SUBSCRIBE TO TMCnet
TMCnet - World's Largest Communications and Technology Community

TMC NEWS

TMCNET eNEWSLETTER SIGNUP

Healthcare Cloud Computing Market worth $5.4 Billion is growing at a CAGR of 20.5% by 2017 - New report by MarketsandMarkets
[December 28, 2012]

Healthcare Cloud Computing Market worth $5.4 Billion is growing at a CAGR of 20.5% by 2017 - New report by MarketsandMarkets

Dec 28, 2012 (PRWeb.com via COMTEX) -- The "Healthcare Cloud Computing (Clinical, EMR, SaaS, Private, Public, Hybrid) Market - Global Trends, Challenges, Opportunities & Forecasts (2012 - 2017)", published by MarketsandMarkets (http://www.marketsandmarkets.com), analyzes and studies the major market drivers, restraints, and opportunities in North America, Europe, Asia, and Rest of the World.

Browse more than 100 market data tables spread through 231 pages and in-depth TOC of "Healthcare Cloud Computing (Clinical, EMR, SaaS, Private, Public, Hybrid) Market - Global Trends, Challenges, Opportunities & Forecasts (2012 - 2017)".

http://www.marketsandmarkets.com/Market-Reports/cloud-computing-healthcare-market-347.html Early buyers will receive 10% customization on reports.


This report studies the global healthcare cloud computing market over the forecast period 2012-2017.

Cloud technology in healthcare market can be segmented by applications, deployment models, service models, pricing models, and components. Applications in healthcare are of two main types; Clinical Information Systems (CIS) and Non Clinical Information Systems (NCIS). CIS includes EMR, CPOE, PACS, RIS, LIS, PIS, and others while NCIS includes Revenue Cycle Management, Automatic Patient Billing, cost accounting, payroll management, and claims management.

Private, public, and hybrid clouds are the three deployment models across the healthcare industry. The healthcare industry has been slow to adopt public clouds due to its highly regulated nature where as the private and hybrid cloud models have a higher affinity. The healthcare cloud market by service models is further classified into Software-as-a-Service (SaaS), Platform-as-a-Service (PaaS), and Infrastructure-as-a-Service (IaaS). The market is dominated by SaaS providers such as Carestream Health, Inc. and GE Healthcare (U.K.).

Cloud computing is a utility based or pay-per-use type of a service and the market can be categorized by two types of pricing models offered by the service vendors, the pay-as-you-go model and the subscription-based or spot pricing model. The fifth segmentation of the market is by its components namely, software, hardware, and services.

The market is witnessing a surge in the adoption of technology and cloud computing is expected to bring about a revolution in the healthcare IT market. Healthcare organizations are expected to deliver more while limiting healthcare costs at the same time. Despite this a few factors restrain the growth of this market with security and privacy concerns being the primary reasons for slow adoption of this technology.

Cloud computing is estimated to serve as a boon to the healthcare industry and the market is witnessing an increased adoption of this technology. In 2011, the penetration of cloud in healthcare was approximately 4%. A large number of HCOs are allocating funds for migration to cloud computing in the next five years.

About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. They cover thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. To know more about us and our reports, please visit our website http://www.marketsandmarkets.com Contact: Mr. Rohan North - Dominion Plaza, 17304 Preston Road, Suite 800, Dallas, TX 75252 Tel: +1-888-6006-441 Email: sales@marketsandmarkets.com http://www.marketsandmarketsblog.com/ Read the full story at http://www.prweb.com/releases/cloud-computing/healthcare-market/prweb10277457.htm PRWeb.com

[ Back To TMCnet.com's Homepage ]





LATEST VIDEOS

DOWNLOAD CENTER

UPCOMING WEBINARS

MOST POPULAR STORIES





Technology Marketing Corporation

800 Connecticut Ave, 1st Floor East, Norwalk, CT 06854 USA
Ph: 800-243-6002, 203-852-6800
Fx: 203-866-3326

General comments: tmc@tmcnet.com.
Comments about this site: webmaster@tmcnet.com.

STAY CURRENT YOUR WAY

© 2014 Technology Marketing Corporation. All rights reserved | Privacy Policy