Healthcare Cloud Computing Market: 40% of Growth to Originate from North America | By Product and Geography – Global Forecasts to 2025 – QNT Press Release


NEW YORK, June 9, 2022 /PRNewswire/ — Market Overview

The Healthcare Cloud Computing Market Share is expected to increase by USD 25.54 billion from 2020 to 2025with an accelerated CAGR of 22.59%- according to the recent market study by Technavio.

  • The increasing cloud-assisted medical collaborations are the key factors driving the growth of the global healthcare cloud computing market.
  • The introduction of edge computing will fuel the global healthcare cloud computing markets growth.
  • The shortage of cloud professionals in the healthcare industry is a major challenge for global healthcare cloud computing markets growth.
  • North America will register the highest growth rate of 40% among the other regions. Therefore, the healthcare cloud computing market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
  • Lockdown norms across various industries have augmented the need for date storage with remote planning, tracking, and monitoring healthcare data status. For instance, in September 2020Accenture announced an investment of $3 billion in forming the Accenture Cloud First to assist clients across different industries to become cloud-first businesses and accelerate digital transformation.
  • This will enable maintaining a continuous, always-on relationship with patients and plan members between instances of care is critical. Owing to such factors, the market for healthcare cloud computing is expected to grow significantly in the region during the forecast period.
  • The healthcare cloud computing market vendors should focus on grabbing business opportunities from the SaaS segment as it accounted for the largest market share in the base year.

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Scope of the Report

Healthcare Cloud Computing Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 22.59%

Market growth 2021-2025

$25.54 billion

Market structure

Fragmented

YoY growth (%)

21.47

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 40%

Key consumer countries

US, Canada, UK, France, Germany, and China

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Allscripts Healthcare Solutions Inc., Amazon Web Services Inc., athenahealth Inc., Carestream Health Inc., General Electric Co., IBM Corp., Microsoft Corp., Oracle Corp., Salesforce.com Inc., and Siemens Healthineers AG

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

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