The global healthcare cloud infrastructure market has shown robust growth, with 2023 sales reaching an impressive USD 55.1 billion. According to the newly-released market analysis report by Future Market Insights, the market is expected to continue its rapid expansion, with a compound annual growth rate (CAGR) of 23.9%. By 2033, the Healthcare Cloud Infrastructure market is projected to soar to a staggering USD 464.1 billion.
This significant growth trajectory underscores the increasing adoption of cloud-based technologies within the healthcare sector. Healthcare organizations worldwide are embracing cloud solutions to enhance operational efficiency, improve patient care, and meet the growing demand for secure, scalable, and cost-effective infrastructure.
The report highlights the accelerating digital transformation of healthcare systems as a key factor fueling the demand for cloud infrastructure. This includes the migration of electronic health records (EHR), telemedicine platforms, and clinical data storage to cloud environments, which offer greater flexibility, security, and accessibility.
Future Market Insights further attributes the market’s strong growth to advancements in artificial intelligence, big data analytics, and machine learning, all of which benefit from the scalability and computational power that cloud infrastructure provides.
As the Healthcare Cloud Infrastructure market continues to evolve, stakeholders including healthcare providers, technology vendors, and regulatory bodies will need to collaborate to ensure data privacy, compliance, and security in this rapidly changing landscape.
Key Takeaways:
- The global Healthcare Cloud Infrastructure market is experiencing significant growth, with 2023 sales reaching USD 55.1 billion. The market is poised to expand at a robust compound annual growth rate (CAGR) of 23.9%, reaching a projected valuation of USD 464.1 billion by 2033.
- USA Market Analysis: North America’s healthcare cloud infrastructure market is expected to reach USD 135 billion by 2033, driven by the adoption of advanced cloud-based solutions and the presence of major IT players like IBM, Oracle, Microsoft, Amazon, and Salesforce. Strategic collaborations, such as the partnership between Microsoft and Allscripts in 2020, are fostering innovation in the sector.
- United Kingdom Market Analysis: The UK market is projected to grow at a CAGR of 28.6%, reaching USD 32.9 billion by 2033, with an estimated absolute dollar opportunity of USD 30.2 billion during the forecast period.
- Japan Market Analysis: Japan’s healthcare cloud infrastructure market is expected to reach USD 17.5 billion by 2033, growing at a CAGR of 23% and generating an absolute dollar opportunity of USD 15.3 billion.
- South Korea Market Analysis: South Korea’s market is set to reach USD 7.1 billion by 2033, with a CAGR of 18% and an absolute dollar opportunity of USD 5.8 billion.
Accelerated Market Demand: Find Comprehensive Insights and Trends in Our Full Report!
Competitive Landscape:
The key players operating in the global healthcare cloud infrastructure market are Dell, Hewlett-Packard Enterprise Development LP, Microsoft, Oracle Corporation, and IBM.
A few of the recent developments in the Healthcare Cloud Infrastructure Market are:
- In February 2022, IBM and SAP strengthened their partnership to enable clients to move their workloads from SAP solutions to the Cloud.
- In February 2022, Kyndryl partnered with AWS to accelerate cloud adoption and innovation for customers.
- In July 2021, Amazon announced the rollout of AWS for Health cloud services for healthcare, genomics, and biopharma.
- In July 2021, Wellforce announced the migration of its Epic infrastructure to AWS cloud.
Market Segments Covered in Healthcare Cloud Infrastructure Market Analysis
By Component:
- Hardware
- Server
- Storage
- Network
- Services
- Software-as-a-service (SaaS)
- Infrastructure-as-a-service (IaaS)
- Platform-as-a-Service (PaaS)
By End-Use:
- Healthcare Payers
- Healthcare Providers
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa(MEA)
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube