U.S. Healthcare Cloud Computing Market Size, Share Global Analysis Report, 2021 - 2026

Industry Insights

[223+ Pages Report] The latest findings and offers are released by Facts & Factors in a neatly titled “U.S. Healthcare Cloud Computing Market”. We at Facts & Factors estimated the U.S. healthcare cloud computing market value to be USD 11260 Million in the year 2020 and with an estimated CAGR rate of 18.5% is expected to attain an overall value of USD 31,200 Million by 2026.

Market Overview

Cloud computing is the regular availability of on-demand computer system resources which pertains to storage (cloud storage) with a combination of computing power without any active resource management by the intended user. Cloud computing measures are often relied upon by sharing a variety of resources in order to make systems that often move in tandem for various tasks in a format of a “pay-as-you-go” model that is often perpetuated in decreasing capital expense costs.

Cloud computing in healthcare is often integrated into tasks that pertain to medical record-sharing in an easier and varied format, automate backend operations, and even help with the creation, maintenance, and facilitating the creation of telehealth applications.

Industry Growth Factors

The immense growth factors that are often credited with the U.S. healthcare cloud computing market are increasing technological advancements in the healthcare sector, rising focus on digitization measures, and increased deployment measures that are related to cloud-based HCIT solutions to name a few. The rising number of health providers that are associated with providing efficient cloud computing based measures coupled with the rising adoption of big data analytics is expected to fuel the growth of the U.S. healthcare cloud computing market during the forecast period.

Increased usage of factors that are of medical requirements such as electronic health records (EHRs), radiology images, pharmacy sales, lab tests, and insurance claims data in the U.S. coupled with a rising demand of data that requires value-based payments to telehealth solutions are expected to open new revenue opportunities for the U.S. healthcare cloud computing market during the forecast period.

A rising trend of wireless technologies among advanced care facilities coupled with the rising emergence of cloud technology is expected to increase the footprint of the U.S. healthcare cloud computing market during the forecast timeframe. Factors associated with diagnosing patients located at large distances in real-time coupled with affordable costs are further expected to extend the reach of the U.S. healthcare cloudy computing market to a larger consumer base during the forecast period. However, the rising consumer awareness of data security and privacy concerns among the U.S. population is expected to hamper the growth of the U.S. healthcare cloud computing market.

Segmentation Analysis

The U.S. healthcare cloud computing market can be segmented into service, deployment mode, application, end-users, and regions.

On the basis of service, the U.S. healthcare cloud computing market can be divided into software as a service (SaaS), infrastructure as a service (IaaS), and platform as a service (PaaS). The segment pertaining to software as a service (SaaS) is expected to witness the largest market share during the advent of the forecast owing to on-premise solutions pertaining to lower costs of ownership and faster deployment time coupled with the rising demand from the healthcare sector owing to multi-tenant services to name a few.

On the basis of deployment mode, the U.S. healthcare cloud computing market can be broken down into private cloud, private cloud, and others. The private cloud segment is expected to occupy the largest market share during the advent of the forecast owing to additional benefits over control stored in the cloud for the healthcare staff coupled with increased adherence to a range of compliance issues to name a few. On the basis of application, the U.S. healthcare cloud computing market can be fragmented into clinical information systems and non-clinical information systems. The segment pertaining to clinical information systems is expected to dominate the segment during the forecast duration owing to rising demand for advanced tools owing to digitization measures for clinical functions and integrated data management features to name a few.

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

Report Scope

Regional Analysis

The U.S. healthcare cloud computing market is extremely dominant in the region of the United States due to the larger volume of patient data pertaining to a wider range of diseases coupled with the rising number of key market players in the region to name a few. Additionally, a favorable regulatory scenario in the region coupled with a surge of cases for COVID-19 is expected to pave the way for a rapid growth scenario for the healthcare cloud computing market during the forecast period.

Moreover, the implementation of the Health Information Technology for Economic and Clinical Health Act (HITECH Act) in the country is expected to increase the adoption of the healthcare computing market in the region to a larger consumer base.

Key Players

The key market participants for the U.S. healthcare cloud computing market are:

• Amazon Web Services Inc. 
• Dell Inc. 
• IBM Corporation 
• Oracle Corporation 
• Carestream Health 
• Athenahealth 
• eClinicalWorks 
• Allscripts Healthcare Solutions 
• GE Healthcare

By Service Segment Analysis

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

By Deployment Mode Segment Analysis

• Private Cloud
• Private Cloud
• Others

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

By End-Users Segment Analysis

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

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