Healthcare Cloud Infrastructure Market Analysis

Component (Service, Hardware)

In terms of components, the service segment is projected to dominate healthcare cloud infrastructure market share of over 76.7% by 2037. Diverse applications and scalability are some of the major reasons behind the rapid adoption of cloud services. The effectiveness of these offerings including IaaS, PaaS, and SaaS is propelling the demand. The secure and efficient solutions enable medical organizations to improve patient care and streamline operations. In November 2023, ServiceNow collaborated with AWS with a five-year SCA to develop a conjugated Softwareâ€‘asâ€‘aâ€‘Service (SaaS). The service is dedicated to developing AI-driven custom applications for industries such as healthcare.

End Use (Healthcare Providers, Healthcare Payers)

Based on end use, the healthcare providers segment is garnering greater growth opportunities in the healthcare cloud infrastructure market. Enlarging demand for the HER, patient management, and data storage solutions is emphasizing the industry. The increased range of medical facilities inspires providers to develop more convenient and affordable cloud tools. Enhanced patient care and improved operational efficiency are driving the focus of organizations to implement cloud technologies. Many tech companies are combining industry expertise to upgrade their existing data management solutions. For instance, in April 2021, Microsoft acquired Nuance in a transaction of USD 19.7 billion to extend cloud and AI capabilities for EHRs.

Our in-depth analysis of the global market includes the following segments:

Component	Service Software-as-a-service (SaaS) Platform-as-a-service (PaaS) Infrastructure-as-a-service (IaaS) Hardware Server Storage Network
End use	Healthcare providers Hospitals Diagnostic & imaging centres Ambulatory surgical centers Healthcare payers Public payers Private payers

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of the healthcare cloud infrastructure market was over USD 58.7 billion.

The market size for the healthcare cloud infrastructure market is projected to reach USD 374.5 billion by the end of 2037 expanding at a CAGR of 16.7% during the forecast period i.e., between 2025-2037.

The major players in the market are Allscripts Healthcare Solutions Inc., Alphabet Inc., Amazon Web Services, Inc., Cisco Systems, Inc, Dell Inc., Hewlett Packard Enterprise Development LP, IBM, Microsoft Corporation, Oracle Corporation, Salesforce, Inc., and others.

In terms of components, the services segment is anticipated to garner the largest market share of 76.7% by 2037 and display lucrative growth opportunities during 2025-2037.

The market in North America is projected to hold the largest market share of 39.8% by the end of 2037 and provide more business opportunities in the future.

Healthcare Cloud Infrastructure Market Analysis