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Cloud computing is a method to store and access
data and programs over the internet. The term is generally used to describe
data centers available to many users over the Internet. There are three main
service models of cloud computing are Software as a Service (SaaS), Platform as
a Service (PaaS), and Infrastructure as a Service (IaaS). Cloud computing helps
the healthcare industry in many ways such as it helps share and store data,
holds and provides more information at a lower cost, provides great reach
during the times of disaster, and allows professionals to store and access data
remotely, which helps to speed up the medical research.
Moreover, in healthcare, cloud computing makes
medical record-sharing easy and secure, automates backend operations, and even
facilitates the creation and maintenance of telehealth applications. Increasing
cloud deployment in the healthcare industry and increasing adoption of IoT
(Internet of Things) in healthcare, wearable devices, and big data analytics is
expected to drive the growth of the healthcare cloud computing
market. For instance, in December 2019, KCR adopted a
cloud platform, Veeva Vault, for its clinical research programs. Internet
adoption has increased over the years, doubled since 2010. Furthermore, better
scalability, flexibility, and storage of data offered by cloud computing and the
increasing penetration of the internet is expected to propel the market growth.
For instance, according to the internet live
stats, more than 4.77 billion people (around 60% of the global population) were
active internet users as of December 2020. However, the lack of adoption of the
internet and lack of awareness in emerging regions is expected to impede market
growth. For instance, China has a huge online community, yet its internet
penetration is 65.6% (of the population). Moreover, the emergence of the
telecloud, the use of blockchain in the health cloud, and the formation of
accountable care organizations are expected to create significant growth
opportunities for the healthcare cloud computing market. In terms of geography,
the healthcare cloud computing market is divided into six regions, such as
North America, Europe, Asia Pacific, South America, the Middle East, and
Africa.
Asia Pacific is expected to witness robust growth
in the market, owing to the increasing government initiatives for healthcare
digitization, growing patient pool, and growing disease burden in the region.
Moreover, telehealth and virtual care delivery options have subsequently
increased as a result of the global pandemic (COVID-19 outbreak). Furthermore,
key players active in the market are adopting various strategies (such as
merger and acquisition, partnership, etc.) to enhance their market share, as
well as expand their product portfolio. For instance, in February 2020, Sectra
signed a ten-year contract with Region Halland to deliver its radiology imaging
solution (RIS) as a cloud service.
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