.1. Product Overview

2.2. Market Definition

2.3. Segmentation

2.4. Assumptions and Acronyms

3. Research Methodology

3.1. Research Objectives

3.2. Primary Research

3.3. Secondary Research

3.4. Forecast Model

3.5. Market Size Estimation

4. Average Pricing Analysis

5. Macro-Economic Indicators

6. Market Dynamics

6.1. Growth Drivers

6.2. Restraints

6.3. Opportunity

6.4. Trends

7. Correlation & Regression Analysis

7.1. Correlation Matrix

7.2. Regression Matrix

8. Recent Development, Policies & Regulatory Landscape

9. Risk Analysis

9.1. Demand Risk Analysis

9.2. Supply Risk Analysis

10. Healthcare Cloud Computing Analysis

10.1. Porters Five Forces

10.1.1. Threat of New Entrants

10.1.2. Bargaining Power of Suppliers

10.1.3. Threat of Substitutes

10.1.4. Rivalry

10.2. PEST Analysis

10.2.1. Political

10.2.2. Economic

10.2.3. Social

10.2.4. Technological

11. Healthcare Cloud Computing Market

11.1. Market Size & forecast, 2019A-2030F

11.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.1.2. By Volume (Million Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12. Healthcare Cloud Computing: Market Segmentation

12.1. By Regions

12.1.1. North America:

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.2. Europe:

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.3. Asia-Pacific:

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.4. MEA:

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.5. Latin America:

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2. By Service: Market Share (2020-2030F)

12.2.1. Infrastructure as a service (Iaas), By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2.2. Platform as a service (Paas), By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2.3. Software as a service (Saas), By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3 By deployment model: Market Share (2020-2030F)

12.3.1. Private Cloud, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.2. Hybrid Cloud, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.3. Public Cloud, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.4. By Application: Market Share (2020-2030F)

12.4.1. Clinical Information System, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.4.2. Non-clinical Information System, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.5. By Pricing Model: Market Share (2020-2030F)

12.5.1. Pay-as-you-go, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.5.2. Spot Pricing, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

13. Company Profile

13.1.1. Oracle Corp.

13.1.2. Company Overview

13.1.3. Company Total Revenue (Financials)

13.1.4. Market Potential

13.1.5. Global Presence

13.1.6. Key Performance Indicators

13.1.7. SWOT Analysis

13.1.8. Product Launch

13.2. Microsoft Corp.

13.3. EMC Corp.

13.4. Cisco Systems Inc.

13.5. VMWare, Inc.

13.6. Merge Healthcare, Inc.

13.7. Iron Mountain, Inc.

13.8. IBM Corporation

13.9. Global Net Access (GNAX)

13.10. Dell Inc.

13.11. Cleardata Networks, Inc.

13.12. Carestream Health, Inc.

13.13. Carecloud Corporation

13.14. Athenahealth, Inc.

14 Consultant Recommendation

**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

Methodology/Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)