Pharmacetical Newswire

Pharmaceutical News!

Press release distribution service
Pharmaceutical Links

Pharmanewswire.Com: Pharmaceutical News

Healthcare Data Storage Market worth $5.4 billion in 2024

 



(PharmaNewsWire.Com, October 23, 2019 ) Growth in this market is driven mainly by the massive growth in digital data volume in healthcare organizations, faster and easier deployment of cloud storage solutions, and increasing adoption of hybrid data storage solutions.



“The flash & solid-state storage segment is projected to grow at the highest CAGR during the forecast period.”



Based on type, the healthcare data storage market is segmented into magnetic storage and flash & solid-state storage. The flash & solid-state storage segment is expected to register the highest CAGR during the forecast period. Over the years, the capacities of flash & solid-state drives have surpassed that of magnetic disks, while their prices have reduced considerably. Both factors have driven their adoption over magnetic storage.



Download PDF Brochure@

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=54001426



Based on the storage system, the NAS segment is projected to grow at the highest CAGR during the forecast period.



Based on the storage system, the healthcare data storage market is segmented into direct-attached storage (DAS), network-attached storage (NAS), and storage area network (SAN). The NAS segment is projected to grow at the highest CAGR during the forecast period. NAS solutions provide data accessibility from any connected device for multiple authenticated users via a network. This ease of access is one of the key factors driving the adoption of NAS.



The pharmaceutical & biotechnology companies, CROs, and CMOs segment is expected to dominate the healthcare data storage market.



Based on end user, the healthcare data storage market is segmented into pharmaceutical & biotechnology companies, CROs, and CMOs; research centers, academic & government institutes, and clinical research labs; hospitals, clinics, and ASCs; diagnostic & clinical laboratories; and other end users. In 2018, the pharmaceutical & biotechnology companies, CROs, and CMOs segment accounted for the largest share of the global healthcare data storage market. This can be attributed to the fact that pharmaceutical & biotechnology companies conduct extensive research on drug discovery, which generates a massive amount of data.



North America to dominate the market in 2019



In 2019, North America is expected to command the largest share of the market. The large share of this regional segment can be attributed to factors such as the increasing volume of unstructured healthcare data across and rapid technological advancements, which have led to an increased demand for secure, reliable, and cost-efficient storage infrastructure in North America.



The healthcare data storage market is marked by the presence of several big and small players. Some of the prominent players offering healthcare data storage products are Dell (US), IBM Corporation (US), NetApp (US), Hewlett Packard Enterprise Development LP (US), Pure Storage, Inc. (US), Hitachi, Ltd. (Japan), Toshiba Corporation (Japan), Western Digital Corporation (US), Scality (US), and Huawei Technologies Co., Ltd. (China). These players have adopted growth strategies, such as product launches, acquisitions, partnerships, agreements, and collaborations, to further expand their presence in the global market.



Request Sample Pages@

https://www.marketsandmarkets.com/requestsampleNew.asp?id=54001426



About MarketsandMarkets™



MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.



Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.



MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.



Contact:

Mr. Shelly Singh

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA : 1-888-600-6441

sales@marketsandmarkets.com

360Quadrants

Mr. Shelly Singh

1-888-600-6441

raviraj.tak@marketsandmarkets.com

Source: EmailWire.Com

Source: EmailWire.com


Pharmaceutical Sponsors

Free Biotech & Pharmaceutical Magazines

Pharmacy Newswire Video Feed

Pharmaceutical & Biotech Resources
We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Biotechnology & Pharmaceuticals resource center today to browse our selection of 600+ complimentary Biotechnology & Pharmaceuticals magazines, white papers, webinars, podcasts, and more. Get popular titles including:

IronPort Provides Email Management and Analysis for a Premier Health Care Solutions Provider
Pharmaceutical & Medical Packaging News
Medical Laboratory Observer

No credit cards, coupons, or promo codes required. Try it today!

Pharmanewswire.com is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © GroupWeb Media LLC. All Rights Reserved.

For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com, or contact us.
Copyright 2009 GroupWeb Media LLC
GroupWeb Media Network

Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | i-SoftwareNews.com | iT-NewsWire.Com
| i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net
Pharmanewswire.com - Pharmaceutical Newswire and Press Release service of GroupWeb Media LLC