Healthcare Cloud Infrastructure Market size was over USD 58.7 billion in 2024 and is estimated to reach USD 374.5 billion by the end of 2037, expanding at a CAGR of 16.7% during the forecast timeline, i.e., 2025-2037. In 2025, the industry size of healthcare cloud infrastructure is estimated at USD 68.5 billion. The growth is driven by the surge in collecting data volume for healthcare facilities. The collected data is further utilized to improve the spectrum of medical services. Many pharmaceutical companies also choose cloud services to collect patient feedback in drug development. In March 2024, Microsoft collaborated with NVIDIA to elevate the research and innovation in health and life sciences through cloud computing technology.
The rise in EHRs and telehealth services is also growing the demand in the healthcare cloud infrastructure market. Health organizations are adopting cloud solutions for efficient data management and storage. Hospitals and other large healthcare institutions are seeking secure cloud services to comply with regulatory laws. Leading tech companies are developing technologies to supply as per HIPPA-compliance conditions. In April 2021, IBM introduced Trestle to help highly regulated industries, including healthcare. The open-source tool can accommodate auto-compliance with regulations during development. Such innovative cloud solutions are helping developers save time while minimizing the risk of noncompliance.
Author Credits: Radhika Pawar
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