The report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
The Cloud Technologies in Healthcare Market is expected to grow from USD 28.1 billion in 2020 to USD 73.1 billion by 2026 at a CAGR of over 17.6% during the forecast period.
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Based on application, the market has been segmented into clinical information systems and nonclinical information systems.
- The clinical information systems segment accented for the higher market share in 2020.
- It has been further sub-segmented into electronic medical records (EMR), pharmacy information system (PIS), radiology information system (RIS), picture archiving and communication system (PACS), computerized physician order entry (CPOE) and others.
Geographically, the market in North America accounted for the largest market share in 2020 and is expected to continue its dominance over the forecast period owing to the increasing adoption of technologically advanced healthcare solutions and increasing investment in R&D activities in the healthcare sector.
The market in the Asia-Pacific region is projected to register the fastest growth during the review period on account of increasing investment in the development of advanced healthcare infrastructure and government support to promote the usage of advanced technologies in the healthcare sector.
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This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
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