U.S. Healthcare Cloud Computing Market Set to Reach USD 31,200 Million by 2026

21-Sep-2021 | Facts and Factors

As per a recently issued market research report by Facts & Factors, the U.S.healthcare cloud computing market was about USD 11260 Million in 2020, with sales value projected to hit around USD 31,200 Million by the end of 2026 and at a CAGR of 18.5% during 2021-2026.

Cloud computing is the ability to conduct computer-based simulations in order to progress with real work tasks without the need for any processing power that has been installed by the user. Cloud computing solutions often employ a “pay-as-you-go” model that is aimed at reducing expenditure costs which is also the reason behind its immense popularity. The pivotal factors for the significant growth of the U.S. healthcare computing market are rising technological advancements in the healthcare sector coupled with an increased focus on digitization measures to name a few.

Additionally, the rising deployment solutions coupled with a surge of HCIT based factors are expected to increase the footprint of the U.S. healthcare cloud computing market during the forecast period. Integration of cloud computing services such as electronic health records (EHRs), radiology images, pharmacy sales, lab tests, and insurance claims data are further expected to increase revenue opportunities of the U.S. healthcare cloud computing market during the forecast period.

Top Market Players

The key market participants for the U.S. healthcare cloud computing market are Athenahealth, eClinicalWorks, Allscripts Healthcare Solutions, and GE Healthcare, among others.

Market Dynamics

The U.S. healthcare cloud computing market can be based upon software as a service (SaaS), infrastructure as a service (IaaS), and platform as a service (PaaS) on the basis of service. The software as a service (SaaS) category is expected to witness the largest market share during the advent of the forecast owing to the increase of on-premise solutions which factor into lower costs pertaining to ownerships and rapid development times coupled with increasing demand from the healthcare sector in terms of multi-tenant services.

The U.S. healthcare cloud computing market can be divided into hospitals, pharmacies, diagnostic and imaging centers, surgical and ambulatory centers, and others on the basis of end-users. The hospital's segment is expected to occupy the largest market share during the advent of the forecast owing to the rising number of hospital-based admissions coupled with added integration of technologically advanced products to name a few.

United States to Flourish During the Advent of the Forecast in Terms of Global Revenue Contribution

Healthcare-based cloud computing is dominant in the region of the United States owing to a larger amount of patient data being integrated in a wider range of medical disorders coupled with an increasing number of key market players in the region to name a few. Stringent government regulations in the region aimed at improving consumer quality of care coupled with an increasing number of COVID-19 related cases are expected to increase the footprint of the healthcare cloud computing market during the forecast period. Additionally, the implementation of the Health Information Technology for Economic and Clinical Health Act (HITECH Act) in the country will further open new revenue opportunities for the healthcare cloud computing market during the forecast period.

Browse in full “U.S. Healthcare Cloud Computing Market By Service (Software as a Service (SaaS), Infrastructure as a Service (IaaS), & Platform as a Service (PaaS)), By Deployment Mode (Private Cloud, Private Cloud, & Others), By Application (Clinical Information Systems & Non-Clinical Information Systems), By End-Users (Hospitals, Pharmacies, Diagnostic & Imaging Centers, Surgical & Ambulatory Centers & Others), And By Regions Comprehensive Analysis, and Forecast 2021 - 2026” report at https://www.fnfresearch.com/us-healthcare-cloud-computing-market-by-component-hardware

The U.S. healthcare cloud computing market can be segmented into:

U.S. Healthcare Cloud Computing Market: By Service Segment Analysis

• Software as a Service (SaaS)
• Infrastructure as a Service (IaaS)
• Platform as a Service (PaaS)

U.S. Healthcare Cloud Computing Market: By Deployment Mode Segment Analysis

• Private Cloud
• Private Cloud
• Others

U.S. Healthcare Cloud Computing Market: By Application Segment Analysis

• Clinical Information Systems
  • Healthcare Information System
  • Telehealth
  • Radiology Information Systems
  • Ambulatory or Outpatient CIS
• Non-Clinical Information Systems
  • Supply Chain Management Solutions
  • Others

U.S. Healthcare Cloud Computing Market: By End-Users Segment Analysis

• Hospitals
• Pharmacies
• Diagnostic & Imaging Centers
• Surgical & Ambulatory Centers
• Others

U.S. Healthcare Cloud Computing Market: By Regional Segment Analysis

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • France
  • Germany
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East and Africa
  • GCC Countries
  • South Africa
  • Rest of MEA

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