Global Market Study on Healthcare Cloud Computing: Hybrid Clouds to Witness Highest Growth by 2020


  • Published On : Feb-2015 |
  • Pages : 115 Pages |
  • Format :

Healthcare cloud computing is used to share patient information between healthcare providers and pharmacists. It also plays a vital role in patient billing and reduces capital expenditure which is associated with conventional mode of billing practices. It increases the speed and flexibility of healthcare services such as telemedicine, electronic medical records, and image diagnostic techniques. Mobile devices are gaining popularity in delivering healthcare services. Various factors such as increasing demand for better healthcare facilities, rising government initiatives and cost effectiveness are driving the global market for healthcare cloud computing. In addition, rising investments from healthcare IT players and growing popularity of wireless and cloud technology are some of the major drivers for the global healthcare cloud computing market. However, lack of experienced professionals is key restraint for the global healthcare cloud computing market. In addition, lack of security and privacy of patient’s information also obstructs the growth of the global healthcare cloud computing market.

North America dominates the global healthcare cloud computing market. The U.S. represents the largest market for healthcare cloud computing in North American region. This is due to improved healthcare infrastructure and technological advancements. Asia is expected to experience high growth rate in the next five years in global healthcare cloud computing market. This is due to improving healthcare infrastructure and increasing government spending on healthcare IT. In addition, several government associations are also supporting in growth of the healthcare cloud computing market in Asia.

Various factors such as increasing demand for better healthcare facilities, rising government initiatives and cost effectiveness are driving the global market for healthcare cloud computing. In addition, rising investments from healthcare IT players and growing popularity of wireless and cloud technology are some of the major drivers for the global healthcare cloud computing market. However, lack of experienced professionals is key restraint for the global healthcare cloud computing market. In addition, lack of security and privacy of patient’s information also obstructs the growth of the global healthcare cloud computing market. Increasing usage of portable devices, such as cell-phones and laptops, to access healthcare services is the key trend for the global healthcare cloud computing market. 

This report provides in-depth analysis and estimation of the healthcare cloud computing market for the period 2014 to 2020, considering 2013 as the base year for calculation. In addition, data pertaining to current market dynamics including market drivers, restraints, trends and strategic developments has been provided in the report. The healthcare cloud computing market is categorized on the basis of applications, types of clinical information systems, components, service model, deployment model and geography. Based on applications, the healthcare cloud computing market comprises non-clinical information systems and clinical information systems. Based on deployment model, the market comprises of public clouds, private clouds, hybrid clouds and community clouds. 

In the geographical analysis, the report identifies and analyses market size and forecast of North America, Europe, Asia and Rest of the World (Row). North America is further segmented into the U.S. and the rest of North America. Similarly, Europe is further segmented into Germany, France, U.K. and Rest of Europe. Asia is further segmented into China, Japan and Rest of Asia.

Healthcare cloud computing  refers to an information technology model that enables convenient, on-demand network access to a shared pool of configurable computing resources. Globally, the healthcare cloud computing market is witnessing significant growth due to increasing demand for better healthcare facilities, rising investments by healthcare it players and cost effectiveness of healthcare cloud computing systems. 

In addition, increase in popularity of wireless and cloud technologies and rising government Initiatives are driving the healthcare cloud computing market. However, factors such as privacy and security issues and lack of experienced professionals are restraining the global market for healthcare cloud computing. In addition, interoperability issues impact the growth of the global healthcare cloud computing market. The global healthcare cloud computing market was estimated at USD 4,216.5 million in 2014. It is likely to grow with a CAGR of 20.1% and reach USD 12,653.4 million in 2020.

North America has the largest market for the global healthcare cloud computing market. Non-clinical information systems are the largest segment of the overall healthcare cloud computing market. In clinical information systems, electronic medical records systems are the largest segment. On the basis of deployment model, private clouds dominate the market. On the basis of components, software is the largest segment. On the basis of service model, software-as-a-service dominates the market.

North America market for healthcare cloud computing was estimated at USD 1,857.5 million in 2014 and is expected to reach USD 5,757.7 million in 2020, growing at a CAGR of 20.7%. One of the latest trends that have been observed in the global healthcare cloud computing market is the increasing use of mobile devices for healthcare facilities.

Various IT companies, such as Microsoft Corporation, ORACLE CORPORATION, International Business Machines Corporation and Dell Inc. are the leading players in the global market for healthcare cloud computing. Some of the other major players in healthcare cloud computing market are GE Healthcare, Merge Healthcare Incorporated, Agfa-Gevaert N.V., CareCloud Corporation, athenahealth, Inc. and Carestream Health, Inc.

Some of the major players in the healthcare cloud computing market:

  • Microsoft Corporation.
  • ORACLE CORPORATION.
  • International Business Machines Corporation.
  • Dell Inc.
  • CareCloud Corporation.
  • Agfa-Gevaert N.V.
  • Merge Healthcare Incorporated.
  • Other.

These key market players have been profiled on the basis of attributes such as company overview, recent developments, growth strategies, sustainability and financial overview.

Chapter 1 Preface

1.1 Report Description

1.2 Research Methodology

1.3 Assumptions

Chapter 2 Market Synopsis

Chapter 3 Porter’s Five Forces Analysis

3.1 Bargaining power of suppliers

3.2 Bargaining power of buyers

3.3 Threat of new entrants

3.4 Threat of substitutes

3.5 Intensity of rivalry

Chapter 4 Industry Overview

4.1 Market Definition

4.2 Market Drivers

     4.2.1 Increasing demand for better healthcare facilities

     4.2.2 Rising government Initiatives

     4.2.3 Cost effectiveness of healthcare cloud computing systems

     4.2.4 Rising investments by healthcare IT players

     4.2.5 Increase in popularity of wireless and cloud technologies

4.3 Impact Analysis of Market Drivers

4.4 Restraints

     4.4.1 Lack of experienced professionals

     4.4.2 Privacy and security issues

     4.4.3 Interoperability issues

4.5 Impact Analysis of Market Restrains

4.6 Opportunities

     4.6.1 Emerging markets hold a great potential

     4.6.2 Demand for powerful IT systems in diagnostic and medical laboratories

4.7 Market Trends

     4.7.1 Use of mobile devices

Chapter 5 Global Market Size and Forecast

5.1 On the Basis of Geography

5.2 On the Basis of Application

5.3 On the Basis of Deployment Model

5.4 On the Basis of Component

5.5 On the Basis of Service Model

Chapter 6 Market Size and Forecast by Applications

6.1 Non-clinical Information System  (NCIS)

6.2 Clinical Information System  (CIS)

Chapter 7 Market Size and Forecast by type of CIS

7.1 Electronic Medical Records (EMR) System

7.2 Picture Archiving and Communication System (PACS)

7.3 Pharmacy Information System  (PIS)

7.4 Radiology Information System (RIS)

7.5 Laboratory Information System (LIS)

7.6 Computerized Physician Order Entry  (CPOE) System

Chapter 8 Market Size and Forecast by Deployment Model

8.1 Private Cloud

8.2 Hybrid Cloud

8.3 Public Cloud

8.4 Community Cloud

Chapter 9 Market Size and Forecast by Components

9.1 Software

9.2 Services

9.3 Hardware

Chapter 10 Market Size and Forecast by Service Model

10.1 Software-as-a-service (SaaS)

10.2 Infrastructure-as-a-service (IaaS)

10.3 Platform-as-a-service (PaaS)

Chapter 11 Market Size and Forecast by Geography

11.1 North America

11.2 Europe

11.3 Asia

11.4 Rest of the World

Chapter 12 Competitive Scenario

12.1 Competitive benchmarking

Chapter 13 Company Profiles

13.1 Agfa-Gevaert N.V.

     13.1.1 Company overview

     13.1.2 Product and services

     13.1.3 Financial performance

     13.1.4 Recent developments

13.2 athenahealth, Inc.

     13.2.1 Company overview

     13.2.2 Products and services

     13.2.3 Financial performance

     13.2.4 Recent developments

13.3 CareCloud Corporation

     13.3.1 Company overview

     13.3.2 Products and services

     13.3.3 Financial performance

     13.3.4 Recent developments

13.4 Carestream Health, Inc.

     13.4.1 Company overview

     13.4.2 Product and services

     13.4.3 Financial performance

     13.4.4 Recent developments

13.5 Dell Inc.

     13.5.1 Company overview

     13.5.2 Product and services

     13.5.3 Financial performance

     13.5.4 Recent developments

13.6 International Business Machines Corporation

     13.6.1 Company Overview

     13.6.2 Product and services

     13.6.3 Financial performance

     13.6.4 Recent developments

13.7 ORACLE CORPORATION

     13.7.1 Company overview

     13.7.2 Product and services

     13.7.3 Financial performance

     13.7.4 Recent developments

13.8 Microsoft Corporation

     13.8.1 Company overview

     13.8.2 Product and services

     13.8.3 Financial performance

     13.8.4 Recent developments

13.9 Merge Healthcare Incorporated

     13.9.1 Company overview

     13.9.2 Product and services

     13.9.3 Financial performance

     13.9.4 Recent developments

13.10 GE Healthcare

     13.10.1 Company overview

     13.10.2 Product and services

     13.10.3 Financial performance

     13.10.4 Recent developments


List of Tables

TABLE 1 Market snapshot: Global market for healthcare cloud computing (2014 and 2020)

TABLE 1 Drivers for global healthcare cloud computing market: Impact analysis

TABLE 2 Restraints for global healthcare cloud computing market: Impact analysis

TABLE 3 Global healthcare cloud computing market size, by region, 2010 – 2013 (USD million)

TABLE 4 Global healthcare cloud computing market size, by region, 2014 – 2020 (USD million)

TABLE 5 Global healthcare cloud computing market size, by application, 2010 – 2013 (USD million)

TABLE 6 Global healthcare cloud computing market size, by application, 2014 – 2020 (USD million)

TABLE 7 Global healthcare cloud computing market size, by deployment model, 2010 – 2013 (USD million)

TABLE 8 Global healthcare cloud computing market size, by deployment model, 2014 – 2020 (USD million)

TABLE 9 Global healthcare cloud computing market size, by component, 2010 – 2013 (USD million)

TABLE 10 Global healthcare cloud computing market size, by component, 2014 – 2020 (USD million)

TABLE 11 Global healthcare cloud computing market size, by service model, 2010 – 2013 (USD million)

TABLE 12 Global healthcare cloud computing market size, by service model, 2014 – 2020 (USD million)

TABLE 13 Global non-clinical information systems market size, by region, 2010 – 2013 (USD million)

TABLE 14 Global non-clinical information systems market size, by region, 2014 – 2020 (USD million)

TABLE 15 Global clinical information systems market size, by region, 2010 – 2013 (USD million)

TABLE 16 Global clinical information systems market size, by region, 2014 – 2020 (USD million)

TABLE 17 Global CIS market size, by type, 2010 – 2013 (USD million)

TABLE 18 Global CIS market size, by type, 2014 – 2020 (USD million)

TABLE 19 Global EMR systems market size, by region, 2010 – 2013 (USD million)

TABLE 20 Global EMR systems market size, by region, 2014 – 2020 (USD million)

TABLE 21 Global PACS market size, by region, 2010 – 2013 (USD million)

TABLE 22 Global PACS market size, by region, 2014 – 2020 (USD million)

TABLE 23 Global PIS market size, by region, 2010 – 2013 (USD million)

TABLE 24 Global PIS market size, by region, 2014 – 2020 (USD million)

TABLE 25 Global RIS market size, by region, 2010 – 2013 (USD million)

TABLE 26 Global RIS market size, by region, 2014 – 2020 (USD million)

TABLE 27 Global LIS market size, by region, 2010 – 2013 (USD million)

TABLE 28 Global LIS market size, by region, 2014 – 2020 (USD million)

TABLE 29 Global CPOE market size, by region, 2010 – 2013 (USD million)

TABLE 30 Global CPOE market size, by region, 2014 – 2020 (USD million)

TABLE 31 Global private clouds market size, by region, 2010 – 2013 (USD million)

TABLE 32 Global private clouds market size, by region, 2014 – 2020 (USD million)

TABLE 33 Global hybrid clouds market size, by region, 2010 – 2013 (USD million)

TABLE 34 Global hybrid clouds market size, by region, 2014 – 2020 (USD million)

TABLE 35 Global public clouds market size, by region, 2010 – 2013 (USD million)

TABLE 36 Global public clouds market size, by region, 2014 – 2020 (USD million)

TABLE 37 Global community clouds market size, by region, 2010 – 2013 (USD million)

TABLE 38 Global community clouds market size, by region, 2014 – 2020 (USD million)

TABLE 39 Global software market size, by region, 2010 – 2013 (USD million)

TABLE 40 Global software market size, by region, 2014 – 2020 (USD million)

TABLE 41 Global services market size, by region, 2010 – 2013 (USD million)

TABLE 42 Global services market size, by region, 2014 – 2020 (USD million)

TABLE 43 Global hardware market size, by region, 2010 – 2013 (USD million)

TABLE 44 Global hardware market size, by region, 2014 – 2020 (USD million)

TABLE 45 Global Saas market size, by region, 2010 – 2013 (USD million)

TABLE 46 Global Saas market size, by region, 2014 – 2020 (USD million)

TABLE 47 Global Iaas market size, by region, 2010 – 2013 (USD million

TABLE 48 Global Iaas market size, by region, 2014 – 2020 (USD million)

TABLE 49 Global Paas market size, by region, 2010 – 2013 (USD million)

TABLE 50 Global Paas market size, by region, 2014 – 2020 (USD million)

TABLE 51 North American healthcare cloud computing market size, by country, 2010 – 2013 (USD million)

TABLE 52 North American healthcare cloud computing market size, by country, 2014 – 2020 (USD million)

TABLE 53 European healthcare cloud computing market size, by country, 2010 – 2013 (USD million)

TABLE 54 European healthcare cloud computing market size, by country, 2014 – 2020 (USD million)

TABLE 55 Asian healthcare cloud computing market size, by country, 2010 – 2013 (USD million)

TABLE 56 Asian healthcare cloud computing market size, by country, 2014 – 2020 (USD million)


List of Figures 

FIG. 1 Healthcare cloud computing market: Porter’s five force analysis

FIG. 2 Positive & negative aspects of healthcare cloud computing

FIG. 3 Population aged above 60 years in major countries (%, 2000 - 2050)

FIG. 4 Global healthcare cloud computing market share, by region, by value, 2013

FIG. 5 Global healthcare cloud computing market share, by application, by value, 2013

FIG. 6 Global healthcare cloud computing market share, by deployment model, by value, 2013

FIG. 7 Global healthcare cloud computing market share, by component, by value, 2013

FIG. 8 Global healthcare cloud computing market share, by service model, by value, 2013

FIG. 9 Global non-clinical information systems market share, by region, by value, 2013

FIG. 10 Global clinical information systems market share, by region, by value, 2013

FIG. 11 Global CIS market share, by type, by value, 2013

FIG. 12 Global EMR systems market share, by region, by value, 2013

FIG. 13 Global PACS market share, by region, by value, 2013

FIG. 14 Global PIS market share, by region, by value, 2013

FIG. 15 Global RIS market share, by region, by value, 2013

FIG. 16 Global LIS market share, by region, by value, 2013

FIG. 17 Global CPOE market share, by region, by value, 2013

FIG. 18 Global private clouds market share, by region, by value, 2013

FIG. 19 Global hybrid clouds market share, by region, by value, 2013

FIG. 20 Global public clouds market share, by region, by value, 2013

FIG. 21 Global community clouds market share, by region, by value, 2013

FIG. 22 Global software market share, by region, by value, 2013

FIG. 23 Global services market share, by region, by value, 2013

FIG. 24 Global hardware market share, by region, by value, 2013

FIG. 25 Global Saas market share, by region, by value, 2013

FIG. 26 Global Iaas market share, by region, by value, 2013

FIG. 27 Global Paas market share, by region, by value, 2013

FIG. 28 North American healthcare cloud computing market share, by country, by value, 2013

FIG. 29 European healthcare cloud computing market share, by country, by value, 2013

FIG. 30 Asian healthcare cloud computing market share, by country, by value, 2013

FIG. 31 Competitive benchmarking of healthcare cloud computing companies

FIG. 32 Agfa-Gevaert N.V. revenue and profit/loss 2011-2013 (USD million)

FIG. 33 athenahealth, Inc. total revenue and net income 2011-2013 (USD million)

FIG. 34 Dell Inc. net revenue 2011-2013 (USD million)

FIG. 35 IBM revenue and net income 2011-2013 (USD million)

FIG. 36 Oracle Corporation total revenue and net income 2010-2012 (USD million)

FIG. 37 Microsoft Corporation revenue and net income 2011-2013 (USD million)

FIG. 38 Merge Healthcare Incorporated net sales and segment income 2011-2013 (USD million)

FIG. 39 GE Healthcare revenue and profit 2011-2013 (USD million)

Back To Top