View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
July 6, 2012

Global healthcare cloud computing market to reach $5.41bn by 2017

Cloud computing is estimated to serve as a boon to the healthcare industry

By CBR Staff Writer

Global healthcare cloud computing market will be worth $5.41bn by 2017, according to a report published by MarketsandMarkets.

The increased will come as the market is witnessing a surge in the adoption of technology and cloud computing is expected to bring about a revolution in the healthcare cloud computing market.

In 2011, the penetration of cloud in healthcare was about 4% and a large number of HCOs are allocating funds for migration to cloud computing in the next five years.

Healthcare organisations are expected to deliver more while limiting healthcare costs at the same time, but factors restraining the growth of this market are security and privacy concerns, being the primary reasons for slow adoption of this technology.

The "Healthcare Cloud Computing (Clinical, EMR, SaaS, Private, Public, Hybrid) Market – Global Trends, Challenges, Opportunities & Forecasts (2012 – 2017)", analyses and studies the major market drivers, restraints, and opportunities in North America, Europe, Asia, and Rest of the World.

The research firm segments cloud technology in healthcare market by applications, deployment models, service models, pricing models, and components.

Cloud computing applications in healthcare are of two main types; clinical information systems (CIS) includes EMR, CPOE, PACS, RIS, LIS, PIS, and others, while non clinical information systems (NCIS) includes Revenue Cycle Management, Automatic Patient Billing, cost accounting, payroll management and claims management.

Content from our partners
How businesses can safeguard themselves on the cyber frontline
How hackers’ tactics are evolving in an increasingly complex landscape
Green for go: Transforming trade in the UK

Private, public, and hybrid clouds are the three deployment models across the healthcare industry and the healthcare industry has been slow to adopt public clouds due to its highly regulated nature whereas the private and hybrid cloud models have a higher affinity.

The healthcare cloud market by service models is further classified into Software-as-a-Service (SaaS), Platform-as-a-Service (PaaS), and Infrastructure-as-a-Service (IaaS).

This market is dominated by SaaS providers like Carestream Health and GE Healthcare.

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU