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1 Persistence Market Research Global Healthcare Cloud Computing Market will Reach US$12,653.4 million in Persistence Market Research Persistence Market Research 1

2 Persistence Market Research Released New Market Report Global Market Study on Healthcare Cloud Computing: Hybrid Clouds to Witness Highest Growth by 2020 the global healthcare cloud computing market was valued at USD 4,216.5 million in 2014 and is expected to grow at a CAGR of 20.1% from 2014 to 2020, to reach an estimated value of USD 12,653.4 million in Healthcare cloud computing refers to a process which involves delivering hosted medical services to the clients. These services can be classified into majorly three types: infrastructure-as-a-service, platform-asa-service, and software-as-a-service. A cloud can be public, private, hybrid or community in nature. Request Sample Report: Globally, the healthcare cloud computing market is witnessing significant growth due to increased government healthcare IT spending and advanced features of cloud computing services In addition, rising demand for better healthcare facilities, increasing in popularity of wireless and cloud technologies are driving the healthcare cloud computing market. However, factors such as high cost involved in the implementation of clinical information systems and lack of security and privacy of patient s information restrain the global market for healthcare cloud computing market. In addition, interoperability issues negatively impact the growth of the healthcare cloud computing market. The global healthcare cloud computing market is estimated at USD 4,216.5 million in 2014 and expected to reach USD 12,653.4 million in 2020, growing at a CAGR of 20.1%. North America has the largest market for the global healthcare cloud computing market. This is due to technological advancements in the region. North American market for healthcare cloud computing is estimated at USD 1,857.5 million in 2014 and is expected to reach USD 5,757.7 million in 2020, growing at a CAGR of 20.7%. In terms of deployment model, hybrid clouds are the fastest growing segment. In terms of service model, software-as-a-service (Saas) is the largest segment of healthcare cloud computing market. One of the latest trends that have been observed in the global healthcare cloud computing market includes increasing use of mobile devices for delivering healthcare services. Persistence Market Research 2

3 Microsoft Corporation and International Business Machines Corporation are some of the leading players in the global market for healthcare cloud computing market. Some of the other major players in healthcare cloud computing market are Agfa-Gevaert N.V., CareCloud Corporation, Dell Inc, ORACLE CORPORATION, GE Healthcare and Merge Healthcare Incorporated. Buy Full Report: The healthcare cloud computing market is segmented as follows: Healthcare Cloud Computing Market, By Applications Non-Clinical Information Systems Clinical Information Systems Healthcare Cloud Computing Market, By Type of CIS Electronic Medical Records (EMR) Picture Archiving and Communication System (PACS) Pharmacy Information System (PIS) Radiology Information System (RIS) Laboratory Information System (LIS) Computerized Physician Order Entry (CPOE) System Healthcare Cloud Computing Market, By Deployment Model Private Cloud Public Cloud Hybrid Cloud Community Cloud Healthcare Cloud Computing Market, By Components Software Persistence Market Research 3

4 Services Hardware Healthcare Cloud Computing Market, By Service Model Software-as-a-service (SaaS) Infrastructure-as-a-service (IaaS) Platform-as-a-service (PaaS) Healthcare Cloud Computing Market, by Geography North America U.S. Europe Germany France U.K. Asia China Japan Persistence Market Research 4

5 Market History: Healthcare cloud computing refers to an information technology model that enables convenient, ondemand network access to a shared pool of configurable computing resources. Globally, the healthcare cloud computing market is witnessing significant growth due to increasing demand for better healthcare facilities, rising investments by healthcare it players and cost effectiveness of healthcare cloud computing systems. In addition, increase in popularity of wireless and cloud technologies and rising government Initiatives are driving the healthcare cloud computing market. However, factors such as privacy and security issues and lack of experienced professionals are restraining the global market for healthcare cloud computing. In addition, interoperability issues impact the growth of the global healthcare cloud computing market. The global healthcare cloud computing market was estimated at USD 4,216.5 million in It is likely to grow with a CAGR of 20.1% and reach USD 12,653.4 million in North America has the largest market for the global healthcare cloud computing market. Non-clinical information systems are the largest segment of the overall healthcare cloud computing market. In clinical information systems, electronic medical records systems are the largest segment. On the basis of deployment model, private clouds dominate the market. On the basis of components, software is the largest segment. On the basis of service model, software-as-a-service dominates the market. North America market for healthcare cloud computing was estimated at USD 1,857.5 million in 2014 and is expected to reach USD 5,757.7 million in 2020, growing at a CAGR of 20.7%. One of the latest trends that have been observed in the global healthcare cloud computing market is the increasing use of mobile devices for healthcare facilities. Various IT companies, such as Microsoft Corporation, ORACLE CORPORATION, International Business Machines Corporation and Dell Inc. are the leading players in the global market for healthcare cloud computing. Some of the other major players in healthcare cloud computing market are GE Healthcare, Merge Healthcare Incorporated, Agfa-Gevaert N.V., CareCloud Corporation, athenahealth, Inc. and Carestream Health, Inc. Persistence Market Research 5

6 Table of Content Chapter 1 Preface 1.1 Report Description 1.2 Research Methodology 1.3 Assumptions Chapter 2 Market Synopsis Chapter 3 Porter s Five Forces Analysis 3.1 Bargaining power of suppliers 3.2 Bargaining power of buyers 3.3 Threat of new entrants 3.4 Threat of substitutes 3.5 Intensity of rivalry Persistence Market Research 6

7 Chapter 4 Industry Overview 4.1 Market Definition 4.2 Market Drivers Increasing demand for better healthcare facilities Rising government Initiatives Cost effectiveness of healthcare cloud computing systems Rising investments by healthcare IT players Increase in popularity of wireless and cloud technologies 4.3 Impact Analysis of Market Drivers 4.4 Restraints Lack of experienced professionals Privacy and security issues Interoperability issues 4.5 Impact Analysis of Market Restrains 4.6 Opportunities Emerging markets hold a great potential Demand for powerful IT systems in diagnostic and medical laboratories 4.7 Market Trends Use of mobile devices Chapter 5 Global Market Size and Forecast 5.1 On the Basis of Geography 5.2 On the Basis of Application 5.3 On the Basis of Deployment Model 5.4 On the Basis of Component 5.5 On the Basis of Service Model Chapter 6 Market Size and Forecast by Applications 6.1 Non-clinical Information System (NCIS) 6.2 Clinical Information System (CIS) Chapter 7 Market Size and Forecast by type of CIS 7.1 Electronic Medical Records (EMR) System 7.2 Picture Archiving and Communication System (PACS) 7.3 Pharmacy Information System (PIS) 7.4 Radiology Information System (RIS) Persistence Market Research 7

8 7.5 Laboratory Information System (LIS) 7.6 Computerized Physician Order Entry (CPOE) System Chapter 8 Market Size and Forecast by Deployment Model 8.1 Private Cloud 8.2 Hybrid Cloud 8.3 Public Cloud 8.4 Community Cloud Chapter 9 Market Size and Forecast by Components 9.1 Software 9.2 Services 9.3 Hardware Chapter 10 Market Size and Forecast by Service Model 10.1 Software-as-a-service (SaaS) 10.2 Infrastructure-as-a-service (IaaS) 10.3 Platform-as-a-service (PaaS) Chapter 11 Market Size and Forecast by Geography 11.1 North America 11.2 Europe 11.3 Asia 11.4 Rest of the World Chapter 12 Competitive Scenario 12.1 Competitive benchmarking Chapter 13 Company Profiles 13.1 Agfa-Gevaert N.V Company overview Product and services Financial performance Recent developments 13.2 athenahealth, Inc Company overview Persistence Market Research 8

9 Products and services Financial performance Recent developments 13.3 CareCloud Corporation Company overview Products and services Financial performance Recent developments 13.4 Carestream Health, Inc Company overview Product and services Financial performance Recent developments 13.5 Dell Inc Company overview Product and services Financial performance Recent developments 13.6 International Business Machines Corporation Company Overview Product and services Financial performance Recent developments 13.7 ORACLE CORPORATION Company overview Product and services Financial performance Recent developments 13.8 Microsoft Corporation Company overview Product and services Financial performance Recent developments 13.9 Merge Healthcare Incorporated Company overview Persistence Market Research 9

10 Product and services Financial performance Recent developments GE Healthcare Company overview Product and services Financial performance Recent developments List of Tables TABLE 1 Market snapshot: Global market for healthcare cloud computing (2014 and 2020) TABLE 1 Drivers for global healthcare cloud computing market: Impact analysis TABLE 2 Restraints for global healthcare cloud computing market: Impact analysis TABLE 3 Global healthcare cloud computing market size, by region, (USD TABLE 4 Global healthcare cloud computing market size, by region, (USD TABLE 5 Global healthcare cloud computing market size, by application, (USD TABLE 6 Global healthcare cloud computing market size, by application, (USD TABLE 7 Global healthcare cloud computing market size, by deployment model, (USD TABLE 8 Global healthcare cloud computing market size, by deployment model, (USD TABLE 9 Global healthcare cloud computing market size, by component, (USD TABLE 10 Global healthcare cloud computing market size, by component, (USD TABLE 11 Global healthcare cloud computing market size, by service model, (USD TABLE 12 Global healthcare cloud computing market size, by service model, (USD TABLE 13 Global non-clinical information systems market size, by region, (USD Persistence Market Research 10

11 TABLE 14 Global non-clinical information systems market size, by region, (USD TABLE 15 Global clinical information systems market size, by region, (USD TABLE 16 Global clinical information systems market size, by region, (USD TABLE 17 Global CIS market size, by type, (USD TABLE 18 Global CIS market size, by type, (USD TABLE 19 Global EMR systems market size, by region, (USD TABLE 20 Global EMR systems market size, by region, (USD TABLE 21 Global PACS market size, by region, (USD TABLE 22 Global PACS market size, by region, (USD TABLE 23 Global PIS market size, by region, (USD TABLE 24 Global PIS market size, by region, (USD TABLE 25 Global RIS market size, by region, (USD TABLE 26 Global RIS market size, by region, (USD TABLE 27 Global LIS market size, by region, (USD TABLE 28 Global LIS market size, by region, (USD TABLE 29 Global CPOE market size, by region, (USD TABLE 30 Global CPOE market size, by region, (USD TABLE 31 Global private clouds market size, by region, (USD TABLE 32 Global private clouds market size, by region, (USD TABLE 33 Global hybrid clouds market size, by region, (USD TABLE 34 Global hybrid clouds market size, by region, (USD TABLE 35 Global public clouds market size, by region, (USD TABLE 36 Global public clouds market size, by region, (USD TABLE 37 Global community clouds market size, by region, (USD TABLE 38 Global community clouds market size, by region, (USD TABLE 39 Global software market size, by region, (USD TABLE 40 Global software market size, by region, (USD TABLE 41 Global services market size, by region, (USD TABLE 42 Global services market size, by region, (USD TABLE 43 Global hardware market size, by region, (USD TABLE 44 Global hardware market size, by region, (USD TABLE 45 Global Saas market size, by region, (USD Persistence Market Research 11

12 TABLE 46 Global Saas market size, by region, (USD TABLE 47 Global Iaas market size, by region, (USD million TABLE 48 Global Iaas market size, by region, (USD TABLE 49 Global Paas market size, by region, (USD TABLE 50 Global Paas market size, by region, (USD TABLE 51 North American healthcare cloud computing market size, by country, (USD TABLE 52 North American healthcare cloud computing market size, by country, (USD TABLE 53 European healthcare cloud computing market size, by country, (USD TABLE 54 European healthcare cloud computing market size, by country, (USD TABLE 55 Asian healthcare cloud computing market size, by country, (USD TABLE 56 Asian healthcare cloud computing market size, by country, (USD List of Figures FIG. 1 Healthcare cloud computing market: Porter s five force analysis FIG. 2 Positive & negative aspects of healthcare cloud computing FIG. 3 Population aged above 60 years in major countries (%, ) FIG. 4 Global healthcare cloud computing market share, by region, by value, 2013 FIG. 5 Global healthcare cloud computing market share, by application, by value, 2013 FIG. 6 Global healthcare cloud computing market share, by deployment model, by value, 2013 FIG. 7 Global healthcare cloud computing market share, by component, by value, 2013 FIG. 8 Global healthcare cloud computing market share, by service model, by value, 2013 FIG. 9 Global non-clinical information systems market share, by region, by value, 2013 FIG. 10 Global clinical information systems market share, by region, by value, 2013 FIG. 11 Global CIS market share, by type, by value, 2013 FIG. 12 Global EMR systems market share, by region, by value, 2013 FIG. 13 Global PACS market share, by region, by value, 2013 FIG. 14 Global PIS market share, by region, by value, 2013 FIG. 15 Global RIS market share, by region, by value, 2013 Persistence Market Research 12

13 FIG. 16 Global LIS market share, by region, by value, 2013 FIG. 17 Global CPOE market share, by region, by value, 2013 FIG. 18 Global private clouds market share, by region, by value, 2013 FIG. 19 Global hybrid clouds market share, by region, by value, 2013 FIG. 20 Global public clouds market share, by region, by value, 2013 FIG. 21 Global community clouds market share, by region, by value, 2013 FIG. 22 Global software market share, by region, by value, 2013 FIG. 23 Global services market share, by region, by value, 2013 FIG. 24 Global hardware market share, by region, by value, 2013 FIG. 25 Global Saas market share, by region, by value, 2013 FIG. 26 Global Iaas market share, by region, by value, 2013 FIG. 27 Global Paas market share, by region, by value, 2013 FIG. 28 North American healthcare cloud computing market share, by country, by value, 2013 FIG. 29 European healthcare cloud computing market share, by country, by value, 2013 FIG. 30 Asian healthcare cloud computing market share, by country, by value, 2013 FIG. 31 Competitive benchmarking of healthcare cloud computing companies FIG. 32 Agfa-Gevaert N.V. revenue and profit/loss (USD FIG. 33 athenahealth, Inc. total revenue and net income (USD FIG. 34 Dell Inc. net revenue (USD FIG. 35 IBM revenue and net income (USD FIG. 36 Oracle Corporation total revenue and net income (USD FIG. 37 Microsoft Corporation revenue and net income (USD FIG. 38 Merge Healthcare Incorporated net sales and segment income (USD FIG. 39 GE Healthcare revenue and profit (USD About Us: Persistence Market Research (PMR) is a full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients business needs. Persistence Market Research 13

14 PMR stands committed to bringing more accuracy and speed to clients business decisions. From readyto-purchase market research reports to customized research solutions, PMR s engagement models are highly flexible without compromising on its deep-seated research values. Contact Us: Addie Thomes 305 Broadway 7th Floor, New York City, NY 10007, United States, USA - Canada Toll Free: Web: Persistence Market Research 14

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