Cloud computing has spread its feathers across various industries. The healthcare industry is no exception. The booming healthcare industry has observed tremendous advancements, including cloud computing. Based on the growing need for automation across the healthcare sector, the global healthcare cloud computing market is expected to bring good growth opportunities for the forecast period of 2017-2025.
The popularity of healthcare cloud computing has increased considerably over the years. More than 80 percent of the healthcare industry uses cloud computing for business operations. Transforming healthcare through the cloud is more than just the delivery of medical information or performing any tasks online. It has the ability to connect medical centers too. Thus, all these factors bring promising growth for the healthcare cloud computing market.
Cloud computing has gained substantial momentum and is estimated to gain promising growth as it is helping the healthcare industry in easing tedious clerical functions. Here are some of the important factors that help in boosting the growth prospects of the healthcare cloud computing market.
Cloud computing provides on-demand storage and processing power capabilities. The healthcare facilities do not have to buy servers and also are saved from maintaining the servers. The pay-as-you-go model helps in cutting a large chunk of the cost of the healthcare facilities. These aspects will influence the growth of the healthcare cloud computing market.
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Multiple stakeholders can collaborate their data seamlessly and efficiently through cloud computing. This type of collaboration, also known as interoperability is crucial in an emergency or critical medical situation. Fast access to the medical history of the patient and similar data serves as a boon for faster treatment. Therefore, these factors bode well for the growth of the healthcare cloud computing market.
Telehealth involves a wide range of healthcare-related services such as remote monitoring of patient health, training, and education. The deployment of telehealth services becomes easy through cloud computing. Remote locations can be accessed easily with telehealth services. The load on healthcare facilities is reduced substantially due to these services, which further increases the demand for healthcare cloud computing.
The adoption of the latest advancements such as Artificial Intelligence (AI) and machine learning in the healthcare cloud computing market is expected to sow the seeds of growth. By machine learning algorithms, the ability to diagnose diseases accurately is improved extensively. These factors bring promising growth for the healthcare cloud computing market.
Healthcare Cloud Computing in COVID-19
Cloud computing was already gaining tremendous traction before COVID-19 hit the world. The emergence of the pandemic led to a high patient caseload and a strain on the healthcare infrastructure. To ease the workload, healthcare cloud computing gained immense momentum during the pandemic. Here’s how the healthcare cloud computing market is anticipated to observe a positive growth trajectory across the COVID-19 pandemic.
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The cloud computing systems in the healthcare sector are helping in tracking COVID-19 patients. The data collected by cloud computing is used for tracing the infection histories and links. These links prove to be beneficial for breaking the chain of transmission. The various applications developed by numerous cloud computing developers will serve as a growth churner for the healthcare cloud computing market.
With the number of COVID-19 positive patients increasing at a rapid rate, accessibility to faster cloud servers and data recovery at a faster pace helps in decreasing the caseload of the healthcare professionals. Swift data and communication exchange between healthcare workers, research centers, and hospital centers enables a better and more time-efficient healthcare environment. Hence, all these factors will boost the demand for healthcare cloud computing extensively.