The North American healthcare cloud market was valued at $1.75B in 2013 and is poised to grow at a CAGR of 29.8% from 2013 to 2018, to reach $6.5 billion by 2018, according to a Marketandmarkets report.
Key drivers of the market growth identified in the report include:
- increased adoption of health IT
- legislative reforms of the Patient Protection and Affordability Care Act (PPACA)
- dynamic nature and availability of various types of health benefit plans
- proliferation of new payment models
- improvements in storage technologies
- greater flexibility and scalability of data
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The cost benefits offered by the cloud technology is the major reason that is likely to fuel the growth of cloud computing in the healthcare industry. However, factors such as data security concerns and reduced control over applications and content are hindering the growth of this market.
Key Market Segments
The North American Healthcare Cloud Computing Market is segmented on the basis of applications, deployment mode, services, pricing model, components, end users, and geography. The applications market includes clinical and non-clinical information systems applicable for the healthcare providers and payers industry. The clinical information systems are further classified into EMR, PACS, CPOE, RIS, LIS, PIS, and Others. The non-clinical information systems include revenue cycle management, automatic patient billing, payroll, claims management, cost accounting, and others
Major Players in the US Healthcare Cloud Market
The major players in the North American Healthcare Cloud Computing Market include:
- Athenahealth, Inc.
- CareCloud Corporation
- Carestream Health, Inc.
- ClearData Networks, Inc.
- Cisco Systems, Inc.,
- Dell, Inc.,
- EMC Corporation
- Global Net Access
- (GNAX) Health
- Hewlett-Packard Company
- IBM Corporation
- Iron Mountain, Inc.
- Merge Healthcare, Inc.
- Microsoft Corporation
- Oracle Corporation
- VMware, Inc.
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For more information, visit http://www.marketsandmarkets.com/Market-Reports/north-america-healthcare-cloud-computing-market-54089599.html
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