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Progressive medical care technology creates possibilities for the healthcare cloud computing market

Fort Collins, Colorado, Oct. 26, 2023 (GLOBE NEWSWIRE) -- According to DataHorizzon Research, theHealthcare Cloud Computing Market size was valued at USD 37.2 Billion in 2022 and is expected to reach USD 168.8 Billion by 2032 with a CAGR of 16.4%.

Cloud computing in healthcare involves remote servers for storing, managing, and processing healthcare data accessible through the Internet. It enhances accessibility for both providers and patients, leading to better patient health outcomes. Technological advancements like remote monitoring, telehealth, and electronic health records drive the market growth.

Cloud computing is increasingly being adopted in healthcare to streamline collaborative patient care. It allows healthcare providers to easily view and share a patient's record, eliminating the need for unnecessary testing and over-prescription. Storing electronic health records in cloud systems also enables easy data sharing with other providers and interactions with other physicians.

Value-based healthcare is driving market growth. This model pays hospitals and doctors based on patient health outcomes rather than service delivery costs. Cloud computing helps improve scalability, remote work, and patient engagement, essential for delivering effective care in value-based healthcare.

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Segmentation Overview:

The globalhealthcare cloud computing market has been segmented into product, deployment, service, end-user, and region. The healthcare provider solutions segment dominated the healthcare cloud computing market. Clinical information systems held a large market share due to healthcare providers' increased adoption of electronic health records, picture archiving and communication systems, and other telehealth solutions. These solutions improve patient care, increase participation, and improve patient outcomes. Providers' rising adoption of these solutions is because they decrease the time spent on chronic disease management and allow for dynamic tech-based communication, creating a continual flow of information.

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Healthcare Cloud Computing Market Report Highlights:

Some prominent players in the healthcare cloud computing market report include Amazon Web Services, Inc., Microsoft Corporation, International Business Machines Corporation, Iron Mountain Inc., and Athenahealth. Inc., CareCloud, Inc., Siemens Healthineers, eClinicalWorks, GNAX Health, Koninklijke Philips N.V., and Allscripts Healthcare Solutions, Inc., among others.

Industry Trends and Insights:

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Healthcare Cloud Computing Market Segmentation:

By Region: North America, Latin America, Europe, Asia Pacific, the Middle East and Africa.

About DataHorizzon Research:

DataHorizzon is a market research and advisory company that assists organizations across the globe in formulating growth strategies for changing business dynamics. Its offerings include consulting services across enterprises and business insights to make actionable decisions. DHRs comprehensive research methodology for predicting long-term and sustainable trends in the market facilitates complex decisions for organizations.

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Healthcare Cloud Computing Market To Reach USD 168.8 Billion By 2032 - Yahoo Finance