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Global Healthcare Cloud Computing Market, Forecast to 2023
Global Healthcare Cloud Computing Market, Forecast to 2023
Competitive Dynamics are Pushing Services to the Forefront
28-Jan-2020
North America
Market Research
Description
Cloud computing in healthcare is gaining momentum as a variety of factors create a significant need for the value propositions that a successful cloud implementation promises to offer. Global healthcare cloud market revenue is expected to surge at a compound annual growth rate of 25.1% from 2018 to 2023.
Cloud computing involves the use of external suppliers of infrastructure, platforms, and software. As a result, former capital expenses or owned software systems are transitioned to a service offered by a cloud provider or participants within a cloud service provider’s ecosystem. This study focuses on cloud services that are used by providers and other healthcare stakeholders seeking to manage clinical and business workflows and reduce certain costs associated with the data-rich global healthcare environment.
This study reviews the significant drivers that are propelling cloud computing in healthcare. For example, the data flow resulting from digital health systems will transform healthcare to a Big Data environment. This trend will include data from telehealth and increasingly from consumer-generated remote monitoring systems. There is a consistent view across the industry that healthcare providers are eager to take advantage of the cloud, but this is offset by the reality that careful planning and diligence must be performed in order to ensure that the configuration of the selected cloud implementation is the correct path forward. Also challenging is the fact that providers are finding it difficult to staff the IT cloud management experts needed to ensure a smooth transition from in-house systems. The transition to usage-based cloud services must be well planned to avoid the potential for higher-than-anticipated costs. For example, the migration of data from internal data centers to cloud services can be complicated, depending on the systems involved. There is also the ever-present need to maintain data security and patient privacy.
Cloud computing offers a compelling financial proposition for healthcare providers. By utilizing the infrastructure of a cloud service provider, healthcare providers should be able achieve increased scalability and reduce their IT costs. In addition, the use of software-as-a-service will relieve medical staff from time-intensive management of various software-related maintenance and update functions.
The study also reviews the potential for the healthcare cloud to accelerate the deployment of emerging technologies such as artificial intelligence, blockchain, and advanced data analytics.
The evolving healthcare cloud will increase the potential for data system interoperability across the healthcare industry. Perhaps the most exciting aspect of the cloud will be the growth of a new generation of ecosystems that will revolutionize the way that clinical and operational data can be used to support improved patient outcomes and customer relationship management. Although a great deal of media attention is devoted to tracking familiar cloud market leaders such as Amazon AWS, Microsoft Azure, and Google Cloud, this report will identify and summarize the activities of key participants of the emerging healthcare cloud ecosystem. This dynamic ecosystem will be the catalyst of new growth opportunities for specialized service suppliers across the global healthcare industry.
Key Issues Addressed
- How has the market for cloud solutions for healthcare providers changed in the last few years?
- What will be the growth opportunities over the next five years?
- Who are the current market participants, and are they well positioned to meet customer needs?
- How is the healthcare cloud being used by imaging departments?
- What are some innovative, industry-specific solutions being introduced using cloud platforms, and how do these impact current healthcare industry paradigms?
- How will care delivery ecosystems evolve using cloud technologies?
Analyst: Victor Camlek
RESEARCH: INFOGRAPHIC
This infographic presents a brief overview of the research, and highlights the key topics discussed in it.Click image to view it in full size
Table of Contents
Key Findings
Global Healthcare Cloud Computing Market Dashboard
Growth Opportunities in the Global Market
Critical Success Factors
CEO’s Perspective
Scope and Segmentation
Key Questions this Study will Answer
Alternatives to Cloud Computing
Market Definitions and Segmentation
Cloud Infrastructure Definitions
Healthcare Industry Transformations Driving Cloud Adoption
Top Reasons for Healthcare Providers to Invest in Cloud
Care Delivery Innovations Powered by Cloud Computing
New Business Models Powered by Cloud Computing
Major Development—IBM Acquisition of Red Hat
Cloud Pricing Models
Challenges of Moving Data to the Cloud
Multi-Cloud Environments Gaining Attention
5G Wireless Networks—Potential Impact on the Cloud
Healthcare Cloud Computing Approaching Maturity
Cloud Convergence Potential with Other Emerging Technologies
Cloud Convergence Potential Explained
Healthcare Cloud—Medical Imaging
Opportunities for Cloud Services to Support Imaging
Imaging Companies’ Cloud Value Propositions
Imaging Companies’ Cloud Value Propositions (continued)
The Healthcare Cloud-based Ecosystem
Samples of Healthcare Partners—AWS Cloud Ecosystem
Samples of Healthcare Partners—AWS Cloud Ecosystem (continued)
Samples of Healthcare Partners—Microsoft Azure
Samples of Healthcare Partners—Microsoft Azure (continued)
Samples of Healthcare Partners—Google Cloud
Revenue Forecast
Revenue Forecast by Segment
Revenue Forecast by Segment Discussion
Regional Revenue Share and CAGR
Regional Revenue Share and CAGR Discussion
Regional Revenue Share and CAGR Discussion (continued)
Penetration Analysis
Growth Opportunities in the Global Market
Growth Opportunity 1—Imaging Informatics
Growth Opportunity 2—PHM
Growth Opportunity 3—Real-World Data and Analytics
Growth Opportunity 4—Health Data Continuity
Growth Opportunity 5—Telemedicine
Critical Success Factors
Recent Notable Deals that Impact the Healthcare Cloud
Recent Notable Deals that Impact the Healthcare Cloud (continued)
Recent Notable Deals that Impact the Healthcare Cloud (continued)
Recent Notable Deals that Impact the Healthcare Cloud (continued)
Recent Notable Deals that Impact the Healthcare Cloud (continued)
Recent Notable Deals that Impact the Healthcare Cloud (continued)
Recent Notable Deals that Impact the Healthcare Cloud (continued)
Competitive Market Structure
Healthcare Cloud Service Breakdown
Cloud Services—Competitive Dynamics
Cloud Vendor Selection Criteria and Competitive Advantages in Healthcare
Competitive Market Structure
Competitive Market Structure (continued)
Competitive Market Structure (continued)
Notable Healthcare Cloud Companies
Notable Healthcare Cloud Companies (continued)
Notable Healthcare Cloud Companies (continued)
Notable Healthcare Cloud Companies (continued)
Notable Healthcare Cloud Companies (continued)
Notable Healthcare Cloud Companies (continued)
Notable Healthcare Cloud Companies (continued)
Notable Healthcare Cloud Companies (continued)
Notable Healthcare Cloud Companies (continued)
Notable Healthcare Cloud Companies (continued)
Notable Healthcare Cloud Companies (continued)
Leading Cloud Solution Suppliers
Leading Cloud Solution Suppliers (continued)
Leading Cloud Solution Suppliers (continued)
Leading Cloud Solution Suppliers (continued)
Leading Cloud Solution Suppliers (continued)
Leading Cloud Solution Suppliers (continued)
Leading Cloud Solution Suppliers (continued)
Leading Cloud Solution Suppliers (continued)
Leading Cloud Solution Suppliers (continued)
Leading Cloud Solution Suppliers (continued)
Leading Cloud Solution Suppliers (continued)
Leading Cloud Solution Suppliers (continued)
Leading Cloud Solution Suppliers (continued)
Specialized Healthcare Cloud Services
Specialized Healthcare Cloud Services (continued)
Specialized Healthcare Cloud Services (continued)
Healthcare EHR Cloud Services
Healthcare Cloud System Integrators
Healthcare Cloud System Integrators (continued)
Healthcare Cloud System Integrators (continued)
Healthcare Cloud System Integrators (continued)
Healthcare Cloud System Integrators (continued)
Healthcare Cloud System Integrators (continued)
Healthcare Cloud System Integrators (continued)
Key Trends in North America
Key Trends in Latin America
Key Trends in Europe
Key Trends in Africa
Key Trends in the Middle East
Key Trends in India
Key Trends in China
Key Trends in Japan
Key Trends in Southeast Asia
Key Trends in Australia
The Last Word
The Last Word Discussion
The Last Word Discussion (continued)
Legal Disclaimer
List of Abbreviations
List of Exhibits
The Frost & Sullivan Story
Value Proposition—Future of Your Company & Career
Global Perspective
Industry Convergence
360º Research Perspective
Implementation Excellence
Our Blue Ocean Strategy
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Key Issues Addressed
- How has the market for cloud solutions for healthcare providers changed in the last few years?
- What will be the growth opportunities over the next five years?
- Who are the current market participants, and are they well positioned to meet customer needs?
- How is the healthcare cloud being used by imaging departments?
- What are some innovative, industry-specific solutions being introduced using cloud platforms, and how do these impact current healthcare industry paradigms?
- How will care delivery ecosystems evolve us
| Deliverable Type | Market Research |
|---|---|
| No Index | No |
| Podcast | No |
| Author | Michael Jude |
| Industries | Healthcare |
| WIP Number | K3E5-01-00-00-00 |
| Is Prebook | No |
| GPS Codes | 9564-B1,9600-B1,9612-B1 |