In recent time, increased adoption of information technology is key driver for the North American healthcare cloud computing market.
Inthe private cloud segment is estimated to account for the largest share of the North American Healthcare and Life Sciences Cloud Computing market. Hence, huge amounts needed to invest in a proper IT infrastructure set-up is restraining the healthcare providers to go for in-house set-up and cloud service.
Reforms in various countries directly benefiting healthcare sector coupled with the proliferation of cost-efficiency and new payment models of cloud are the major driving factor for the global healthcare cloud computing market.
Furthermore, this technology provides positive returns on investment. In addition, it also offers big data sets for radiology images, genomic data offloading and electronic health records.
Moreover, implementation of the patient protection and affordable care act along with the health benefit plan designs is anticipated to fuel the industry demand over the forecast period.
Data Security and Integrity Issues Data breach is a common phenomenon these days, and according to the Ponemon Institute, an independent research organization focused on data protection information security policy, data breaches in healthcare are consistently high for the sixth year in a row, in terms of volume, frequency, impact, and cost.
On the basis of component, the healthcare and life sciences cloud computing market is divided into hardware, software, and services. This increases the security of data being transferred on the cloud, which is the prime requirement in the healthcare industry.
Company Snapshot Figure 45 Vmware, Inc.: The private cloud segment is anticipated to account for the largest share of the overall industry share. A private cloud provides a dedicate network and infrastructure which is exclusive to one client.
In addition, several government legislative reforms like Patient Protection and Affordability Care Act PPACA and advanced features of healthcare cloud computing services are also supporting in growth of the North American healthcare cloud computing market.
Increasing usage of portable devices, such as cell-phones and laptops, to access healthcare services is key trend for the North American healthcare cloud computing market Some of the major companies operating in the North American healthcare cloud computing market are CareCloud Corporation, athenahealth, Inc.
Based on deployment model, the market is segmented into private cloud, public cloud, and hybrid cloud. Hence, data security and integrity issues are hindering the growth of the healthcare cloud computing market. Registered hospitals are those hospitals that fulfill all the AHA criteria.
The North American healthcare and life sciences cloud computing market is segmented on the basis of application, service model, deployment model, pricing model, component, end-user, and country.
These federal measures are also likely to augment the adoption of cloud computing in rural areas, which will propel the growth of the cloud computing market in the U. In addition, increasing adoption of IT to surge cloud computing and reduce healthcare costs are also expected to boost the industry demand from to The NCIS sub-segment is further divided into patient billing, payroll management, revenue cycle management and claims reimbursement systems.
The significance of cloud computing is expected to increase in the healthcare industry. Furthermore, the industry is further segmented on the basis of end user, which includes healthcare providers and healthcare payers.
Thus, cloud computing dealer need to account for the aforementioned while criticizing to industry and government regulations.
For Customization of Report:North American Healthcare Cloud Computing Market-Forecast to Research and Markets has announced the addition of the "North American Healthcare Cloud Computing Market by Applications, Deployment, Service, Pricing & End Users - Forecast to " report to their offering.
Healthcare cloud computing facilitates faster accessibility of electronic medical records and large storage of medical information in hospitals and clinics. The global healthcare cloud computing market is estimated at USD 4, million in and expected to reach USD 12, million ingrowing at a CAGR of %.
North American market. [ Pages Report] North American Healthcare Cloud Computing Market categorizes the global market by Application (PACS, RCM, EMR), by Deployment (Private, Public), by Service (SaaS, PaaS) & by Geography.
The North American healthcare and life sciences cloud computing market is segmented on the basis of application, service model, deployment model, pricing model, component, end-user, and country. Based on application, the healthcare and life sciences cloud computing market is categorized into Clinical Information System (CIS), Non-clinical.
The Global Healthcare Cloud Computing Market is expected to witness an estimated CAGR of 18% during the forecast period, to North America holds the largest market, followed by Europe.Download