The global healthcare cloud infrastructure market size is expected to reach USD 132.6 billion by 2028, with the market growing at 15.4% CAGR during the forecast period

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In order to collect, manage, store and back up personal and healthcare data, healthcare service providers typically use cloud infrastructure, which is a type of cloud computing. The number of patients visiting hospitals is increasing, especially in public hospitals, which provide a wide range of medical services.

New York, Sept. 28, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Healthcare Cloud Infrastructure Market Size, Share & Industry Trends Analysis Report By Component, By End-use, By Providers Type, By Perspectives and regional forecasts, 2022 – 2028” – https://www.reportlinker.com/p06322050/?utm_source=GNW
Because of this, departments now have huge amounts of data, making it nearly impossible to preserve and back up using old methods.

On the other hand, cloud computing is an important part of market development. Because it allows flexibility in data storage and management, cloud computing is becoming increasingly popular in the healthcare industry. Healthcare providers are rapidly turning to the cloud for HIPAA-compliant software, storage, and networking solutions because it has quickly established itself as a low-cost method of building the complex infrastructure needed to support a range of critical organizational functions.

Healthcare companies can create a flexible and scalable infrastructure through the various benefits that HIPAA-compliant cloud tools can provide, such as remote file sharing, cost savings, custom applications, and improved storage. In the coming years, cloud healthcare infrastructure is expected to supplant on-premises IT infrastructure as the foundation for big data analytics and the continued advancement of electronic health records in healthcare. .

A complete healthcare IT infrastructure can use the cloud in one way or another, from client patient portals or mobile apps to back-end development and data sharing. It is crucial for IT decision makers to understand and have confidence in the cloud solutions they adopt in their IT infrastructure, as this technology increasingly influences consumer and enterprise technologies.

COVID-19 Impact Analysis

Due to its scalability, cloud computing helps in these situations with hassle-free data backup and storage. One can also reduce one’s expenses throughout the busy days thanks to the cloud. Additionally, due to the widespread use of video conferencing and phone calls for consultations by healthcare professionals throughout this pandemic, the growth of this market is expected to significantly increase over the forecast period. Patients with minor symptoms are required by social isolation policies to choose remote consultation. The pandemic has led to severe resource shortages. Value-based pricing and other pricing models would emerge as a result.

Market Growth Factors

Growing prevalence of telehealth and telecloud consultations

Healthcare delivery in remote areas has proven to be enabled by the convergence of wireless and cloud technologies. Most of the doctors and experts operate in the metropolises and cities of several countries. As a result, only these places have sophisticated care facilities, leaving patients in remote areas unattended. By using a telecloud, which allows doctors and healthcare professionals to assess and treat patients over long distances in real time and at reasonable costs, this problem can be solved.

Growing use of IoT, AI, big data analytics and advanced healthcare wearables

The use of IoT in healthcare has revolutionized the entire healthcare industry. The adoption of IoT devices for patient monitoring in the healthcare industry has the potential to ensure patient safety and health while enabling clinicians to provide better treatment. During the forecast period, the healthcare industry is expected to increasingly utilize IoT technology and solutions, accelerating the growth of the market. To improve throughput and expand their service offerings, companies like IBM, SAP SE, and Cisco Systems Inc. are focusing on bringing IoT technology and solutions to healthcare.

Market restraining factors

Organizations’ growing concerns about privacy and data security

The fact that data hosted by the provider is less secure than data kept on premises is a fundamental concern when it comes to cloud solutions. Patient information is considered sensitive and a high level of confidentiality must be maintained to ensure that only authorized individuals can access this information. Patient data has been reviewed by legal frameworks in several countries, including the US Health Insurance Portability and Accountability Act (HIPAA). The EU also has a number of data protection directives. Patient protected health information (PHI) often cannot be transferred outside of the country in which it was created.

Component Perspectives

On the basis of components, the healthcare cloud infrastructure market is segmented into hardware (server, storage and network) and services {Software as a Service (SaaS), Infrastructure as a Service (IaaS) and Platform as -a-Service (PaaS)}. Platform-as-a-Service (PaaS) segment recorded a substantial revenue share in the healthcare cloud infrastructure market in 2021. It provides better flexibility and control over vendor-built applications, while minimizing cost and ownership issues that are typically connected to infrastructure as a service (IaaS).

End-use prospects

Based on end-use, the healthcare cloud infrastructure market is categorized into healthcare providers (hospitals, diagnostic and imaging centers, and outpatient centers) and healthcare payers. The healthcare payers segment procured a major share of the healthcare cloud infrastructure market revenue in 2021. Insurance companies, healthcare plan sponsors, and third-party payers are all examples of payers health care. Payers are rapidly implementing cloud infrastructure solutions for fraud protection, risk assessment, insurance claims settlement, and highly secure collection and storage.

Regional outlook

Regionally, the healthcare cloud infrastructure market is analyzed across North America, Europe, Asia Pacific, and LAMEA. North America has emerged as the top healthcare cloud infrastructure market region with the highest revenue share in 2021. This is driven by the rapid increase in the cost of healthcare and the expansion of IT infrastructure. The industry is made up of some of the leading market players who create healthcare cloud infrastructure services and solutions and offer implementation and training facilities, which is expected to contribute significantly to the expansion of the regional market.

The market research report covers the analysis of major market players. Major companies profiled in the report include Dell Technologies, Inc., Microsoft Corporation, Hewlett-Packard Enterprise Company, Oracle Corporation, IBM Corporation, Salesforce.com, Inc., and Amazon.com, Inc.

Scope of the study

Market Segments Covered in the Report:

By component

• Services

o Software as a service (SaaS)

o Infrastructure as a service (IaaS)

o Platform as a service (PaaS)

• Material

o Storage

o Server

o Network

Per end user

• Health care providers

o Hospitals

o Diagnostic and imaging centers

o Ambulatory centers

• Healthcare payers

By geography

• North America

o United States

o Canada

o Mexico

o Rest of North America

• Europe

o Germany

o United Kingdom

o France

o Russia

o Spain

o Italy

o Rest of Europe

• Asia Pacific

o China

o Japan

o India

o South Korea

o Singapore

o Malaysia

o Rest of Asia-Pacific

• LAMEA

o Brazil

o Argentina

o WATER

o Saudi Arabia

o South Africa

o Nigeria

o Rest of the LAMEA

Profiled companies

• Dell Technologies, Inc.

• Microsoft Corporation

• Hewlett-Packard Enterprise Company

• Oracle Corporation

• IBM Corporation

• Salesforce.com, Inc.

• Amazon.com, Inc.

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• Comprehensive coverage

• The largest number of tables and figures on the market

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Read the full report: https://www.reportlinker.com/p06322050/?utm_source=GNW

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