Cloud computing for health market: post COVID growth

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According to the report, the global healthcare cloud computing market size is expected to reach $ 110.19 billion by 2028, with a CAGR of 18.39% from 2021 to 2028. This growth is attributed to The market is also expected to grow due to the expansion of broadband Internet and the implementation of favorable legislative actions. A significant amount of data is generated and collected by healthcare providers from various internal sources. Each year, the volume of this digital data increases significantly, mainly due to the changing environment of the payer. As a result, on-premises storage is no longer seen as a feasible solution for large-scale health data storage. Cloud computing makes all big data processes possible by providing large amounts of storage and processing capacity. Cloud-based analytical tools also help providers better manage patients by converting health data into meaningful information. However, concerns over data privacy, challenges in data portability and the growing number of cloud data breaches will limit the growth of the healthcare cloud computing market during the period. forecast.

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The recently released Global Cloud Computing Market research report by Evolve Business Intelligence examines the industry against the background of key market aspects including market size and forecast, market share in terms of revenue and volume , the main players and the SWOT analysis. The market is analyzed on the basis of 4 distinct indications in the chapter on market dynamics: drivers, restraints, key trends and challenges. The sum total of these sections will help you understand what strategies will be the best to adopt in order to thrive in this industry over a few short years. Quantitative analysis includes our actual results from this research study where we have provided additional insight into what our readers can do to seize new opportunities or plan against threats that may hamper the market.

The COVID-19 pandemic has resulted in a disruption in the supply chain leading to lower demand or supply shortages in the healthcare cloud computing market. Travel restrictions and social distancing measures have led to a sharp drop in consumer and business spending and this trend is expected to continue for some time. The trend and end user preferences have changed due to the pandemic and have caused manufacturers, developers and service providers to adopt various strategies to stabilize the business.

The new normal
As businesses recover from the COVID-19 pandemic, they face a new set of priorities. Throughout this crisis, they were forced to deal with changing situations and often failed to achieve their ultimate goals. Now that a cure has been found and the pandemic is fading, they will need to recover from this epidemic by setting new goals for themselves to be successful in the future.

In terms of the impact of COVID 19, the Healthcare Cloud Computing Market report also includes the following data points:
• Impact of COVID19 on the size of the healthcare cloud computing market
• Trend and preferences of end user / industry / applications
• Government policies / regulatory framework
• Strategy of the main actors to fight against negative impact / post-COVID strategies
• Opportunity in the healthcare cloud computing market

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Key players
Some of the major healthcare cloud computing players with high market share include IBM, Fujifilm Holdings, GE Healthcare, Qualcomm Inc. These players use new product development and collaboration as a key strategy to gain significant market share in order to compete with market leaders.

The main players presented in the report are:
• IBM
• Athenahealth
• Siemens Healthineers
• Koninklijke Philips
• Allscripts Healthcare Solutions
• Fujifilm Fund
• GE Healthcare
• Iron Mountain Inc
• Qualcomm Inc
• VMware Inc

Segment analysis
Market segmentation by service with emphasis on market share, consumption trend and growth rate of Cloud Computing for Healthcare Market:
o Infrastructure as a service (Iaas)
o Platform as a service (Paas)
o Software as a service (Saas)
o Others

Market segmentation by application with emphasis on market share, consumption trend and growth rate of Cloud Computing for Healthcare Market:
o Clinical information system
o Non-clinical information system

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Global geographic coverage of cloud computing for healthcare:
• North America
o United States
o Canada
Mexico

• Europe
UK
o Germany
o France
Italy
o Rest of Europe

• Asia Pacific
o China
Japan
India
o South Korea
o Rest of Asia-Pacific

• Rest of the world
o South America
o Middle East and Africa

The Asia-Pacific region is expected to achieve the maximum growth imaginable during the period analyzed. Raising awareness, rapidly improving health infrastructure and increasing investment in health technologies.

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