One of the major requirements of any hospital or healthcare organization is easy and rapid access to patient data. When data is migrated to the cloud by a hospital, it is stored on systems and platforms maintained by the service vendor, who can create certain interoperability challenges.
To maintain maximum efficiency, it is ideal if there is a high degree of interoperability and standardization between healthcare solutions for the cloud. In 2019, Cerner announced the launch of a cognitive healthcare platform to deal with interoperability issues by removing the need for manual steps.
Storage and management of data, particularly in the healthcare industry, where data is today's major asset, is prohibitively expensive, resulting in additional costs associated with the need for expensive servers. Because of its scalability, cloud computing aids in the hassle-free storage and backup of data in these situations.
Using the cloud also allows you to reduce your workload on busy days. Furthermore, with many healthcare professionals offering consultations via video conferencing and phone calls during this pandemic, this segment's growth is expected to accelerate significantly during the projection period. Patients with minor symptoms are required to choose remote consultation as a result of the social distancing measures.
Furthermore, it significantly lessens the load on hospitals who are dealing with a high volume of COVID-19 patients. The pandemic has resulted in severe resource shortages. As a result, alternative pricing models and value-based pricing will emerge.
The global Healthcare Cloud Computing Market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; Allscripts Healthcare Solutions, Inc., Amazon Web Services, Inc., Athenahealth, Inc., CareCloud, Inc., ClearDATA Networks, Inc., Dell Technologies, Inc., DXC Technologies, eClinical Works, EnSoftek, Inc., Fujifilm Holdings Corporations, GE Healthcare, Global Net Access, Hyland Software, Inc., INFINITT Healthcare, Co. Ltd., International Business Machines Corporations, Iron Mountain, Inc., Koninklijke Philips N.V., Microsoft Corporations, Nextgen Healthcare, Inc., NTT DATA Corporation, Oracle Corporation, Salesforce, Inc., Sectra AB, Siemens Healthineers AG, VEPRO eHealth Solutions, VMware, Inc.
SPER Market Research study aims to provide market dynamics, demand and supply with yearly forecast to 2030. This report provides data for growth estimates and forecasts for Product segment- Based on the Product, Global Healthcare Cloud Computing Market is segment as: Healthcare provider solutions [Clinical Information Systems {Electronic Health Records/ Electronic Medical Records EHR/EMR (EHR/EMR to dominate clinical information systems market)}, {Picture archiving & communication systems and vendor-neutral archives (PACS AND VNA (Growing image generation alongside need for scalability and easy haring to drive PACS and VNA demand)}, {Population health management solutions (Rising prevalence of chronic diseases and need to reduce healthcare costs to drive PHM adoption)}, {Telehealth solutions (Shortage of health professionals to drive market growth)}, {Radiology information systems RIS (RIS uses a cloud solution to help convert radiology to a virtual solution)}, {Laboratory information systems (High flexibility, interoperability, scalability, and cost-efficiency of cloud-based LIS to drive market demand)}, {Pharmacy information systems (Rising demand for automatic refills and the growing popularity of e-prescriptions to drive PIS use)}, {Other clinical information systems)}], [Non-Clinical Information Systems {Revenue cycle management RCM solutions (RCM solutions hold largest share of nonclinical information systems market)}, {Financial management solutions (Cloud-based financial solutions to streamline and automate labour-intensive healthcare financial management functions)}, {Health information exchange HIE solutions (Need for timely sharing of vital patient information to drive HIE demand)}, {Supply chain management solutions (Supply chain management solutions to help reduce operational and administrative expenses)}, {Billing & accounts management solutions (Implementing cloud-based billing to reduce expenses, increase revenue, and improve customer service)}, {Other nonclinical information systems}, [Healthcare Payer Solutions{Claims Management Solution (Claims management solutions to help healthcare payers efficiently manage claims processing), {Payment Management Solution (Payment management solutions connect payers, providers, members, and banks on a single integrated network)}, {Customer Relationship Management CRM solutions (Healthcare payers to create CRM strategies to meet unique needs of their stakeholders)},{Provider Network Management PRM solutions (PRM solutions to offer reliable and secure connection between provider-payer community)}, {Fraud Management Solutions (Rising cases of insurance fraud to drive market growth)}], for Component segment- Services (Demand for consulting services to grow in developing regions), Software (Rising healthcare costs drive software adoption), for Development segment- Private cloud (Private cloud segment to account for largest share of market), Hybrid cloud (Hybrid cloud segment to register highest growth), Public cloud, for Service segment-Software-as-a-service (Software-as-a-service segment to dominate healthcare cloud computing market, Benefits of software-as-a-service), Infrastructure-as-a-service ( Infrastructure-as-a-service segment to register highest growth during forecast period), Benefits of infrastructure-as-a-service, Platform-as-a-service ( Platform-as-a-service simplifies application development and deployment on cloud, Benefits of platform-as-a-service), for Pricing segment- Pay-as-you-go pricing (Pay-as-you-go-pricing model segment to account for largest share during forecast period), Spot pricing (Spot pricing model offers flexibility and unlimited utilization of services), for End-user segment- Healthcare providers (Healthcare providers use cloud based EMRs to reduce costs, enhance privacy and facilitate better patient care), Healthcare payers (Cloud computing enables payers to accelerate their medical claims processing tasks, enhance customer care and improve documentation activities).
This report also provides the data for key regional segments of North America, Europe, Asia-Pacific and Rest of the World.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.