Pharmacetical Newswire

Pharmaceutical News!

Press release distribution service
Pharmaceutical Links

Pharmanewswire.Com: Pharmaceutical News

Healthcare Cloud Computing Market worth $89.4 billion by 2027

(PharmaNewsWire.Com, June 03, 2022 ) Major Growth Boosting Factors:

The Healthcare cloud computing market is primarily driven by factors such as the growing adoption of EHR, e-prescribing, telehealth, mHealth, and other healthcare IT solutions due to COVID-19; the increasing adoption of big data analytics, wearable devices, & IoT; increasing cloud deployment in the healthcare industry; better storage, flexibility, and scalability of data offered by cloud computing; the proliferation of new payment models and cost-efficiency of the cloud; and the dynamic nature of health benefit plan designs. On the other hand, data and security concerns and complex regulations governing cloud data centers are factors expected to restrain the market growth to a certain extent.

“In 2021, the healthcare provider solutions segment accounted for the largest market share.”

The healthcare provider segment occupied a larger share of 79.2% of the healthcare cloud computing market in 2021. The segment is expected to exhibit the highest CAGR of 19.2% during the forecast period. The large share of this segment can be attributed to the rising adoption of big data analytics as well as various healthcare IT solutions due to COVID-19.

“By component, the services segment was the larger market share in 2021.”

The services segment accounted for the larger share of the healthcare cloud computing market in 2021. The introduction of complex software and the need to ensure the integration and interoperability of software, which requires extensive training and upgrades, are key factors leading to the growth of this segment.

Download PDF Brochure@

“The SaaS segment accounted for the largest market share in 2021.”

The software-as-a-service segment accounted for the largest share of 71.2% of the healthcare cloud computing market in 2021. This segment is projected to reach USD 56.6 billion by 2027 from USD 26.4 billion in 2022, at a CAGR of 16.4% during the forecast period. The security, lower total cost of ownership, faster deployment time, and limited up-front capital expenses associated with the SaaS model are key factors leading to the growth of this segment.

“In 2021, North America was the region with the largest market share in the healthcare cloud computing market“

The healthcare cloud computing market is segmented into five major regions, namely, North America, Europe, Asia Pacific (APAC), Latin America, and the Middle East & Africa.

North America accounted for the largest share of the healthcare cloud computing market in 2021, followed by Europe and the Asia Pacific. The large share of North America can be attributed to several factors including favourable government initiatives, and high healthcare expenditure in North America, among other factors. Additionally, many healthcare cloud computing companies are headquartered in the region, which adds to the lucrative atmosphere.

Asia Pacific was the fastest growing region, which can be attributed to the increasing adoption digital health solutiins in the region, reforms in China’s healthcare infrastructure, India’s rapidly growing healthcare industry , and health IT program implementation in Australia and New Zealand.

Key Players:

Key players offering healthcare cloud computing products in this market include Amazon Web Services, Inc. (US), Microsoft Corporation (US), International Business Machines Corporation (US), athenahealth. Inc. (US), CareCloud, Inc. (US), Siemens Healthineers AG (Germany), eClinicalWorks (US), Koninklijke Philips N.V. (Netherlands), and Allscripts Healthcare Solutions, Inc. (US).

Request Sample Pages@

These companies adopted strategies such as service launches, business expansions, agreements, partnerships, collaborations, and acquisitions to strengthen their presence in the Healthcare cloud computing market.


Mr. Aashish Mehra


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! 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, or contact us.
Copyright 2009 GroupWeb Media LLC
GroupWeb Media Network

Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | | 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 | | 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 - Pharmaceutical Newswire and Press Release service of GroupWeb Media LLC