Key Insights On The Healthcare Cloud Infrastructure Market 2023 – Size, Driver, And Major Players
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
As per The Business Research Company’s Healthcare Cloud Infrastructure Global Market Report 2023, the healthcare cloud infrastructure market is expected to show significant growth in the forecast period.
Key insights from the healthcare cloud infrastructure market forecast include:
- Market Size
The global healthcare cloud infrastructure market is expected to grow from $59.43 billion in 2022 to $70.13 billion in 2023 at a compound annual growth rate (CAGR) of 18.0%. The market size report healthcare cloud infrastructure market is expected to grow to $134.05 billion in 2027 at a CAGR of 17.6%.
- Major Driver
Growing funding to implement hospital cloud computing technologies in care facilities is expected to propel the growth of the healthcare cloud infrastructure market. For instance, according to the article published by Healthcare IT News, a US-based B2B media group focused exclusively on healthcare and technology markets, the government of Delhi, India allotted an $18.9 million (Rs 13.9 billion) project to set up a cloud-based hospital information management system for Delhi’s public hospitals. Therefore, the growing funding to implement hospital cloud computing technologies in care facilities is driving the demand for the healthcare cloud infrastructure market.
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- Key Trend
Technological advancement is a key trend gaining popularity in the healthcare cloud infrastructure market. Major players operating in the market are concentrating on integrating novel technologies such as AI (artificial intelligence) and text analytics to increase workflow efficiency and reduce costs. For instance, in March 2022, Microsoft Corporation, a US-based software company offering cloud infrastructure, updated its Microsoft Cloud for Healthcare with AI and text analytics to provide complete data insight, minimize provider administrative burden, increase efficiency for frontline care teams, and promote workflow automation that can improve quality of care, reduce clinician fatigue, extract insights from unstructured medical data, and deliver better care faster and at a lower cost.
- Largest Region
North America was the largest region in the healthcare cloud computing market in 2022.
- Major Players
Major players in the healthcare cloud infrastructure market are Dell Inc., Hewlett Packard Enterprise Development LP, Oracle Corporation, International Business Machines Corporation(IBM), Salesforce Inc., Amazon.com Inc., Siemens Healthineers, Koninklijke Philips NV, ClearDATA Networks Inc., CloudMine Inc., Kinvey Inc., Medable Inc., MphRx Inc., and NTT Data Communications Systems Corporation.
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Key Healthcare Cloud Infrastructure Market Segments
The global healthcare cloud infrastructure market is segmented –
1) By Component: Hardware, Services
2) By Pricing Model: Pay-As-You-Go, Spot Pricing
3) By Deployment Model: Private Cloud, Hybrid Cloud, Public Cloud
4) By End-User: Healthcare Providers, Healthcare Payers
The Healthcare Cloud Infrastructure Global Market Report 2023 provides an in-depth analysis on the healthcare cloud infrastructure market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the healthcare cloud infrastructure market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
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